Clean Diesel Market is Estimated to Witness High Growth Owing to Stringent Emission Regulations

Market Overview:

Clean diesel refers to a technology used in diesel engines to substantially reduce emissions of nitrogen oxides and particulate matter in exhaust gas. Clean diesel engines are widely used in commercial vehicles, passenger cars and other off-road applications like agriculture and construction equipment.

Market Dynamics:

The clean diesel market is witnessing significant growth owing to stringent emission regulations implemented by regulatory bodies across the globe to curb air pollution. For instance, emission standards such as Euro 6, Bharat Stage VI in India and China 6 have imposed stringent limits on nitrogen oxides and particulate matter emissions. Additionally, growing demand for fuel-efficient and low emission vehicles is also contributing to the growth of the clean diesel market. Technologies such as selective catalytic reduction systems and diesel particulate filters have enabled diesel engines to meet stringent emission norms while maintaining fuel efficiency.

Stringent emission regulations driving demand for cleaner diesel vehicles

Several countries and regions around the world have introduced stringent emission regulations to curb air pollution. The European Union introduced its Euro 6 emission standards in 2014 that significantly reduce the emissions of harmful gases such as nitrogen oxides (NOx), hydrocarbons and particulate matter from diesel vehicles. Similar strict regulations such as BS VI in India and China 6 emission standards are forcing automakers to adopt new clean diesel technologies. This is driving heavy demand for cleaner diesel vehicles equipped with selective catalytic reduction systems, exhaust gas recirculation and diesel particulate filters.

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Key Players Covered In This Report:

CDTI, Volkswagen, BMW, Ford, Chevrolet, GMC, Nissan, Tetraneft Corporation, Spinelli International Company, Digable traders, and Camarona.

Market Segmentation:

By three part system components:

Fuel
Ultra low Sulphur diesel (ULSD)
Grade No. 1-D S15
Grade No. 2-D S15
Engine
Electronic controls
Common rail fuel injection
Electro hydraulic solenoids
Piezo crystal electric actuators
Hydraulically amplified common rail
CRI4
Variable injection timing
Improved combustion chamber configuration
Turbocharging
Effective Emission control
Diesel oxidation catalyst
Exhaust gas recirculation
Diesel particulate Filters
Selective catalyst reduction

By end-user

Agriculture
Transportation
Construction
Power generation
Mining
Public Safety
Others

Key Region/Countries are Classified as Follows:

The following section of the report offers valuable insights into different regions and the key players operating within each of them. To assess the growth of a specific region or country, economic, social, environmental, technological, and political factors have been carefully considered.

The section also provides readers with revenue and sales data for each region and country, gathered through comprehensive research. This information is intended to assist readers in determining the potential value of an investment in a particular region.

◘ North America (United States, Canada, and Mexico)
◘ Europe (Germany, France, UK, Russia, and Italy)
◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
◘ Latin America (Brazil, Argentina, Colombia,.)
◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Growing focus on fuel efficiency boosts sales of diesel cars

Diesel vehicles are known for their higher fuel efficiency compared to gasoline vehicles. With fuel prices fluctuating wildly globally, consumers are increasingly opting for diesel cars to save on fuel costs over the lifetime of the vehicle. Automakers are also developing new clean diesel technologies such as common rail direct injection and turbocharging to further improve the fuel efficiency of diesel cars without compromising performance. The economic and environmental benefits of clean diesel are driving its growing adoption, thereby boosting demand in the market.

High development costs of advanced emission control systems

The stringent emission norms around the world have forced automakers to equip diesel vehicles with advanced emission control technologies such as selective catalytic reduction systems, diesel oxidation catalysts, exhaust gas recirculation and diesel particulate filters. However, manufacturing and integrating these systems into diesel engines significantly increases vehicle development costs. The additional costs of these after-treatment systems are often passed on to customers, making clean diesel vehicles more expensive than their gasoline counterparts. This high upfront cost has negatively impacted clean diesel car sales to some extent.

Rising demand for diesel commercial vehicles

The stringent fuel efficiency norms are driving fleet operators to replace old commercial vehicles with new fuel-efficient models. Diesel engines provide higher torque and power density ideal for haulage applications compared to gasoline engines. However, the growing pollution levels from old commercial diesel vehicles is a concern. This presents an opportunity for clean diesel technology suppliers to collaborate with commercial vehicle OEMs to develop affordable clean diesel powertrains with advanced emission control systems. The growing e-commerce industry is also fueling demand for last-mile delivery vehicles, boosting the commercial vehicles market and clean diesel sales.

Growing electrification of diesel vehicles

With governments setting dates to phase out internal combustion engine vehicles, automakers are extensively electrifying their model lineups. Even diesel vehicles are undergoing electrification with developments such as hybrids and plug-in hybrids. Toyota announced plans for a new diesel-electric hybrid system for commercial vehicles. Daimler is testing a plug-in hybrid truck. Even fully electric diesel vehicles are under consideration. This trend reflects OEMs' and consumers' growing acceptance of hybrid and electric technologies incommercial vehicles to improve efficiency and meet tightening emissions regulations. Electrified clean diesel powertrains could become mainstream in the coming years.

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The qualitative data in this report aims on market dynamics, trends, and developments.
The report answers a number of crucial questions, including:

➥ Which companies dominate the global Clean diesel market ?
➥ What current trends will influence the market over the next few years?
➥ What are the market's opportunities, obstacles, and driving forces?
➥ What predictions for the future can help with strategic decision-making?
➥ What advantages does market research offer businesses?
➥ Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?
➥ What is the anticipated growth rate for the market economy globally?

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