Global North America Diesel Engine and Diesel Power Engine Market report published by Accurize Market Research forecast that the global market is expected to reach $46,389 Million by 2024; growing at a CAGR of 5.5% from 2017 to 2025. However, North America Diesel Power Engine Market is estimated to reach $2,604 Million by 2024; growing at a CAGR of 3.9% from 2017 to 2025.

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Development in the automobile sector, growing demand for heavy equipment, and expanding marine tourism across the globeto drive the growth of the market

Development in the automobile sector, growing demand for heavy equipment, and expanding marine tourism fuels the demand for the global North America diesel engine and diesel power engine market. Furthermore, increasing applications and rising investments in mining sector, and surgein demand for reliable and uninterrupted power also boosts the growth of the market.

Market Segmentation

The global North America diesel engine and diesel power engine market has been bifurcated on the basis ofpower rating, end-user, and country. Based on power rating, the market is segmented as UPTO 0.5 MW, 0.5 MW–1 MW, 1 MW–2 MW, 2 MW–5 MW, and ABOVE 5 MW. By end-user, the market is segmented as on-road diesel engine and off-road diesel engine. The on-road diesel engine market is further sub-segmented as light vehicles diesel engine, medium/heavy trucks diesel engine, and light trucks diesel engine. The off-road diesel engine market is bifurcated into agriculture equipment diesel engine, industrial/construction equipment diesel engine, and marine diesel engine. By geography the market is segmented into North America. North America is further bifurcated into U.S., Canada, and Mexico.

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Top players in the market

The key market players include Mitsubishi Heavy Industries, Ltd., AB Volvo, Caterpillar Inc., Komatsu Ltd., and GE Transportation, among others.