Understand the influence of COVID-19 on the Small Diesel Engine NonRoad Market with our analysts monitoring the situation across the globe.
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.
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.
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.
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.
The Small Diesel Engine (Non-Road) market was valued at 3420 Million US$ in 2018 and is projected to reach 3440 Million US$ by 2025, at a CAGR of 0.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Small Diesel Engine (Non-Road).
This report presents the worldwide Small Diesel Engine (Non-Road) market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Small Diesel Engine (Non-Road) Breakdown Data by Type
Small Diesel Engine (Non-Road) Breakdown Data by Application
Lawan and garden
Small Diesel Engine (Non-Road) Production by Region
Small Diesel Engine (Non-Road) Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Small Diesel Engine (Non-Road) status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Small Diesel Engine (Non-Road) manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers 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 Small Diesel Engine (Non-Road) :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Small Diesel Engine (Non-Road) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.