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Global Diesel Engines Market for Non-Automotive Applications to Grow at a CAGR of 5.82% During the Period 2017 - 2021; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Diesel Engines Market for Non-Automotive Applications 2017 - 2021” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 02/22/2017 -- Report forecast the global diesel engines market for non-automotive applications to grow at a CAGR of 5.82 % during the period 2017-2021.

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.

The report covers the present scenario and the growth prospects of the global diesel engines market for non-automotive applications for 2017-2021. To calculate the market size, the report considers the demand for diesel engines from the non-automotive sector worldwide.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, improved fuel economy continues to be the most significant progress in diesel engine technology. Though many end-users prefer gasoline-powered equipment, diesel engines possess a solid end-user base in terms of the industrial sector as it considers fuel economy as an important parameter in owning a power backup equipment.

Further, the report states that the demand for alternative fuels such as natural gas whose combustion is comparatively cleaner and friendlier to the environment is increased due to stringent emission regulations. Thus, there has been a growing popularity of the use of natural gas as a substitute fuel for diesel, encouraging the engine manufacturers to incorporate their expertise and technology to develop engines that run on natural gas.

Global Diesel Engines Market for Non-Automotive Applications 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global diesel engines market for non-automotive applications: Caterpillar, Cummins, MAN, Mitsubishi Heavy Industries, and Wärtsilä

Other Prominent Vendors in the market are: Detroit Diesel, DEUTZ, Deere & Company, Daihatsu, Doosan Infracore, Fairbanks Morse Engine, GE Transportation, HATZ Diesel, Henan Diesel Engine, Kubota, Kawasaki, Kirloskar Oil Engines, Kohler, Liebherr, Lombardini, MEGATECH Power, MTU, Isuzu, JCB, Power Solutions International, Rolls-Royce, Scania, Volvo Penta, Yanmar, and Weichai Power

Market driver
- Diesel engine technology gaining momentum on technological advances
- For a full, detailed list, view our report

Market challenge
- Abundant supply of natural gas leading to growing popularity of gas engines
- For a full, detailed list, view our report

Market trend
- Volatile maritime environment impacting demand
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 86 pages and 29 Exhibits "Global Diesel Engines Market for Non-Automotive Applications 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-diesel-engines-market-non-automotive-applications-2017-2021

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