Dublin, Oct. 06, 2020 (GLOBE NEWSWIRE) — The “Diesel Engine Market – Global Outlook and Forecast 2020-2025” report has been added to ResearchAndMarkets.com’s offering.
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Diesel Engine Market Report
The diesel engine market by revenue is expected to grow at a CAGR of 3% during the period 2019-2025.
The global diesel engine market is expected to touch new growth heights on account of the development of new generation agriculture equipment, manufacturing, forestry, material processing, military, mining and utility vehicles, and locomotives and ships, which are expected to expand the usage of modern diesel engines. The sale of aftermarket diesel engine products is also likely to rise as the world’s stocks are increasing.
In addition, diesel models in industrializing countries with low strict emission requirements are expected to gain market shares. Several powerful diesel engines are expected to