North America Gas Engine Market Forecast (2017-2025)

Year UNITED STATES CANADA MEXICO
2017 $ 512.0 $ 203.0 $ 120.2
2018 $ 542.2 $ 213.3 $ 125.9
2019 $ 574.4 $ 224.2 $ 131.9
2020 $ 609.8 $ 236.2 $ 138.4
2021 $ 648.6 $ 249.3 $ 145.6
2022 $ 690.4 $ 263.3 $ 153.3
2023 $ 738.2 $ 279.4 $ 162.2
2024 $ 789.4 $ 296.5 $ 171.5
2025 $ 844.2 $ 314.7 $ 181.5
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North America Gas Engine Market Forecast (2017-2025)

Synopsis
The above chart is Global Gas Engine market [2017-2025] by North America

Market Dynamics

united states accounted for the largest market share in 2018 in the north america gas engine market, and is expected to reach usd 844.20 million in 2025 from usd 542.20 million in 2018.this market is projected to grow at a cagr of 6.63% during the forecast period from 2019 - 2025. 1000 hp 2000 hp segment accounted for the largest market share in 2018, this market is expected to reach usd 485.40 million in 2025 from usd 330.60 million in 2018. this market is projected to grow at a cagr of 5.73% during the forecast period from 2019 - 2025. however, up to 1000 hp segment is the fastest growing market, which is expected to grow at a cagr of 7.71% during the forecast period 2019 - 2025. power generation segment accounted for the largest market share in 2018, this market is expected to reach usd 558.40 million in 2025 from usd 362.80 million in 2018. this market is projected to grow at a cagr of 6.47% during the forecast period from 2019 - 2025. however, cogeneration segment is the fastest growing market, which is expected to grow at a cagr of 6.99% during the forecast period 2019 - 2025. up to 1 mw segment accounted for the largest market share in 2018, this market is expected to reach usd 0.00 million in 2025 from usd 0.00 million in 2018. this market is projected to grow at a cagr of nan% during the forecast period from 2019 - 2025. however, segment is the fastest growing market, which is expected to grow at a cagr of -1.00% during the forecast period 2019 - 2025. utilities segment accounted for the largest market share in 2018, this market is expected to reach usd 617.50 million in 2025 from usd 395.10 million in 2018. this market is projected to grow at a cagr of 6.73% during the forecast period from 2019 - 2025. natural gas segment accounted for the largest market share in 2018, this market is expected to reach usd 861.00 million in 2025 from usd 564.80 million in 2018. this market is projected to grow at a cagr of 6.31% during the forecast period from 2019 - 2025. however, special gas segment is the fastest growing market, which is expected to grow at a cagr of 6.57% during the forecast period 2019 - 2025.

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