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Advanced Technology and Growth of the Automotive Industry Will Drive the Automotive Engine Market

The global automotive engine market is projected to grow from USD 63.36 Billion in 2015 to USD 84.91 Billion by 2020, at a CAGR of 6.03%. Meanwhile, the global automotive engine mounts market is projected to grow from USD 3.62 Billion in 2015 to USD 4.93 Billion by 2020, registering a CAGR of 6.38% from 2015 to 2020. The growing demand for high-power engines for racing and the increasing demand for luxury cars are some of the key drivers fueling the growth of the global automotive engine market.

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Advanced Technology and Growth of the Automotive Industry Will Drive the Automotive Engine Market

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  1. Advanced Technology and Growth of the Automotive Industry Will Drive the Automotive Engine Market The report “Automotive Engine and Engine Mounts Market by Fuel Type (Gasoline, Diesel, Natural Gas, & Hybrid), Engine Size, Engine Type (L4, L6, V6, and V8), Engine Mounts, Vehicle Type (PC, LCV, HCV, and Two- Wheeler), & by Region - Global Trends & Forecast to 2020”, defines and segments the automotive engine market, with an analysis and forecast of the global market size, by volume and value. Browse 83 market tables and 55 figures spread through 151 pages and in-depth TOC on "Automotive Engine and Engine Mounts Market by Fuel Type (Gasoline, Diesel, Natural Gas, & Hybrid), Engine Size, Engine Type (L4, L6, V6, and V8), Engine Mounts, Vehicle Type (PC, LCV, HCV, and Two-Wheeler), & by Region - Global Trends & Forecast to 2020” https://www.marketsandmarkets.com/Market-Reports/automotive-engine-mounts-market-52372868.html Early buyers will receive 10% customization on reports. The global automotive engine market is projected to grow from USD 63.36 Billion in 2015 to USD 84.91 Billion by 2020, at a CAGR of 6.03%. Meanwhile, the global automotive engine mounts market is projected to grow from USD 3.62 Billion in 2015 to USD 4.93 Billion by 2020, registering a CAGR of 6.38% from 2015 to 2020. The growing demand for high-power engines for racing and the increasing demand for luxury cars are some of the key drivers fueling the growth of the global automotive engine market. The global automotive engine market is projected to grow at a CAGR of 6.03%, from USD 63.36 Billion in 2015 to USD 84.91 Billion by 2020, while the global engine mounts market is projected to grow at a CAGR of 6.38%, from USD 3.62 Billion in 2015 to USD 4.93 Billion by 2020. Asia-Pacific is the largest market for automotive engines, followed by North America and Europe. Market growth is fueled by the increasing vehicle production and the growing demand for high-torque, high-power engines for the racing and luxury segments. However, the increasing demand for electric vehicles and high R&D costs incurred when developing advanced technologies will likely hinder the growth of the market. The automotive engine market has been segmented on the basis of fuel type into gasoline, diesel, hybrid, and natural gas. The natural gas segment is set to grow at the highest CAGR during the forecast period, owing to the growing adoption of hybrid vehicles across the globe. However, the diesel segment is expected to account for the largest share, in terms of value, of the global automotive engine market in 2015. The automotive engine market has been segmented on the basis of engine type into L4, L6, V6, and V8 engines. Automotive L4 engines account for a larger market share than automotive V6 engines. This can be mainly attributed to the growing demand for high-power engines for racing. The Asia-Pacific region is estimated to account for the largest market share, in terms of value, in 2015. Technological advancements in automotive engines have led to the development of technology such as multi- fuel engines, turbocharger technology, variable valve technology (VVT), and common rail direct injection

  2. (CRDI), which can produce the high power and high torque required for luxury segment vehicles. OEMs are developing engines that are lightweight and able to produce high power; this will likely boost the demand for automotive engines, thereby driving the market for the same The research methodology used in the report involves various secondary sources, including paid databases and directories. Experts from related industries and suppliers have been interviewed to understand the future trends of the automotive engine market. The bottom-up approach has been used to estimate the market size, whereby country-wise vehicle sales statistics have been taken into account for each vehicle type. The average number of automotive engines that go into each vehicle category has been identified and multiplied by vehicle sale numbers to derive the country-level automotive engine volume to arrive at the market size, in terms of volume, for automotive engines. This country-wise market size, in terms of volume, for each vehicle type is then multiplied with the country-wise average of price (AOP) of automotive engines required for each application. This results in the country-wise market size, in terms of value. The summation of the country-wise market provides the regional market, and further summation of the regional market results in the global automotive engine market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=52372868 The automotive engine mounts market has also been segmented on the basis of vehicle type into passenger car, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). The passenger car segment is estimated to account for the largest share, in terms of volume, of the global engine mounts market in 2015. This can be credited to the increasing demand for high-grade natural rubber for engine mounts with high load- carrying capacity. Two-wheeler systems have been segmented on the basis of CC into 100CC, 101CC–150CC, 151CC–250CC, 251CC–500CC, and 501CC and above. The 101CC–150CC segment is estimated to account for the largest share, in terms of volume, of the global two-wheeler market in 2015. The improving economic conditions and standard of living in developing countries and the favorable demographics in the Asia-Pacific region are key factors propelling the growth of the two-wheeler engine market. Asia-Pacific: Key market for automotive engines Asia-Pacific is estimated to account for the largest share of the global automotive engine market in 2015. OEMs in Asia-Pacific have been focusing on developing technologically advanced automotive engines to produce high power and torque. The Asia-Pacific engine mounts market, in terms of value, is projected to grow at a promising CAGR during the forecast period. The North American region has been segmented into the U.S., Canada, and Mexico. North America is estimated to account for the second-largest share in the global automotive engine market in 2015. The report covers all the major players in the automotive engine market, including Mitsubishi Heavy Industries Ltd. (Japan), Cummins Inc. (U.S.), Fiat S.p.A. (Italy), MAHLE GmbH (Germany), and numerous local players.

  3. The report analyzes the automotive engine market, in terms of volume (million units) and value (USD million). It explains the qualitative and quantitative aspects of the market on the basis of region, engine type, fuel type, engine mount type, and vehicle type from 2015 to 2020. It also provides an overview of technical factors and other important aspects of the automotive engine market. Request Sample: https://www.marketsandmarkets.com/requestsample.asp?id=52372868 About MarketsandMarkets MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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