Global Engine Market Research Report Information by Speed Type, Power Rating By Type End User and By Region Forecast to 2032

Description

List of Tables

Global Engine Market Research Report Information by Speed Type (High Speed, Medium Speed and Low Speed}, Power Rating (Below 100 hp,101-500 hp, 501-1000 hp and Above 1000 hp) By Type (Internal Combustion engine, External Combustion engine, Reciprocating Engine, Rotary Engine, Air Cooled Engine and others) End User (Power Generation, Marines, Locomotives, Mining, Oil & Gas, Construction and Others) and By Region Forecast to 2032

Market Overview

The Engine Market industry is expected to increase from USD 247.26 billion in 2024 to USD 414.20 billion by 2032, with a compound yearly growth rate (CAGR) of 6.58% over the forecast period (2024-2032).

The engine supplies power or fuel to any vehicle or machinery. It aids in providing energy for propulsion or operation to perform work. It is utilized to provide efficiency and dependability in the workplace. It turns different types of energy into mechanical energy. This change improves the utilization of engines in a variety of applications. Manufacturers are constantly improving the engine, resulting in increased efficiency, productivity, and time savings. Engines frequently incorporate innovative technologies that improve performance, reduce emissions, and promote sustainability, making them suited for usage in a variety of industries and contributing to the growth of the engine market.

Fuel is consumed within the cylinders of an internal combustion engine to generate power. It works by converting fuel's chemical energy into mechanical energy. In a normal four-stroke cycle, the piston is powered by compressed air and fuel before being ignited by compression (in diesel engines) or a spark plug (in gasoline engines). An internal combustion engine (ICE) ignites and burns the fuel within the engine. The engine then uses some of the energy produced by the combustion to do work. The engine has a stationary cylinder and a moving piston. The expanding combustion gases push the piston, which turns the crankshaft.

Market Segment insights

The Engine Market segmentation, depending on the speed type, has been divided into high, medium, and low speed.

The market is divided into four categories based on power rating: under 100 horsepower, 101-500 horsepower, 501-1000 horsepower, and over 100 horsepower.

The Engine Market is classified into several types, including internal combustion engines, external combustion engines, rotary engines, reciprocating engines, air-cooled engines, and others.

The Market is segmented by end user into Power Generation, Marines, Locomotives, Mining, Oil & Gas, Construction, and others.

Regional insights

The Engine market is divided into five regions: North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The Asia-Pacific Engine market had the largest market share and is predicted to account for a sizable revenue share over the forecast period. Asia Pacific's automobile sector is rapidly expanding, fueled by industrialization, urbanization, and technological innovation.

The automobile sector is experiencing an increase in demand for passenger cars, commercial vehicles, and motorcycles as cities grow. Furthermore, the region's thriving manufacturing sector requires engines to power machinery and equipment in areas like construction, agriculture, and mining.

Major Players

General Motors Company, Wartsila, AGCO Corporation, Ford Motor Company, Caterpillar Inc, Deere & Company, Mitsubishi Heavy Industries, China FAW Group Co., Ltd., Cummins Inc., and Detroit Diesel Corporation are among the Engine Market's leading participants.

Product Code: MRFR/E&P/22680-CR

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
1.2 ENGINES MARKET, BY TYPE
1.3 ENGINES MARKET, BY SPEED
1.4 ENGINES MARKET, BY POWER RATING
1.5 ENGINES MARKET, BY END-USER
1.6 ENGINES MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
2.5 KEY BUYING CRITERIA

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP-DOWN & BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS

4 MARKET DYNAMICS

4.1 OVERVIEW
4.2 DRIVERS
- 4.2.1 INCREASING USE OF ENGINE IN LOCOMOTIVE
- 4.2.2 INCREASING USE OF ENGINE IN POWER GENERATION
4.3 RESTRAINTS
- 4.3.1 STRICT GOVERNMENT POLICY AND REGULATION REGARDING THE POLLUTION
4.4 OPPORTUNITIES
- 4.4.1 INCREASING OF ENGINE BY THE VARIOUS END USE INDUSTRY
4.5 IMPACT ANALYSIS OF COVID-19

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL & COMPONENT SUPPLY
- 5.1.2 MANUFACTURERS
- 5.1.3 DISTRIBUTOR
- 5.1.4 END USERS
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
5.3 QUALITATIVE OVERVIEW OF AIR-COOLED ENGINE

6 GLOBAL ENGINES MARKET, BY SPEED TYPE

6.1 OVERVIEW
- 6.1.1 ENGINES: MARKET ESTIMATES & FORECAST BY SPEED TYPE, 2019-2032

7 GLOBAL ENGINES MARKET, BY POWER RATING

7.1 OVERVIEW
- 7.1.1 ENGINES: MARKET ESTIMATES & FORECAST BY POWER RATING, 2019-2032

8 GLOBAL ENGINES MARKET, BY TYPE

8.1 OVERVIEW
- 8.1.1 ENGINES: MARKET ESTIMATES & FORECAST BY TYPE, 2019-2032

9 GLOBAL ENGINES MARKET, BY END USER

9.1 OVERVIEW
- 9.1.1 ENGINES: MARKET ESTIMATES & FORECAST BY END USER, 2019-2032

10 GLOBAL ENGINES MARKET, BY REGION

10.1 OVERVIEW
10.2 NORTH AMERICA
- 10.2.1 US
- 10.2.2 CANADA
10.3 EUROPE
- 10.3.1 GERMANY
- 10.3.2 FRANCE
- 10.3.3 UK
- 10.3.4 ITALY
- 10.3.5 RUSSIA
- 10.3.6 SPAIN
- 10.3.7 NETHERLANDS
- 10.3.8 POLAND
- 10.3.9 PORTUGAL
- 10.3.10 DENMARK
- 10.3.11 FINLAND
- 10.3.12 NORWAY
- 10.3.13 SLOVENIA
- 10.3.14 BELGIUM
- 10.3.15 REST OF EUROPE
10.4 ASIA-PACIFIC
- 10.4.1 CHINA
- 10.4.2 INDIA
- 10.4.3 JAPAN
- 10.4.4 AUSTRALIA
- 10.4.5 SOUTHEAST ASIA
- 10.4.6 REST OF ASIA-PACIFIC
10.5 SOUTH AMERICA
- 10.5.1 BRAZIL
- 10.5.2 ARGENTINA
- 10.5.3 MEXICO
- 10.5.4 REST OF SOUTH AMERICA
10.6 MIDDLE EAST AND AFRICA
- 10.6.1 NIGERIA
- 10.6.2 KENYA
- 10.6.3 OMAN
- 10.6.4 QATAR
- 10.6.5 ZAMBIA
- 10.6.6 SAUDI ARABIA
- 10.6.7 UNITED ARAB EMIRATES
- 10.6.8 ALGERIA
- 10.6.9 EGYPT
- 10.6.10 SOUTH AFRICA
- 10.6.11 REST OF MIDDLE EAST & AFRICA

11 COMPETITIVE LANDSCAPE

11.1 MARKET INTRODUCTION
11.2 RECENT DEVELOPMENTS
- 11.2.1 PRODUCT LAUNCH
- 11.2.2 INVESTMENT
- 11.2.3 CAPACITY EXPANSION
- 11.2.4 ACQUISITION
- 11.2.5 PARTNERSHIP
11.3 MARKET STRATEGY ANALYSIS
11.4 COMPETITIVE BENCHMARKING

12 COMPANY PROFILES

12.1 GENERAL MOTORS COMPANY
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGIES
12.2 WARTSILA
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCTS OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGIES
12.3 AGCO CORPORATION
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCTS OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGIES
12.4 FORD MOTOR COMPANY
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCTS OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 SWOT ANALYSIS
- 12.4.6 KEY STRATEGIES
12.5 CATERPILLAR INC.
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCTS OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.5.5 SWOT ANALYSIS
- 12.5.6 KEY STRATEGIES
12.6 DEERE & COMPANY
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.6.5 SWOT ANALYSIS
- 12.6.6 KEY STRATEGIES
12.7 MITSUBISHI HEAVY INDUSTRIES
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 SWOT ANALYSIS
- 12.7.6 KEY STRATEGIES
12.8 CHINA FAW GROUP CO., LTD.
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCTS OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 SWOT ANALYSIS
- 12.8.6 KEY STRATEGIES
12.9 CUMMINS INC.
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCTS OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 SWOT ANALYSIS
- 12.9.6 KEY STRATEGIES
12.10 DETROIT DIESEL CORPORATION
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 PRODUCTS OFFERED
- 12.10.4 KEY DEVELOPMENTS
- 12.10.5 SWOT ANALYSIS
- 12.10.6 KEY STRATEGIES

13 APPENDIX

13.1 REFERENCES
13.2 RELATED REPORTS