Press release
Commercial Internal Combustion Engines Market Outlook 2024: Exclusive Report By The Business Research Company | Toyota Motor Corporation, Ford Motor Company, MAN SE, Renault S.A., Mitsubishi Heavy Industries Ltd., General Motors Company, Fiat Chrysler Aut
Commercial Internal Combustion Engines Market Size
The Business Research Company offers in-depth market insights through Commercial Internal Combustion Engines Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The commercial internal combustion engines market size has grown strongly in recent years. It will grow from $211.29 billion in 2023 to $227.19 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to infrastructure development, global trade and transportation needs, regulatory standards and emissions control, diversity in industrial applications, affordability and accessibility..
The commercial internal combustion engines market size is expected to see strong growth in the next few years. It will grow to $298.13 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to global infrastructure projects, evolving emission standards, energy transition challenges, adoption of alternative fuels, resilience in specific applications.. Major trends in the forecast period include adoption of advanced engine management systems, focus on sustainable and eco-friendly technologies, development of high-performance engines, enhancements in engine durability and longevity, globalization of commercial vehicle production..
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=9643&type=smp
Market Segmentation:
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
Major Driver - Demand For Fuel Efficiency Driving Growth In Commercial Internal Combustion Engine Market
The increasing demand for fuel-efficient vehicles is expected to propel the growth of the commercial internal combustion engine market going forward. Fuel-efficient vehicle refers to a vehicle that has 27 miles per gallon or higher of highway fuel economy. The fuel efficiency of a vehicle depends upon the speed and timing of internal combustion engines, which provide outstanding drivability and durability. Hence, the increasing demand for fuel-efficient vehicles will increase the demand for the commercial internal combustion engine market. For instance, according to International Energy Agency, a France-based autonomous intergovernmental organization, in 2021, 92% of light-duty vehicle sales worldwide were powered by fossil fuels while electric vehicles accounted for the remaining 6.8 million sales (including battery electric and plug-in hybrid vehicles). Also, the global sales of hydrogen-powered fuel cell electric vehicles totalled about 16 000. By the end of the decade, around 60% of new light-duty vehicle sales will be electric. Therefore, the increasing demand for fuel-efficient vehicles is driving the demand for the commercial internal combustion engine market.
Competitive Landscape:
Major companies operating in the commercial internal combustion engines market report are 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., MTU Aero Engines GmbH, 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 .
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/commercial-internal-combustion-engines-global-market-report
Top Trend - Product Innovations In The Commercial Internal Combustion Engine Market
Product innovations are the key trend gaining popularity in the commercial internal combustion engine market. Major companies operating in the commercial internal combustion engine market are focused on developing new solutions to increase their share in the market. For instance, in February 2023, JCB Power Systems Ltd., a UK-based developer, and manufacturer of industrial diesel engine solutions, launched a hydrogen combustion engine. The hydrogen combustion engine is developed based on combustion technology and it provides an inexpensive, emissions-free alternative resulting in zero CO2 emissions at the point of use. JCB's hydrogen engine has several advantages over diesel or gasoline alternatives. At the time of usage, the hydrogen fuel used in the engine produces just steam and no CO2 emissions. Also, the hydrogen-powered JCB prototype backhoe loader can carry out all the functions of its diesel-powered version.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Commercial Internal Combustion Engines Market Characteristics
3. Commercial Internal Combustion Engines Market Trends And Strategies
4. Commercial Internal Combustion Engines Market - Macro Economic Scenario
5. Commercial Internal Combustion Engines Market Size And Growth
…..
27. Commercial Internal Combustion Engines Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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 Commercial Internal Combustion Engines Market Outlook 2024: Exclusive Report By The Business Research Company | Toyota Motor Corporation, Ford Motor Company, MAN SE, Renault S.A., Mitsubishi Heavy Industries Ltd., General Motors Company, Fiat Chrysler Aut here
News-ID: 3424876 • Views: …
More Releases from The Buisness Research Company
Image Recognition Industry - Key Market Dynamics and Trends 2024-2033
The image recognition market size has grown rapidly in recent years. It will grow from $46.53 billion in 2023 to $54.54 billion in 2024 at a compound annual growth rate (CAGR) of 17.2%. The growth in the historic period can be attributed to rise in advances in deep learning and neural networks, growth in computer vision technologies, increase in image data availability, adoption of image recognition in healthcare,…
Overnight Face Mask Market Report 2024: Market Insights
The overnight face mask market size has grown strongly in recent years. It will grow from $23.62 billion in 2023 to $25.56 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to skin care trends, marketing and influencers, increasing disposable income, consumer education.
The overnight face mask market size is expected to see strong growth in the…
Non-fungible Token Market Report 2024: Market Dynamics
The non-fungible token market size has grown exponentially in recent years. It will grow from $30.54 billion in 2023 to $43.22 billion in 2024 at a compound annual growth rate (CAGR) of 41.5%. The growth in the historic period can be attributed to digital art boom, celebrity and brand endorsements, crypto enthusiast participation.
The non-fungible token market size is expected to see exponential growth in the next few years.…
Mobile Money Market Report 2024: Market Overview
The mobile money market size has grown exponentially in recent years. It will grow from $10.68 billion in 2023 to $13.2 billion in 2024 at a compound annual growth rate (CAGR) of 23.5%. The growth in the historic period can be attributed to mobile penetration and connectivity, financial inclusion initiatives, government support and regulations, emergence of mobile banking and payments, user convenience and accessibility, security and trust building…
More Releases for Engine
Global Aero-engine Market Study 2019-2025 by Segment (Piston Engine, Gas Turbine …
MarketResearchNest Reports adds “Global Aero-engine Market Study 2015-2025, by Segment (Piston Engine, Gas Turbine Engine, Other Engine), by Market (Commercial Aircrafts, Military AircraftsGas Turbine Engine), by Company (Pratt & Whitney, GE, Rolls-Royce)” new report to its research database. The report spread across 67 pages with multiple tables and figures in it.
Snapshot
An aero-engine or aircraft engine is the component of the propulsion system for an aircraft that generates mechanical power.…
Aircraft Engine Fuel Systems Market Report 2018: Segmentation by Type (Jet Engin …
Global Aircraft Engine Fuel Systems market research report provides company profile for Triumph Group, GKN Plc, Honeywell International, Zodiac Aerospace, Meggitt, Eaton Corporation, Parker Hannifin, United Technologies and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to…
V Engine Market Report 2018: Segmentation by Product (V2-V10 Engine, V10-V20 Eng …
Global V Engine market research report provides company profile for Ford, Volkswagen, Ferrari, Lamborghini, Mercedes-Benz, BMW, Porsche, Harley-Davidson, Rolls Royce, GM, Jaguar Land Rover, Dodge and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc.…
Vehicle Engine and Engine Parts Market : Global Snapshot Analysis to 2020
A new research study titled, “Market” has been added to the comprehensive repository of Orbis Research.
Global vehicle engine and engine parts manufacturing market is currently in a very crucial phase of transformation. Low oil prices and increased economic activity because of a rise in disposable income drove the vehicle engine and engine parts manufacturing market. This trend was mainly driven by countries in Asia, South America, and Africa where…
Engine Mounts and Engine Global Market by Engine Mount & Data Validation, Foreca …
According to Publisher, the Global Engine Mounts and Engine market is expected to grow from $62.36 billion in 2015 to reach $97.45 billion by 2022 with a CAGR of 6.58%. The rising demand for comfort vehicles and high power engine cars, growing demand for high quality natural rubber, with high load transport capability engines are the factors driving the automotive engine market. Increasing demand for engine downsizing with high engine…
Global Aircraft Engines Market In Japan: By Aircraft Type - Turboprop Engine, Tu …
Researchmoz added Most up-to-date research on "Global Aircraft Engines Market In Japan: By Aircraft Type - Turboprop Engine, Turbofan Engine, Turboshaft Engine & Piston Engine" to its huge collection of research reports.
The global Aircraft Engines market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2017, growing at a CAGR of XX% between 2016 and 2022.
Japan plays an important…
