North America Gas Engine Market Outlook (2021–2028)

The North American gas engine market is projected to rise from US$ 861.3 million in 2021 to US$ 1,469.1 million by 2028, registering a compound annual growth rate (CAGR) of 7.9 percent.

Regulatory tailwinds

Tighter emission standards for diesel and petrol engines are pushing manufacturers toward cleaner alternatives such as natural-gas engines, which deliver high-efficiency power with lower emissions. Environmental monitoring agencies across the region are increasingly limiting the use of traditional diesel engines and generators, prompting industries to adopt gas-fired solutions to remain compliant.

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Technological advances

Recent product launches highlight the sector’s innovation pace:

• Rolls-Royce MTU Series 500 (Dec 2020): 250–550 kW gas engines engineered to run on hydrogen, delivering low fuel consumption and reduced operating costs for industrial and utility customers.
• Kawasaki KG-18-T (Jun 2020): a gas engine featuring a two-stage turbocharging system and 51 percent electrical efficiency, aimed at high-performance power-generation applications.

Such developments, driven by stringent emission regulations, are accelerating market growth.

COVID-19 headwinds

The pandemic triggered a sharp shift to remote work—at its peak, roughly two-thirds of U.S. employees worked from home. Although businesses are gradually reopening, many maintain reduced on-site operations. This has dampened power demand, curbing natural-gas consumption and liquefied-natural-gas (LNG) exports. Lower revenues are causing some power producers to defer or scale back investments in new gas engines.

Market prospects

Despite pandemic-related setbacks, ongoing improvements in efficiency and emissions performance are expected to attract new customers and expand adoption in emerging segments. Consequently, the North American gas engine market is forecast to maintain a robust growth trajectory throughout the forecast period.

Strategic Insights: North America Gas Engine Market

Strategic insights into the North America gas engine market deliver a data-driven evaluation of the industry landscape, highlighting emerging trends, key players, and regional dynamics. These insights equip stakeholders with actionable recommendations to gain a competitive edge—whether by identifying untapped market segments or crafting distinctive value propositions. By leveraging advanced data analytics, businesses can anticipate industry shifts and adapt proactively to evolving demands.

A forward-looking approach is critical, enabling investors, manufacturers, and other stakeholders to position themselves for long-term growth in this fast-changing market. Ultimately, these strategic insights empower decision-makers to optimize profitability, capitalize on new opportunities, and confidently navigate the North American gas engine industry.

 key company profiles

  INNIO Jenbacher GmbH & Co OG

  Caterpillar Inc.

  Cummins Inc.

  Fairbanks Morse, LLC

  Kawasaki Heavy Industries, Ltd.

  Liebherr; MAN SE

  Mitsubishi Heavy Industries, Ltd.

  W?rtsil? Corporation

  MTU (Rolls-Royce Power Systems AG)

  2G ENERGY AG

North America Gas Engine Regional Insights

The geographic scope of the North America Gas Engine refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights