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Strong Development in Diesel Technologies as Diesel Engines Increase Penetration in the European Market.

LONDON, March 30 /PRNewswire/ -- Diesel engine technologies have registered tremendous growth in recent years, driven by the increasing market share enjoyed by Diesel engines in Europe. Modern Diesel engines are being compelled to comply with various emission regulations and performance requirements that are helping drive the evolution of Diesel technologies from conventional to more radical and innovative ones.

Frost & Sullivan (http://transportation.frost.com) estimates the total European next-generation Diesel engine technologies market to be worth $6.34 billion in 2004. The market is forecast to increase at a compound annual growth rate (CAGR) of 3.6 per cent to ...

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