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Download Free sampleThe global Diesel Engines market was valued at 601.4 Million USD in 2021 and will grow with a CAGR of 2.21% from 2021 to 2027, based on Research newly published report.
The prime objective of Diesel Engines Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Diesel Engines Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Diesel engine, any internal-combustion engine in which air is compressed to a sufficiently high temperature to ignite diesel fuel injected into the cylinder, where combustion and expansion actuate a piston. It converts the chemical energy stored in the fuel into mechanical energy, which can be used to power freight trucks, large tractors, locomotives, and marine vessels. A limited number of automobiles also are diesel-powered, as are some electric-power generator sets.The industry development of diesel engine was largely affected by national industrial policies and environmental standards in recent few years. With stricter emission standards worldwide and backward emission technology, global consumption of diesel engines decreased slightly to 25.3 M units in 2016, the CAGR of global market from 2012-2017 is estimate -1.2%. What`s more, the price and gross margin also decreased during last few years.
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