What is Small Diesel Engine Market?
Small Diesel engine is referred to an internal-combustion engine in which air is compressed to a necessarily high temperature to burn diesel fuel injected into the cylinder, where combustion, as well as expansion, actuate a piston. There are two types of a small diesel engine including a single cylinder and multi-cylinder. High demand in agriculture and construction industry will help to boost global small diesel engine.
The market study is being classified by Type (Single Cylinder and Multi Cylinder), by Application (Construction, Agriculture, Industrial and Other) and major geographies with country level break-up.
Yanmar (Japan), Kubota (Japan), Kohler (United States), Isuzu (Japan), John Deere (United States), Hatz (Germany), FIAT (Italy), DEUTZ (Germany), Caterpillar (United States) and Farymann (Germany) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Cummins (United States), Changfa Group (China), Changgong Group (China), Changchai (China), Jiangdong Group (China) and Yuchai Group (China).
The global small diesel engine market is highly fragmented due to the presence of many market players and the major players have used many strategies such as new product launches, expansions, joint ventures, partnerships, agreements, acquisitions, and others to rise their footprints as well as gain market share in this global market. Research Analyst at AMA predicts that Chinese Manufacturers will contribute to the maximum growth of Global Small Diesel Engine market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Small Diesel Engine market by Type, Application and Region.
On the basis of geography, the market of Small 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Demand for Energy-Efficient Small Diesel Engine
- Increasing Demand for End-Use Applications
Market Trend
- Growing Adoption from Construction Industry
Restraints
- Fluctuation in Diesel Prices
- Rising Concern Regarding Environmental Effects
Opportunities
- Growing Agriculture Development in Emerging Nations
- Due To Technological Developments, It Has Led To Several Innovations
Challenges
- Changing Government Regulation
On 23rd April 2018, Yanmar has launched two new high-power industrial diesel engines that produce up to 155kW. With the addition of these new engines, the 4TN101 and 4TN107, Yanmar’s lineup of diesel engines has extended, placing the company into the heart of the high-power diesel engine market.
Key Target Audience
Small Diesel Engine Manufacturers, Small Diesel Engine Distributors/Traders/Wholesalers, Small Diesel Engine Subcomponent Manufacturers, Industry Association, Downstream Vendors, Government Regulatory Bodies, Government and Private Research Organizations and Others