High-Speed Engine Market to Grow at a Robust Pace through 2026 With Key Players Caterpillar, Cummins, Volvo Penta, and MAN SE.
iCrowd Newswire
15 May 2021, 01:24 GMT+10
The global High-Speed Engine Market is projected to reach USD 27.1 billion by 2026 from an estimated USD 21.1 billion in 2021, at a CAGR of 5.1% from 2021 to 2026. Rising demand for reliable and uninterrupted power, growth in international marine freight transport, and growth in maritime tourism are the major drivers of the High-Speed Engine Markets. Increased demand for backup power solutions are expected to be the major factor driving the growth of high-speed engines market during forecast period.
Power Generation segment is expected to capture the major share of the high-speed engine market
Global High-Speed Engine Market (2021 to 2026) - Growing Trend of Distributed Power Generation Presents New Opportunities
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The Worldwide High-Speed Engine Industry is Expected to Reach $27 1 Billion by 2026 at a CAGR of 5 1% from 2021
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The Worldwide High-Speed Engine Industry is Expected to Reach $27 1 Billion by 2026 at a CAGR of 5 1% from 2021
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iCrowdNewswire Jan 12, 2021 9:00 AM ET
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