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Commercial Internal Combustion Engines Market Insights 2025-2034: Growth Forecast and Strategic Priorities

07-01-2025 04:54 PM CET | Industry, Real Estate & Construction

Press release from: The Business Research Company

Commercial Internal Combustion Engines

Commercial Internal Combustion Engines

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Commercial Internal Combustion Engines Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Significant growth has been observed in the market size of commercial internal combustion engines in the past few years. The market is projected to expand from $225.27 billion in 2024 to $242.1 billion in 2025, representing a compound annual growth rate (CAGR) of 7.5%. Factors contributing to this growth during the historic period include infrastructure development, global trade and transportation demands, regulatory standards for controlling emissions, variation in industrial applications, and the affordability and accessibility of these engines.

Commercial Internal Combustion Engines Market Size Forecast: What's the Projected Valuation by 2029?
Expectations are high for the commercial internal combustion engines market size to experience significant growth in the coming years. It is projected to increase to $312.53 billion in 2029, with a compound annual growth rate (CAGR) of 6.6%. This anticipated growth can be associated with numerous global infrastructure projects, changing emissions standards, challenges linked to energy transition, the use of substitute fuels, and resilience in particular applications. Key trends over the forecast period entail the implementation of enhanced engine management systems, emphasis on sustainable and environmentally-friendly technologies, progress in the production of high-performance engines, improvements in engine durability and lifespan, and the international expansion of commercial vehicle manufacturing.

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What Are the Drivers Transforming the Commercial Internal Combustion Engines Market?
The rising need for fuel-economical vehicles is anticipated to drive the expansion of the commercial internal combustion engine market. Such vehicles are defined as those offering 27 miles per gallon or more in terms of highway fuel economy. The fuel efficacy of a vehicle is chiefly determined by the velocity and timing of internal combustion engines, which offer significant drivability and longevity. Consequently, the burgeoning demand for fuel-economical vehicles will augment the need for the commercial internal combustion engine market. For example, the Environmental Protection Agency (EPA) found that by 2023, real-world fuel economy in the US grew by 0.6 miles per gallon (mpg) to an unprecedented high of 26.0 mpg. This progress signifies the most significant single-year leap in fuel economy and CO2 emission rates in almost a decade. Therefore, the growing demand for fuel-economical vehicles is steering the demand for the commercial internal combustion engine market.

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What Long-Term Trends Will Define the Future of the Commercial Internal Combustion Engines Market?
The predominant trend emerging in the commercial internal combustion engine market is product innovation. A host of major businesses in this market are intensifying their efforts on devising new solutions as they aim to boost their respective market shares. As an illustration of this, JCB Power Systems Ltd., a company based in the UK that designs and manufactures industrial diesel engine solutions, rolled out a hydrogen combustion engine in February 2023. This engine, crafted using combustion technology, offers a cost-effective, zero-emission alternative that produces no CO2 at the point of operation. JCB's hydrogen-fueled engine holds several benefits over diesel or petrol counterparts. During operation, the hydrogen fuel utilized in the engine generates only steam, with no CO2 emissions. In addition, the hydrogen-powered JCB prototype backhoe loader maintains all the functionality of its diesel-powered companion.

Which Segments in the Commercial Internal Combustion Engines Market Offer the Most Profit Potential?
The commercial internal combustion engines market covered in this report is segmented -

1) By Type: Petroleum, Natural Gas
2) By Power Output: 100-300 kW, 300-500 kW, 0.5-1 MW, 1-5 MW, 5-15 MW, 15-25 MW, 25 MW And Above
3) By Application: Marine, Automotive, Aircraft, Other Applications

Subsegments:
1) By Petroleum: Diesel Engines, Gasoline Engines, Dual-Fuel Engines
2) By Natural Gas: Compressed Natural Gas (CNG) Engines, Liquefied Natural Gas (LNG) Engines, Biogas Engines

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Which Firms Dominate the Commercial Internal Combustion Engines Market by Market Share and Revenue in 2025?
Major companies operating in the commercial internal combustion engines market include Toyota Motor Corporation, Ford Motor Company, MAN SE, Renault S.A., Mitsubishi Heavy Industries Ltd., General Motors Company, Fiat Chrysler Automobiles N.V., Caterpillar Inc., Rolls-Royce Holdings plc, Mahindra & Mahindra Limited, Robert Bosch GmbH, AGCO Corporation, Volkswagen AG, Yanmar Co. Ltd., Kawasaki Heavy Industries Ltd., Ashok Leyland Limited, Raytheon Technologies Corporation, General Electric Company, Cummins Inc., China Shipbuilding Industry Corporation, China State Shipbuilding Corporation, Mitsui E&S Holdings Co. Ltd., Daihatsu Motor Co. Ltd., Hyundai Motor Company, STX Engine Co. Ltd., Weichai Power Co. Ltd., Hitachi Zosen Corporation, IHI Corporation, Doosan Corporation, Wärtsilä Corporation, DEUTZ AG, Scania AB, Volvo Penta AB, Deere & Company, Kohler Co., Briggs & Stratton Corporation, Honda Motor Co. Ltd., Yamaha Motor Co. Ltd., Suzuki Motor Corporation, Isuzu Motors Limited, Hino Motors Ltd., Navistar International Corporation

Which Regions Offer the Highest Growth Potential in the Commercial Internal Combustion Engines Market?
Asia-Pacific was the largest region in the commercial internal combustion engines market in 2024. The regions covered in the commercial internal combustion engines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

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Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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