Market Forecast By Power Ratings (0.8-1 MW, 1.1-2 MW, 2.1-5 MW and Above 5 MW), By Applications (Commercial, Industrial, Power Utility and Others), And Competitive Landscape
Product Code: ETC072219 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 14 | No. of Tables: 8 |
Kuwait 800kW and above gas engines for generators market report thoroughly covers the gas engine market by power ratings and applications. Kuwait 800kW and above gas engines for generators market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders device and align their market strategies according to the current and future market dynamics.
The gas Engine market in Kuwait has witnessed a steady growth in recent years owing to various advantages that they offer viz. lower carbon emissions, higher efficiency, and less cost of operation. The demand for gas engines is bound to increase with the increase in demand for electricity especially in developing and emerging economies. However, owing to the COVID-19 pandemic the market is likely to witness a slowdown in 2020 as a result of the suspension of economic activities and disruptions in the international supply chain.
According to 6Wresearch, Kuwait 800kW and Above Gas Engine for Generators Market size are expected to grow at a CAGR of 3.1% during 2020-26. Growing government investment and efforts to develop gas pipeline and gas power-based projects in the country is likely to drive the market for gas engines for generators in Kuwait. Various upcoming initiatives such as the $493 Million gas pipeline tender by Kuwait Oil Company are anticipated to strengthen the gas supply network in the country thus, making it easily available for usage across utilities and industrial domains.
The commercial application held the highest revenue share in the overall Kuwait 800kW and Above Gas Engine for Generators Market. Additionally, as electricity demand continues to grow, the country is rapidly witnessing the development of gas-fired plants to meet the growing energy needs as well as to shift towards cleaner fuels and reduce reliance on conventional energy sources. The steady decline in volume is anticipated owing to the usage of high power output gensets in the forecast period.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Kuwait 800kW and Above Gas Engine For Generators Market Overview |
3.1 Kuwait 800kW and Above Gas Engine for Generators Market Revenues and Volume, 2016-2026F |
3.2 Kuwait 800kW and Above Gas Engine For Generators Market - Industry Life Cycle |
3.3 Kuwait 800kW and Above Gas Engine For Generators Market - Porter’s Five Forces |
4 Kuwait 800kW and Above Gas Engine For Generators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Kuwait 500kW and Above Gas Engine for Generators Market Overview, By Countries |
5.1. Kuwait 500kW and Above Gas Engine for Generators Market Revenues and Volumes, 2017-2026F |
5.1.1. Kuwait 500kW and Above Gas Engine for Generators Market Revenue Share, By Power Output, 2019 and 2026F |
5.1.1.1. Kuwait 0.5-1 MW Gas Engine for Generators Market Revenues,2017-2026F |
5.1.1.2. Kuwait 1.1-2 MW Gas Engine for Generators Market Revenues, 2017-2026F |
5.1.1.3. Kuwait 2.1-5 MW Gas Engine for Generators Market Revenues, 2017-2026F |
5.1.1.4. Kuwait Above 5 MW Gas Engine for Generators Market Revenues, 2017-2026F |
5.1.2. Kuwait 500kW and Above Gas Engine for Generators Market Revenue Share, By Applications, 2019 and 2026F |
5.1.2.1. Kuwait 500kW and Above Gas Engine for Generators Market Revenues, By Commercial Application, 2017-2026F |
5.1.2.2. Kuwait 500kW and Above Gas Engine for Generators Market Revenues, By Industrial Application, 2017-2026F |
5.1.2.3. Kuwait 500kW and Above Gas Engine for Generators Market Revenues, By Power Utility, 2017-2026F |
5.1.2.4. Kuwait 500kW and Above Gas Engine for Generators Market Revenues, By Others, 2017-2026F |
6 Kuwait 800kW and Above Gas Engine For Generators Market Trends |
7 Kuwait 800kW and Above Gas Engine for Generators Market Competitive Benchmarking, By Operating Parameters & Technical Parameters |
8 Company Profiles |
1. Caterpillar Inc. |
2. Siemens AG |
3. Cummins Inc. |
4. Rolls Royce Plc. |
5. Kawasaki Heavy Industries |
6. Mitsubishi Heavy Industries Group |
7. Wartsila Corporation |
8. INNIO Jenbacher GmbH & Co OG |
9. Moteurs Baudouin SA |
10. MAN Energy Solutions SE |
9 Key Strategic Recommendations |
10 Disclaimer |