The Gas Engine Market is Projected to grow at CAGR 3% from forecast period 2021-2026. An increase in demand for clean power generation around the world will drive the growth. Due to increased adoption of biogas and landfill gas in power generation applications, the special gas segment is also the fastest growing market. Biogas and landfill-based power plants are receiving subsidies from countries all over the world.
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The global market is expected to be led by power generation, and this trend is expected to continue during the forecast period. Gas engines are primarily used for power generation in manufacturing plants, commercial buildings, public buildings, and utilities. The gas engines are ideal for applications such as base load, grid support, combined cycle, peak shaving, and distributed power generation.

Key market players in the global Gas Engine industries are General Electric Company, Caterpillar Inc., Wartsila Corporation, Rolls-Royce Holdings plc, Cummins Inc.

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