openPR Logo
Press release

High-speed Engine Market Worth $27.1 Billion by 2026

03-16-2021 06:52 AM CET | Energy & Environment

Press release from: MarketsandMarkets

According to the new market research report "High-Speed Engine Market by Speed (1000-1500 rpm, 1500-1800 rpm, and Above 1800 rpm), Power Output (0.5-1 MW, 1-2 MW, 2-4 MW, and Above 4 MW), End User (Power Generation, Marine, Railway, Mining and Oil & Gas, and Others), & Region - Global Forecast to 2026", published by MarketsandMarkets™, the global High-Speed Engine Market is projected to reach USD 27.1 billion by 2026 from an estimated USD 21.1 billion in 2021, at a CAGR of 5.1% during the forecast period. Rising demand for reliable and uninterrupted power, growth in international marine freight transport, and growth in maritime tourism are the major drivers of the High-Speed Engine Markets. Increased demand for backup power solutions are expected to be the major factor driving the growth of high-speed engines market during forecast period.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=45235297

Above 1800 rpm is expected to be the fastest growing High-Speed Engine Market by speed

The market for high-speed engines of above 1800 rpm is expected to be the fastest during the forecast period. High-speed engines are efficient and economical due to which the adoption of these engines for power outputs below 2 MW is expected to increase. This increased adoption is expected to be the major factor for growth in this area.

Browse in-depth TOC on "High-Speed Engine Market"

157– Tables
58 – Figures
210 – Pages

View Detailed Table of Content Here:
https://www.marketsandmarkets.com/Market-Reports/high-speed-engine-market-45235297.html

Power Generation segment is expected to capture the major share of the High-Speed Engine Market by end user

Power Generation segment by end user is expected to be the largest segment during forecast period. The power generation segment is projected to lead the High-Speed Engine Market during the forecast period. High-speed engines are commonly used for backup power solutions. To provide standby or continuous power supply to critical loads, the end users rely on high-speed diesel or gas engines. High-priority loads such as hospitals, data centers, and industries require a continuous uninterrupted source of power supply. Increased demand for continuous and reliable power to meet the growing energy demand is the major factor for the largest market share of the power generation segment.

Asia Pacific is expected to dominate the global High-Speed Engine Market

Rising demand for high-speed engines in China, and India are expected to drive the High-Speed Engine Market in Asia Pacific. Increasing electricity demand and industrialization projects in countries such as China, India, and Japan are the main reasons spurring the growth of the High-Speed Engine Market in the region. According to Asia Pacific Economic Cooperation Forum’s Energy Demand and Supply Outlook, energy demand in APAC is expected to grow by 21% to reach 6,562 Mtoe in 2050 due to the population growth in Southeast Asia. Thriving manufacturing sector in this region is expected to creaste demand for backup power solutions thereby contributing to demand for high-speed engines.

Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=45235297

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players, such as Caterpillar (US), Cummins (US), Rolls Royce Holdings (UK), Volvo Penta (Sweden), and MAN SE (Germany) along with other prominent manufacturers of high-speed engine.

Content Source: https://www.marketsandmarkets.com/PressReleases/high-speed-engine.asp

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com

About MarketsandMarkets™:
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release High-speed Engine Market Worth $27.1 Billion by 2026 here

News-ID: 2256780 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for Markets

Security Inks Markets Experts Tackle Technology, Markets, Supply Chain & More Fo …
"According to the research report, the global security inks market was valued at USD 3.37 billion in 2022 and is expected to reach USD 5.11 billion by 2032, to grow at a CAGR of 4.3% during the forecast period." Polaris Market Research recently launched the latest update on Security Inks Market: By Size, Latest Trends, Share, Huge Growth, Segments, Analysis and Forecast, 2032, that gives an extensive outlook of the market,
Nanocellulose: Global Markets
Summary: The global nanocellulose market totaled $REDACTED in 2021 and $REDACTED in 2022. Growing at a CAGR of REDACTED%, the market is expected to reach $REDACTED in 2027. Given the current state of ecological consciousness, it is challenging to disregard dangerous emissions from any industrial process or human activity due to their negative effects on the environment. Recently, several academics have expressed concern about the need to replace input materials with less-
01-18-2022 | Science & Education
SDKI
Contextual Advertising Markets
SDKI Inc. is a contextual advertising market research report aimed at providing a detailed analysis of several aspects of the market, including market growth drivers, opportunities, recent trends and challenges between 2018-2023. Was published on April 20, 2021. Report sample URL https://www.sdki.jp/sample-request-109951 The contextual advertising market is estimated to grow from US $ 125.79 billion in 2018 to US $ 297.68 billion by 2023 and is expected to grow at a CAGR of
01-12-2022 | Energy & Environment
SDKI
Distribution Automation Markets
SDKI Inc. is a power distribution automation market research report aimed at providing a detailed analysis of several aspects of the market, including market growth drivers, opportunities, recent trends and challenges between 2018-2023. Was published on April 14, 2021. Report sample URL https://www.sdki.jp/sample-request-109977 The distribution automation market is estimated to grow from US $ 11.82 billion in 2018 to US $ 16.81 billion by 2023, with a CAGR of 7.29% during the forecast
Research for Markets
This report studies the Global Light Management System Market, analyzes and researches the Light Management System development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like • GE (US) • Philips Lighting (Netherlands) • Eaton (Ireland) • Zumtobel (Austria) • OSRAM (Germany) Looking For More Information on This Market? Get Free Sample Report @ http://www.researchformarkets.com/sample/global-light-management-system-market-35079 Market segment by Regions/Countries,
Cellular M2M Markets
Consistent growth driven mainly by Automotive and Utilities This report analyses the overriding trends and changes taking place in the M2M market around the globe. It explores the driving forces behind the market’s growth and transformation, including an examination of major market trends, plus volume and value forecasts up to 2020 by region (4) and by country (25). It also presents the quantitative evolution of cellular modules, by application and by networking technology.