Diesel Engine Market Report: Trends, Forecast and Competitive Analysis
The future of the global diesel engine market looks promising with opportunities in the industrial, commercial, and residential segments. The global diesel engine market is expected to grow with a CAGR of 4%-6% from 2021 to 2026. The major drivers for this market are growth in hybrid vehicles, high demand for diesel engines, and provide better fuel efficiency.
Emerging trends, which have a direct impact on the dynamics of the industry, include rising energy demands from infrastructure growth, increase in adoption of electric cars, and increasing use of sophisticated technical engines.
A total of 130 figures / charts and 104 tables are provided in this more than 150 page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global diesel engine market report, please download the report brochure.
The study includes trends and forecast for the global diesel engine market by application, end use, and region, as follows:
By Application [Value ($ Million) from 2015 to 2026]:
- Automotive
- On-Road
- Light Vehicles
- Medium/Heavy Trucks
- Light Trucks
- Off-Road
- Industrial/Construction Equipment
- Agriculture Equipment
- Marine Applications
- Non-Automotive
By End Use [Value ($ Million) from 2015 to 2026]:
- Industrial
- Commercial
- Residential
By Region [Value ($ Million) from 2015 to 2026]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- APAC
- China
- India
- Japan
- ROW
- Middle East
- Brazil
Some of the diesel engine companies profiled in this report include Cummins Inc., Kubota Corporation, ISUZU MOTORS LIMITED, Yanmar Co., Ltd., Continental AG, Rolls-Royce and Fiat Powertrain Technologies S.p.A.
Lucintel forecasts that automotive will remain the largest segment, and it is also expected to witness the highest growth over the forecast period because diesel engines are more fuel efficient than petrol ones and the emission standards for diesel engines are higher than those for petrol.
Within the global diesel engine market, the industrial segment is expected to witness the highest growth over the forecast period due to economic development by governments and growth of oil, gas, construction, and other industries in developing countries.
APAC is expected to remain the largest market and witness the highest growth over the forecast period due to the increased use of commercial vehicles in the industrial sector and growth in vehicle sales.
Features of the Global Diesel engine Market |
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