Emerging Trends Influencing The Growth Of The Heavy Duty Engines Market: Cummins Unveils Next-Generation HELM 15-Liter Diesel Engine

The Heavy Duty Engines Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Heavy Duty Engines Market?
The market size for heavy-duty engines has witnessed notable growth in the past. It is projected to increase from $52.14 billion in 2024 to $55.59 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.6%. The historic growth surge is linked to the growth in infrastructure and construction, compliance with emission regulation norms, the need for fuel-efficient vehicles, the globalization of trade and transportation, and an increase in the sizes and capacities of vehicles.

Predictions for the heavy-duty engines market indicates robust expansion in the coming years. The market is set to increase to a value of $75.22 billion by 2029, with a CAGR of 7.9%. Factors contributing to this projected growth during the forecast period include an increased demand for cutting-edge materials, governmental incentives and support, durability and reliability concerns, a transition to alternative fuels, and the globalisation of trade and transportation. Upcoming trends for the duration of this period are set to be the electrification of powertrains, efficiency improvements in combustion engines, the incorporation of hybrid technologies, developments in engine management systems, and an emphasis on sustainable fuels.

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What Are the Different Heavy Duty Engines Market Segments?
The heavy duty engines market covered in this report is segmented -

1) By Vehicle Class: Class 7, Class 8
2) By Horsepower: Below 400HP, 400HP - 500HP, 500HP - 600HP, Above 600HP
3) By End-User: Agriculture, Mining, Construction, Transportation And Logistics, Other End Users

Subsegments:
1) By Class 7: Vehicles With A Gross Vehicle Weight Rating (GVWR) Of 26,001 To 33,000 Pounds, Medium-Duty Trucks, Buses, And Vocational Vehicles
2) By Class 8: Vehicles With A Gross Vehicle Weight Rating (GVWR) Of Over 33,000 Pounds, Heavy-Duty Trucks, Tractor-Trailers, And Larger Buses

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What Are the Primary Drivers Shaping the Heavy Duty Engines Market?
The heavy-duty engines market's growth is projected to be driven by the expansion in the construction industry. Construction encompasses the process, creativity, and techniques involved in building various structures, such as residential, institutional, commercial edifices, and specific industrial constructions. Heavy-duty engines are critically employed in large-scale construction endeavors to create concrete mixes and transport substantial loads that form the entire structure. For example, the Make in India government initiative is directed at stimulating companies to create and produce Indian-made goods. The Indian construction and real estate industry is anticipated to hit a record 1 trillion USD by 2030 via this initiative. Furthermore, the construction and real estate sector's contribution to India's GDP is projected to hit 13% by 2025. Thus, the burgeoning construction industry is a key factor propelling the development of the heavy-duty engines market.

Which Companies Are Leading in the Heavy Duty Engines Market?
Major companies operating in the heavy duty engines market include Daimler AG, Mercedes-Benz, Caterpillar Inc., Deere & Company, Volvo Trucks Corporation, Mitsubishi Heavy Industries, PACCAR, Cummins Inc., Weichai Power Co. Ltd., Komatsu Ltd., Isuzu Motors Ltd., Kubota Corporation, Scania AB, MAN SE, Liebherr Group, Hino Motors Ltd., AGCO Corporation, YANMAR HOLDINGS CO. LTD., Navistar Inc., Wärtsilä Oyj Abp, Ashok Leyland Ltd., Rolls-Royce Power Systems AG, China Yuchai International Limited, Deutz AG, Doosan Infracore, Kirloskar Group, Perkins Engines Company Limited, J.C. Bamford Excavators Limited

What Are the Major Trends Shaping the Heavy Duty Engines Market?
Leading firms in the heavy-duty engines market are concentrating on forward-thinking solutions such as next-generation heavy-duty engines to boost efficiency, cut emissions, and adhere to changing industry standards. The concept of next-generation heavy-duty engines alludes to advanced powertrains tailored for commercial vehicles that augment fuel efficiency, lower emissions, and boost performance by integrating cutting-edge technologies and materials. For example, in March 2024, Cummins, a corporation based in the US that specializes in designing, manufacturing, and distributing engines, filtration systems, and power generation products, unveiled its future-generation HELM 15-liter diesel engine. This engine is in accordance with U.S. EPA and CARB 2027 regulations and is built on a fuel-agnostic platform, enabling it to run on diverse fuel types including biodiesel blends and renewable diesel, thus boosting efficiency and eco-friendliness. The HELM platform is anticipated to meet forthcoming emissions standards without major restructurings, establishing it as a key advancement in lifting performance and minimizing the environmental burden of heavy-duty engines.

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What Are the Top Revenue-Generating Geographies in the Heavy Duty Engines Market?
Asia-Pacific was the largest region in the heavy duty engines market in 2024. The regions covered in the heavy duty engines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Heavy Duty Engines Market?
2. What is the CAGR expected in the Heavy Duty Engines Market?
3. What Are the Key Innovations Transforming the Heavy Duty Engines Industry?
4. Which Region Is Leading the Heavy Duty Engines Market?

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