Tank Engine Market, Global Outlook and Forecast 2023-2029

Report ID: MMG299714 | Category: Machinery & Equipment | Pages: 71 | Format: PDF | Published Date: December 08,2023

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Report Summary

The global Tank Engine market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Internal Combustion Engine Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Tank Engine include General Electric, Caterpillar, Siemens AG, Wärtsilä, Alstom, Rolls-Royce Holdings, Cummins, CNR Group and Bharat Heavy Electricals Limited, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
The Tank Engine is a mechanical device primarily used for propelling locomotives and other heavy vehicles. It serves as the power source for generating motion in trains and is a critical component in the transportation industry. Tank Engines are typically powered by internal combustion engines or steam, although electric engines are also gaining popularity due to their efficiency and environmental benefits. These engines convert fuel or other energy sources into mechanical energy, which is then transferred to the wheels or tracks of the vehicle, allowing it to move.
1. Raw Materials: The production of tank engines requires various raw materials such as steel, iron, aluminum, copper, rubber, plastics, electronic components, and fuel. These materials are sourced from mining and extraction industries, metal fabricators, and chemical manufacturers.
2. Component Manufacturers: Upstream from tank engine production, there are specialized manufacturers that produce components like pistons, crankshafts, cylinder heads, fuel injectors, valves, and other intricate parts. These components are supplied to the tank engine manufacturers.
1. Vehicle Manufacturers: Tank engines are primarily used in locomotives and heavy vehicles such as tanks, armored vehicles, construction machinery, and agricultural equipment. Vehicle manufacturers integrate tank engines into their products as a means of propulsion.
2. Distributors and Dealers: Downstream from vehicle manufacturing, there are distributors and dealers who purchase vehicles with tank engines from manufacturers and sell them to end customers. They may also provide maintenance and repair services.
3. End Users: The end users of tank engine-powered vehicles include railway companies, military organizations, construction companies, farmers, and other industrial sectors that rely on heavy machinery for transportation and operations.
This report aims to provide a comprehensive presentation of the global market for Tank Engine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tank Engine. This report contains market size and forecasts of Tank Engine in global, including the following market information:
Global Tank Engine Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Tank Engine Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Tank Engine companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Tank Engine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tank Engine Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Tank Engine Market Segment Percentages, by Type, 2022 (%)
Internal Combustion Engine
Electric Motor
Hybrid Engine
Global Tank Engine Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Tank Engine Market Segment Percentages, by Application, 2022 (%)
Tanks
Armored Vehicles
Global Tank Engine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Tank Engine Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Tank Engine revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Tank Engine revenues share in global market, 2022 (%)
Key companies Tank Engine sales in global market, 2018-2023 (Estimated), (Units)
Key companies Tank Engine sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
General Electric
Caterpillar
Siemens AG
Wärtsilä
Alstom
Rolls-Royce Holdings
Cummins
CNR Group
Bharat Heavy Electricals Limited
Kawasaki Heavy Industries
Outline of Major Chapters:
Chapter 1: Introduces the definition of Tank Engine, market overview.
Chapter 2: Global Tank Engine market size in revenue and volume.
Chapter 3: Detailed analysis of Tank Engine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Tank Engine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Tank Engine capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Tank Engine Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Tank Engine Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Tank Engine Overall Market Size
    2.1 Global Tank Engine Market Size: 2022 VS 2029
    2.2 Global Tank Engine Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Tank Engine Sales: 2018-2029
3 Company Landscape
    3.1 Top Tank Engine Players in Global Market
    3.2 Top Global Tank Engine Companies Ranked by Revenue
    3.3 Global Tank Engine Revenue by Companies
    3.4 Global Tank Engine Sales by Companies
    3.5 Global Tank Engine Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Tank Engine Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Tank Engine Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Tank Engine Players in Global Market
        3.8.1 List of Global Tier 1 Tank Engine Companies
        3.8.2 List of Global Tier 2 and Tier 3 Tank Engine Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Tank Engine Market Size Markets, 2022 & 2029
        4.1.2 Internal Combustion Engine
        4.1.3 Electric Motor
        4.1.4 Hybrid Engine
    4.2 By Type - Global Tank Engine Revenue & Forecasts
        4.2.1 By Type - Global Tank Engine Revenue, 2018-2023
        4.2.2 By Type - Global Tank Engine Revenue, 2024-2029
        4.2.3 By Type - Global Tank Engine Revenue Market Share, 2018-2029
    4.3 By Type - Global Tank Engine Sales & Forecasts
        4.3.1 By Type - Global Tank Engine Sales, 2018-2023
        4.3.2 By Type - Global Tank Engine Sales, 2024-2029
        4.3.3 By Type - Global Tank Engine Sales Market Share, 2018-2029
    4.4 By Type - Global Tank Engine Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Tank Engine Market Size, 2022 & 2029
        5.1.2 Tanks
        5.1.3 Armored Vehicles
    5.2 By Application - Global Tank Engine Revenue & Forecasts
        5.2.1 By Application - Global Tank Engine Revenue, 2018-2023
        5.2.2 By Application - Global Tank Engine Revenue, 2024-2029
        5.2.3 By Application - Global Tank Engine Revenue Market Share, 2018-2029
    5.3 By Application - Global Tank Engine Sales & Forecasts
        5.3.1 By Application - Global Tank Engine Sales, 2018-2023
        5.3.2 By Application - Global Tank Engine Sales, 2024-2029
        5.3.3 By Application - Global Tank Engine Sales Market Share, 2018-2029
    5.4 By Application - Global Tank Engine Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Tank Engine Market Size, 2022 & 2029
    6.2 By Region - Global Tank Engine Revenue & Forecasts
        6.2.1 By Region - Global Tank Engine Revenue, 2018-2023
        6.2.2 By Region - Global Tank Engine Revenue, 2024-2029
        6.2.3 By Region - Global Tank Engine Revenue Market Share, 2018-2029
    6.3 By Region - Global Tank Engine Sales & Forecasts
        6.3.1 By Region - Global Tank Engine Sales, 2018-2023
        6.3.2 By Region - Global Tank Engine Sales, 2024-2029
        6.3.3 By Region - Global Tank Engine Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Tank Engine Revenue, 2018-2029
        6.4.2 By Country - North America Tank Engine Sales, 2018-2029
        6.4.3 US Tank Engine Market Size, 2018-2029
        6.4.4 Canada Tank Engine Market Size, 2018-2029
        6.4.5 Mexico Tank Engine Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Tank Engine Revenue, 2018-2029
        6.5.2 By Country - Europe Tank Engine Sales, 2018-2029
        6.5.3 Germany Tank Engine Market Size, 2018-2029
        6.5.4 France Tank Engine Market Size, 2018-2029
        6.5.5 U.K. Tank Engine Market Size, 2018-2029
        6.5.6 Italy Tank Engine Market Size, 2018-2029
        6.5.7 Russia Tank Engine Market Size, 2018-2029
        6.5.8 Nordic Countries Tank Engine Market Size, 2018-2029
        6.5.9 Benelux Tank Engine Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Tank Engine Revenue, 2018-2029
        6.6.2 By Region - Asia Tank Engine Sales, 2018-2029
        6.6.3 China Tank Engine Market Size, 2018-2029
        6.6.4 Japan Tank Engine Market Size, 2018-2029
        6.6.5 South Korea Tank Engine Market Size, 2018-2029
        6.6.6 Southeast Asia Tank Engine Market Size, 2018-2029
        6.6.7 India Tank Engine Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Tank Engine Revenue, 2018-2029
        6.7.2 By Country - South America Tank Engine Sales, 2018-2029
        6.7.3 Brazil Tank Engine Market Size, 2018-2029
        6.7.4 Argentina Tank Engine Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Tank Engine Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Tank Engine Sales, 2018-2029
        6.8.3 Turkey Tank Engine Market Size, 2018-2029
        6.8.4 Israel Tank Engine Market Size, 2018-2029
        6.8.5 Saudi Arabia Tank Engine Market Size, 2018-2029
        6.8.6 UAE Tank Engine Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 General Electric
        7.1.1 General Electric Company Summary
        7.1.2 General Electric Business Overview
        7.1.3 General Electric Tank Engine Major Product Offerings
        7.1.4 General Electric Tank Engine Sales and Revenue in Global (2018-2023)
        7.1.5 General Electric Key News & Latest Developments
    7.2 Caterpillar
        7.2.1 Caterpillar Company Summary
        7.2.2 Caterpillar Business Overview
        7.2.3 Caterpillar Tank Engine Major Product Offerings
        7.2.4 Caterpillar Tank Engine Sales and Revenue in Global (2018-2023)
        7.2.5 Caterpillar Key News & Latest Developments
    7.3 Siemens AG
        7.3.1 Siemens AG Company Summary
        7.3.2 Siemens AG Business Overview
        7.3.3 Siemens AG Tank Engine Major Product Offerings
        7.3.4 Siemens AG Tank Engine Sales and Revenue in Global (2018-2023)
        7.3.5 Siemens AG Key News & Latest Developments
    7.4 Wärtsilä
        7.4.1 Wärtsilä Company Summary
        7.4.2 Wärtsilä Business Overview
        7.4.3 Wärtsilä Tank Engine Major Product Offerings
        7.4.4 Wärtsilä Tank Engine Sales and Revenue in Global (2018-2023)
        7.4.5 Wärtsilä Key News & Latest Developments
    7.5 Alstom
        7.5.1 Alstom Company Summary
        7.5.2 Alstom Business Overview
        7.5.3 Alstom Tank Engine Major Product Offerings
        7.5.4 Alstom Tank Engine Sales and Revenue in Global (2018-2023)
        7.5.5 Alstom Key News & Latest Developments
    7.6 Rolls-Royce Holdings
        7.6.1 Rolls-Royce Holdings Company Summary
        7.6.2 Rolls-Royce Holdings Business Overview
        7.6.3 Rolls-Royce Holdings Tank Engine Major Product Offerings
        7.6.4 Rolls-Royce Holdings Tank Engine Sales and Revenue in Global (2018-2023)
        7.6.5 Rolls-Royce Holdings Key News & Latest Developments
    7.7 Cummins
        7.7.1 Cummins Company Summary
        7.7.2 Cummins Business Overview
        7.7.3 Cummins Tank Engine Major Product Offerings
        7.7.4 Cummins Tank Engine Sales and Revenue in Global (2018-2023)
        7.7.5 Cummins Key News & Latest Developments
    7.8 CNR Group
        7.8.1 CNR Group Company Summary
        7.8.2 CNR Group Business Overview
        7.8.3 CNR Group Tank Engine Major Product Offerings
        7.8.4 CNR Group Tank Engine Sales and Revenue in Global (2018-2023)
        7.8.5 CNR Group Key News & Latest Developments
    7.9 Bharat Heavy Electricals Limited
        7.9.1 Bharat Heavy Electricals Limited Company Summary
        7.9.2 Bharat Heavy Electricals Limited Business Overview
        7.9.3 Bharat Heavy Electricals Limited Tank Engine Major Product Offerings
        7.9.4 Bharat Heavy Electricals Limited Tank Engine Sales and Revenue in Global (2018-2023)
        7.9.5 Bharat Heavy Electricals Limited Key News & Latest Developments
    7.10 Kawasaki Heavy Industries
        7.10.1 Kawasaki Heavy Industries Company Summary
        7.10.2 Kawasaki Heavy Industries Business Overview
        7.10.3 Kawasaki Heavy Industries Tank Engine Major Product Offerings
        7.10.4 Kawasaki Heavy Industries Tank Engine Sales and Revenue in Global (2018-2023)
        7.10.5 Kawasaki Heavy Industries Key News & Latest Developments
8 Global Tank Engine Production Capacity, Analysis
    8.1 Global Tank Engine Production Capacity, 2018-2029
    8.2 Tank Engine Production Capacity of Key Manufacturers in Global Market
    8.3 Global Tank Engine Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Tank Engine Supply Chain Analysis
    10.1 Tank Engine Industry Value Chain
    10.2 Tank Engine Upstream Market
    10.3 Tank Engine Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Tank Engine Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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Tank Engine Market, Global Outlook and Forecast 2023-2029

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