Diesel Power Engine Global Market Report by Operation (Standby, Prime, and Peak Shaving), Rated Power (Up To 0.5 MW, 0.5–1 MW, 1–2 MW, 2–5 MW, and Above 5 MW), End-User (Industrial, Commercial, Residential) and By Region - Forecast to 2023.
Pune, India -- (SBWIRE) -- 07/26/2018 -- Market Overview:-
The diesel power engine market is projected to have a considerable number of developments over the forecast period owing to continuous technological advancement in energy sector coupled with growing power demand. The market is also expected to have high expansion activities by multinationals and well-established companies. Mergers and acquisition activities are expected to be seen over the forecast period with numerous contracts and agreements between top EPC and Government, across the globe.
The market for diesel power engine is expected to have many expansions over the forecast period due to continuous technological advancement in energy sector coupled with increased power demand. The diesel power engine market is also expected to have high development activities by conglomerates and well-established companies.
Industry Key Players:-
The key players of global diesel power engine market are Caterpillar Inc. (U.S.), Cummins, Inc. (U.S.), MAN SE (Germany), Rolls-Royce Holdings plc. (U.K.), Wärtsilä Corp (Finland), Mitsubishi Heavy Industries, Ltd. (Japan), Volvo Penta (Sweden), Hyundai Heavy Industries Co., Ltd. (South Korea), Doosan (South Korea), Yanmar Co., Ltd. (Japan), Kubota Corporation (Japan) and Kohler Co. (U.S.).
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Industry/ Innovation/ Related News:
October, 2017 – Cummins developed revolutionary new diesel engine for U.S. Army that to be lighter and more efficient.
August, 2017 – Mitsubishi Heavy Industries Engine & Turbocharger Ltd (MHIET) received an order for 147 units of diesel gensets, the core line-up in the company's diesel power plant offerings.
June, 2016 – Volvo Penta introduced D8 diesel engine and the new IPS15 propulsion system into the commercial marine market.
Global Diesel Power Engine Market Analysis:-
The global diesel power engine market is expected to witness a stagnation in growth during the forecast period. This is due to the considerable growth in the power sector with population boom along with the rise in energy demand in various regions. The growth is primarily attributed to the need for uninterruptible power by major end-user across all the regions. The Asia Pacific region is expected to grow at the highest CAGR from 2017 to 2022, wherein China was the largest country-level market, followed by India and Japan. The market in Asia Pacific is driven by the rise in demand for reliable power supply, rising power generation capacity, and the growth of the manufacturing and processing industries.
Major Point of TOC:-
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
4 Market Dynamics
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5 Global Diesel Power Engine Market, By Operation
5.1 Introduction
5.2 Standby
5.2.1 Market Estimates & Forecast, 2017-2023
5.2.2 Market Estimates & Forecast By Region, 2017-2023
5.3 Prime
5.3.1 Market Estimates & Forecast, 2017-2023
5.3.2 Market Estimates & Forecast By Region, 2017-2023
5.4 Peak Shaving
5.4.1 Market Estimates & Forecast, 2017-2023
5.4.2 Market Estimates & Forecast By Region, 2017-2023
Continued.....