Global Diesel Power Engine Market 2024-2028
The diesel power engine market is forecasted to grow by USD 39.1 bn during 2023-2028, accelerating at a CAGR of 3.21% during the forecast period. The report on the diesel power 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 the advantages of diesel power engines over petrol engines, rising demand for reliable and uninterrupted power, and rapid industrialization and growing construction equipment.
Technavio's diesel power engine market is segmented as below:
By Application
By End-user
- Industrial
- Commercial
- Residential
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the advancements in diesel power engines as one of the prime reasons driving the diesel power engine market growth during the next few years. Also, the emergence of new diesel exhaust systems and the rise in demand for intelligent engine control systems will lead to sizable demand in the market.
The report on the diesel power engine market covers the following areas:
- Diesel power engine market sizing
- Diesel power engine market forecast
- Diesel power 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 power engine market vendors that including AB Volvo, AGCO Corp., Anglo Belgian Corp., Aviation Industry Corp. of China Co. Ltd., Caterpillar Inc., China FAW Group Co. Ltd., Cooper Corp., Cummins Inc., Deere and Co., Ford Motor Co., Hyundai Motor Co., IHI Corp., Kohler Co., Kubota Corp., Mahindra and Mahindra Ltd., Mitsubishi Heavy Industries Ltd., Rolls Royce Holdings Plc, Volkswagen AG, Wartsila Corp., and Yanmar Holdings Co. Ltd.. Also, the diesel power 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 way of study, synthesis, and summation of data from multiple sources through 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 accurate market growth.