Global Diesel Engine Market By Product, Market and Region, 5th Edition
Global demand for off-highway and other mobile equipment diesel engines is increasing at a strong pace, as agricultural, construction, forestry and mining equipment sales recover.
NEW YORK, June 6, 2017 /PRNewswire/ -- Also, advances in global motor vehicle demand will stimulate sales of automotive diesel engines during the 2015-2020 period.
Read the full report: http://www.reportlinker.com/p04895343/Global-Diesel-Engine-Market-By-Product-Market-and-Region-Edition.html
This study addresses the following questions and more:
- Which countries are projected to register the fastest diesel engine sales growth through 2020?
- Who are the leading producers of diesel engines?
- How has the Volkswagen emissions scandal affected the world diesel engine industry?
Developing Nations to Register the Strongest Growth
Market gains for diesel engines at the world level will be largely driven by growth in China and other developing nations, where production of motor vehicles, off-highway mobile machinery, and stationary equipment is expected to climb at a strong pace. The increasing use of more technologically advanced engines will contribute to gains in dollar terms as well.
Key Findings in the Global Diesel Engine Market Study
The Market for Off-Highway and Other Mobile Equipment Diesel Engines to Perform well through 2020
Global demand for off-highway and other mobile equipment diesel engines is forecast to climb at the market's fastest pace during the 2015-2020 period. World sales of agricultural, construction, and mining equipment have declined in recent years, global product demand is expected to recover, as world agricultural, construction, forestry and mining activity grows. In response, manufacturers will ramp up production, generating additional diesel engine demand.
The development of next generation agricultural, construction, forestry, material handling, military, mining, and utility equipment, and locomotives and ships will lead to an increase in the use of state-of-the-art diesel engines, adding to dollar gains. Also, as the world's stocks of these machines expands, sales of aftermarket diesel engine products will grow.
Demand for Motor Vehicle Diesel Engines to Increase Considerably
Multiple trends are expected to drive global demand for motor vehicle diesel engines. Global light and medium and heavy motor vehicle production is forecast to increase at a healthy pace between 2015 and 2020. In addition, diesel models are expected to capture market share from other types of light motor vehicles in a number of industrializing nations with less stringent emissions standards, such as Russia and Thailand.
Through 2020, a variety of high-end, better performing automotive diesel engines will be developed around the world, adding to market gains in value terms. For instance, numerous more efficient diesel engines that comply with the next generation of emissions regulations will also be developed going forward.
Study Coverage
This study presents historical data (2005, 2010, and 2015) as well as forecasts (2020 and 2025) by market (light motor vehicles, medium and heavy motor vehicles, off-highway and other mobile equipment, and stationary equipment) and product (complete diesel engines and parts).
This study also discusses the structure of the global diesel engine industry and presents diesel engines sales figures a number of the global industry leaders, including Bosch, Caterpillar, Cummins, Deere, DENSO, Komatsu, Mitsubishi Heavy Industries Peugeot, Renault, Toyota, and Volkswagen.
Read the full report: http://www.reportlinker.com/p04895343/Global-Diesel-Engine-Market-By-Product-Market-and-Region-Edition.html
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