News: Studies Predict Growing Global Demand for Diesel Engines and Agricultural Equipment

摘要

Two studies recently released from the Freedonia Group Inc., a Cleveland-based industry market research firm, predict growing global demand for diesel engines and agricultural equipment. World demand for diesel engines is projected to grow 6.7% per year through 2015 to $197.5 billion. Product sales will be driven by an increase in the production of motor vehicles, particularly medium and heavy trucks and buses. Value gains will also be fueled by the growing use of more technologically advanced, higher value products because of increasingly restrictive emission regulations in a number of regions. These and other trends are presented in World Diesel Engines, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.