Press release
Vehicle Engine And Engine Parts Global Market Report 2024 - By Demand, Trends, Size, Share, And Analysis, Forecast To 2033
Vehicle Engine And Engine Parts Market
The vehicle engine and engine parts market size is expected to see strong growth in the next few years. It will grow to $590.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to electrification of vehicles, autonomous vehicles, lightweighting and fuel efficiency, 5g and connectivity, green energy and hydrogen. Major trends in the forecast period include advanced materials, hybrid powertrains, digitalization and iot, 3d printing and additive manufacturing, circular economy.
Market Overview -
The vehicle engine and engine parts are components that generate the power needed to propel a car or other vehicle.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=2747&type=smp
Global Vehicle Production Drives Growth In Vehicle Engine And Engine Parts Market
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 growth.
Competitive Landscape -
Major companies operating in the vehicle engine and engine parts market include Cummins Inc., Toyota Motor Corporation, DENSO Corporation, Delphi Technologies PLC, Federal-Mogul LLC, MAHLE GmbH, Bayerische Motoren Werke Aktiengesellschaft, General Motors Company, Volkswagen AG, Fiat Chrysler Automobiles N.V., Volkswagen Group, Daimler AG, Stellantis N.V., Hyundai Motor Group, Nissan Motor Co. Ltd., Subaru Corporation, Volvo Group, Caterpillar Inc., Navistar International Corporation, Deere & Company, MAN Truck & Bus SE, Scania AB, PACCAR Inc., Wärtsilä Corporation, Perkins Engines Company Limited, MTU Friedrichshafen GmbH, Isuzu Motors Limited, CNH Industrial N.V.
Declining Automobile Sales Restrict Growth In Vehicle Engine And Engine Parts Market
Declining sales in the automobile sector restrict the growth of the vehicle engine and engine parts market. The decline in demand for automobiles in various economies causes lower demand for new engines and engine parts manufacturers. According to the International Organization of Motor Vehicle Manufacturers, global car production fell by 16% in 2020. In India, the Society of Indian Automobile Manufacturers said, there was decline in passenger car sales from 1,541,866 in 2021 to 1,467,056 units in 2022.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/vehicle-engine-and-engine-parts-global-market-report
Key Segments -
The vehicle engine and engine parts market covered in this report is segmented -
1) By Product Type: Vehicle Engines, Vehicle Engine Parts
2) By Fuel Type: Gasoline (Petrol), Diesel, Gas, Other Fuel Types
3) By Placement Type : In-line Engine, W Engine and V-Type
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model"
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Vehicle Engine And Engine Parts Global Market Report 2024 - By Demand, Trends, Size, Share, And Analysis, Forecast To 2033 here
News-ID: 3498669 • Views: …
More Releases from The Business research company
Global Factors Influencing the Rapid Evolution of the Robotic Flight Simulator S …
The robotic flight simulator surgery market is on the verge of significant expansion as advanced technologies continue to reshape surgical training and planning. Driven by increasing adoption of virtual reality and innovative simulation tools, this sector is set to experience considerable growth over the coming years. The following analysis explores the market's valuation, key contributors, evolving trends, and the segmentation landscape.
Projected Market Size and Growth Trajectory of the Robotic Flight…
Leading Companies Consolidating Their Presence in the Responsible Artificial Int …
As artificial intelligence (AI) technologies continue to evolve and integrate deeply into business operations, the need for transparent and accountable AI practices has never been more critical. The responsible artificial intelligence (AI) reporting packs market is emerging as a vital sector dedicated to ensuring that AI systems are monitored, governed, and reported with rigor. Let's explore the expected growth, key players, industry trends, and market segments shaping this important field.
Projected…
Future Perspective: Key Trends Shaping the Regenerative Grid Simulator Market Up …
The regenerative grid simulator market is on track for significant expansion as technological advancements and increasing energy demands drive innovation. With rising focus on smart grids and electric vehicle infrastructure, this market is poised to transform energy testing and validation processes in the coming years. Here's an in-depth look at the market's size, key players, emerging trends, and major segments shaping its future.
Forecast and Market Size Growth in the Regenerative…
Analysis of Key Market Segments Driving the Quic-Enabled Content Delivery Networ …
The quic-enabled content delivery network edge industry is on track for remarkable expansion over the coming years. Driven by evolving digital needs and technological advancements, this market is set to transform how content is delivered and experienced globally. Let's explore its market size, key players, prevailing trends, and segment-specific forecasts to understand the future trajectory of this dynamic sector.
Projected Market Growth and Size of the Quic-Enable Content Delivery Network Edge…
More Releases for Engine
Global Vehicle Production Drives Growth In Vehicle Engine And Engine Parts Marke …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Vehicle Engine And Engine Parts Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the past few years, the market size for vehicle engines and engine parts has seen substantial growth. Predictions point to an increase from $459.63 billion in 2024 to $493.89 billion in…
Evolving Market Trends In The Vehicle Engine And Engine Parts Industry: Declinin …
The Vehicle Engine And Engine Parts Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Vehicle Engine And Engine Parts Market Size During the Forecast Period?
The vehicle engine and engine parts market has experienced substantial growth in recent years. It is expected…
What's Driving the Vehicle Engine And Engine Parts Market 2025-2034: Global Vehi …
What Are the Projections for the Size and Growth Rate of the Vehicle Engine And Engine Parts Market?
In recent times, the market size for vehicle engines and their parts has seen considerable growth. Projected growth indicates an increase from $459.63 billion in 2024 to $493.89 billion the following year, with a compound annual growth rate (CAGR) of 7.5%. Several factors contributed to this growth over the historical period, including the…
What's Driving the Vehicle Engine And Engine Parts Market 2025-2034: Global Vehi …
What Are the Projections for the Size and Growth Rate of the Vehicle Engine And Engine Parts Market?
In recent times, the market size for vehicle engines and their parts has seen considerable growth. Projected growth indicates an increase from $459.63 billion in 2024 to $493.89 billion the following year, with a compound annual growth rate (CAGR) of 7.5%. Several factors contributed to this growth over the historical period, including the…
Global Aero-engine Market Study 2019-2025 by Segment (Piston Engine, Gas Turbine …
MarketResearchNest Reports adds “Global Aero-engine Market Study 2015-2025, by Segment (Piston Engine, Gas Turbine Engine, Other Engine), by Market (Commercial Aircrafts, Military AircraftsGas Turbine Engine), by Company (Pratt & Whitney, GE, Rolls-Royce)” new report to its research database. The report spread across 67 pages with multiple tables and figures in it.
Snapshot
An aero-engine or aircraft engine is the component of the propulsion system for an aircraft that generates mechanical power.…
Aircraft Engine Fuel Systems Market Report 2018: Segmentation by Type (Jet Engin …
Global Aircraft Engine Fuel Systems market research report provides company profile for Triumph Group, GKN Plc, Honeywell International, Zodiac Aerospace, Meggitt, Eaton Corporation, Parker Hannifin, United Technologies and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to…
