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Vehicle Engine And Engine Parts Global Market Report 2020

Starting Price : $ 4000.00 | Pages : 150 | Published : February 2020 | SKU CODE : 7339 | Format :


The vehicle engine and engine parts market consist of the sales of motor vehicle engine and engine parts and related services used in bikes, passenger cars, racing cars, commercial vehicles, marine, agricultural equipment and earth-moving equipment. The engine parts consist of an engine cylinder head, engine cylinder block, alternator, A/c compressor, power steering pump, flywheel, clutch assembly, clutch housing and transmission. The vehicle engine and engine parts market does not include engines for electric vehicles.

Countries covered are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia

The global vehicle engine and engine parts market reached a value of nearly $240.2 billion in 2019, having grown at a compound annual growth rate (CAGR) of 7.92% since 2015, and is expected to grow at a CAGR of 8.92% to nearly $338.1 billion by 2023.

The vehicle engine and engine parts market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. Asia Pacific was the largest region in the vehicle engine and engine parts market in 2019.

The vehicle engine and engine parts covered in this report is segmented by product type into vehicle engines and vehicle engine parts and by fuel type into gasoline (petrol), diesel, gas and others.

The growth for the vehicle engine and engine parts market is restricted by the growing popularity of the electric vehicles all over the world. These battery-operated cars are not only easier to maintain but also does not contribute towards the air pollution. The popularity of electric car market is backed up by several government initiatives such as in Norway, the drivers of zero emissions cars are not only exempted from road tax but also exempted from 25% VAT on sales, reduced road and ferry tolls and parking costs, and access to bus lanes. According to the reports by International Energy Agency (IEA), the electric passenger cars passed 5 million in 2018, with Norway emerging as the global leader in terms of electric car market share. The market share of battery electric vehicles was 58.4 percent in March 2019.With the increasing popularity of electric vehicles, the demand for engine operated vehicles is negatively impacted thus causing an overall fall in the demand for vehicle engine and engine parts market.

Declining sales in the automobile sector restricts the growth of the vehicle engine and engine parts market. The decline in the demand for automobile in various economies causes lower demand for new engine and engine part manufacturers. According to the International Organization of Motor Vehicle Manufacturers, global car sales are expected to fall by about 3.1 million in 2019.In India ,Society of Indian Automobile Manufacturers stated a decline of 12.34 per cent to 19,97,952 units in domestic sales was witnessed in June 2019.

The companies operating in the vehicle engine and engine parts market are investing towards improving the fuel efficiency in internal combustion engines. Manufacturers are producing engines that delivers higher power and improves fuel economy. Improving the fuel efficiency of vehicle engine serves as an economical solution as well as reduces the emission of harmful pollutants into the air. For instance, to improve the fuel efficiency companies are investing in direct fuel injection  technology in which the direct injection systems spray a fine mist of fuel directly into the cylinder helps keep the engine`s temperature down and increases the fuel efficiency. Following the trend in 2019, Mazada, a Japanese automaker, launched the Mazda 3 with Mazda`s Skyactiv-X gas-powered Spark-Controlled Compression Ignition engine. Also as reported by the U.S Department of Energy, direct fuel injection can improve engine efficiency by 12%. Thus, with increased concerns for the environment and to provide a better value for money, companies operating in the market are investing more towards improving the fuel efficiency of the engines.

In 2019, Japan based, Honda Motor Co and Hitachi Ltd agreed to merge four of their car-parts businesses including -Hitachi Automotive Systems, Keihin Corp., Showa Corp. and Nissin Kogyo Co. The transaction will be completed in two steps with Honda making share offer to Keihin Corp., Showa Corp. and Nissin Kogyo following which Hitachi will make Hitachi Automotive Systems a subsidiary. In the merger, Hitachi will own 67 percent and Honda will own the remainder. Through this merger, Honda and Hitachi will get an access to resources and technology of mergers. Keihin Corp., Showa Corp. and Nissin Kogyo are Japan based manufacturers. Keihin is a manufacturer of conventional engine components including management systems for natural gas vehicles, Showa manufactures differential gears, shafts and other components, Nissin Kogyo specializes in the manufacturing of braking systems.

Major players in the market are Cummins, Toyota Motor, DENSO Corporation, Delphi Automotive PLC  , Federal Mogul Corporation,  MAHLE GmbH,  BMW AG, General Motors, Volkswagen AG and Fiat Automobiles SpA.

1) By Product Type: Vehicle Engines; Vehicle Engine Parts 2) By Fuel Type: Gasoline (Petrol); Diesel; Gas; Others

    1. Executive Summary

    2. Vehicle Engine And Engine Parts Market Characteristics

    3. Vehicle Engine And Engine Parts Market Size And Growth

    3.1. Global Vehicle Engine And Engine Parts Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Vehicle Engine And Engine Parts Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Vehicle Engine And Engine Parts Market Segmentation

    4.1. Global Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Vehicle Engines

    Vehicle Engine Parts

    4.2. Global Vehicle Engine And Engine Parts Market, Segmentation By Fuel Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Gasoline (Petrol)

    Diesel

    Gas

    Others

    5. Vehicle Engine And Engine Parts Market Regional And Country Analysis

    5.1. Global Vehicle Engine And Engine Parts Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global Vehicle Engine And Engine Parts Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific Vehicle Engine And Engine Parts Market  

    6.1. Asia-Pacific Vehicle Engine And Engine Parts Market Overview  

    6.2. Asia-Pacific Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China Vehicle Engine And Engine Parts Market  

    7.1. China Vehicle Engine And Engine Parts Market Overview  

    7.2. China Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

    8. India Vehicle Engine And Engine Parts Market  

    8.1. India Vehicle Engine And Engine Parts Market Overview  

    8.2. India Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan Vehicle Engine And Engine Parts Market  

    9.1. Japan Vehicle Engine And Engine Parts Market Overview  

    9.2. Japan Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia Vehicle Engine And Engine Parts Market  

    10.1. Australia Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia Vehicle Engine And Engine Parts Market  

    11.1. Indonesia Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea Vehicle Engine And Engine Parts Market  

    12.1. South Korea Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe Vehicle Engine And Engine Parts Market  

    13.1. Western Europe Vehicle Engine And Engine Parts Market Overview

    13.2. Western Europe Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK Vehicle Engine And Engine Parts Market  

    14.1. UK Vehicle Engine And Engine Parts Market Overview

    14.2. UK Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany Vehicle Engine And Engine Parts Market  

    15.1. Germany Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France Vehicle Engine And Engine Parts Market  

    16.3. France Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe Vehicle Engine And Engine Parts Market  

    17.1. Eastern Europe Vehicle Engine And Engine Parts Market Overview

    17.2. Eastern Europe Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia Vehicle Engine And Engine Parts Market  

    18.1. Russia Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America Vehicle Engine And Engine Parts Market  

    19.1. North America Vehicle Engine And Engine Parts Market Overview

    19.2. North America Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA Vehicle Engine And Engine Parts Market  

    20.1. USA Vehicle Engine And Engine Parts Market Overview

    20.2. USA Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America Vehicle Engine And Engine Parts Market  

    21.1. South America Vehicle Engine And Engine Parts Market Overview

    21.2. South America Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil Vehicle Engine And Engine Parts Market  

    22.1. Brazil Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East Vehicle Engine And Engine Parts Market  

    23.1. Middle East Vehicle Engine And Engine Parts Market Overview

    23.2. Middle East Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa Vehicle Engine And Engine Parts Market  

    24.1. Africa Vehicle Engine And Engine Parts Market Overview

    24.2. Africa Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. Vehicle Engine And Engine Parts Market Competitive Landscape And Company Profiles

    25.1. Vehicle Engine And Engine Parts Market Competitive Landscape

    25.2. Vehicle Engine And Engine Parts Market Company Profiles

    25.2.1. Cummins

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. Toyota Motor

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. DENSO Corporation

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Delphi Automotive PLC  

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. Federal Mogul Corporation

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The Vehicle Engine And Engine Parts Market

    27. Vehicle Engine And Engine Parts Market Trends And Strategies

    28. Vehicle Engine And Engine Parts Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 3: Global Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global Vehicle Engine And Engine Parts Market, Segmentation By Fuel Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global Vehicle Engine And Engine Parts Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Global Vehicle Engine And Engine Parts Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: Asia-Pacific, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: China, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: India, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: Japan, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: Australia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: Indonesia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: South Korea, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: Western Europe, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: UK, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: Germany, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: France, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: Eastern Europe, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: Russia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: North America, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: USA, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: South America, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: Brazil, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: Middle East, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Africa, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 26: Cummins Financial Performance
  • Table 27: Toyota Motor Financial Performance
  • Table 28: DENSO Corporation Financial Performance
  • Table 29: Delphi Automotive PLC   Financial Performance
  • Table 30: Federal Mogul Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global Vehicle Engine And Engine Parts Market, Segmentation By Fuel Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global Vehicle Engine And Engine Parts Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Global Vehicle Engine And Engine Parts Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: Asia-Pacific, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: China, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: India, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: Japan, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: Australia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: Indonesia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: South Korea, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: Western Europe, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: UK, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: Germany, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: France, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: Eastern Europe, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: Russia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: North America, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: USA, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: South America, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: Brazil, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: Middle East, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Africa, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 26: Cummins Financial Performance
  • Figure 27: Toyota Motor Financial Performance
  • Figure 28: DENSO Corporation Financial Performance
  • Figure 29: Delphi Automotive PLC   Financial Performance
  • Figure 30: Federal Mogul Corporation Financial Performance
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