Diesel Engines Market

Diesel Engines Market by Speed (Low, Medium, High), Power Rating (Below 0.5 MW, 0.5-1.0 MW, 1.1-2.0 MW, 2.1-5.0 MW, Above 5.0 MW), End User (Power Generation, Marine, Locomotive, Mining, Oil & Gas, Construction) & Region - Global Forecast to 2028

Report Code: EP 8624 Apr, 2023, by marketsandmarkets.com

[277 Pages Report] The global diesel engines market in terms of revenue was estimated to be worth $63.9 billion in 2023 and is poised to reach $78.8 billion by 2028, growing at a CAGR of 4.3% from 2023 to 2028. Boost in production and manufacturing demand in the medium to long term will generate demand for continuous and reliable power supply. However, the loss of consistent power supply would result in plant downtime and hence heavy losses. The performance of power generation and oil & gas plus mining industries is expected to drive the growth of the diesel engine market.

Diesel Engines Market

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Diesel Engines Market

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Diesel Engines Market Dynamics

Driver: Increasing urbanization and industrialization

According to the UN, as of 2022, 50% of the global population lives in urban areas and is projected to increase to 68% by 2050. North America, South America, and Europe remain the most urbanized regions, while rapid urbanization is expected in Africa and Asia Pacific during the forecast period. Urbanization requires the development of basic support infrastructure and power T&D networks. The rising demand for modern infrastructure in urban areas has increased activity in the construction, chemical & petrochemical, food & beverage, and utilities sectors. Power reliability is one of the key growth factors for the industries, which can be achieved using diesel engines as a primary or backup source of power generation.

Restraint: High fuel costs and operation & maintenance costs

Diesel fuel is costly compared to alternatives such as gasoline and other fuels, especially for longer-duration operations. Preventive maintenance requires regular servicing and refilling of the lubrication, cooling, fueling systems, starting batteries, and fuel filters. These costs add up to the total operating and maintenance costs of diesel engines and are higher than the operating cost of renewable technologies. Moreover, factors such as extreme temperatures, weather, and saltwater (in marine applications) can increase the frequency of maintenance activities. On the contrary, new emerging technologies, such as battery energy systems for backup power solutions, have no fuel costs and are easy to maintain and operate. With the growing competition from these emerging technologies, high fuel costs and operation and maintenance costs of diesel engines can be major restraints for market growth.

Opportunity: Growth in hybrid power generation in rural and remote locations

Hybrid power generation can meet the power requirement of remote areas or off-grid locations, such as remote industrial units, telecom towers, small villages and islands. Most off-grid sites are located in developing regions such as Africa and Asia Pacific, where electrification is not absolute. However, the growing power demand can be met by deploying hybrid power systems designed according to the individual power requirements of residential and non-residential customers. Diesel generators are combined with renewable sources (wind, solar, or both) by the hybrid power systems  to ensure a 24*7 power supply to off-grid sites with fewer interruptions. For example, the wind-diesel system generates electricity using wind turbines and diesel generators. This system helps reduce fuel consumption and operating costs. Therefore, hybrid power generation is expected to gain momentum during the forecast period for an adequate and reliable power supply.

Challenge: Rising demand for natural gas in power generation applications

The advancement of oil & gas drilling and extraction technologies in the recent past has made shale gas more economical. This advancement has also resulted in abundant natural gas production, resulting in a sharp downturn in the natural gas prices in the US market and price corrections in the global market. The low natural gas prices compared to diesel prices have encouraged the increased use of natural gas engines for electricity generation. Utilities have since embraced natural gas-fired power plants as the cheapest sources of large-scale electricity generation. Most of capacity growth would take place at the expense of coal and nuclear power generation, whose share is expected to reduce.

Diesel Engines Ecosystem

Prominent companies in this market include well-established raw material providers/suppliers, component manufacturers, diesel engine manufacturers/assemblers, distributors, end users, and post-sales services. These companies have been operating in the market for several years and possess state-of-the-art technologies, substabtial R&D investments, a diversified product portfolio, and strong global sales and marketing networks. Caterpillar (US), Cummins Inc. (US), Volvo Penta (Sweden), Hyundai Heavy Industries (South Korea), and MAN Energy Solutions (Germany) are some of the prominent companies in this market.

Diesel Engines Market Size, and Share

By speeds, high-speed engines followed by medium-speed engines are expected to be the fastest-growing market segment during the forecast period.

This report segments the diesel engines market based on speed into low, medium, and high. 720–1,200 rpm is considered under the medium-speed diesel engines. High speed is bifurcated into two segments, 1200–1800 rpm and above 1800 rpm. High-speed diesel engines have wide applications in marines, power generation, and other sectors. Medium- and slow-speed engines are known for fuel flexibility and can operate on low-grade fuels. Medium-speed engines are common on smaller ships and power plants, driving electrical generators and propellers. The medium-speed marine diesel engine is usually used on amphibious warfare ships like landing craft utility (LCU), main auxiliary engineering ships, and Tugboats.

By End User, the power generation segment is expected to be the largest during the forecast period

The diesel engines market has been categorized based on end-users into power generation, marines, locomotives, mining, oil & gas, construction, and others. Diesel engines are used for emergency standby, prime/continuous, and peak shaving operations across the end users as needed. Increasing demand for uninterrupted power supply to support manufacturing and processing activities is expected to aid the demand growth for diesel engines for power generation applications.

“Asia Pacific is projected to be the fastest-growing region during the forecast period”

Asia Pacific is expected to fastest growing region in the diesel engines market between 2023–2028, followed by North America and Europe. The rising number of boats, crafts, and vessels will contribute to the growth of propulsion systems and small marine engines in the Asia Pacific region. The demand for small marine engines in the defense sector is also expected to increase because of the ongoing territorial conflicts among countries such as China, the Philippines, North Korea, Japan, India, Vietnam, Pakistan, and Afghanistan, thereby driving the diesel engine market in the region for marine applications. Hence, these factors are expected to fuel the growth of the diesel engine market in the Asia Pacific region.

Diesel Engines Market Size, and Share

Key Market Players

Global players dominate the market. The major players in the diesel engines market are Caterpillar (US), Cummins Inc. (US), Volvo Penta (Sweden), Hyundai Heavy Industries (South Korea), and MAN Energy Solutions (Germany). Strategies such as product launches, agreements, and contracts are followed by these companies to capture a significant share of the market.

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Scope of the Report

Report Metric

Details

Market size available for years

2021–2028

Base year considered

2022

Forecast period

2023–2028

Forecast units

Value (USD Million/Billion)

Segments covered

Speed, Power Rating, End-User, and Region

Geographies covered

Asia Pacific, North America, Europe, South America, Middle East & Africa

Companies covered

Caterpillar (US), Cummins Inc. (US), Volvo Penta (Sweden), Hyundai Heavy Industries (South Korea), MAN Energy Solutions (Germany), Doosan Infracore (South Korea), Mitsubishi Heavy Industries(Japan), Yanmar Holdings (Japan), FPT Industrial (Italy), IHI Power Systems (Japan), Wartsila (Finland), Kohler (US), Kubota (Japan), Rolls Royce Holdings (UK), Mahindra Powertrain (India), Guangzhou Diesel Engine Factory (China), Daihatsu Diesel Mfg. (Japan), CNPC Jichai Power Company Limited (China), The Liebherr Group (Switzerland), Anglo Belgian Corporation (Belgium)

This research report categorizes the market by speed, power rating, end user, and region.

On the basis of speed, the diesel engines market has been segmented as follows:
  • Low (Up to 720 rpm)
  • Medium (720–1200 rpm)
  • High (1200–1800 rpm, Above 1800 rpm)
On the basis of power rating, the diesel engine market has been segmented as follows:
  • Below 0.5 MW
  • 0.5–1.0 MW
  • 1.1–2.0 MW
  • 2.1–5.0 MW
  • Above 5.0 MW
On the basis of end user, the diesel engine market has been segmented as follows:
  • Power generation
  • Marines
  • Locomotives
  • Oil & Gas
  • Mining
  • Construction
  • Others
On the basis of region, the diesel engine market has been segmented as follows:
  • Asia Pacific
  • Europe
  • North America
  • South America
  • Middle East & Africa

Recent Developments

  • In March 2023, Caterpillar announced the development of the CAT C13D, a new 13-liter diesel engine platform designed to achieve best-in-class power density, torque, and fuel efficiency for optimizing the performance of heavy-duty off-highway applications. The C13D would meet the emissions standards of higher regulated markets, such as EU stage v, US EPA tier 4 final, China non-road IV, Korea stage V, and Japan 2014, with models available for lesser regulated markets.
  • In June 2022, WinGD and Hyundai Heavy Industries’ Engine Machinery Division (EMD) collaborated on delivering the first WinGD engine capable of running on ammonia, providing a vital step in shipping’s progress toward decarbonization.
  • In February 2021, Cummins provided Isuzu with midrange B6.7 diesel platforms for medium-size trucks to meet global customer needs. Cummins and Isuzu would closely work together to integrate the engine with Isuzu’s chassis and to meet Japan’s emission regulations.

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 37)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 INCLUSIONS AND EXCLUSIONS 
           TABLE 1 DIESEL ENGINES MARKET, BY SPEED: INCLUSIONS AND EXCLUSIONS
           TABLE 2 MARKET, BY POWER RATING: INCLUSIONS AND EXCLUSIONS
           TABLE 3 MARKET, BY END USER: INCLUSIONS AND EXCLUSIONS
    1.4 MARKETS COVERED 
           1.4.1 GEOGRAPHICAL SCOPE
           1.4.2 YEARS CONSIDERED
    1.5 CURRENCY CONSIDERED 
    1.6 LIMITATIONS 
    1.7 STAKEHOLDERS 
 
2 RESEARCH METHODOLOGY (Page No. - 42)
    2.1 RESEARCH DATA 
           FIGURE 1 DIESEL POWER ENGINE MARKET: RESEARCH DESIGN
    2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 
           FIGURE 2 DATA TRIANGULATION
           2.2.1 SECONDARY DATA
                    2.2.1.1 Key data from secondary sources
           2.2.2 PRIMARY DATA
                    2.2.2.1 Breakdown of primaries
                    2.2.2.2 Key data from primary sources
                               FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
                               FIGURE 4 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR DIESEL ENGINES
    2.3 MARKET SIZE ESTIMATION 
           2.3.1 BOTTOM-UP APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
           2.3.3 DEMAND-SIDE ANALYSIS
                    2.3.3.1 Regional analysis
                    2.3.3.2 Country analysis
                    2.3.3.3 Demand-side assumptions
                    2.3.3.4 Demand-side calculations
           2.3.4 SUPPLY-SIDE ANALYSIS
                    FIGURE 7 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF DIESEL ENGINES
                    FIGURE 8 DIESEL ENGINE MARKET: SUPPLY-SIDE ANALYSIS
                    2.3.4.1 Supply-side calculations
                    2.3.4.2 Supply-side assumptions
           2.3.5 RECESSION IMPACT
           2.3.6 RESEARCH FORECAST
 
3 EXECUTIVE SUMMARY (Page No. - 53)
    TABLE 4 DIESEL ENGINE MARKET SNAPSHOT 
    FIGURE 9 ASIA PACIFIC DOMINATED MARKET IN 2022 
    FIGURE 10 HIGH-SPEED SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD, BY SPEED 
    FIGURE 11 BELOW 0.5 MW SEGMENT TO DOMINATE DIESEL ENGINE MARKET BY 2028 
    FIGURE 12 POWER GENERATION TO SECURE LARGEST MARKET SHARE DURING FORECAST PERIOD, BY END USER 
 
4 PREMIUM INSIGHTS (Page No. - 57)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DIESEL ENGINES MARKET 
           FIGURE 13 RISING NEED FOR BACKUP POWER TO DRIVE MARKET GROWTH DURING 2023–2028
    4.2 DIESEL ENGINE MARKET, BY REGION 
           FIGURE 14 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
    4.3 ASIA PACIFIC: MARKET, BY SPEED AND COUNTRY, 2022 
           FIGURE 15 BY SPEED, 1,000–1,500 RPM SEGMENT ACCOUNTED FOR LARGER SHARE OF ASIA PACIFIC MARKET IN 2022
    4.4 MARKET, BY SPEED 
           FIGURE 16 BY SPEED, HIGH-SPEED DIESEL ENGINES EXPECTED TO SECURE LARGEST SHARE OF MARKET, IN 2028
    4.5 MARKET, BY POWER RATING 
           FIGURE 17 BY POWER RATING, BELOW 0.5 MW SEGMENT EXPECTED TO SECURE LARGEST SHARE OF MARKET, IN 2028
    4.6 MARKET, BY END USER 
           FIGURE 18 POWER GENERATION PROJECTED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2028
 
5 MARKET OVERVIEW (Page No. - 61)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 19 DIESEL ENGINES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Rising demand for reliable and uninterrupted power
                               FIGURE 20 GLOBAL ELECTRICITY DEMAND BY SECTOR, 2018–2040
                    5.2.1.2 Growing maritime tourism and international marine freight transportation
                    5.2.1.3 Increasing urbanization and industrialization
                               FIGURE 21 GLOBAL POPULATION, 1950–2050
           5.2.2 RESTRAINTS
                    5.2.2.1 High fuel and operation & maintenance costs
                    5.2.2.2 Competition from alternative energy sources
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Growth in hybrid power generation in rural and remote locations
           5.2.4 CHALLENGES
                    5.2.4.1 Production of higher levels of NOx and particulate matter emissions
                               TABLE 5 CALIFORNIA EMISSION STANDARDS FOR HEAVY-DUTY OTTO CYCLE ENGINES, FTP, G/BHP·HR
                               TABLE 6 TIER 4 EMISSION STANDARDS: ENGINES ABOVE 560 KW, G/KWH
                    5.2.4.2 Rising demand for natural gas in power generation applications
    5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
           5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN DIESEL ENGINE MARKET
                    FIGURE 22 REVENUE SHIFT FOR DIESEL ENGINE PROVIDERS
    5.4 TECHNOLOGY ANALYSIS 
           5.4.1 DIESEL ENGINE TECHNOLOGY
    5.5 PRICING ANALYSIS 
           5.5.1 AVERAGE SELLING PRICE OF DIESEL ENGINES
                    TABLE 7 AVERAGE SELLING PRICE OF DIESEL ENGINES, 2022
                    TABLE 8 AVERAGE SELLING PRICE OF DIESEL ENGINES OFFERED, BY KEY PLAYERS (2022)
                    FIGURE 23 AVERAGE SELLING PRICES OF OFFERINGS OF KEY PLAYERS, BY POWER RATING
    5.6 KEY CONFERENCES AND EVENTS, 2022–2024 
           TABLE 9 DIESEL ENGINES MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
    5.7 VALUE CHAIN ANALYSIS 
           FIGURE 24 VALUE CHAIN ANALYSIS: DIESEL ENGINE MARKET
           5.7.1 RAW MATERIAL PROVIDERS/SUPPLIERS
           5.7.2 COMPONENT MANUFACTURERS
           5.7.3 DIESEL ENGINE MANUFACTURERS/ASSEMBLERS
           5.7.4 DISTRIBUTORS
           5.7.5 END USERS
           5.7.6 POST-SALES SERVICE PROVIDERS
    5.8 MARKET MAP 
           TABLE 10 MARKET MAP: DIESEL ENGINE MARKET
           TABLE 11 DIESEL ENGINES MARKET: ROLE IN ECOSYSTEM
    5.9 TRADE ANALYSIS 
           TABLE 12 COUNTRY-WISE IMPORT DATA FOR HARMONIZED SYSTEM CODE: 840810 COMPRESSION-IGNITION INTERNAL COMBUSTION PISTON ENGINES (DIESEL OR SEMI-DIESEL) FOR MARINE PROPULSION (USD THOUSAND)
           TABLE 13 COUNTRY-WISE EXPORT DATA FOR HARMONIZED SYSTEM CODE: 840810 COMPRESSION-IGNITION INTERNAL COMBUSTION PISTON ENGINES (DIESEL OR SEMI-DIESEL) FOR MARINE PROPULSION (USD THOUSAND)
           TABLE 14 COUNTRY-WISE IMPORT DATA FOR HARMONIZED SYSTEM CODE:840890 COMPRESSION-IGNITION INTERNAL COMBUSTION PISTON ENGINE "DIESEL OR SEMI-DIESEL ENGINE" (EXCLUDING ENGINES FOR MARINE PROPULSION AND ENGINES FOR VEHICLES OF CHAPTER 87) (USD THOUSAND)
           TABLE 15 COUNTRY-WISE EXPORT DATA FOR HARMONIZED SYSTEM CODE: 840890 COMPRESSION-IGNITION INTERNAL COMBUSTION PISTON ENGINE "DIESEL OR SEMI-DIESEL ENGINE" (EXCLUDING ENGINES FOR MARINE PROPULSION AND ENGINES FOR VEHICLES OF CHAPTER 87) (USD THOUSAND)
           5.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 16 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 17 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 18 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 19 REST OF WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           5.9.2 CODES AND REGULATIONS RELATED TO DIESEL ENGINES
                    TABLE 20 MARKET: CODES AND REGULATIONS
    5.10 PATENT ANALYSIS 
           TABLE 21 DIESEL ENGINE: INNOVATIONS AND PATENT REGISTRATIONS, 2019–2022
    5.11 PORTER’S FIVE FORCES ANALYSIS 
                    FIGURE 25 PORTER’S FIVE FORCES ANALYSIS FOR MARKET
                    TABLE 22 DIESEL ENGINES MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.11.1 THREAT OF SUBSTITUTES
           5.11.2 BARGAINING POWER OF SUPPLIERS
           5.11.3 BARGAINING POWER OF BUYERS
           5.11.4 THREAT OF NEW ENTRANTS
           5.11.5 INTENSITY OF COMPETITIVE RIVALRY
    5.12 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 26 INFLUENCE OF KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS
                    TABLE 23 INFLUENCE OF KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS
    5.13 BUYING CRITERIA 
                    FIGURE 27 INFLUENCE OF KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS
                    TABLE 24 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
    5.14 CASE STUDY ANALYSIS 
           5.14.1 USE OF NEW TECHNOLOGY TO HELP ACHIEVE NET ZERO AMBITIONS
                    5.14.1.1 Problem statement
                    5.14.1.2 Solution
           5.14.2 DIESEL-POWERED ELECTRICITY GENERATION FOR EMERGENCY POWER SUPPLY
                    5.14.2.1 Isuzu motors limited
                    5.14.2.2 Summa health
 
6 GLOBAL DIESEL ENGINES MARKET, BY POWER RATING (Page No. - 92)
    6.1 INTRODUCTION 
           FIGURE 28 GLOBAL MARKET, BY POWER RATING IN 2022
           TABLE 25 GLOBAL DIESEL ENGINES MARKET, BY POWER RATING, 2021–2028 (USD MILLION)
           TABLE 26 GLOBAL MARKET, BY POWER RATING, 2021–2028 (UNITS)
    6.2 BELOW 0.5 MW 
           6.2.1 RISING POPULATION AND DEMAND FOR RESIDENTIAL BACKUP SOLUTIONS
                    TABLE 27 BELOW 0.5 MW: DIESEL ENGINE MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 28 BELOW 0.5 MW: MARKET, BY REGION, 2021–2028 (UNITS)
    6.3 0.5–1 MW 
           6.3.1 GROWING COMMERCIAL REAL ESTATE INVESTMENTS
                    TABLE 29 0.5–1 MW: MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 30 0.5–1 MW: MARKET, BY REGION, 2021–2028 (UNITS)
    6.4 1.1–2 MW 
           6.4.1 INCREASING DATA CENTER INVESTMENTS
                    TABLE 31 1.1–2.0 MW: MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 32 1.1–2.0 MW: MARKET, BY REGION, 2021–2028 (UNITS)
    6.5 2.1–5.0 MW 
           6.5.1 RISING INDUSTRIAL INVESTMENTS AND UTILITY RELIABILITY INVESTMENTS
                    TABLE 33 2.1–5.0 MW: MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 34 2.1–5.0 MW: MARKET, BY REGION, 2021–2028 (UNITS)
    6.6 ABOVE 5.0 MW 
           6.6.1 SURGING DEMAND FROM UTILITY-SCALE DIESEL POWER GENERATION AND LARGE INDUSTRIAL PLANTS
                    TABLE 35 ABOVE 5.0 MW: GLOBAL MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 36 ABOVE 5.0 MW: GLOBAL MARKET, BY REGION, 2021–2028 (UNITS)
 
7 DIESEL ENGINES MARKET, BY SPEED (Page No. - 100)
    7.1 INTRODUCTION 
           FIGURE 29 MARKET, BY SPEED IN 2022
           TABLE 37 DIESEL ENGINES MARKET, BY SPEED, 2021–2028 (USD MILLION)
           TABLE 38 MARKET, BY SPEED, 2021–2028 (UNITS)
           TABLE 39 HIGH SPEED: DIESEL-ENGINES MARKET, BY SPEED, 2021–2028 (USD MILLION)
           TABLE 40 HIGH SPEED: DIESEL-ENGINES MARKET, BY SPEED, 2021–2028 (UNITS)
    7.2 LOW-SPEED 
           7.2.1 RISING DEMAND FOR MARINE APPLICATIONS
                    TABLE 41 LOW-SPEED: DIESEL ENGINE MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 42 LOW-SPEED: MARKET, BY REGION, 2021–2028 (UNITS)
    7.3 MEDIUM-SPEED 
           7.3.1 UPGRADED VERSIONS AND NEW DESIGNS
                    TABLE 43 MEDIUM-SPEED: MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 44 MEDIUM-SPEED: MARKET, BY REGION, 2021–2028 (UNITS)
                    TABLE 45 MEDIUM-SPEED: MARKET, BY END USER, 2021–2028 (USD MILLION)
                    TABLE 46 MEDIUM-SPEED: MARKET, BY END USER, 2021–2028 (UNITS)
    7.4 HIGH-SPEED 
           7.4.1 INCREASING DEMAND FOR TUGBOATS
                    TABLE 47 HIGH-SPEED: MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 48 HIGH-SPEED: MARKET, BY REGION, 2021–2028 (UNITS)
 
8 GLOBAL DIESEL ENGINES MARKET, BY END USER (Page No. - 106)
    8.1 INTRODUCTION 
           FIGURE 30 GLOBAL MARKET, BY END USER IN 2022
           TABLE 49 DIESEL ENGINES MARKET, BY END USER, 2021–2028 (USD MILLION)
           TABLE 50 MARKET, BY END USER, 2021–2028 (UNITS)
    8.2 POWER GENERATION 
           8.2.1 INCREASED REQUIREMENT FOR RELIABLE AND CONTINUOUS POWER SUPPLY
                    TABLE 51 POWER GENERATION: DIESEL ENGINE MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 52 POWER GENERATION: MARKET, BY REGION, 2021–2028 (UNITS)
    8.3 MARINES 
           8.3.1 RISING DEMAND FOR MARITIME TRANSPORT
                    TABLE 53 MARINES: DIESEL ENGINE MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 54 MARINES: MARKET, BY REGION, 2021–2028 (UNITS)
    8.4 LOCOMOTIVES 
           8.4.1 ONGOING RAILWAY ELECTRIFICATION PROJECTS TO HINDER GROWTH
                    TABLE 55 LOCOMOTIVES: GLOBAL MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 56 LOCOMOTIVES: GLOBAL MARKET, BY REGION, 2021–2028 (UNITS)
    8.5 MINING 
           8.5.1 GROWING MINING OPERATIONS
                    TABLE 57 MINING: MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 58 MINING: MARKET, BY REGION, 2021–2028 (UNITS)
    8.6 OIL & GAS 
           8.6.1 INCREASING METAL PRICES PROMPT COMPANIES TO ADOPT BETTER STRATEGIES
                    TABLE 59 OIL & GAS: MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 60 OIL & GAS: MARKET, BY REGION, 2021–2028 (UNITS)
    8.7 CONSTRUCTION 
           8.7.1 GROWING OPPORTUNITIES IN RESIDENTIAL AND NON-RESIDENTIAL SECTORS
                    TABLE 61 CONSTRUCTION: MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 62 CONSTRUCTION: MARKET, BY REGION, 2021–2028 (UNITS)
    8.8 OTHERS 
           TABLE 63 OTHERS: MARKET, BY REGION, 2021–2028 (USD MILLION)
           TABLE 64 OTHERS: MARKET, BY REGION, 2021–2028 (UNITS)
 
9 DIESEL ENGINES MARKET, BY REGION (Page No. - 116)
    9.1 INTRODUCTION 
           FIGURE 31 DIESEL ENGINE MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
           FIGURE 32 DIESEL ENGINES MARKET SHARE, BY REGION, 2022
           TABLE 65 MARKET, BY REGION, 2021–2028 (USD MILLION)
           TABLE 66 MARKET, BY REGION, 2021–2028 (UNITS)
    9.2 ASIA PACIFIC 
           9.2.1 RECESSION IMPACT
                    FIGURE 33 ASIA PACIFIC: MARKET SNAPSHOT
           9.2.2 BY SPEED
                    TABLE 67 ASIA PACIFIC: DIESEL ENGINES MARKET, BY SPEED, 2021–2028 (USD MILLION)
                    TABLE 68 ASIA PACIFIC: MARKET, BY SPEED, 2021–2028 (UNITS)
                    TABLE 69 ASIA PACIFIC: MARKET, BY HIGH SPEED, 2021–2028 (USD MILLION)
                    TABLE 70 ASIA PACIFIC: MARKET, BY HIGH SPEED, 2021–2028 (UNITS)
           9.2.3 BY MEDIUM SPEED END USER
                    TABLE 71 ASIA PACIFIC: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                    TABLE 72 ASIA PACIFIC: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
           9.2.4 BY POWER RATING
                    TABLE 73 ASIA PACIFIC: MARKET, BY POWER RATING, 2021–2028 (USD MILLION)
                    TABLE 74 ASIA PACIFIC: MARKET, BY POWER RATING, 2021–2028 (UNITS)
           9.2.5 BY END USER
                    TABLE 75 ASIA PACIFIC: MARKET, BY END USER, 2021–2028 (USD MILLION)
                    TABLE 76 ASIA PACIFIC: MARKET, BY END USER, 2021–2028 (UNITS)
           9.2.6 BY COUNTRY
                    TABLE 77 ASIA PACIFIC: DIESEL ENGINES MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
                    TABLE 78 ASIA PACIFIC: MARKET, BY COUNTRY, 2021–2028 (UNITS)
                    9.2.6.1 China
                               9.2.6.1.1 Rising defense expenditure on shipbuilding
                               TABLE 79 CHINA: MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 80 CHINA: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 81 CHINA: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 82 CHINA: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 83 CHINA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 84 CHINA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.2.6.2 India
                               9.2.6.2.1 Increasing government investments in construction activities
                               TABLE 85 INDIA: DIESEL ENGINES MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 86 INDIA: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 87 INDIA: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 88 INDIA: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 89 INDIA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 90 INDIA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.2.6.3 Australia
                               9.2.6.3.1 Growing demand for high-tech mining equipment
                               TABLE 91 AUSTRALIA: MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 92 AUSTRALIA: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 93 AUSTRALIA: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 94 AUSTRALIA: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 95 AUSTRALIA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 96 AUSTRALIA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.2.6.4 Rest of Asia Pacific
                               TABLE 97 REST OF ASIA PACIFIC: DIESEL ENGINE MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 98 REST OF ASIA PACIFIC: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 99 REST OF ASIA PACIFIC: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 100 REST OF ASIA PACIFIC: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 101 REST OF ASIA PACIFIC: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 102 REST OF ASIA PACIFIC: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
    9.3 EUROPE 
           9.3.1 RECESSION IMPACT
           9.3.2 BY SPEED
                    TABLE 103 EUROPE: DIESEL ENGINES MARKET, BY SPEED, 2021–2028 (USD MILLION)
                    TABLE 104 EUROPE: MARKET, BY SPEED, 2021–2028 (UNITS)
                    TABLE 105 EUROPE: MARKET, BY HIGH SPEED, 2021–2028 (USD MILLION)
                    TABLE 106 EUROPE: MARKET, BY HIGH SPEED, 2021–2028 (UNITS)
           9.3.3 BY MEDIUM SPEED END USER
                    TABLE 107 EUROPE: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                    TABLE 108 EUROPE: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
           9.3.4 BY POWER RATING
                    TABLE 109 EUROPE: MARKET, BY POWER RATING, 2021–2028 (USD MILLION)
                    TABLE 110 EUROPE: MARKET, BY POWER RATING, 2021–2028 (UNITS)
           9.3.5 BY END USER
                    TABLE 111 EUROPE: MARKET, BY END USER, 2021–2028 (USD MILLION)
                    TABLE 112 EUROPE: MARKET, BY END USER, 2021–2028 (UNITS)
           9.3.6 BY COUNTRY
                    TABLE 113 EUROPE: DIESEL ENGINES MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
                    TABLE 114 EUROPE: MARKET, BY COUNTRY, 2021–2028 (UNITS)
                    9.3.6.1 Germany
                               9.3.6.1.1 Rising data center investments and shipbuilding industry
                               TABLE 115 GERMANY: DIESEL ENGINES MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 116 GERMANY: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 117 GERMANY: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 118 GERMANY: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 119 GERMANY: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 120 GERMANY: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.3.6.2 UK
                               9.3.6.2.1 High demand for emergency power backup solutions
                               TABLE 121 UK: MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 122 UK: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 123 UK: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 124 UK: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 125 UK: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 126 UK: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.3.6.3 France
                               9.3.6.3.1 Growing maritime industry and falling nuclear power production
                               TABLE 127 FRANCE: MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 128 FRANCE: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 129 FRANCE: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 130 FRANCE: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 131 FRANCE: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 132 FRANCE: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.3.6.4 Italy
                               9.3.6.4.1 Surging demand for reliable backup power solutions
                               TABLE 133 ITALY: MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 134 ITALY: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 135 ITALY: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 136 ITALY: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 137 ITALY: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 138 ITALY: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.3.6.5 Rest of Europe
                               TABLE 139 REST OF EUROPE: DIESEL ENGINE MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 140 REST OF EUROPE: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 141 REST OF EUROPE: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 142 REST OF EUROPE: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 143 REST OF EUROPE: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 144 REST OF EUROPE: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
    9.4 SOUTH AMERICA 
           9.4.1 RECESSION IMPACT
           9.4.2 BY SPEED
                    TABLE 145 SOUTH AMERICA: DIESEL ENGINES MARKET, BY SPEED, 2021–2028 (USD MILLION)
                    TABLE 146 SOUTH AMERICA: MARKET, BY SPEED, 2021–2028 (UNITS)
                    TABLE 147 SOUTH AMERICA: MARKET, BY HIGH SPEED, 2021–2028 (USD MILLION)
                    TABLE 148 SOUTH AMERICA: MARKET, BY HIGH SPEED, 2021–2028 (UNITS)
           9.4.3 BY MEDIUM SPEED END USER
                    TABLE 149 SOUTH AMERICA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                    TABLE 150 SOUTH AMERICA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
           9.4.4 BY POWER RATING
                    TABLE 151 SOUTH AMERICA: MARKET, BY POWER RATING, 2021–2028 (USD MILLION)
                    TABLE 152 SOUTH AMERICA: MARKET, BY POWER RATING, 2021–2028 (UNITS)
           9.4.5 BY END USER
                    TABLE 153 SOUTH AMERICA: MARKET, BY END USER, 2021–2028 (USD MILLION)
                    TABLE 154 SOUTH AMERICA: MARKET, BY END USER, 2021–2028 (UNITS)
           9.4.6 BY COUNTRY
                    TABLE 155 SOUTH AMERICA: DIESEL ENGINES MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
                    TABLE 156 SOUTH AMERICA: MARKET, BY COUNTRY, 2021–2028 (UNITS)
                    9.4.6.1 Brazil
                               9.4.6.1.1 Increased demand for backup power supply
                               TABLE 157 BRAZIL: MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 158 BRAZIL: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 159 BRAZIL: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 160 BRAZIL: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 161 BRAZIL: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 162 BRAZIL: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.4.6.2 Argentina
                               9.4.6.2.1 Growing emphasis of government on shipbuilding and rising naval budget
                               TABLE 163 ARGENTINA: DIESEL ENGINES MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 164 ARGENTINA: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 165 ARGENTINA: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 166 ARGENTINA: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 167 ARGENTINA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 168 ARGENTINA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.4.6.3 Chile
                               9.4.6.3.1 Need for diesel engines in construction industry
                               TABLE 169 CHILE: MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 170 CHILE: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 171 CHILE: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 172 CHILE: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 173 CHILE: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 174 CHILE: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.4.6.4 Rest of South America
                               TABLE 175 REST OF SOUTH AMERICA: DIESEL ENGINE MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 176 REST OF SOUTH AMERICA: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 177 REST OF SOUTH AMERICA: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 178 REST OF SOUTH AMERICA: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 179 REST OF SOUTH AMERICA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 180 REST OF SOUTH AMERICA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
    9.5 NORTH AMERICA 
           9.5.1 RECESSION IMPACT
                    FIGURE 34 NORTH AMERICA: MARKET SNAPSHOT
           9.5.2 BY SPEED
                    TABLE 181 NORTH AMERICA: DIESEL ENGINES MARKET, BY SPEED, 2021–2028 (USD MILLION)
                    TABLE 182 NORTH AMERICA: MARKET, BY SPEED, 2021–2028 (UNITS)
                    TABLE 183 NORTH AMERICA: MARKET, BY HIGH SPEED, 2021–2028 (USD MILLION)
                    TABLE 184 NORTH AMERICA: MARKET, BY HIGH SPEED, 2021–2028 (UNITS)
           9.5.3 BY POWER RATING
                    TABLE 185 NORTH AMERICA: MARKET, BY POWER RATING, 2021–2028 (USD MILLION)
                    TABLE 186 NORTH AMERICA: MARKET, BY POWER RATING, 2021–2028 (UNITS)
           9.5.4 BY END USER
                    TABLE 187 NORTH AMERICA: MARKET, BY END USER, 2021–2028 (USD MILLION)
                    TABLE 188 NORTH AMERICA: MARKET, BY END USER, 2021–2028 (UNITS)
           9.5.5 BY MEDIUM SPEED END USER
                    TABLE 189 NORTH AMERICA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                    TABLE 190 NORTH AMERICA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
           9.5.6 BY COUNTRY
                    TABLE 191 NORTH AMERICA: MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
                    TABLE 192 NORTH AMERICA: MARKET, BY COUNTRY, 2021–2028 (UNITS)
                    9.5.6.1 US
                               9.5.6.1.1 Presence of major diesel power engine manufacturers and growing data center investments
                               TABLE 193 US: DIESEL ENGINES MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 194 US: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 195 US: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 196 US: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 197 US: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 198 US: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.5.6.2 Canada
                               9.5.6.2.1 Increasing demand for bulk carriers, oil tankers, and container ships for transporting commodities
                               TABLE 199 CANADA: MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 200 CANADA: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 201 CANADA: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 202 CANADA: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 203 CANADA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 204 CANADA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.5.6.3 Mexico
                               9.5.6.3.1 Healthcare sector to boost demand for diesel engines due to their extensive use in energy requirements
                               TABLE 205 MEXICO: MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 206 MEXICO: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 207 MEXICO: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 208 MEXICO: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 209 MEXICO: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 210 MEXICO: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
    9.6 MIDDLE EAST & AFRICA 
           9.6.1 RECESSION IMPACT
           9.6.2 BY SPEED
                    TABLE 211 MIDDLE EAST & AFRICA: DIESEL ENGINES MARKET, BY SPEED, 2021–2028 (USD MILLION)
                    TABLE 212 MIDDLE EAST & AFRICA: MARKET, BY SPEED, 2021–2028 (UNITS)
                    TABLE 213 MIDDLE EAST & AFRICA: MARKET, BY HIGH SPEED, 2021–2028 (USD MILLION)
                    TABLE 214 MIDDLE EAST & AFRICA: MARKET, BY HIGH SPEED, 2021–2028 (UNITS)
           9.6.3 BY POWER RATING
                    TABLE 215 MIDDLE EAST & AFRICA: MARKET, BY POWER RATING, 2021–2028 (USD MILLION)
                    TABLE 216 MIDDLE EAST & AFRICA: MARKET, BY POWER RATING, 2021–2028 (UNITS)
           9.6.4 BY END USER
                    TABLE 217 MIDDLE EAST & AFRICA: MARKET, BY END USER, 2021–2028 (USD MILLION)
                    TABLE 218 MIDDLE EAST & AFRICA: MARKET, BY END USER, 2021–2028 (UNITS)
           9.6.5 BY MEDIUM SPEED END USER
                    TABLE 219 MIDDLE EAST & AFRICA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                    TABLE 220 MIDDLE EAST & AFRICA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
           9.6.6 BY COUNTRY
                    TABLE 221 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
                    TABLE 222 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2021–2028 (UNITS)
                    9.6.6.1 Saudi Arabia
                               9.6.6.1.1 Growing government investment in power generation projects
                               TABLE 223 SAUDI ARABIA: MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 224 SAUDI ARABIA: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 225 SAUDI ARABIA: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 226 SAUDI ARABIA: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 227 SAUDI ARABIA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 228 SAUDI ARABIA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.6.6.2 UAE
                               9.6.6.2.1 Infrastructure growth and high influx of foreign investments
                               TABLE 229 UAE: DIESEL ENGINES MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 230 UAE: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 231 UAE: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 232 UAE: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 233 UAE: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 234 UAE: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.6.6.3 Algeria
                               9.6.6.3.1 Demand from hydrocarbons sector and increasing power demand
                               TABLE 235 ALGERIA: MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 236 ALGERIA: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 237 ALGERIA: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 238 ALGERIA: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 239 ALGERIA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 240 ALGERIA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.6.6.4 Nigeria
                               9.6.6.4.1 Use of diesel-powered generators for backup and prime power
                               TABLE 241 NIGERIA: MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 242 NIGERIA: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 243 NIGERIA: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 244 NIGERIA: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 245 NIGERIA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 246 NIGERIA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.6.6.5 Kuwait
                               9.6.6.5.1 Rise in demand for electricity and oil & gas investments
                               TABLE 247 KUWAIT: DIESEL ENGINES MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 248 KUWAIT: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 249 KUWAIT: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 250 KUWAIT: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 251 KUWAIT: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 252 KUWAIT: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.6.6.6 Iran
                               9.6.6.6.1 Increasing dependency on diesel-powered generator sets for backup power solutions
                               TABLE 253 IRAN: MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 254 IRAN: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 255 IRAN: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 256 IRAN: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 257 IRAN: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 258 IRAN: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
                    9.6.6.7 Rest of Middle East & Africa
                               TABLE 259 REST OF THE MIDDLE EAST & AFRICA: MARKET, BY SPEED, 2021–2028 (USD MILLION)
                               TABLE 260 REST OF THE MIDDLE EAST & AFRICA: MARKET, BY SPEED, 2021–2028 (UNITS)
                               TABLE 261 REST OF THE MIDDLE EAST & AFRICA: MARKET, BY END USER, 2021–2028 (USD MILLION)
                               TABLE 262 REST OF THE MIDDLE EAST & AFRICA: MARKET, BY END USER, 2021–2028 (UNITS)
                               TABLE 263 REST OF THE MIDDLE EAST & AFRICA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (USD MILLION)
                               TABLE 264 REST OF THE MIDDLE EAST & AFRICA: MARKET, BY MEDIUM SPEED END USER, 2021–2028 (UNITS)
 
10 COMPETITIVE LANDSCAPE (Page No. - 211)
     10.1 INTRODUCTION 
               TABLE 265 OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS, 2018–2022
     10.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS 
               TABLE 266 DIESEL ENGINE MARKET: DEGREE OF COMPETITION
               FIGURE 35 DIESEL ENGINES MARKET SHARE ANALYSIS, 2021
     10.3 REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS 
               FIGURE 36 TOP PLAYERS IN MARKET FROM 2017–2021
     10.4 COMPANY EVALUATION QUADRANT 
             10.4.1 STARS
             10.4.2 PERVASIVE PLAYERS
             10.4.3 EMERGING LEADERS
             10.4.4 PARTICIPANTS
                       FIGURE 37 COMPETITIVE LEADERSHIP QUADRANT: DIESEL ENGINE MARKET, 2022
     10.5 STARTUP/SME EVALUATION QUADRANT, 2022 
             10.5.1 PROGRESSIVE COMPANIES
             10.5.2 RESPONSIVE COMPANIES
             10.5.3 DYNAMIC COMPANIES
             10.5.4 STARTING BLOCKS
                       FIGURE 38 DIESEL ENGINESMARKET: STARTUP/SME EVALUATION QUADRANT, 2022
     10.6 COMPETITIVE BENCHMARKING 
               TABLE 267 DIESEL ENGINES MARKET: DETAILED LIST OF KEY STARTUPS/SMES
               TABLE 268 MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [STARTUPS/SMES]
     10.7 DIESEL ENGINE MARKET: COMPANY FOOTPRINT 
               TABLE 269 BY SPEED: COMPANY FOOTPRINT
               TABLE 270 BY POWER OUTPUT: COMPANY FOOTPRINT
               TABLE 271 BY END USER: COMPANY FOOTPRINT
               TABLE 272 COMPANY FOOTPRINT
     10.8 COMPETITIVE SCENARIO 
               TABLE 273 DIESEL ENGINES MARKET: DEALS, 2019–2022
               TABLE 274 DIESEL ENGINE MARKET: PRODUCT LAUNCHES, 2020–2023
 
11 COMPANY PROFILES (Page No. - 228)
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
     11.1 KEY PLAYERS 
             11.1.1 CATERPILLAR
                       TABLE 275 CATERPILLAR: COMPANY OVERVIEW
                       FIGURE 39 CATERPILLAR: COMPANY SNAPSHOT
                       TABLE 276 CATERPILLAR: PRODUCTS OFFERED
                       TABLE 277 CATERPILLAR: PRODUCT LAUNCHES
             11.1.2 CUMMINS
                       TABLE 278 CUMMINS: COMPANY OVERVIEW
                       FIGURE 40 CUMMINS: COMPANY SNAPSHOT
                       TABLE 279 CUMMINS: PRODUCTS OFFERED
                       TABLE 280 CUMMINS: PRODUCT LAUNCHES
                       TABLE 281 CUMMINS: DEALS
             11.1.3 VOLVO PENTA
                       TABLE 282 VOLVO PENTA: COMPANY OVERVIEW
                       FIGURE 41 VOLVO PENTA: COMPANY SNAPSHOT
                       TABLE 283 VOLVO PENTA: PRODUCTS OFFERED
                       TABLE 284 VOLVO PENTA: PRODUCT LAUNCHES
             11.1.4 MAN ENERGY SOLUTIONS
                       TABLE 285 MAN ENERGY SOLUTIONS: COMPANY OVERVIEW
                       FIGURE 42 MAN ENERGY SOLUTIONS: COMPANY SNAPSHOT
                       TABLE 286 MAN ENERGY SOLUTIONS: PRODUCTS OFFERED
                       TABLE 287 MAN ENERGY SOLUTIONS: PRODUCT LAUNCHES
             11.1.5 HYUNDAI HEAVY INDUSTRIES CO., LTD.
                       TABLE 288 HYUNDAI HEAVY INDUSTRIES CO., LTD.: COMPANY OVERVIEW
                       FIGURE 43 HYUNDAI HEAVY INDUSTRIES CO., LTD.: COMPANY SNAPSHOT
                       TABLE 289 HYUNDAI HEAVY INDUSTRIES CO., LTD.: PRODUCTS OFFERED
                       TABLE 290 HYUNDAI HEAVY INDUSTRIES CO., LTD.: PRODUCT LAUNCHES
                       TABLE 291 HYUNDAI HEAVY INDUSTRIES CO., LTD.: DEALS
             11.1.6 WARTSILA
                       TABLE 292 WARTSILA: BUSINESS OVERVIEW
                       FIGURE 44 WARTSILA: COMPANY SNAPSHOT
                       TABLE 293 WARTSILA: PRODUCTS OFFERED
                       TABLE 294 WARTSILA: PRODUCT LAUNCHES
                       TABLE 295 WARTSILA: DEALS
             11.1.7 MITSUBISHI HEAVY INDUSTRIES ENGINE & TURBOCHARGERS(MHIET)
                       TABLE 296 MITSUBISHI HEAVY INDUSTRIES ENGINE & TURBOCHARGERS, LTD.: BUSINESS OVERVIEW
                       FIGURE 45 MITSUBISHI HEAVY INDUSTRIES ENGINE & TURBOCHARGERS, LTD.: COMPANY SNAPSHOT
                       TABLE 297 MITSUBISHI HEAVY INDUSTRIES ENGINE & TURBOCHARGERS, LTD.: PRODUCTS OFFERED
                       TABLE 298 MITSUBISHI HEAVY INDUSTRIES ENGINE & TURBOCHARGERS, LTD.: PRODUCT LAUNCHES
                       TABLE 299 MITSUBISHI HEAVY INDUSTRIES: DEALS
             11.1.8 ROLLS-ROYCE HOLDINGS
                       TABLE 300 ROLLS-ROYCE HOLDINGS: COMPANY OVERVIEW
                       FIGURE 46 ROLLS ROYCE HOLDINGS: COMPANY SNAPSHOT
                       TABLE 301 ROLLS-ROYCE HOLDINGS: PRODUCTS OFFERED
                       TABLE 302 ROLLS ROYCE HOLDINGS: PRODUCT LAUNCHES
                       TABLE 303 ROLLS-ROYCE HOLDINGS: DEALS
             11.1.9 DOOSAN INFRACORE
                       TABLE 304 DOOSAN INFRACORE: COMPANY OVERVIEW
                       FIGURE 47 DOOSAN INFRACORE: COMPANY SNAPSHOT
                       TABLE 305 DOOSAN INFRACORE: PRODUCTS OFFERED
                       TABLE 306 DOOSAN INFRACORE: PRODUCT LAUNCHES
                       TABLE 307 DOOSAN INFRACORE: DEALS
             11.1.10 YANMAR HOLDINGS CO., LTD.
                       TABLE 308 YANMAR HOLDINGS CO., LTD.: COMPANY OVERVIEW
                       FIGURE 48 YANMAR HOLDINGS CO., LTD.: COMPANY SNAPSHOT
                       TABLE 309 YANMAR HOLDINGS CO., LTD.: PRODUCTS OFFERED
                       TABLE 310 YANMAR HOLDINGS CO., LTD.: PRODUCT LAUNCHES
                       TABLE 311 YANMAR HOLDINGS CO., LTD.: DEALS
             11.1.11 IHI POWER SYSTEMS CO., LTD.
                       TABLE 312 IHI POWER SYSTEMS CO., LTD.: COMPANY OVERVIEW
                       TABLE 313 IHI POWER SYSTEMS CO., LTD.: PRODUCTS OFFERED
             11.1.12 KOHLER
                       TABLE 314 KOHLER: COMPANY OVERVIEW
                       TABLE 315 KOHLER: PRODUCTS OFFERED
                       TABLE 316 KOHLER: DEALS
             11.1.13 CHINA NATIONAL PETROLEUM CORPORATION JICHAI POWER COMPANY LIMITED
                       TABLE 317 (CNPC) JICHAI POWER COMPANY LIMITED: COMPANY OVERVIEW
                       TABLE 318 (CNPC) JICHAI POWER COMPANY LIMITED: PRODUCTS OFFERED
             11.1.14 FPT INDUSTRIAL
                       TABLE 319 FPT INDUSTRIAL: COMPANY OVERVIEW
                       TABLE 320 FPT INDUSTRIAL: PRODUCTS OFFERED
                       TABLE 321 FPT INDUSTRIAL: PRODUCT LAUNCHES
             11.1.15 DAIHATSU DIESEL MFG.
                       TABLE 322 DAIHATSU DIESEL MFG.: COMPANY OVERVIEW
                       TABLE 323 DAIHATSU DIESEL MFG.: PRODUCTS OFFERED
                       TABLE 324 DAIHATSU DIESEL MFG.: DEALS
     11.2 OTHER PLAYERS 
             11.2.1 ANGLO BELGIAN CORPORATION
             11.2.2 KUBOTA ENGINE AMERICA CORPORATION
             11.2.3 THE LIEBHERR GROUP
             11.2.4 GUANGZHOU DIESEL ENGINE FACTORY CO. LTD
             11.2.5 MAHINDRA POWERTRAIN
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
 
12 APPENDIX (Page No. - 273)
     12.1 INSIGHTS OF INDUSTRY EXPERTS 
     12.2 DISCUSSION GUIDE 
     12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     12.4 CUSTOMIZATION OPTIONS 
     12.5 RELATED REPORTS 
     12.6 AUTHOR DETAILS 

The study involved major activities in estimating the current size of the diesel engines market. Exhaustive secondary research was done to collect information on the peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of the segments and subsegments.

Secondary Research

This research study on the diesel engines market involved the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg, Businessweek, Factiva, International Energy Agency, and BP Statistical Review of World Energy, to identify and collect information useful for a technical, market-oriented, and commercial study of the diesel engine market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research

The diesel engines market comprises several stakeholders such as raw material providers/suppliers, component manufacturers, diesel engine manufacturers/assemblers, distributors, end users, and post-sales services in the supply chain. The demand side of this market is characterized by the investments in the purchase of diesel engines by the different end users. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:

Diesel Engines Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the diesel engine market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and market have been identified through extensive secondary research, and their market share in the respective regions have been determined through both primary and secondary research.
  • The industry’s value chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Diesel Engines Market Size: Top-Down Approach

Diesel Engines Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments, the data triangulation and market breakdown processes have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand- and supply sides. Along with this, the market has been validated using both the top-down and bottom-up approaches.

Market Definition

An engine is a machine for converting various energy forms into mechanical force and motion. Diesel engines work on the basis of compression ignition technology and are considered one of the most reliable and capable fossil fuel-based power generation technologies. These engines are coupled with an alternator to generate  power as  and when demanded.  They  are used for  continuous and intermittent power  supply to  various  end users  such  as  oil  &  gas,  mining,  locomotive, etc.

Key Stakeholders

  • Utilities
  • Oil & Gas Companies
  • Power Generation Companies
  • Heavy Industries
  • Railway Companies
  • Shipbuilding Industry
  • Government and Research Organizations
  • Third-party Testing Companies
  • Diesel Power Engine Manufacturers, Dealers, and Suppliers
  • Organizations, Forums, Alliances, and Associations Related to Various End User Verticals
  • State and National Regulatory Authorities

Objectives of the Study

  • To define, describe, analyze, and forecast the diesel engines market, by speed, power rating, and end user, in terms of value and volume
  • To describe and forecast the diesel engine market in key regions—Asia Pacific, North America, Europe, South America, and the Middle East & Africa, along with respective countries, in terms of value and volume
  • To provide detailed information regarding drivers, restraints, opportunities, and challenges influencing the market growth
  • To strategically analyze the power diesel engine market with respect to individual growth trends, future market expansions, and the contribution of each market segment to the overall market growth
  • To analyze opportunities in the market for stakeholders by identifying high-growth market segments and sketching the competitive landscape of market leaders
  • To strategically profile the key players and comprehensively analyze their respective market shares
  • To analyze strategic approaches such as investments and expansions; mergers and acquisitions; product launches; contracts and agreements; and joint ventures and collaborations in the market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

Product Analysis

  • Product Matrix, which provides a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analyses and profiling of additional market players
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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