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Reciprocating Power Generating Engine Market Share

Report ID: GMI3386
Published Date: Jul 2024
Report Format: PDF

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Reciprocating Power Generating Engine Market Share

Reciprocating Power Generating Engine Company Market Share Analysis, 2023

Wärtsilä develops & produces advanced technologies & solutions for marine, power engines, and O&G sectors. The company’s marine solutions include ship designs for special vessels, merchant vessels, fishing vessels, offshore vessels, and ferries. It offers turnkey solutions to its marine customers, which include the reduction of VOC, NOX, CO, SOX & oily wastewater treatment, and other water-related solutions. The O&G segment comprises both onshore & offshore solutions including storage & distribution, power generation, LNG infrastructure, and transport services.

Reciprocating Power Generating Engine Market Companies

The key industry players include:

Ashok Leyland
Briggs & Stratton
Caterpillar
Cummins
Deere & Company
Deutz AG
Enerflex
Escorts Limited
General Electric
Guascor Energy
Kawasaki Heavy Industries Ltd.
Kirloskar Oil Engines Limited
Kohler Engines
MAN Energy Solutions
Mitsubishi Heavy Industries, Ltd.
Rolls-Royce plc
Scania
TRITON DURO
Wartsila
YANMAR HOLDINGS CO., LTD.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of reciprocating power generating engine was reached USD 36.9 billion in 2023 and is projected to grow at 4.5% CAGR through 2032, owing to the rising utilization of cogeneration technology.

The gas fired segment in the reciprocating power generating engine market will exceed USD 12 billion by 2032, due to the increasing focus on unconventional gas resources in line with stringent emission codes and standards.

Asia Pacific reciprocating power generating engine market is set to surpass USD 15 billion by 2032, attributed to the stringent government initiatives including policies and schemes towards minimizing emission reductions.

Ashok Leyland, Briggs & Stratton, Caterpillar, Cummins, Deere & Company, Deutz AG, Enerflex, Escorts Limited, General Electric, Guascor Energy, and Kawasaki Heavy Industries Ltd. among others.