The Global Diesel Engine Market is Expected to Reach Revenues of $266.3 Billion by 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Diesel Engine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global diesel engine market size reached US$ 212.4 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 266.3 Billion by 2027, exhibiting a CAGR of 3.75% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

The diesel engine is an internal combustion machine in which the air is compressed inside a cylindrical vessel to ignite the fuel. It changes the chemical energy stored in the fuel into mechanical energy which is used to power freight trucks, locomotives, large vessels, vehicles, etc. Currently, two types of diesel engines are available in the market. Two-stroke engines that complete a power cycle with two strokes of the piston during one crankshaft revolution, and four-stroke engines that complete the cycle with four separate strokes by turning the crankshaft. Diesel engines are capable of offering better operational performance and higher fuel economy, making them increasingly preferred among the end-users.

A key factor driving the demand for diesel engines is the fact that they provide better fuel efficiency compared to petrol engines and are extremely popular in commercial and heavy-duty vehicles. Moreover, the strong growth of the automobile industry, particularly in emerging markets such as India, China, Vietnam, etc. is also expected to create a positive impact on the demand for diesel engines.

Apart from this, growth in the non-automotive diesel engine market is also expected to catalyse the market with growth expected to be driven by rising energy demands from infrastructure growth and the manufacturing industry. Strong industrialization in developing economies has also increased the demand for diesel engines driven by an increasing requirement for a reliable and consistent source of power generation to ensure uninterrupted and efficient operations.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global diesel engine market, along with forecasts at the global and regional level from 2022-2027. The report has categorized the market based on power rating and end-user.

Breakup by Power Rating:

• 0.5 MW-1 MW
• Up to 0.5 MW
• 2 MW-5 MW
• 1 MW-2 MW
• Above 5 MW

Breakup by End-User:

• Automotive
• On-Road
• Light Vehicles
• Medium/Heavy Trucks
• Light Trucks
• Off-Road
• Industrial/Construction Equipment
• Agriculture Equipment
• Marine Applications
• Non-Automotive

Breakup by Region:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

Companies Mentioned

• AGCO Corporation
• China FAW Group
• Bosch
• Deere & Company
• Continental AG
• Delphi Automotive
• Mitsubishi Heavy Industries
• Ford Motor
• General Motors
• MAN SE
• Wartsila
• Cummins
• Caterpillar
• Rolls-Royce

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Diesel Engine Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Breakup by Power Rating

5.5 Market Breakup by End-User

5.6 Market Breakup by Region

5.7 Market Forecast

6 Market Breakup by Power Rating

6.1 0.5 MW-1 MW

6.2 Up to 0.5 MW

6.3 2 MW-5 MW

6.4 1 MW-2 MW

6.5 Above 5 MW

7 Market Breakup by End-User

7.1 Automotive

7.1.1 Market Trends

7.1.2 Market Breakup by Type

7.1.2.1 On-Road

7.1.2.1.1 Market Trends

7.1.2.1.2 Major Types

7.1.2.1.2.1 Light Vehicles

7.1.2.1.2.2 Medium/Heavy Trucks

7.1.2.1.2.3 Light Trucks

7.1.2.1.3 Market Forecast

7.1.2.2 Off-Road

7.1.2.2.1 Market Trends

7.1.2.2.2 Major Types

7.1.2.2.2.1 Industrial/Construction Equipment

7.1.2.2.2.2 Agriculture Equipment

7.1.2.2.2.3 Marine Applications

7.1.2.2.3 Market Forecast

7.1.3 Market Forecast

7.2 Non-Automotive

7.2.1 Market Trends

7.2.2 Market Forecast

8 Market Breakup by Region

8.1 Asia Pacific

8.2 Europe

8.3 North America

8.4 Middle East and Africa

8.5 Latin America

9 SWOT Analysis

9.1 Overview

9.2 Strengths

9.3 Weaknesses

9.4 Opportunities

9.5 Threats

10 Value Chain Analysis

10.1 Overview

10.2 Research and Development

10.3 Raw Material Procurement

10.4 Manufacturing

10.5 Marketing

10.6 Distribution

10.7 End-Use

11 Porters Five Forces Analysis

11.1 Overview

11.2 Bargaining Power of Buyers

11.3 Bargaining Power of Suppliers

11.4 Degree of Competition

11.5 Threat of New Entrants

11.6 Threat of Substitutes

12 Price Analysis

13 Manufacturing Process

13.1 Product Overview

13.2 Raw Material Requirements

13.3 Manufacturing Process

13.4 Key Success and Risk Factors

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

For more information about this report visit https://www.researchandmarkets.com/r/bku5g9