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Strong Development in Diesel Technologies as Diesel Engines Increase Penetration in the European Market.
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PR Newswire Europe
- Article date:
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March 30, 2005
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Copyright informationCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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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