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North America Engines Market Revenue to Hit $3.7 billion by 2023

[102 Pages Report The global North America engines market is projected to reach USD 3.7 billion by 2023, at a CAGR of 4.52% from an estimated USD 2.9 billion in 2018. This growth can be attributed to the demand for reliable and uninterrupted power supply and commercial vessels. The rise in demand for commercial vessels is due to the increase in seaborne trade.<br><br>To know more - https://www.marketsandmarkets.com/Market-Reports/north-america-engine-market-155149693.html <br>

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North America Engines Market Revenue to Hit $3.7 billion by 2023

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  1. North America Engines Market by Type (Power Generation - Emergency & Standby, Prime Power, Peak Shaving & Marine - Recreational, Commercial), Power Rating (0-60 HP,61-100 HP,101-300 HP,301-500 HP,501-700 HP, above 700 HP), Country – Forecast to 2023 www.MarketsandMarkets.com

  2. Power generation engines segment, by type, is expected to hold the largest share of the North America engines market during the forecast period. The North America engines market, by type, has been classified into power generation and marine applications. The power generation segment includes emergency & standby, prime power, peak shaving, and the marine segment includes recreational and commercial. Power outages and growing customer preference toward intermittent power supply, growing demand for natural gas and mobile engines are expected to drive the power generation North America engines market. The emergency & standby generators are the most attractive application due to numerous events hosted by the respective nations as well as grid maintenance activities. PDF Brochure : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=155149693

  3. Above 700 HP segment of the North America engines market, by power rating, is expected to be the largest market during the forecast period. Above 700 HP segment led the North America engines market in 2018 and is estimated to be the largest market during the forecast period. The main production growth is projected to come from natural gas units because of increase in shale gas production in the US and gas from oil sands in Canada. Increasing demand from the offshore and industrial applications in the US and Canada is expected to drive the above 700 HP segment during the forecast period. The above 700 HP segment is projected to experience a slower growth during the forecast period due to investments uncertainties in the oil & gas industry. Request for Customization : https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=155149693

  4. Browse >> 50 market data tables 23 figures 102 pagesand in-depth TOC on “North America Engines Market - Global Forecast to 2023” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  5. US: The leading North America engines market In this report, the North America engines market has been analyzed with respect to 2 countries—the US and Canada. The US led the North America engines market in 2018. Bi-fuel generators offer advantages of both gas generators and diesel generators and improve the reliability of standby power system. Most of the time, bi-fuel generators run on gas but in case of emergency, it can run on 100% diesel also. Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=155149693

  6. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the North America engines market. The key players include • Key players - • Cummins (US), • Caterpillar (US), • Wärtsilä (Finland), • Rolls-Royce (UK), • John Deere (US), • Yanmar (Japan), • Mitsubishi Heavy Industries (Japan), etc. • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=155149693

  7. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.com

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