China Single Cylinder Diesel Engine Market: Future Forecast Indicates Impressive Growth Rate By 2027

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China Single Cylinder Diesel Engine Market Expected To Grow At A CAGR Of 3.42% From $ 1.40 Billion In 2020 To $ 1.83 Billion In 2028

NEW YORK, NY, USA, Nov 10, 2021 /EINPresswire.com/ – The Chinese single-cylinder diesel engine market is expected to reach $ 1.79 billion in 2027. Factors associated with market growth include adoption rate higher agricultural and non-road machinery; and remarkable growth in the construction sectors with their increasing implementation of the single-cylinder diesel engine.

The growing adoption of agricultural machinery in China and a favorable financing scenario for the agricultural sector are the main factors driving the demand for single-cylinder diesel engines in China. In addition, the agricultural sector is the second largest consumer in terms of value due to the high use of diesel engines in agricultural equipment.

Although a higher degree of growth of electric propulsion and ignition systems has been encountered in the country, a considerable number of consumers still prefer diesel propulsion systems due to their longer range and running time. , their inexpensive up-front cost, lower maintenance costs, and higher power output, among other preferred features.

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The impact of COVID-19:

The COVID-19 pandemic has undoubtedly jeopardized the growth of the industry at all times. Major players in the industry have faced alarming downturns and tend to adapt their strategies to meet their needs in this situation. The pandemic has had a significant impact on the automotive, agricultural machinery and construction equipment industries and most of the country’s multinational companies have adopted discounted product offerings as part of a marketing strategy by specialized channel. However, due to the increased focus on resuming all industry verticals to their previous status, considerable market development is expected in the coming years.

Other key findings from the report suggest

Guangdong Province is expected to grow at a CAGR of 0.8% throughout the forecast period, especially due to greater expansion of construction industries and smart city initiatives.
Based on engine type, the market is segmented into vertical cylinder, horizontal cylinder, water cooled evaporator, and 4 stroke. The horizontal jacks market is expected to reach USD 548.0 million in 2027, at a CAGR of 4.4% during the forecast period due to its wide use in agricultural machinery.
China is the Chinese leader in the production of single-cylinder diesel engines and is expected to account for more than 75% of production in 2019. APAC outside China held 16% of Chinese single-cylinder diesel engines. The country being an agriculture-intensive economy, accounts for more than 17% of the consumption market in the world, which represents about 17.6% of China’s consumption volume in 2019.
Heilongjiang holds the largest market share of 18.7% in 2019, with the growth rate of 4.3% during the forecast period. Factors such as the presence of many large manufacturers in the market, the emphasis on road development, construction carvings and industrialization are helping to propel the market demand in this region.
The main players in the market are Yanmar, Kubota, Kohler, Hatz, Greaves Cotton, Shifeng, Changchai, Changfa, Golden Fiying Fish Diesel, Changlin, Lifan, Juling, Sifang, Yuchai and Sichuan Xingming, among others.

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For the purpose of this study, reports and data segmented the market on the basis of engine type, combustion chamber, end-users, applications, and regional analysis.

Engine Type (Revenue, USD Million; 2017-2027)

Vertical cylinder
Horizontal cylinder
Evaporative water cooling
4 impacts

Combustion Chamber (Revenue, Million USD; 2017-2027)

Direct injection
Whirlpool

Applications (Revenue, USD Million; 2017-2027)

Automobile industry
Construction industry
Energy industry
Agricultural industry
Energy industry
Others

End Users (Revenue, USD Million; 2017-2027)

Tractor
Engineering machinery
Three-wheeled vehicle
Water pumps
Air compressors
Generator
Others

Regions (Revenue, USD Million; 2017-2027)

Guangdong
Sichuan
Heilongjiang
Shanghai
All other Chinese provinces

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Contents:

Chapter 1. Market synopsis
1.1. Market definition
1.2. Scope and premise of the research
1.3. Methodology
1.4. Market estimation technique
Chapter 2. Executive summary
2.1. Summary overview, 2019-2027
Chapter 3. Indicative metrics
Chapter 4. China Single Cylinder Diesel Engine Market Segmentation and Impact Analysis
4.1. China Single Cylinder Diesel Engine Market Materials Segmentation Analysis
4.2. Industrial outlook
4.2.1. Analysis of market indicators
4.2.2. Market driver analysis
4.2.2.1. Increased demand from the agricultural industry in emerging countries
4.2.3. Analysis of market constraints
4.2.3.1. Increased demand for electric vehicles
4.3. Technological insights
4.4. Regulatory framework
4.5. ETOP analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive metric space analysis
4.8. Price Trend Analysis …

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