The Commercial Internal Combustion Engines Global Market Report 2023, provides comprehensive information on the commercial internal combustion engines market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Commercial Internal Combustion Engines Global Market Report 2023, the market size is expected to grow from $209.30 billion in 2022 to $226.86 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global commercial internal combustion engines market is expected to reach $298.42 billion in 2027 at a CAGR of 7.1%.
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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 commercial internal combustion engines market 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
Top 5 Major Players:
Asia-Pacific was the largest region in the commercial internal combustion engines market in 2022.
Table of contents:
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
…..
26. Africa Commercial Internal Combustion Engines Market
27. Commercial Internal Combustion Engines Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Commercial Internal Combustion Engines Market
29. Commercial Internal Combustion Engines Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Commercial Internal Combustion Engines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Commercial Internal Combustion Engines Market, Segmentation By Power Output, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Commercial Internal Combustion Engines Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
….
Table 46: Toyota Motor Corporation Financial Performance
Table 47: Ford Motor Company Financial Performance
Table 48: MAN SE Financial Performance
Table 49: Renault SA Financial Performance
Table 50: Mitsubishi Heavy Industries Financial Performance
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