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Industrial Engine Market Share

  • Report ID: GMI11031
  • Published Date: Aug 2024
  • Report Format: PDF

Industrial Engine Market Share

With several key players competing for market share. Companies such as Caterpillar, Cummins Inc., Deere & Company, Detroit Diesel Corporation, and Kawasaki Heavy Industries, Ltd.  were among the prominent players in this market. They are expected to hold a market share of around 10% in 2023 in the global market. There are large number of players operating in the market. However, consumers are more inclined towards branded and high-quality products across the world.
 

Industrial Engine Market Share

Some of the key players profiled in the industrial engine industry report include:

  • Caterpillar
  • Cummins Inc.
  • Deere & Company
  • Detroit Diesel Corporation
  • HDHyundai Heavy Industries Engine & Machinery
  • Honda Motor Co., Inc.
  • Jeemar Power Co.,Ltd 
  • Kawasaki Heavy Industries, Ltd. 
  • Kirloskar
  • Kohler 
  • KUBOTA Corporation
  • MITSUBISHI
  • Perkins Engines Company Limited
  • Siemens Energy
  • YANMAR HOLDINGS CO., LTD. 
Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of industrial engine was reached USD 125.1 billion in 2023 and is anticipated to record a 4.5% CAGR from 2024 to 2032, driven by industrialization and advancements in technology.

The diesel segment of industrial engine market was valued at USD 70.9 Billion in 2023 and is expected to reach USD 91.3 billion by 2032, owing to its robustness, dependability, and high torque.

Asia Pacific industrial engine market held a share of around 42% in 2023 and is predicted to grow at over 5.8% during 2024 to 2032, driven by a surge in industrial activities.

Caterpillar, Cummins Inc, Deere & Company, Detroit Diesel Corporation, HDHyundai Heavy Industries Engine & Machinery, Honda Motor Co., Inc, Jeemar Power Co.,Ltd among others.

Industrial Engine Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 300
  • Countries covered: 22
  • Pages: 140
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