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Diesel Power Engine Market to Reckon increasing valuation by the end of year 2023

Added: (Thu Jun 07 2018)

Pressbox (Press Release) - Global Diesel Power Engine Market was valued at USD 8.05 Billion in the year 2017. Global Diesel Power Engine market is further estimated to grow at a CAGR of 4.84% from 2018 to 2023 to reach USD 10.69 Billion by the year 2023. Asia-Pacific region holds the highest market share in 2017. At country level China, Japan and India are projected to grow at a strongly in the coming years.

Cummins Inc., Caterpillar Inc., Yanmar Co. Ltd., Man Diesel & Turbo SE, Tohatsu Corporation, Wartsila, Mitsubishi Heavy Industries Ltd., Rolls-Royce Power Systems AG, Brunswick Corporation, John Deere & Company, are some of the top players in the Global Diesel Power Engine market. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

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Drivers:

Development in Infrastructure

Restraints:

High maintenance and operation cost

Opportunities:

Hybrid power generation is growing

Challenges:

Government Regulation

The major shares of the market come from 1-2 MW in Global Diesel Power Engine Market.

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Key Benefits for Stakeholders

Diesel Power Engine Manufacturers, Distributors and Retailers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Power

Up to 0.5 MW

0.5-1 MW

1-2 MW

2-5 MW

Above 5 MW

By Type

Peak Shaving

Standby

Prime/Continuous

By Vertical Industry

Commercial

Residential

Industrial

By Region

North America

Europe

Asia-Pacific

RoW

Key Market Players

Cummins Inc.

Caterpillar Inc.

Yanmar Co. Ltd.

Man Diesel & Turbo SE

Tohatsu Corporation

Wärtsilä

Mitsubishi Heavy Industries Ltd.

Rolls-Royce Power Systems AG

Brunswick Corporation

John Deere & Company

Read Report Overview with Full TOC @ https://bit.ly/2M44jYw

Submitted by:25447724
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