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Europe Backup Reciprocating Power Generating Engine Market Share

Report ID: GMI9875
Published Date: Jun 2024
Report Format: PDF

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Europe Backup Reciprocating Power Generating Engine Market Share

Europe Backup Reciprocating Power Generating Engine Company Market Share Analysis, 2023

Kirloskar is one of the renowned conglomerates with a long-standing legacy in engineering and manufacturing, particularly known for its high-quality reciprocating engines. These engines are pivotal across various sectors, including agriculture, industrial applications, and power generation. The company’s reciprocating engines are celebrated for their robust design, efficiency, and reliability, making them a preferred choice in both domestic and international markets. Its commitment to innovation and sustainability is reflected in its continuous enhancement of engine performance, emissions reduction and adherence to global standards.

Europe Backup Reciprocating Power Generating Engine Market Companies

The key industry players include:

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

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

Europe backup reciprocating power generating engine market size exceeded USD 4.2 billion in 2023 and is expected to register 4.3% CAGR from 2024 to 2032, owing to the increasing emphasis on renewable power generation, driven by stricter environmental regulations aimed at reducing carbon emissions.

Europe backup reciprocating power generating engine industry from the gas-fired segment is expected to exceed USD 1.4 billion by 2032, due to increasing consumer focus on emergency preparedness solutions across various end-user sectors.

Germany backup reciprocating power generating engine industry is expected to surpass USD 1.2 billion by 2032, due to the shift toward cleaner and low-emission engines integrated with renewable energy sources in the country.

Caterpillar, HIMOINSA, Kirloskar, Kohler Co., MITSUBISHI HEAVY INDUSTRIES, Motorenfabrik Hatz GmbH & Co. KG, Rolls-Royce plc, Scania, Wärtsilä, Yamaha Motor, and Yuchai International Imp & Exp (Beijing), are some of the major backup reciprocating power generating engine companies in Europe.