The report offers detailed coverage of Reciprocating Engines industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Reciprocating Engines by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.
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.
The report forecast global Reciprocating Engines market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Reciprocating Engines market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
GE Energy
Clarke Energy
Siemens Energy
Rolls Royce Plc.
ABB Group
Baxi Group
Bosch Thermotechnology
Brush Electrical Machines
Burmeister & Wain Scandinavian Contractor AS
Veolia
ENER-G Combined Power Limited
Foster Wheeler AG
Turbomach S.A.
The Viessmann Group
At the same time, we classify Reciprocating Engines according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Single Cylinder
Multi Cylinder
Market by Application
Transportation
Energy
Oil & Gas
Other
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Reciprocating Engines market for the forecast period 2021 - 2025?
• What are the driving forces in the Reciprocating Engines market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Reciprocating Engines industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?