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Reciprocating Engine Market Share

Report ID: GMI4890
Published Date: Jun 2023
Report Format: PDF

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Reciprocating Engine Market Share

The major players operating in the reciprocating engine market includes:

Wärtsilä
MITSUBISHI HEAVY INDUSTRIES
Caterpillar
Cummins
Rolls-Royce plc
General Electric
Kawasaki Heavy Industries
Guascor Energy
Motorenfabrik Hatz GmbH & Co. KG
KUBOTA Corporation
J C Bamford Excavators
Lister Petter
Perkins Engines Company Limited
AB Volvo Penta
Escorts Limited

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of reciprocating engine was valued at USD 70.5 billion In 2023 and will grow at more than 5% CAGR from 2024 to 2032, owing to a noticeable rise in investments across the infrastructure space.

The reciprocating engine market size from the marine application segment will reach over USD 40 billion by 2032 on account of the growing popularity of dual-fuel engines and the rapid expansion of subsea & offshore applications.

European market for reciprocating engine size reached over USD 16 billion in 2022, attributed to the growing commercial and construction activities in Eastern Europe and the Nordic region.

Some leading manufacturers of reciprocating engine include General Electric, Guascor Energy, Motorenfabrik Hatz GmbH & Co. KG, J C Bamford Excavators, Perkins Engines Company Limited, Kawasaki Heavy Industries, KUBOTA Corporation, and Lister Petter, among others.