Global Diesel Engine Market – Global Industry Analysis and Forecast (2018-2026)
Global Diesel Engine Market was valued US$ 7.90 Bn in 2017 and is estimated to reach US$ 11.12 Bn by 2026 at a CAGR of about 4.37%.
The report segment of diesel engine market based on engine type, vehicle type, application, and region. On the basis of engine type, the market is classified into turbo engine, conventional engine. Based on vehicle type, the diesel engine market is segmented into agricultural vehicle, commercial vehicle, passenger vehicle, construction vehicle. In terms of application, the market is categorised into industrial, commercial, residential. Region wise into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The demand for diesel engines in motor vehicles is anticipated to grow at a steady rate, demand from other applications areas is projected to pick up. Diesel engine market exhibit high thermal efficiency, which is also anticipated to fuel market demand. Increase in penetration across several application areas including construction, automobiles, power & gas etc. is estimated to further impact the diesel engine market growth over the forecast period. However, issues such as high-cost diesel engine may hamper market growth over the forecast period. The need to improve engines that help limit harmful emissions without degrading performance may pose to be a challenge to the diesel engine market growth. A strengthening commercial transport network in countries in Asia pacific, Latin America, and the Middle East and Africa will bode well for the growth of the diesel engines market. The use of diesel engines in marine transportation is estimated to grow at an incremental rate through the forecast period.
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Diesel engine market is segmented into engine type, vehicle type, application, and region. Based on vehicle type, commercial vehicle segment is forecast to surge the overall diesel engine market due to high demand for trucks and buses in the country. Moreover, agricultural vehicle is the second largest consumer in value terms due to high utilization of diesel engines in farm equipment. Decrease in labor availability and increase in labor cost would also lead to growth in farm equipment.
In terms of region, Asia-Pacific is estimated to grow considerably over the forecasted period. This can be attributed primarily to increasing demand in countries such as China and India. North America and Europe are also projected to grow at a significant rate over next few years.
Key Players Profiled and Analysed in the Report
ACGO Corporation, China FAW Group, Mitsubishi Heavy Industries, Bosch, Deere & Company, Continental AG, Delphi Automotive, Ford Motor, General Motors and MAN SE etc.
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Scope of the Global Diesel Engine Market
Global Diesel Engine Market by Engine Type
• Turbo Engine
• Conventional Engine
Global Diesel Engine Market by Vehicle Type
• Agricultural vehicle
• Commercial Vehicle
• Passenger Vehicle
• Construction Vehicle
Global Diesel Engine Market by Application
• Residential
• Commercial
• Industrial
Global Diesel Engine Market by Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players operating in Global Diesel Engine Market
• ACGO Corporation
• China FAW Group
• Mitsubishi Heavy Industries
• Bosch
• Deere & Company
• Continental AG
• Delphi Automotive
• Ford Motor
• General Motors
• MAN SE
• Caterpillar
• Cummins
• Detroit Diesel
• Deutz
• Fairbanks Morse
• GE Transportation
• HATZ Diesel
• Henan Diesel Engine Industry
• Henan Diesel Engine Industry¸ J C Bamford
• Rolls-Royce
• Volvo
• Wartsila
Browse Full Report with Facts and Figures of Diesel Engine Market Report at: https://www.maximizemarketresearch.com/market-report/diesel-engine-market/14704/
MAJOR TOC OF THE REPORT
Chapter One: Diesel Engine Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Diesel Engine Market Competition, by Players
Chapter Four: Global Diesel Engine Market Size by Regions
Chapter Five: North America Diesel Engine Revenue by Countries
Chapter Six: Europe Diesel Engine Revenue by Countries
Chapter Seven: Asia-Pacific Diesel Engine Revenue by Countries
Chapter Eight: South America Diesel Engine Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Diesel Engine by Countries
Chapter Ten: Global Diesel Engine Market Segment by Type
Chapter Eleven: Global Diesel Engine Market Segment by Application
Chapter Twelve: Global Diesel Engine Market Size Forecast (2019-2026)
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