| Product Code: ETC126524 | Publication Date: Jun 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Hungary gas engines market, the import trend witnessed a notable growth rate of 58.09% from 2023 to 2024, while the compound annual growth rate (CAGR) for the period 2020-2024 stood at -5.08%. This significant uptick in import momentum can be attributed to a shift in demand towards more efficient and environmentally friendly gas engine technologies, potentially influenced by evolving regulatory standards or market recovery efforts.
The gas engines market in Hungary is experiencing growth driven by the increasing adoption of natural gas and biogas as alternative fuels for power generation and industrial applications. Gas engines offer advantages such as high efficiency, low emissions, and fuel flexibility, making them attractive for combined heat and power (CHP) plants, distributed energy systems, and backup power generation.
The Hungary gas engines market is driven by factors such as the transition towards cleaner energy sources, government incentives promoting renewable energy, and advancements in engine technology. Gas engines, including natural gas and biogas variants, offer efficient and environmentally friendly power generation solutions for various applications such as electricity generation, cogeneration, and industrial processes. Moreover, increasing concerns about air pollution and carbon emissions further stimulate market growth by driving the adoption of gas engines as alternatives to conventional diesel and petrol engines, particularly in stationary and distributed power generation systems.
In the Hungary gas engines market, challenges include optimizing engine performance and efficiency for different fuel types and applications, addressing emissions and environmental concerns regarding engine combustion, and competing with alternative power generation technologies such as renewables and battery storage. Gas engine manufacturers must focus on innovation, research, and development to improve engine design, fuel efficiency, and emissions control technologies to meet these challenges and maintain competitiveness in the market.
Hungary government supports the growth of the gas engines market as part of its efforts to promote energy efficiency, reduce greenhouse gas emissions, and enhance energy security. Policies aim to create a conducive regulatory environment for the deployment of gas engine technology, including standards for engine performance, emissions control, and safety requirements. Additionally, the government provides financial incentives and support programs for businesses to invest in gas engine technology, including grants for equipment purchase, installation, and operation. By promoting the use of gas engines, the government aims to diversify Hungary energy mix, increase energy efficiency, and support the transition to a low-carbon economy.
Hungary Gas Engines |
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 Hungary Gas Engines Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Gas Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Gas Engines Market - Industry Life Cycle |
3.4 Hungary Gas Engines Market - Porter's Five Forces |
3.5 Hungary Gas Engines Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 Hungary Gas Engines Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.7 Hungary Gas Engines Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Hungary Gas Engines Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Hungary Gas Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Hungary Gas Engines Market Trends |
6 Hungary Gas Engines Market, By Types |
6.1 Hungary Gas Engines Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Gas Engines Market Revenues & Volume, By Fuel Type, 2021-2031F |
6.1.3 Hungary Gas Engines Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.4 Hungary Gas Engines Market Revenues & Volume, By Special Gas, 2021-2031F |
6.1.5 Hungary Gas Engines Market Revenues & Volume, By Others, 2021-2031F |
6.2 Hungary Gas Engines Market, By Power Output |
6.2.1 Overview and Analysis |
6.2.2 Hungary Gas Engines Market Revenues & Volume, By 0.5??1 MW, 2021-2031F |
6.2.3 Hungary Gas Engines Market Revenues & Volume, By 1??2 MW, 2021-2031F |
6.2.4 Hungary Gas Engines Market Revenues & Volume, By 2??5 MW, 2021-2031F |
6.2.5 Hungary Gas Engines Market Revenues & Volume, By 5??10 MW, 2021-2031F |
6.2.6 Hungary Gas Engines Market Revenues & Volume, By 10??20 MW, 2021-2031F |
6.3 Hungary Gas Engines Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Hungary Gas Engines Market Revenues & Volume, By Power Generation, 2021-2031F |
6.3.3 Hungary Gas Engines Market Revenues & Volume, By Cogeneration, 2021-2031F |
6.3.4 Hungary Gas Engines Market Revenues & Volume, By Mechanical Drive, 2021-2031F |
6.3.5 Hungary Gas Engines Market Revenues & Volume, By Others, 2021-2031F |
6.4 Hungary Gas Engines Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Hungary Gas Engines Market Revenues & Volume, By Utilities, 2021-2031F |
6.4.3 Hungary Gas Engines Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.4.4 Hungary Gas Engines Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.5 Hungary Gas Engines Market Revenues & Volume, By Others, 2021-2031F |
7 Hungary Gas Engines Market Import-Export Trade Statistics |
7.1 Hungary Gas Engines Market Export to Major Countries |
7.2 Hungary Gas Engines Market Imports from Major Countries |
8 Hungary Gas Engines Market Key Performance Indicators |
9 Hungary Gas Engines Market - Opportunity Assessment |
9.1 Hungary Gas Engines Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 Hungary Gas Engines Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.3 Hungary Gas Engines Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Hungary Gas Engines Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Hungary Gas Engines Market - Competitive Landscape |
10.1 Hungary Gas Engines Market Revenue Share, By Companies, 2024 |
10.2 Hungary Gas Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |