Global Automotive Engine Strategic Business Report 2023: Adoption of New Engine Technologies Drive the Market

DUBLIN, June 9, 2023 /PRNewswire/ -- The "Automotive Engine - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Automotive Engine estimated at US$353.2 Billion in the year 2022, is projected to reach a revised size of US$467.9 Billion by 2030, growing at a CAGR of 3.6% over the analysis period 2022-2030.

Gasoline, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$211.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Diesel segment is readjusted to a revised 3.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $96.2 Billion, While China is Forecast to Grow at 5.9% CAGR

The Automotive Engine market in the U.S. is estimated at US$96.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$94.1 Billion by the year 2030 trailing a CAGR of 5.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 3% respectively over the 2022-2030 period.

Within Europe, Germany is forecast to grow at approximately 2.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$61.5 Billion by the year 2030.

Select Competitors (Total 52 Featured) -

• AB Volvo
• BMW Group (Bayerische Motoren Werke AG)
• Bugatti Automobiles S.A.S
• Cummins, Inc.
• Eicher Motors Ltd.
• Fiat SpA
• Ford Motor Company
• General Motors Company
• Honda Motor Co., Ltd.
• Hyundai Motor Company
• Jaguar Land Rover Limited
• MAHLE Powertrain Ltd
• Mercedes-Benz
• Mitsubishi Heavy Industries Ltd.
• Scania AB
• Suzuki Motor Corporation
• Toyota Motor Corporation
• Volkswagen Group
• Yamaha Motor Co., Ltd.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Automotive Engine: An Industry Overview
• North American Automotive Engine Market: An Insight
• Asia-Pacific Leading the Automotive Engine Market
• Automotive Industry: An Insider
• Impact of Covid-19 and a Looming Global Recession
• Automotive Engine - Global Key Competitors Percentage Market Share in 2022 (E)
• Global Automotive Internal Combustion Engines Market: Percentage Breakdown of Volume Sales by Leading Players
• Global Automotive Engine Pistons Market: Percentage Breakdown of Volume Sales by Leading Players
• Global Automotive Engine Actuators Market: Percentage Breakdown of Volume Sales by Leading Players
• Global Engine Control Units (ECU) Market: Percentage Breakdown of Volume Sales by Leading Players
• Global Automotive Engine Emission Control System Market: Percentage Breakdown of Volume Sales by Leading Players
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Adoption of New Engine Technologies Drive the Market
• Rising Investments to Build Superior Emission Control Equipment: A New Trend among Manufacturers
• Engine Downsizing Regulations Plays a Major Role in Escalating the Market Demand
• Increase in Vehicle Production Drives Demand for Engines
• Global Automotive Market: Volume Production by Vehicle Type (In Million Units)
• Demand for High Power and High Torque Engines Propels the Market
• High Aftermarket Cost: A Major Constraint
• Higher Research & Development Costs for Engine and Engine Mounts Hampers the Market
• Rise in Demand for Electric Vehicles Slows Down Market Growth
• Strict Government Norms for Reducing Carbon Footprint: A Major Challenge
• PRODUCT OVERVIEW
• Automotive Engine: A Definition
• History
• Types of Engines

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/v474fk

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