EDINBURGH, Scotland,
March 6, 2015 /PRNewswire/ --
Latest research from Delta Energy and Environment (Delta-ee)
shows that the global market for reciprocating gas engines used
within stationary power applications is set for strong growth over
the next five years. Research from Delta-ee's Distributed Power
Service forecasts that for gas engines sized 400 kWe and above, the
market will increase from 4.6 GWe in 2014 to 7.0 GWe by 2020, at a
compound annual growth rate of over 7%.
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John Murray, Senior Analyst at
Delta-ee comments:
"Falling oil and gas prices help, but global economic expansion
and 'green' drivers underpin our forecast for global gas engine
sales. Our research has identified very different drivers and
trends in key markets such as Germany, UK, USA, Brazil,
Japan and China.
Throughout 2014 we have been researching in great detail the
major global and emerging markets for gas engines. We found that
nine countries make up more than half of the world's gas engine
market - these countries have been the focus of our research."
Delta-ee's Global Gas Engine Statistics Report details the key
market drivers which are set to stimulate this growth, and provides
detailed segmentation of sales data and forecasts, broken down by 6
global regions, 9 countries, and 6 size
bands.
About Delta-ee
Delta-ee is a research and consulting company specialising in
low carbon heat and distributed energy. The Distributed Power
Service covers global markets and provides in-depth market insight
to help you grow your business in an increasingly dynamic energy
sector. We have designed this service to be as accessible and
relevant as possible with Market Intelligence updates regularly
sent to subscribers, covering policy updates, product developments,
energy price movements, and more. In-depth country reports are
published throughout the year alongside segmented sales data and
future projections to 2020.
For more information visit our website at
http://www.delta-ee.com.