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Dublin, October 27, 2020 (GLOBE NEWSWIRE) – The report “Global Automotive Engine Market 2020-2025 by Engine Type, Function, Vehicle Type and Geography, Covid-19 Impact, Ansoff Analysis” has been added to ResearchAndMarkets.com offer.
The global automotive engine market is estimated at $ 21.4 billion in 2020 and is expected to reach $ 27.12 billion by 2025, growing at a CAGR of 4.85%.
An automotive engine is a machine that is used in vehicles for the conversion of electrical energy into mechanical energy. In most vehicles, the IC engine is used to burn fuel to produce heat which is then converted into mechanical energy by the engines. However, in the case of electric vehicles, electrical energy is converted into mechanical energy. Other applications of the engines are in the power steering, HVAC system, power windows and side mirrors, etc.
The growth in the market is attributed to the growing demand for electric vehicles, the growing attention to safety and convenience, and the growing demand for advanced autonomous systems. High component weight and high cost are hindering market growth. On the other hand, electric commercial vehicles and the demand for luxury vehicles have created profitable opportunities for the market.
Segments covered
By vehicle type, the passenger car segment is expected to have the largest market share by 2025. The growing applications of the engine in passenger cars, the adoption of electric vehicles, etc. They should drive the segment’s growth. The APAC region is expected to hold the largest market share by 2025 due to the growing adoption of passenger vehicles in the market. The growing focus on affordability and the growing adoption of electric vehicles in the APAC market is also expected to drive the region’s growth. The global low-speed vehicle market is segmented by engine type, function, vehicle type and geographic area.
Competitive IGR dial
The report includes IGR Competitive Quadrant, a proprietary tool for analyzing and evaluating the position of companies based on their industry position score and market performance. The tool uses various factors to classify players into four categories. Some of these factors considered for the analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc.
Some of the companies covered in this report are Robert Bosch, Nidec Corporation, Continental, Johnson Electric, Siemens AG, Mitsubishi Electric Corporation etc.
Market dynamics
Drivers
- Growing demand for electric vehicles
- Greater attention to safety and comfort
- Growing demand for advanced autonomous systems
Restrictions
Opportunity
- Electric commercial vehicles
- Growing demand for luxury vehicles
Key topics covered:
1 Description of the report
2 Research methodology
3 Executive summary
4 Market overview
4.1 Introduction
4.2 Market dynamics
4.2.1 Driver
4.2.2 Restrictions
4.2.3 Opportunities
4.3 Trends
5 Market analysis
5.1 Porter’s five forces analysis
5.2 Impact of Covid-19
5.3 Analysis of the Ansoff matrix
6 Global automotive engine market, by engine type
6.1 Introduction
6.2 Traction
6.3 Brushed
6.4 Brushless
6.5 Stepper
7 Global automotive engine market, by function
7.1 Introduction
7.2 Performance
7.3 Security
7.4 Comfort
8 Global automotive engine market, by vehicle type
8.1 Introduction
8.2 Car
8.3 Light commercial vehicle
8.4 Heavy commercial vehicle
9 Global automotive engine market by geographic area
10 Competitive landscape
10.1 IGR Competitive Quadrants
10.2 Market share analysis
10.3 Competitive scenario
10.3.1 Mergers and Acquisitions
10.3.2 Agreements, collaborations and partnerships
10.3.3 New Product Launches and Enhancements
10.3.4 Investments and financing
11 Company Profiles
11.1 Robert Bosch
11.2 Nidec Corporation
11.3 Continental
11.4 Johnson Electric
11.5 Denso Corporation
11.6 Siemens AG
11.7 Magna International
11.8 Mitsubishi Electric Corporation
11.9 Valeo
11.10 Mahle GmbH
11.11 Borgwarner Inc.
For more information on this report, please visit https://www.researchandmarkets.com/r/cvb9fa
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