South America Gas Engine Market By Fuel type Forecast (2017-2025)

Year ARGENTINA BRAZIL REST OF SOUTH AMERICA
2017 $ 62.5 $ 138.7 $ 87.0
2018 $ 64.6 $ 144.3 $ 90.4
2019 $ 66.8 $ 150.1 $ 93.9
2020 $ 69.2 $ 156.6 $ 97.8
2021 $ 71.9 $ 163.6 $ 102.0
2022 $ 74.7 $ 171.1 $ 106.5
2023 $ 78.0 $ 179.7 $ 111.6
2024 $ 81.4 $ 188.7 $ 117.1
2025 $ 85.0 $ 198.3 $ 122.8
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South America Gas Engine Market By Fuel type Forecast (2017-2025)

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

Market Dynamics

brazil accounted for the largest market share in 2018 in the south america gas engine market, and is expected to reach usd 198.30 million in 2025 from usd 144.30 million in 2018.this market is projected to grow at a cagr of 4.75% during the forecast period from 2019 - 2025. utilities segment accounted for the largest market share in 2018, this market is expected to reach usd 193.10 million in 2025 from usd 138.50 million in 2018. this market is projected to grow at a cagr of 5.00% during the forecast period from 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. natural gas segment accounted for the largest market share in 2018, this market is expected to reach usd 281.20 million in 2025 from usd 206.80 million in 2018. this market is projected to grow at a cagr of 4.58% 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 4.75% during the forecast period 2019 - 2025. up to 1000 hp segment accounted for the largest market share in 2018, this market is expected to reach usd 162.20 million in 2025 from usd 111.80 million in 2018. this market is projected to grow at a cagr of 5.55% 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 5.55% during the forecast period 2019 - 2025. power generation segment accounted for the largest market share in 2018, this market is expected to reach usd 171.00 million in 2025 from usd 124.50 million in 2018. this market is projected to grow at a cagr of 4.74% during the forecast period from 2019 - 2025. however, cogeneration segment is the fastest growing market, which is expected to grow at a cagr of 5.25% during the forecast period 2019 - 2025.

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