How Big is a Reciprocating Engine Market | Growth & Forecast 2025

Q: What is the current size of the reciprocating engine market?

The reciprocating engine market was demonstrated around USD 39 billion in 2024.

Q: What is the projected size of the reciprocating engine market by 2031?

Reciprocating engine market is expected to reach USD 60.5 billion by 2031, growing at a CAGR of 6.8%.

Q: Which regions are leading in reciprocating engine demand?

Asia Pacific is leading the reciprocating engine market due to industrial growth in China and India.

Q: What are the latest trends influencing the reciprocating engine market?

Trends include dual-fuel engines, integration with renewables, smart monitoring systems, and a shift toward natural gas-powered and hybrid power solutions.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA4681

Publication Date: Jul 2025

What is the size of the Reciprocating Engine Market?

According to 6Wresearch internal database and industry insights, the global reciprocating engine market was valued at USD 39 billion in 2024 and is expected to reach USD 60.5 billion by 2031, growing at a CAGR of 6.8% during the forecast period 2025–2031.

Due to growth factors such as increasing demand for distributed power generation, backup power systems, and internal combustion engines across industrial, commercial, and residential sectors, the market is expanding steadily worldwide.

Key Growth Factors of the Reciprocating Engine Market

Increasing demand for reliable backup power in developing regions
Expansion of manufacturing and infrastructure sectors
Developments in data centres, hospitals, and telecom industries requiring standby power
Advancements in dual-fuel and natural gas engine technologies
Increasing adoption of decentralized energy systems
Emphasizing focus on energy efficiency and emission-reducing engine systems

Reciprocating Engine Market Trends

Reciprocating engine market is moving forward with the emerging trends such as the shift towards the gas-powered and dual-fuel engines due to cleaner emissions and rising natural gas availability. Manufacturers are incorporating advanced control systems, remote monitoring, and predictive maintenance technologies. The demand for modular engine gensets is rising for scalable power solutions, especially in off-grid and semi-urban locations.

Emerging Developments in the Reciprocating Engine Market

Reciprocating engine market is seeing ongoing developments for instance integration of hybrid reciprocating engine systems with renewables, development of hydrogen-compatible engines, and digital platforms for real-time engine diagnostics. Investments are continued to happen in R&D to enhance fuel efficiency, reduce NOx emissions, and expand their portfolio for distributed energy resource (DER) applications.