Global Automotive Engine Market Size, Trends, and Growth Opportunity, By Placement (In-line Engine, V-type Engine, W Engine), By Fuel (Industrial, Commercial, Residential), By Vehicle Type (Passengers Car, Commercial Vehicle) By Region and forecast till 2027.
Global Automotive Engine Market
The size of the worldwide Automotive Engine market was estimated at USD 96.8 billion in 2021 and is projected to grow to USD 118.2 billion from 2022 to 2027 at a CAGR of 2.5%.
Car engines are created with the needs of real-world driving, improving torque curve shape and engine cycle processes. The market is expanding because of the rising demand for premium vehicles and strong engines.
Market Drivers
Increasing sales of passenger cars along with commercial vehicles and emerging economies act as the key factor for the growth of the market. Additionally, growing technologically advanced powered engines for improved vehicle performance and developing industrial infrastructure and growing energy demand boost the growth of the Automotive Engine market. The desire for high-performance and fuel-efficient vehicles among consumers is growing, and this demand, coupled with substantial innovations and prototypes from major automakers and OEMs, are all contributing factors to the market's expansion.
Market Restraints
Significant financial investments are required to create new technologies which restrict market growth. Additionally, increasing demand for electric automobiles hinders the growth of the market.
COVID-19 Impact on Global Automotive Engine Market
An outbreak of covid-19 impacted adversely as the lockdown imposed by the government leads to the shutdown of manufacturing units and disruption in the supply chain of semiconductors and as people are not stepping out of their homes due to fear of contracting the virus shows a negative impact on global Automotive Engine market.
Market Segmentation
The global Automotive Engine market is segmented based on Placement, Fuel, Vehicle type, and Region. Based on Placement it is segmented into In-line Engine, V-type Engine, and W Engine. Based on Fuel it is segmented into Gasoline, Diesel, and Other. Based on Vehicle type it is segmented into passenger cars, Commercial Vehicle. Based on Region it is segmented into North America, Europe, Asia Pacific, Latin America, and MEA.
Regional Analysis
The global Automotive Engine market is segmented into five regions North America, Europe, Asia Pacific, Latin America, and MEA. North America dominates the market due to rising infrastructure investment, and innovation in technologies with the increase in supply chain networks in this region. Asia Pacific has also witnessed a significant rise in the Automotive Engine market.
Key Players
This report lists several significant firms, including General Motors, Honda Motor Co. Ltd., Mercedes-Benz, Renault Group, Volkswagen AG, Ford Motor Company, Mitsubishi Heavy Industries Ltd, AB Volvo, Cummins Inc, and Fiat Automobiles S.p.A.
Market Taxonomy
By Placement Type
• In-line Engine
• V-type Engine
• W Engine
By Fuel Type
• Gasoline
• Diesel
• Other Fuel
By Vehicle Type
• Passengers Car
• Commercial Vehicle
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Automotive Engine Market?
• What will be the rate of growth from 2022 to 2027?
• Which segment/region will have the highest growth?
• What factors will influence/drive the market?
• What role do key players in the value chain play?
Global Automotive Engine Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Automotive Engine Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Automotive Engine Market ,By Placement Type
5.1 Y-o-Y Growth Comparison, By Placement Type
5.2 Global Automotive Engine Market Share Analysis, By Placement Type
5.3 Global Automotive Engine Market Size and Forecast, By Placement Type
5.3.1 In-line Engine
5.3.2 V-type Engine
5.3.3 W Engine
6 Global Automotive Engine Market, By Fuel Type
6.1 Y-o-Y Growth Comparison, By Fuel type
6.3 Global Automotive Engine Market Share Analysis, By Fuel type
6.3 Global Automotive Engine Market Size and Forecast, By Fuel type
6.3.1 Industrial
6.3.2 Commercial
6.3.3 Residential
7 Global Automotive Engine Market, By Vehicle Type
7.1 Y-o-Y Growth Comparison, By VehicleType
7.2 Global Automotive Engine Market Share Analysis, By VehicleType
7.3 Global Automotive Engine Market Size and Forecast, By VehicleType
7.3.1 Passengers Car
7.3.2 Commercial Vehicle
8 Global Automotive Engine Market , By Region
8.1 Global Automotive Engine Market Share Analysis, By Region
8.2 Global Automotive Engine Market Size and Forecast, By Region
9 North America Automotive Engine Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Automotive Engine Market Share Analysis, By Placement Type
9.3 North America Automotive Engine Market Size and Forecast, By Fuel
9.4 North America Automotive Engine Market Size and Forecast, By Vehicle
9.5 North America Automotive Engine Market Size and Forecast, By Country
9.5.1 U.S
9.5.2 Canada
9.5.3 Mexico
10 Europe Automotive Engine Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Automotive Engine Market Share Analysis, By Placement Type
10.3 Europe Automotive Engine Market Size and Forecast, By Fuel
10.4 Europe Automotive Engine Market Size and Forecast, By Vehicle
10.5 Europe Automotive Engine Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4Rest of Europe
11 Asia Pacific Automotive Engine Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia-Pacific Automotive Engine Market Size and Forecast, By Placement Type
11.3 Asia-Pacific Automotive Engine Market Size and Forecast, By Fuel
11.4 Asia-Pacific Automotive Engine Market Size and Forecast, By Vehicle
11.5 Asia-Pacific Automotive Engine Market Size and Forecast, By Country
11.6.1 China
11.6.2 Japan
11.6.3 India
11.6.4 Rest of Asia Pacific
12 Latin America Automotive Engine Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Automotive Engine Market Size and Forecast, By Placement Type
12.3 Latin America Automotive Engine Market Size and Forecast, By Fuel
12.4 Latin America Automotive Engine Market Size and Forecast, By Vehicle
12.5 Latin America Automotive Engine Market Size and Forecast, By Country
12.6.1 Brazil
12.6.2.Rest of Latin America
13 Middle East Automotive Engine Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Automotive Engine Market Share Analysis, By Placement Type
13.3 Middle East Automotive Engine Market Size and Forecast, By Fuel
13.4 Middle East Automotive Engine Market Size and Forecast, By Vehicle
13.5 Middle East Automotive Engine Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1. AB Volvo
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Cummins Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Fiat Automobiles S.p.A
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4. Volkswagen AG
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5. Ford Motor Company
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.6 Key Market Developments
15.5.6 Key Strategies
15.6. Mitsubishi Heavy Industries Ltd
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7. General Motors
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5Key Market Developments
15.7.6 Key Strategies
15.8. Honda Motor Co Ltd
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9. Mercedes-Benz
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5Key Market Developments
15.9.6 Key Strategies
15.10. Renault Group
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5Key Market Developments
15.10.6 Key Strategies
