Diesel engine, any internal-combustion engine in which air is compressed to a sufficiently high temperature to ignite diesel fuel injected into the cylinder, where combustion and expansion actuate a piston. It converts the chemical energy stored in the fuel into mechanical energy, which can be used to power freight trucks, large tractors, locomotives, and marine vessels. A limited number of automobiles also are diesel-powered, as are some electric-power generator sets.
According to our (Global Info Research) latest study, the global Diesel Engines market size was valued at USD 62130 million in 2022 and is forecast to a readjusted size of USD 53530 million by 2029 with a CAGR of -2.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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Market segment by Type
Single Cylinder
Multi Cylinder
Market segment by Application
Automotive
Construction
Agriculture
Industrial
Other
Major players covered
Cummins
Caterpiller
Daimler
MAN
VOLVO
MHI
Deutz
Yanmar
Kubota
Weichai
Quanchai
Changchai
Yunnei Power
FAW
Kohler
DFAC
Yuchai
FOTON
CNHTC
JMC
Hatz
Global Diesel Engines key players include Cummins, Caterpiller, Daimler, MAN, VOLVO, etc. Global top five manufacturers hold a share about 70%. Europe is the largest market, with a share about 45%, followed by Asia-Pacific, with a share about 40 percent. In terms of product, Multi Cylinder is the largest segment, with a share about 70%. And in terms of application, the largest application is Automotive, followed by Construction, Agriculture, Industrial, etc.
This report is a detailed and comprehensive analysis for global Diesel Engines market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
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