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Automotive Engine Industry

Automotive Engine Industry

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Automotive Engine Industry

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  1. Summary Global Automotive Engine Industry by placement (In-Line Engine and V-Type Engine), Vehicle type (Passenger, LCV, HCV), by Fuel (Gasoline, Diesel and Others) and by Region (North America, South America, Asia-Pacific, Europe, Africa and Middle East) – Forecast by 2022 Market Segmentation The most important factors enriching the growth of global Automotive Engine Industry include growing demand for technologically advanced powered engines for the better performance of vehicles, rigid fuel economy regulatory norms, and rising disposable income. The global Automotive Engine Industry has been segmented on the basis of fuel, placement, vehicle type, and lastly, region. The fuel-based segmentation segments this market into diesel, gasoline, and others. On the basis of placement, the market has been segmented into the in-line engine and V-type engine. By vehicle type, the market has been segmented into passenger vehicles, light commercial vehicle (LCV), heavy commercial vehicle (HCV). Passenger vehicles are owned by citizens and are for personal use. Commercial vehicles are used for business purposes. Regional Analysis The regional segmentation of the global Automotive Engine Industry segments the market into regional markets known as North America, Europe, Asia Pacific, and rest of the world. According to the report, Asia Pacific is the leading market and estimated to grow during the forecast period. Holding the biggest share in the global market, it is growing with good speed. The reasons for the market growth in this region include rapid expansion in the automotive industry of the developing nations, and original equipment manufacturer (OEM) developing technologically advanced powered engines to gain high torque and performance. The most important country- specific markets in this region are China, India, and Japan, followed by the rest of the Asia Pacific region. Markets in North America and Europe are expected to show limited growth because the presence of long-established original equipment manufacturers has already been established in these regions. Therefore, a strong base for the robust development and growth of the Automotive Engine Industry can be seen. Many key players of this market are based in Europe and North America. In North America, the most important country-specific markets are the United States of America (USA) and Canada, followed by the rest of North America. The USA is the strongest economy in North America. In Europe, the significant country-specific markets are France, Germany, Italy, and the United Kingdom (UK), followed by the rest Of Europe. Key Players The key players in the global Automotive Engine Industry include AB Volvo (Sweden), Cummins Inc. (USA), Fiat S.PA. (Italy), Ford Motor Company (USA), General Motors (USA), Honda (Japan), Hyundai Motor Company (South Korea), Mitsubishi Heavy Industries (Japan), Scania AB (Sweden), and Volkswagen Group (Germany). Latest Industry News Mazda is set to launch its first Electric Vehicles (EV) in 2020 as part of its 'Sustainable Zoom-Zoom 2030' long-term technology development programme. These vehicles will have automotive engines. 2 OCT 2018 •

  2. Dacia has announced the release of a new range of automotive engines in the near future. 2 OCT 2018 Mazda has opened a new plant in Russia where automotive engines and its components would be manufactured. 26 SEP 2018. • • Access Full Report With TOC @ https://www.marketresearchfuture.com/reports/automotive-engine-market-2166 About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact: Market Research Future +1 646 845 9312 Email: sales@marketresearchfuture.com

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