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

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected] 

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets