PUBLISHER: The Business Research Company | PRODUCT CODE: 1924044
PUBLISHER: The Business Research Company | PRODUCT CODE: 1924044
Reciprocating power generation engines are engines that generate heat and utilize one or more pistons to convert pressure into rotary motion. These engines operate by harnessing the expansion of gases to produce power.
The primary types of fuel used in reciprocating power generating engines include gas-fired, diesel-fired, dual fuel, and others. Gas-fired reciprocating power generating engines are employed as fuel for igniting the fire within the engines. While these engines have lower efficiency compared to diesel-fired ones due to their very low compression rates, they offer advantages such as lower initial costs and significant heat recovery potential. Reciprocating power generating engines are categorized by rated power into below 2MW, 2MW-5MW, and above 5MW. These engines find applications in various sectors, including industrial, combined heat and power (CHP), energy and utility, landfill and biogas, among others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have affected the reciprocating power generation engines market by increasing the cost of imported engine blocks, fuel system components, control electronics, and exhaust after-treatment materials. Industrial, utility, and CHP applications in North America and Europe face the greatest cost pressures due to dependence on globally sourced parts. However, tariffs are also encouraging regional manufacturing, supplier diversification, and innovation in efficient low-emission reciprocating engine designs, strengthening long-term energy resilience.
The reciprocating power generation engines market research report is one of a series of new reports from The Business Research Company that provides reciprocating power generation engines market statistics, including reciprocating power generation engines industry global market size, regional shares, competitors with reciprocating power generation engines market share, detailed reciprocating power generation engines market segments, market trends and opportunities, and any further data you may need to thrive in the reciprocating power generation engines industry. This reciprocating power generation engines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The reciprocating power generating engine market size has grown marginally in recent years. It will grow from $52.64 billion in 2025 to $53.11 billion in 2026 at a compound annual growth rate (CAGR) of 0.9%. The growth in the historic period can be attributed to early reliance on diesel-fired engines, increased demand for industrial backup power, rising use of reciprocating engines in chp systems, adoption in landfill and biogas applications, growth in utility-based distributed power generation.
The reciprocating power generating engine market size is expected to see marginal growth in the next few years. It will grow to $54.68 billion in 2030 at a compound annual growth rate (CAGR) of 0.7%. The growth in the forecast period can be attributed to increasing demand for gas-fired low-emission engines, expansion of renewable-integrated power systems, growth in distributed energy adoption, development of hybrid reciprocating engine solutions, rising need for high-efficiency modular power units. Major trends in the forecast period include adoption of low-emission reciprocating engine technologies, advancement of intelligent engine control platforms, integration of AI-assisted performance optimization, deployment of IoT-enabled engine monitoring, expansion of digital predictive maintenance systems.
The rising electricity demand across commercial and industrial sectors is significantly driving the growth of the reciprocating power-generating engine market. Electricity is the energy source used in these sectors for lighting, manufacturing, and various industrial operations. The increase in electricity usage, driven by the expansion of cogeneration plants, higher private consumption, and the growth of small industries, serves as a major catalyst for market expansion. For example, in July 2024, according to the International Energy Agency, a France-based governmental energy organization, global electricity demand is expected to grow by approximately 4% in 2024, up from 2.5% in 2023. Therefore, the rising electricity demand in commercial and industrial sectors is expected to create opportunities for companies operating in the reciprocating power-generating engine market.
Major companies in the reciprocating power generation engine market are developing innovative products to deliver efficient and environmentally friendly electricity generation solutions for applications ranging from residential to industrial. For instance, in September 2023, Kirloskar Oil Engines Ltd., an India-based engineering company in the power generation equipment industry, launched its CPCB IV+ Compliant Gensets Flexi-Fuel and OptiPrime Range, featuring (1) multi-fuel capability-including diesel, natural gas, and biogas-for enhanced flexibility, (2) IoT-enabled real-time monitoring and analytics for remote diagnostics, and (3) hybrid patented technology designed to optimize load efficiency and reduce fuel consumption.
In June 2024, DEUTZ AG, a Germany-based provider of diesel and gas reciprocating engines, drive systems, and related services, acquired Blue Star Power Systems, Inc. for an undisclosed amount. Through this acquisition, DEUTZ seeks to expand its presence in the decentralized energy generation market and strengthen its portfolio of reciprocating engine-based power solutions in North America. Blue Star Power Systems, Inc. is a U.S.-based manufacturer of diesel and gaseous generator sets ranging from 20 kWe to 2,000 kWe, offering customized power generation systems for commercial and industrial applications.
Major companies operating in the reciprocating power generating engine market are Rolls-Royce, MAN Energy Solutions, Kohler, Kirloskar Oil Engines, Kawasaki Heavy Industries, Deere & Company, Briggs & Stratton, Caterpillar, Cummins, Deutz, Escorts Kubota, Siemens Energy, Wartsila, Yanmar, General Electric, Motorenfabrik Hatz, Perkins Engines, MTU Onsite Energy, Doosan Engine, HD HyundAI Heavy Industries, INNIO Jenbacher, Liebherr
North America was the largest region in the reciprocating power generation engine market in 2025. Asia-Pacific is expected to be the fastest-growing region in the reciprocating power generation engine market share during the forecast period. The regions covered in the reciprocating power generating engine market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the reciprocating power generating engine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The reciprocating power generation engines market consists of sales of crankshaft, exhaust camshaft, intake camshaft, piston. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Reciprocating Power Generating Engine Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses reciprocating power generating engine market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for reciprocating power generating engine ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The reciprocating power generating engine market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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