The size of the Diesel Engines Industry was valued at USD 63.8 billion in 2022 and is projected to reach USD 90.05 billion by 2030, with a compound annual growth rate (CAGR) of 4.4% during the forecast period from 2023 to 2030.
In the year 2022, the Diesel Engines Industry demonstrated a valuation of USD 63.8 billion. Looking ahead, the industry is poised for substantial growth, with an estimated value of USD 90.05 billion by the year 2030. This growth is expected to occur at a steady compound annual growth rate (CAGR) of 4.4% during the forecast period spanning from 2023 to 2030.
The Diesel Engines Industry has witnessed remarkable progress, and its upward trajectory is set to continue. With a projected value of USD 90.05 billion by 2030, this industry is expected to experience a steady compound annual growth rate (CAGR) of 4.4% from 2023 to 2030.
The Diesel Engines Industry has displayed impressive growth, reaching a valuation of USD 63.8 billion in 2022. Looking ahead, this industry is anticipated to soar even higher, with an estimated value of USD 90.05 billion by 2030. This growth is projected to occur at a consistent compound annual growth rate (CAGR) of 4.4% during the forecast period from 2023 to 2030.
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DRIVERS
Industrial Development & Efficiency and Torque
Global Transportation and Trade
Emerging Markets & Power Generation
OPPORTUNITY
Technologies for Emissions Reduction
Electrification and hybridization
Enhancements to Remote Power Generation Efficiency
KEY MARKET SEGMENTATION
By Speed
Low (Up to 720 rpm)Medium (720-1200 rpm)High (1200-1800 rpm, Above 1800 rpm)By Power rating
Below 0.5 MW0.5-1.0 MW1.1-2.0 MW2.1-5.0MWAbove 5.0 MWBy End user
Power GenerationMarinesLocomotivesOil & GasMiningConstructionOthersKey Players
The major key players are AGCO Corporation, Robert Bosch GmbH, Deere & Company, Continental AG, Delphi Automotive System Private Limited, Mitsubishi Heavy Industries, Ltd, Ford Motor Company, General Motors Company, MAN SE, Wärtsilä Oyj Abp, Cummins, Inc, Rolls-Royce Motor Cars Limited, Caterpillar and Others Players
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Table of Contents
IntroductionResearch MethodologyMarket DynamicsImpact AnalysisValue Chain AnalysisPorter’s 5 forces modelPEST AnalysisDiesel Engines Market Segmentation, By SpeedDiesel Engines Market Segmentation, By power ratingDiesel Engines Market Segmentation, By end userRegional AnalysisCompany ProfileCompetitive LandscapeUSE Cases and Best PracticesConclusionOther Exclusive Report: Ductless Heating & Cooling Systems Market
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