Press release
Automotive Engine Market in Americas, APAC and EMEA Region 2017 to 2021
MarketResearchNest.com adds “Global Automotive Engine Market 2017-2021” new report to its research database. The report spread across 102 pages with table and figures in it.Research analysts forecast the global automotive engine market to grow at a CAGR of 3.00% during the period 2017-2021.
About Automotive Engine
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.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive engine market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Browse full table of contents and data tables at
https://www.marketresearchnest.com/global-automotive-engine-market-2017-2021.html
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Automotive Engine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio recognizes the following companies as the key players in the global automotive engine market: Cummins, General Motors, Fiat, Ford Motor Company, Toyota, and Volkswagen.
Other Prominent Vendors in the market are: BMW, Daimler Group, Honda, Hyundai, Mitsubishi Motors, PSA Group, Renault, Suzuki, and Volvo.
Commenting on the report, an analyst from Research team said: “One trend in the market is development of multi-fuel engines. Engines capable of running on two or more different fuels with similar effectiveness and emissions are called multi-fuel engines. Usually, multi-fuel engines work on the combination of wide variety of fuels ranges from diesel oil, crude oil to lighter oils such as gasoline. It should have a high compression ratio as gasoline has low cetane numbers.”
Order a Purchase Report Copy at https://www.marketresearchnest.com/purchase.php?reportid=269562
According to the report, one driver in the market is increase in engine downsizing. The power of an automobile is determined by its engine size. The number of liters displaced on the car piston with the engine cylinders was the basis of the design of the engine. There was a combination of improvements to the entire engine design to make it more efficient. The downsizing is one of those improvements, and use of turbochargers with compressor blades that reduce the delay in initial acceleration is another. Downsized turbocharged engines increase torque and reduce fuel consumption.
Further, the report states that one challenge in the market is high cost associated with new vehicle development. The development of new vehicle models involves the designing of new chassis and body, suspension, and control systems. The new models must be tested to validate if they meet the expected performance requirements, aerodynamics, and durability standards. Testing procedures incur high costs as they are conducted using prototypes and computers by using specific software. Significant investments are required to provide logistics of human resources and materials required for testing.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;
Enquiry before Buying at
https://www.marketresearchnest.com/enquirybuy.php?reportid=269562
About us:
MarketResearchNest.com is the most comprehensive collection of market research products and services on the Web. We offer reports from almost all top publishers and update our collection on daily basis to provide you with instant online access to the world’s most complete and recent database of expert insights on industries, organizations, products, and trends.
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Mr. Jeet Jain
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