Global Non-Automotive Diesel Engines Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Non-Automotive Diesel Engines Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Non-Automotive Diesel Engines market finds that the global Non-Automotive Diesel Engines market reached a value of USD 77477.85 million in 2022. It’s expected that the market will achieve USD 100840.46 million by 2028, exhibiting a CAGR of 4.49% during the forecast period.

Influence of COVID-19 Outbreak on Non-Automotive Diesel Engines Industry Development

The COVID-19 Outbreak has led to a decline in offline passenger flow, and the advantages of e-commerce companies have become prominent. During the epidemic prevention and control period, some Non-Automotive Diesel Engines enterprises did not carry out internet marketing and promotion for their business, so they encountered great resistance in undertaking business. For enterprises that fail to make good use of network promotion means, there is almost no market development during the epidemic period, and the original offline market development plan is disrupted, and the epidemic will face fierce market homogenization competition, which is expected to have a great impact on the company's business throughout the year.

The impact of COVID-19 on the Non-Automotive Diesel Engines industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined. The government has also put forward higher requirements for the production and operation of enterprises. Although various industries around the world are gradually resuming work, production and demand will not pick up rapidly and substantially, and will require a certain recovery period.

Strength

Non-Automotive diesel engines have their own advantages. Diesel engines are more cost-effective than gasoline engine, they have more energy to convert into energy and reduce carbon dioxide emissions during combustion. Moreover, Diesel has high safety and reliability, the safety and reliability of diesel oil is high. On the one hand, the internal composition of diesel oil is not as active as that of gasoline, which is not easy to ignite or explode due to accidental circumstances. Therefore, the use of diesel oil is more stable and safer than that of gasoline. On the other hand, diesel engine speed is low, related parts are not easy to aging, parts also wear out less than gasoline engines, life span is relatively long
The non-automotive diesel engine market growth is poised for growth owing to technological proliferation and rise in gasoline prices.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Caterpillar, Cummins, Deere & Company, Kubota and Weichai Power are the five key players in the global Non-Automotive Diesel Engines market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Non-Automotive Diesel Engines market in the past 5 years.

Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Services offered throughout the product life cycle, cutting-edge technology and decades of product expertise set Caterpillar apart, providing exceptional value to help customers succeed.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines. The Company also manufactures electric power generation systems and engine-related component products, including filtration and exhaust aftertreatment, fuel systems, controls, and air handling systems.

The Engine Segment designs and manufactures state-of-the-art diesel and natural gas-powered engines for on-highway and off-highway use. The business also offers new parts and remanufactured parts and engines.

Segmentation Overview:

Among different product types, Conventional Diesel Engines segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Construction segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Non-Automotive Diesel Engines market covered in Chapter 3:

Wartsila
Power Solutions International
Deere & Company
Isuzu
Caterpillar
Kohler
HATZ Diesel
Fairbanks Morse Engine
Kubota
GE Transportation
Rolls-Royce
Volvo Penta
Henan Diesel Engine
Liebherr
Mitsubishi Heavy Industries
Kawasaki
Yanmar
Cummins
MAN
Weichai Power
Daihatsu
DEUTZ
JCB
Scania
Doosan Infracore

In Chapter 4 and Chapter 14.2, on the basis of types, the Non-Automotive Diesel Engines market from 2018 to 2029 is primarily split into:

Conventional Diesel Engines
Dual-Fuel Natural Gas Engines

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Non-Automotive Diesel Engines market from 2018 to 2029 covers:

Marine
Construction
Agriculture
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)