General Purpose Engines Market Size to Grow USD 10918 Million by 2030 at a CAGR of 2.09% | Valuates Reports
The Global General Purpose Engines Market was estimated to be worth USD 9216 Million in 2023 and is forecast to a readjusted size of USD 10918 Million by 2030 with a CAGR of 2.09% during the forecast period 2024-2030.
- The Global General Purpose Engines Market was estimated to be worth USD 9216 Million in 2023 and is forecast to a readjusted size of USD 10918 Million by 2030 with a CAGR of 2.09% during the forecast period 2024-2030.
- A number of important reasons are driving the expansion of the market for general-purpose engines.
- Moreover, the emergence of infrastructure building initiatives, especially in developing nations, increases demand for power equipment and hence propels market expansion.
- Because of their adaptability and strength, general-purpose engines are essential for driving gear needed for infrastructure development, including generators and construction equipment.