Reports
Sale
Global Diesel Power Engine Market Size, Share, Growth, Trends, Forecast: By Operation: Standby, Prime, Peak Shaving; By Power Rating: Below 1 MW, 1 to 5 MW, More than 5 MW; By End Use: Industrial, Commercial, Residential; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Diesel Power Engine Market Outlook
The global diesel power engine market size reached nearly USD 8.75 billion in 2023. The market is projected to grow at a CAGR of 4.7% between 2024 and 2032 to reach a value of around USD 13.23 billion by 2032.
Key Trends in the Market
A diesel power engine refers to a kind of internal combustion engine which converts diesel fuel energy into rotatory mechanical energy. Diesel engine design can be based on a two-stroke or four-stroke cycle.
- The growing applications of diesel power engines in various sectors, such as agriculture, marine, mining, and construction, among others, owing to the increasing demand for electricity, are driving the diesel power engine market growth.
- Increasing demand for diesel power engines in the healthcare sector to power life support machines and prepare hospitals against power outages is adding to the market growth. In addition, the rising healthcare expenditure by governments is a key driver of the market.
- Diesel power engine is a crucial power backup solution in data centres. In this regard, the rapid development of data centres across developing countries is one of the key diesel power engine market trends.
Market Analysis
Based on operation, the market is segmented into standby, prime, and peak shaving. On the basis of power rating, the market is classified into below 1 MW, 1 to 5 MW, and more than 5 MW. By end use, the diesel power engine market segmentation includes industrial, commercial, and residential. The major regional markets of diesel power engines include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global diesel power engine market report, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Caterpillar Inc.
- Cummins Inc.
- Kohler Co.
- AB Volvo
- Mitsubishi Heavy Industries, Ltd.
- Wärtsilä Corporation
- KUBOTA Corporation
- IHI Corporation
- Yanmar Holdings Co., Ltd
- Daihatsu Diesel Mfg.Co.,Ltd.
- Others
Market Share by Operation
The standby segment accounts for a significant portion of the diesel power engine market share. This can be attributed to the rapid start capability of standby diesel power engines, making them ideal for emergency situations requiring immediate power supply.
The rising applications of diesel power engines across construction sites are also propelling the growth of the segment forward. In addition, rapid urbanisation and the increasing population levels in emerging economies are expected to heighten the adoption of diesel power engines in the forecast period.
Market Share by Region
As per the diesel power engine market analysis, the Asia Pacific is likely to experience a healthy growth. Rapid industrialisation across emerging economies such as India and China, coupled with a strong foothold of local diesel engine manufacturers, is driving the market growth in the region. Rising investments in residential construction projects in various countries, like India, Indonesia, and China, are further escalating the installation of diesel power engines.
Competitive Landscape
Caterpillar Inc. is a company which manufactures construction and mining equipment, diesel and natural gas engines, and industrial turbines, among other products. It was founded in 1925 and is headquartered in Texas, the United States.
Cummins Inc. is a multinational corporation which manufactures and sells engines and filtration and power generation products, among others. The company was founded in 1919 and is headquartered in Indiana, the United States.
Kohler Co. is a company which manufactures solutions such as diesel engines, industrial generators, and continuous power solutions, among others. It was founded in 1873 and is headquartered in Wisconsin, the United States.
Other diesel power engine market players include AB Volvo, Mitsubishi Heavy Industries, Ltd., Wärtsilä Corporation, KUBOTA Corporation, IHI Corporation, Yanmar Holdings Co., Ltd, and Daihatsu Diesel Mfg.Co.,Ltd., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Operation |
|
| Breakup by Power Rating |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Diesel Power Engine Market Analysis
8.1 Key Industry Highlights
8.2 Global Diesel Power Engine Historical Market (2018-2023)
8.3 Global Diesel Power Engine Market Forecast (2024-2032)
8.4 Global Diesel Power Engine Market by Operation
8.4.1 Standby
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Prime
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Peak Shaving
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Diesel Power Engine Market by Power Rating
8.5.1 Below 1 MW
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 1 to 5 MW
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 More than 5 MW
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Diesel Power Engine Market by End Use
8.6.1 Industrial
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Commercial
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Residential
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Diesel Power Engine Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Diesel Power Engine Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Diesel Power Engine Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Diesel Power Engine Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Diesel Power Engine Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Diesel Power Engine Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirate
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Caterpillar Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Cummins Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Kohler Co.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 AB Volvo
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Mitsubishi Heavy Industries, Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Wärtsilä Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 KUBOTA Corporation
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 IHI Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Yanmar Holdings Co., Ltd
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Daihatsu Diesel Mfg.Co.,Ltd.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Diesel Power Engine Market: Key Industry Highlights, 2018 and 2032
2. Global Diesel Power Engine Historical Market: Breakup by Operation (USD Billion), 2018-2023
3. Global Diesel Power Engine Market Forecast: Breakup by Operation (USD Billion), 2024-2032
4. Global Diesel Power Engine Historical Market: Breakup by Power Rating (USD Billion), 2018-2023
5. Global Diesel Power Engine Market Forecast: Breakup by Power Rating (USD Billion), 2024-2032
6. Global Diesel Power Engine Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. Global Diesel Power Engine Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. Global Diesel Power Engine Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Diesel Power Engine Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Diesel Power Engine Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Diesel Power Engine Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Diesel Power Engine Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Diesel Power Engine Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Diesel Power Engine Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Diesel Power Engine Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Diesel Power Engine Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Diesel Power Engine Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Diesel Power Engine Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Diesel Power Engine Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Diesel Power Engine Market Structure
Key Questions Answered in the Report
The market reached a value of nearly USD 8.75 billion in 2023.
The market is estimated to grow at a CAGR of 4.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 13.23 billion by 2032.
The growing applications of diesel power engines in various sectors, such as agriculture and marine, the global increase in demand for electricity, and the thriving construction sector across emerging economies are the major drivers of the market.
The key trends in the market include the rising healthcare expenditure and rapid development of data centres across developing economies.
Standby, prime, and peak shaving are the different operations of diesel power engines.
Below 1 MW, 1 to 5 MW, and more than 5 MW are the major segments based on power ratings of diesel power engines.
Caterpillar Inc., Cummins Inc., Kohler Co., AB Volvo, Mitsubishi Heavy Industries, Ltd., Wärtsilä Corporation, KUBOTA Corporation, IHI Corporation, Yanmar Holdings Co., Ltd, and Daihatsu Diesel Mfg.Co.,Ltd., among others, are the key market players.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER