Press release
Global Industrial Engines Are Expected To Grow At A CAGR Of 4.93% From 33775.5 Million USD In 2017
Industrial Engines are applied on the equipments used in industries like Agriculture, Construction, Power Generation, etc. These engines generally have larger power than the engines used in vehicles.
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Global Industrial Engines Market: Forecast by Type / Application / Region
The major players in global Industrial Engines market include: Caterpillar, Yanmar, John Deere, Weichai, Cummins, DEUTZ, Yuchai, Kubota, Isuzu, Kohler Power, FTP Industrial, Volvo Penta, MAN, Toyota Industries, Power Solutions International (PSI).
On the basis of product, the Industrial Engines market is primarily split into: Diesel Engines, Gasoline Engines.
On the basis on the end users/applications, this report covers: Agriculture, Construction, Power Generation , Mining Industry, Oil & Gas, Rail & Transportation, Others.
The Industrial Engines are expected to grow at a CAGR of 4.93% from 33775.5 million USD in 2017 to reach 49650.1 million USD by 2025 in global market. The Industrial Engines market is very fragment market; the revenue of top fifteen manufacturers accounts about 47% of the total revenue in 2017. The high-end products mainly come from USA and Europe.
The leading manufactures mainly are Caterpillar, Yanmar, John Deere, Weichai and Cummins. Caterpillar is the largest manufacturer; its revenue of global market exceeds 7% in 2017.
There are mainly two type product of Industrial Engines market: Diesel Engines and Gasoline Engines.
Geographically, the global Industrial Engines market has been segmented into North America, Europe, China, Japan, India, Southeast Asia, and RoW. The China held the largest share in the global market, its revenue of global market exceeds 34% in 2017. The next is North America.
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Related Information:
United States Industrial Engines Market 2018 Forecast to 2023
Europe Industrial Engines Market 2018 Forecast to 2023
North America Industrial Engines Market 2018 Forecast to 2023
Asia-Pacific Industrial Engines Market 2018 Forecast to 2023
China Industrial Engines Market 2018 Forecast to 2023
EMEA Industrial Engines Market 2018 Forecast to 2023
Global Industrial Engines Market 2018 Forecast to 2023
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