According to Technavio’s latest market research study, the global diesel engines market for non-automotive applications is expected to grow at a CAGR of close to 6% during the forecast period, 2017-2020
This report by Technavio provides an in-depth analysis of the global diesel engines market for non-automotive applications in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the end-user type
Source: Technavio
Click here to request a free sample of this report
The top three revenue contributing end-user segments are discussed below
Global diesel engines market for the marine industry: Marine diesel engines are widely used in commercial ships and leisure ships. The industry is dominated by players from APAC countries like China, Japan, and South Korea. During the forecast period, falling crude oil prices and the subsequent increase in global trade activities is expected to fuel the demand for diesel engines from the marine industry.
“The diesel engine market is dependent largely on the shipbuilding industry. Therefore, an increase in production of the shipbuilding industry globally is expected to have a positive impact on its dependent products,” says Anju Ajaykumar, a lead analyst at Technavio for research on tools and components.
Global diesel engines market for the construction industry: The increased focus toward infrastructure is the major driving force behind the growth of the global diesel engines market for the construction industry. During the forecast period, the European, American, and Indian markets are expected to be the dominant players.
Global diesel engines market for the agriculture industry: The diesel engines market for the agricultural industry is anticipated to experience positive growth during the forecast period, fueled by the ever-increasing demand for food. Western Europe, China, and North America are some of the key revenue generating regions for this end-user segment of the global diesel engines market for non-automotive applications.
Ask an analyst to know more about this report
Top vendors operating in the global diesel engines market for non-automotive applications are:
- Caterpillar
- Cummins
- MAN
- Mitsubishi Heavy Industries
- Wärtsilä
Other prominent vendors in the market include Detroit Diesel, DEUTZ, Deere & Company, Daihatsu, Doosan Infracore, Fairbanks Morse Engine, GE Transportation, HATZ Diesel, Henan Diesel Engine, Kubota, Kawasaki, Kirloskar Oil Engines, Kohler, Liebherr, Lombardini, MEGATECH Power, MTU, Isuzu, JCB, Power Solutions International, Rolls-Royce, Scania, Volvo Penta, Yanmar, and Weichai Power.
A more detailed analysis is available in the Technavio report titled, ‘Global Diesel Engines Market for Non-automotive Applications 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global Diesel Locomotive Engines Market 2016-2020
- Global Diesel Generator Market 2016-2020
- Global Fuse Holder Market 2016-2020
To read more press releases – click here
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
https://www.technavio.com/
