ASEAN will become the world's fifth-largest automobile market by 2019, meanwhile Southeast Asia has seen growing demand of off-road machinery in infrastructure construction, agriculture, architectural engineering and mining engineering, regardless of equipment leasing or commercial transaction, so there is no doubt that Southeast Asia is a market with huge potential, which will provide market demand of diesel engine with more development space. Besides that, Southeast Asia market is eliminating and updating used equipment, so its diesel engine market is definitely entering a rapid development period. Looking from current supply and demand gap in Southeast Asia market and future market development, the gap will continue to be widened in the next few years. In such case, automakers, off-road machinery manufacturers, engine manufacturing enterprises and emission control manufacturers need to intensify energy conservation and emissions reduction technology R&D and increase investment in actual application, thoroughly understand policies and regulations as well as market environment of Southeast Asia nations, improve product innovation, enhance service and quality and meanwhile pay close attention to aftermarket development of Southeast Asia countries, so as to achieve long-standing and well-established business.
Based on the success of previous five diesel engine summits, 6th SE Asia & India Diesel and Automobile Powertrain Summit will focus on actual situation of diesel engine industry in Southeast Asia, discuss energy conservation and emission reduction policies and regulations that insiders are concerned about, fuel consumption standard, latest technology trends and future development trend, and share business model innovation hot spots. This will serve as the best communication platform for you to discuss multinational projects with high-level government officials, OEM manufacturers, industry leaders and experts.
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