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Global Crate Engines Share Analysis 2025, Forecast To 2034

24 Mar, 2025

What Has Been the Growth of the Crate Engines Market So Far?

The crate engines market has seen considerable growth due to a variety of factors.
• Over the past few years, the market size of crate engines has witnessed notable expansion. The value, which was projected to be $26.58 billion in 2024, is anticipated to reach $28.44 billion in 2025 with a compound annual growth rate (CAGR) of 7.0%.
The significant growth observed in the historic period is credited to cultural and lifestyle drift, recurrence and allure of the past, higher demand for comfortable rides, focusing on a broad spectrum of consumers, urban commuting, and short journeys, as well as the trends in customization and personalization.

What Is the Forecasted Market Size and Growth Rate for The Crate Engines Market Size In The Coming Years?

The crate engines market is expected to maintain its strong growth trajectory in upcoming years.
• Stepping into the future, the crate engines market is predicted to experience considerable growth. The market is expected to expand to $35.38 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.6%.
This surge during the projected period can be credited to changing consumer tastes, emphasis on eco-friendly transport options, increasing urbanization, encouragement of leisure riding, and global economic growth. The upcoming trends during this period will be characterized by the incorporation of high-tech connectivity features, focus on designs that are performance-oriented and lightweight, offer customization and personalization, and the launch of adaptive cruise control. Additionally, the integration of advanced rider assistance systems (ARAS), and the evolution of retro-modern aesthetics are predicted to further stimulate this growth.

What Factors Are Driving Growth In The Crate Engines Market?

The burgeoning interest in motorsports racing is projected to stimulate the crate engine market's expansion in the future. Motorsports racing encompasses a variety of competitive athletic activities, including those that involve motorized vehicles. These athletic competitions heavily rely on crate engines that strike a balance in terms of cost, performance, and dependability, thereby contributing to the breadth and inclusivity of the races. For example, F1 car racing revenue, as reported by Motorsport Network, a technological and advertising firm based in the US, rose by 20% in March 2023, from $2.136 billion in 2021 to $2.573 billion in 2022. Thus, this burgeoning involvement in motorsports racing is spurring the crate engine market.

Crate Engines Market Driver: Growing Demand For Fuel-Efficient Vehicles

What Are The Main Segments Of The Global Crate Engines Market?

The crate engines market covered in this report is segmented –
1) By Engine Type: New Engines, Rebuilt Engines, Remanufactured Engines, Used Engines
2) By Fuel Type: Gasoline, Diesel
3) By Capacity Type: 600-1000 CC, 1000-3000 CC, 3000-5000 CC, >5000 CC
4) By Sales Channel: Original Equipment market, After market Subsegments:
1) By New Engines: Gasoline Engines, Diesel Engines, Electric Engines
2) By Rebuilt Engines: Gasoline Rebuilt Engines, Diesel Rebuilt Engines
3) By Remanufactured Engines: Gasoline Remanufactured Engines, Diesel Remanufactured Engines
4) By Used Engines: Gasoline Used Engines, Diesel Used Engines

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Which Emerging Market Trends Are Altering The Crate Engines Industry?

Prominent companies in the crate engine market are concentrating their efforts towards devising advanced products including, but not limited to, the direct connection supercharged Hellephant series of crate engines in order to hold a dominant position in the market. Comprising an exquisite collection of some of the world's most powerful production crate engines, the Direct Connection supercharged Hellephant series delivers three upgraded models that come with a superior fuel system and advanced hardware designed to boost power output. These are in addition to the iconic 1,000-horsepower Hellephant 426 Supercharged crate engine. As an exemplification, in November 2022, Dodge Inc., a crate engines manufacturing firm based in the United States, introduced a groundbreaking series of high-horsepower Direct Connection crate engines. This includes the A30 Crate Engine, A170 Crate Engine, C30 Crate Engine, and C170 Crate Engine. With an unprecedented line-up of GENI HEMI-powered cast-iron and aluminum engines, this series offers engines with power ranging from 900 to over 1,100 horsepower. Moreover, these crate engines are accompanied by numerous enhancements such as a superior 3.0L IHI supercharger replete with a more efficient intercooler, an enlarged snout, and a 3.02-inch pulley for an escalated boost. They are also equipped with cylinder heads featuring upgraded seat material and valve guide to maximize cylinder pressure capacity and offer top-notch performance on E85 and premium fuel systems.

Who Are the Key Players In The Crate Engines Market?

Major companies operating in the crate engines market report are:
• Bayerische Motoren Werke AG
• American Honda Motor Company Inc.
• Hyundai Motor Company
• Mahle GmbH
• North American ATK Corporation
• Harley-Davidson Inc.
• Jasper Engines and Transmissions
• Dart Machinery Ltd.
• Summit Racing Equipment
• Edelbrock LLC.
• FCA US LLC
• Roush Performance
• Blueprint Engines
• Yoshimura R&D of America Inc.
• Trick Flow Specialties
• DSR Performance
• West Coast Engines
• Hennessey Performance Engineering
• Texas Speed & Performance Ltd.
• Performance Unlimited Inc.
• ATK High Performance Engines
• Isky Racing Cams
• Nelson Racing Engines NRE
• Mast Motorsports LLC
• S&J Engines Inc.
• Chevrolet Performance Parts
• Ford Performance Parts
• Custom Crate Engines
• Speedmaster
• Herrod Performance Engines

What Is The Most Dominant Region In The Crate Engines Market?

North America was the largest region in the crate engines market in 2024. The regions covered in the crate engines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.