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Backup Reciprocating Power Generating Engine Market Share

Report ID: GMI5999
Published Date: Jun 2023
Report Format: PDF

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Backup Reciprocating Power Generating Engine Market Share

Major players operating in the backup reciprocating power generating engine market includes

Wärtsilä
Rolls-Royce plc
General Electric
Kohler Co.
MITSUBISHI HEAVY INDUSTRIES
Kirloskar
HIMOINSA
Scania
Motorenfabrik Hatz GmbH & Co. KG
Atlas Copco AB
Clarke Energy
Yuchai International Imp & Exp (Beijing)
Yamaha Motor
CATERPILLAR ENERGY SOLUTIONS
AB Volvo Penta

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of backup reciprocating power generating engine was valued at USD 20.8 billion in 2023 and is poised to grow at over 4.2% CAGR from 2024 to 2032, driven by stringent environmental regulations to minimize carbon emissions globally.

The backup reciprocating power generating engine market size from the industrial application segment will garner over USD 11 billion in revenue by 2032 on account of rapid infrastructure development and industrialization in developing economies.

Asia Pacific market for backup reciprocating power generating engine was worth over USD 4 billion in 2022, attributed to ongoing refurbishment of power infrastructure coupled with rising electricity demand in the region.

Prominent backup reciprocating power generating engine industry players include MITSUBISHI HEAVY INDUSTRIES, HIMOINSA, Motorenfabrik Hatz GmbH & Co. KG, Clarke Energy, Yuchai International Imp & Exp (Beijing), Kirloskar, and Atlas Copco AB, among others.