Diesel Power Engine Market to Reckon increasing valuation by the end of year 2023
Added: (Thu Jun 07 2018)
Pressbox (Press Release) -
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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Development in Infrastructure
High maintenance and operation cost
Hybrid power generation is growing
The major shares of the market come from 1-2 MW in Global Diesel Power Engine Market.
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Key Benefits for Stakeholders
Diesel Power Engine Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
Regulatory bodies, policy actors, and consumers.
Up to 0.5 MW
Above 5 MW
By Vertical Industry
Key Market Players
Yanmar Co. Ltd.
Man Diesel & Turbo SE
Mitsubishi Heavy Industries Ltd.
Rolls-Royce Power Systems AG
John Deere & Company
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