Authored By: Sarah
06 Sep 2022

Automotive Engine Market 2021-2025: APAC to Dominate Market Growth

The automotive engine market share is likely to post an incremental growth of 14.91 million units, decelerating at a CAGR of 3.69% during the forecast period. Technavio's research provides a detailed analysis of the market segments and geographic landscape. It also offers insights into the various growth factors and challenges that are likely to have a negative impact on market growth. Unlock Free Sample Report

Automotive Engine Market 2021-2025: APAC to Dominate Market Growth

Automotive Engine Market: Market Segments and Growth Forecasts

The automotive engine market research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • The automotive engine market is segmented by fuel type (gasoline and diesel engine), arrangement of the cylinder (in-line engine, v-type engine, and flat engine), and geography (APAC, North America, Europe, South America, and MEA).
  • Based on the fuel type segmentation, the automotive engine market growth in the gasoline segment will be significant during the forecast period.
  • By geography, 40% of the market growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for automotive engines in APAC.
  • The automotive engine market report provides an accurate prediction of the contribution of all the geographic segments to the growth of the automotive engine market size.

Automotive Engine Market: Trends, Drivers, Challenges

  • High growth volume for the premium vehicle segment will be a significant factor in driving the growth of the Automotive Engine Market.
  • Improved vehicle performance owing to the lower center of gravity and minimal engine vibrations driving the flat engine configuration will be instrumental in driving the market growth during the forecast period.
  • The increasing popularity of electric vehicles is a hurdle that needs to be crossed on the path to success.

Automotive Engine Market: Vendor Analysis

The market is fragmented due to the presence of several players. BMW AG, Cummins Inc., Daimler AG, Ford Motor Co., General Motors Co., Porsche Automobil Holding SE, Stellantis NV, Suzuki Motor Corp., Toyota Motor Corp., and Yamaha Corp. are some of the major automotive engine market vendors.

Download the Free PDF Sample Report The custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will decelerate at a CAGR of 3.69%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by 14.91 million units.

     
  3. What is a key factor driving this market?
    High growth volume for the premium vehicle segment will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market?
    40% growth will originate from APAC.

     
  6. Who are the leading market vendors?
    The leading vendors in this market are BMW AG, Cummins Inc., Daimler AG, Ford Motor Co., General Motors Co., Porsche Automobil Holding SE, Stellantis NV, Suzuki Motor Corp., Toyota Motor Corp., and Yamaha Corp.
Read News Read Less
Interested in this report?
Get your sample now!
Technavio