Reciprocating Power Generating Engine Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

Reciprocating Power Generating Engine Market size will record a 4.5% CAGR between 2024 and 2032, propelled by rising innovations in engine design and materials for more efficient and durable reciprocating engines. Some of the advancements include developments in turbocharging, fuel injection systems, and engine management technologies. As extreme weather events become more frequent and reliance on digital infrastructure grows, the demand for dependable backup power solutions surges. To that end, standby power applications frequently employ reciprocating engines, especially in sectors, such as healthcare, data centers, and telecommunications.

The reciprocating power generating engine industry is segmented into fuel type, rated power, application, end use, and region.

By fuel type, the industry value from the diesel-fired segment will record a lucrative growth rate through 2032. Renowned for their reliability and extended lifespan, diesel engines serve as a trusted option for power generation. This is especially true in crucial scenarios, such as providing backup power for hospitals, data centers, and emergency services. Globally, diesel also offers widespread availability, bolstered by a well-established distribution infrastructure. This accessibility positions diesel engines as a pragmatic choice across various regions, notably in remote or developing areas where alternative fuel sources may be limited.

With respect to application, the reciprocating power generating engine market size from the energy and utility segment will show expansion from 2024 to 2032. Peaking power plants frequently utilize reciprocating engines to meet surges in electricity demand. Their rapid startup capability makes them perfect for stabilizing the grid during peak times. These engines serve as a dependable backup for essential facilities, including hospitals, data centers, and emergency services. This reliability guarantees uninterrupted power during grid failures or crises.

Europe reciprocating power generating engine industry share will record immense growth through 2032 led by a growing emphasis on reducing carbon emissions and the subsequent shift towards engines that can operate on renewable fuels like biogas, biofuels, and hydrogen. Manufacturers are responding to rising regulations and consumer demand by developing engines that meet Europe's strict environmental standards, focusing on energy efficiency and reduced emissions, adding to the market growth.

Product Code: 3386

Chapter 1 Methodology and Scope

1.1 Market scope and definitions
1.2 Market estimates and forecast parameters
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid
  - 1.4.2.2 Public

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Regulatory landscape
3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.2 Industry pitfalls and challenges
3.4 Growth potential analysis
3.5 Porter's analysis
- 3.5.1 Bargaining power of suppliers
- 3.5.2 Bargaining power of buyers
- 3.5.3 Threat of new entrants
- 3.5.4 Threat of substitutes
3.6 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

4.1 Strategic outlook
4.2 Innovation and sustainability landscape

Chapter 5 Market Size and Forecast, By Fuel Type (USD Million, MW and Units)

5.1 Key trends
5.2 Gas-fired
- 5.2.1 0.5 MW - 1 MW
- 5.2.2 > 1 MW - 2 MW
- 5.2.3 > 2 MW - 3.5 MW
- 5.2.4 > 3.5 MW - 5 MW
- 5.2.5 > 5 MW - 7.5 MW
- 5.2.6 > 7.5 MW
5.3 Diesel-fired
- 5.3.1 0.5 MW - 1 MW
- 5.3.2 > 1 MW - 2 MW
- 5.3.3 > 2 MW - 3.5 MW
- 5.3.4 > 3.5 MW - 5 MW
- 5.3.5 > 5 MW - 7.5 MW
- 5.3.6 > 7.5 MW
5.4 Dual fired
- 5.4.1 0.5 MW - 1 MW
- 5.4.2 > 1 MW - 2 MW
- 5.4.3 > 2 MW - 3.5 MW
- 5.4.4 > 3.5 MW - 5 MW
- 5.4.5 > 5 MW - 7.5 MW
- 5.4.6 > 7.5 MW
5.5 Others
- 5.5.1 0.5 MW - 1 MW
- 5.5.2 > 1 MW - 2 MW
- 5.5.3 > 2 MW - 3.5 MW
- 5.5.4 > 3.5 MW - 5 MW
- 5.5.5 > 5 MW - 7.5 MW
- 5.5.6 > 7.5 MW

Chapter 6 Market Size and Forecast, By Rated Power (USD Million, MW and Units)

6.1 Key trends
6.2 0.5 MW - 1 MW
6.3 > 1 MW - 2 MW
6.4 > 2 MW - 3.5 MW
6.5 > 3.5 MW - 5 MW
6.6 > 5 MW - 7.5 MW
6.7 > 7.5 MW

Chapter 7 Market Size and Forecast, By Application (USD Million, MW and Units)

7.1 Key trends
7.2 Industrial
7.3 CHP
7.4 Energy and utility
7.5 Landfill and biogas
7.6 Others

Chapter 8 Market Size and Forecast, By End Use (USD Million, MW and Units)

8.1 Key trends
8.2 Backup
- 8.2.1 0.5 MW - 1 MW
- 8.2.2 > 1 MW - 2 MW
- 8.2.3 > 2 MW - 3.5 MW
- 8.2.4 > 3.5 MW - 5 MW
- 8.2.5 > 5 MW - 7.5 MW
- 8.2.6 > 7.5 MW
8.3 Prime power
- 8.3.1 0.5 MW - 1 MW
- 8.3.2 > 1 MW - 2 MW
- 8.3.3 > 2 MW - 3.5 MW
- 8.3.4 > 3.5 MW - 5 MW
- 8.3.5 > 5 MW - 7.5 MW
- 8.3.6 > 7.5 MW

Chapter 9 Market Size and Forecast, By Region (USD Million, MW and Units)

9.1 Key trends
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.2.3 Mexico
9.3 Europe
- 9.3.1 UK
- 9.3.2 France
- 9.3.3 Germany
- 9.3.4 Russia
- 9.3.5 Italy
- 9.3.6 Spain
- 9.3.7 Netherlands
- 9.3.8 Denmark
- 9.3.9 Norway
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 Australia
- 9.4.6 Thailand
- 9.4.7 Singapore
- 9.4.8 Indonesia
- 9.4.9 Malaysia
9.5 Middle East and Africa
- 9.5.1 UAE
- 9.5.2 Saudi Arabia
- 9.5.3 Qatar
- 9.5.4 Oman
- 9.5.5 Kuwait
- 9.5.6 Iran
- 9.5.7 Egypt
- 9.5.8 Turkey
- 9.5.9 Jordan
- 9.5.10 South Africa
9.6 Latin America
- 9.6.1 Brazil
- 9.6.2 Argentina
- 9.6.3 Chile
- 9.6.4 Peru

Chapter 10 Company Profiles

10.1 Ashok Leyland
10.2 Briggs and Stratton
10.3 Caterpillar
10.4 Cummins
10.5 Deere and Company
10.6 Deutz AG
10.7 Enerflex
10.8 Escorts Limited
10.9 General Electric
10.10 Guascor Energy
10.11 Kawasaki Heavy Industries Ltd.
10.12 Kirloskar Oil Engines Limited
10.13 Kohler Engines
10.14 MAN Energy Solutions
10.15 Mitsubishi Heavy Industries, Ltd.
10.16 Rolls-Royce plc
10.17 Scania
10.18 TRITON DURO
10.19 Wartsila
10.20 YANMAR HOLDINGS CO., LTD.