Diesel power engine market is anticipated to grow at a CAGR of 4.1% during the forecast period. The rapidly growing establishment of data centres and developments of large-scale infrastructure projects, among others, are major factors driving the market growth to meet the requirements of reliable power backup. Resultantly, the key market players are focusing on developing and introducing new diesel engines to cater to the demand and stay competitive in the market. For instance, in August 2021, Cummins Inc. launched QSK60 G23, a made-in-India diesel generator set with 2,500-2,750 kVA, designed especially to fulfill the increasing power requirements of various industry segments. The genset is designed to minimize downtime and improve the total cost of ownership effectively and innovatively and is capable of withstanding Indian climatic conditions to deliver reliable performance.
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The global diesel power engine market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. North America is expected to hold a considerable share of the diesel power engine market during the forecast period, owing to the increasing infrastructure in the region.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Diesel Power Engine Market by Operation
- Standby
- Prime
- Peak Shaving
Global Diesel Power Engine Market by Speed
- Below 720 RPM
- 720-1000 RPM
- Above 1000 RPM
Global Diesel Power Engine Market by End-User
- Industrial
- Commercial
- Residential
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AGCO Corp.
- BorgWarner Inc.
- Caterpillar Inc.
- Continental AG
- Cummins Inc.
- Doosan Group
- FAW Group Corp Ltd.
- Ford Motor Co.
- General Motors
- Hyundai Heavy Industries Co., Ltd.
- John Deere Group
- Kohler Co.
- Kubota Corp.
- MAN SE
- Mitsubishi Heavy Industries, Ltd.
- Robert Bosch GmbH
- Rolls-Royce Holdings plc
- Volvo Penta
- Wärtsilä Corp.
- Yanmar Co. Ltd.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global diesel power engine market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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