Industrial Engine Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The industrial engine market is on track for steady expansion in the coming years, fueled by rising demand from various sectors that depend on dependable auxiliary power solutions. The market is projected to rise from $185.85 billion in 2024 to $289.81 billion by 2031, reflecting a CAGR of 6.60% . As global industrial activities continue to surge, the need for industrial engines, especially in construction and mining, is anticipated to increase considerably. This press release delves into the market dynamics, key segments, and future outlook for the industrial engine market.

Growing Demand for Industrial Engines Across Diverse Sectors

Industrial engines have become vital components in a wide array of applications, including power generation, manufacturing, and transportation. Their versatility and dependability make them indispensable in industries that require backup power or mobile energy solutions. The construction sector, in particular, is experiencing significant growth across many regions, further boosting the demand for industrial engines. These engines are crucial for powering heavy machinery and equipment used in construction projects, ensuring continuous operations even in remote locations.

Customization and Technological Innovations Enhance Market Attractiveness

A significant driver of the industrial engine market's growth is the ability to customize engines to meet specific customer needs. Companies can now order engines with tailored power ratings or engine sizes, depending on the nature of their operations. Moreover, advancements in digital control systems have enabled users to remotely monitor engine performance and make necessary adjustments, thereby enhancing the overall efficiency and reliability of these engines.

Wide Range of Applications Fuels Market Growth

Industrial engines are utilized in various applications, ranging from electricity generation to agricultural use. In the power generation sector, industrial engines play a crucial role in providing backup power during grid failures, ensuring uninterrupted operations for critical loads. In agriculture, engines power machinery such as tractors and pumps, boosting productivity and efficiency in farming activities. The versatility of industrial engines makes them a vital component across multiple industries, contributing to the market's steady growth.

Renewable Energy Shift and Its Impact on the Industrial Engine Market

The global transition towards renewable energy sources is expected to impact the industrial engine market, particularly in sectors that have traditionally relied on gasoline and diesel engines. As governments and industries increasingly invest in clean energy solutions, the demand for alternative power sources is expected to rise. However, industrial engines will continue to play a crucial role in applications where renewable energy solutions are not yet feasible, ensuring their continued relevance in the market for the foreseeable future.

Strong Market Demand for Off-Road Diesel Engines

The increasing use of off-road vehicle engines, particularly diesel engines, is a key factor driving market growth. The globalization of agricultural and construction equipment has led to greater demand for powerful and reliable engines capable of handling heavy loads in challenging environments. Off-road engines are essential for powering equipment used in infrastructure projects, farm mechanization, and mining operations, all of which are witnessing robust growth.

Challenges in the Industrial Engine Market

Despite the positive growth outlook, the industrial engine market faces challenges related to high maintenance costs and environmental concerns. The operation of industrial engines, especially those powered by diesel and gasoline, results in significant carbon emissions. This has led to increased scrutiny and a growing preference for alternative power sources with lower operational costs and reduced environmental impact. Additionally, the high capital costs associated with industrial engines may deter some consumers from investing in these solutions, particularly in regions where alternative energy sources are becoming more accessible.

Regional Insights: Market Outlook Across Key Regions

The industrial engine market is experiencing varied growth rates across different regions. In the U.S., the market is demonstrating substantial growth, driven by favorable government policies and significant investments in sectors such as energy, agriculture, and automotive. The presence of leading engine manufacturers in the U.S. also contributes to the market's growth, with innovations in engine design and technology leading to increased demand.

In China, the industrial engine market is expanding rapidly, supported by substantial capital investments and capacity expansions by major players. The optimistic outlook for the industrial engine market in China reflects the country's commitment to industrial growth and modernization, positioning it as a key player in the global market.

Category-Wise Market Insights

The four-stroke engine segment is a key growth area within the industrial engine market, holding a significant market share. Four-stroke engines are widely used in various vehicles, including buses, trucks, and mobile generators. Their application extends to marine and aircraft engines, making them a versatile and essential component in multiple industries. The demand for four-stroke engines is expected to remain strong, driven by their efficiency and reliability.

In the power generation sector, industrial engines are gaining traction as critical components in diesel and gas generator sets. These engines provide standby or continuous power supply to critical loads, ensuring uninterrupted operations in industries such as healthcare, data centers, and manufacturing. The demand for generator sets with high-speed engines is expected to rise, particularly in regions with unreliable electricity supply.

Competitive Analysis: Key Players and Market Strategies

Caterpiller
Honda Motor Co., Ltd
Kawasaki Heavy Industries, Ltd.
JEEMAR POWER CO., LTD
Chongqing Fuchai Industry Group
Changchai Co., Ltd.
Kohler Co.
Motorenfabrik Hatz GmbH & Co. KG
Loncin Motor Co., Ltd.
Lifan Power USA
Fuzhou Launtop M&E Co.,Ltd.,
Caterpillar (engines) USA
Shanghai Diesel Engine Co., Ltd.
Cummins
Ingersoll Rand
DAIHATSU DIESEL MFG. CO., LTD.
CNH Industrial
Hyundai
Kirloskar
Yanmar
SIEMENS Energy
Mitsubishi
Perkins Engines
Kubota
Doosan
Wartsila
Deere & Company

Industrial Engine Market Segmentation

By Engine Type

50HP-500HP
500HP-10,000HP
Above 10,000HP

By Fuel Type

Diesel
Gasoline

By Cooling Type

Air Cooled
Water Cooled

By Operation

2 Stroke
4 Stroke

By End-Use

Power Generation
General Manufacturing
Oil & Gas
Marine
Agriculture/Off-road vehicles
Construction
Mining & Metallurgy

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa

1. Executive Summary

1.1. Global Industrial Engine Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Price Analysis, 2019-2023

3.1. Global Average Price Analysis, by Engine Type, US$ Per Unit, 2019-2023
3.2. Prominent Factor Affecting Industrial Engine Prices
3.3. Global Average Price Analysis, by Region, US$ Per Unit

4. Global Industrial Engine Market Outlook, 2019-2031

4.1. Global Industrial Engine Market Outlook, by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 4.1.1. Key Highlights
  - 4.1.1.1. 50HP-500HP
  - 4.1.1.2. 500HP-10,000HP
4.2. Global Industrial Engine Market Outlook, by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Diesel
  - 4.2.1.2. Gasoline
4.3. Global Industrial Engine Market Outlook, by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Air Cooled
  - 4.3.1.2. Water Cooled
4.4. Global Industrial Engine Market Outlook, by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 4.4.1. Key Highlights
  - 4.4.1.1. 2 Stroke
  - 4.4.1.2. 4 Stroke
4.5. Global Industrial Engine Market Outlook, by Region, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 4.5.1. Key Highlights
  - 4.5.1.1. North America
  - 4.5.1.2. Europe
  - 4.5.1.3. Asia Pacific
  - 4.5.1.4. Latin America
  - 4.5.1.5. Middle East & Africa

5. North America Industrial Engine Market Outlook, 2019-2031

5.1. North America Industrial Engine Market Outlook, by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 5.1.1. Key Highlights
  - 5.1.1.1. 50HP-500HP
  - 5.1.1.2. 500HP-10,000HP
5.2. North America Industrial Engine Market Outlook, by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Diesel
  - 5.2.1.2. Gasoline
5.3. North America Industrial Engine Market Outlook, by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Air Cooled
  - 5.3.1.2. Water Cooled
5.4. North America Industrial Engine Market Outlook, by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 5.4.1. Key Highlights
  - 5.4.1.1. 2 Stroke
  - 5.4.1.2. 4 Stroke
5.5. North America Industrial Engine Market Outlook, by Country, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 5.5.1. Key Highlights
  - 5.5.1.1. U.S. Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 5.5.1.2. U.S. Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 5.5.1.3. U.S. Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 5.5.1.4. U.S. Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 5.5.1.5. Canada Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 5.5.1.6. Canada Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 5.5.1.7. Canada Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 5.5.1.8. Canada Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 5.5.2. BPS Analysis/Market Attractiveness Analysis

6. Europe Industrial Engine Market Outlook, 2019-2031

6.1. Europe Industrial Engine Market Outlook, by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 6.1.1. Key Highlights
  - 6.1.1.1. 50HP-500HP
  - 6.1.1.2. 500HP-10,000HP
6.2. Europe Industrial Engine Market Outlook, by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Diesel
  - 6.2.1.2. Gasoline
6.3. Europe Industrial Engine Market Outlook, by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Air Cooled
  - 6.3.1.2. Water Cooled
6.4. Europe Industrial Engine Market Outlook, by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 6.4.1. Key Highlights
  - 6.4.1.1. 2 Stroke
  - 6.4.1.2. 4 Stroke
6.5. Europe Industrial Engine Market Outlook, by Country, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 6.5.1. Key Highlights
  - 6.5.1.1. Germany Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.2. Germany Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.3. Germany Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.4. Germany Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.5. U.K. Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.6. U.K. Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.7. U.K. Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.8. U.K. Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.9. France Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.10. France Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.11. France Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.12. France Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.13. Italy Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.14. Italy Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.15. Italy Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.16. Italy Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.17. Turkey Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.18. Turkey Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.19. Turkey Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.20. Turkey Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.21. Russia Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.22. Russia Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.23. Russia Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.24. Russia Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.25. Rest of Europe Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.26. Rest of Europe Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.27. Rest of Europe Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 6.5.1.28. Rest of Europe Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 6.5.2. BPS Analysis/Market Attractiveness Analysis

7. Asia Pacific Industrial Engine Market Outlook, 2019-2031

7.1. Asia Pacific Industrial Engine Market Outlook, by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 7.1.1. Key Highlights
  - 7.1.1.1. 50HP-500HP
  - 7.1.1.2. 500HP-10,000HP
7.2. Asia Pacific Industrial Engine Market Outlook, by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Diesel
  - 7.2.1.2. Gasoline
7.3. Asia Pacific Industrial Engine Market Outlook, by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Air Cooled
  - 7.3.1.2. Water Cooled
7.4. Asia Pacific Industrial Engine Market Outlook, by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 7.4.1. Key Highlights
  - 7.4.1.1. 2 Stroke
  - 7.4.1.2. 4 Stroke
7.5. Asia Pacific Industrial Engine Market Outlook, by Country, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 7.5.1. Key Highlights
  - 7.5.1.1. China Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.2. China Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.3. China Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.4. China Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.5. Japan Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.6. Japan Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.7. Japan Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.8. Japan Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.9. South Korea Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.10. South Korea Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.11. South Korea Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.12. South Korea Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.13. India Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.14. India Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.15. India Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.16. India Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.17. Southeast Asia Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.18. Southeast Asia Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.19. Southeast Asia Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.20. Southeast Asia Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.21. Rest of Asia Pacific Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.22. Rest of Asia Pacific Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.23. Rest of Asia Pacific Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 7.5.1.24. Rest of Asia Pacific Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 7.5.2. BPS Analysis/Market Attractiveness Analysis

8. Latin America Industrial Engine Market Outlook, 2019-2031

8.1. Latin America Industrial Engine Market Outlook, by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 8.1.1. Key Highlights
  - 8.1.1.1. 50HP-500HP
  - 8.1.1.2. 500HP-10,000HP
8.2. Latin America Industrial Engine Market Outlook, by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Diesel
  - 8.2.1.2. Gasoline
8.3. Latin America Industrial Engine Market Outlook, by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Air Cooled
  - 8.3.1.2. Water Cooled
8.4. Latin America Industrial Engine Market Outlook, by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 8.4.1. Key Highlights
  - 8.4.1.1. 2 Stroke
  - 8.4.1.2. 4 Stroke
8.5. Latin America Industrial Engine Market Outlook, by Country, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 8.5.1. Key Highlights
  - 8.5.1.1. Brazil Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.2. Brazil Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.3. Brazil Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.4. Brazil Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.5. Mexico Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.6. Mexico Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.7. Mexico Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.8. Mexico Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.9. Argentina Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.10. Argentina Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.11. Argentina Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.12. Argentina Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.13. Rest of Latin America Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.14. Rest of Latin America Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.15. Rest of Latin America Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 8.5.1.16. Rest of Latin America Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 8.5.2. BPS Analysis/Market Attractiveness Analysis

9. Middle East & Africa Industrial Engine Market Outlook, 2019-2031

9.1. Middle East & Africa Industrial Engine Market Outlook, by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 9.1.1. Key Highlights
  - 9.1.1.1. 50HP-500HP
  - 9.1.1.2. 500HP-10,000HP
9.2. Middle East & Africa Industrial Engine Market Outlook, by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Diesel
  - 9.2.1.2. Gasoline
9.3. Middle East & Africa Industrial Engine Market Outlook, by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Air Cooled
  - 9.3.1.2. Water Cooled
9.4. Middle East & Africa Industrial Engine Market Outlook, by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 9.4.1. Key Highlights
  - 9.4.1.1. 2 Stroke
  - 9.4.1.2. 4 Stroke
9.5. Middle East & Africa Industrial Engine Market Outlook, by Country, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 9.5.1. Key Highlights
  - 9.5.1.1. GCC Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.2. GCC Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.3. GCC Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.4. GCC Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.5. South Africa Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.6. South Africa Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.7. South Africa Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.8. South Africa Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.9. Egypt Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.10. Egypt Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.11. Egypt Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.12. Egypt Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.13. Nigeria Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.14. Nigeria Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.15. Nigeria Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.16. Nigeria Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.17. Rest of Middle East & Africa Industrial Engine Market by Engine Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.18. Rest of Middle East & Africa Industrial Engine Market by Fuel Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.19. Rest of Middle East & Africa Industrial Engine Market by Cooling Type, Value (US$ Bn) and Volume (Million Units), 2019-2031
  - 9.5.1.20. Rest of Middle East & Africa Industrial Engine Market by Operation, Value (US$ Bn) and Volume (Million Units), 2019-2031
- 9.5.2. BPS Analysis/Market Attractiveness Analysis

10. Competitive Landscape

10.1. Engine Type vs Fuel Type Heatmap
10.2. Company Market Share Analysis, 2023
10.3. Competitive Dashboard
10.4. Company Profiles
- 10.4.1. Honda Motor Co.Ltd
  - 10.4.1.1. Company Overview
  - 10.4.1.2. Product Portfolio
  - 10.4.1.3. Financial Overview
  - 10.4.1.4. Business Strategies and Development
- 10.4.2. Kawasaki Heavy Industries, Ltd.
  - 10.4.2.1. Company Overview
  - 10.4.2.2. Product Portfolio
  - 10.4.2.3. Financial Overview
  - 10.4.2.4. Business Strategies and Development
- 10.4.3. JEEMAR POWER CO., LTD
  - 10.4.3.1. Company Overview
  - 10.4.3.2. Product Portfolio
  - 10.4.3.3. Financial Overview
  - 10.4.3.4. Business Strategies and Development
- 10.4.4. Chongqing Fuchai Industry Group
  - 10.4.4.1. Company Overview
  - 10.4.4.2. Product Portfolio
  - 10.4.4.3. Financial Overview
  - 10.4.4.4. Business Strategies and Development
- 10.4.5. Changchai Co., Ltd.
  - 10.4.5.1. Company Overview
  - 10.4.5.2. Product Portfolio
  - 10.4.5.3. Financial Overview
  - 10.4.5.4. Business Strategies and Development
- 10.4.6. Kohler Co.
  - 10.4.6.1. Company Overview
  - 10.4.6.2. Product Portfolio
  - 10.4.6.3. Financial Overview
  - 10.4.6.4. Business Strategies and Development
- 10.4.7. Motorenfabrik Hatz GmbH & Co. KG
  - 10.4.7.1. Company Overview
  - 10.4.7.2. Product Portfolio
  - 10.4.7.3. Financial Overview
  - 10.4.7.4. Business Strategies and Development
- 10.4.8. Loncin Motor Co., Ltd.
  - 10.4.8.1. Company Overview
  - 10.4.8.2. Product Portfolio
  - 10.4.8.3. Financial Overview
  - 10.4.8.4. Business Strategies and Development
- 10.4.9. Lifan Power USA
  - 10.4.9.1. Company Overview
  - 10.4.9.2. Product Portfolio
  - 10.4.9.3. Financial Overview
  - 10.4.9.4. Business Strategies and Development
- 10.4.10. Fuzhou Launtop M&E Co.,Ltd.,
  - 10.4.10.1. Company Overview
  - 10.4.10.2. Product Portfolio
  - 10.4.10.3. Financial Overview
  - 10.4.10.4. Business Strategies and Development
- 10.4.11. Caterpillar (engines) USA
  - 10.4.11.1. Company Overview
  - 10.4.11.2. Product Portfolio
  - 10.4.11.3. Financial Overview
  - 10.4.11.4. Business Strategies and Development
- 10.4.12. Shanghai Diesel Engine Co., Ltd.
  - 10.4.12.1. Company Overview
  - 10.4.12.2. Product Portfolio
  - 10.4.12.3. Financial Overview
  - 10.4.12.4. Business Strategies and Development
- 10.4.13. Cummins
  - 10.4.13.1. Company Overview
  - 10.4.13.2. Product Portfolio
  - 10.4.13.3. Financial Overview
  - 10.4.13.4. Business Strategies and Development
- 10.4.14. Ingersoll Rand
  - 10.4.14.1. Company Overview
  - 10.4.14.2. Product Portfolio
  - 10.4.14.3. Financial Overview
  - 10.4.14.4. Business Strategies and Development
- 10.4.15. DAIHATSU DIESEL MFG. CO., LTD.
  - 10.4.15.1. Company Overview
  - 10.4.15.2. Product Portfolio
  - 10.4.15.3. Financial Overview
  - 10.4.15.4. Business Strategies and Development
- 10.4.16. CNH Industrial
  - 10.4.16.1. Company Overview
  - 10.4.16.2. Product Portfolio
  - 10.4.16.3. Financial Overview
  - 10.4.16.4. Business Strategies and Development
- 10.4.17. Hyundai
  - 10.4.17.1. Company Overview
  - 10.4.17.2. Product Portfolio
  - 10.4.17.3. Financial Overview
  - 10.4.17.4. Business Strategies and Development

11. Appendix

11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations