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Marine Reciprocating Engine Market Share

Report ID: GMI9799
Published Date: Jun 2024
Report Format: PDF

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Marine Reciprocating Engine Market Share

Marine Reciprocating Engine Company Market Share Analysis, 2023

DEUTZ AG is one of the prominent German manufacturers specializes in the production of high-performance reciprocating engines. The company is recognized for its innovative and reliable engine solutions, serving a diverse range of industries including agriculture, construction, automotive, and power generation. Its product portfolio encompasses diesel, gas, and hybrid engines, designed to meet stringent emission standards and enhance fuel efficiency. DEUTZ engines are known for their robust performance, durability, and adaptability to various applications. Through continuous research and development, the company remains at the forefront of engine technology, committed to sustainability and advancing the capabilities of reciprocating engines globally.

Marine Reciprocating Engine Market Companies

The key industry players include:

AB Volvo
Anglo Belgian Corporation
Caterpillar
Cummins, Inc.
Daihatsu Diesel Mfg. Co., Ltd.
Deere & Company
DEUTZ AG
HYUNDAI HEAVY INDUSTRIES CO., LTD.
IHI Corporation
Kawasaki Heavy Industries Ltd.
MAN Energy Solutions
Mercury Marine
Mitsubishi Heavy Industries, Ltd.
Rolls-Royce plc
Scania
Siemens Energy
STX HEAVY INDUSTRIES CO., LTD
Wartsila
Yanmar HOLDINGS CO., LTD.
Yuchai International Imp & Exp (Beijing) Co., Ltd.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of marine reciprocating engine was reached USD 24.1 billion in 2023 and is anticipated to register 5.8% CAGR between 2024 and 2032, driven by increasing maritime tourism and ongoing technological advancement in marine engines.

The diesel fired segment in the marine reciprocating engine market is expected to witness 5% CAGR through 2032 propelled by their widespread adoption in maritime vessels for propulsion and auxiliary power generation.

Asia Pacific marine reciprocating engine market size is expected to reach USD 18 billion by 2032 due to the rapid infrastructural development and increasing popularity of maritime tourism.

Anglo Belgian Corporation, Caterpillar, Cummins, Inc., Daihatsu Diesel Mfg. Co., Ltd., Deere & Company, DEUTZ AG, HYUNDAI HEAVY INDUSTRIES CO., LTD., IHI Corporation, Kawasaki Heavy Industries Ltd. and MAN Energy Solutions, among others.