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Cruise control: The industry will record steady growth as volatile revenue swings settle down



Abstract

Heavy-Duty Diesel Engine Manufacturing

During the economic downturn, demand for industry products suffered as trade flows halted, causing freight operators to delay purchasing new heavy-freight trucks. As a result, truck manufacturers cut production levels, causing demand for new engines to fall significantly. Nevertheless, trade flows rebounded sharply following improved economic conditions and these negative trends reversed. Over the five years to 2016, industry revenue will likely surge high from its low recessionary base. Industry operators are anticipated to continue to rev their engines over the next five years, but growth will be more subdued. The global economy is anticipated to gain pace, resulting in heightened levels of international trade and demand for industrial goods. In turn, freight operators will order more engines and industrial firms will accelerate their purchases to meet demand for their goods.

This industry manufactures heavy-duty diesel engines. A diesel engine is an internal combustion engine that uses the heat of compression to initiate ignition to burn the fuel, which is injected into the combustion chamber. Top manufacturers include Cummins, Caterpillar and Navistar. These engines are used in highway vehicles (i.e. freight trucks) and machinery.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Heavy-Duty Diesel Engine Manufacturing - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY



MAJOR COMPANIES

Navistar International Corp.

Cummins Inc.

Caterpillar Inc.

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