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Advanced Technology and Growth of the Automotive Industry Will Drive the Automotive Engine Market

The global automotive engine market is projected to grow from USD 63.36 Billion in 2015 to USD 84.91 Billion by 2020, at a CAGR of 6.03%. Meanwhile, the global automotive engine mounts market is projected to grow from USD 3.62 Billion in 2015 to USD 4.93 Billion by 2020, registering a CAGR of 6.38% from 2015 to 2020. The growing demand for high-power engines for racing and the increasing demand for luxury cars are some of the key drivers fueling the growth of the global automotive engine market.

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Advanced Technology and Growth of the Automotive Industry Will Drive the Automotive Engine Market

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  1. Automotive Engine and Engine Mounts Market by Fuel Type (Gasoline, Diesel, Natural Gas, & Hybrid), Engine Size, Engine Type (L4, L6, V6, and V8), Engine Mounts, Vehicle Type (PC, LCV, HCV, and Two-Wheeler), & by Region - Global Trends & Forecast to 2020 www.MarketsandMarkets.com

  2. The global automotive engine market is projected to grow at a CAGR of 6.03%, from USD 63.36 Billion in 2015 to USD 84.91 Billion by 2020, while the global engine mounts market is projected to grow at a CAGR of 6.38%, from USD 3.62 Billion in 2015 to USD 4.93 Billion by 2020. Asia-Pacific is the largest market for automotive engines, followed by North America and Europe. Market growth is fueled by the increasing vehicle production and the growing demand for high-torque, high-power engines for the racing and luxury segments. However, the increasing demand for electric vehicles and high R&D costs incurred when developing advanced technologies will likely hinder the growth of the market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=52372868

  3. The automotive engine market has been segmented on the basis of fuel type into gasoline, diesel, hybrid, and natural gas. The natural gas segment is set to grow at the highest CAGR during the forecast period, owing to the growing adoption of hybrid vehicles across the globe. However, the diesel segment is expected to account for the largest share, in terms of value, of the global automotive engine market in 2015. The automotive engine market has been segmented on the basis of engine type into L4, L6, V6, and V8 engines. Automotive L4 engines account for a larger market share than automotive V6 engines. This can be mainly attributed to the growing demand for high-power engines for racing. The Asia-Pacific region is estimated to account for the largest market share, in terms of value, in 2015. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=52372868

  4. The automotive engine mounts market has also been segmented on the basis of vehicle type into passenger car, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). The passenger car segment is estimated to account for the largest share, in terms of volume, of the global engine mounts market in 2015. This can be credited to the increasing demand for high-grade natural rubber for engine mounts with high load-carrying capacity. Two-wheeler systems have been segmented on the basis of CC into 100CC, 101CC–150CC, 151CC–250CC, 251CC–500CC, and 501CC and above. The 101CC–150CC segment is estimated to account for the largest share, in terms of volume, of the global two-wheeler market in 2015. The improving economic conditions and standard of living in developing countries and the favorable demographics in the Asia-Pacific region are key factors propelling the growth of the two-wheeler engine market. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=52372868

  5. Asia-Pacific: Key market for automotive engines Asia-Pacific is estimated to account for the largest share of the global automotive engine market in 2015. OEMs in Asia-Pacific have been focusing on developing technologically advanced automotive engines to produce high power and torque. The Asia-Pacific engine mounts market, in terms of value, is projected to grow at a promising CAGR during the forecast period. The North American region has been segmented into the U.S., Canada, and Mexico. North America is estimated to account for the second-largest share in the global automotive engine market in 2015. The report covers all the major players in the automotive engine market, including Mitsubishi Heavy Industries Ltd. (Japan), Cummins Inc. (U.S.), Fiat S.p.A. (Italy), MAHLE GmbH (Germany), and numerous local players. Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=52372868

  6. Market Ecosystem: The automotive engine ecosystem consists of manufacturers such as Mitsubishi Heavy Industries Ltd. (Japan), Cummins Inc. (U.S.), Fiat S.p.A. (Italy), and MAHLE GmbH (Germany), research institutes such as the Automotive Research Association of India (ARAI), European Automotive Research Partners Association (EARPA), and the United States Council for Automotive Research (USCAR), and regional automobile associations such as China Association of Automobile Manufacturers (CAAM), Japan Automobile Manufacturers Association (JAMA), and the European Automobile Manufacturers Association (ACEA). Buy Now: https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=52372868

  7. Browse >> 83market data tables 55figures 151 pagesand in-depth TOC "Automotive Engine and Engine Mounts Market by Fuel Type (Gasoline, Diesel, Natural Gas, & Hybrid), Engine Size, Engine Type (L4, L6, V6, and V8), Engine Mounts, Vehicle Type (PC, LCV, HCV, and Two-Wheeler), & by Region - Global Trends & Forecast to 2020” Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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