Please Wait.....
Report
Prime Power Reciprocating Power Generating Engine Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
Market Reprt I 2024-12-03 I 135 Pages I Global Market Insights
The Global Prime Power Reciprocating Power Generating Engine Market was valued at USD 16.9 billion in 2024 and is projected to grow at a CAGR of 4.5% during 2025-2034. This growth is primarily driven by the increasing need for reliable, constant power across several sectors, including industries, healthcare, data centers, and off-grid locations. These engines are highly regarded for their efficiency, longevity, and capacity to handle substantial power loads, making them a favored choice in power generation applications.
The energy and utility sector is expected to dominate the market, with revenues generating USD 10 billion by 2034. These engines are gaining traction as prime movers due to their ability to achieve impressive electrical efficiencies-over 50% in a single cycle and up to 70% in combined cycles. As investments in infrastructure grow and government-led electrification initiatives continue to expand, the demand for these engines is set to rise, further supporting the market's expansion.
The gas-powered segment of the market is forecast to grow at a CAGR of 5% through 2034. This is attributed to technological advancements that enhance engine performance and efficiency, as well as the increasing need to adhere to stringent environmental regulations. The growing global emphasis on renewable energy sources has also played a significant role in driving the demand for gas-fired engines, which offer benefits such as high translation, optimized elements, efficient combustion, and low maintenance. These attributes contribute to the broader adoption of these engines across various industries.
U.S. prime power reciprocating power generating engine market is anticipated to generate USD 3.8 billion by 2034. Factors contributing to this growth include the increasing need for uninterrupted power and the growing frequency of power disruptions due to extreme weather events. The strain on existing electrical grids, coupled with the rising electricity demand, has underscored the importance of these engines in providing a reliable backup power solution. Additionally, the growing demand for backup power in critical facilities, such as data centers, is driving the adoption of these engines. Increased awareness of the need for reliable power sources further boosts the market's growth prospects.
As industries and governments focus on ensuring energy efficiency and sustainability, the demand for prime power reciprocating power generating engines is expected to continue its upward trajectory, playing a crucial role in meeting the growing global energy demands.
Report Content
Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Market estimates & forecast parameters
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Public
Chapter 2 Executive Summary
2.1 Industry synopsis, 2021 - 2034
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Regulatory landscape
3.3 Industry impact forces
3.3.1 Growth drivers
3.3.2 Industry pitfalls & challenges
3.4 Growth potential analysis
3.5 Porter's analysis
3.5.1 Bargaining power of suppliers
3.5.2 Bargaining power of buyers
3.5.3 Threat of new entrants
3.5.4 Threat of substitutes
3.6 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
4.1 Introduction
4.2 Strategic outlook
4.3 Innovation & sustainability landscape
Chapter 5 Market Size and Forecast, By Fuel Type, 2021 - 2034 (Units, MW & USD Million)
5.1 Key trends
5.2 Gas-fired
5.3 Diesel-fired
5.4 Dual fuel
5.5 Others
Chapter 6 Market Size and Forecast, By Rated Power, 2021 - 2034 (Units, MW & USD Million)
6.1 Key trends
6.2 0.5 MW - 1 MW
6.3 > 1 MW - 2 MW
6.4 > 2 MW - 3.5 MW
6.5 > 3.5 MW - 5 MW
6.6 > 5 MW - 7.5 MW
6.7 > 7.5 MW
Chapter 7 Market Size and Forecast, By Application, 2021 - 2034 (Units, MW & USD Million)
7.1 Key trends
7.2 Industrial
7.3 CHP
7.4 Energy & utility
7.5 Landfill & biogas
7.6 Others
Chapter 8 Market Size and Forecast, By Region, 2021 - 2034 (Units, MW & USD Million)
8.1 Key trends
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 UK
8.3.2 France
8.3.3 Germany
8.3.4 Russia
8.3.5 Italy
8.3.6 Spain
8.3.7 Netherlands
8.3.8 Denmark
8.3.9 Norway
8.4 Asia Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 Australia
8.4.6 Thailand
8.4.7 Singapore
8.4.8 Indonesia
8.4.9 Malaysia
8.5 Middle East & Africa
8.5.1 UAE
8.5.2 Saudi Arabia
8.5.3 Qatar
8.5.4 Oman
8.5.5 Kuwait
8.5.6 Iran
8.5.7 Egypt
8.5.8 Turkey
8.5.9 Jordan
8.5.10 South Africa
8.6 Latin America
8.6.1 Brazil
8.6.2 Argentina
8.6.3 Chile
8.6.4 Peru
Chapter 9 Company Profiles
9.1 AB Volvo Penta
9.2 Caterpillar
9.3 Cummins
9.4 Deere & Company
9.5 DEUTZ AG
9.6 Kirloskar
9.7 KUBOTA Corporation
9.8 MITSUBISHI HEAVY INDUSTRIES
9.9 Perkins Engines Company
9.10 Rehlko
9.11 Rolls-Royce
9.12 Sulzer
9.13 Wartsila
9.14 YANMAR HOLDINGS
9.15 Yuchai International
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security