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Vehicle Engine And Engine Parts Global Market 2023 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2032 | Cummins, Toyota Motor, Denso Corporation, Delphi Automotive PLC., Federal-Mogul Corporation
Vehicle Engine And Engine Parts Global Market
As per the Vehicle Engine And Engine Parts market report by The Business Research Company, the increasing manufacturing of automobiles is expected to drive the vehicle engine and engine parts market. Automobile manufactures use different engine components and engine parts for manufacturing a vehicle. According to statistics from the International Organization of Motor Vehicle Manufacturers, a Paris based international automobile trade association, the total number of vehicles produced globally, from January to September 2021 increased to 57.2 million units from 52.1 million units in 2020, during the same period. Therefore, the increasing production of vehicles around the world is expected to drive the vehicle engine and engine parts market.
The global vehicle engine and engine parts market size will grow from $401.40 billion in 2022 to $438.55 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global vehicle engine and engine parts market size is expected to grow to $600.27 billion in 2027 at a CAGR of 8.2%.
Read More On The Vehicle Engine And Engine Parts Market Report Here:
https://www.thebusinessresearchcompany.com/report/vehicle-engine-and-engine-parts-global-market-report
Major competitors in the Vehicle Engine And Engine Parts market include Cummins, Toyota Motor, Denso Corporation, Delphi Automotive PLC., Federal-Mogul Corporation, Mahle GmbH, BMW AG, General Motors, Volkswagen AG, and Fiat Automobiles SpA.
The Vehicle Engine And Engine Parts market is segmented -
• By Product Type: Vehicle Engines, Vehicle Engine Parts
• By Fuel Type: Gasoline (Petrol), Diesel, Gas, Other Fuel Types
• By Placement Type: In-line Engine, W Engine and V-Type
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Vehicle Engine And Engine Parts market.
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The vehicle engine and engine parts are components that generate the power needed to propel a car or other vehicle.
The Table Of Content For The Vehicle Engine And Engine Parts Market Include:
1. Executive Summary
2. Vehicle Engine And Engine Parts Market Characteristics
3. Vehicle Engine And Engine Parts Market Trends And Strategies
4. Vehicle Engine And Engine Parts Market - Macro Economic Scenario
5. Vehicle Engine And Engine Parts Market Size And Growth
………
28. Key Mergers And Acquisitions In The Vehicle Engine And Engine Parts Market
29. Vehicle Engine And Engine Parts Market Future Outlook and Potential Analysis
30. Appendix
The "Global Vehicle Engine And Engine Parts Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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