Press release
Industrial Engine Market to Reach a Valuation of US$ 158 Billion by 2031
According to the latest insights from Persistence Market Research, global industrial engine sales will be valued at over US$ 158 billion in 2021, with a stable long-term forecast.Industrial Engines Market - Reporting Scope
Persistence Market Research recently published a report on the global industrial engine market. The report provides a detailed assessment of key market dynamics such as drivers, trends, opportunities, and restraints along with detailed information on the market structure. This market research report provides exclusive facts and figures on how the market will grow during the forecast period of 2021 to 2031.
Key indicators of market background such as value chain analysis and supply chain, compound annual growth rate (CAGR) and year-over-year growth (YoY) of the market are explained in a comprehensive manner in the study by Persistence Market Research. This information can help readers understand the forecast of quantitative development of the market over the forecast period.
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This research is relevant to stakeholders in the market as well as manufacturers, distributors, suppliers and investors as it can help understand applicable strategies to grow in the market. Stakeholders, investors, industry experts, researchers and journalists as well as business researchers in the industrial engine market can benefit from the information and statistics presented in this research report.
The report contains facts and figures pertaining to macro and microeconomic factors influencing market growth. The study also provides actionable insights based on future trends in the global industrial engine market. Additionally, regional players and new entrants in the market can use the information presented in this report to make business decisions and gain momentum in this space.
Key market segments
Persistence Market Research's study of the global industrial engines market is divided into four major segments: engines, fuels, cooling, operations, end-use industries, and regions. This report provides comprehensive data and information on important market dynamics and growth parameters related to these categories.
Engine
50HP -
500HP 500HP - 10,000HP 10,000HP
and above
Fuel
diesel
gasoline
Cooling
Air
Cooled water cooled
Work
2 stroke
4 stroke
End-use industry
Power generation
General manufacturing
Oil and gas industry
Marine industry
Agricultural/off-road vehicle
construction industry
Mining and metallurgical industry
Area
North America
Latin America
Europe
East
Asia South Asia and Pacific
MEA
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Key questions answered in the report
Which region is expected to hold a prominent market share during the forecast period?
What are the key driving factors fueling the demand for industrial engines during the forecast period?
How will current trends affect the market?
Who are the important players in the industrial engine market?
What are the important strategies of prominent players to expand their position in this environment?
Research methodology
Persistence Market Research's report conducts a comprehensive study on the evolution of the Industrial Engines market and utilizes a proprietary research methodology to reach conclusions on the future growth factors of the market. In this research methodology, analysts utilize secondary and primary research to ensure the accuracy and reliability of conclusions.
Secondary resources include the World Bank, IMF, US Energy Information Administration, International Energy Agency, regional and regional government websites, white papers, trade journals, external and internal databases. To provide insightful information, the analysts closely interviewed several industry experts, such as sales supervisors, sales operations managers, product portfolio managers, senior managers, market intelligence managers, marketing/product managers, engineering managers, and production managers.
In order to make Persistence Market Research's forecasts of the market's growth prospects more accurate and reliable, comprehensive information obtained from primary and secondary sources is verified from companies operating in the industrial engine market.
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About us:
Expert analysis, actionable insights, and strategic recommendations - the industrial automation team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on IT & Telecommunications of which 100+ reports specific for IT & Telecommunications. The team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the IT & Telecommunications industry.
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