Diesel Engine Market Growth And Segment Forecasts To 2020

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Diesel Engine Market Share, Size, Emerging Trends and Growth,
Analysis, Overview and Forecasts 2016-2020
Technavio Announces the Publication of its Research Report – Global Diesel Engine Market 2016-2020
Technavio recognizes the following companies as the key players in the global diesel engine market:
Caterpillar, Cummins, MAN, and Mitsubishi Heavy Industries.
Other Prominent Vendors in the market are: Detroit Diesel, Deutz, Fairbanks Morse, GE Transportation,
HATZ Diesel, Henan Diesel Engine Industry, Henan Diesel Engine Industry¸ J C Bamford, Rolls-Royce,
Volvo, and Wartsila.
Browse full report with TOC@ https://marketreportscenter.com/reports/349456/global-diesel-enginemarket-2016-2020
Commenting on the report, an analyst from Technavio’ s team said: “One of the key trends for market
growth will be growing popularity of exhaust after-treatment technologies. The manufacturers use
various combinations of prevailing technologies, such as diesel particulate filter (DPF), selective catalytic
reduction (SCR), exhaust gas regeneration (EGR), and diesel oxidation catalyst (DOC). These technologies
are known as after-treatment systems as they are mainly used to treat post-combustion exhaust gases.
Incorporation of these systems into the machine requires complex changes in design, as the engine
requires cooling along with quiet operation. Engines that incorporate these after-treatment systems use
clean fuel as input and require fuel that has a low sulphur content.”
According to the report, rising demand for diesel vehicles will be a key driver for market growth. In
2014, ten million cars were sold globally. Diesel-based cars accounted for 20% of global car sales in
2014. Car sales in the US were dominated by the sales of petrol-based cars, whereas diesel cars were
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still falling in the niche segment of overall car sales. The sales of diesel cars in the US is expected to grow
slowly in the coming years owing to the Volkswagen emission cheating scandal in which the company
admitted to having installed software that is capable of cheating on emission tests in 11 million of its
diesel vehicles worldwide.
Further, the report states that stringent regulations will be a challenge faced by the market. The market
sees various stringent regulations that vary in every geographic region. The Gothenberg Protocol is one
of the international standards that specifies NOx emission limits for stationary diesel engines. The
protocol came into force on May 17, 2005. The NOx emission limit specified by the protocol is 500 mg
per cubic newton meter for new stationary diesel engines of power rating greater than 5MW and is
applicable to all parties except Canada and the US.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
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About Diesel Engines
The diesel engine is an internal combustion engine in which air is compressed inside the cylinder to
ignite the fuel. Two main types of diesel engines are available in the market. They are two-stroke and
four-stroke engines. Diesel engines are capable of offering better operational performance, which
makes them a preferred choice over petrol engines. The market is expected to witness high growth due
to the rising demand for diesel engines from the automotive industries in APAC. The latest development
observed in the market is the incorporation of exhaust after-treatment technologies. This technology
aims to reduce emissions, and aid compliance with set standards and regulations.
Technavio’ s analysts forecast the global diesel engine market to grow at a CAGR of 8.65% during the
period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global diesel engine market for
2016-2020. To calculate the market size, Technavio considers the market demand from the on-road and
off-road end-user segments. The on-road segment comprises of light vehicles, medium/heavy trucks,
and light trucks. The off-road segment comprises the equipment run by diesel engines in
industrial/construction, agriculture, and marine sectors.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
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Technavio's report, Global Diesel Engine Market 2016-2020, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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According to the report, rising demand for diesel vehicles will be a key driver for market growth. In 2014, ten million cars were sold globally. Diesel-based cars accounted for 20% of global car sales in 2014.