Global Industrial Engines Are Expected To Grow At A CAGR Of 4.93% From 33775.5 Million USD In 2017
Wednesday, 26 Dec, 2018
The Industrial Engines are expected to grow at a CAGR of 4.93% from 33775.5 million USD in 2017 to reach 49650.1 million USD by 2025 in global market. The Industrial Engines market is very fragment market; the revenue of top fifteen manufacturers accounts about 47% of the total revenue in 2017. The high-end products mainly come from USA and Europe.
The leading manufactures mainly are Caterpillar, Yanmar, John Deere, Weichai and Cummins. Caterpillar is the largest manufacturer; its revenue of global market exceeds 7% in 2017.
There are mainly two type product of Industrial Engines market: Diesel Engines and Gasoline Engines.
Geographically, the global Industrial Engines market has been segmented into North America, Europe, China, Japan, India, Southeast Asia, and RoW. The China held the largest share in the global market, its revenue of global market exceeds 34% in 2017. The next is North America.