Global Automobile Engine & Parts Manufacturing
Over the five years to 2018, 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 supported growth. Over the next five years, demand from emerging economies is expected to rebound, as incomes and employment have increased in many key markets. While global consumer tastes will continue to alternate between fuel efficiency and passenger space, governments have tightened regulations, which created challenges and opportunities for global manufacturers. However, a potential rise in interest rates and short-term lending in mature economies like the United States, may temper new vehicle sales and limit engine demand during this period.
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.
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