Diesel Engines Market, By Type (Multi Cylinder and Single Cylinder), By End User (Automotive, Construction, Industrial/Power Generation, and Agriculture), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Description

Diesel Engines Market is estimated to be valued at USD 213.72 Bn in 2025 and is expected to reach USD 292.79 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.6% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 213.72 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	4.60%	2032 Value Projection:	USD 292.79 Bn

The market has seen a lot of growth in recent years because of the increasing demand for efficient and reliable power sources from different industries. Diesel engines offer high torque output and fuel efficiency. They are used in many sectors, including automotive, construction, agriculture, marine, and power generation. The market's expansion can be attributed to the rising need for heavy-duty vehicles, stringent emission regulations, and the growing emphasis on reducing fuel consumption and operational costs.

Market Dynamics

The global diesel engines market is influenced by several factors that shape its growth trajectory. Heavy-duty vehicles are seeing a lot of demand in the construction, mining, and transportation sectors. Diesel engines, with their high torque output and durability, are preferred for these applications. Additionally, the growing emphasis on fuel efficiency and the need to reduce operational costs have led to the adoption of advanced diesel engine technologies, such as common rail fuel injection systems and turbocharging. However, stringent emission regulations, particularly in developed regions like North America and Europe, may slow down the market growth. Standards such as Euro 6 and Tier 4 have necessitated the development of cleaner diesel engines, which can cost a lot and may also be technologically challenging. Also, the increasing adoption of electric vehicles and the development of alternative fuel technologies, such as natural gas and hydrogen fuel cells, limit the diesel engines market to some extent. Nevertheless, emerging markets, such as Asia Pacific and Latin America, show a lot of potential, where the demand for diesel engines is expected to grow due to infrastructure development and industrialization.

Key features of the study

This report provides an in-depth analysis of the global diesel engines market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global diesel engines market based on the following parameters: company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Cummins, Caterpillar, Volvo (Volvo Penta), Mercedes, MAN SE, Mitsubishi Heavy Industries, Deutz, Yanmar, Kubota, Weichai Power, Quanchai, Changchai, Yunnei Power, FAW, and Kohler
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global diesel engines market report caters to various stakeholders in this industry, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global diesel engines market

Market Segmentation

Type Insights (Revenue, USD Bn, 2020 - 2032)
- Multi Cylinder
- Single Cylinder
End User Insights (Revenue, USD Bn, 2020 - 2032)
- Automotive
- Construction
- Industrial/Power Generation
- Agriculture
Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Cummins
- Caterpillar
- Volvo (Volvo Penta)
- Mercedes
- MAN SE
- Mitsubishi Heavy Industries
- Deutz
- Yanmar
- Kubota
- Weichai Power
- Quanchai
- Changchai
- Yunnei Power
- FAW
- Kohler

Product Code: CMI8128

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Diesel Engines Market, By Type
- Global Diesel Engines Market, By End User
- Global Diesel Engines Market, By Region

3. Market Dynamics, Regulations, And Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends

4. Global Diesel Engines Market, By Type, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Multi Cylinder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Single Cylinder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

5. Global Diesel Engines Market, By End User, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Industrial/Power Generation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Agriculture
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

6. Global Diesel Engines Market, By Region, 2020 - 2032, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

7. Competitive Landscape

Cummins
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Caterpillar
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Volvo (Volvo Penta)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Mercedes
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
MAN SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Mitsubishi Heavy Industries
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Deutz
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Yanmar
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Kubota
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Weichai Power
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Quanchai
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Changchai
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Yunnei Power
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
FAW
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Kohler
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies

8. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

9. References and Research Methodology

References
Research Methodology
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