Growing Construction & Automobile Industry Accelerate The Global Diesel Engines Market
According to a recently published report, the global Diesel Engine Market has generated a revenue of $197.5 billion in 2015 and is anticipated to grow at a CAGR of 6.9 % during the forecast period of 2016-2022. The segmentation of global diesel engine market is type, end users, applications and geography. The report global diesel engine market forecast, 2016-2022 (type, end users, applications and geography) provides detailed overview and predictive analysis of the market.
Full report global diesel engine market forecast, 2016-2022 (type, end users, applications and geography) report at http://www.briskinsights.com/report/diesel-engine-market
Growing construction & infrastructure and automobile industry is the major driving factor for the global diesel engine market. A diesel engine is a type of an internal combustion engine, which has high compression ratio and the heat produced by compression is used to ignite the fuel. There are types of diesel engines present in the market, like the 2 strokes and 4 strokes. These engines are used in wide range of applications namely, ships, trucks, heavy equipment machines, submarines, passenger cars, construction machines etc. Fuelled by globalization, infrastructure renewal, urbanization and the escalating needs of developing megacities, construction industry in emerging economies is expected to grow by two folds within a decade and will become a $6.7 trillion market by 2020, and will account for more than 55 % of the global construction output. In 2015, around 68,539,516 cars and around 22,241,067 trucks were produced globally, showcasing an increase of 2.3 % over previous year’s production. In 2015, APAC held the largest position in the global diesel engine market. Growing automobile industry, construction industry and presence of key market players in the region are the major reasons for this large market share. In APAC, countries like India, China and Southeast Asia are expected show high diesel engine’s demand over the forecast period. However, few restraints and challenges such as limited scope for penetration in saturated markets, development in new application areas, high initial costs involved and government regulation regarding harmful emissions are hampering the market potential of global diesel engine market.
Scope of the Report
1. Global Diesel Engine Market By Type 2012 - 2022 ($ Million)
1.1. 2 stroke engine
1.2. 4 stroke engine
2. Global Diesel Engine Market By End Users 2012 - 2022 ($ Million)
2.1. On Road
2.2. Off Road
3. Global Diesel Engine Market by Application 2012 - 2022 ($ Million)
3.1. Passenger Cars
3.2. Railroad Rolling Stock
3.3. Military Fuel Standardization
3.4. Non-Transport Uses
3.5. Others
4. Global Diesel Engine Market Regional Outlook 2012-2022($ Million)
4.1. North America
4.2. Europe
4.3. Asia Pacific
4.4. Middle East & Africa
4.5. Central & South America
5. Company Profiles
5.1. Bosch
5.2. Continental AG
5.3. Deere & company
5.4. Delphi Automotive
5.5. Detroit Diesel
5.6. Fairbanks Morse
5.7. Ford Motor
5.8. General Motors
5.9. HATZ Diesel
5.10. Henan Diesel Engine Industry
5.11. MAN SE
5.12. Mitsubishi heavy industries
5.13. Rolls-Royce
5.14. Volvo
5.15. Wartsila