Press release
Diesel Power Engine Market 2018 Growth Rate Analysis with Top Leaders Caterpillar Inc., Cummins, Inc., MAN SE, Rolls-Royce Holdings plc., Wärtsilä Corp, Mitsubishi Heavy Industries, Ltd.
Market HighlightsThe diesel engine is an internal-combustion engine wherein air is compressed to a sufficiently high temperature to ignite diesel fuel injected into the cylinder, and combustion and expansion actuate a piston. Diesel engine converts the chemical energy stored in the fuel into mechanical energy, which can be used to power various equipment at the end-user level.
Diesel power engines can be used in two-stroke and four-stroke engines, as well. Also, they are manufactured as v-configuration units or as inline. Diesel engines are commonly used in automobiles, power generators and mechanical engines. They also have wide application in various commercial and industrial sectors. The diesel engine is extremely efficient and cost-effective. Diesel fuels are priced moderately higher than gasoline, but diesel has a higher energy density, i.e. more energy can be extracted from diesel as compared with the same volume of gasoline. Therefore, diesel engines provide higher mileage in automobiles, making them an obvious choice for heavy-duty transportation and equipment. Diesel is heavier and denser compared with gasoline and has a boiling point higher than that of water. Moreover, diesel engines are attracting greater attention due to higher efficiency and cost-effectiveness.
The Global Diesel Power Engine Market is expected to grow at ~ 5.5% CAGR during the forecast period.
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A diesel engine compresses only air, and the ratio can be high. It compresses air at the ratio of 14:1 up to 25:1, whereas the compression ratio of a gasoline engine is between 8:1 and 12:1. This makes the diesel engine more efficient and effective while performing power generating applications. Growing demand for heavy-end equipment across several industries is expected to be the prime driving factor for diesel engine market growth over the forecast period.
Key Players
The key players in the global diesel power engine market are Caterpillar Inc. (U.S.), Cummins, Inc. (U.S.), MAN SE (Germany), Rolls-Royce Holdings plc. (U.K.), Wärtsilä Corp (Finland), Mitsubishi Heavy Industries, Ltd. (Japan), Volvo Penta (Sweden), Hyundai Heavy Industries Co., Ltd. (South Korea), Doosan (South Korea), Yanmar Co., Ltd. (Japan), Kubota Corporation (Japan) and Kohler Co. (U.S.).
Asia Pacific Diesel Power Engine Market, is expected to have the highest CAGR.
The global diesel power engine market is segmented into four prominent regions, as Asia Pacific, North America, Europe and Rest of the World. Asia Pacific region is expected to have the highest CAGR during the forecast period. This growth is attributed to growing industrialization & urbanization in the region. Prominent countries such as China, Japan and India are driving the diesel power engine market in the Asia Pacific region. The market in Asia Pacific is primarily driven by the growing demand for reliable power supply, rising
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Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Diesel Power Engine Market, By Operation
Continue………………
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