Global Small Diesel Engine (Non-Road) Market Growth 2019-2024

Small diesel engine (non-road) is one kind of diesel engines (also known as compression-ignition engine) with low power. A diesel engine is an internal combustion engine which uses the heat of compression to initiate ignition and burn the fuel that has been injected into the combustion chamber.

A small diesel engine (non-road) is the general term for a wide range of internal combustion engines used to power lawn mowers, generators, concrete mixers and many other machines that require independent power sources and are not used on the road.

The research group, after months of survey obtains the following conclusions:

1. Market size
The industry development on diesel engines has been limited through national industrial policies and environmental standards in terms of high energy consumption and serious pollution.
Global Small Diesel Engine (Non-Road) industry has maintained slow growth in recent years.
For the previous five years, the global consumption of Small Diesel Engine (Non-Road) has maintained 2.18% compound average growth rate. And in the subsequent five years, the market size will not be affected too much.

2. Price
Today, the price of Small Diesel Engine (Non-Road) is lower than past years. The reason for this downward trend of price is the development of technology and the price fluctuations of raw materials. In future, the price would go down continuously.

3. Players
Most of the Industries faced barrier to enter into the field and low profit margin, as a result, there are few manufacturing enterprises. And the majority plants have been located to China. China is the world's largest producer, and China production accounts for over 60% of the world.
Most Japanese, European and American companies have long history and world leading technology.

4. Technology
With technology, there is much room for improvement. And the technical improvements are the core of development of the industry. More energy-efficient and environment friendly are directions of development.

According to this study, over the next five years the Small Diesel Engine (Non-Road) market will register a 0.1% CAGR in terms of revenue, the global market size will reach US$ 3440 million by 2024, from US$ 3420 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Small Diesel Engine (Non-Road) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Small Diesel Engine (Non-Road) market by product type, application, key manufacturers and key regions and countries.

This study considers the Small Diesel Engine (Non-Road) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Water-cooled engine
Air-cooled engine
Oil-cooled engie
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Lawan and garden

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
John Deere
Changfa Group
Changgong Group
Jiangdong Group
Shifeng Group
Yuchai Group
Quanchai Power
Chongqing Goldenbow
Weichai Group
Fuzhou Suntom

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Small Diesel Engine (Non-Road) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Small Diesel Engine (Non-Road) market by identifying its various subsegments.
Focuses on the key global Small Diesel Engine (Non-Road) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Small Diesel Engine (Non-Road) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Small Diesel Engine (Non-Road) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.