Global Small Diesel Engine (Non-Road) Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2019–2028
The Small Diesel Engine (Non-Road) Market report has been segmented on the basis of product type, application, and region.
Global Small Diesel Engine (Non-Road) Market: Overview
“The Small Diesel Engine (Non-Road) Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
A small diesel engine (non-road) is one kind of diesel engine with low power. The small diesel engine is also known as a compression-ignition engine.
It is an internal combustion engine that uses the heat of compression for ignition purposes and burns the fuel that has been injected into the chamber of combustion.
Global Small Diesel Engine (Non-Road) Market: Dynamics
Increasing technological improvement in a small diesel engine (non-road) is expected to boost the demand for small diesel engine (non-road) and drives the growth of the global market over the forecast period.
In addition, increasing adoption of environment-friendly and energy-efficient technology in the small diesel engine (non-road) industry is also anticipated to bolster the growth of the global market over the forecast period.
However, the stringent rules and regulations by various governments and regulatory bodies are a key factor that may impede demand and restrain the growth of the global market over the forecast period.
Also, fluctuating prices and the limited availability of resources for crude oil may also hinder the growth of the global market to a certain extent.
Global Small Diesel Engine (Non-Road) Market: Segment Analysis
Among the product type, the water-cooled engine segment is expected to account for the significant growth in the global small diesel engine (non-road) market, owing to the increasing adoption of the water-based cooled engine due to features such as its less warm-up time as compared with the air-based cooled engine.
Among the application, the agriculture segment contributes a leading share in the global small diesel engine (non-road) market, due to the increasing demand for small engine diesel in the agriculture industry owing to easy transportation and compatibility.
Global Small Diesel Engine (Non-Road) Market: Region Analysis
The North American small diesel engine (non-road) market accounted for the leading revenue share in the global market due to the increasing adoption of the small diesel engine for various applications in countries in the region.
Europe is also contributing a significant share in terms of value in the global target market and is expected to register a moderate growth rate over the forecast period.
The market in the Asia Pacific is expected to register a significant growth rate in terms of revenue in the global market during the forecast period, owing to increasing awareness about the benefits of small diesel engines (non-road) in countries such as India, and China in the region.
Latin America and the Middle East and Africa are at a nascent stage in the global market and are anticipated to contribute a moderate share in the market during the next 10 years.
Global Small Diesel Engine (Non-Road) Market Segmentation:
Segmentation by Product Type:
- Water-cooled Engine
- Air-cooled Engine
- Oil-cooled Engine
Segmentation by Application:
- Lawn and garden
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- KUBOTA Corporation
- YANMAR CO., LTD.
- ISUZU MOTORS Germany GmbH
- John Deere
- Motorenfabrik Hatz
- Deutz Engines India Pvt Ltd
- Caterpillar Inc.
- Farymann Diesel Engines GmbH
- Cummins Inc.
- Changfa Group
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