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Engine & Turbine Manufacturing in the US
Despite plunging revenue during the recession, subsequent increases have offset declines. In particular, continued strength in export demand has contributed to the industry's growth. Looking ahead, the industry is projected to continue growing despite cooling export demand as the dollar begins to appreciate. Domestically, renewed truck transportation will drive diesel engine sales, and demand from manufacturing is poised to gain traction in light of anticipated consumer spending.Operators in this industry manufacture turbines and equipment used for power transmission, such as generators, as well as diesel engines for highway vehicles and heavy-duty equipment. Parts and accessories are included, but wind turbines are excluded (see IBISWorld report 33361b Wind Turbine Manufacturing).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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