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Internal combustion engines that utilize diesel as fuel are known as diesel engines, these engines are also known as compression ignition engines. Moreover, diesel engines are integrated in heavy vehicles owing to their capability to produce higher torque, as compared to that produced by gasoline or any other engine.

Demand for diesel engines is likely to decline during the forecast period, owing to rise in stringency of emission norms and increased emphasis by governing bodies on the production as well as adoption of hybrid and electric vehicles. Surge in pollution across the globe is a major issue that is likely to drive the adoption of electric vehicles. According to a study by the World Bank, higher pollution levels resulted in around 9 million premature deaths in 2016, and the air quality index of major industrial regions has been declining consistently. According to the World Health Organization, 9 out of 10 people are breathing air with high level of pollutants. Asia Pacific and Europe are facing the major issues regarding the quality of air due to emission of large amount of pollutants from manufacturing industries in these regions. Some organizations in the U.S., such as EPA (Environment Protection Agency) and Environmental Defense Fund (EDF), have estimated that one-third of the total air pollution is collectively contributed by vehicles running on the road.

Consequently, the production of the diesel engines is being minimized since 2014 in order to improve the air quality index and lower pollution levels. High maintenance and higher emission from diesel engines are key factors restraining the diesel engine market for automotive. Higher duties on diesel engines due to their higher weight increases the cost of these vehicles, which in turn, in some cases, is likely to hamper the diesel engine market for automotive.

The diesel engine market for automotive can be segmented based on engine type, vehicle, and region. In terms of engine type, the diesel engine market for automotive can be classified into hybrid and pure diesel engine. The pure diesel engine segment is likely to hold a major share of the diesel engine market for automotive; however, rising adoption of hybrid vehicles and diesel hybrids by few major OEMs, such as Volkswagen Group and BMW Group, in their performance series vehicles is likely to boost the hybrid diesel engine segment during the forecast period.

In terms of vehicle, the commercial vehicle segment is expected to hold a prominent share of the diesel engine market for automotive, owing to application of diesel engines in almost all heavy commercial vehicles and a large number of light commercial vehicles. Diesel engines are highly preferred in commercial vehicles, as most commercial vehicles prefer higher torque over speed.

In terms of region, Asia Pacific is likely to hold a notable share of the global diesel engine market for automotive, followed by Europe. Asia Pacific comprises major automotive manufacturing facilities, primarily located in China, Japan, and India, where Japan is a prominent manufacturer of heavy commercial vehicles. On the other hand, Europe is significantly reducing the production of diesel engines owing to the stringent emission norms in the region. In North America, most passenger vehicles incorporate gasoline engines, owing to the low cost of gasoline in the region, as compared to that of diesel. Flex fuel vehicles dominate the market in Latin America.

Key manufacturers operating in the global diesel engine market for automotive include Cummins Inc., Kubota Corporation, ISUZU MOTORS LIMITED, Yanmar Co., Ltd., and Fiat Powertrain Technologies S.p.A.

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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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Automotive Diesel Engine Market

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