Global Diesel Engines Market 2024-2028
The diesel engines market is forecasted to grow by USD 13.4 bn during 2023-2028, accelerating at a CAGR of 3.34% during the forecast period. The report on the diesel engines 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 diesel engine technology gaining momentum on technological advances, diesel to remain leading fuel type in generators, and increase in seaborne trade.
Technavio's diesel engines market is segmented as below:
ByType
- Multi cylinder
- Single cylinder
ByEnd-user
- Marine
- Construction
- Agriculture
- Generators
ByGeography
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the gradual conversion of conventional engines to dual fuel as one of the prime reasons driving the diesel engines market growth during the next few years. Also, volatile maritime environment impacting fuel engines demand and hybrid systems for construction equipment will lead to sizable demand in the market.
The report on the diesel engines market covers the following areas:
- Diesel engines market sizing
- Diesel engines market forecast
- Diesel engines 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 engines market vendors that include AB Volvo, Anglo Belgian Corp., Caterpillar Inc., CNPC Jichai Power Co. Ltd., Cummins Inc., Daihatsu Diesel Mfg. Co. Ltd., DEUTZ AG, Fairbanks Morse LLC, IHI Corp., Isuzu Motors Ltd., Iveco Group N.V, J C Bamford Excavators Ltd., Kirloskar Oil Engines Ltd., Kohler Co., Kubota Corp., Liebherr International Deutschland GmbH, MAN Truck and Bus SE, Mitsubishi Heavy Industries Ltd., Wartsila Corp., and Yanmar Holdings Co. Ltd.. Also, the diesel engines 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.