Global Reciprocating Engines Market Growth 2023-2029
A reciprocating engine, also often known as a piston engine, is typically a heat engine (although there are also pneumatic and hydraulic reciprocating engines) that uses one or more reciprocating pistons to convert pressure into a rotating motion.
LPI (LP Information)' newest research report, the “Reciprocating Engines Industry Forecast” looks at past sales and reviews total world Reciprocating Engines sales in 2022, providing a comprehensive analysis by region and market sector of projected Reciprocating Engines sales for 2023 through 2029. With Reciprocating Engines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Reciprocating Engines industry.
This Insight Report provides a comprehensive analysis of the global Reciprocating Engines landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Reciprocating Engines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Reciprocating Engines market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Reciprocating Engines and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Reciprocating Engines.
The global Reciprocating Engines market size is projected to grow from US$ 283610 million in 2022 to US$ 346560 million in 2029; it is expected to grow at a CAGR of 346560 from 2023 to 2029.
Global core reciprocating engines manufacturers include Volkswagen AG, Toyota Motor Corporation, Honda etc.The top 5 companies hold a share about 35%.Asia-Pacific is the largest market, with a share about 65%, followed by Europe and North America with the share about 16% and 14%.In terms of product, 100-300 KW is the largest segment, with a share about 65%. And in terms of application, the largest application is transportation.
This report presents a comprehensive overview, market shares, and growth opportunities of Reciprocating Engines market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Below 100 KW
100-300 KW
Above 300 KW
Segmentation by application
Transportation
Energy
Oil & Gas
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Volkswagen AG
Toyota Motor Corporation
Honda
Renault
General Motors
Daimler
Stellantis
Hyundai Motor Company
BMW
Cummins
Weichai
Yanmar
Caterpillar
VOLVO
Yamaha
Kubota
Mitsubishi Heavy Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Reciprocating Engines market?
What factors are driving Reciprocating Engines market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Reciprocating Engines market opportunities vary by end market size?
How does Reciprocating Engines break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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