NEW YORK, Aug. 2, 2016 /PRNewswire/ -- About Dual Fuel Engine
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.
Technavio's analysts forecast the global dual fuel engine market to grow at a CAGR of 6.5% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global dual fuel engine market for 2016-2020. To calculate the market size, the report considers the demand for dual fuel engines from end-user industries across the globe.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Technavio's report, Global Dual Fuel Engine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Caterpillar
- Cummins
- Kubota
- MAN Diesel & Turbo
- Wärtsilä
Other prominent vendors
- ABC Diesel
- Heinzmann
- Hyundai
- Rolls Royce
- Westport
- Woodward
- Yanmar
Market driver
- Stringent emission regulations: NOx reduction
- For a full, detailed list, view our report
Market challenge
- Diesel engine technology gaining momentum with technological advances
- For a full, detailed list, view our report
Market trend
- Increased OEM collaboration to study dual fuel engine technology for automobiles
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: http://www.reportlinker.com/p04016596-summary/view-report.html
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