Global Automotive Engine Market Size study, By Placement Type (In line engine, V type engine, W- engine), By Fuel Type (Gasoline, Diesel, Other Fuel), By Vehicle Type (Passenger Car, Commercial Vehicle), and Regional Forecasts 2022-2028

Global Automotive Engine Market Size study, By Placement Type (In line engine, V type engine, W- engine), By Fuel Type (Gasoline, Diesel, Other Fuel), By Vehicle Type (Passenger Car, Commercial Vehicle), and Regional Forecasts 2022-2028Global Automotive Engine Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. An Automotive Engine is considered a significant component of a vehicle. It is integrated to generate power for smooth and efficient functioning. It also helps in improving fuel efficiency and lowering car pollutants. The thriving growth of the automotive industry, rising sales of passenger cars & commercial vehicles, coupled with the rising inclination for high-performance and fuel-efficient vehicles and extensive developments are the chief factors excelling the global market demand. For instance, as per Statista analysis, the automotive industry generated a revenue of around USD 5,315 billion in 2017 and the amount is projected to grow and reach USD 8,931 billion by 2030. Accordingly, the development of the automotive industry is exhibiting a positive influence on the market growth across the globe. However, the growing adoption of electric cars and huge R&D costs involved in developing advanced technologies are hampering the market growth over the forecast period of 2022-2028. Also, the increasing disposable income and substantial development of the emerging markets are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Automotive Engine Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing investment in infrastructural development and existence of long-established original equipment manufacturers. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing availability of raw materials and cheap labor, as well as the growth of automotive industry, would create lucrative growth prospects for the Automotive Engine Market across the Asia-Pacific region.

Major market players included in this report are:

AB Volvo
Cummins Inc.
Fiat Automobiles S.p.A
Volkswagen AG
Ford Motor Company
Mitsubishi Heavy Industries, Ltd.
General Motors
Honda Motor Co., Ltd.
Mercedes-Benz
Renault Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Placement Type:
In line engine
V type engine
W- engine
By Fuel Type:
Gasoline
Diesel
Other Fuel
By Vehicle Type:
Passenger Car
Commercial Vehicle
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Automotive Engine Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


Companies Mentioned

AB Volvo
Cummins Inc.
Fiat Automobiles S.p.A
Volkswagen AG
Ford Motor Company
Mitsubishi Heavy Industries, Ltd.
General Motors
Honda Motor Co., Ltd.
Mercedes-Benz
Renault Group

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.