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Article: US diesel engines demand to reach $16.3 billion in 2009.
- Article from:
- Research Studies - Freedonia Group
- Article date:
- May 22, 2004
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US demand for diesel engines and related aftermarket parts is forecast to increase 4.2 percent annually through 2009 to $16.3 billion, a substantial improvement over the performance registered during the 1999-2004 period, when key diesel engine markets such as heavy-duty trucks experienced sharp production declines. Gains will be driven in general by continued expansion of the US economy. These and other trends are presented in Diesel Engines, a new study from The Freedonia Group, Inc., a Cleveland-based industrial market research firm.
Although motor vehicle diesel engines will still comprise the largest product segment in 2009, off-highway diesel engines will ...