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Vehicle Engine And Engine Parts Global Market Report 2020

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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.
 
The global vehicle engine and engine parts market reached a value of nearly USD 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 USD 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.
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Table Of Content

Scope

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, USD 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, USD 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, USD 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, USD 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, USD Billion

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

Figure 1: Global Historic Market Growth, 2015-2019, USD Billion

Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 3: Global Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 4: Global Vehicle Engine And Engine Parts Market, Segmentation By Fuel Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 5: Global Vehicle Engine And Engine Parts Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 6: Global Vehicle Engine And Engine Parts Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 7: Asia-Pacific, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 8: China, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 9: India, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 10: Japan, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 11: Australia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 12: Indonesia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 13: South Korea, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 14: Western Europe, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 15: UK, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 16: Germany, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 17: France, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 18: Eastern Europe, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 19: Russia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 20: North America, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 21: USA, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 22: South America, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 23: Brazil, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 24: Middle East, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 25: Africa, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD 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


List Of Table

Table 1: Global Historic Market Growth, 2015-2019, USD Billion

Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 3: Global Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 4: Global Vehicle Engine And Engine Parts Market, Segmentation By Fuel Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 5: Global Vehicle Engine And Engine Parts Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 6: Global Vehicle Engine And Engine Parts Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 7: Asia-Pacific, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 8: China, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 9: India, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 10: Japan, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 11: Australia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 12: Indonesia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 13: South Korea, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 14: Western Europe, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 15: UK, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 16: Germany, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 17: France, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 18: Eastern Europe, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 19: Russia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 20: North America, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 21: USA, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 22: South America, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 23: Brazil, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 24: Middle East, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 25: Africa, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD 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

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Products and Companies

Products

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


Companies

Cummins

Toyota Motor

DENSO Corporation

Delphi Automotive PLC

Federal Mogul Corporation

MAHLE GmbH

BMW AG

General Motors

Volkswagen AG

Fiat Automobiles SpA

Company Profile

Company Profile Title

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.
 
The global vehicle engine and engine parts market reached a value of nearly USD 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 USD 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.
READ MORE

Scope

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, USD 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, USD 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, USD 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, USD 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, USD Billion

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

Figure 1: Global Historic Market Growth, 2015-2019, USD Billion

Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 3: Global Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 4: Global Vehicle Engine And Engine Parts Market, Segmentation By Fuel Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 5: Global Vehicle Engine And Engine Parts Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 6: Global Vehicle Engine And Engine Parts Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 7: Asia-Pacific, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 8: China, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 9: India, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 10: Japan, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 11: Australia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 12: Indonesia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 13: South Korea, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 14: Western Europe, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 15: UK, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 16: Germany, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 17: France, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 18: Eastern Europe, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 19: Russia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 20: North America, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 21: USA, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 22: South America, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 23: Brazil, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 24: Middle East, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 25: Africa, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD 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


List Of Table

Table 1: Global Historic Market Growth, 2015-2019, USD Billion

Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 3: Global Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 4: Global Vehicle Engine And Engine Parts Market, Segmentation By Fuel Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 5: Global Vehicle Engine And Engine Parts Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 6: Global Vehicle Engine And Engine Parts Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 7: Asia-Pacific, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 8: China, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 9: India, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 10: Japan, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 11: Australia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 12: Indonesia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 13: South Korea, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 14: Western Europe, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 15: UK, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 16: Germany, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 17: France, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 18: Eastern Europe, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 19: Russia, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 20: North America, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 21: USA, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 22: South America, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 23: Brazil, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 24: Middle East, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 25: Africa, Vehicle Engine And Engine Parts Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD 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

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Products

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


Companies

Cummins

Toyota Motor

DENSO Corporation

Delphi Automotive PLC

Federal Mogul Corporation

MAHLE GmbH

BMW AG

General Motors

Volkswagen AG

Fiat Automobiles SpA