Mar 07, 2022, 06:01 EST
Shibuya-ku, Tokyo, Japan, Japan, Mar 07, 2022, 06:01 /Comserve / -- The Diesel Power Engine Market is expected to be around US$ 9.80 Billion by 2031 at a CAGR of 3.5% in the given forecast period.
Growing demand for heavy-end equipment’s across many industries is anticipated to be the key factor driving the diesel engine market growth over following few years. Diesel engines exhibit high thermal efficiency, that is additionally expected to fuel market demand. Increasing penetration across many application areas as well as construction, automobiles, power & gas etc. is anticipated to further impact the diesel engine market growth over the forecast period.
How Big is The Global Diesel Power Engine Market?
The Diesel Power Engine Market is expected to be around US$ 9.80 Billion by 2025 at a CAGR of 3.5% in the given forecast period.
The major driving factors of Diesel Power Engine Market are as follows:
Growth in Commercial Infrastructure
Growing Urbanization and Industrialization
The major restraining factors of Diesel Power Engine Market are as follows:
High Operation and Maintenance Cost
Availability of Alternate Energy Sources
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The major opportunities factor of Diesel Power Engine Market are as follows:
Growth in Hybrid Power Generation in Rural and Remote Locations
The major challenges factor of Diesel Power Engine Market are as follows:
Stringent Environmental and Governmental Regulations
The Diesel Power Engine Market has been segmented as below:
By Power Rating analysis:
UP TO 0.5MW
0.5 MW–1 MW
1 MW–2 MW
2 MW–5 MW
ABOVE 5 MW
By Application analysis:
By Operation Type analysis:
The Diesel Power Engine Market is segmented on the lines of its operation, power rating, end user and regional. Based on operation type is segmented into Standby, Prime/ Continuous and Peak Shaving. Based on power rating is segmented into UP TO 0.5MW, 0.5 MW–1 MW, 1 MW–2 MW, 2 MW–5 MW and ABOVE 5 MW. Based on application is segmented into Industrial, Commercial and Residential. The Diesel Power Engine Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific and Latin America. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
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This report provides:
1) An overview of the global market for Diesel Power Engine Market and related technologies.
2) Analyses of global market trends, with data from 2016, estimates for 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2025.
3) Identifications of new market opportunities and targeted promotional plans for Diesel Power Engine Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The scope of the report includes a detailed study of Diesel Power Engine Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report Caterpillar, Cummins, Man SE, Rolls-Royce Holdings, Wärtsilä, Mitsubishi Heavy Industries, Volvo Penta, Hyundai Heavy Industries, Doosan, Yanmar Holdings, Kubota and Kohler. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
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