Diesel Engine Market
The diesel engine is an internal combustion engine in which air is compressed inside the cylinder to ignite the fuel. Two main types of diesel engines are available in the market. They are two-stroke and four-stroke engines. Diesel engines are capable of offering better operational performance, which makes them a preferred choice over petrol engines. The market is expected to witness high growth due to the rising demand for diesel engines from the automotive industries in APAC. The latest development observed in the market is the incorporation of exhaust after-treatment technologies. This technology aims to reduce emissions, and aid compliance with set standards and regulations.
The market has been witnessing a broad range of product enhancements and developments to comply with the international standard regulations of various regions such as Euro VI in Europe. One such development is the incorporation of exhaust after-treatment technology with the diesel engine. This technology enables low emissions from diesel engines and increases their efficiency and is likely to see increased market penetration in the coming years. Such product developments are expected to aid the market’s growth over the next several years.
APAC accounted for the highest market share in 2015. The demand for diesel engines is expected to rise owing to the high growth of the automotive industry and the growing construction activities in this region. The region is witnessing an increased demand for diesel-powered passenger vehicles from countries such as China, India, and Vietnam.
The global Diesel Engine market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Diesel Engine in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Mitsubishi Heavy Industries
Henan Diesel Engine Industry
Henan Diesel Engine Industry¸ J C Bamford
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
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