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Asia Pacific Reciprocating Engine Market Share

Report ID: GMI8734
Published Date: Mar 2024
Report Format: PDF

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Asia Pacific Reciprocating Engine Market Share

China Reciprocating Engine Company Market Share Analysis, 2023

Yanmar Co. is a company renowned for its expertise in manufacturing diesel engines, agricultural machinery, construction equipment, and marine propulsion systems. The company offers a diverse range of reciprocating engines tailored to different applications. It is known for its commitment to innovation and technology advancement in the field of engine design and manufacturing.

Asia Pacific Reciprocating Engine Market Companies

Major players operating in the Asia Pacific reciprocating engine industry include:

AB Volvo Penta
Briggs & Stratton
Caterpillar
Cummins, Inc.
General Electric
Honda Motor Co., Ltd.
Hyundai Heavy Industries Co., Ltd.
IHI Corporation
Kawasaki Heavy Industries Ltd.
Kohler Co.
KUBOTA Corporation
MAN Energy Solutions
Mitsubishi Heavy Industries, Ltd.
Perkins Engines Company Limited
Rolls-Royce plc
Wartsila
Yamaha Motor Co., Ltd.
Yanmar Co., Ltd.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of Asia Pacific reciprocating engine was reached USD 24.7 billion in 2023 and is estimated to witness 5.2% CAGR from 2024 to 2032, due to the surging demand for power generation coupled with increased investments in infrastructure development.

Asia Pacific diesel reciprocating engine market will exceed USD 26 billion by 2032, led by the increasing inclination toward energy security coupled with technological advancements in alternative propulsion systems.

China reciprocating engine market is set to surpass USD 11 billion by 2032, driven by increasing urbanization rate along with continuous expansion of industrial infrastructure.

Some of the reciprocating engine firms in Asia Pacific are AB Volvo Penta, Briggs & Stratton, Caterpillar, Cummins, Inc., General Electric, Honda Motor Co., Ltd., and Hyundai Heavy Industries Co., Ltd.