엔진 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측, 속도 유형별, 정격 출력별, 유형별, 최종사용자별, 지역별 부문, 경쟁(2020-2030년)
Engines Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Speed Type, By Power Rating, By Type, By End-User, By Region & Competition, 2020-2030F
상품코드:1691723
리서치사:TechSci Research
발행일:2025년 03월
페이지 정보:영문 180 Pages
라이선스 & 가격 (부가세 별도)
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한글목차
엔진 세계 시장 규모는 2024년 2,007억 8,000만 달러로 평가되었고, 예측 기간 동안 3.20%의 연평균 복합 성장률(CAGR)로 2030년에는 2,447억 3,000만 달러에 달할 것으로 예상됩니다.
엔진 시장은 자동차, 항공우주, 해양, 산업기계, 발전 등 다양한 용도에 사용되는 엔진의 설계, 제조, 유통, 서비스에 관여하는 전 세계 산업을 포괄합니다. 엔진은 연료나 에너지 원을 운동이나 전기로 변환하여 기계적인 동력의 1차 동력원으로 작용합니다. 이 시장에는 내연기관(ICE), 가스 터빈, 증기 엔진, 전기 추진 시스템 등 다양한 유형의 엔진이 있으며, 각 엔진은 특정 산업 및 상업적 요구를 충족시킵니다. 엔진의 광범위한 채택은 운송, 산업 자동화 및 에너지 효율에 대한 수요 증가로 인해 주도되고 있습니다. 자동차 산업은 승용차 및 상용차 생산량 증가로 인해 저연비 및 저배출 엔진 기술의 발전이 필요하기 때문에 여전히 주요한 기여를 하고 있습니다.
Global Engines Market was valued at USD 200.78 billion in 2024 and is expected to reach USD 244.73 billion by 2030 with a CAGR of 3.20% during the forecast period. The Engines Market encompasses the global industry involved in the design, manufacturing, distribution, and servicing of engines used across diverse applications, including automotive, aerospace, marine, industrial machinery, and power generation. Engines serve as the primary source of mechanical power, converting fuel or energy sources into motion or electricity. This market includes various engine types, such as internal combustion engines (ICE), gas turbines, steam engines, and electric propulsion systems, each catering to specific industrial and commercial needs. The widespread adoption of engines is driven by growing demand for transportation, industrial automation, and energy efficiency. The automotive sector remains a key contributor, with increasing production of passenger and commercial vehicles necessitating advancements in fuel-efficient and low-emission engine technologies.
Market Overview
Forecast Period
2026-2030
Market Size 2024
USD 200.78 Billion
Market Size 2030
USD 244.73 Billion
CAGR 2025-2030
3.20%
Fastest Growing Segment
Medium Speed
Largest Market
North America
Key Market Drivers
Rising Demand for Fuel-Efficient and Low-Emission Engines
The global Engines Market is experiencing significant growth, driven by the increasing demand for fuel-efficient and low-emission engines across various industries, including automotive, aerospace, marine, and industrial applications. Governments worldwide are implementing stringent emission regulations to curb pollution, pushing manufacturers to develop advanced engines with lower carbon footprints. The adoption of hybrid and electric powertrain technologies has accelerated innovation in combustion engine design, leading to improvements in fuel efficiency and reduced greenhouse gas emissions. Automotive manufacturers are integrating turbocharging, direct fuel injection, and lightweight materials to enhance engine efficiency while meeting environmental standards. In addition, the marine and aviation industries are transitioning towards next-generation engines that comply with the International Maritime Organization (IMO) and International Civil Aviation Organization (ICAO) emission norms, fueling the demand for eco-friendly propulsion systems.
Key Market Challenges
Stringent Emission Regulations and Compliance Costs
The Engines Market faces a significant challenge due to increasingly stringent emission regulations worldwide, particularly in developed regions like North America and Europe. Governments and environmental agencies, such as the Environmental Protection Agency (EPA) and the European Union (EU) Emission Standards, are enforcing stricter limits on carbon emissions, nitrogen oxides (NOx), and particulate matter. These regulations compel engine manufacturers to invest heavily in research and development (R&D) to design engines that comply with evolving emission norms while maintaining efficiency and performance. The transition towards cleaner engines involves the adoption of advanced technologies such as turbocharging, exhaust gas recirculation (EGR), selective catalytic reduction (SCR), and diesel particulate filters (DPF). However, implementing these technologies increases production costs, making it challenging for manufacturers to balance regulatory compliance with affordability.
Shifting regulatory frameworks add uncertainty to long-term planning, as standards are frequently updated or revised, requiring continuous investment in redesigning engine components and emission control systems. Compliance costs are particularly burdensome for small and mid-sized manufacturers that lack the financial resources to develop cleaner engine solutions at the pace required by regulations. Furthermore, the rise of alternative propulsion technologies, such as electric and hydrogen-powered engines, is pressuring traditional internal combustion engine (ICE) manufacturers to accelerate innovation, often requiring additional capital investment in hybrid or alternative fuel-compatible engines. This challenge is particularly evident in industries such as automotive, aerospace, marine, and heavy equipment, where engine efficiency and durability are critical. The need for low-emission and high-performance engines is creating pressure on manufacturers to shift towards hybrid and fully electric alternatives, further intensifying the cost burden. Moreover, consumer demand for fuel-efficient vehicles and government incentives promoting clean energy adoption are pushing traditional engine manufacturers into a competitive environment where they must not only meet emission standards but also ensure affordability and reliability.
Key Market Trends
Shift Towards Electrification and Hybridization
The engines market is undergoing a significant transformation with the growing shift toward electrification and hybridization across various industries, particularly in automotive, aerospace, and marine applications. Stricter global emissions regulations, such as Euro 7, EPA Tier 4, and China VI, are pushing manufacturers to develop cleaner and more fuel-efficient engines. Hybrid powertrains, which combine internal combustion engines (ICEs) with electric motors, are gaining traction as an intermediary solution before full electrification. Automakers are increasingly investing in plug-in hybrid (PHEV) and mild-hybrid (MHEV) technologies, allowing for lower emissions and improved fuel efficiency. In the aerospace industry, the adoption of electric propulsion systems is expanding, with companies like Rolls-Royce, Airbus, and Boeing exploring hybrid-electric and fully electric aircraft engines.
Key Market Players
Caterpillar Inc.
Wartsila Corporation
Cummins Inc.
Man Energy Solutions
Siemens Energy
Mitsubishi Heavy Industries Ltd.
Kawasaki Heavy Industries Ltd.
Liebherr
Hyundai Heavy Industries Co. Ltd.
Rolls-Royale Holdings
Report Scope:
In this report, the Global Engines Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Engines Market, By Speed Type:
High Speed
Medium Speed
Low Speed
Engines Market, By Power Rating:
Below 100 hp
101-500 hp
501-1000 hp
Above 1000 hp
Engines Market, By Type:
Internal Combustion engine
External Combustion engine
Reciprocating Engine
Rotary Engine
Air Cooled Engine
Others
Engines Market, By End-User:
Power Generation
Marines
Locomotives
Mining
Oil & Gas
Construction
Others
Engines Market, By Region:
North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia-Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE
Kuwait
Turkey
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the Global Engines Market.
Available Customizations:
Global Engines Market report with the given Market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional Market players (up to five).
Table of Contents
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Formulation of the Scope
2.4. Assumptions and Limitations
2.5. Sources of Research
2.5.1. Secondary Research
2.5.2. Primary Research
2.6. Approach for the Market Study
2.6.1. The Bottom-Up Approach
2.6.2. The Top-Down Approach
2.7. Methodology Followed for Calculation of Market Size & Market Shares
2.8. Forecasting Methodology
2.8.1. Data Triangulation & Validation
3. Executive Summary
4. Voice of Customer
5. Global Engines Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Speed Type (High Speed, Medium Speed and Low Speed)
5.2.2. By Power Rating (Below 100 hp,101-500 hp, 501-1000 hp and Above 1000 hp)
5.2.3. By Type (Internal Combustion engine, External Combustion engine, Reciprocating Engine, Rotary Engine, Air Cooled Engine and others)
5.2.4. By End-User (Power Generation, Marines, Locomotives, Mining, Oil & Gas, Construction and Others)