Global Reciprocating Engines Market Growth 2023-2029

Global Reciprocating Engines Market Growth 2023-2029

Product Code:457483

Published Date: Feb 08,2023

Pages: 113

Region: Global

Category: Machinery & Equipment

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A reciprocating engine, also often known as a piston engine, is typically a heat engine (although there are also pneumatic and hydraulic reciprocating engines) that uses one or more reciprocating pistons to convert pressure into a rotating motion.

LPI (LP Information)' newest research report, the “Reciprocating Engines Industry Forecast” looks at past sales and reviews total world Reciprocating Engines sales in 2022, providing a comprehensive analysis by region and market sector of projected Reciprocating Engines sales for 2023 through 2029. With Reciprocating Engines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Reciprocating Engines industry.

This Insight Report provides a comprehensive analysis of the global Reciprocating Engines landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Reciprocating Engines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Reciprocating Engines market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Reciprocating Engines and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Reciprocating Engines.

The global Reciprocating Engines market size is projected to grow from US$ 283610 million in 2022 to US$ 346560 million in 2029; it is expected to grow at a CAGR of 346560 from 2023 to 2029.

Global core reciprocating engines manufacturers include Volkswagen AG, Toyota Motor Corporation, Honda etc.The top 5 companies hold a share about 35%.Asia-Pacific is the largest market, with a share about 65%, followed by Europe and North America with the share about 16% and 14%.In terms of product, 100-300 KW is the largest segment, with a share about 65%. And in terms of application, the largest application is transportation.

This report presents a comprehensive overview, market shares, and growth opportunities of Reciprocating Engines market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Below 100 KW
    100-300 KW
    Above 300 KW

Segmentation by application
    Transportation
    Energy
    Oil & Gas
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Volkswagen AG
    Toyota Motor Corporation
    Honda
    Renault
    General Motors
    Daimler
    Stellantis
    Hyundai Motor Company
    BMW
    Cummins
    Weichai
    Yanmar
    Caterpillar
    VOLVO
    Yamaha
    Kubota
    Mitsubishi Heavy Industries

Key Questions Addressed in this Report
What is the 10-year outlook for the global Reciprocating Engines market?
What factors are driving Reciprocating Engines market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Reciprocating Engines market opportunities vary by end market size?
How does Reciprocating Engines break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?