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Diesel Engine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Diesel Engine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • April 2021
  • 105 pages
  • ID: 5765047
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global diesel engine market reached a value of US$ 207 Billion in 2020.

The global diesel engine market is currently witnessing healthy growth. The diesel engine is an internal combustion machine in which the air is compressed inside a cylindrical vessel to ignite the fuel. It changes the chemical energy stored in the fuel into mechanical energy which is used to power freight trucks, locomotives, large vessels, vehicles, etc. Currently, two types of diesel engines are available in the market. Two-stroke engines that complete a power cycle with two strokes of the piston during one crankshaft revolution, and four-stroke engines that complete the cycle with four separate strokes by turning the crankshaft. Diesel engines are capable of offering better operational performance and higher fuel economy, making them increasingly preferred among the end-users.

A key factor driving the demand of diesel engines is the fact that they provide better fuel efficiency compared to petrol engines and are extremely popular in commercial and heavy-duty vehicles. Moreover, the strong growth of the automobile industry, particularly in emerging markets such as India, China, Vietnam, etc. is also expected to create a positive impact on the demand of diesel engines. Apart from this, growth in the non-automotive diesel engine market is also expected to catalyse the market with growth expected to be driven by rising energy demands from infrastructure growth and the manufacturing industry. Strong industrialization in developing economies has also increased the demand of diesel engines driven by an increasing requirement for a reliable and consistent source of power generation to ensure uninterrupted and efficient operations. Looking forward, the analyst expects the global diesel engine market to exhibit moderate growth during the next five years.

Report Coverage:
Historical, Current and Future Market Trends

Market Breakup by Power Rating:
0.5 MW–1 MW
Up to 0.5 MW
2 MW–5 MW
1 MW–2 MW
Above 5 MW

Market Breakup by End-User:
Automotive
On-Road
Light Vehicles
Medium/Heavy Trucks
Light Trucks
Off-Road
Industrial/Construction Equipment
Agriculture Equipment
Marine Applications
Non-Automotive

Market Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being AGCO Corporation, China FAW Group, Bosch, Deere & Company, Continental AG, Delphi Automotive, Mitsubishi Heavy Industries, Ford Motor, General Motors, MAN SE, Wärtsilä, Cummins, Caterpillar, Rolls-Royce, etc.

Key Questions Answered in This Report
1. What was the global diesel engine market size in 2020?
2. What will be the global diesel engine market outlook during the forecast period (2021-2026)?
3. What are the global diesel engine market drivers?
4. What are the major trends in the global diesel engine market?
5. What is the impact of COVID-19 on the global diesel engine market?
6. What is the global diesel engine market breakup by end user?
7. What are the major regions in the global diesel engine market?

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