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.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | 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) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Growth Drivers
- Increasing Vehicle Production
- Increasing Demand of High Torque and High Power Engines for High End Cars
- Necessity for Diesel-Efficient Vehicles
- Stringent Emission Regulations
Roadblocks
- Higher Aftermarket Cost
- Increase in Demand for Electric Vehicle
- Fluctuating Diesel Prices and Trade Wars in the market
Opportunities
- Growing Demand for Engine Downsizing With High Engine Power and Fuel Efficiency
- Growing Automobile Production in Developing Economies
Challenges
- Stringent Emission Norms to Reduce Carbon Footprints
- Increasing Popularity of Electric Vehicles
Competitive Landscape:
Some of the key players profiled in the report 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). Additionally, following companies can also be profiled that are part of our coverage like EMD, WEICHAI, YUCHAI and QuanChai Group. Considering Market by Purpose, the sub-segment i.e. Passenger will boost the Vehicle Diesel Engine market.
What Can be Explored with the Vehicle Diesel Engine Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Vehicle Diesel Engine Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Vehicle Diesel Engine
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Vehicle Diesel Engine market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Vehicle Diesel Engine market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Vehicle Diesel Engine, Dealers and Distributors of Vehicle Diesel Engine, Industry associations, Investment firms, Equity research firms and Private equity firms.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.