Diesel Engine Market: Market Size, Trends and Growth Analysis

Trends, opportunities and forecast in diesel engine market to 2026 application (automotive and non-automotive), end use (industrial, commercial, and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Publisher: Lucintel Published: May 2026
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Diesel Engine Market: Market Size, Trends and Growth Analysis

Report Feature

The future of the global diesel engine market looks promising with opportunities in the industrial, commercial, and residential segments. The global diesel engine market is expected to grow with a CAGR of 4%-6% from 2021 to 2026. The major drivers for this market are growth in hybrid vehicles, high demand for diesel engines, and provide better fuel efficiency. 
 
Emerging trends, which have a direct impact on the dynamics of the industry, include rising energy demands from infrastructure growth, increase in adoption of electric cars, and increasing use of sophisticated technical engines. 
 
A total of 130 figures / charts and 104 tables are provided in this more than 150 page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global diesel engine market report, please download the report brochure.
 
diesel engine market


diesel engine market


diesel engine market


diesel engine market
 
 
The study includes trends and forecast for the global diesel engine market by application, end use, and region, as follows:
 
By Application [Value ($ Million) from 2015 to 2026]:
  • Automotive 
  • On-Road
  • Light Vehicles
  • Medium/Heavy Trucks
  • Light Trucks
  • Off-Road
  • Industrial/Construction Equipment
  • Agriculture Equipment
  • Marine Applications
  • Non-Automotive 
By End Use [Value ($ Million) from 2015 to 2026]:
  • Industrial
  • Commercial
  • Residential 
By Region [Value ($ Million) from 2015 to 2026]:
  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • Germany
  • United Kingdom
  • APAC
  • China
  • India
  • Japan
  • ROW
  • Middle East
  • Brazil
Some of the diesel engine companies profiled in this report include Cummins Inc., Kubota Corporation, ISUZU MOTORS LIMITED, Yanmar Co., Ltd., Continental AG, Rolls-Royce and Fiat Powertrain Technologies S.p.A. 
 
Lucintel forecasts that automotive will remain the largest segment, and it is also expected to witness the highest growth over the forecast period because diesel engines are more fuel efficient than petrol ones and the emission standards for diesel engines are higher than those for petrol.
 
Within the global diesel engine market, the industrial segment is expected to witness the highest growth over the forecast period due to economic development by governments and growth of oil, gas, construction, and other industries in developing countries.  
 
APAC is expected to remain the largest market and witness the highest growth over the forecast period due to the increased use of commercial vehicles in the industrial sector and growth in vehicle sales. 
 
 
Features of the Global Diesel engine Market
 
  • Market Size Estimates: Global diesel engine market size estimation in terms of value ($M) shipment.
  • Trend and Forecast Analysis: Market trends (2015-2021) and forecast (2021-2026) by various segments.
  • Segmentation Analysis: Global diesel engine market size by various segments, such as by application and end use in terms of value.
  • Regional Analysis: Global diesel engine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different by application, end use and regions for the global diesel engine market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global diesel engine market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
 
 
This report answers following 11 key questions
 
Q.1 What are some of the most promising growth opportunities for the global diesel engine market by application (automotive and non-automotive), end use (industrial, commercial, and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?
Q.5 What are the business risks and competitive threats in this market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 What are the new developments in the market and which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?
Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q.11 What M & A activity did occur in the last five years?
 


Report Scope
 
Key Features Description
Base Year for Estimation 2021
Trend Period
(Actual Estimates)
2015-2021
Forecast Period 2021-2026
Pages 210
Market Representation / Units Revenue in US $ Million
Regional Scope North America (USA, Mexico, and Canada), Europe (Germany and United Kingdom), Asia (China, Japan, and India), and ROW (Middle East and Brazil)
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling
Market segments Application (Automotive And Non-Automotive), End Use (Industrial, Commercial And Residential)
Customization 10% Customization without Any Additional Cost

Table of Contents

1. Executive Summary

Methodology

Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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