Diesel engines are internal combustion engines that use diesel as a fuel. Another characteristic that distinguishes them is the use of compression ignition rather than spark ignition in gasoline-powered engines. Diesel-powered engines produce high torque, and thus, are suitable for construction and earthmoving equipment.
One of the latest trends gaining traction in this market is the development of hybrid vehicles. Hybrid vehicles are gaining traction as they provide improved productivity and are more efficient, resulting in increased cost savings. For instance, the hybrid hydraulic excavator has a swing framework that incorporates electric motors. It charges a capacitor by the power generated through swing deceleration. This power is then used to assist the hydraulic motor in swing acceleration. Another motor that is associated with hydraulic pumps adjusts to the measure of electric energy in the capacitor. It helps generate power and supports the engine. This way fuel utilization can be reduced. This increasing adoption of the hybrid vehicles is expected to support the growth of the global diesel engines for construction and earthmoving sector in the coming years.
The global diesel engines for construction and the earthmoving sector is highly consolidated due to the presence of few established players holding a major part of the market share. Increased investment in infrastructure development in many parts of the world and a rise in tourism development are some factors that are driving the construction industry across the globe. Manufacturers are increasingly focused on extending the line of construction equipment to meet the diversity of customer needs.
In this market study, analysts have estimated the APAC to dominate the diesel engines for construction and earthmoving sector during the forecast period. China is the largest market in Asia, followed by Japan and India. Rising urbanization and the government's initiatives under the thirteenth five-year plan are the key attributors to the growth of the diesel engines market for construction and earthmoving sector in the region.
In 2019, the market size of Diesel Engines for Construction and Earthmoving is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Diesel Engines for Construction and Earthmoving.
This report studies the global market size of Diesel Engines for Construction and Earthmoving, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Diesel Engines for Construction and Earthmoving production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Caterpillar
Cummins
JCB
Kubota Group
YANMAR
Ashok Leyland
Kirloskar Oil Engines
Doosan Infracore
Deere & Company
Kohler
Kobelco
Perkins
Volvo Construction Equipment
MTU
Honda
Komatsu
Weichai Holding Group
Guangxi Yuchai Machinery
MAN Engines
Shanghai Diesel Engine
YTO Group
DEUTZ
Isuzu Motors
Mahindra Heavy Engines
Greaves Cotton
Bharat Earth Movers Limited (BEML)
Market Segment by Product Type
Wheeled loader
Crawler excavator
Mini excavator
Backhoe loaders
Skid steer loaders
Market Segment by Application
Construction
Earthmoving
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Diesel Engines for Construction and Earthmoving status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Diesel Engines for Construction and Earthmoving manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Diesel Engines for Construction and Earthmoving are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Diesel Engines for Construction and Earthmoving. Industry analysis & Market Report on Diesel Engines for Construction and Earthmoving is a syndicated market report, published as Global (United States, European Union and China) Diesel Engines for Construction and Earthmoving Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Diesel Engines for Construction and Earthmoving market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.