Automotive Engine Market

Automotive Engine Market Size, Share, Growth Analysis, By Placement Type(In-line Engine, V-type Engine), By Fuel Type(Gasoline, Diesel), By Vehicle Type(Passengers Car, Commercial Vehicle), By Regional(North America, Asia Pacific) - Industry Forecast 2024-2031


Report ID: UCMIG25AG2015 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Automotive Engine Market Insights

Market Overview:

The global automotive engine market was worth USD 94.8 billion in 2021 and is projected to expand at a CAGR of 2.5% from 2022 to 2030. The demand for automotive engines is directly dependent on the production of vehicles, including passenger cars and commercial vehicles. The increasing sales of vehicles, particularly in emerging economies, are driving the demand for automotive engines in the market.

Automotive Engine Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Automotive Retail by segment aggregation, the contribution of the Automotive Retail in Retailing and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Automotive Engine was estimated to be valued at US$ XX Mn in 2021.

The Automotive Engine Market is estimated to grow at a CAGR of XX% by 2028.

The Automotive Engine Market is segmented on the basis of Placement Type, Fuel Type, Vehicle Type, Regional.

Based on region, the Automotive Engine Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Automotive Engine Market 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.

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Automotive Engine Market

Product ID: UCMIG25AG2015

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