Automotive Engine Market is expected to grow at CAGR of 3.00% during 2017-2021
About Automotive Engine
An engine is a
device that helps convert the chemical energy of fuel into mechanical energy to
produce power. The internal combustion (IC) engine used in the automobiles is
fueled by petrol, diesel, propane or natural gas. The growth of the automotive
engines is hindered with the rising demand for electric and hybrid vehicles.
Among the types of the engine, in-line engines, which accounted for around 73%
of the share in 2016 are the widely used engines in automobiles.
the global
automotive engine market to grow at a CAGR of 3.00% during the period
2017-2021.
Covered in this report
The report covers
the present scenario and the growth prospects of the global automotive engine
market for 2017-2021. To calculate the market size, the report presents a
detailed picture of the market by way of study, synthesis, and summation of
data from multiple sources.
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The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Global Automotive
Engine Market 2017-2021, has been prepared based on an in-depth market analysis
with inputs from industry experts. The report covers the market landscape and
its growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
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Key vendors
• Cummins
• General Motors
• Fiat
• Ford Motor
Company
• Toyota
• Volkswagen
Other prominent vendors
• BMW
• Daimler Group
• Honda
• Hyundai
• Mitsubishi Motors
• PSA Group
• Renault
• Suzuki
• Volvo
Market driver
• Increase in
engine downsizing
• For a full, detailed
list, view our report
Market challenge
• High cost
associated with new vehicle development
• For a full, detailed
list, view our report
Market trend
• Development of
multi-fuel engines
• For a full,
detailed list, view our report
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Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
Blog URL: http://www.radiantinsightsinc.blogspot.com
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