Marine Engines Market worth $15.2 billion by 2029- Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]
Cummins Inc. (CMI)
Last cummins inc. earnings: 4/28 07:30 am
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Source: Yahoo! Finance
of 3.0% during the forecast period according to a new report by MarketsandMarkets™. The Marine Engines Market is propelled by a confluence of factors that influence demand for these powerful workhorses of the maritime industry. The ever-expanding global trade heavily relies on maritime transportation for efficient movement of goods across continents. This translates to a constant need for new vessels and consequently, a growing demand for marine engines of various capacities. Increasing international trade activities, particularly in emerging economies, necessitate the expansion of existing fleets and construction of new ships, further driving the demand for marine engines. Growing environmental concerns and stricter regulations on air and water pollution from maritime vessels are pushing the industry towards cleaner technologies. This creates a demand for new, more fuel-efficient engines that comply with emission regulations, such as those governing sulfur oxide (SOx) and nitrogen ox
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- Cummins Inc. (NYSE: CMI) had its price target raised by analysts at Truist Financial Co. from $303.00 to $319.00. They now have a "hold" rating on the stock.MarketBeat
CMI
Earnings
- 5/2/24 - Beat
CMI
Sec Filings
- 5/7/24 - Form 144
- 5/6/24 - Form DEFA14A
- 5/2/24 - Form 10-Q
- CMI's page on the SEC website