The Automotive Engine market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
An engine is a device that helps convert the chemical energy of fuel into mechanical energy to produce power. The internal combustion (IC) engine used in the automobiles is fueled by petrol, diesel, propane or natural gas.
The growth of the automotive engines is hindered with the rising demand for electric and hybrid vehicles. Among the types of the engine, in-line engines, which accounted for around 73% of the share in 2016 are the widely used engines in automobiles.
In the global Automotive Engine market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
Cummins
General Motors
Fiat
Ford Motor Company
Volkswagen
BMW
Daimler Group
Honda
Hyundai
Mitsubishi Motors
PSA Group
Renault
Suzuki
Volvo
Market Segment by Product Type
Petrol
Diesel
Propane
Hybrid
Others
Market Segment by Application
Passenger Cars
Commercial Vehicles
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Engine market for the forecast period 2020 - 2025?
• What are the driving forces in the Automotive Engine market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Engine industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?