Diesel Power Engine Market Report Information, by Operation (Standby, Prime, and Peak Shaving), Rated Power (Up To 0.5 MW, 0.5–1 MW, 1–2 MW, 2–5 MW, and Above 5 MW), End-User (Industrial, Commercial, Residential) and By Region (North America, Europe, Asia-Pacific, Rest of the World) – Global Forecast to 2023
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Global Diesel Power Engine Market Scenario:
The global diesel power engine market is expected to grow at 5.5% CAGR during the forecast period. Diesel is an internal combustion engine, wherein air is compressed to an adequately high temperature to burn diesel fuel introduced into the cylinder, and combustion and expansion trigger a piston. Diesel engine converts the chemical energy stored in the fuel into mechanical energy, which can be used to power various equipment at every end-user level.
Diesel power engines have a wide application in various sectors such as industrial, commercial, and residential for standby, prime, continuous, and peak shaving. The growth in the number of data centres and IT facilities, indicating urbanization in developing countries, is expected to boost the diesel engine market.
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The market for diesel power engine is expected to have many expansions over the forecast period due to continuous technological advancement in energy sector coupled with increased power demand. The diesel power engine market is also expected to have high development activities by conglomerates and well-established companies.
Diesel Power Engine Industry Segmental Analysis:
Global diesel power engine market has been segmented based on operation, rated power, end-user and region.
Based on the operation the market is segmented into standby, prime, and peak shaving. Among these, the standby segment is estimated to dominate the diesel power engine market in 2017. Also, it is projected to grow at the highest rate during the forecast period due to the increased requirement for backup power in various applications such as residential, hospitals, and power plants for quick power generation.
Based on the rated power, the market is segmented into Up To 0.5 MW, 0.5–1 MW, 1–2 MW, 2–5 MW, and Above 5 MW. The 1 MW-2 MW segment is estimated to dominate the diesel power engine market in 2017.
Based on the end-user, the market is segmented into industrial, commercial, residential. The industrial segment is estimated to be the fastest-growing diesel power engine market, by end-user, from 2017 to 2023. The segment includes power station, oil & gas, and others such as mining, chemical, and manufacturing.
The growth of this segment, especially in Asia Pacific, South America, and the Middle East & Africa, is expected to drive the diesel power engine market. The higher requirement of power generation in these regions is expected to drive the demand for diesel power engine.
Top Manufacturers:
Caterpillar Inc. (U.S.), Cummins, Inc. (U.S.), MAN SE (Germany), Rolls-Royce Holdings plc. (U.K.), Wärtsilä Corp (Finland), Mitsubishi Heavy Industries, Ltd. (Japan), Volvo Penta (Sweden), Hyundai Heavy Industries Co., Ltd. (South Korea), Doosan (South Korea), Yanmar Co., Ltd. (Japan), Kubota Corporation (Japan) and Kohler Co. (U.S.).
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Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 Research Process
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Diesel Power Engine Market, By Operation
5.1 Introduction
5.2 Standby
5.3 Prime
5.4 Peak Shaving
6 Global Diesel Power Engine Market, By Rated Power
6.1 Introduction
6.2 Up To 0.5 MW
6.3 0.5–1 MW
6.4 1–2 MW
6.5 2–5 MW
6.6 Above 5 MW
7 Global Diesel Power Engine Market, By End-User
7.1 Introduction
7.2 Industrial
7.3 Commercial
7.4 Residential
Continued…….
List Of Tables
Table 1 Global Diesel Power Engine Market: By Region, 2017-2023
Table 2 North America Diesel Power Engine Market: By Country, 2017-2023
Table 3 Europe Diesel Power Engine Market: By Country, 2017-2023
Table 4 Asia-Pacific Diesel Power Engine Market: By Country, 2017-2023
Table 5 North America Diesel Power Engine Market, By Operation, By Country, 2017-2023
Table 6 Europe Diesel Power Engine Market, By Rated Power, By Country, 2017-2023
Table 7 Asia-Pacific Diesel Power Engine Market By Operation, By Country, 2017-2023
Table 8 RoW Diesel Power Engine Market By Operation, By Country, 2017-2023
Continued…..
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