>Global Automotive Engine and Engine Mounts Market, By Engine Type (L4 Engine, L6 Engine, V6 Engine, V8 Engine), Fuel Type (Gasoline, Diesel, Hybrid, Natural Gas), Vehicle Type (Passenger Car, LCV, HCV, Two- Wheeler), Engine Mount (Elastomer, Hydraulic, Electrohydraulic), Product Type (Semi-Active Engine Mount, Active Engine Mount), End- Users (SUV, Sedan), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Automotive Engine and Engine Mounts Market
The automotive engine and engine mounts market is expected to witness market growth at a rate of 6.30% in the forecast period of 2021 to 2028 and is expected to reach USD 107,251.38 million by 2028. Data Bridge Market Research report on automotive engine and engine mounts market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in sales of vehicles is escalating the growth of automotive engine and engine mounts market.
Engine mount refers to the part of the car on which the engine of the car is supported. The main purpose of the products is connecting car engine with the car frame. Whereas, the automotive engines are referred to as fuel consumption machines which are used in various vehicles such as buses, airplanes and motorcycles among others. These engines enhance the efficiency of the vehicle. Some of the common types of the engines available in the market are L4, L6, V6 and V8.
The rise in the production volumes of both passenger vehicles and commercial vehicles acts as one of the major factors driving the growth of automotive engine and engine mounts market. The technological developments made by the manufacturers in order to develop materials that provide a better damping effect and increase in investments by key manufacturers of sports vehicles to provide advanced engine mounts offering maximum vibration damping accelerate the automotive engine and engine mounts market growth. The growth in consumer awareness regarding improving the fuel efficiency of vehicles by decreasing vehicle emissions and rising efforts being taken by both OEMs and governments of various nations’ further influence the automotive engine and engine mounts market. Additionally, rise in the sales and production of vehicles, demand of high torque and high power engines for high end cars and demand for high grade natural rubber with high load carrying capacity engines positively affect the automotive engine and engine mounts market. Furthermore, growth of demand for engine downsizing with high engine power and fuel efficiency extends profitable opportunities to the automotive engine and engine mounts market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the research and development activities and rise in demand for electric vehicle are the factors expected to obstruct the automotive engine and engine mounts market growth. Stringent emission norms to reduce carbon footprints are projected to challenge the automotive engine and engine mounts market in the forecast period of 2021-2028.
This automotive engine and engine mounts market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on automotive engine and engine mounts market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Engine and Engine Mounts Market Scope and Market Size
- The automotive engine and engine mounts market is segmented on the basis of engine type, fuel type, vehicle type, engine mount, product type and end- users. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of engine type, the automotive engine and engine mounts market is segmented into L4 Engine, L6 Engine, V6 Engine and V8 Engine.
- On the basis of fuel type, the automotive engine and engine mounts market is segmented into gasoline, diesel, hybrid and natural gas.
- On the basis of vehicle type, the automotive engine and engine mounts market is segmented into passenger car, LCV, HCV and two- wheeler.
- On the basis of engine mount, the automotive engine and engine mounts market is segmented into elastomer, hydraulic and electrohydraulic.
- On the basis of product type, the automotive engine and engine mounts market is segmented into semi-active engine mount and active engine mount.
- On the basis of end- users, the automotive engine and engine mounts market is segmented into SUV and sedan.
Global Automotive Engine and Engine Mounts Market Country Level Analysis
The automotive engine and engine mounts market is analyzed and market size, volume information is provided by country, engine type, fuel type, vehicle type, engine mount, product type and end- users as referenced above.
The countries covered in the globally automotive engine and engine mounts market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the automotive engine and engine mounts market because of the expansion of automotive industry, rise in efforts are being undertaken by the OEMs and strong manufacturing footprint in the region. Europe is expected to witness significant growth during the forecast period of 2021 to 2028 because of the research and development activities.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Engine and Engine Mounts Market Share Analysis
The automotive engine and engine mounts market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive engine and engine mounts market.
The major players covered in the automotive engine and engine mounts market report are Cummins Inc, Hyundai Motor Company, MITSUBISHI HEAVY INDUSTRIES, LTD., MAHLE GmbH, Scania, Fiat Chrysler Automobiles, HUTCHINSON, Cooper Standard, Trelleborg AB, TOYO TIRE U.S.A. CORP, Yamashita Rubber, Sumitomo Riko Company Limited, ZF Friedrichshafen AG, BOGE Rubber & Plastics, BWI Group among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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