Official Press Release by The Insight Partners

North America Gas Engine Market is expected to reach US$ 2,122.2 Million by 2034

Published: July 13, 2026
Industry: Energy and Power
Authored By: Nivedita Upadhyay
  • The North America Gas Engine Market is projected to grow from US$ 1,255.3 Mn in 2025 to US$ 2,122.2 Mn by 2034, at a CAGR of 6.0%
  • Key growth factors include Rising Prevalence of Venous and Lymphatic Disorders Driving Therapy Adoption , Increasing Technological Advancements and New Product Innovations , and Aging Populations and Increasing Chronic Disease , strengthening adoption across multiple end-use sectors.
  • The market is witnessing a shift toward Digital Health & Remote Monitoring Integration with Compression Therapy and Smart & Wearable Compression Devices with Patient Centered Innovation , while Government Driven Coverage & Reimbursement Expansion is creating new opportunities for industry participants.

Base Value (2025)

US$ 1,255.3 Mn

Projected (2034)

US$ 2,122.2 Mn

CAGR (2026-2034)

6.0%

According to The Insight Partners' research, the North America Gas Engine Market was valued at US$ 1,255.3 Million in 2025 and is expected to reach US$ 2,122.2 Million by 2034, registering a CAGR of 6.0% from 2026 to 2034.

Modular and hydrogen-ready gas engine power plants and increasing deployment of microgrid and distributed energy systems are among the critical factors attributed to driving the North America gas engine market growth.

Modular systems allow operators to scale generation capacity while minimizing deployment time and costs. They are valuable for integrating variable renewable energy sources, such as wind and solar, by compensating for intermittency and ensuring a consistent electricity supply during periods of low renewable output.

The power plants can function as primary generation and backup solutions, bridging gaps during periods of low wind or solar availability, which can last from 10 hours to several weeks. They can act as temporary bridging power until connection to the main grid or alternative sources, such as nuclear energy, is available, after which the units switch to backup operation.

This combination of modularity, rapid deployment, and hydrogen readiness demonstrates how gas engines are evolving to meet future energy demands, providing flexible and low-carbon solutions to support grid stability and the energy transition.

On the contrary, the rapid expansion of renewable energy sources hampers the growth of the North America gas engine market.

North America Gas Engine Market Segmentation Analysis:

  • By Fuel Type, the North America Gas Engine Market is segmented into Natural Gas and Special Gas. The Natural Gas segment is projected to expand at a CAGR of 6.2% during 2026 - 2034.
  • By Power Output, the North America Gas Engine Market is segmented into 100-300 KW, 300-500 KW, 0.5-1 MW, 1-2 MW, 2-5 MW, 5-10 MW, and 10-15 MW. The 5-10 MW segment is projected to expand at a CAGR of 7.4% during 2026 - 2034.
  • By End User, the North America Gas Engine Market is segmented into Remote, Mid-Stream Oil and Gas, Heavy Industries, Light Manufacturing, Utilities, Biogas, Datacenters, MUSH, and Commercial. The Heavy Industries segment is projected to expand at a CAGR of 6.0% during 2026 - 2034.
  • By Remote - End User, the North America Gas Engine Market is segmented into Mining, Drilling, and Others. The Mining segment is projected to expand at a CAGR of 5.4% during 2026 - 2034.
  • By Heavy Industries - End User, the North America Gas Engine Market is segmented into Chemicals, Paper, Metals, Food and Beverages, and Others. The Food and Beverages segment is projected to expand at a CAGR of 6.4% during 2026 - 2034.
  • By Utilities - End User, the North America Gas Engine Market is segmented into Grid, IPP, and Others. The Grid segment is projected to expand at a CAGR of 6.3% during 2026 - 2034.

By country, the North America Gas Engine Market is categorized into the US, Canada, and Mexico. The US is projected to expand at a CAGR of 6.5% during 2026 - 2034.

Key players operating in the Gas Engine Market are Rolls-Royce Holdings Plc, Cummins Inc, Caterpillar Inc, Liebherr, Mitsubishi Heavy Industries Ltd, IHI Corp, Wartsila Corp, Kawasaki Heavy Industries Ltd, INNIO, Fairbanks Morse, LLC, R Schmitt Enertec GmbH, 2G ENERGY AG, Everllence, Ningbo C.S.I. Power & Machinery Group Co., Ltd., and Guascor Energy S.A.U,. among others.

  • In February 2026, Cummins Inc. (NYSE: CMI) continues to advance natural gas technology for hydraulic fracturing applications as the HSK78G engine demonstrates its proven capability in the field. The development, announced in 2025, is the defining engine within Cummins SPP™ portfolio, a range of Spark-Ignited Pumping Power solutions, establishing the performance, efficiency, and integration benchmarks that will guide future offerings tailored for well-servicing applications. Designed to deliver a high-power density with industry-leading fuel efficiency and a compact footprint, the 12-cylinder, 78-litre HSK78G delivers up to 3,000 brake horsepower. The final development of this solution continues with Liberty Energy Inc., most recently through extensive testing activities.