The engine, turbine, and power transmission equipment manufacturing industry comprises establishments mainly involved in manufacturing turbines, power transmission equipment, and internal combustion engines (except automotive gasoline and aircraft). This industry is also involved in manufacturing clutches and brakes (except electromagnetic industrial controls, and motor vehicle), diesel and semi diesel engines, electric outboard motors, internal combustion engines for hybrid drive systems (except automotive), plain bearings and bushings (except internal combustion engine), power transmission pulleys, speed changers, speed reducers, turbine generator set units, universal joints (except aircraft, and motor vehicle).
The top five companies covered are General Electric Co, Siemens Corporation, Caterpillar Inc., Cummins Inc. and Vestas Wind Systems A/S. General Electric was the largest company in the engine, turbine, and power transmission equipment manufacturing market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global engine, turbine, and power transmission equipment manufacturing market was valued at above $688 billion in 2017. Asia Pacific was the largest region in the engine, turbine, and power transmission equipment manufacturing market in 2017, accounting for above 37% market share. China was the largest country in the market in 2017, accounting for above 13% market share.
Driverless locomotive technology offers control over all the trains and a predefined railroad infrastructure for intelligent navigation. Automated trains are being used to increase the network capacity, effective control and monitor of traffic. These trains use automated systems which optimize their running time, average speed and reliability.