Diesel engines offer better operational performance, which makes them a preferred choice over petrol engines. The market is predicted to experience high growth due to the rising demand for diesel engines from APAC. China, India, South Korea, Vietnam, Indonesia, and Japan are the key countries contributing to market growth in the region. These countries provide opportunities to global vendors to increase their market reach and establish their manufacturing plants to gain cost advantages.
Publisher’s analysts forecast the global diesel engines market for non-automotive applications to grow at a CAGR of 5.82 % during the period 2017-2021.
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Diesel as a fuel type dominates the overall generator market. Industrial generators have been depending on diesel as the most preferred fuel type owing to its low cost and easy availability. However, there is a growing trend toward the usage of natural gas and other alternative environment-friendly and non-diesel fuel sources. Despite this fact, diesel will continue to lead the fuel type segment for many years to come. The diesel engines available have modified combustion chambers that provide optimal combustion rates, better fuel economy, and lower emissions. Manufacturers are also coming up with several advancements and modifications in terms of fuel emission treatment methods and fuel composition.
– Mitsubishi Heavy Industries
Other prominent vendors
– Detroit Diesel
– Deere & Company
– Doosan Infracore
– Fairbanks Morse Engine
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– Diesel engine technology gaining momentum on technological advances
– Abundant supply of natural gas leading to growing popularity of gas engines
– Volatile maritime environment impacting demand
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
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