Global Tank Engine Market Growth 2025-2031

Publication ID:

LPI07259221

Publication Date:

July 18, 2025

Pages:

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

The global Tank Engine market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
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.
United States market for Tank Engine is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Tank Engine is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Tank Engine is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Tank Engine players cover General Electric, Caterpillar, Siemens AG, 奥盲谤迟蝉颈濒盲, Alstom, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淭ank Engine Industry Forecast鈥� looks at past sales and reviews total world Tank Engine sales in 2024, providing a comprehensive analysis by region and market sector of projected Tank Engine sales for 2025 through 2031. With Tank Engine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tank Engine industry.
This Insight Report provides a comprehensive analysis of the global Tank Engine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tank Engine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Tank Engine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tank Engine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tank Engine.
This report presents a comprehensive overview, market shares, and growth opportunities of Tank Engine market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Internal Combustion Engine
Electric Motor
Hybrid Engine
Segmentation by Application:
Tanks
Armored Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
General Electric
Caterpillar
Siemens AG
奥盲谤迟蝉颈濒盲
Alstom
Rolls-Royce Holdings
Cummins
CNR Group
Bharat Heavy Electricals Limited
Kawasaki Heavy Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Tank Engine market?
What factors are driving Tank Engine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tank Engine market opportunities vary by end market size?
How does Tank Engine break out by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Tank Engine Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Tank Engine by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Tank Engine by Country/Region, 2020, 2024 & 2031
2.2 Tank Engine Segment by Type
2.2.1 Internal Combustion Engine
2.2.2 Electric Motor
2.2.3 Hybrid Engine
2.3 Tank Engine Sales by Type
2.3.1 Global Tank Engine Sales Market Share by Type (2020-2025)
2.3.2 Global Tank Engine Revenue and Market Share by Type (2020-2025)
2.3.3 Global Tank Engine Sale Price by Type (2020-2025)
2.4 Tank Engine Segment by Application
2.4.1 Tanks
2.4.2 Armored Vehicles
2.5 Tank Engine Sales by Application
2.5.1 Global Tank Engine Sale Market Share by Application (2020-2025)
2.5.2 Global Tank Engine Revenue and Market Share by Application (2020-2025)
2.5.3 Global Tank Engine Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Tank Engine Breakdown Data by Company
3.1.1 Global Tank Engine Annual Sales by Company (2020-2025)
3.1.2 Global Tank Engine Sales Market Share by Company (2020-2025)
3.2 Global Tank Engine Annual Revenue by Company (2020-2025)
3.2.1 Global Tank Engine Revenue by Company (2020-2025)
3.2.2 Global Tank Engine Revenue Market Share by Company (2020-2025)
3.3 Global Tank Engine Sale Price by Company
3.4 Key Manufacturers Tank Engine Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Tank Engine Product Location Distribution
3.4.2 Players Tank Engine Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Tank Engine by Geographic Region
4.1 World Historic Tank Engine Market Size by Geographic Region (2020-2025)
4.1.1 Global Tank Engine Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Tank Engine Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Tank Engine Market Size by Country/Region (2020-2025)
4.2.1 Global Tank Engine Annual Sales by Country/Region (2020-2025)
4.2.2 Global Tank Engine Annual Revenue by Country/Region (2020-2025)
4.3 Americas Tank Engine Sales Growth
4.4 APAC Tank Engine Sales Growth
4.5 Europe Tank Engine Sales Growth
4.6 Middle East & Africa Tank Engine Sales Growth
5 Americas
5.1 Americas Tank Engine Sales by Country
5.1.1 Americas Tank Engine Sales by Country (2020-2025)
5.1.2 Americas Tank Engine Revenue by Country (2020-2025)
5.2 Americas Tank Engine Sales by Type (2020-2025)
5.3 Americas Tank Engine Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Tank Engine Sales by Region
6.1.1 APAC Tank Engine Sales by Region (2020-2025)
6.1.2 APAC Tank Engine Revenue by Region (2020-2025)
6.2 APAC Tank Engine Sales by Type (2020-2025)
6.3 APAC Tank Engine Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Tank Engine by Country
7.1.1 Europe Tank Engine Sales by Country (2020-2025)
7.1.2 Europe Tank Engine Revenue by Country (2020-2025)
7.2 Europe Tank Engine Sales by Type (2020-2025)
7.3 Europe Tank Engine Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Tank Engine by Country
8.1.1 Middle East & Africa Tank Engine Sales by Country (2020-2025)
8.1.2 Middle East & Africa Tank Engine Revenue by Country (2020-2025)
8.2 Middle East & Africa Tank Engine Sales by Type (2020-2025)
8.3 Middle East & Africa Tank Engine Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Tank Engine
10.3 Manufacturing Process Analysis of Tank Engine
10.4 Industry Chain Structure of Tank Engine
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Tank Engine Distributors
11.3 Tank Engine Customer
12 World Forecast Review for Tank Engine by Geographic Region
12.1 Global Tank Engine Market Size Forecast by Region
12.1.1 Global Tank Engine Forecast by Region (2026-2031)
12.1.2 Global Tank Engine Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Tank Engine Forecast by Type (2026-2031)
12.7 Global Tank Engine Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 General Electric
13.1.1 General Electric Company Information
13.1.2 General Electric Tank Engine Product Portfolios and Specifications
13.1.3 General Electric Tank Engine Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 General Electric Main Business Overview
13.1.5 General Electric Latest Developments
13.2 Caterpillar
13.2.1 Caterpillar Company Information
13.2.2 Caterpillar Tank Engine Product Portfolios and Specifications
13.2.3 Caterpillar Tank Engine Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Caterpillar Main Business Overview
13.2.5 Caterpillar Latest Developments
13.3 Siemens AG
13.3.1 Siemens AG Company Information
13.3.2 Siemens AG Tank Engine Product Portfolios and Specifications
13.3.3 Siemens AG Tank Engine Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Siemens AG Main Business Overview
13.3.5 Siemens AG Latest Developments
13.4 奥盲谤迟蝉颈濒盲
13.4.1 奥盲谤迟蝉颈濒盲 Company Information
13.4.2 奥盲谤迟蝉颈濒盲 Tank Engine Product Portfolios and Specifications
13.4.3 奥盲谤迟蝉颈濒盲 Tank Engine Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 奥盲谤迟蝉颈濒盲 Main Business Overview
13.4.5 奥盲谤迟蝉颈濒盲 Latest Developments
13.5 Alstom
13.5.1 Alstom Company Information
13.5.2 Alstom Tank Engine Product Portfolios and Specifications
13.5.3 Alstom Tank Engine Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Alstom Main Business Overview
13.5.5 Alstom Latest Developments
13.6 Rolls-Royce Holdings
13.6.1 Rolls-Royce Holdings Company Information
13.6.2 Rolls-Royce Holdings Tank Engine Product Portfolios and Specifications
13.6.3 Rolls-Royce Holdings Tank Engine Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Rolls-Royce Holdings Main Business Overview
13.6.5 Rolls-Royce Holdings Latest Developments
13.7 Cummins
13.7.1 Cummins Company Information
13.7.2 Cummins Tank Engine Product Portfolios and Specifications
13.7.3 Cummins Tank Engine Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Cummins Main Business Overview
13.7.5 Cummins Latest Developments
13.8 CNR Group
13.8.1 CNR Group Company Information
13.8.2 CNR Group Tank Engine Product Portfolios and Specifications
13.8.3 CNR Group Tank Engine Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 CNR Group Main Business Overview
13.8.5 CNR Group Latest Developments
13.9 Bharat Heavy Electricals Limited
13.9.1 Bharat Heavy Electricals Limited Company Information
13.9.2 Bharat Heavy Electricals Limited Tank Engine Product Portfolios and Specifications
13.9.3 Bharat Heavy Electricals Limited Tank Engine Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Bharat Heavy Electricals Limited Main Business Overview
13.9.5 Bharat Heavy Electricals Limited Latest Developments
13.10 Kawasaki Heavy Industries
13.10.1 Kawasaki Heavy Industries Company Information
13.10.2 Kawasaki Heavy Industries Tank Engine Product Portfolios and Specifications
13.10.3 Kawasaki Heavy Industries Tank Engine Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Kawasaki Heavy Industries Main Business Overview
13.10.5 Kawasaki Heavy Industries Latest Developments
14 Research Findings and Conclusion

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