Reciprocating Engines market: Global Market Size, Industry Share, Trends and Forecast 2026

Flourishing Automotive Industry

The Reciprocating Engines market wealth was US$ 197,803.5 Bn in 2017, and will reach US$ XX Bn 2026, with a CAGR of 6.5% during 2018-2026. Based on the Reciprocating Engines industrial chain, this report mainly refines the definition, types, applications and major players of Reciprocating Engines market in details. Wide analysis about market status (2018-2026), advantages and disadvantages of enterprise Products, regional industrial layout characteristics and macroeconomic policies, enterprise competition pattern, industry development trends (2018-2026), industrial policy has also be included. From raw materials to downstream buyers of this industry will be explained accurately, the feature of product circulation and sales channel will be shown as well. In a word, this report will help you to establish a panorama of industrial development and characteristics of the Reciprocating Engines market.

Get Sample:

Browse Full Report:

Market Insights:

The reciprocating engines market was valued at US$ 197,803.5 Mn in 2017 and expected to reach US$ 271,508.6 Mn in 2026, growing at a compounded annual growth rate (CAGR) of 6.5% from 2018 to 2026. Continuously increasing motor vehicle production globally, which has witnessed a year-on-year growth continuously since 2010 is one of the most prominent factors driving the reciprocating engines market growth. Moreover, the fact that most of the automobiles manufactured currently have reciprocating engines installed further aids the market growth. Countries around the world are in a zest to mechanize it farming sector in order to improve the production. This impacts the market growth for reciprocating engines positively. Therefore, these factors are expected to drive the demand for reciprocating engines during the forecast period 2018 – 2026.

Asia Pacific has emerged as the most lucrative region for overall reciprocating engines market claiming market share of 40% in 2017 and expected to grow at a considerable pace throughout the forecast period from 2018 to 2026. Factors such as high concentration of major automotive manufacturers, growing disposable income, and mechanization of farming have made emerging economies such as China and India major marketplaces for reciprocating engines. Therefore, reliable growth in the agriculture sector in Asia Pacific countries is expected to support the growth of overall reciprocating engines market.

Major Players in Heading Indicators market are:

Major players in the reciprocating engines market include GE Energy, Siemens Energy, Rolls-Royce Plc., ABB Group, Wärtsilä Corporation, IHI Corporation, Mitsubishi Heavy Industries Ltd., Cooper Corporation, Arrow Engine Company, Caterpillar, Inc., MAN Engines, and Mitsui & Co. Ltd.

Regions play vital role in Heading Indicators market are:

  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Rest of Middle East & Africa

Browse Full Report:

Related posts

Leave a Comment