Diesel power engine Market Competition Strategy, Future Demand, Scope, Market Analysis & Outlook upto 2030

Diesel Power Engine Market Overview:

Diesel Power Engine Market size is expected to grow at USD 13.12 Billion by 2030 with 6.91% CAGR during the forecast period.

Diesel is an internal combustion engine, wherein air is compressed to an adequately high temperature to burn diesel fuel introduced into the cylinder, and combustion and expansion trigger a piston.

Diesel engine converts the chemical energy stored in the fuel into mechanical energy, which can be used to power various equipment at every end-user level.

Diesel power engines have a wide application in various sectors such as industrial, commercial, and residential for standby, prime, continuous, and peak shaving. The growth in the number of data centres and IT facilities, indicating urbanization in developing countries, is expected to boost the diesel engine market.

However, the rise of alternate sources of power generation such as renewable energy, may hinder the growth of diesel power engine market.

Key Players:

Caterpillar Inc.
Cummins, Inc.
MAN SE
Rolls-Royce Holdings plc.
Wärtsilä Corp
Mitsubishi Heavy Industries, Ltd.
Volvo Penta
Hyundai Heavy Industries Co., Ltd.
Doosan
Yanmar Co., Ltd.
Kubota Corporation
Kohler Co among others

Scope of the Report

This study provides an overview of the global diesel power engine market share , tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the diesel power engine market by its operations, by rated power, by end-user and by region.

By Operation