Quick Summary:
In the rapidly evolving global automotive arena, staying abreast of the latest industry trends is paramount. A worthwhile investment to put you ahead of the curve is our comprehensive “Global Automotive Engine Market” research report. Our detailed analysis unearths the market potential set to reach an impressive $467.9 Billion by 2030, and provides discerning insights into the shifting dynamics of both gasoline and diesel segments.
The report not only offers a thorough examination of the U.S. and Chinese markets, but also extends its scrutiny to other significant markets including Japan, Canada, Germany, and the burgeoning Asia-Pacific region. Featuring a vital competitive landscape view with over 52 notable companies, our research serves as a valuable tool for strategic business decision-making. With the added benefits of digital archive access, a collaborative research platform, and complimentary updates for a year, this report enriches your understanding of the future trajectory of the global automotive engine market.
Global Automotive Engine Market to Reach $467.9 Billion by 2030
The global market for Automotive Engine estimated at US$353.2 Billion in the year 2022, is projected to reach a revised size of US$467.9 Billion by 2030, growing at a CAGR of 3.6% over the analysis period 2022-2030. Gasoline, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$211.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Diesel segment is readjusted to a revised 3.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $96.2 Billion, While China is Forecast to Grow at 5.9% CAGR
The Automotive Engine market in the U.S. is estimated at US$96.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$94.1 Billion by the year 2030 trailing a CAGR of 5.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$61.5 Billion by the year 2030.Select Competitors (Total 52 Featured) -
- AB Volvo
- BMW Group (Bayerische Motoren Werke AG)
- Bugatti Automobiles S.A.S
- Cummins, Inc.
- Eicher Motors Ltd.
- Fiat SpA
- Ford Motor Company
- General Motors Company
- Honda Motor Co., Ltd.
- Hyundai Motor Company
- Jaguar Land Rover Limited
- MAHLE Powertrain Ltd
- Mercedes-Benz
- Mitsubishi Heavy Industries Ltd.
- Scania AB
- Suzuki Motor Corporation
- Toyota Motor Corporation
- Volkswagen Group
- Yamaha Motor Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Automotive Engine?
What is the growth rate of the Global Market for Automotive Engine?
What is the forecasted size of the Global Market for Automotive Engine?
Who are the key companies in the Global Market for Automotive Engine?
Report Attribute | Details |
---|---|
No. of Pages | 249 |
Published | November 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 353.2 Billion |
Forecasted Market Value ( USD | $ 467.9 Billion |
Compound Annual Growth Rate | 3.6% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- AB Volvo
- BMW Group (Bayerische Motoren Werke AG)
- Bugatti Automobiles S.A.S
- Cummins, Inc.
- Eicher Motors Ltd.
- Fiat SpA
- Ford Motor Company
- General Motors Company
- Honda Motor Co., Ltd.
- Hyundai Motor Company
- Jaguar Land Rover Limited
- MAHLE Powertrain Ltd
- Mercedes-Benz
- Mitsubishi Heavy Industries Ltd.
- Scania AB
- Suzuki Motor Corporation
- Toyota Motor Corporation
- Volkswagen Group
- Yamaha Motor Co., Ltd.