Press release
Global Forecast Market Growth Of Vehicle Engine And Engine Parts Manufacturing to 2020
Global vehicle engine and engine parts manufacturing market is currently in a very crucial phase of transformation. Low oil prices and increased economic activity because of a rise in disposable income drove the vehicle engine and engine parts manufacturing market. This trend was mainly driven by countries in Asia, South America, and Africa where a drastic growth in the automotive manufacturing sector led to increased demand for vehicle engine and engine parts. At the same time, rise in emission control regulations and automobile recalls affected growth of the vehicle engine and engine parts manufacturing market. In addition, expanding automotive industry in emerging countries, rising global population, and technological advancements will continue to help generate demand for vehicle engine and engine parts market in the future.
The market for vehicle engine and engine parts manufacturing reached a value of nearly $261 billion in 2016 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% to reach $324 billion by 2020.
The market for vehicle engine and engine parts manufacturing is marginally fragmented with a few large players and a number of smaller companies. Major players in the market are Cummins, MAHLE, DENSO Corporation, Delphi Automotive PLC, Federal Mogul Corporation, among others.
Vehicle engine parts accounted for the largest share of the market for vehicle engine and engine parts manufacturing in 2016 at REDACTED. The highest growth is projected to come from vehicle engines market,which is forecast to grow at a CAGR of REDACTED.
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Asia Pacific is the largest market for vehicle engine and engine parts manufacturing, accounting for REDACTED of the global market. It was followed by North America and Western Europe. Going forward, the Middle East is expected to witness the fastest growth in the vehicle engine and engine parts manufacturing market, estimated at a CAGR of REDACTED, followed by Asia Pacific, expected to grow at a CAGR of REDACTED.
China is the largest market in terms of value for vehicle engine and engine parts manufacturing. India and China are expected to have the fastest growth, growing at a CAGR of REDACTED and REDACTED, respectively.
The market is challenged by increasing environmental concern regarding the use of fossil fuel, reduction in free trade, and narrowing cost price gap over the forecast period."
"Report Scope:
This research report categorizes the vehicle engine and engine parts manufacturing market by type. Product type includes vehicle engines, and vehicle engine parts.
Report Includes:
- 93 data tables and 9 additional tables
- An overview of the global market for vehicle engines and engine parts manufacturing
- Analyses of global market trends, with data from 2012-2016, estimates for 2017 and projections of compound annual growth rates (CAGRs) through 2020
- Coverage about the manufacturing characteristics of vehicle engines and engine parts, and regional and country analysis
- Analysis of factors driving the growth of the industry, including technological advancements in engine manufacturing and rapid urbanization.
- A look at the latest market trends and restraints impacting the market and detailed comparison of the market with macro-economic factors and industry indicators
- Profiles of major players in the industry, including: Cummins Inc., MAHLE GmbH, Denso Corporation, Delphi Automotive PLC, Federal-Mogul Holdings LLC, General Motors Company, BMW AG"
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Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Vehicle Engines and Engine Parts Manufacturing Market Characteristics
Chapter 4 Vehicle Engines and Engine Parts Manufacturing Market Size and Growth
Historic Market Growth
Drivers of the Market
Restraints on the Market
Forecast Market Growth
Drivers of the Market
Restraints on the Market
Chapter 5 Vehicle Engines and Engine Parts Manufacturing Market Trends and Strategies
Growing Popularity of Turbocharged Petrol Engines
Advanced Emission Reduction Technologies
Cylinder Deactivation Systems for Fuel Efficiency
Chapter 6 PESTLE Analysis
Political
Government Push Towards Local Manufacturing
Development of Special Economic Zones
Government Policies Favoring Electric and Hydrogen Car Manufacturers
Political Instability Harming the Market
Economic
Growing Emerging Markets
Globalization
Social
Technological
Legal
Global Scams
Heavy Taxation and Duties
Stringent Regulations
Environmental
Chapter 7 Vehicle Engines and Engine Parts Manufacturing Market Segmentation
Global Vehicle Engines and Engine Parts Manufacturing Market, 2016, by Segment
Global Vehicle Engines and Engine Parts Manufacturing Market, 2012-2020, Historic and Forecast, by Segment
Vehicle Engines Market
Market Characteristics
Market Trends and Strategies
Vehicle Engine Parts Manufacturing
Market Characteristics
Market Trends and Strategies
Chapter 8 Vehicle Engines and Engine Parts Manufacturing Market Regional and Country Analysis
Global Vehicle Engines and Engine Parts Manufacturing Market, 2016, by Region
Global Vehicle Engines and Engine Parts Manufacturing Market, 2012-2020, Historic and Forecast, by Region
Global Vehicle Engines and Engine Parts Manufacturing Market Segmentation, by Region, 2016
Global Vehicle Engines and Engine Parts Manufacturing Market, by Country, 2016
Global Vehicle Engines and Engine Parts Manufacturing Market, Historic and Forecast, by Country, 20122020
Global Vehicle Engines and Engine Parts Manufacturing Market Segmentation, 2016, by Country
Chapter 9 Global Vehicle Engines and Engine Parts Manufacturing Market Comparison with Macro Economic Factors
Vehicle Engines and Engine Parts Manufacturing Market Size, Percentage Of GDP, Global
Vehicle Engines and Engine Parts Manufacturing Market Size, Percentage Of GDP, By Country
Per Capita Average Vehicle Engines and Engine Parts Manufacturing Market Expenditure, Global
Per Capita Average Vehicle Engines and Engine Parts Manufacturing Market Expenditure, by Country
Chapter 10 Vehicle Engines and Engine Parts Manufacturing Market Comparison with Industry Indicators
Global Vehicle Sales Market Size, 2016, by Country
Global Vehicle Production Market Size, 2016, By Country
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