Global Diesel Engines Market for Non-Automotive Applications 2017-2021

January 10, 2017
SKU:
IRTNTR11479
This market research report identifies players like Caterpillar, Cummins, MAN, Mitsubishi Heavy Industries, and Wärtsilä to be the key vendors in the global diesel engine market for non-automotive applications. This research report also presents a detailed segmentation of the market by end-user (marine, construction, agriculture, and generators) and geography (the Americas, APAC, and EMEA).

Overview of the global diesel engine market for non-automotive applications

Technavio’s market research analyst predicts the global diesel engine market for non-automotive applications to grow at a CAGR of over 6% between 2017 and 2021. Diesel as a fuel type dominates the overall generator market. Industrial generators have been depending on diesel as the most preferred fuel type owing to its low cost and easy availability. However, there is a growing trend toward the usage of natural gas and other alternative environment-friendly and non-diesel fuel sources. Despite this fact, diesel will continue to lead the fuel type segment for many years to come. The diesel engines available have modified combustion chambers that provide optimal combustion rates, better fuel economy, and lower emissions. Manufacturers are also coming up with several advancements and modifications in terms of fuel emission treatment methods and fuel composition. The global diesel engine market for non-automotive applications will be majorly impacted by the demand created by the major end-user industries such as marine, construction equipment, and agricultural equipment industries.

Several market players are gradually converting conventional diesel engines to dual-fuel natural gas engines. These dual-fuel systems can be easily uninstalled, and the engine can be restored back to its initial condition. Dual-fuel engines can be modified to operate as an environmental-friendly engine. Also, the power generation from such engines is continuous because even if gas supply is interrupted, the backup diesel operation is immediately available. These engines provide total original power capacity and higher compression ratio, which leads to higher engine output.

Competitive landscape and key vendors

The global diesel engine market for non-automotive applications is fragmented with the presence of many local and global vendors. The international players contend based on quality, efficiency, and after-sales service. The competitive landscape in the market is predicted to intensify due to the shift in the preference of the buyers towards energy-efficient engines. To sustain their strong positions, the major players in the market are likely to direct their efforts in distinguishing their products and comply with the stringent regulations outlined in various regions.

Leading vendors in the market are -

  • Caterpillar
  • Cummins
  • MAN
  • Mitsubishi Heavy Industries
  • Wärtsilä

Other prominent vendors in the diesel engine market for non-automotive applications 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.

Segmentation by end-user and analysis of the global diesel engine market for non-automotive applications

  • Marine
  • Construction
  • Agriculture
  • Generators

The marine sector accounted for the largest market share in the market as the diesel engine market is mainly dependent on the shipbuilding industry. Diesel propulsion engine is the most commonly used marine propulsion engine, which converts thermal energy to mechanical energy. These diesel propulsion systems have extensive applications in seaborne transport, including small ships and recreational vessels. With the growing applications of marine diesel engines in commercial ships and leisure ships, this market segment is expected to witness massive growth over the next four years.

Geographical segmentation and analysis of the diesel engine market for non-automotive applications

  • Americas
  • APAC
  • EMEA

APAC dominated the market during 2016 and will continue to maintain its lead throughout the forecast period. Much of the region’s growth can be attributed to the high demand for diesel engines from major end-user industries such as construction, marine, and generators. The growing inclination towards development projects and implementation of smart city programs will further contribute to the growth of the overall market in the coming years.

 Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global diesel engine market for non-automotive applications?
  • What are the key market trends impacting the growth of the global diesel engine market for non-automotive applications?
  • What are the challenges to market growth?
  • Who are the key vendors in the global diesel engine market for non-automotive applications?
  • What are the market opportunities and threats faced by the vendors in the global diesel engine market for non-automotive applications?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global diesel engine market for non-automotive applications?

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