High Speed Engine Market Scope And Analysis

  • Report Code : TIPRE00020182
  • Category : Energy and Power
  • Status : Published
  • No. of Pages : 173
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High-Speed Engine Market Scope and Key Players Analysis by 2030

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High-Speed Engine Market Report Scope

Report Attribute Details
Market size in 2022 US$ 24.71 Billion
Market Size by 2030 US$ 36.28 Billion
Global CAGR (2022 - 2030) 4.9%
Historical Data 2020-2021
Forecast period 2022-2030
Segments Covered By Speed
  • 1000-1500 rpm
  • 1500-1800 rpm
  • Above 1800 rpm
By Power Output
  • Less than 2 MW
  • 2-4 MW
  • Above 4 MW
By End User
  • Marine
  • Power Generation
  • Railway
  • Oil and Gas
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • AB Volvo
  • Caterpillar Inc
  • Cummins Inc
  • MAN Energy Solutions SE
  • Mitsubishi Heavy Industries Ltd
  • Rolls Royce Holdings Plc
  • Weichai Heavy Machinery Co Ltd
  • Yanmar Holdings Co Ltd
  • and Doosan Infracore Co Ltd
  • High-Speed Engine Market News and Recent Developments

    The High-Speed Engine Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for high-speed engine and strategies:

    • In January 2024, MAN Energy Solutions and Karpowership have signed a contract for the delivery of a total of 48 dual-fuel engines for Karpowership’s fleet of power plant ships (Powerships). The engine order consists of MAN 18V51/60DF dual-fuel engines with a mechanical output of 20.7 MW each. (Source: https://www.man-es.com/company/press-releases/press-details/2024/01/12/man-energy-solutions-and-karpowership-signed-a-contract-for-48-dual-fuel-engines)
    • In September 2022, Rolls-Royce has received an order from Armon, the Spanish shipyard, to supply nine mtu Hybrid PropulsionPacks for nine new ships of the leading Italian high-speed maritime passenger transport company—Liberty Lines. The contract was officially signed during the SMM international shipping exhibition in Hamburg. The vessels are scheduled to enter service between 2023 and 2026. The construction of an optional nine additional ships is planned for delivery between 2027 and 2030. (Source: https://www.rolls-royce.com/media/press-releases/2022/08-09-2022-rr-receives-order-for-9-mtu-hybrid-propulsionpacks-for-9-new-liberty-lines-fast-crafts.aspx)

    High-Speed Engine Market Report Coverage and Deliverables

    The “High-Speed Engine Market Size and Forecast (2022–2030)” report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles