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Global Tank Engine Market Research Report 2025
Synopsis
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.
Global Tank Engine market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Tank Engine market research.
Key manufacturers engaged in the Tank Engine industry include General Electric, Caterpillar, Siemens AG, Wärtsilä, Alstom, Rolls-Royce Holdings, Cummins, CNR Group and Bharat Heavy Electricals Limited, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Tank Engine production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Tank Engine were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Tank Engine market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Tank Engine market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
General Electric
Caterpillar
Siemens AG
Wärtsilä
Alstom
Rolls-Royce Holdings
Cummins
CNR Group
Bharat Heavy Electricals Limited
Kawasaki Heavy Industries
Segment by Type
Internal Combustion Engine
Electric Motor
Hybrid Engine
Segment by Application
Tanks
Armored Vehicles
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Tank Engine report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
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.
Global Tank Engine market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Tank Engine market research.
Key manufacturers engaged in the Tank Engine industry include General Electric, Caterpillar, Siemens AG, Wärtsilä, Alstom, Rolls-Royce Holdings, Cummins, CNR Group and Bharat Heavy Electricals Limited, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Tank Engine production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Tank Engine were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Tank Engine market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Tank Engine market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
General Electric
Caterpillar
Siemens AG
Wärtsilä
Alstom
Rolls-Royce Holdings
Cummins
CNR Group
Bharat Heavy Electricals Limited
Kawasaki Heavy Industries
Segment by Type
Internal Combustion Engine
Electric Motor
Hybrid Engine
Segment by Application
Tanks
Armored Vehicles
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Tank Engine report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Tank Engine Market Overview
1.1 Product Definition
1.2 Tank Engine Segment by Type
1.2.1 Global Tank Engine Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Internal Combustion Engine
1.2.3 Electric Motor
1.2.4 Hybrid Engine
1.3 Tank Engine Segment by Application
1.3.1 Global Tank Engine Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Tanks
1.3.3 Armored Vehicles
1.4 Global Market Growth Prospects
1.4.1 Global Tank Engine Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Tank Engine Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Tank Engine Production Estimates and Forecasts (2018-2029)
1.4.4 Global Tank Engine Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Tank Engine Production Market Share by Manufacturers (2018-2023)
2.2 Global Tank Engine Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Tank Engine, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Tank Engine Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Tank Engine Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Tank Engine, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Tank Engine, Product Offered and Application
2.8 Global Key Manufacturers of Tank Engine, Date of Enter into This Industry
2.9 Tank Engine Market Competitive Situation and Trends
2.9.1 Tank Engine Market Concentration Rate
2.9.2 Global 5 and 10 Largest Tank Engine Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Tank Engine Production by Region
3.1 Global Tank Engine Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Tank Engine Production Value by Region (2018-2029)
3.2.1 Global Tank Engine Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Tank Engine by Region (2024-2029)
3.3 Global Tank Engine Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Tank Engine Production by Region (2018-2029)
3.4.1 Global Tank Engine Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Tank Engine by Region (2024-2029)
3.5 Global Tank Engine Market Price Analysis by Region (2018-2023)
3.6 Global Tank Engine Production and Value, Year-over-Year Growth
3.6.1 North America Tank Engine Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Tank Engine Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Tank Engine Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Tank Engine Production Value Estimates and Forecasts (2018-2029)
4 Tank Engine Consumption by Region
4.1 Global Tank Engine Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Tank Engine Consumption by Region (2018-2029)
4.2.1 Global Tank Engine Consumption by Region (2018-2023)
4.2.2 Global Tank Engine Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Tank Engine Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Tank Engine Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Tank Engine Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Tank Engine Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Tank Engine Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Tank Engine Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Tank Engine Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Tank Engine Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Tank Engine Production by Type (2018-2029)
5.1.1 Global Tank Engine Production by Type (2018-2023)
5.1.2 Global Tank Engine Production by Type (2024-2029)
5.1.3 Global Tank Engine Production Market Share by Type (2018-2029)
5.2 Global Tank Engine Production Value by Type (2018-2029)
5.2.1 Global Tank Engine Production Value by Type (2018-2023)
5.2.2 Global Tank Engine Production Value by Type (2024-2029)
5.2.3 Global Tank Engine Production Value Market Share by Type (2018-2029)
5.3 Global Tank Engine Price by Type (2018-2029)
6 Segment by Application
6.1 Global Tank Engine Production by Application (2018-2029)
6.1.1 Global Tank Engine Production by Application (2018-2023)
6.1.2 Global Tank Engine Production by Application (2024-2029)
6.1.3 Global Tank Engine Production Market Share by Application (2018-2029)
6.2 Global Tank Engine Production Value by Application (2018-2029)
6.2.1 Global Tank Engine Production Value by Application (2018-2023)
6.2.2 Global Tank Engine Production Value by Application (2024-2029)
6.2.3 Global Tank Engine Production Value Market Share by Application (2018-2029)
6.3 Global Tank Engine Price by Application (2018-2029)
7 Key Companies Profiled
7.1 General Electric
7.1.1 General Electric Tank Engine Corporation Information
7.1.2 General Electric Tank Engine Product Portfolio
7.1.3 General Electric Tank Engine Production, Value, Price and Gross Margin (2018-2023)
7.1.4 General Electric Main Business and Markets Served
7.1.5 General Electric Recent Developments/Updates
7.2 Caterpillar
7.2.1 Caterpillar Tank Engine Corporation Information
7.2.2 Caterpillar Tank Engine Product Portfolio
7.2.3 Caterpillar Tank Engine Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Caterpillar Main Business and Markets Served
7.2.5 Caterpillar Recent Developments/Updates
7.3 Siemens AG
7.3.1 Siemens AG Tank Engine Corporation Information
7.3.2 Siemens AG Tank Engine Product Portfolio
7.3.3 Siemens AG Tank Engine Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Siemens AG Main Business and Markets Served
7.3.5 Siemens AG Recent Developments/Updates
7.4 Wärtsilä
7.4.1 Wärtsilä Tank Engine Corporation Information
7.4.2 Wärtsilä Tank Engine Product Portfolio
7.4.3 Wärtsilä Tank Engine Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Wärtsilä Main Business and Markets Served
7.4.5 Wärtsilä Recent Developments/Updates
7.5 Alstom
7.5.1 Alstom Tank Engine Corporation Information
7.5.2 Alstom Tank Engine Product Portfolio
7.5.3 Alstom Tank Engine Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Alstom Main Business and Markets Served
7.5.5 Alstom Recent Developments/Updates
7.6 Rolls-Royce Holdings
7.6.1 Rolls-Royce Holdings Tank Engine Corporation Information
7.6.2 Rolls-Royce Holdings Tank Engine Product Portfolio
7.6.3 Rolls-Royce Holdings Tank Engine Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Rolls-Royce Holdings Main Business and Markets Served
7.6.5 Rolls-Royce Holdings Recent Developments/Updates
7.7 Cummins
7.7.1 Cummins Tank Engine Corporation Information
7.7.2 Cummins Tank Engine Product Portfolio
7.7.3 Cummins Tank Engine Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Cummins Main Business and Markets Served
7.7.5 Cummins Recent Developments/Updates
7.8 CNR Group
7.8.1 CNR Group Tank Engine Corporation Information
7.8.2 CNR Group Tank Engine Product Portfolio
7.8.3 CNR Group Tank Engine Production, Value, Price and Gross Margin (2018-2023)
7.8.4 CNR Group Main Business and Markets Served
7.7.5 CNR Group Recent Developments/Updates
7.9 Bharat Heavy Electricals Limited
7.9.1 Bharat Heavy Electricals Limited Tank Engine Corporation Information
7.9.2 Bharat Heavy Electricals Limited Tank Engine Product Portfolio
7.9.3 Bharat Heavy Electricals Limited Tank Engine Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Bharat Heavy Electricals Limited Main Business and Markets Served
7.9.5 Bharat Heavy Electricals Limited Recent Developments/Updates
7.10 Kawasaki Heavy Industries
7.10.1 Kawasaki Heavy Industries Tank Engine Corporation Information
7.10.2 Kawasaki Heavy Industries Tank Engine Product Portfolio
7.10.3 Kawasaki Heavy Industries Tank Engine Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Kawasaki Heavy Industries Main Business and Markets Served
7.10.5 Kawasaki Heavy Industries Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Tank Engine Industry Chain Analysis
8.2 Tank Engine Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Tank Engine Production Mode & Process
8.4 Tank Engine Sales and Marketing
8.4.1 Tank Engine Sales Channels
8.4.2 Tank Engine Distributors
8.5 Tank Engine Customers
9 Tank Engine Market Dynamics
9.1 Tank Engine Industry Trends
9.2 Tank Engine Market Drivers
9.3 Tank Engine Market Challenges
9.4 Tank Engine Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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