Industrial Engines Market Trends: Top 5 Insights Shaping the Industry
According to a new report from Intel Market Research , the global Industrial Engines market was valued at USD 39,270 million in 2025 and is projected to reach USD 52,100 million by 2032 , growing at a moderate CAGR of 4.2% during the forecast period (2025-2032). This growth is propelled by increasing industrialization, infrastructure development projects, and the expansion of agriculture and construction sectors worldwide. What are Industrial Engines? Industrial Engines are internal combustion engines specifically designed to power heavy machinery and equipment used across various industries. Unlike automotive engines, industrial engines are built for higher torque, durability, and continuous operation under demanding conditions. They serve as the power source for: Agricultural machinery (tractors, harvesters) Construction equipment (excavators, bulldozers) Power generators and industrial power units Mining and drilling equipment Marine and rail ap...