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Straits Research projects that the Diesel Engine Market will reach USD 86.9 billion by 2033
GlobeNewswire·2025-01-29 14:10

The global diesel engine market size was valued at USD 50.4 billion in 2024 and is projected to grow from USD 53.6 billion in 2025 to reach USD 86.9 billion by 2033, growing at a CAGR of 6.22% during the forecast period (2025-2033).New York, United States, Jan. 29, 2025 (GLOBE NEWSWIRE) -- A diesel engine is an internal combustion engine that uses diesel fuel to generate power through the compression-ignition process. Unlike gasoline engines, which rely on spark plugs for ignition, diesel engines compress a ...