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Global Dual Fuel Engine Market Insights, Forecast to 2025

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Table of Contents

    1 Study Coverage

    • 1.1 Dual Fuel Engine Product
    • 1.2 Key Market Segments in This Study
    • 1.3 Key Manufacturers Covered
    • 1.4 Market by Type
      • 1.4.1 Global Dual Fuel Engine Market Size Growth Rate by Type
      • 1.4.2 Four-Stroke Dual Fuel Engine
      • 1.4.3 Two-Stroke Dual Fuel Engine
    • 1.5 Market by Application
      • 1.5.1 Global Dual Fuel Engine Market Size Growth Rate by Application
      • 1.5.2 Cargo Ship
      • 1.5.3 Cruise Ship
      • 1.5.4 Others
    • 1.6 Study Objectives
    • 1.7 Years Considered

    2 Executive Summary

    • 2.1 Global Dual Fuel Engine Market Size
      • 2.1.1 Global Dual Fuel Engine Revenue 2014-2025
      • 2.1.2 Global Dual Fuel Engine Production 2014-2025
    • 2.2 Dual Fuel Engine Growth Rate (CAGR) 2019-2025
    • 2.3 Analysis of Competitive Landscape
      • 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
      • 2.3.2 Key Dual Fuel Engine Manufacturers
        • 2.3.2.1 Dual Fuel Engine Manufacturing Base Distribution, Headquarters
        • 2.3.2.2 Manufacturers Dual Fuel Engine Product Offered
        • 2.3.2.3 Date of Manufacturers Enter into Dual Fuel Engine Market
    • 2.4 Key Trends for Dual Fuel Engine Markets & Products

    3 Market Size by Manufacturers

    • 3.1 Dual Fuel Engine Production by Manufacturers
      • 3.1.1 Dual Fuel Engine Production by Manufacturers
      • 3.1.2 Dual Fuel Engine Production Market Share by Manufacturers
    • 3.2 Dual Fuel Engine Revenue by Manufacturers
      • 3.2.1 Dual Fuel Engine Revenue by Manufacturers (2014-2019)
      • 3.2.2 Dual Fuel Engine Revenue Share by Manufacturers (2014-2019)
    • 3.3 Dual Fuel Engine Price by Manufacturers
    • 3.4 Mergers & Acquisitions, Expansion Plans

    4 Dual Fuel Engine Production by Regions

    • 4.1 Global Dual Fuel Engine Production by Regions
      • 4.1.1 Global Dual Fuel Engine Production Market Share by Regions
      • 4.1.2 Global Dual Fuel Engine Revenue Market Share by Regions
    • 4.2 United States
      • 4.2.1 United States Dual Fuel Engine Production
      • 4.2.2 United States Dual Fuel Engine Revenue
      • 4.2.3 Key Players in United States
      • 4.2.4 United States Dual Fuel Engine Import & Export
    • 4.3 Europe
      • 4.3.1 Europe Dual Fuel Engine Production
      • 4.3.2 Europe Dual Fuel Engine Revenue
      • 4.3.3 Key Players in Europe
      • 4.3.4 Europe Dual Fuel Engine Import & Export
    • 4.4 China
      • 4.4.1 China Dual Fuel Engine Production
      • 4.4.2 China Dual Fuel Engine Revenue
      • 4.4.3 Key Players in China
      • 4.4.4 China Dual Fuel Engine Import & Export
    • 4.5 Japan
      • 4.5.1 Japan Dual Fuel Engine Production
      • 4.5.2 Japan Dual Fuel Engine Revenue
      • 4.5.3 Key Players in Japan
      • 4.5.4 Japan Dual Fuel Engine Import & Export
    • 4.6 Other Regions
      • 4.6.1 South Korea
      • 4.6.2 India
      • 4.6.3 Southeast Asia

    5 Dual Fuel Engine Consumption by Regions

    • 5.1 Global Dual Fuel Engine Consumption by Regions
      • 5.1.1 Global Dual Fuel Engine Consumption by Regions
      • 5.1.2 Global Dual Fuel Engine Consumption Market Share by Regions
    • 5.2 North America
      • 5.2.1 North America Dual Fuel Engine Consumption by Application
      • 5.2.2 North America Dual Fuel Engine Consumption by Countries
      • 5.2.3 United States
      • 5.2.4 Canada
      • 5.2.5 Mexico
    • 5.3 Europe
      • 5.3.1 Europe Dual Fuel Engine Consumption by Application
      • 5.3.2 Europe Dual Fuel Engine Consumption by Countries
      • 5.3.3 Germany
      • 5.3.4 France
      • 5.3.5 UK
      • 5.3.6 Italy
      • 5.3.7 Russia
    • 5.4 Asia Pacific
      • 5.4.1 Asia Pacific Dual Fuel Engine Consumption by Application
      • 5.4.2 Asia Pacific Dual Fuel Engine Consumption by Countries
      • 5.4.3 China
      • 5.4.4 Japan
      • 5.4.5 South Korea
      • 5.4.6 India
      • 5.4.7 Australia
      • 5.4.8 Indonesia
      • 5.4.9 Thailand
      • 5.4.10 Malaysia
      • 5.4.11 Philippines
      • 5.4.12 Vietnam
    • 5.5 Central & South America
      • 5.5.1 Central & South America Dual Fuel Engine Consumption by Application
      • 5.5.2 Central & South America Dual Fuel Engine Consumption by Country
      • 5.5.3 Brazil
    • 5.6 Middle East and Africa
      • 5.6.1 Middle East and Africa Dual Fuel Engine Consumption by Application
      • 5.6.2 Middle East and Africa Dual Fuel Engine Consumption by Countries
      • 5.6.3 GCC Countries
      • 5.6.4 Egypt
      • 5.6.5 South Africa

    6 Market Size by Type

    • 6.1 Global Dual Fuel Engine Production by Type
    • 6.2 Global Dual Fuel Engine Revenue by Type
    • 6.3 Dual Fuel Engine Price by Type

    7 Market Size by Application

    • 7.1 Overview
    • 7.2 Global Dual Fuel Engine Breakdown Dada by Application
      • 7.2.1 Global Dual Fuel Engine Consumption by Application
      • 7.2.2 Global Dual Fuel Engine Consumption Market Share by Application (2014-2019)

    8 Manufacturers Profiles

    • 8.1 Wartsila
      • 8.1.1 Wartsila Company Details
      • 8.1.2 Company Overview
      • 8.1.3 Wartsila Dual Fuel Engine Production Revenue and Gross Margin (2014-2019)
      • 8.1.4 Wartsila Dual Fuel Engine Product Description
      • 8.1.5 Wartsila Recent Development
    • 8.2 Hyundai
      • 8.2.1 Hyundai Company Details
      • 8.2.2 Company Overview
      • 8.2.3 Hyundai Dual Fuel Engine Production Revenue and Gross Margin (2014-2019)
      • 8.2.4 Hyundai Dual Fuel Engine Product Description
      • 8.2.5 Hyundai Recent Development
    • 8.3 MAN
      • 8.3.1 MAN Company Details
      • 8.3.2 Company Overview
      • 8.3.3 MAN Dual Fuel Engine Production Revenue and Gross Margin (2014-2019)
      • 8.3.4 MAN Dual Fuel Engine Product Description
      • 8.3.5 MAN Recent Development

    9 Production Forecasts

    • 9.1 Dual Fuel Engine Production and Revenue Forecast
      • 9.1.1 Global Dual Fuel Engine Production Forecast 2019-2025
      • 9.1.2 Global Dual Fuel Engine Revenue Forecast 2019-2025
    • 9.2 Dual Fuel Engine Production and Revenue Forecast by Regions
      • 9.2.1 Global Dual Fuel Engine Revenue Forecast by Regions
      • 9.2.2 Global Dual Fuel Engine Production Forecast by Regions
    • 9.3 Dual Fuel Engine Key Producers Forecast
      • 9.3.1 United States
      • 9.3.2 Europe
      • 9.3.3 China
      • 9.3.4 Japan
    • 9.4 Forecast by Type
      • 9.4.1 Global Dual Fuel Engine Production Forecast by Type
      • 9.4.2 Global Dual Fuel Engine Revenue Forecast by Type

    10 Consumption Forecast

    • 10.1 Dual Fuel Engine Consumption Forecast by Application
    • 10.2 Dual Fuel Engine Consumption Forecast by Regions
    • 10.3 North America Market Consumption Forecast
      • 10.3.1 North America Dual Fuel Engine Consumption Forecast by Regions 2019-2025
      • 10.3.2 United States
      • 10.3.3 Canada
      • 10.3.4 Mexico
    • 10.4 Europe Market Consumption Forecast
      • 10.4.1 Europe Dual Fuel Engine Consumption Forecast by Regions 2019-2025
      • 10.4.2 Germany
      • 10.4.3 France
      • 10.4.4 UK
      • 10.4.5 Italy
      • 10.4.6 Russia
    • 10.5 Asia Pacific Market Consumption Forecast
      • 10.5.1 Asia Pacific Dual Fuel Engine Consumption Forecast by Regions 2019-2025
      • 10.5.2 China
      • 10.5.3 Japan
      • 10.5.4 South Korea
      • 10.5.5 India
      • 10.5.6 Australia
      • 10.5.7 Indonesia
      • 10.5.8 Thailand
      • 10.5.9 Malaysia
      • 10.5.10 Philippines
      • 10.5.11 Vietnam
    • 10.6 Central & South America Market Consumption Forecast
      • 10.6.1 Central & South America Dual Fuel Engine Consumption Forecast by Regions 2019-2025
      • 10.6.2 Brazil
    • 10.7 Middle East and Africa Market Consumption Forecast
      • 10.7.1 Middle East and Africa Dual Fuel Engine Consumption Forecast by Regions 2019-2025
      • 10.7.2 GCC Countries
      • 10.7.3 Egypt
      • 10.7.4 South Africa

    11 Value Chain and Sales Channels Analysis

    • 11.1 Value Chain Analysis
    • 11.2 Sales Channels Analysis
      • 11.2.1 Dual Fuel Engine Sales Channels
      • 11.2.2 Dual Fuel Engine Distributors
    • 11.3 Dual Fuel Engine Customers

    12 Market Opportunities & Challenges, Risks and Influences Factors Analysis

    • 12.1 Market Opportunities and Drivers
    • 12.2 Market Challenges
    • 12.3 Market Risks/Restraints

    13 Key Findings in the Global Dual Fuel Engine Study

      14 Appendix

      • 14.1 Research Methodology
        • 14.1.1 Methodology/Research Approach
          • 14.1.1.1 Research Programs/Design
          • 14.1.1.2 Market Size Estimation
          • 14.1.1.3 Market Breakdown and Data Triangulation
        • 14.1.2 Data Source
          • 14.1.2.1 Secondary Sources
          • 14.1.2.2 Primary Sources
      • 14.2 Author Details

      Dual fuel engines make use of both natural gas and diesel or gasoline simultaneously as a fuel source to operate. Among the two types of fuel, natural gas is used the most (accounting for 90% of the overall fuel mix). Diesel merely serves as a spark plug, which ignites under pressure and, in turn, ignites the compressed gas and air mixture. Retaining the use of diesel, ensures that the fuel, its compression ratio, and associated efficiency remains intact, while the use of natural gas ensures less operating cost as well as low levels of emissions.
      In the world wide, the plants of major manufactures mainly distribute in China and Korea, like Wartsila, has a number of plants around the world, particularly in China and Korea, taking a leading share in these areas.
      This industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more countries focus on marine ship especially in underdevelopment regions that have fast economic growth and potentially huge marine ship consumption, the need of Dual Fuel Engine will increase.
      The Dual Fuel Engine market was valued at 690 Million US$ in 2018 and is projected to reach 1430 Million US$ by 2025, at a CAGR of 9.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Dual Fuel Engine.

      This report presents the worldwide Dual Fuel Engine market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
      This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

      The following manufacturers are covered in this report:
      Wartsila
      Hyundai
      MAN

      Dual Fuel Engine Breakdown Data by Type
      Four-Stroke Dual Fuel Engine
      Two-Stroke Dual Fuel Engine
      Dual Fuel Engine Breakdown Data by Application
      Cargo Ship
      Cruise Ship
      Others

      Dual Fuel Engine Production by Region
      United States
      Europe
      China
      Japan
      Other Regions

      Dual Fuel Engine Consumption by Region
      North America
      United States
      Canada
      Mexico
      Asia-Pacific
      China
      India
      Japan
      South Korea
      Australia
      Indonesia
      Malaysia
      Philippines
      Thailand
      Vietnam
      Europe
      Germany
      France
      UK
      Italy
      Russia
      Rest of Europe
      Central & South America
      Brazil
      Rest of South America
      Middle East & Africa
      GCC Countries
      Turkey
      Egypt
      South Africa
      Rest of Middle East & Africa

      The study objectives are:
      To analyze and research the global Dual Fuel Engine status and future forecast,involving, production, revenue, consumption, historical and forecast.
      To present the key Dual Fuel Engine manufacturers, production, revenue, market share, and recent development.
      To split the breakdown data by regions, type, manufacturers and applications.
      To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
      To identify significant trends, drivers, influence factors in global and regions.
      To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

      In this study, the years considered to estimate the market size of Dual Fuel Engine :
      History Year: 2014 - 2018
      Base Year: 2018
      Estimated Year: 2019
      Forecast Year: 2019 - 2025

      This report includes the estimation of market size for value (million USD) and volume (MW). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Dual Fuel Engine market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

      For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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