Diesel Engines Industry: Projections for 4.4% CAGR Growth from 2023 from Dipaxac's blog

The size of the Diesel Engines Industry was valued at USD 63.8 billion in 2022 and is projected to reach USD 90.05 billion by 2030, with a compound annual growth rate (CAGR) of 4.4% during the forecast period from 2023 to 2030.

In the year 2022, the Diesel Engines Industry demonstrated a valuation of USD 63.8 billion. Looking ahead, the industry is poised for substantial growth, with an estimated value of USD 90.05 billion by the year 2030. This growth is expected to occur at a steady compound annual growth rate (CAGR) of 4.4% during the forecast period spanning from 2023 to 2030.

The Diesel Engines Industry has witnessed remarkable progress, and its upward trajectory is set to continue. With a projected value of USD 90.05 billion by 2030, this industry is expected to experience a steady compound annual growth rate (CAGR) of 4.4% from 2023 to 2030.

The Diesel Engines Industry has displayed impressive growth, reaching a valuation of USD 63.8 billion in 2022. Looking ahead, this industry is anticipated to soar even higher, with an estimated value of USD 90.05 billion by 2030. This growth is projected to occur at a consistent compound annual growth rate (CAGR) of 4.4% during the forecast period from 2023 to 2030. 

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DRIVERS

  • Industrial Development & Efficiency and Torque

  • Global Transportation and Trade

  • Emerging Markets & Power Generation

OPPORTUNITY 

  • Technologies for Emissions Reduction

  • Electrification and hybridization

  • Enhancements to Remote Power Generation Efficiency

KEY MARKET SEGMENTATION

By Speed

  • Low (Up to 720 rpm)
  • Medium (720-1200 rpm)
  • High (1200-1800 rpm, Above 1800 rpm)

By Power rating

  • Below 0.5 MW
  • 0.5-1.0 MW
  • 1.1-2.0 MW
  • 2.1-5.0MW
  • Above 5.0 MW

By End user

  • Power Generation
  • Marines
  • Locomotives
  • Oil & Gas
  • Mining
  • Construction
  • Others

Key Players

The major key players are AGCO Corporation, Robert Bosch GmbH, Deere & Company, Continental AG, Delphi Automotive System Private Limited, Mitsubishi Heavy Industries, Ltd, Ford Motor Company, General Motors Company, MAN SE, Wärtsilä Oyj Abp, Cummins, Inc, Rolls-Royce Motor Cars Limited, Caterpillar and Others Players

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Table of Contents

  1. Introduction
  2. Research Methodology
  3. Market Dynamics
  4. Impact Analysis
  5. Value Chain Analysis
  6. Porter’s 5 forces model
  7. PEST Analysis
  8. Diesel Engines Market Segmentation, By Speed
  9. Diesel Engines Market Segmentation, By power rating
  10. Diesel Engines Market Segmentation, By end user
  11. Regional Analysis
  12. Company Profile
  13. Competitive Landscape
  14. USE Cases and Best Practices
  15. Conclusion

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