North America Automotive Engine Components Market Outlook, 2029

North America Automotive Engine Components Market Outlook, 2029

Tracing its roots back to the dawn of the automotive era, the North American region has played a pivotal role in shaping the Global automotive engine components industry. From the bustling factories of detroit, known as the ""motor city,"" to the high-tech manufacturing hubs scattered across the continent, this region has been at the forefront of innovation and engineering excellence. The culture of ingenuity and entrepreneurship that permeates North America has been a driving force behind the development of cutting-edge engine technologies, ensuring that vehicles remain efficient, powerful, and environmentally conscious. Geographically, the diverse landscapes of North America have influenced the design and performance requirements of engine components. The vast expanses of the american heartland, with their long stretches of highways and rugged terrains, have necessitated the development of robust and durable engines capable of withstanding the demands of long-distance travel. Conversely, the densely populated urban centers have driven the need for fuel-efficient and low-emission engines to combat air pollution and address environmental concerns. Sustainability has become a core focus for the automotive engine components industry in North America. Stringent emission regulations and heightened environmental awareness have prompted manufacturers to develop innovative solutions that balance performance with eco-friendliness. The adoption of advanced technologies, such as gasoline direct injection (gdi), turbocharging, and variable valve timing (vvt), has enabled automakers to produce engines that deliver superior power while minimizing fuel consumption and reducing harmful emissions. One notable example of sustainable engine components is the widespread use of aluminum in cylinder head and engine block construction. Compared to traditional cast iron, aluminum is lighter and more malleable, resulting in improved fuel efficiency and reduced carbon footprint. Companies like nemak, a leading producer of aluminum engine components based in Mexico, have been at the forefront of this trend, supplying major automakers with lightweight and environmentally friendly engine components. Ongoing trends in the North American automotive engine components industry revolve around electrification and connectivity. The rise of hybrid and electric vehicles has led to the development of innovative electric motors, battery management systems, and power electronics components. Companies like tesla, with its state-of-the -art gigafactory in nevada, are pioneering the production of advanced battery cells and electric powertrain components, revolutionizing the automotive industry.

According to the research report ""North America Automotive Engine Components Market Outlook, 2029,"" published by Bonafide research, the North America automotive engine components market was valued at more than USD 50 billion in 2023. The market encompasses a wide range of products essential for powering vehicles, including engines, transmissions, fuel systems, and exhaust systems. Manufacturers in North America are at the forefront of innovation, investing heavily in research and development to create cutting-edge engine components that meet evolving consumer demands and regulatory requirements. Innovations in materials, design, and technology play a pivotal role in shaping the automotive engine components market. Companies leverage advanced materials such as lightweight alloys, carbon fiber composites, and high-performance plastics to enhance durability, fuel efficiency, and overall vehicle performance. Moreover, developments in engine design, such as turbocharging, direct fuel injection, and variable valve timing, improve power output and reduce emissions, aligning with environmental regulations and consumer expectations for cleaner and more efficient vehicles. Similar to the food storage market, the automotive engine components sector in North America is highly competitive, with both established corporations and smaller-scale manufacturers vying for market share. Major players in the industry include general motors, ford motor company, fiat chrysler automobiles (fca), and toyota motor corporation, each known for their expertise in engine technology and innovation. Regulatory oversight by government agencies like the environmental protection agency (epa) and the national highway traffic safety administration (nhtsa) ensures that automotive engine components meet stringent emissions standards and safety regulations. This regulatory framework drives manufacturers to develop engine components that not only comply with existing regulations but also anticipate future requirements for sustainability and safety. Consumer preferences for fuel-efficient vehicles, enhanced performance, and advanced features also influence the automotive engine components market. Manufacturers respond by introducing hybrid and electric powertrains, intelligent engine management systems, and connectivity features that improve driving experience, efficiency, and convenience.
major drivers

• technological advancements and innovation:the automotive engine components market in North America is significantly driven by continuous technological advancements and innovations. With the push towards more fuel-efficient and environmentally friendly engines, manufacturers are investing in the development of advanced engine components such as turbochargers, direct fuel injection systems, and lightweight materials. These innovations are aimed at improving engine performance, reducing emissions, and enhancing fuel efficiency to meet stringent environmental regulations.
• robust automotive industry and aftermarket demand:the presence of a robust automotive industry with major oems (original equipment manufacturers) like ford, general motors, and tesla, as well as a thriving aftermarket sector, fuels the demand for automotive engine components. The high vehicle ownership rate and the trend of vehicle customization and performance enhancement drive the continuous need for replacement and upgraded engine parts.

major challenges

• Stringent emission regulations:one of the major challenges in the North American market is the stringent emission regulations imposed by agencies like the environmental protection agency (epa). Compliance with these regulations requires significant investments in research and development to produce components that reduce emissions and improve fuel efficiency, which can be costly for manufacturers.
• High production costs:the cost of manufacturing high-quality, advanced engine components is relatively high due to the need for precision engineering, advanced materials, and stringent quality control processes. These high production costs can be a barrier, especially for smaller manufacturers trying to compete with established players.

Market Trends

• Electrification and hybridization of powertrains:
• there is a growing trend towards the electrification and hybridization of vehicles, driven by the increasing focus on reducing carbon footprints and dependence on fossil fuels. This trend is leading to the development of hybrid engines and components that combine internal combustion engines with electric motors, enhancing overall efficiency and performance.
• Adoption of lightweight materials:the use of lightweight materials such as aluminum and composites in engine components is becoming more prevalent. These materials help reduce the overall weight of the vehicle, thereby improving fuel efficiency and reducing emissions. The trend towards lightweight construction is also driven by the need to meet stringent fuel economy standards.
Based on activity type segment market connecting rods are leading due to its internal combustion engine, transferring motion from the piston to the crankshaft

The demand for high-performance and fuel-efficient vehicles in North America has accelerated advancements in connecting rod technology. Manufacturers are investing heavily in research and development to create connecting rods that can withstand higher loads and stresses, improve fuel efficiency, and reduce emissions, all while maintaining durability. One reason connecting rods are leading in this market is their essential role in engine performance optimization. With the automotive industry’s shift towards producing more powerful yet fuel-efficient engines, there is a continuous need for robust and lightweight connecting rods. Materials like high-strength steel and advanced composites are being increasingly used to reduce the weight of connecting rods, thus enhancing the overall efficiency of the engine. This material innovation ensures that the engines can handle higher pressures and temperatures without compromising performance. The leadership of connecting rods in North America is also driven by advancements in manufacturing processes. Technologies such as powder metallurgy and precision forging have revolutionized the production of connecting rods. These processes allow for the creation of components with superior strength-to-weight ratios and improved fatigue resistance. Moreover, the integration of advanced simulation and testing technologies has played a crucial role in the development of connecting rods. Manufacturers now utilize computer-aided design (cad) and finite element analysis (fea) to optimize the design and performance of connecting rods. These tools help in predicting the behavior of connecting rods under various operational conditions, leading to more efficient and reliable designs. The ability to simulate real-world stresses and strains ensures that the final product meets the high standards required for modern engines. The market growth of connecting rods in North America is further supported by strategic collaborations and partnerships within the automotive industry. Companies are collaborating with research institutions and technology providers to innovate and stay ahead in the competitive market. For example, partnerships with material science experts have led to the development of new alloys and composites that enhance the performance characteristics of connecting rods.

Based on activity type segment market gasoline are leading due to its demand for gasoline engines in passenger cars and light-duty trucks

The gasoline engine components market in North America is well-established, with several major players operating in the region. Some of the leading suppliers of gasoline engine components in North America include delphi technologies, robert bosch gmbh, denso corporation, and federal-mogul corporation. These companies offer a wide range of products, such as fuel injectors, ignition coils, spark plugs, and engine control units, among others. One of the key trends in the North American gasoline engine components market is the increasing adoption of advanced technologies, such as direct fuel injection and turbocharging. These technologies help improve engine efficiency and performance while reducing emissions. For instance, direct fuel injection technology ensures precise fuel delivery to the engine, resulting in better fuel efficiency and lower emissions. Similarly, turbocharging helps increase engine power output without compromising on fuel economy. Another factor driving the growth of the gasoline engine components aftermarket in North America is the increasing average age of vehicles on the road. As vehicles age, their engine components require replacement, creating a significant demand for aftermarket parts. Aftermarket suppliers offer high-quality replacement parts at competitive prices, making the m an attractive option for consumers. Additionally, there is a growing trend of customization and modification of vehicles among consumers in North America. This has led to an increase in demand for aftermarket performance parts, such as high-performance air filters, exhaust systems, and superchargers, which enhance engine performance and provide a better driving experience.

Based on segments market passenger vehicles are leading due to its adaptability

Manufacturers are integrating advanced temperature regulating technologies with multi-zone control and air quality sensors to provide a comfortable driving experience even in extreme weather conditions. Safety is a crucial consideration in the North American automotive market, with an emphasis on features that address the region's unique driving challenges. For instance, advanced driver-assistance systems (adas) with automatic emergency braking, blind-spot detection and adaptive cruise control are becoming increasingly popular. Furthermore, features such as lane departure warning and forward collision warning are in high demand due to the prevalence of long highway drives the growing tech-savvy population in North America is driving up demand for electronic equipment in the automotive engine components market. Luxury automobile manufacturers are leading the way with technologies such as voice-activated infotainment systems and head-up displays that project critical information onto the windshield. These features cater to a younger generation of drivers seeking convenience and a modern driving experience. The demand for electronic equipment is not limited to the luxury segment, as affordable infotainment systems with smartphone integration and navigation functions tailored to the region's road networks are also becoming widespread. Manufacturers are also offering technologies such as remote engine start and heated steering wheels, which provide additional comfort in cold weather conditions. The popularity of pickup trucks and suvs in North America has an impact on electronics demand in the automotive engine components market. These vehicles are often equipped with advanced towing technologies, such as trailer sway control and backup cameras with trailer guidance. Additionally, innovations such as surround-view camera systems and parking sensors are becoming more common, assisting drivers in maneuvering large vehicles in tight spaces. Off-road capabilities are also important in this market, with features such as hill descent control and advanced suspension systems being sought after by consumers.

Based on segments market oem are leading due to its cutting-edge engine technologies

Embracing the power of connectivity, North American oems are harnessing the potential of smart engine management systems, which dynamically allocate power to various engine components based on real-time operational demands. This forward-thinking approach not only maximizes efficiency but also ensures optimal performance under diverse driving conditions. North American automotive manufacturers, as pioneers in the industry, are spearheading an exploration into cutting-edge engine technologies aimed at revolutionizing sustainability, safety, and environmental responsibility. Departing from conventional internal combustion engines, these manufacturers are blazing a trail towards innovative solutions that promise enhanced efficiency and reduced environmental impact. At the heart of their endeavors lies a concerted effort to integrate intelligent and interconnected systems designed to optimize engine performance while prioritizing safety and longevity. The integration of predictive maintenance systems and remote updates empowers oems to proactively address potential mechanical issues, minimizing downtime and enhancing the overall reliability of vehicle engines. North American manufacturers are leading the charge towards eco-conscious manufacturing practices. By embracing renewable energy sources, implementing stringent water conservation measures, and championing waste reduction and recycling initiatives, these oems are reshaping the automotive production landscape. These sustainability-focused initiatives not only reduce the environmental footprint of engine manufacturing but also drive cost efficiencies and promote resource optimization across the supply chain. Beyond their commitment to sustainability, North American oems are driving innovation and creating new opportunities within the automotive sector. This includes the establishment of state-of-the -art engine testing facilities, the expansion of remanufacturing and refurbishing services, and the development of comprehensive post-sales support networks.

Based on segments market ice are leading due to its technological prowess, and consumer preference

The established infrastructure supporting gasoline-powered vehicles, including an extensive network of fueling stations and robust supply chains, continues to bolster the prominence of ices. The widespread availability of gasoline as a fuel source, coupled with its relative affordability compared to alternative options, reinforces the appeal of ices among consumers. Additionally, the versatility and adaptability of ices across various vehicle types, from compact sedans to heavy-duty trucks, contribute to their enduring popularity and market dominance. Ices have undergone significant advancements in recent years, further solidifying their leadership position within North America's automotive landscape. Key developments include the integration of advanced technologies aimed at enhancing fuel efficiency, performance, and emissions control. For instance, innovations such as direct fuel injection, variable valve timing, and cylinder deactivation have enabled ices to deliver improved power output and responsiveness while simultaneously reducing fuel consumption and emissions. Moreover, the widespread adoption of turbocharging and downsizing strategies has enabled automakers to achieve a delicate balance between power and efficiency, catering to the diverse needs and preferences of consumers. The critical aspect driving the leadership of ices in North America is the ongoing evolution of hybrid and plug-in hybrid electric vehicles (hevs and phevs). While electrified powertrains have gained traction in recent years, ices continue to play a central role in hybrid vehicles, serving as a reliable and efficient means of propulsion alongside electric drivetrains. Theseamless integration of ices with electric motors and battery packs in hybrid configurations offers consumers the benefits of improved fuel economy, extended driving range, and reduced environmental impact without sacrificing the convenience and familiarity of traditional internal combustion technology. As such, the continued advancement and adoption of hybrid and plug-in hybrid vehicles further reinforce the dominance of ices within the North American automotive market.

Based on report market includes three major countries including united states, Canada and Mexico. United states is expected to dominate the North America automotive engine components market.

The US has a well-established automotive industry, which is one of the largest in the world. The presence of major automakers such as general motors, ford, and fiat chrysler, as well as numerous component suppliers, has created a robust ecosystem for the engine components market. This has resulted in a high demand for engine components, particularly for light-duty vehicles, which account for the majority of vehicle sales in the country. The us has a strong focus on research and development, with many companies investing in the development of advanced engine technologies. For example, general motors has developed a new 1.2l turbo engine that uses a variable valve timing system to improve fuel efficiency, while ford has developed a new 7.3l v8 engine with a high-output design for commercial vehicles. There is a growing trend towards electrification, with companies such as tesla leading the way in the development of electric powertrains. Us government has implemented supportive policies to promote the development and adoption of advanced engine technologies. For example, the corporate average fuel economy (cafe) standards require automakers to achieve certain fuel efficiency target, which has driven demand for engine components that can improve fuel efficiency. Additionally, the government provides funding for research and development in advanced vehicle technologies, such as the department of energy's vehicle technologies office. The us is also home to several key players in the engine components market, such as cummins inc., which is a leading manufacturer of diesel engines and related components. Cummins has been investing in the development of advanced engine technologies, such as its x15 efficiency series engine, which uses advanced combustion and turbocharging technologies to improve fuel efficiency.

• In January 2023, zf friedrichshafen ag unveiled a new electric power steering system, reducing fuel consumption and improving driving comfort.
• In October 2022, robert bosch gmbh launched a new line of high-pressure fuel injectors for diesel engines, improving fuel efficiency and reducing emissions.
• In April 2021, rheinmetall automotive ag announced a new lightweight piston design for gasoline engines, reducing weight and improving fuel efficiency.
• In January 2021, borgwarner inc. Unveiled its new ebooster electrically driven turbocharger, enabling improved engine performance and fuel efficiency in hybrid and electric vehicles.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Automotive Engine Components market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Engine components type
• Connecting rod
• Cylinder Head
• Flywheel
• Valves
• Pistons
• Engine Block
• Others

By Vehicle type
• Passenger Vehicles
• LCVs
• Two Wheelers

By Fuel type
• Gasoline
• Diesel
• Electric vehicles.

By Sales Channel
• OEM
• After Market

By Engine Type
• internal combustion engines (ICE)
• Electric engines.

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Automotive Engine Components industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.
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