Market research Future DIESEL POWER ENGINE MARKET SIZE, SHARE 2018 | Page 3

Diesel power engine market Research Report- Forecast to 2023
2 Market Overview
The market for diesel power engine is expected to have many expansions over the forecast period due to
continuous technological advancement in energy sector coupled with increased power demand. The diesel
power engine market is also expected to have high development activities by conglomerates and well-
established companies.
Diesel is an internal combustion engine, wherein air is compressed to an adequately high temperature to
burn diesel fuel introduced into the cylinder, and combustion and expansion trigger a piston. Diesel engine
converts the chemical energy stored in the fuel into mechanical energy, which can be used to power various
equipment at every end-user level.
Diesel power engines have a wide application in various sectors such as industrial, commercial, and
residential for standby, prime, continuous, and peak shaving. The growth in the number of data centres and
IT facilities, indicating urbanization in developing countries, is expected to boost the diesel engine market.
However, the rise of alternate sources of power generation such as renewable energy, may hinder the
growth of diesel power engine market.
Market Segmentation
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