Over the five years to 2016, revenue for the Global Automobile Engine and Parts Manufacturing industry is expected to rise. Emphasis on engine efficiency, rapid declines in commodity and gasoline prices and improving global economic conditions have induced growth from a low postrecessionary base. While global consumer tastes shift toward fuel efficiency and governments continue to tighten emission regulations, challenges and opportunities are present for manufacturers globally. Technological innovations in engines are expected over the next five years. Hybrid and alternative fuel vehicles will increase in popularity, which will change the type of engines required by motor vehicle manufacturers.
Companies in this industry manufacture and rebuild motor vehicle engines and engine parts. Engine varieties include gasoline and diesel as well as engines used in alternative fuel and hybrid electric vehicles.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.