Internal Combustion Engine Market Scope, Analysis, and Trends by 2031
Internal Combustion Engine Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 59,807.81 million |
Market Size by 2031 | US$ 84,170.16 million |
Global CAGR (2023 - 2031) | 4.4% % |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Fuel Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Internal Combustion Engine Market News and Recent Developments
The Internal Combustion 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 innovations, business expansion, and strategies:
- In May 2022, Caterpillar Inc. announced a three-year project with Minnesota-based District Energy St. Paul to demonstrate a hydrogen-driven combined heat and power system. (Source: Caterpillar Inc., Press Release/Company Website/Newsletter)
- In May 2024, Cummins Inc. announced the initiation of production of its hydrogen internal combustion engines for Tata Motors in Jamshedpur, India. (Source: Cummins Inc., Press Release/Company Website/Newsletter)
Internal Combustion Engine Market Report Coverage and Deliverables
The “Internal Combustion Engine Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering the following areas:
- Internal Combustion Engine Marketsize 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
- Internal Combustion Engine Market Trends
- Detailed PEST and SWOT analysis
- Internal Combustion Engine Market analysis covering key market trends, Global and regional framework, major players, regulations, and recent market developments
- Internal Combustion Engine Industry, landscape and competition analysis, covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles