A diesel engine is a type of internal combustion engine in which the air is compressed to a sufficiently high temperature to ignite the diesel injected into the cylinder. It converts the chemical energy into mechanical energy and is used in freight trucks, locomotives, tractors and marine vessels. As compared to petrol/gasoline engines, diesel engines are more fuel-efficient and have lower maintenance requirements, which makes them a preferred choice of automobile manufacturers.Request for a sample copy of this research report: https://www.imarcgroup.com/diesel-engine-market/requestsample
Over the years, the automotive industry has witnessed strong growth, particularly in the developing countries such as China, India, Vietnam, etc., which is creating a positive impact on the demand for diesel engines. Moreover, due to better thermal efficiency as compared to petrol engines, these engines are increasingly being used in commercial and heavy-duty vehicles. Apart from this, the high demand from the construction and mining industries is further expected to propel the market growth. Some of the other growth inducing factors include rising industrialization, increasing demand for reliable power supply and growing manufacturing industry globally.
Market Segmentation:
Breakup by Power Rating
• 0.5 MW–1 MW
• Up to 0.5 MW
• 2 MW–5 MW
• 1 MW–2 MW
• Above 5 MW
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Breakup by End-User
Automotive
On-Road
Light Vehicles
Medium/Heavy Trucks
Light Trucks
Off-Road
Industrial/Construction Equipment
Agriculture Equipment
Marine Applications
Regional Insights
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
Competitive Landscape
The report has also examined the competitive landscape of global diesel engine market. Some of the major players in the market are ACGO Corporation, China FAW Group, Bosch, Deere & Company, Continental AG, Delphi Automotive, Mitsubishi Heavy Industries, Ford Motor, General Motors, MAN SE, Wärtsilä, Cummins, Caterpillar, Rolls-Royce, etc.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.