Clean Diesel Market Emerging Trends, Consumer Behavior, and Competitive Strategies By 2024-2031 | CDTI, Volkswagen, BMW, Ford, Chevrolet

The Clean Diesel Market is estimated for 2024 for the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Clean diesel is a type of advanced combustion engine which enhances fuel efficiency and reduces emissions of particulate matter and nitrogen oxide as compared to conventional diesel engines. Clean diesel vehicles offer better mileage and performance.

Market Dynamics:

Clean diesel technologies are estimated to witness high demand driven by two major factors. Firstly, increasing stringency of emission standards across regions is compelling automakers to incorporate cleaner technologies in vehicles. Various countries and regions have implemented stricter emission norms such as Euro 6, Bharat Stage VI and China 6 which are driving adoption of clean diesel engines. Secondly, growing consumer preference for fuel efficient vehicles owing to rising fuel prices is also fueling the clean diesel market. Clean diesel engines enhance fuel efficiency by up to 15% as compared to regular diesel vehicles, making them attractive for transportation and logistics sectors.

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Top Key Players are Covered in this Report:

★ CDTI
★ Volkswagen
★ BMW
★ Ford
★ Chevrolet
★ GMC
★ Nissan
★ Tetraneft Corporation
★ Spinelli International Company
★ Digable traders
★ Camarona

Market Segmentation:

By Three Part System Components:

★ Fuel
★ Engine
★ Effective Emission control

By End-User:

★ Agriculture
★ Transportation
★ Construction
★ Power generation
★ Mining
★ Public Safety
★ Others

Key Region/Countries are Classified as Follows:

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

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Driver: Stringent emission norms worldwide driving demand for clean diesel technology

With growing concerns regarding vehicular pollution, emission norms across the globe have been getting progressively stringent over the years. Countries like USA, EU member nations, China, India and others have implemented emission standards like Euro 6, Bharat Stage VI etc which mandate significant reductions in particulate matter, nitrogen oxides and other harmful emissions from diesel vehicles. In order to comply with these evolving regulations, automakers have been forced to adopt advanced emission control technologies in diesel engines. Clean diesel technologies like selective catalytic reduction systems, diesel particulate filters etc help scrub out majority of pollutants from exhaust, bringing emissions well within prescribed limits. The tightening emission norms are a major growth driver for the clean diesel technology market as original equipment manufacturers focus on innovative solutions to meet tough emission norms while keeping costs in check.

Driver: Rising fuel efficiency demands augmenting clean diesel adoption

Along with curbing emissions, heightened emphasis on improving fuel efficiency of vehicles is another key factor propelling the clean diesel technology industry. With fuel costs accounting for a major share of total ownership cost of diesel vehicles, there is a growing push for advanced engine technologies that enhance fuel economy. Clean diesel technologies assist in reducing friction and improving combustion, allowing engines to extract more work from every drop of fuel. They help automakers comply with stringent Corporate Average Fuel Economy (CAFE) standards without compromising on performance. The push for higher mpg ratings is compelling automakers as well as consumers to increasingly opt for clean diesel variants of vehicles, thereby driving revenue growth of associated technology providers.

Restrain: High upfront cost of clean diesel technology hindering mass adoption

While clean diesel solutions are essential to meet current and imminent emission norms worldwide, their integration into engines significantly raises the manufacturing cost of vehicles. Technologies such as diesel particulate filters, selective catalytic reduction systems and exhaust gas recirculation valves are expensive to incorporate and add thousands of dollars to the production cost of diesel vehicles. This hike in upfront pricing poses a major challenge, as consumers have to bear higher acquisition costs. The additional expenditure acts as a deterrent for mainstream buyers, restricting large-scale adoption of cleaner diesel vehicles. It constrains automakers from rapid addition of clean diesel models across their portfolio as well. High initiation costs remain a key restraint area for widespread proliferation of clean diesel technology in the industry.

Opportunity: Growing electrification of diesel engines opening new growth avenues

With the automotive industry moving towards electrification, hybrid and full electric powertrains are being increasingly adopted across segments. However, diesel engines still have a long way to go before being completely replaced by zero-emission alternatives, especially in commercial vehicles. Manufacturers are now exploring options to introduce electrification into existing diesel engines as well, through technologies like electric turbochargers, integrated starter generators, and 48V mild hybridization. Such developments will help improve efficiency and reduce emissions from diesel engines, opening up new growth prospects for associated component providers. The trend presents lucrative opportunities for clean diesel technology vendors to develop innovative solutions catering to electrified diesel powertrains of the future.

Trends: Adoption of advanced aftertreatment systems gaining traction

One of the major technology advancements witnessed in the clean diesel industry has been the rising uptake of sophisticated exhaust aftertreatment systems. Solutions like selective catalytic reduction (SCR) coupled with diesel oxidation catalysts/diesel particulate filters are fast emerging as the norm for meeting stringent emission standards. There is also a growing focus on advanced SCR technologies that enable effective reduction of NOx at low exhaust temperatures through features like ammonia dosing control. On the commercial vehicles front, dual SCR configurations capable of treating NOx from both upstream and downstream sections of exhaust manifolds are gaining prominence. Such advanced aftertreatment designs involve complex engineering which is driving the need for specialized expertise. Their growing integration highlights positive industry trends boosting prospects of clean diesel technology manufacturers specializing in sophisticated aftertreatment solutions.

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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 Clean Diesel market economy globally?

Some of the Major Points of TOC cover:

Chapter 1: Techniques & Scope

1.1 Definition and forecast parameters
1.2 Methodology and forecast parameters
1.3 Information Sources

Chapter 2: Latest Trends Summary

2.1 Regional trends
2.2 Product trends
2.3 End-use trends
2.4 Business trends

Chapter 3: Industry Insights

3.1 Industry fragmentation
3.2 Industry landscape
3.3 Vendor matrix
3.4 Technological and Innovative Landscape

Chapter 4: Clean Diesel Market, By Region

Chapter 5: Company Profiles

5.1 Company Overview
5.2 Financial elements
5.3 Product Landscape
5.4 SWOT Analysis
5.5 Systematic Outlook

Chapter 6: Assumptions and Acronyms

Chapter 7: Research Methodology

Chapter 8: Contact (Continue . . .)

Contact Us

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About Us

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

This release was published on openPR.