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Asia Pacific Backup Reciprocating Power Generating Engine Market Size

Report ID: GMI12903 Published Date: December 2024Report Format: PDF
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Asia Pacific Backup Reciprocating Power Generating Engine Market Size

The Asia Pacific backup reciprocating power generating engine market was valued at USD 6.4 billion in 2024 and is estimated to grow at a CAGR of 4.3% from 2025 to 2034. The increasing frequency and severity of power outages caused by hurricanes, storms, heatwaves and extended blackouts will foster the business potential. The industry is set to benefit from increased investments in power generation capacity expansion coupled with rapid urbanization. For instance, China saw over 10% annual growth rate in its installed capacity last year.

 

Asia Pacific Backup Reciprocating Power Generating Engine Market

Backup reciprocating power generating engines provide a dependable source of emergency electricity during primary power supply disruptions. These engines convert fuel into mechanical energy via a reciprocating motion which is then transformed into electrical energy through a generator. The essential components are the combustion chamber, piston, connecting rod, and crankshaft collaborate seamlessly to deliver efficient power generation supporting the industry's expansion. Additionally, stringent government regulations aimed at reducing emissions and promoting energy efficiency are encouraging the adoption of advanced and low-emission engines.

Author: Ankit Gupta, Shubham Chaudhary
Frequently Asked Question(FAQ) :

How big is the Asia Pacific backup reciprocating power generating engine market?+

The Asia Pacific backup reciprocating power generating engine industry was valued at USD 6.4 billion in 2024 and is projected to grow at a 4.3% CAGR from 2025 to 2034, driven by increasing power outages and investments in power generation capacity expansion.

What is the size of the > 1 MW - 2 MW rated backup reciprocating power generating engine market?+

The > 1 MW - 2 MW rated segment is expected to exceed USD 3 billion by 2034, fueled by the adoption of natural gas and dual-fuel engines and advancements in engine efficiency and durability.

How much is the China backup reciprocating power generating engine market worth?+

The China backup reciprocating power generating engine market is set to surpass USD 2 billion by 2034, supported by government incentives promoting energy resilience and sustainability, along with rising demand for distributed power generation.

Who are some of the prominent players in the Asia Pacific backup reciprocating power generating engine industry?+

Major players in the market include Ashok Leyland, CATERPILLAR ENERGY SOLUTIONS, Cummins, Deutz, Doosan Engine, General Electric, HIMOINSA, Hyundai Heavy Industries, Kirloskar, Mitsubishi Heavy Industries, Perkin Engines, Rehlko, and Rolls Royce.

Asia Pacific Backup Reciprocating Power Generating Engine Market Scope

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