The latest report on Dual Fuel Engine Market by Infinium Global Research gives complete coverage of the dual fuel engine market by end-user (power generation, marine, automobiles) in terms of key trends, market size, forecast and CAGR growth over the period of 2023 to 2030. In addition, the study covers deep dive into key product and applications trends in the regional markets of dual fuel engine such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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Diesel emissions contribute to a large amount of air pollution throughout the globe. Combustion of diesel consequences inside the emission of dangerous pollutants such as carbon monoxide, nitrogen oxides, hydrocarbons, and many others. This, in, turns, led the adoption of latest technologies which include dual gasoline engine to make sure that their merchandise has the high-performance degree even as assembly the stringent emission norms.
Moreover, stringent law via several authorities’ bodies including European Industrial Emissions Directive and the U.S. Environmental Protection Agency regarding the reduction of dangerous pollutants within the North America and Europe vicinity is likely to have a fantastic effect on the increase of dual gas engine marketplace over the forecast length. Additionally, growing recognition about more efficient and reliable marine propulsion is augmenting the marketplace boom. On the alternative hand, some of manufacturers at the moment are developing twin gasoline engines is offering fruitful opportunities for the boom of the market in the near destiny.
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Key Market Players:
- Yanmar Co., Ltd.
- Woodward, Inc.
- Hyundai Motor Company
- HEINZMANN GmbH & Co
- ABC Diesel
- Wärtsilä Oyj Abp
- MAN, Energy Solutions
- Kubota Corporation
- Cummins
- Caterpillar Inc.
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Among the geographies, Asia-Pacific is dominating the worldwide twin gasoline engine marketplace over the forecast period. The increase of this vicinity is attributed because of the significant presence of distinguished stop-consumer industries. Additionally, the growing demand to reduce engine emissions in recent years has brought about an interest in dual gas engine marketplace in the Asia-Pacific region. Currently, there are businesses inside the nations including Italy, the UK, and Canada, are imparting a variety of dual fuel engines is probable to reinforce the increase of Europe dual fuel engine market over the forecast period.
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