The global dual fuel (DF) engines market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for DF engines in various applications such as cargo ships and cruise ships. The DF engine is an engine that can run on either diesel or gas, which makes it more efficient than traditional engines that are only able to run on one type of fuel. This flexibility in fuel type allows the DF engine to be used in various applications and regions where diesel or gas may not be readily available.
- The Dual Fuel (DF) Engines market is expected to grow at a CAGR of 3.5% from 2017 to 2025.
- The Dual Fuel (DF) Engines market is driven by the increasing demand for fuel-efficient vehicles and the rising number of hybrid electric vehicles in the global automotive industry.
- The Dual Fuel (DF) Engines market is also driven by the increasing demand for diesel engines in emerging economies such as India and China due to their lower cost of production and higher efficiency than gasoline engines.
- Increasing government regulations on emissions are also driving the growth of this market as they mandate that all new cars sold after 2020 should be equipped with DF engines which will increase their production volume over time and drive up demand for DF engine components such as fuel injectors, turbochargers, etc, which will further boost this market’s growth prospects over time 5.The high cost associated with these engines has been a major factor restraining its growth potential but it is expected that technological advancements in this field will help reduce costs over time.
Industry Growth Insights published a new data on “Dual Fuel (DF) Engines Market”. The research report is titled “Dual Fuel (DF) Engines Market research by Types (Four-Stroke Dual Fuel Engine, Two-Stroke Dual Fuel Engine), By Applications (Cargo Ship, Cruise Ship, Others), By Players/Companies Wartsila, Hyundai, MAN, ...”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dual Fuel (DF) Engines Market Research Report
By Type
Four-Stroke Dual Fuel Engine, Two-Stroke Dual Fuel Engine
By Application
Cargo Ship, Cruise Ship, Others
By Companies
Wartsila, Hyundai, MAN, ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Dual Fuel (DF) Engines Market Report Segments:
The global Dual Fuel (DF) Engines market is segmented on the basis of:
Types
Four-Stroke Dual Fuel Engine, Two-Stroke Dual Fuel Engine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cargo Ship, Cruise Ship, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wartsila
- Hyundai
- MAN
- ...
Highlights of The Dual Fuel (DF) Engines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Four-Stroke Dual Fuel Engine
- Two-Stroke Dual Fuel Engine
- By Application:
- Cargo Ship
- Cruise Ship
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dual Fuel (DF) Engines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dual Fuel (DF) engines are those that can run on both gasoline and diesel fuel. This is an important feature for commercial vehicles, as it allows them to more easily switch between fuels when necessary.
Some of the key players operating in the dual fuel (df) engines market are Wartsila, Hyundai, MAN.
The dual fuel (df) engines market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dual Fuel (DF) Engines Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Dual Fuel (DF) Engines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dual Fuel (DF) Engines Market - Supply Chain
4.5. Global Dual Fuel (DF) Engines Market Forecast
4.5.1. Dual Fuel (DF) Engines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dual Fuel (DF) Engines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Dual Fuel (DF) Engines Market Absolute $ Opportunity
5. Global Dual Fuel (DF) Engines Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Dual Fuel (DF) Engines Market Size and Volume Forecast by Type
5.3.1. Four-Stroke Dual Fuel Engine
5.3.2. Two-Stroke Dual Fuel Engine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Dual Fuel (DF) Engines Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Dual Fuel (DF) Engines Market Size and Volume Forecast by Application
6.3.1. Cargo Ship
6.3.2. Cruise Ship
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Dual Fuel (DF) Engines Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Dual Fuel (DF) Engines Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Dual Fuel (DF) Engines Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Dual Fuel (DF) Engines Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Dual Fuel (DF) Engines Demand Share Forecast, 2019-2029
9. North America Dual Fuel (DF) Engines Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Dual Fuel (DF) Engines Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Dual Fuel (DF) Engines Market Size and Volume Forecast by Application
9.4.1. Cargo Ship
9.4.2. Cruise Ship
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Dual Fuel (DF) Engines Market Size and Volume Forecast by Type
9.7.1. Four-Stroke Dual Fuel Engine
9.7.2. Two-Stroke Dual Fuel Engine
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Dual Fuel (DF) Engines Demand Share Forecast, 2019-2029
10. Latin America Dual Fuel (DF) Engines Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Dual Fuel (DF) Engines Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Dual Fuel (DF) Engines Market Size and Volume Forecast by Application
10.4.1. Cargo Ship
10.4.2. Cruise Ship
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Dual Fuel (DF) Engines Market Size and Volume Forecast by Type
10.7.1. Four-Stroke Dual Fuel Engine
10.7.2. Two-Stroke Dual Fuel Engine
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Dual Fuel (DF) Engines Demand Share Forecast, 2019-2029
11. Europe Dual Fuel (DF) Engines Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Dual Fuel (DF) Engines Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Dual Fuel (DF) Engines Market Size and Volume Forecast by Application
11.4.1. Cargo Ship
11.4.2. Cruise Ship
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Dual Fuel (DF) Engines Market Size and Volume Forecast by Type
11.7.1. Four-Stroke Dual Fuel Engine
11.7.2. Two-Stroke Dual Fuel Engine
11.8. Basis Point Share (BPS) Analysis b Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Dual Fuel (DF) Engines Demand Share, 2019-2029
12. Asia Pacific Dual Fuel (DF) Engines Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Dual Fuel (DF) Engines Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Dual Fuel (DF) Engines Market Size and Volume Forecast by Application
12.4.1. Cargo Ship
12.4.2. Cruise Ship
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Dual Fuel (DF) Engines Market Size and Volume Forecast by Type
12.7.1. Four-Stroke Dual Fuel Engine
12.7.2. Two-Stroke Dual Fuel Engine
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Dual Fuel (DF) Engines Demand Share, 2019-2029
13. Middle East & Africa Dual Fuel (DF) Engines Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Dual Fuel (DF) Engines Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Dual Fuel (DF) Engines Market Size and Volume Forecast by Application
13.4.1. Cargo Ship
13.4.2. Cruise Ship
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Dual Fuel (DF) Engines Market Size and Volume Forecast by Type
13.7.1. Four-Stroke Dual Fuel Engine
13.7.2. Two-Stroke Dual Fuel Engine
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Dual Fuel (DF) Engines Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Dual Fuel (DF) Engines Market: Market Share Analysis
14.2. Dual Fuel (DF) Engines Distributors and Customers
14.3. Dual Fuel (DF) Engines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wartsila
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hyundai
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. MAN
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ...
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook