openPR Logo
Press release

Market Forecast Report on Off-Highway Diesel Engine 2017-2025

Market Forecast Report on Off-Highway Diesel Engine 2017-2025

Off-Highway diesel engines refer to those engines that are designed to meet the needs of applications across sectors such as construction, mining and industrial. These engines deliver stable performance in extreme conditions such as dust, vibration, high altitudes and harsh climatic conditions thereby improving productivity and enhancing profitability. Such engines are also used in off-highway vehicles such as excavators, cranes, mixers, backhoes and forklifts in performing various tasks. These diesel engines are configured each time to meet the heavy-duty requirements for specific applications.

Request to Browse Full Table of Content, figure and Tables @ https://www.persistencemarketresearch.com/toc/20671

On the basis of end-use applications, the off-highway diesel engine market is segmented into mining, construction, and agricultural applications. On the basis of region, the off-highway diesel engine market revenue is primarily contributed by the North American region due to the presence of off-road emission standards such as California Air Resources Board (CARB) and U.S. Environmental Protection Agency (EPA), which drive their adoption across industries. Asia Pacific is expected to contribute to the growth of this market due to the increasing mining and construction activities in the region.

The increasing government regulations for near-zero diesel emissions are the prime factors fuelling the growth of off-highway diesel engines market. For instance, U.S. EPA has implemented emission standards for all off-road vehicles, equipment and engines and supports the deployment of off-highway diesel engines that comply with such regulations. In addition to EPA, the CARB has implemented stringent regulations for handheld and non-handheld engines to control the exhaust emissions and control pollution related urban health problems.

Request Sample Report @ https://www.persistencemarketresearch.com/samples/20671

Similarly, European Commission has implemented measures to reduce air pollutants from non-road mobile machineries, thereby encouraging the use of off-highway diesel engines. Another factor fuelling the growth of off-highway diesel engine market is the stiff competition in the mining industries to cut down costs on fuel prices and enhance profits. Therefore, the fleet operators and managers prefer the use of off-highway diesel engine so as to gain competitive advantage and sustain profitability.

However, the costs associated with deploying such diesel engines are too high for small and medium sized fleet operators. Due to the low profit margins, they continue using the conventional machineries and equipment for executing the mining and construction activities. Also, countries with unstable mining policies hamper the regular use of such off-highway diesel engine equipment. These factors adversely affect the growth of off-highway diesel engine market.

With the goal to comply with the changing emission standards and improve fuel efficiency, major players in the market are coming with new machinery and equipment. This helps them improve the product portfolio and further penetrate the international markets. For instance, Volvo Construction Equipment, one of the major players in the market, on 28th July 2014, introduced H-series L110H and L120H wheel loaders that meet stringent emission regulations.

Read Report Overview @ https://www.persistencemarketresearch.com/market-research/off-highway-diesel-engine-market.asp

It possesses the innovative optishift transmission system for improved fuel efficiency up to 18 percent. The other prominent players in the market are Deere & Company (U.S.), Scania AB (Sweden), Perkins Engines (U.S.), MTU Detroit Diesel (Australia), Komatsu America Corporation (U.S.), Cummins Inc. (U.S.), CNH Industrial N.V (Italy) and Caterpillar Inc. (U.S.).

ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Market Forecast Report on Off-Highway Diesel Engine 2017-2025 here

News-ID: 985824 • Views: 196

More Releases from Persistence Market Research

Global Waterborne Coatings Market Revenue to Witness Steady Growth Through 2020
Waterborne coatings are green substrates using water as solvent to dissolve a resin, making them environment friendly and easy to apply. These coatings usually contain approximately 80% of water with minimum quantities of other solvents such as glycol ethers. As per the U.S. and European regulations of waterborne coatings to have a VOC content less than 3.5 gallons of water, these are considered eco-friendly in nature. Various types of coatings
Manufacturers to Benefit from Lucrative Growth Prospects in the Global Textile P …
Application of coloring pattern and design to decorate the finished fabric is referred as printing. At the time of printing the color is applied to the fabric so that the color or design is not affected at the time of washing. Textile printing is a process of applying color to fabric in definite pattern and design. Textile printing is sometime confused with dyeing. In dyeing whole fabric is uniformly colored
Demand for Triazole Fungicides to Rise Significantly from Key End-use Industry S …
The growth of the crop can be affected by fungal infection. Fungicides are chemical compound used to kill fungi or fungal spores. Triazole is most widely used fungicides due to their different uses and efficacy against a number of fungal diseases. Triazole is highly effective against many different fungal diseases include rusts, leaf-spotting fungi and powdery mildews. Triazole is used on field crops, fruit trees and vegetables. Repeated use
Global Purified Terephthalic Acid Market Revenue to Witness Rapid Growth in the …
Purified terephthalic acid (PTA) is a chemical which is synthesized from crude oil. It is majorly used to manufacture polyester fiber. Its end-user industries include textile and home furnishing where PTA is required to manufacture garments such as bed sheets, curtains and clothes. Request For Report Sample@https://www.persistencemarketresearch.com/samples/3434 The market for purified terephthalic is expected to witness noticeable expansion in the coming years with the growing demand for polyester, specifically in

All 5 Releases


More Releases for Diesel

Global Diesel Market Insights, Forecast to 2025
Market Research Report Store offers a latest published report on Diesel Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 158 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.marketresearchreportstore.com/reports/420770/global-diesel-market-insights   Diesel oil, also called diesel fuel, combustible liquid
Diesel Engines for Non-Automotive Applications Market Global Outlook 2018: Wrtsi …
Qyresearchreports include new market research report “2018-2025 Diesel Engines for Non-Automotive Applications Report on Global and United States Market, Status and Forecast, by Players, Types and Applications” to its huge collection of research reports. In the past few years, the global market for Diesel Engines for Non-Automotive Applications has witness a number of changes. This study is an attempt to understand the impact of these changes on the Diesel Engines for
Diesel Engine Market
This report studies the Diesel Engine market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The diesel engine is an internal combustion engine in which air is compressed inside the cylinder to
Marine Diesel Engines Market
MaketStudyReport.com adds a New Marine Diesel Engines Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 5% CAGR to 2024. Marine Diesel Engines Market size is set to exceed USD 7 billion by 2024, according to a new research report. Growing demand for economic viable engines coupled with rise in seaborne trade will drive marine diesel engines market. According to United
Asia-Pacific Marine Diesel Market Report 2017
MarketResearchReports.Biz presents this most up-to-date research on "Asia-Pacific Marine Diesel Market Report 2017" Description In this report, the Asia-Pacific Marine Diesel market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth
Asia-Pacific Marine Diesel Market Report 2017
MarketResearchReports.Biz presents this most up-to-date research on "Asia-Pacific Marine Diesel Market Report 2017" Description In this report, the Asia-Pacific Marine Diesel market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth