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Diesel power engine market to boost its value by year 2023 published by leading research firm

Energy Market Research

Diesel Power Engine Market by Type (Peak Shaving, Standby, Prime/Continuous) By Power (Up to 0.5 MW, 0.5-1 MW, 1-2 MW, 2-5 MW) By Vertical Industry (Commercial, Residential, Industrial).

Global Diesel Power Engine Market was valued at USD 8.05 Billion in the year 2017. Global Diesel Power Engine market is further estimated to grow at a CAGR of 4.84% from 2018 to 2023 to reach USD 10.69 Billion by the year 2023.

Asia-Pacific region holds the highest market share in 2017. At country level China, Japan and India are projected to grow at a strongly in the coming years.

Cummins Inc., Caterpillar Inc., Yanmar Co. Ltd., Man Diesel & Turbo SE, Tohatsu Corporation, Wartsila, Mitsubishi Heavy Industries Ltd., Rolls-Royce Power Systems AG, Brunswick Corporation, John Deere & Company, are some of the top players in the Global Diesel Power Engine market.

Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

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Drivers:

            Development in Infrastructure

Restraints:

           High maintenance and operation cost

Opportunities:

           Hybrid power generation is growing

Challenges:

          Government Regulation

          The major shares of the market come from 1-2 MW in Global Diesel Power Engine Market.

Key Benefits for Stakeholders

Diesel Power Engine Manufacturers, Distributors and Retailers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

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By Power

Up to 0.5 MW

0.5-1 MW

1-2 MW

2-5 MW

Above 5 MW

By Type

Peak Shaving

Standby

Prime/Continuous

By Vertical Industry

Commercial

Residential

Industrial

By Region

North America

Europe

Asia-Pacific

RoW

Key Market Players

Cummins Inc.

Caterpillar Inc.

Yanmar Co. Ltd.

Man Diesel & Turbo SE

Tohatsu Corporation

Wärtsilä

Mitsubishi Heavy Industries Ltd.

Rolls-Royce Power Systems AG

Brunswick Corporation

John Deere & Company

Read Report Overview with Full TOC @ bit.ly/2M44jYw

News From

Genesis Market InsightsGenesis Market Insights
Category: Market Research Publishers and RetailersCompany about: Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across the globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in-house data validation tools, ...
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