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Reciprocating Engine Market Share

Report ID: GMI4890
Published Date: Jul 2024
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 Questions (FAQ) :

Reciprocating engine industry size was worth USD 70.5 billion in 2023 and will register 5% CAGR between 2024 and 2032 due to growing adoption of reciprocating engines in marine and transportation industries, coupled with the need for backup power systems in residential areas.

The gas powered market will surpass USD 25 billion by 2032, driven by their cost-effective operation and compliance with stringent environmental regulations along with their high efficiency and lower emissions.

Asia Pacific reciprocating engine industry will exceed USD 35 billion by 2032, attributed to the growing demand for reliable power solutions in manufacturing, construction, and transportation sectors and the expansion of marine and mining activities.

AB Volvo Penta, Briggs & Stratton, Caterpillar, Cummins, General Electric, Honda Motor Co., Ltd., IHI Corporation, Kawasaki Heavy Industries, Ltd., Kohler Co., Perkins Engines Company Limited, Rolls-Royce plc, and Yamaha Motor Co., Ltd.