Dublin, June 23, 2023 (GLOBE NEWSWIRE) -- The "Diesel Power Engines - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Diesel Power Engines estimated at US$206.1 Billion in the year 2022, is projected to reach a revised size of US$269.9 Billion by 2030, growing at a CAGR of 3.4% over the analysis period 2022-2030.
Standby, one of the segments analyzed in the report, is projected to record a 3.7% CAGR and reach US$143.9 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Prime / Continuous segment is readjusted to a revised 3.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $56.1 Billion, While China is Forecast to Grow at 5.8% CAGR
The Diesel Power Engines market in the U.S. is estimated at US$56.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$54.4 Billion by the year 2030 trailing a CAGR of 5.8% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 2.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$35.2 Billion by the year 2030.
Select Competitors (Total 21 Featured) -
- Caterpillar, Inc.
- Cummins, Inc.
- Doosan Corporation
- Hyundai Heavy Industries Co., Ltd.
- Kohler Company
- Kubota Corporation
- MAN SE
- Mitsubishi Heavy Industries Ltd.
- Rolls-Royce Holdings PLC
- Volvo Penta
- Wartsila Corporation
- Yanmar Holdings Co., Ltd.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 234 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $206.1 Billion |
| Forecasted Market Value (USD) by 2030 | $269.9 Billion |
| Compound Annual Growth Rate | 3.4% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Diesel Power Engine: A Prelude
- Steady Growth Projected for Diesel Power Engine Market
- Diesel Power Engines - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Relative Better Performance and Efficiency than Gasoline and CNG Generators Gives Impetus to the Diesel Power Engine Market
- Rising Demand for Industrial Diesel Generators Instigates Broad-Based Opportunities
- Data Centers Rely on Industrial Diesel Generators Amid Escalating Power Requirements
- Surging Data Center IP Traffic Points Toward Increased Power Requirements: Global Data Center IP Traffic in Exabytes by Segment for the Years 2016 through 2022
- Aerospace Industry: A Niche Application Market for Industrial Diesel Generators
- Hospitality Sector Steers Demand for Commercial-Grade Diesel Generators
- Opportunities Remain Robust in Home Use Segment
- Diesel Generators Gain Traction in Peak Shaving Applications
- Standby Power Rated Generators: The Most Commonly Rated Generator Sets
- Prime Power Rated Generators Invalidate the Reliance on Public Utility
- Product Improvements and Technology Advancements Augment Market Prospects: A Review of Select Recently Launched Diesel Generators
- CUMMINS India Unveils K38 Series 910 kVA Prime Diesel Generator Sets
- Cummins Showcases New QSG12 50Hz Diesel Generator Series
- CATERPILLAR Upgrades Diesel Generator Sets with Optional Dynamic Gas BlendingT (DGBT) Dual-Fuel Technology Feature
- Mahindra Powerol Forays into Higher Capacity Diesel Generators segment with the Roll Out of mPower 250 and 320 kva DGs
- Kohler Rolls Out KD Series Diesel Industrial Generator Sets
- Volvo Penta Introduces TWD1645GE and TWD1644GE Diesel Engines
- Silent Generators Step In to Redefine the Usability of Diesel Engines
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/3oom16
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