Diesel Engine Market - Global Outlook and Forecast 2020-2025 (2023)

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In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Diesel Engine Market Report

The diesel engine market by revenue is expected to grow at a CAGR of 3% during the period 2019-2025.

The global diesel engine market is expected to touch new growth heights on account of the development of new generation agriculture equipment, manufacturing, forestry, material processing, military, mining and utility vehicles, and locomotives and ships, which are expected to expand the usage of modern diesel engines. The sale of aftermarket diesel engine products is also likely to rise as the world's stocks are increasing. In addition, diesel models in industrializing countries with low strict emission requirements are expected to gain market shares. Several powerful diesel engines are expected to be built in the future, which comply with the latest emissions regulations. The global demand for diesel engines is expected to be guided primarily by the development in major regions, including Europe and APAC. The increasing use of more sophisticated technical engines is also likely to increase to drive revenue during the forecast period.

The impact of COVID-19 on the global economy has affected the automotive and non-automotive markets, which have affected industrial and commercial vehicle sales and fuel prices. Hence, the slowdown in the automotive sector has also affected the global diesel engine market in terms of demand.

The following factors are likely to contribute to the growth of the diesel engine market during the forecast period:

  • Growth in Hybrid Vehicle
  • Growth in Non-Automotive Market
  • High Demand for Diesel Vehicles

The study considers the present scenario of the diesel engine market and its market dynamics for the period 2019-2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.

DIESEL ENGINE MARKET SEGMENTATION

This research report includes a detailed segmentation by application, power equipment by operation, power equipment by end-user, marine diesel Engine by speed, and geography. The automotive segment is expected to have higher growth rate than the non-automotive application segment. Although diesel engines are more fuel efficient than petrol ones, the incentive for vehicle manufacturers is on the lower side as there is a higher tax rate on diesel vehicles than petrol ones, and the emission standards for diesel engines are considerably higher than those for petrol. The sale of diesel engines in full-size and commercial pickup trucks and SUVs is expected to increase post Q1 2021.

The stand-by operation segment is expected to have a high growth than prime and peak shaving segments. Diesel engines are of low cost and have the ability to handle high-load during emergency power-cuts. Moreover, the outbreak of COVID-19 has brought all markets to a standstill due to shutdowns and lockdowns imposed across countries. The demand for peak shaving power generators is driven by constant outages of electricity in countries having extreme climates and unsuitable power infrastructure. The prime power segment is expected to be among the fastest-growing market during the forecast period.

The industrial end-user segment is projected to grow at the fastest CAGR of over 3% during the forecast period. The industry's main driving force is - government economic development policies in various countries including Mexico, China, Brazil, and India. Also, the growth of the oil and gas, construction equipment, and other industries in China, Brazil, Canada, and African countries is also pushing the demand for power gensets in the industrial end-user sector. The demand is driven by the upcoming investment programs with respect to expansion in the industrial sector. However, after the COVID-19 outbreak, industries have been affected and gradual growth of industries after reopening are expected to push the market ahead.

Low-speed diesel engines in marine applications are expected to increase in demand from shipyards in East Asia, particularly in China, Korea, and Japan during the forecast period. The two-stroke cycle in diesel powered marine engines is to improve the power-to-weight ratio and raise the scale and reversibility of the engine. The market is projected to grow further due to increased investments by major vendors and product expansions.

By Application

  • Automotive
  • Heavy Vehicles
  • Light Passenger
  • Light Commercial
  • Non-automotive
  • Construction Equipment
  • Power Equipment
  • Marine Industry
  • Agricultural Equipment
  • Others

By Power Equipment by Operation

  • Peak Shaving
  • Prime
  • Stand-by

By Power Equipment by End-user

  • Industrial
  • Commercial
  • Residential

By Marine Diesel Engine by Speed

  • Low
  • Medium
  • High

INSIGHTS BY GEOGRAPHY

The APAC diesel engine market growth is strengthened because of the increased use of commercial vehicles in the industrial sector. Growth in vehicle sales were impacted throughout the globe in the first two quarters of 2020 due to the outbreak of the pandemic. Also, diesel vehicle markets are projected to remain uncertain in 2020 and 2021, owing to fluctuating macroeconomic conditions. The diesel engine industry in APAC is expected to grow at a CAGR of over 2% during the forecast period. China is likely to witness a truncated growth rate with respect to diesel engines, as the electric vehicle market is set to grow further in the country, with minimal government incentives. The demand for diesel engine vehicles has been increasing in Japan, whereas countries in Europe and North America were declining. The diesel engine market in India is anticipated to have opportunities in construction equipment and heavy industry equipment markets.

By Geography

  • North America
  • US
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • Latin America
  • Brazil
  • Mexico
  • Chile
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Egypt
  • Turkey

INSIGHTS BY VENDORS

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The global diesel engine market is highly fragmented due to the presence of several local and global players in the market. The market is characterized by established brands, a full array of competitive products and features, and a strong global presence and customer service and distribution network. The key players compete on the basis of product performance, service to clients, quality, innovation, and price. The market remains competitive from a demand point of view, but steps taken to preserve the competitive advantage in the current economic environment are projected to result in a price realization that is lower than expected.

Prominent Vendors

  • Bosch
  • Caterpillar
  • CNH Industrial
  • Cummins
  • Daimler
  • John Deere
  • Volvo Group
  • Wärtsilä

Other Prominent Vendors

  • Scania
  • Rolls-Royce Motor
  • General Motors (GM)
  • Deutz
  • Kubota
  • Navistar International Corporation
  • Changchai
  • Greaves
  • Anglo Belgian
  • Daihatsu
  • Detroit Diesel
  • Doosan Engine
  • IHI Power Systems
  • ISUZU Diesel
  • Lister Petter
  • MAN SE
  • Mitsubishi
  • Kawasaki Heavy Industries
  • Perkins
  • Shifeng
  • Weichai Dongli
  • Winterthur Gas & Diesel
  • Yanmar

Key Questions Answered:

  • What is the diesel engine market size and growth rate during the forecast period?
  • What are the factors impacting the growth of the diesel engine market share?
  • Who are the leading vendors in the diesel engine market, and what are their market shares?
  • What is the impact of the COVID-19 pandemic on the diesel engine market share?

Table of Contents

1 Research Methodology2 Research Objectives3 Research Process

4 Scope & Coverage

4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusion
4.2 Base Year
4.3 Scope Of The Study
4.3.1 Market Segmentation by Application Type
4.3.2 Market Segmentation by Automotive Type
4.3.3 Market Segmentation by Non-Automotive Type
4.3.4 Market Segmentation in Power Equipment by Operation Type
4.3.5 Market Segmentation in Power Equipment by End user Type
4.3.6 Market Segmentation in Marine by Speed Type
4.3.7 Market Segmentation by Geography

5 Report Assumptions & Caveats

5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market At A Glance

7 Introduction

7.1 Overview
7.2 Impact Of COVID-19
7.2.1 Impact on Key Countries

8 Market Opportunities & Trends

8.1 Growth In Hybrid Vehicle
8.2 Growth In The Non-Automotive Market

9 Market Growth Enablers

9.1 Rising Demand For Diesel Vehicles
9.2 Fuel Efficient Than Petrol Engine

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10 Market Restraints

10.1 Competition From Alternative Energy Source
10.2 Stringent Regulations
10.3 Growing Electric Vehicle Market

11 Market Landscape

11.1 Market Overview
11.1.1 Key Insights
11.2 Market Size & Forecast
11.3 Five Forces Analysis
11.3.1 Threat of New Entrants
11.3.2 Bargaining Power of Suppliers
11.3.3 Bargaining Power of Buyers
11.3.4 Threat of Substitutes
11.3.5 Competitive Rivalry

12 Application

12.1 Market Snapshot & Growth Engine
12.2 Market Overview

13 Automotive

13.1 Market Overview
13.2 Impact of COVID-19
13.3 Market Size & Forecast
13.3.1 Market by Geography
13.3.2 Market Snapshot & Growth Engine
13.4 Heavy Vehicles
13.4.1 Market Size & Forecast
13.4.2 Market by Geography
13.5 Light Passenger
13.5.1 Market Size & Forecast
13.5.2 Market by Geography
13.6 Light Commercial
13.6.1 Market Size & Forecast
13.6.2 Market by Geography

14 Non-Automotive

14.1 Market Overview
14.2 Impact of COVID-19
14.3 Market Size & Forecast
14.3.1 Market by Geography
14.3.2 Market Snapshot & Growth Engine
14.4 Construction Equipment
14.4.1 Market Size & Forecast
14.4.2 Market By Geography
14.5 Power Equipment
14.5.1 Market Size & Forecast
14.5.2 Market By Geography
14.6 Marine Industry
14.6.1 Market Size & Forecast
14.6.2 Market By Geography
14.7 Agricultural Equipment
14.7.1 Market Size & Forecast
14.7.2 Market By Geography
14.8 Others
14.8.1 Market Size & Forecast
14.8.2 Market by Geography

15 Power Equipment By Operation

15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.3 Peak Shaving
15.3.1 Market Overview
15.3.2 Market Size & Forecast
15.4 Prime
15.4.1 Market Overview
15.4.2 Market Size & Forecast
15.5 Stand-By
15.5.1 Market Overview
15.5.2 Market Size & Forecast

16 Power Equipment By End User

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16.1 Market Snapshot & Growth Engine
16.2 Market Overview
16.3 Industrial
16.3.1 Market Overview
16.3.2 Market Size & Forecast
16.4 Commercial
16.4.1 Market Overview
16.4.2 Market Size & Forecast
16.5 Residential
16.5.1 Market Overview
16.5.2 Market Size & Forecast

17 Marine Industry By Speed

17.1 Market Snapshot & Growth Engine
17.2 Market Overview
17.3 Low Speed
17.3.1 Market Overview
17.3.2 Market Size & Forecast
17.4 Medium Speed
17.4.1 Market Overview
17.4.2 Market Size & Forecast
17.5 High Speed
17.5.1 Market Overview
17.5.2 Market Size & Forecast

18 Geography

18.1 Market Snapshot & Growth Engine
18.2 Geographic Overview

19 APAC

19.1 Market Overview
19.2 Market Size & Forecast
19.3 Application
19.3.1 Market Size & Forecast
19.4 Automotive
19.4.1 Market Size & Forecast
19.5 Non-Automotive
19.5.1 Market Size & Forecast
19.6 Key Countries
19.6.1 China: Market Size & Forecast
19.6.2 Japan: Market Size & Forecast
19.6.3 India: Market Size & Forecast
19.6.4 South Korea: Market Size & Forecast
19.6.5 Australia: Market Size & Forecast

20 Europe

20.1 Market Overview
20.2 Market Size & Forecast
20.3 Application
20.3.1 Market Size & Forecast
20.4 Automotive
20.4.1 Market Size & Forecast
20.5 Non-Automotive
20.5.1 Market Size & Forecast
20.6 Key Countries
20.6.1 Germany: Market Size & Forecast
20.6.2 France: Market Size & Forecast
20.6.3 United Kingdom: Market Size & Forecast
20.6.4 Italy: Market Size & Forecast
20.6.5 Spain: Market Size & Forecast

21 North America

21.1 Market Overview
21.2 Market Size & Forecast
21.3 Application
21.3.1 Market Size & Forecast
21.4 Automotive
21.4.1 Market Size & Forecast
21.5 Non-Automotive
21.5.1 Market Size & Forecast
21.6 Key Countries
21.6.1 United States: Market Size & Forecast
21.6.2 Canada: Market Size & Forecast

22 Middle East And Africa

22.1 Market Overview
22.2 Market Size & Forecast
22.3 Application
22.3.1 Market Size & Forecast
22.4 Automotive
22.4.1 Market Size & Forecast
22.5 Non-Automotive
22.5.1 Market Size & Forecast
22.6 Key Countries
22.6.1 Saudi Arabia: Market Size & Forecast
22.6.2 Turkey: Market Size & Forecast
22.6.3 Egypt: Market Size & Forecast
22.6.4 South Africa: Market Size & Forecast

23 Latin America

23.1 Market Overview
23.2 Market Size & Forecast
23.3 Application
23.3.1 Market Size & Forecast
23.4 Automotive
23.4.1 Market Size & Forecast
23.5 Non-Automotive
23.5.1 Market Size & Forecast
23.6 Key Countries
23.6.1 Mexico: Market Size & Forecast
23.6.2 Brazil: Market Size & Forecast
23.6.3 Chile: Market Size & Forecast

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24 Competitive Landscape

24.1 Competition Overview

25 Key Company Profiles

25.1 Bosch
25.1.1 Business Overview
25.1.2 Product Offerings
25.1.3 Key Strategies
25.1.4 Key Strengths
25.1.5 Key Opportunities
25.2 Caterpillar
25.2.1 Business Overview
25.2.2 Product Offerings
25.2.3 Key Strategies
25.2.4 Key Strengths
25.2.5 Key Opportunity
25.3 CNH Industrial
25.3.1 Business Overview
25.3.2 Product Offerings
25.3.3 Key Strategies
25.3.4 Key Strengths
25.3.5 Key Opportunities
25.4 Cummins
25.4.1 Business Overview
25.4.2 Product Offerings
25.4.3 Key Strategies
25.4.4 Key Strengths
25.4.5 Key Opportunities
25.5 Daimler
25.5.1 Business Overview
25.5.2 Product Offerings
25.5.3 Key Strategies
25.5.4 Key Strengths
25.5.5 Key Opportunities
25.6 John Deere
25.6.1 Business Overview
25.6.2 Product Offerings
25.6.3 Key Strategies
25.6.4 Key Strengths
25.6.5 Key Opportunities
25.7 Volvo Group
25.7.1 Business Overview
25.7.2 Product Offerings
25.7.3 Key Strategies
25.7.4 Key Strengths
25.7.5 Key Opportunities
25.8 WÄRTSILÄ
25.8.1 Business Overview
25.8.2 Product Offerings
25.8.3 Key Strategies
25.8.4 Key Strengths
25.8.5 Key Opportunities

26 Other Prominent Vendors

26.1 Scania
26.1.1 Business Overview
26.1.2 Product Offerings
26.2 Rolls Royce
26.2.1 Business Overview
26.2.2 Product Offerings
26.3 General Motors
26.3.1 Business Overview
26.3.2 Product Offerings
26.4 DEUTZ
26.4.1 Business Overview
26.4.2 Product Offerings
26.5 Kubota
26.5.1 Business Overview
26.5.2 Product Offerings
26.6 Navistar
26.6.1 Business Overview
26.6.2 Product Offerings
26.7 Changchai
26.7.1 Business Overview
26.7.2 Product Offerings
26.8 Anglo Belgian
26.8.1 Business Overview
26.8.2 Product Offerings
26.9 Daihatsu
26.9.1 Business Overview
26.9.2 Product Offerings
26.10 Detriot Diesel
26.10.1 Business Overview
26.10.2 Product Offerings
26.11 Doosan Engine
26.11.1 Business Overview
26.11.2 Product Offerings
26.12 IHI POWER SYSTEMS
26.12.1 Business Overview
26.12.2 Product Offerings
26.13 Isuzu Diesel
26.13.1 Business Overview
26.13.2 Product Offerings
26.14 Lister Petter
26.14.1 Business Overview
26.14.2 Product Offerings
26.15 MAN SE
26.15.1 Business Overview
26.15.2 Product Offerings
26.16 Mitsubishi
26.16.1 Business Overview
26.16.2 Product Offerings
26.17 Kawasaki Heavy Industries
26.17.1 Business Overview
26.17.2 Product Offerings
26.18 Perkins
26.18.1 Business Overview
26.18.2 Product Offerings
26.19 SHIFENG
26.19.1 Business Overview
26.19.2 Product Offerings
26.20 WEICHAI DONGLI
26.20.1 Business Overview
26.20.2 Product Offerings
26.21 Winterthur Gas & Diesel
26.21.1 Business Overview
26.21.2 Product Offerings
26.22 Yanmar
26.22.1 Business Overview
26.22.2 Product Offerings

27 Report Summary

27.1 Key Takeaways
27.2 Strategic Recommendations

28 Quantitative Summary

28.1 Geography
28.1.1 Market Size & Forecast (Value)
28.1.2 Market Size & Forecast (% Revenue)
28.2 APAC
28.2.1 Application
28.2.2 Market Size & Forecast
28.2.3 Automotive
28.2.4 Market Size & Forecast
28.2.5 Non-Automotive
28.2.6 Market Size & Forecast
28.3 Europe
28.3.1 Application
28.3.2 Market Size & Forecast
28.3.3 Automotive
28.3.4 Market Size & Forecast
28.3.5 Non-Automotive
28.3.6 Market Size & Forecast
28.4 North America
28.4.1 Application
28.4.2 Market Size & Forecast
28.4.3 Automotive
28.4.4 Market Size & Forecast
28.4.5 Non-Automotive
28.4.6 Market Size & Forecast
28.5 Middle East And Africa
28.5.1 Application
28.5.2 Market Size & Forecast
28.5.3 Automotive
28.5.4 Market Size & Forecast
28.5.5 Non-Automotive
28.5.6 Market Size & Forecast
28.6 Latin America
28.6.1 Application
28.6.2 Market Size & Forecast
28.6.3 Automotive
28.6.4 Market Size & Forecast
28.6.5 Non-Automotive
28.6.6 Market Size & Forecast
28.7 Application
28.7.1 Market Size & Forecast (Value)
28.7.2 Market Size & Forecast (Revenue %)
28.8 Automotive
28.8.1 Market Size & Forecast (Value)
28.8.2 Market Size & Forecast (Revenue %)
28.9 Non-Automotive
28.9.1 Market Size & Forecast (Value)
28.9.2 Market Size & Forecast (Revenue %)
28.10 Power Equipment By Operation
28.10.1 Market Size & Forecast (Value)
28.10.2 Market Size & Forecast (Revenue %)
28.11 Power Equipment By End User
28.11.1 Market Size & Forecast (Value)
28.11.2 Market Size & Forecast (Revenue %)
28.12 Marine Industry By Speed
28.12.1 Market Size & Forecast (Value)
28.12.2 Market Size & Forecast (Revenue %)

29 Appendix

29.1 Abbreviations

List Of Exhibits

Exhibit 1 Segmentation of Global Diesel Engine Market
Exhibit 2 Market Size Calculation Approach 2019
Exhibit 3 Advantages of Diesel Engine
Exhibit 4 COVID-19 Impact on the Economy
Exhibit 5 Chinese Exports of Vehicle Parts ($ billion)
Exhibit 6 China Share in Global Economy 2004 & 2019
Exhibit 7 Impact of Growth in Hybrid Vehicle
Exhibit 8 Three Types of Hybrid-Diesel Engine Vehicle
Exhibit 9 Impact of Growth in the Non-Automotive Market
Exhibit 10 Non-Automotive Market Share in Key Geographies 2019 & 2025 (% Revenue)
Exhibit 11 CAGR by Key Geographies in Non-Automotive Sector Between 2019 & 2025
Exhibit 12 Impact of Rising Demand for Diesel Vehicles
Exhibit 13 Key Demand Highlights
Exhibit 14 Impact of Fuel Efficient than Petrol Engine
Exhibit 15 Impact of Competition from Alternative Energy Source
Exhibit 16 Impact of Stringent Regulations
Exhibit 17 Impact of Growing Electric Vehicle Market
Exhibit 18 Global Electric Light Vehicle Penetration Rate Between 2015 & Q1 2020 (%)
Exhibit 19 Incremental Growth in Diesel Engine Market by Regions ($ billion)
Exhibit 20 Market Share by Geography in Diesel Engine Market in 2019 & 2025 (%)
Exhibit 21 Global Diesel Engine Market 2019–2025 ($ billion)
Exhibit 22 Five Forces Analysis 2019
Exhibit 23 Incremental Growth by Application 2019 & 2025
Exhibit 24 Global Diesel Engine Market in Automotive Sector 2019–2025 ($ billion)
Exhibit 25 Incremental Growth by Automotive Industry 2019 & 2025
Exhibit 26 Global Heavy Vehicle Diesel Engine Market 2019-2025 ($ billion)
Exhibit 27 Global Light Passenger Vehicle Diesel Engine Market 2019-2025 ($ billion)
Exhibit 28 Global Passenger Car Production in 2018 and 2019 (million units)
Exhibit 29 New Passenger Cars by Fuel Type in EU from 2015-2018 (Approximate Values)
Exhibit 30 Global Light Commercial Vehicle Diesel Engine Market 2019-2025 ($ billion)
Exhibit 31 Global Diesel Engine Market in Non-Automotive Sector 2019–2025 ($ billion)
Exhibit 32 Incremental Growth by Non-automotive Industry 2019 & 2025
Exhibit 33 Key Insights in Construction Equipment Market
Exhibit 34 Global Diesel Engine Market by Construction Equipment 2019–2025 ($ billion)
Exhibit 35 Global Diesel Engine Market by Power Equipment 2019–2025 ($ billion)
Exhibit 36 Key Insights: Marine Industry
Exhibit 37 Global Diesel Engine Market by Marine Industry 2019–2025 ($ billion)
Exhibit 38 Maritime Tourism Snapshot
Exhibit 39 Global Diesel Engine Market by Agriculture Equipment 2019-2025 ($ billion)
Exhibit 40 Agriculture Industry Facts
Exhibit 41 Global Diesel Engine Market by Other Industries 2019–2025 ($ billion)
Exhibit 42 Incremental Growth by Operation 2019 & 2025
Exhibit 43 Global Diesel Engine Market by Peak Shaving Operation Equipment 2019–2025 ($ billion)
Exhibit 44 Global Diesel Engine Market by Prime Operation Equipment 2019–2025 ($ billion)
Exhibit 45 Global Diesel Engine Market by Stand-By Operation 2019–2025 ($ billion)
Exhibit 46 Incremental Growth by End User 2019 & 2025
Exhibit 47 Absolute Growth: Power Equipment Market Between 2019 & 2025 (%)
Exhibit 48 Key Demand Insights for Industrial Segment
Exhibit 49 Global Diesel Engine Market in Industrial Power Equipment 2019-2025 ($ billion)
Exhibit 50 Key Demand Insights for Commercial Segment
Exhibit 51 Global Diesel Engine Market in Commercial Power Equipment 2019–2025 ($ billion)
Exhibit 52 Global Diesel Engine Market in Residential Power Equipment 2019-2025 ($ billion)
Exhibit 53 Incremental Growth by Speed 2019 & 2025
Exhibit 54 Global Diesel Engine Market by Low Speed 2019–2025 ($ billion)
Exhibit 55 Global Diesel Engine Market by Medium Speed 2019–2025 ($ billion)
Exhibit 56 Global Diesel Engine Market by High Speed 2019–2025 ($ billion)
Exhibit 57 Incremental Growth by Geography 2019 & 2025
Exhibit 58 Share of Geographies in Diesel Engine Market 2019 & 2025 (Revenue %)
Exhibit 59 Absolute Growth Rate in APAC Diesel Engine Market Between 2020-2025 (%)
Exhibit 60 Diesel Engine Market in APAC 2019–2025 ($ billion)
Exhibit 61 Incremental Growth in APAC 2019 & 2025
Exhibit 62 Diesel Engine Market in China 2019–2025 ($ billion)
Exhibit 63 Diesel Engine Market in Japan 2019–2025 ($ billion)
Exhibit 64 Diesel Engine Market in India 2019–2025 ($ billion)
Exhibit 65 Share of Diesel Cars in India Between 2011-2020 (%)
Exhibit 66 Diesel Engine Market in South Korea 2019–2025 ($ billion)
Exhibit 67 Diesel Engine Market in Australia 2019–2025 ($ billion)
Exhibit 68 Absolute Growth Rate in Europe Diesel Engine Market Between 2020-2025 (%)
Exhibit 69 Diesel Engine Market in Europe 2019–2025 ($ billion)
Exhibit 70 Incremental Growth in Europe 2019 & 2025
Exhibit 71 Diesel Engine Market in Germany 2019–2025 ($ billion)
Exhibit 72 Diesel Engine Market in France2019–2025 ($ billion)
Exhibit 73 Diesel Car Registration in France Between Jan-Feb 2019 & 2020 (in volume)
Exhibit 74 Diesel Engine Market in UK 2019–2025 ($ billion)
Exhibit 75 New Car Registration in July 2020 in UK
Exhibit 76 Diesel Engine Market in Italy2019–2025 ($ billion)
Exhibit 77 Diesel Engine Market in Spain2019–2025 ($ billion)
Exhibit 78 Absolute Growth Rate in North America Diesel Engine Market Between 2020-2025 (%)
Exhibit 79 Diesel Engine Market in North America 2019–2025 ($ billion)
Exhibit 80 Incremental Growth in North America 2019 & 2025
Exhibit 81 Key Highlights
Exhibit 82 Diesel Engine Market in United States 2019–2025 ($ billion)
Exhibit 83 Diesel Engine Market in Canada 2019–2025 ($ billion)
Exhibit 84 Absolute Growth Rate in Middle East and Africa Diesel Engine Market Between 2020-2025 (%)
Exhibit 85 Diesel Engine Market in Middle East & Africa 2019–2025 ($ billion)
Exhibit 86 Incremental Growth in Middle East and Africa 2019 & 2025
Exhibit 87 Key Demand Highlights during 2020-2025 in Saudi Arabia Diesel Engine Market
Exhibit 88 Diesel Engine Market in Saudi Arabia 2019–2025 ($ billion)
Exhibit 89 Diesel Engine Market in Turkey 2019–2025 ($ billion)
Exhibit 90 Key Highlights
Exhibit 91 Diesel Engine Market in Egypt 2019–2025 ($ billion)
Exhibit 92 Diesel Engine Market in South Africa 2019–2025 ($ billion)
Exhibit 93 Absolute Growth Rate in Latin America Diesel Engine Market Between 2020-2025 (%)
Exhibit 94 Diesel Engine Market in Latin America 2019–2025 ($ billion)
Exhibit 95 Incremental Growth in Latin America 2019 & 2025
Exhibit 96 Diesel Engine Market in Mexico 2019–2025 ($ billion)
Exhibit 97 Diesel Engine Market in Brazil 2019–2025 ($ billion)
Exhibit 98 Diesel Engine Market in Chile 2019–2025 ($ billion)

List Of Tables

Table 1 Key Caveats
Table 2 Currency Conversion 2013-2019
Table 3 Comparison Between Natural Gas & Diesel
Table 4 Difference Between Electric Vehicle and Diesel Engine Vehicle
Table 5 Automotive Industry: Diesel Engine Market by Geography 2019-2025 ($ billion)
Table 6 Heavy Vehicles: Diesel Engine Market by Geography 2019-2025 ($ billion)
Table 7 Light Passenger Vehicles: Diesel Engine Market by Geography 2019-2025 ($ billion)
Table 8 Light Commercial Vehicles: Diesel Engine Market by Geography 2019-2025 ($ billion)
Table 9 Non-Automotive Industry: Diesel Engine Market by Geography 2019-2025 ($ billion)
Table 10 Construction Equipment: Diesel Engine Market by Geography 2019-2025 ($ million)
Table 11 Power Equipment: Diesel Engine Market by Geography 2019-2025 ($ million)
Table 12 Marine Industry: Diesel Engine Market by Geography 2019-2025 ($ million)
Table 13 Agriculture Equipment: Diesel Engine Market by Geography 2019-2025 ($ million)
Table 14 Other Non-Automotive Sectors: Diesel Engine Market by Geography 2019-2025 ($ million)
Table 15 Diesel Engine Market by Application in APAC 2019-2025 ($ billion)
Table 16 Diesel Engine Market by Automotive in APAC 2019-2025 ($ billion)
Table 17 Diesel Engine Market by Non-Automotive in APAC 2019-2025 ($ million)
Table 18 Diesel Engine Market by Application in Europe 2019-2025 ($ billion)
Table 19 Diesel Engine Market by Automotive in Europe 2019-2025 ($ billion)
Table 20 Diesel Engine Market by Non-Automotive in Europe 2019-2025 ($ million)
Table 21 Diesel Engine Market by Application in North America 2019-2025 ($ billion)
Table 22 Diesel Engine Market by Automotive in North America 2019-2025 ($ billion)
Table 23 Diesel Engine Market by Non-Automotive in North America 2019-2025 ($ million)
Table 24 Diesel Engine Market by Application in Middle East and Africa 2019-2025 ($ billion)
Table 25 Diesel Engine Market by Automotive in Middle East and Africa 2019-2025 ($ billion)
Table 26 Diesel Engine Market by Non-Automotive in Middle East and Africa 2019-2025 ($ million)
Table 27 Diesel Engine Market by Application in Latin America 2019-2025 ($ billion)
Table 28 Diesel Engine Market by Automotive in Latin America 2019-2025 ($ billion)
Table 29 Diesel Engine Market by Non-Automotive in Latin America 2019-2025 ($ million)
Table 30 Bosch: Major Product Offerings
Table 31 Caterpillar: Major Product Offerings
Table 32 CNH Industrial: Major Product Offerings
Table 33 Cummins: Major Product Offerings
Table 34 Daimler: Major Product Offerings
Table 35 John Deere: Major Product Offerings
Table 36 Volvo Group: Major Product Offerings
Table 37 Wärtsilä: Major Product Offerings
Table 38 Scania: Major Product Offerings
Table 39 Rolls Royce: Major Product Offerings
Table 40 General Motors: Major Product Offerings
Table 41 Deutz: Major Product Offerings
Table 42 Kubota: Major Product Offerings
Table 43 Navistar: Major Product Offerings
Table 44 Changchai: Major Product Offerings
Table 45 Anglo Belgian: Major Product Offerings
Table 46 Daihatsu: Major Product Offerings
Table 47 Detroit Diesel: Major Product Offerings
Table 48 Doosan Engine: Major Product Offerings
Table 49 IHI Power Systems: Major Product Offerings
Table 50 ISUZU Diesel: Major Product Offerings
Table 51 Lister Petter: Major Product Offerings
Table 52 MAN SE: Major Product Offerings
Table 53 Mitsubishi: Major Product Offerings
Table 54 Kawasaki Heavy Industries: Major Product Offerings
Table 55 Perkins: Major Product Offerings
Table 56 Shifeng: Major Product Offerings
Table 57 Weichai Dongli: Major Product Offerings
Table 58 Winterthur Gas & Diesel: Major Product Offerings
Table 59 Yanmar: Major Product Offerings
Table 60 Diesel Engine Market by Geography 2019-2025 ($ billion)
Table 61 Diesel Engine Market by Geography 2019-2025 (Revenue %)
Table 62 Diesel Engine Market by Application in APAC 2019-2025 ($ billion)
Table 63 Diesel Engine Market by Automotive in APAC 2019-2025 ($ billion)
Table 64 Diesel Engine Market by Non-Automotive in APAC 2019-2025 ($ million)
Table 65 Diesel Engine Market by Application in Europe 2019-2025 ($ billion)
Table 66 Diesel Engine Market by Automotive in Europe 2019-2025 ($ billion)
Table 67 Diesel Engine Market by Non-Automotive in Europe 2019-2025 ($ million)
Table 68 Diesel Engine Market by Application in North America 2019-2025 ($ billion)
Table 69 Diesel Engine Market by Automotive in North America 2019-2025 ($ billion)
Table 70 Diesel Engine Market by Non-Automotive in North America 2019-2025 ($ million)
Table 71 Diesel Engine Market by Application in Middle East & Africa 2019-2025 ($ billion)
Table 72 Diesel Engine Market by Automotive in Middle East & Africa 2019-2025 ($ billion)
Table 73 Diesel Engine Market by Non-Automotive in Middle East & Africa 2019-2025 ($ million)
Table 74 Diesel Engine Market by Application in Latin America 2019-2025 ($ billion)
Table 75 Diesel Engine Market by Automotive in Latin America 2019-2025 ($ billion)
Table 76 Diesel Engine Market by Non-Automotive in Latin America 2019-2025 ($ million)
Table 77 Diesel Engine Market by Application 2019-2025 ($ billion)
Table 78 Diesel Engine Market by Application 2019-2025 (Revenue %)
Table 79 Diesel Engine Market by Automotive Sector 2019-2025 ($ billion)
Table 80 Diesel Engine Market by Automotive Sector 2019-2025 (Revenue %)
Table 81 Diesel Engine Market by Non-Automotive Sector 2019-2025 ($ billion)
Table 82 Diesel Engine Market by Non-Automotive Sector 2019-2025 (Revenue %)
Table 83 Diesel Engine Market by Operation in Power Equipment 2019-2025 ($ billion)
Table 84 Diesel Engine Market by Operation in Power Equipment 2019-2025 (Revenue %)
Table 85 Diesel Engine Market by End User in Power Equipment 2019-2025 ($ billion)
Table 86 Diesel Engine Market by End User in Power Equipment 2019-2025 (Revenue %)
Table 87 Diesel Engine Market by Speed in Marine Industry 2019-2025 ($ billion)
Table 88 Diesel Engine Market by Speed in Marine Industry 2019-2025 (Revenue %)

(Video) Gas Generator Market 2025: Global Market Size, Equipment Share and Competitive Analysis

FAQs

What is the outlook for diesel cars? ›

The global diesel engine market reached a value of US$ 212.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 266.3 Billion by 2027, exhibiting a CAGR of 3.75% during 2022-2027.

Will diesel engines be phased out? ›

New models would be zero-emission in 2024, while diesel and gas drayage trucks must retire after 18 years to guarantee that they meet a zero-emission requirement by 2035. In addition, half of all new trucks purchased by state and local governments would be zero-emission in 2024, increasing to 100% by 2027.

Will diesel engines make a comeback? ›

Currently, EVs make sense for short-haul, return-to-base operations, and as terminal tractors. While EV technology will continue to develop, diesel-powered vehicles won't become extinct anytime soon.

What will happen to diesel cars after 2030? ›

Can I still buy a second-hand petrol or diesel car after 2030? Like the above, the ban only affects the sale of new vehicles, so you'll still be able to buy and sell used petrol or diesel cars after 2030. For the same reason, you'll also be able to buy and sell used hybrids after 2035, too.

Is it worth buying diesel in 2022? ›

Whether it's worth buying a diesel car in 2022 partly comes down to how you plan to use it. If you're mainly using the car for long journeys on the motorway, then a diesel could make sense. But, if you're just be making short trips across town, then buying a diesel car is unlikely to be the best choice.

Will diesel engines be banned? ›

Smaller and light-duty emissions-creating engines will not be sold after 2035, and heavy-duty gas and diesel engines will not be sold after 2040.

What will happen to diesel cars after 10 years? ›

But a diesel vehicle cannot ply in Delhi beyond 10 years in terms of court orders. However, NOC can be obtained for diesel vehicle beyond 10 years but less than 15 years for [other] states which have conveyed their concurrence for registration of such diesel vehicles.”

What will happen to diesel cars? ›

The petrol and diesel car ban only affects sales of new vehicles, so yes, you'll still be able to buy and sell used cars that are powered by combustion engines after 2030, and you'll also be able to buy and sell used hybrids after 2035.

Why did Volkswagen stop making diesel engines? ›

Volkswagen, however, decided to pull the plug on diesel engines in India as we transitioned into the stringent BS6 emission norms last April. The cost of after-treatment systems on diesels to clear the BS6 norms would have invariably driven up the prices, making little sense in small cars.

Will VW ever sell TDI again? ›

VW phased out diesel engines in the US and Canada after the automaker's diesel crisis in 2015, buying back tens of thousands of vehicles. VW has no timeframe for halting the sale of new diesel models, as demand is expected to remain in several regions. But expect EU legislation in the mid-2030s to end diesel sales.

Will Audi sell diesel again? ›

Audi's last combustion engine will also be the best it has ever built, said company CEO Markus Duesmann. German luxury carmaker Audi said Tuesday it will stop manufacturing diesel and petrol cars by 2033 as part of an industry-wide pivot towards more environmentally friendly electric cars.

How long will diesel engines be around? ›

However, diesel engines will operate continuously for an incredible 1,000,000-1,500,000 miles before requiring significant maintenance. In reality, a well-maintained diesel engine will last 30 years or more.

Will diesel cars depreciate faster? ›

According to figures released by valuations experts Cap HPI, based on a three-year-old car with 60,000 miles on the clock, the difference in depreciation levels between petrol and diesel models is marginal.

Should I buy petrol or diesel car in 2022? ›

Put simply, you should buy a diesel car if you regularly cover a lot of high-speed miles, i.e. a regular motorway commute rather than lots of short trips. Diesel cars give better fuel economy than their petrol counterparts, as well as offering more torque on tap for those who want to tow or the like.

Is diesel going to get cheaper? ›

The latest fuel prices, as of 17 October 2022, are 164.46p for petrol and 186.23p for diesel. However, while petrol prices are expected to be stable, diesel prices are predicted to rise.

Why is diesel so expensive? ›

U.S. refineries have long been optimized to produce gasoline, resulting in nearly 2 gallons of gasoline for every 1 gallon of diesel produced from a barrel of oil. As demand increases, pressures on available supply of diesel result in higher prices.

Why do diesel cars disappear? ›

One of the main reasons is the price gap between the rate of petrol and diesel. The share of diesel engine vehicles in the Indian motor market is decreasing and even some automakers have started discontinuing the making of their diesel variants.

Do diesel cars have a future? ›

The petrol and diesel car ban only affects sales of new vehicles, so yes, you'll still be able to buy and sell used cars that are powered by combustion engines after 2030, and you'll also be able to buy and sell used hybrids after 2035.

Should I buy a diesel car in Australia 2022? ›

Put simply, you should buy a diesel car if you regularly cover a lot of high-speed miles, i.e. a regular motorway commute rather than lots of short trips. Diesel cars give better fuel economy than their petrol counterparts, as well as offering more torque on tap for those who want to tow or the like.

What will happen to diesel cars after 10 years? ›

But a diesel vehicle cannot ply in Delhi beyond 10 years in terms of court orders. However, NOC can be obtained for diesel vehicle beyond 10 years but less than 15 years for [other] states which have conveyed their concurrence for registration of such diesel vehicles.”

Is it worth keeping a diesel car? ›

Diesel drivers know the benefits, primarily a far larger range than petrol (and certainly electric cars) because of much better fuel economy. If you drive a lot of motorway miles, diesels still make sense, and because of their better pulling power are best if you need to tow caravans or trailers.

Will diesel engines be banned? ›

Smaller and light-duty emissions-creating engines will not be sold after 2035, and heavy-duty gas and diesel engines will not be sold after 2040.

What Year Will diesel cars be banned? ›

The ban on new petrol and diesel cars, which was originally planned for 2040, was brought forward by the government to 2030. By 2035, all new cars and vans will have to have zero emissions at the tail pipe.

Will diesel cars depreciate faster? ›

Consider diesel cars' depreciation

As diesel cars become cheaper, however, they could offer better value-for-money for buyers despite the extra surcharges and taxes.

How long will diesel engines be around? ›

However, diesel engines will operate continuously for an incredible 1,000,000-1,500,000 miles before requiring significant maintenance. In reality, a well-maintained diesel engine will last 30 years or more.

How long will diesel be around? ›

The 2035 date refers to the end of petrol and diesel new-car sales – referred to as to "start phasing out light internal combustion engine vehicles from 2035" – rather than used ones.

How long will a diesel engine last? ›

But an amazing fact is that diesel engines can run for 1,000,000-1,500,000 miles before needing any major diesel repairs. If kept well-maintained, a diesel engine can be driven for about 30 years or more.

Can diesel cars be converted to electric? ›

Yes, it is possible to convert a diesel or a petrol car into an electric car with the help of retrofitting.

What is the new rule on diesel cars? ›

The rule of the National Green Tribunal states that the use of 10-year-old diesel-powered and 15-year-old petrol-powered cars is not allowed in New Delhi.

Will old petrol cars be banned? ›

The Impact to Classic Motors. As a result, classic and retro cars should not be affected – the government is expected to consider vehicles over 40 years old as historic, which will enable them to continue to be used even in ultra-low emission zones.

What are the disadvantages of a diesel car? ›

Cons of diesel cars
  • Diesel cars tend to be more expensive to buy than similar petrol models.
  • Diesel fuel usually costs more.
  • Servicing can be more expensive, although you don't need to do it as often.
  • Insurance can be 10-15% higher. [ ...
  • Diesel cars produce a lot more NO2.
20 Feb 2018

Is diesel going to get cheaper? ›

The latest fuel prices, as of 17 October 2022, are 164.46p for petrol and 186.23p for diesel. However, while petrol prices are expected to be stable, diesel prices are predicted to rise.

Are people still buying diesel cars? ›

In 2012, diesel cars outsold petrol but in 2021, just 135,773 diesels were registered, compared with 762,103 fuelled by petrol. Sales of diesel plummeted 48.1% last year alone. Diesel car sales are now eclipsed by those of hybrid and pure-electric vehicles, even.

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