ENGINE MARKET
Global internal combustion engine manufacturers’ annual revenues now are over US$480 billion (based on reported sales by the top 10 global engine manufacturers, excluding emerging markets).
Fuel efficient internal combustion (FEIC) engine technologies have captured a rapidly increasing share of that global market which equated to US$401 billion in 2021 with a 10 year cumulative annual growth rate of 13%.
The US clean engine fleet market alone is US$95 billion with California retrofit and re-powers at US$11.2 million.
Fleet operators are purchasing engine retrofit kits and re-power engines to comply with EPA and CARB lower emissions regulations and to take advantage of various tax subsidy and rebate programs.
The 2019 annual generator set engine market was US$26 billion for residential, commercial, and industrial markets. This includes sub-markets in high growth areas such as cell phone towers and data centers.
The 2019 annual transportation refrigeration engine market was US$2.6 billion.
Finally, the 2019 annual commercial truck engine market was US$138 billion.
So it becomes obvious that huge GoTek Energy® DynaKinetic™ engine revenue acquisition is possible with small penetration.
COMPRESSOR & PUMP MARKET
The 2019 annual air compressor market was US$27 billion.
Our pump markets are still being quantified but we feel safe to say that when combined with compressors they are on a similar order of magnitude to the engine market in global revenue.
GAS MOTOR MARKET
Our gas motor market is still young, developing, and not quantified yet. However, we feel recovering the wasted heat energy from internal combustion engines and cost effectively converting it back into kinetic energy just makes good sound business and environmental sense. We expect this to become a promising future market.