Diesel Power Engine Market-Size, Insights of Scope, Compound Annual Growth, Forecast to-2022(Trending Report)

Japan, Japan, Wed, 05 Jan 2022 05:34:28 / Comserve Inc. / -- The diesel power engine market is projected to reach USD 9.13 billion by 2022, at a CAGR of 3.78% from 2017 to 2022. Diesel power engines are used in various sectors such as industrial, commercial, and residential for standby, prime, continuous,

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

The diesel power engine market is projected to reach USD 9.13 billion by 2022, at a CAGR of 3.78% from 2017 to 2022. Diesel power engines are used in various sectors such as industrial, commercial, and residential for standby, prime, continuous, and peak shaving. Increasing demand for uninterrupted and reliable power supply, the growth of commercial infrastructure, rising demand for data centers and IT facilities, and rapid urbanization in developing countries are expected to drive the diesel power engine market. However, the growth of alternate sources of power generation may restrain the growth of the diesel power engine market.

‘The Industrial segment is expected to grow at the highest CAGR from 2017 to 2022."
The industrial segment is estimated to be the fastest-growing diesel power engine market, by end-user, from 2017 to 2022. The industrial segment includes power station, oil & gas, and others such as mining, chemical, and manufacturing. The growth of the industrial sector in Asia Pacific, South America, and the Middle East & Africa is expected to drive the diesel power engine market. The increased requirement of power generation in these regions is expected to drive the demand for diesel power engine.

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"The 1 MW–2 MW segment is expected to dominate the diesel power engine market from 2017 to 2022."
The 1 MW–2 MW segment is estimated to dominate the diesel power engine market in 2017. Diesel engines of this power rating are used in large residential areas, commercial buildings, universities, and industrial applications for standby and prime applications. Moreover, the growing urbanization and industrialization in regions such as Asia Pacific and the Middle East are expected to drive the growth of this market in the coming years.

"Asia Pacific: The largest market for diesel power engines"
Asia Pacific is estimated to be the largest market for diesel power engine in 2017, followed by North America and Europe. The market in Asia Pacific is driven by the increasing demand for reliable power supply, rising power generation capacity, and growth of the manufacturing and process industries in the region. The Asia Pacific market is projected to grow at the highest rate during the forecast period. China and India are estimated to be the largest markets for diesel power engine in the region. In addition, the diesel power engine market is expected to grow at a steady pace in Australia and South-East Asia. These factors are expected to boost the growth of the diesel power engine market in Asia Pacific.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-109294
The Final Report will cover the impact analysis of COVID-19 on this industry: Diesel Power Engine Market-Size, Insights of Scope, Compound Annual Growth, Forecast to-2022(Trending Report)

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The breakdown of primary interviews is as follows:
By Company Type: Tier 1- 45%, Tier 2- 35%, Tier 3- 20%
By Designation: C-Level- 15%, D-Level- 25%, Others- 60%
By Region: Asia Pacific- 40%, North America- 25%, Europe- 20%, Middle East & Africa- 10%, South America- 5%,

Research Coverage:
The report defines, describes, and forecasts the global diesel power engine market by operation, power rating, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market.

Why Buy this Report?
1. The report identifies and addresses the key markets for diesel power engine, which would help suppliers review the growth in the demand for the product.
2. The report helps solutions providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

TABLE OF CONTENTS

1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.3.1 MARKETS COVERED 14
1.3.2 REGIONAL SCOPE 14
1.3.3 YEARS CONSIDERED FOR THE STUDY 15
1.4 CURRENCY 15
1.5 STAKEHOLDERS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from secondary sources 17
2.1.2 PRIMARY DATA 18
2.1.2.1 Key data from primary sources 18
2.1.2.2 Key industry insights 19
2.1.2.3 Breakdown of primaries 19
2.2 MARKET SIZE ESTIMATION 20

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