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Mechanical Reciprocating Engine Market Share

Report ID: GMI10911
Published Date: Aug 2024
Report Format: PDF

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Mechanical Reciprocating Engine Market Share

Escorts Limited is one of the prominent engineering companies with a diversified portfolio that includes agriculture, construction, and railway equipment. The company has a rich legacy in manufacturing, with a significant focus on innovation and technology. It has been a key player in producing high-quality engines for various industrial applications particularly in agriculture and construction. These engines are known for their durability, efficiency, and adaptability to different working conditions making them suitable for powering a wide range of machinery. The company's commitment to sustainable practices and technological advancement has enabled it to remain a leader in the mechanical engineering sector contributing to the development of reliable and robust reciprocating engines.

Mechanical Reciprocating Engine Market Companies

The key industry players include:

AB Volvo Penta
Caterpillar Inc.
Cummins Inc.
Deutz AG
Doosan Corporation
Escorts Limited
Fairbanks Morse Engine
General Electric
J C Bamford Excavators
Kawasaki Heavy Industries
Kohler Co.
KUBOTA Corporation
Lister Petter
MAN Energy Solutions
Mitsubishi Heavy Industries
Motorenfabrik Hatz GmbH & Co. KG
Perkins Engines Company Limited
Rolls-Royce Power Systems AG (MTU)
Siemens Energy
Wärtsilä

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of mechanical reciprocating engine was worth over USD 1.79 billion in 2023 and will record an 8.3% CAGR through 2032, driven by the expansion of small and medium-scale industrial facilities and significant investments.

The mechanical reciprocating engine market from the > 2 MW - 3.5 MW segment is expected to surpass USD 650 million by 2032, boosted by growing power generation needs and substantial infrastructure investments.

Europe mechanical reciprocating engine market size will exceed USD 900 million by 2032, prompting a shift to greener, cost-effective engines and materials due to rising demand for luxury, comfort, and reliability.

AB Volvo Penta, Caterpillar Inc., Cummins Inc., Deutz AG, Doosan Corporation, Escorts Limited, Fairbanks Morse Engine, General Electric, J C Bamford Excavators, Kawasaki Heavy Industries, Kohler Co., KUBOTA Corporation, Lister Petter, MAN Energy Solutions, Mitsubishi Heavy Industries, Motorenfabrik Hatz GmbH & Co. KG, Perkins Engines Company Limited, Rolls-Royce Power Systems AG (MTU), Siemens Energy, and Wärtsilä.