How much is the U.S. reciprocating engine market worth in 2024?

The U.S. reciprocating engine market was worth over 9.7 billion in 2024.

Who are the key players in reciprocating engine market?

Some of the major players in the reciprocating engine industry include Briggs & Stratton, Caterpillar, Cummins, General Electric, Guascor Energy, Honda Motor, IHI Corporation, J C Bamford Excavators, Kawasaki Heavy Industries, KUBOTA Corporation, Lister Petter, MAN Energy Solutions, MITSUBISHI HEAVY INDUSTRIES.

How big is the reciprocating engine market?

The reciprocating engine market was valued at USD 74.3 billion in 2024 and is expected to reach around 119.8 billion by 2034, growing at 4.8% CAGR through 2034.

What is the size of diesel fuel segment in the reciprocating engine industry?

The diesel fuel segment generated over 45 billion in 2024.

Reciprocating Engine Market Share

Report ID: GMI4890

Published Date: April 2025

Report Format: PDF

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Reciprocating Engine Market Share

Reciprocating Engine Market Company Share Analysis, 2023

IHI Corporation is one the prominent Japanese company renowned for its expertise in various engineering fields including reciprocating engines. The company offers innovative solutions across industries including aerospace, energy, and industrial machinery. In the realm of reciprocating engines, IHI's contributions span advanced design, manufacturing, and maintenance services tailored to meet diverse operational needs. Its engines are characterized by efficiency, reliability, and environmental sustainability, reflecting IHI's commitment to technological excellence and customer satisfaction. Through continuous research and development, the company continues to pioneer advancements in reciprocating engine technology, ensuring they remain at the forefront of the industry worldwide.

Reciprocating Engine Market Companies

The key industry players include:

AB Volvo Penta
Briggs & Stratton
Caterpillar
Cummins
General Electric
Guascor Energy
Honda Motor Co., Ltd.
IHI Corporation
J C Bamford Excavators Ltd.
Kawasaki Heavy Industries, Ltd.
Kohler Co.
KUBOTA Corporation
Lister Petter
MAN Energy Solutions
MITSUBISHI HEAVY INDUSTRIES
Motorenfabrik Hatz GmbH & Co. KG
Perkins Engines Company Limited
Rolls-Royce plc
Wärtsilä
Yamaha Motor Co., Ltd.
Yanmar HOLDINGS CO., Ltd.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Question(FAQ) :

How much is the U.S. reciprocating engine market worth in 2024?: The U.S. reciprocating engine market was worth over 9.7 billion in 2024.
Who are the key players in reciprocating engine market?: Some of the major players in the reciprocating engine industry include Briggs & Stratton, Caterpillar, Cummins, General Electric, Guascor Energy, Honda Motor, IHI Corporation, J C Bamford Excavators, Kawasaki Heavy Industries, KUBOTA Corporation, Lister Petter, MAN Energy Solutions, MITSUBISHI HEAVY INDUSTRIES.
How big is the reciprocating engine market?: The reciprocating engine market was valued at USD 74.3 billion in 2024 and is expected to reach around 119.8 billion by 2034, growing at 4.8% CAGR through 2034.
What is the size of diesel fuel segment in the reciprocating engine industry?: The diesel fuel segment generated over 45 billion in 2024.

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Authors: Ankit Gupta, Shubham Chaudhary

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Base Year: 2024

Companies covered: 20

Tables & Figures: 50

Countries covered: 29

Pages: 160

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Reciprocating Engine Market Share

Reciprocating Engine Market Share

Reciprocating Engine Market Companies

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