Diesel engine, any internal-combustion engine in which air is compressed to a sufficiently high temperature to ignite diesel fuel injected into the cylinder, where combustion and expansion actuate a piston. It converts the chemical energy stored in the fuel into mechanical energy, which can be used to power freight trucks, large tractors, locomotives, and marine vessels. A limited number of automobiles also are diesel-powered, as are some electric-power generator sets.
The industry development of diesel engine was largely affected by national industrial policies and environmental standards in recent few years. With stricter emission standards worldwide and backward emission technology, global consumption of diesel engines decreased slightly to 25.3 M units in 2016, the CAGR of global market from 2012-2017 is estimate -1.2%. What?s more, the price and gross margin also decreased during last few years.
Diesel engines are mainly consumed in Europe and China countries. The two areas occupy about 83% market share. Besides, North America is also an important market of diesel engine.
In terms of technology, there is plenty room for improvement. High pressure fuel injection, low emissions and efficient filtration are the mainly trends for the technology improvement, More energy-efficient and environment friendly diesel engines will change the situation declining in the diesel engine industry in the future. The main applications of diesel engines are automotive, construction, agriculture, industrial and etc. Nowadays, more diesel engines are applied to power generators, result from the tight power supply situation. However, due to the slowdown of infrastructure construction in developing countries, the construction industry decreased in the application share.
According to this study, over the next five years the Diesel Engines market will register a -3.0% CAGR in terms of revenue, the global market size will reach USD 57400 million by 2024, from USD 68700 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Diesel Engines business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Diesel Engines market by product type, application, key manufacturers and key regions and countries.
This study considers the Diesel Engines value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Single Cylinder
Multi Cylinder
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Construction
Agriculture
Industrial
Other
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Cummins
Caterpiller
Daimler
MAN
VOLVO
MHI
Deutz
Yanmar
Kubota
Weichai
Quanchai
Changchai
Yunnei Power
FAW
Kohler
DFAC
Yuchai
FOTON
CNHTC
JMC
Hatz
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Diesel Engines consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Diesel Engines market by identifying its various subsegments.
Focuses on the key global Diesel Engines manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Diesel Engines with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Diesel Engines submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
