Global Automotive Engine Market 2021-2025
Technavio has been monitoring the automotive engine market and it is poised to grow by 14.91 mn units during 2021-2025, decelerating at a CAGR of 3.69% during the forecast period. Our report on the automotive engine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high growth volume for the premium vehicle segment and improved vehicle performance owing to lower center of gravity and minimal engine vibrations driving the flat engine configuration. In addition, high growth volume for the premium vehicle segment is anticipated to boost the growth of the market as well.
The automotive engine market analysis includes the fuel type and arrangement of cylinder segments and geographic landscape.
Technavio's automotive engine market is segmented as below:
By Fuel Type
By Arrangement of Cylinder
- In-line engine
- V-type engine
- Flat engine
- North America
- South America
This study identifies the development of new engine technologies such as VDEs and Hybridsas one of the prime reasons driving the automotive engine market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on automotive engine market covers the following areas:
- Automotive engine market sizing
- Automotive engine market forecast
- Automotive engine market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive engine market vendors that include BMW AG, Cummins Inc., Daimler AG, Ford Motor Co., General Motors Co., Porsche Automobil Holding SE, Stellantis NV, Suzuki Motor Corp., Toyota Motor Corp., and Yamaha Corp. Also, the automotive engine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.Companies Mentioned
BMW AG, Cummins Inc., Daimler AG, Ford Motor Co., General Motors Co., Porsche Automobil Holding SE, Stellantis NV, Suzuki Motor Corp., Toyota Motor Corp., Yamaha Corp.