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Diesel engine demand to exceed $197 billion in 2015

06.01.2012  |  Thinnes, Billy,  Hydrocarbon Processing Staff, Houston, TX

Keywords: [diesel engine] [demand] [supply] [economics] [finance] [recession]

World demand for diesel engines is projected to grow 6.7% per year through 2015 to $197.5 billion (Table 1). 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 a new study from The Freedonia Group.


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