Article: US DIESEL ENGINES & PARTS DEMAND TO INCREASE NEARLY 5% ANNUALLY THROUGH THE YEAR 2005.(U.S. demand for diesel engines projected to rise nearly 5% per year to $17.5 bn in 2005)(Brief Article)(Statistical Data Included)

Demand for diesel engines and parts in the US is projected to increase nearly 5 percent per year to $17.5 billion in 2005. Value gains will be propelled by technological innovations resulting from the rising emissions standards for diesel engines used in the US. Opportunities for growth will also be driven by demand for niche products such as power generation and mining equipment, as well as the further development of the light-duty trucks market. Growth will decelerate from the rate posted in 1995-2000 due to a slowing capital investment environment, which will limit shipments of construction, industrial and agricultural equipment. Additionally, demand will be restrained ...

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