Diesel Engine Market Growth and Segment Forecasts to 2020

Technavio Announces the Publication of its Research Report – Global Diesel Engine Market 2016-2020

Technavio recognizes the following companies as the key players in the global diesel engine market: Caterpillar, Cummins, MAN, and Mitsubishi Heavy Industries.

Other Prominent Vendors in the market are: Detroit Diesel, Deutz, Fairbanks Morse, GE Transportation, HATZ Diesel, Henan Diesel Engine Industry, Henan Diesel Engine Industry¸ J C Bamford, Rolls-Royce, Volvo, and Wartsila.

Browse full report with TOC@ https://marketreportscenter.com/reports/349456/global-diesel-engine-market-2016-2020

Commenting on the report, an analyst from Technavio’s team said: “One of the key trends for market growth will be growing popularity of exhaust after-treatment technologies. The manufacturers use various combinations of prevailing technologies, such as diesel particulate filter (DPF), selective catalytic reduction (SCR), exhaust gas regeneration (EGR), and diesel oxidation catalyst (DOC). These technologies are known as after-treatment systems as they are mainly used to treat post-combustion exhaust gases. Incorporation of these systems into the machine requires complex changes in design, as the engine requires cooling along with quiet operation. Engines that incorporate these after-treatment systems use clean fuel as input and require fuel that has a low sulphur content.”

According to the report, rising demand for diesel vehicles will be a key driver for market growth. In 2014, ten million cars were sold globally. Diesel-based cars accounted for 20% of global car sales in 2014. Car sales in the US were dominated by the sales of petrol-based cars, whereas diesel cars were still falling in the niche segment of overall car sales. The sales of diesel cars in the US is expected to grow slowly in the coming years owing to the Volkswagen emission cheating scandal in which the company admitted to having installed software that is capable of cheating on emission tests in 11...