Lewes, DE -- (SBWIRE) -- 07/16/2018 -- The worldwide market for Dual Fuel Engine is expected to grow at a CAGR of roughly 9.5% over the next five years, will reach 1190 million US$ in 2023, from 690 million US$ in 2017, according to a new study.

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.

Scope of the Report:
This report focuses on the Dual Fuel Engine in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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 worldwide market for Dual Fuel Engine is expected to grow at a CAGR of roughly 9.5% over the next five years, will reach 1190 million US$ in 2023, from 690 million US$ in 2017, according to a new study.

Market Segment by Manufacturers, this report covers
Wartsila
Hyundai
MAN

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Four-Stroke Dual Fuel Engine
Two-Stroke Dual Fuel Engine

Market Segment by Applications, can be divided into
Cargo Ship
Cruise Ship
Others

There are 15 Chapters to deeply display the global Dual Fuel Engine market.
Chapter 1, to describe Dual Fuel Engine Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Dual Fuel Engine, with sales, revenue, and price of Dual Fuel Engine, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Dual Fuel Engine, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Dual Fuel Engine market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Dual Fuel Engine sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

Spanning over 115 pages "Forecast of Global Dual Fuel Engine Market 2023" report covers Market Overview, Manufacturers Profiles, Global Dual Fuel Engine Market Competition, by Manufacturer, Global Dual Fuel Engine Market Analysis by Regions, North America Dual Fuel Engine by Countries, Type, Application and Manufacturers, Europe Dual Fuel Engine by Countries, Type, Application and Manufacturers, Asia-Pacific Dual Fuel Engine by Countries, Type, Application and Manufacturers, South America Dual Fuel Engine by Countries, Type, Application and Manufacturers, Middle East and Africa Dual Fuel Engine by Countries, Type, Application and Manufacturers, Global Dual Fuel Engine Market Segment by Type, Global Dual Fuel Engine Market Segment by Application, Dual Fuel Engine Market Forecast (2018-2023), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.

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