North America Engines Market Revenue to Hit $3.7 billion by 2023 - PowerPoint PPT Presentation

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North America Engines Market Revenue to Hit $3.7 billion by 2023

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[102 Pages Report The global North America engines market is projected to reach USD 3.7 billion by 2023, at a CAGR of 4.52% from an estimated USD 2.9 billion in 2018. This growth can be attributed to the demand for reliable and uninterrupted power supply and commercial vessels. The rise in demand for commercial vessels is due to the increase in seaborne trade. To know more - – PowerPoint PPT presentation

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Title: North America Engines Market Revenue to Hit $3.7 billion by 2023


1
North America Engines Market by Type (Power
Generation - Emergency Standby, Prime Power,
Peak Shaving Marine - Recreational,
Commercial), Power Rating (0-60 HP,61-100
HP,101-300 HP,301-500 HP,501-700 HP, above 700
HP), Country Forecast to 2023
www.MarketsandMarkets.com
2
Power generation engines segment, by type, is
expected to hold the largest share of the North
America engines market during the forecast
period. The North America engines market, by
type, has been classified into power generation
and marine applications. The power generation
segment includes emergency standby, prime
power, peak shaving, and the marine segment
includes recreational and commercial. Power
outages and growing customer preference toward
intermittent power supply, growing demand for
natural gas and mobile engines are expected to
drive the power generation North America engines
market. The emergency standby generators are
the most attractive application due to numerous
events hosted by the respective nations as well
as grid maintenance activities. PDF Brochure
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asp?id155149693

3
Above 700 HP segment of the North America engines
market, by power rating, is expected to be the
largest market during the forecast period. Above
700 HP segment led the North America engines
market in 2018 and is estimated to be the largest
market during the forecast period. The main
production growth is projected to come from
natural gas units because of increase in shale
gas production in the US and gas from oil sands
in Canada. Increasing demand from the offshore
and industrial applications in the US and Canada
is expected to drive the above 700 HP segment
during the forecast period. The above 700 HP
segment is projected to experience a slower
growth during the forecast period due to
investments uncertainties in the oil gas
industry. Request for Customization
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zationNew.asp?id155149693
4
Browse gtgt 50 market data
tables 23 figures
102 pages and in-depth TOC on North
America Engines Market - Global Forecast to
2023 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
5
US The leading North America engines market In
this report, the North America engines market has
been analyzed with respect to 2 countriesthe US
and Canada. The US led the North America engines
market in 2018. Bi-fuel generators offer
advantages of both gas generators and diesel
generators and improve the reliability of standby
power system. Most of the time, bi-fuel
generators run on gas but in case of emergency,
it can run on 100 diesel also. Request Sample _at_
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.asp?id155149693
6
  • To enable an in-depth understanding of the
    competitive landscape, the report includes the
    profiles of some of the top players in the North
    America engines market. The key players include
  • Key players -
  • Cummins (US),
  • Caterpillar (US),
  • Wärtsilä (Finland),
  • Rolls-Royce (UK),
  • John Deere (US),
  • Yanmar (Japan),
  • Mitsubishi Heavy Industries (Japan), etc.
  • Buy Now -
  • https//www.marketsandmarkets.com/Purchase/purchas
    e_reportNew.asp?id155149693

7
ContactMr. Shelly SinghMarketsandMarkets
INC.630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.com
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