| Product Code: ETC4675121 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Greece gas engines market, the import trend experienced a notable decline from 2023 to 2024, with a growth rate of -29.33%. However, the compound annual growth rate (CAGR) for the period of 2020-2024 stood at a positive 14.67%. This dip in import momentum could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.
The gas engine market in Greece is growing, fueled by an increased focus on cleaner energy solutions. Gas engines are widely used for power generation, particularly in combined heat and power (CHP) systems, making them a preferred choice for industries and municipalities aiming for energy efficiency.
The Greece Gas Engines Market is driven by the increasing demand for alternative and cleaner energy sources. As industries in Greece seek to reduce their carbon footprint, gas engines, which offer better efficiency and lower emissions compared to traditional diesel engines, are becoming more attractive. The expansion of natural gas infrastructure in the country and its potential in power generation and backup applications are major drivers of this market. Additionally, the push for energy efficiency in both industrial and residential sectors strengthens the demand for gas engines.
The Greece Gas Engines market is challenged by the high initial cost of gas engine technology compared to conventional fuel engines, which can deter smaller businesses from adopting them. The market also faces difficulties in ensuring the long-term sustainability of natural gas as a clean alternative to traditional fossil fuels, especially with growing concerns over the environmental impact of natural gas extraction. Additionally, there is increasing competition from renewable energy sources, which offer more eco-friendly and sustainable alternatives to gas-powered solutions. This pressure to adopt cleaner technologies adds complexity to the market.
The Greek government supports the gas engine market through incentives for adopting cleaner energy technologies. Subsidies for the installation of gas-powered generators in industrial and residential applications promote the transition to natural gas as a primary energy source. Regulatory frameworks ensure compliance with emission standards, particularly for power generation and transportation sectors.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Greece Gas Engines Market Overview |
3.1 Greece Country Macro Economic Indicators |
3.2 Greece Gas Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Greece Gas Engines Market - Industry Life Cycle |
3.4 Greece Gas Engines Market - Porter's Five Forces |
3.5 Greece Gas Engines Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 Greece Gas Engines Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.7 Greece Gas Engines Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Greece Gas Engines Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Greece Gas Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Greece Gas Engines Market Trends |
6 Greece Gas Engines Market Segmentations |
6.1 Greece Gas Engines Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Greece Gas Engines Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.3 Greece Gas Engines Market Revenues & Volume, By Special Gas, 2021-2031F |
6.1.4 Greece Gas Engines Market Revenues & Volume, By Others, 2021-2031F |
6.2 Greece Gas Engines Market, By Power Output |
6.2.1 Overview and Analysis |
6.2.2 Greece Gas Engines Market Revenues & Volume, By 0.5? ??1 MW, 2021-2031F |
6.2.3 Greece Gas Engines Market Revenues & Volume, By 1? ??2 MW, 2021-2031F |
6.2.4 Greece Gas Engines Market Revenues & Volume, By 2? ??5 MW, 2021-2031F |
6.2.5 Greece Gas Engines Market Revenues & Volume, By 5? ??10 MW, 2021-2031F |
6.2.6 Greece Gas Engines Market Revenues & Volume, By ? 10? ??20 MW, 2021-2031F |
6.3 Greece Gas Engines Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Greece Gas Engines Market Revenues & Volume, By Power Generation, 2021-2031F |
6.3.3 Greece Gas Engines Market Revenues & Volume, By Cogeneration, 2021-2031F |
6.3.4 Greece Gas Engines Market Revenues & Volume, By Mechanical Drive, 2021-2031F |
6.3.5 Greece Gas Engines Market Revenues & Volume, By Others, 2021-2031F |
6.4 Greece Gas Engines Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Greece Gas Engines Market Revenues & Volume, By Utilities, 2021-2031F |
6.4.3 Greece Gas Engines Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.4.4 Greece Gas Engines Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.5 Greece Gas Engines Market Revenues & Volume, By Others, 2021-2031F |
7 Greece Gas Engines Market Import-Export Trade Statistics |
7.1 Greece Gas Engines Market Export to Major Countries |
7.2 Greece Gas Engines Market Imports from Major Countries |
8 Greece Gas Engines Market Key Performance Indicators |
9 Greece Gas Engines Market - Opportunity Assessment |
9.1 Greece Gas Engines Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 Greece Gas Engines Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.3 Greece Gas Engines Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Greece Gas Engines Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Greece Gas Engines Market - Competitive Landscape |
10.1 Greece Gas Engines Market Revenue Share, By Companies, 2024 |
10.2 Greece Gas Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |