Global Diesel Engine Market 2024-2028
The diesel engine market is forecasted to grow by USD 39.1 bn during 2023-2028, accelerating at a CAGR of 3.29% during the forecast period. The report on the diesel engine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for diesel engines from apac, advantages of diesel engines over petrol engines, and increasing demand for diesel engines in the generator market.
Technavio's diesel engine market is segmented as below:
- By End-user
- On road
- Off road
- By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the growing popularity of evs (electric vehicles) as one of the prime reasons driving the diesel engine market growth during the next few years. Also, emergence of new diesel-exhaust system and rise in demand for intelligent engine control systems will lead to sizable demand in the market.
The report on the diesel engine market covers the following areas:
- Diesel engine market sizing
- Diesel engine market forecast
- Diesel engine market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading diesel engine market vendors that include AB Volvo, AGCO Corp., BorgWarner Inc., Caterpillar Inc., Continental AG, Cummins Inc., Deere and Co., DEUTZ AG, Doosan Corp., General Motors Co., Hyundai Heavy Industries Group, Kohler Co., Kubota Corp., Mercedes Benz Group AG, Mitsubishi Heavy Industries Ltd., Robert Bosch GmbH, Rolls Royce Holdings Plc, Volkswagen AG, and Wartsila Corp.. Also, the diesel engine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.