Diesel Engine Market Analysis, Size, Share, Growth To 2022 by Grand View Research, Inc.


Diesel engines exhibit high thermal efficiency, which is also estimated to boost the market demand over the forecast period.
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Diesel Engine Market Analysis, Market size, Application

Analysis, Regional Outlook, Competitive Strategies and

Forecasts, 2015 to 2022

Increasing demand in heavy equipment across industries is estimated to drive the

diesel engine market. Growing popularity of diesel cars across several regions is

also expected to catapult market growth. Diesel engines exhibit high thermal

efficiency, which is also estimated to boost the market demand over the forecast

period. They are widely used in automotives, off-road equipment, submarines, and

ships owing to their high thermal efficiency. Increasing demand for diesel engines

in various applications such as construction, automobiles, and power & gas is

expect to favor market growth over the forecast period. Growing demand for

construction and auxiliary power equipment is also expected to provide avenues

for market growth. Technological advancement and increasing gasoline prices are

expected to favor the diesel engine market over the next five years. Increasing

investment in mining and construction is also estimated to fuel market demand

over the forecast period.

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High cost for diesel engines may hinder the market growth over the next few years.

Further, reducing harmful emissions without affecting the performance may pose

to be a challenge to market growth. The diesel engine market can be classified

broadly into two and four-stroke engines. The two stroke engine is widely used in

portable equipment such as motorcycles, chainsaws, etc. The four-stroke engine is

mainly used in heavy equipment. Diesel engines exhibit flexible functioning; and

are used in an array of applications including railroad rolling stock, passenger cars,

non-transport, and military fuel standardization..

Asia Pacific is estimated to grow significantly over the forecast period owing to

increasing demand in countries such as China and India. Surge in investments by

automobile manufacturers aimed to increase R&D activities in the sector is

expected to have a positive impact on regional market growth over the forecast

period. North America and Europe are also expected to grow at a significant rate

over the forecast period. In addition to aforementioned forces, other factors

technological advancement and rising gasoline prices in countries such as Brazil

and Russia are expected to impel market demand.

The key players in the diesel engine market include China FAW Group, ACGO

Corporation, Deere & Company, Bosch, Delphi Automotive, Continental AG,

Mitsubishi Heavy Industries, Ford Motor, MAN SE, and General Motors.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting

company, registered in the State of California and headquartered in San Francisco.

The company provides syndicated research reports, customized research reports,

and consulting services. To help clients make informed business decisions, the

company offers market intelligence studies ensuring relevant and fact-based

research across a range of industries including technology, chemicals, materials,

healthcare and energy.


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Grand View Research, Inc.

United States

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Website: Grand View Research

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