Global Vehicle Diesel Engine Market Overview:
The diesel engine is CI engine or compression-ignition is basically an internal combustion engine in which the fuel ignition is caused by the elevated temperature of the air in the cylinder due to the compression in a mechanical way that means adiabatic compression. The Market of the vehicle diesel engine is growing due to the demand in production of vehicle and also there is a need for high torque and high power engines for the high end cars. While some of the factors like increased aftermarket cost and growing appearance of electric vehicles are hindering the market. Some of the key players profiled in the study are Steyr Motors (Austria), Dongfeng Chaoyang Diesel (China), Cummins (United States), DEUTZ (Germany), Perkins (United Kingdom), MAN (Germany), VOLVO (Sweden), MITSUBISHI (Japan), MTU (Germany) and Caterpiller (United States).
On the basis of geography, the market of Vehicle Diesel Engine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Purpose, the sub-segment i.e. Passenger will boost the Vehicle Diesel Engine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Vehicle Production
- Increasing Demand of High Torque and High Power Engines for High End Cars
- Necessity for Diesel-Efficient Vehicles
- Stringent Emission Regulations
- Increasing Demand for High-Grade Natural Rubber, With High Load Carrying Capacity Engines
- Higher Aftermarket Cost
- Increase in Demand for Electric Vehicle
- Fluctuating Diesel Prices and Trade Wars in the market
- Growing Demand for Engine Downsizing With High Engine Power and Fuel Efficiency
- Growing Automobile Production in Developing Economies
- Stringent Emission Norms to Reduce Carbon Footprints
- Increasing Popularity of Electric Vehicles
Target Audience:Manufacturers of Vehicle Diesel Engine, Dealers and Distributors of Vehicle Diesel Engine, Industry associations, Investment firms, Equity research firms and Private equity firms
Major Objectives Focused through this Study To define, describe, and forecast the Global Vehicle Diesel Engine market on the basis of product [Single-cylinder Vehicle Diesel Engine and Multi-cylinder Vehicle Diesel Engine] , application [Passenger Car, LCV, HCV and Two-Wheeler], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Vehicle Diesel Engine market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Vehicle Diesel Engine industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are EMD, WEICHAI, YUCHAI and QuanChai Group.
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Vehicle Diesel Engine market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.