Learn about the global heavy duty engines market through The Business Research Company, which provides information on heavy duty engines market size, heavy duty engines market drivers and restraints, heavy duty engines market players, the COVID-19 impact on the heavy duty engines market, and more.

The global heavy duty engine market size is expected to grow from $41.99 billion in 2021 to $45.66 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The global heavy duty engines market size is expected to grow to $58.76 billion in 2026 at a CAGR of 6.5%.

The growing construction industry is expected to propel the growth of the heavy-duty engine market going forward.

Request A Sample For The Global Heavy Duty Engines Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6340&type=smp

The heavy-duty engine market consists of sales of heavy-duty engines by entities (organizations, sole traders, and partnerships) that are used in producing power for heavy engines for many sectors, such as marine, locomotive, and mechanical drive applications and electrical power generation. Heavy-duty engines refer to the engines that are used for heavy-duty vehicles. Heavy-duty vehicles usually have a gross vehicle weight of 10,000 pounds or more, which can be worked only with the help of heavy engines.

Global heavy duty engines market segments include:

By Vehicle Class: Class 7, Class 8

By Horsepower: Below 400HP, 400HP – 500HP, 500HP – 600HP, Above 600HP

By End-User: Agriculture, Mining, Construction, Transportation and Logistics, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the heavy duty engine market in 2021.

Technological advancements have emerged as a key trend gaining popularity in the heavy-duty engine market. Major companies operating in the market are introducing technological innovations to sustain their position in the market.

TBRC’s heavy duty engines market report covers:

Major Market Players: Cummins Inc., Caterpillar Inc., Volvo Trucks Corporation, Hino Motors Ltd., Mack Trucks Inc., Perkins, Detroit Diesel Corporation, PACCAR, Isuzu, Komatsu, Kirloskar, John Deere, Ashok Leyland Ltd, and Liebherr.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Heavy Duty Engines Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides heavy duty engines market overviews, analyzes and forecasts market size, share, heavy duty engines market players, heavy duty engines market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s heavy duty engines market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Small Gas Engine Global Market Report 2022

Vehicle Engine And Engine Parts Global Market Report 2022

Motor Vehicle Engine, Power Train & Parts Global Market Report 2022

Interested to know more about The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: