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The Diesel Engines Market size was valued at USD 64.12 billion in 2023 and is expected to reach USD 92.76 billion by 2032 at a CAGR of 4.20% during the forecast period of 2024-2032.
The diesel engine market is undergoing significant transformation, driven by tighter emission standards and the demand for improved fuel efficiency across a range of sectors, including transportation, agriculture, and heavy-duty machinery. Innovations in emission control technologies such as turbocharging, selective catalytic reduction (SCR), and exhaust gas recirculation (EGR) have become integral to meeting stricter regulations while maintaining engine performance. SCR systems have been particularly effective in reducing nitrogen oxide (NOx) emissions, helping engines comply with the latest environmental standards. Another notable trend is the increasing use of hybrid diesel engines, which combine traditional diesel power with electric motor assistance. This hybridization is becoming more common in sectors like mining, logistics, and construction, where fuel efficiency and reduced emissions are critical. These hybrid systems provide the operational benefits of diesel engines while minimizing environmental impact, making them particularly appealing for businesses seeking to lower their operational costs.
In agriculture and construction, diesel engines remain essential due to their power and durability, especially in demanding environments. Heavy-duty equipment like tractors, excavators, and cranes rely on diesel engines for their high-power output and ability to function reliably in harsh conditions. Additionally, modern fuel injection systems, such as common rail technology, are significantly improving engine efficiency by enhancing fuel atomization, resulting in better performance and reduced fuel consumption. Diesel-powered generators also play a crucial role in providing backup power in critical sectors, including healthcare, data centers, and airports. Their ability to deliver reliable energy in emergency situations, particularly in areas lacking a consistent power supply, makes them indispensable. As renewable energy sources continue to grow, diesel engines are still seen as an essential component in ensuring energy stability during power outages or periods of high demand.
Type of Diesel Engine | Description | Commercial Products |
---|---|---|
Small Diesel Engines | Compact engines typically used for light-duty applications such as small machinery and vehicles. | Yanmar L100N, Kohler KDW 1003 |
Industrial Diesel Engines | High-power engines designed for heavy-duty applications in construction, mining, and industrial use. | Cummins QSK60, Caterpillar C32 |
Marine Diesel Engines | Engines specifically engineered for marine applications, offering durability in maritime conditions. | MAN 175D, MTU Series 4000 |
Automotive Diesel Engines | Diesel engines built for use in vehicles, optimized for fuel efficiency and lower emissions. | Ford 3.0L Power Stroke, Volkswagen EA288 Evo |
Agricultural Diesel Engines | Designed for tractors, harvesters, and other agricultural equipment, focusing on rugged performance. | John Deere PowerTech, Perkins 1104D-44T |
Stationary Diesel Engines | Used in fixed installations like generators and pumps, providing reliable power with low maintenance. | Mitsubishi S6R2-Y3PTAW, Caterpillar 3512C |
Generator Diesel Engines | Engines optimized for power generation, often used in standby or continuous power supply applications. | Cummins QSX15-G8, Perkins 4016-61TRG3 |
Heavy-Duty Diesel Engines | Engines built to endure demanding environments with high torque and durability for large equipment. | Volvo D13, Scania DC13 |
Turbocharged Diesel Engines | Equipped with turbochargers for increased power output and fuel efficiency. | Mercedes-Benz OM 654, Fiat Powertrain F1C |
Eco-Friendly Diesel Engines | Engines that comply with stringent emissions standards and focus on reducing environmental impact. | Volvo D8J Tier 4 Final, Cummins B6.7 Stage V |
Dual-Fuel Diesel Engines | Diesel engines capable of operating on two types of fuel, enhancing fuel flexibility and efficiency. | Wärtsilä 31DF, MAN V35/44G |
DRIVERS
The demand for diesel engines continues to grow, largely due to their fuel efficiency, durability, and robust torque output, making them ideal for automotive and industrial applications. In the automotive sector, diesel engines power a wide range of vehicles, especially commercial trucks and buses, where they offer greater mileage and lower fuel costs compared to gasoline engines. In Europe, diesel engines power approximately 70% of light commercial vehicles due to their efficiency and lower CO₂ emissions per kilometer, which supports environmental standards. In industrial applications, diesel engines are pivotal in construction, mining, and agriculture due to their ability to handle heavy loads and endure rigorous, prolonged usage. Construction and mining equipment, such as excavators, loaders, and tractors, often rely on diesel engines for their high torque at low speeds, allowing these machines to perform heavy-duty tasks without compromising efficiency. Agriculture machinery, too, such as harvesters and tractors, benefits from diesel engines' extended operational life and lower maintenance requirements, contributing to lower overall costs for farmers.
Additionally, the global shift toward more stringent emissions regulations is fostering technological advancements in diesel engines, such as turbocharging and exhaust treatment, which further improve their efficiency and reduce environmental impact. In emerging markets, where electricity access is limited, diesel engines are essential for power generation, driving continued demand. This combination of high efficiency, durability, and adaptability positions diesel engines as a core technology in both developed and developing regions.
Advancements in diesel engine technology, particularly through turbocharging and direct fuel injection, have led to notable improvements in performance, fuel efficiency, and emissions control. Turbocharging technology, which forces more air into the engine's combustion chamber, allows for increased power output without enlarging the engine size. This has made diesel engines more powerful while also improving fuel efficiency, a critical factor for both commercial and consumer diesel applications. Furthermore, direct fuel injection, which precisely controls fuel delivery into the combustion chamber, has improved the combustion process, leading to more efficient fuel use and reduced emissions.
Recent technological strides have also introduced exhaust after-treatment systems, including diesel particulate filters (DPFs) and selective catalytic reduction (SCR) systems. These systems help meet stringent environmental standards by significantly reducing nitrogen oxide (NOx) emissions a major contributor to air pollution. SCR systems can reduce NOx emissions by up to 90%, while DPFs are capable of capturing up to 98% of particulate matter, including soot. Combined, these advancements have transformed diesel engines, making them an eco-friendlier option and aligning them closer to global emission standards, such as Euro 6 in Europe and Tier 4 in the United States. The result is that diesel engines today offer a balanced solution of power, efficiency, and environmental responsibility, keeping them relevant in industries where both performance and reduced emissions are essential. This evolution helps diesel engines remain competitive even as alternative power sources, like electric engines, gain popularity.
RESTRAIN
Stringent emission regulations have become a critical factor shaping the diesel engine market, as diesel engines traditionally emit more nitrogen oxides (NOx) and particulate matter (PM) than gasoline engines. Diesel exhaust emissions, including NOx and PM, contribute significantly to air pollution and are linked to respiratory and environmental health issues. As a result, many countries are enforcing stricter emission standards to reduce these pollutants. The European Union’s Euro 6 standards, for instance, have set stringent limits on NOx and PM emissions from vehicles, pressuring manufacturers to reduce emissions or face penalties. Similarly, the United States Environmental Protection Agency (EPA) has enforced rules under the Clean Air Act to limit diesel emissions, including standards for both on-road and off-road engines.
Compliance with these regulations requires automakers and diesel engine producers to invest in advanced emission-reduction technologies, such as selective catalytic reduction (SCR) systems and diesel particulate filters (DPF). However, these technologies increase production costs, which can deter some manufacturers. Many industries, including transportation and construction, are shifting towards alternative power sources, such as electric and hybrid systems, to comply with the stricter emission standards. According to the research, emissions from diesel vehicles are expected to decrease significantly by 2030, as electrification and hybridization gain traction. This regulatory push for cleaner energy solutions places a strain on the growth of the diesel engine market, signaling a shift toward more sustainable alternatives to meet global environmental goals.
By Speed
The Medium (720–1200 rpm) diesel engine segment dominated the market share over 40.2% in 2023, due to its versatility and widespread use in various sectors, particularly in commercial vehicles, construction machinery, and industrial applications. These engines are renowned for offering an optimal balance between fuel efficiency and power output, making them ideal for heavy-duty operations. Medium-speed engines are commonly found in medium-duty trucks, construction equipment like excavators and bulldozers, and industrial machines. Their efficiency, coupled with a robust torque profile, makes them suitable for both on-road and off-road applications. Moreover, medium-speed diesel engines are generally more fuel-efficient compared to their high-speed counterparts, which is a crucial factor in industries where operational costs are significant.
By Power Rating
The 2.1–5.0 MW power rating segment dominated the market share over 38.09% in 2023, due to its widespread use in various industrial and commercial applications. Medium-power diesel engines in this range are essential for power generation, providing reliable energy in both urban and remote locations. These engines are also employed in the marine industry for vessel propulsion and onboard power supply, as well as in heavy-duty vehicles such as trucks and construction machinery. The versatility of these engines, offering a balance between power and fuel efficiency, has made them a preferred choice. Furthermore, industries requiring uninterrupted operation, such as manufacturing plants, often rely on these engines for backup power, ensuring the continuity of business operations.
North America region dominated the market share over 42% in 2023, to its robust industrial framework and widespread adoption of advanced technologies. The region has a substantial fleet of diesel-powered vehicles, with heavy-duty trucks and construction machinery accounting for a significant share. The U.S. alone has over 3 million heavy-duty trucks on the road, most of which are powered by diesel engines. The agricultural sector in North America also plays a critical role, with a growing number of diesel-powered tractors and harvesters that enhance productivity. In the energy sector, diesel engines are crucial for backup power systems and offshore applications, with thousands of diesel generators used across remote areas and industrial sites.
The Asia Pacific region is set to experience rapid growth in the diesel engines market from 2024 to 2032, driven by key factors such as the surge in maritime activity. The number of boats, crafts, and vessels is rising, which significantly increases the demand for propulsion systems and small marine engines. In countries like China, India, Japan, and South Korea, there is an accelerated expansion of the maritime industry, with a growing number of commercial vessels and fishing boats relying on diesel-powered engines for efficiency and reliability. Additionally, the defense sector is fueling demand for diesel engines, as countries in the region, particularly China and India, expand and modernize their naval fleets in response to territorial disputes.
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Some of the major Key Players of Diesel Engines Market
AGCO Corporation (Tractors, Combines, Diesel Engines for agricultural machinery)
Robert Bosch GmbH (Diesel Fuel Systems, Injectors, Diesel Engine Components)
Deere & Company (John Deere Diesel Engines, Agricultural Equipment)
Continental AG (Turbochargers, Fuel Systems, Diesel Engine Components)
Delphi Automotive System Private Limited (Diesel Fuel Injection Systems, Turbochargers)
Mitsubishi Heavy Industries, Ltd (Marine Diesel Engines, Power Generation Engines)
Ford Motor Company (Ford Super Duty Diesel Engines, Pickup Trucks)
General Motors Company (Duramax Diesel Engines for trucks)
MAN SE (Marine Diesel Engines, Commercial Vehicle Engines)
Wärtsilä Oyj Abp (Marine Diesel Engines, Power Plant Engines)
Cummins, Inc (QSK Series Diesel Engines, Diesel Generators, Heavy-duty Engines)
Rolls-Royce Motor Cars Limited (V12 Diesel Engines for luxury vehicles)
Caterpillar Inc. (Caterpillar Diesel Engines for construction and mining equipment)
Volvo Group (Volvo Diesel Engines for Trucks, Buses, and Construction Equipment)
Perkins Engines Company Limited (Industrial Diesel Engines, Agricultural Diesel Engines)
Honda Motor Co., Ltd (Honda Diesel Engines for Agricultural and Industrial Applications)
Isuzu Motors Ltd (Isuzu Diesel Engines for Commercial Vehicles, Light Duty Trucks)
MAN Engines (Marine Diesel Engines, Industrial Diesel Engines)
Hyundai Motor Company (Diesel Engines for Commercial Vehicles, Passenger Cars)
Kohler Co. (Kohler Diesel Engines for Agricultural, Industrial, and Commercial Applications)
Suppliers for Known for heavy-duty diesel engines for commercial vehicles and industrial applications of Diesel Engines Market:
Cummins, Inc.
Caterpillar Inc.
Perkins Engines Company Limited
MAN SE
Robert Bosch GmbH
Mitsubishi Heavy Industries, Ltd.
Deere & Company
Volvo Group
Isuzu Motors Ltd.
Wärtsilä Oyj Abp
In March 2023: Caterpillar introduced the CAT C13D, a new 13-liter diesel engine platform engineered to deliver exceptional power density, torque, and fuel efficiency, enhancing heavy-duty off-highway performance. The C13D complies with stringent emissions standards, including EU Stage V, US EPA Tier 4 Final, China Non-road IV, Korea Stage V, and Japan 2014, with variants tailored for less-regulated markets.
In April 2023: General Motors Company announced plans to expand its DMAX manufacturing facility in Brookville, Ohio. The Dayton-Montgomery County Board of Trustees approved the expansion, and the new capital lease agreement enables General Motors to move forward with the project.
In March 2023: Deere & Company unveiled a new generation of engines, including the JD4, JD14, and JD18, offering power outputs ranging from 36 to 677 kW (48 to 908 hp). The JD4 engine delivers up to 120 kW (161 hp) with a rear gear train for reduced noise and enhanced PTO power.
Report Attributes | Details |
---|---|
Market Size in 2023 | USD 64.12 Billion |
Market Size by 2032 | USD 92.76 Billion |
CAGR | CAGR of 4.20% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Speed (Low (Up to 720 rpm), Medium (720-1200 rpm), High (1200-1800 rpm, Above 1800 rpm)) • By power rating (Below 0.5 MW, 0.5-1.0 MW, 1.1-2.0 MW, 2.1-5.0MW, above 5.0 MW) By end user (Power generation, Marines, Locomotives, Oil & Gas, Mining, Construction, Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | AGCO Corporation, Robert Bosch GmbH, Deere & Company, Continental AG, Delphi Automotive System Private Limited, Mitsubishi Heavy Industries, Ltd, Ford Motor Company, General Motors Company, MAN SE, Wärtsilä Oyj Abp, Cummins, Inc, Rolls-Royce Motor Cars Limited, Caterpillar Inc., Volvo Group, Perkins Engines Company Limited, Honda Motor Co., Ltd, Isuzu Motors Ltd, MAN Engines, Hyundai Motor Company, Kohler Co. |
Key Drivers | • Diesel engines are increasingly in demand across automotive, construction, and agriculture sectors due to their fuel efficiency, durability, and reliable power output. • Technological advancements like turbocharging and direct fuel injection have improved diesel engines' performance, efficiency, and emissions control, making them more appealing and eco-friendlier. |
RESTRAINTS | • Stringent emission regulations are limiting diesel engine market growth due to the need for costly emission-reduction technologies to meet global NOx and PM standards, prompting a shift towards cleaner alternatives. |
Ans: The Diesel Engines Market is expected to grow at a CAGR of 4.20% during 2024-2032.
Ans: The Diesel Engines Market was USD 64.12 Billion in 2023 and is expected to Reach USD 92.76 Billion by 2032.
Ans: Technological advancements like turbocharging and direct fuel injection have improved diesel engines' performance, efficiency, and emissions control, making them more appealing and eco-friendlier.
Ans: The “Medium (720–1200 rpm)” segment dominated the Diesel Engines Market.
Ans: North America dominated the Diesel Engines Market in 2023.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics
4.1 Market Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Manufacturing Output, by Region, (2020-2023)
5.2 Utilization Rates, by Region, (2020-2023)
5.3 Maintenance and Downtime Metrix
5.4 Technological Adoption Rates, by Region
5.5 Export/Import Data, by Region (2023)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Diesel Engines Market Segmentation, By Speed
7.1 Chapter Overview
7.2 Low (Up to 720 rpm)
7.2.1 Low (Up to 720 rpm) Market Trends Analysis (2020-2032)
7.2.2 Low (Up to 720 rpm) Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Medium (720–1200 rpm)
7.3.1 Medium (720–1200 rpm) Market Trends Analysis (2020-2032)
7.3.2 Medium (720–1200 rpm) Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 High (1200–1800 rpm, Above 1800 rpm)
7.4.1 High (1200–1800 rpm, Above 1800 rpm) Market Trends Analysis (2020-2032)
7.4.2 High (1200–1800 rpm, Above 1800 rpm) Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Diesel Engines Market Segmentation, By Power Rating
8.1 Chapter Overview
8.2 Below 0.5 MW
8.2.1 Below 0.5 MW Market Trends Analysis (2020-2032)
8.2.2 Below 0.5 MW Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 0.5–1.0 MW
8.3.1 0.5–1.0 MW Market Trends Analysis (2020-2032)
8.3.2 0.5–1.0 MW Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 1.1–2.0 MW
8.4.1 1.1–2.0 MW Market Trends Analysis (2020-2032)
8.4.2 1.1–2.0 MW Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 2.1–5.0 MW
8.5.1 2.1–5.0 MW Market Trends Analysis (2020-2032)
8.5.2 2.1–5.0 MW Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Above 5.0 MW
8.6.1 Above 5.0 MW Market Trends Analysis (2020-2032)
8.6.2 Above 5.0 MW Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Diesel Engines Market Segmentation, By End user
9.1 Chapter Overview
9.2 Power generation
9.2.1 Power generation Market Trends Analysis (2020-2032)
9.2.2 Power generation Market Size Estimates and Forecasts to 2032 (USD Billion)
9.2.3 Marines
9.2.3.1 Marines Market Trends Analysis (2020-2032)
9.2.3.2 Marines Market Size Estimates and Forecasts to 2032 (USD Billion)
9.2.4 Locomotives
9.2.4.1 Locomotives Market Trends Analysis (2020-2032)
9.2.4.2 Locomotives Market Size Estimates and Forecasts to 2032 (USD Billion)
9.2.5 Oil & Gas
9.2.5.1 Oil & Gas Market Trends Analysis (2020-2032)
9.2.5.2 Oil & Gas Market Size Estimates and Forecasts to 2032 (USD Billion)
9.2.6 Mining
9.2.6.1 Mining Market Trends Analysis (2020-2032)
9.2.6.2 Mining Market Size Estimates and Forecasts to 2032 (USD Billion)
9.2.7 Construction
9.2.7.1 Construction Market Trends Analysis (2020-2032)
9.2.7.2 Construction Market Size Estimates and Forecasts to 2032 (USD Billion)
9.2.8 Others
9.2.8.1 Others Market Trends Analysis (2020-2032)
9.2.8.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Diesel Engines Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.2.4 North America Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.2.5 North America Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.2.6.2 USA Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.2.6.3 USA Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.2.7.2 Canada Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.2.7.3 Canada Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.2.8.2 Mexico Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.2.8.3 Mexico Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Diesel Engines Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.1.6.2 Poland Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.1.6.3 Poland Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.1.7.2 Romania Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.1.7.3 Romania Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Diesel Engines Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.2.4 Western Europe Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.2.5 Western Europe Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.2.6.2 Germany Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.2.6.3 Germany Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.2.7.2 France Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.2.7.3 France Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.2.8.2 UK Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.2.8.3 UK Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.2.9.2 Italy Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.2.9.3 Italy Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.2.10.2 Spain Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.2.10.3 Spain Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.2.13.2 Austria Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.2.13.3 Austria Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4 Asia-Pacific
10.4.1 Trends Analysis
10.4.2 Asia-Pacific Diesel Engines Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia-Pacific Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.4.4 Asia-Pacific Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.4.5 Asia-Pacific Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.4.6.2 China Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.4.6.3 China Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.4.7.2 India Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.4.7.3 India Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.4.8.2 Japan Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.4.8.3 Japan Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.4.9.2 South Korea Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.4.9.3 South Korea Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.4.10.2 Vietnam Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.4.10.3 Vietnam Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.4.11.2 Singapore Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.4.11.3 Singapore Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.4.12.2 Australia Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.4.12.3 Australia Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.4.13 Rest of Asia-Pacific
10.4.13.1 Rest of Asia-Pacific Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia-Pacific Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia-Pacific Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Diesel Engines Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.5.1.4 Middle East Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.5.1.5 Middle East Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.5.1.6.2 UAE Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.5.1.6.3 UAE Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Diesel Engines Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.5.2.4 Africa Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.5.2.5 Africa Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Diesel Engines Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.6.4 Latin America Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.6.5 Latin America Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.6.6.2 Brazil Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.6.6.3 Brazil Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.6.7.2 Argentina Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.6.7.3 Argentina Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.6.8.2 Colombia Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.6.8.3 Colombia Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Diesel Engines Market Estimates and Forecasts, By Speed (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Diesel Engines Market Estimates and Forecasts, By Power Rating (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Diesel Engines Market Estimates and Forecasts, By End-User (2020-2032) (USD Billion)
11. Company Profiles
11.1 AGCO Corporation
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 Robert Bosch GmbH
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Deere & Company
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Continental AG
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Delphi Automotive System Private Limited
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Mitsubishi Heavy Industries, Ltd
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Ford Motor Company
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 General Motors Company
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 MAN SE
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Cummins, Inc
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segmentation
By Speed
Low (Up to 720 rpm)
Medium (720–1200 rpm)
High (1200–1800 rpm, Above 1800 rpm)
By Power Rating
Below 0.5 MW
0.5–1.0 MW
1.1–2.0 MW
2.1–5.0 MW
Above 5.0 MW
By End user
Power generation
Marines
Locomotives
Oil & Gas
Mining
Construction
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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