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Bayerische Motoren Werke AG
Cummins Inc.
Dongfeng Motor Corporation Ltd
Eicher Motors Ltd.
Ford Motor Co.
General Motors Co.
Honda Motor Co. Ltd.
Hyundai Motor Co.
MAHLE GmbH
Mazda Motor Corp.
Mercedes Benz Group AG
Mitsubishi Motors Corp.
Stellantis NV
Toyota Motor Corp.
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The automotive engine market is forecasted to grow by USD 16.8 bn during 2024-2029, accelerating at a CAGR of 3.2% during the forecast period. The report on the automotive engine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by stringent emission regulations, expanding automotive production, and increasing demand for premium vehicles.
Market Scope
Base Year 2025
End Year 2029
Series Year 2025-2029
Growth Momentum Accelerate
YOY 2025 3%
CAGR 3.2%
Incremental Value $16.8 bn
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's automotive engine market is segmented as below:
By Fuel Type
By Type
In-line engine
V-type engine
Others
By Vehicle Type
Passenger car
Commercial vehicle
By Geographical Landscape
APAC
North America
Europe
South America
Middle East and Africa
This study identifies the introduction of new products as one of the prime reasons driving the automotive engine market growth during the next few years. Also, focus on production capacity expansion and advancements in engine technologies will lead to sizable demand in the market.
The report on the automotive engine market covers the following areas:
Automotive Engine Market sizing
Automotive Engine Market forecast
Automotive Engine Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive engine market vendors that include AB Volvo, Bayerische Motoren Werke AG, Cummins Inc., Dongfeng Motor Corporation Ltd, Eicher Motors Ltd., Ford Motor Co., General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Isuzu Motors Ltd., MAHLE GmbH, Mazda Motor Corp., Mercedes Benz Group AG, Mitsubishi Motors Corp., Stellantis NV, SUBARU Corp., Suzuki Motor Corp., Tata Motors Ltd., Toyota Motor Corp., and Volkswagen Group. Also, the automotive engine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Fuel Type
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Vehicle Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ billion)
Data Table on Global - Market size and forecast 2024-2029 ($ billion)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Automotive Engine Market 2019 - 2023
Historic Market Size - Data Table on Global Automotive Engine Market 2019 - 2023 ($ billion)
5.2 Fuel Type segment analysis 2019 - 2023
Historic Market Size - Fuel Type Segment 2019 - 2023 ($ billion)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ billion)
5.4 Vehicle Type segment analysis 2019 - 2023
Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ billion)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 Impact Analysis of U.S. Tariffs on Global Automotive Engine Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Fuel Type
8.1 Market segments
Chart on Fuel Type - Market share 2024-2029 (%)
Data Table on Fuel Type - Market share 2024-2029 (%)
8.2 Comparison by Fuel Type
Chart on Comparison by Fuel Type
Data Table on Comparison by Fuel Type
8.3 Diesel - Market size and forecast 2024-2029
Chart on Diesel - Market size and forecast 2024-2029 ($ billion)
Data Table on Diesel - Market size and forecast 2024-2029 ($ billion)
Chart on Diesel - Year-over-year growth 2024-2029 (%)
Data Table on Diesel - Year-over-year growth 2024-2029 (%)
8.4 Gasoline - Market size and forecast 2024-2029
Chart on Gasoline - Market size and forecast 2024-2029 ($ billion)
Data Table on Gasoline - Market size and forecast 2024-2029 ($ billion)
Chart on Gasoline - Year-over-year growth 2024-2029 (%)
Data Table on Gasoline - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Fuel Type
Market opportunity by Fuel Type ($ billion)
Data Table on Market opportunity by Fuel Type ($ billion)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 In-line engine - Market size and forecast 2024-2029
Chart on In-line engine - Market size and forecast 2024-2029 ($ billion)
Data Table on In-line engine - Market size and forecast 2024-2029 ($ billion)
Chart on In-line engine - Year-over-year growth 2024-2029 (%)
Data Table on In-line engine - Year-over-year growth 2024-2029 (%)
9.4 V-type engine - Market size and forecast 2024-2029
Chart on V-type engine - Market size and forecast 2024-2029 ($ billion)
Data Table on V-type engine - Market size and forecast 2024-2029 ($ billion)
Chart on V-type engine - Year-over-year growth 2024-2029 (%)
Data Table on V-type engine - Year-over-year growth 2024-2029 (%)
9.5 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ billion)
Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
10 Market Segmentation by Vehicle Type
10.1 Market segments
Chart on Vehicle Type - Market share 2024-2029 (%)
Data Table on Vehicle Type - Market share 2024-2029 (%)
10.2 Comparison by Vehicle Type
Chart on Comparison by Vehicle Type
Data Table on Comparison by Vehicle Type
10.3 Passenger car - Market size and forecast 2024-2029
Chart on Passenger car - Market size and forecast 2024-2029 ($ billion)
Data Table on Passenger car - Market size and forecast 2024-2029 ($ billion)
Chart on Passenger car - Year-over-year growth 2024-2029 (%)
Data Table on Passenger car - Year-over-year growth 2024-2029 (%)
10.4 Commercial vehicle - Market size and forecast 2024-2029
Chart on Commercial vehicle - Market size and forecast 2024-2029 ($ billion)
Data Table on Commercial vehicle - Market size and forecast 2024-2029 ($ billion)
Chart on Commercial vehicle - Year-over-year growth 2024-2029 (%)
Data Table on Commercial vehicle - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Vehicle Type
Market opportunity by Vehicle Type ($ billion)
Data Table on Market opportunity by Vehicle Type ($ billion)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ billion)
Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.4 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ billion)
Data Table on North America - Market size and forecast 2024-2029 ($ billion)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.5 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ billion)
Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ billion)
Data Table on South America - Market size and forecast 2024-2029 ($ billion)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ billion)
Data Table on China - Market size and forecast 2024-2029 ($ billion)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.9 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ billion)
Data Table on US - Market size and forecast 2024-2029 ($ billion)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.10 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ billion)
Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.11 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ billion)
Data Table on India - Market size and forecast 2024-2029 ($ billion)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
12.12 Mexico - Market size and forecast 2024-2029
Chart on Mexico - Market size and forecast 2024-2029 ($ billion)
Data Table on Mexico - Market size and forecast 2024-2029 ($ billion)
Chart on Mexico - Year-over-year growth 2024-2029 (%)
Data Table on Mexico - Year-over-year growth 2024-2029 (%)
12.13 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ billion)
Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.14 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ billion)
Data Table on South Korea - Market size and forecast 2024-2029 ($ billion)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
12.15 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
12.16 Spain - Market size and forecast 2024-2029
Chart on Spain - Market size and forecast 2024-2029 ($ billion)
Data Table on Spain - Market size and forecast 2024-2029 ($ billion)
Chart on Spain - Year-over-year growth 2024-2029 (%)
Data Table on Spain - Year-over-year growth 2024-2029 (%)
12.17 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ billion)
Data Table on France - Market size and forecast 2024-2029 ($ billion)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Tables on Market opportunity By Geographical Landscape ($ billion)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
15.2 Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 AB Volvo
AB Volvo - Overview
AB Volvo - Business segments
AB Volvo - Key news
AB Volvo - Key offerings
AB Volvo - Segment focus
SWOT
15.5 Bayerische Motoren Werke AG
Bayerische Motoren Werke AG - Overview
Bayerische Motoren Werke AG - Business segments
Bayerische Motoren Werke AG - Key news
Bayerische Motoren Werke AG - Key offerings
Bayerische Motoren Werke AG - Segment focus
SWOT
15.6 Cummins Inc.
Cummins Inc. - Overview
Cummins Inc. - Business segments
Cummins Inc. - Key news
Cummins Inc. - Key offerings
Cummins Inc. - Segment focus
SWOT
15.7 Dongfeng Motor Corporation Ltd
Dongfeng Motor Corporation Ltd - Overview
Dongfeng Motor Corporation Ltd - Business segments
Dongfeng Motor Corporation Ltd - Key offerings
Dongfeng Motor Corporation Ltd - Segment focus
SWOT
15.8 Eicher Motors Ltd.
Eicher Motors Ltd. - Overview
Eicher Motors Ltd. - Product / Service
Eicher Motors Ltd. - Key offerings
SWOT
15.9 Ford Motor Co.
Ford Motor Co. - Overview
Ford Motor Co. - Business segments
Ford Motor Co. - Key offerings
Ford Motor Co. - Segment focus
SWOT
15.10 General Motors Co.
General Motors Co. - Overview
General Motors Co. - Business segments
General Motors Co. - Key news
General Motors Co. - Key offerings
General Motors Co. - Segment focus
SWOT
15.11 Honda Motor Co. Ltd.
Honda Motor Co. Ltd. - Overview
Honda Motor Co. Ltd. - Business segments
Honda Motor Co. Ltd. - Key news
Honda Motor Co. Ltd. - Key offerings
Honda Motor Co. Ltd. - Segment focus
SWOT
15.12 Hyundai Motor Co.
Hyundai Motor Co. - Overview
Hyundai Motor Co. - Business segments
Hyundai Motor Co. - Key news
Hyundai Motor Co. - Key offerings
Hyundai Motor Co. - Segment focus
SWOT
15.13 MAHLE GmbH
MAHLE GmbH - Overview
MAHLE GmbH - Business segments
MAHLE GmbH - Key news
MAHLE GmbH - Key offerings
MAHLE GmbH - Segment focus
SWOT
15.14 Mazda Motor Corp.
Mazda Motor Corp. - Overview
Mazda Motor Corp. - Business segments
Mazda Motor Corp. - Key offerings
Mazda Motor Corp. - Segment focus
SWOT
15.15 Mercedes Benz Group AG
Mercedes Benz Group AG - Overview
Mercedes Benz Group AG - Product / Service
Mercedes Benz Group AG - Key offerings
SWOT
15.16 Mitsubishi Motors Corp.
Mitsubishi Motors Corp. - Overview
Mitsubishi Motors Corp. - Business segments
Mitsubishi Motors Corp. - Key news
Mitsubishi Motors Corp. - Key offerings
Mitsubishi Motors Corp. - Segment focus
SWOT
15.17 Stellantis NV
Stellantis NV - Overview
Stellantis NV - Business segments
Stellantis NV - Key news
Stellantis NV - Key offerings
Stellantis NV - Segment focus
SWOT
15.18 Toyota Motor Corp.
Toyota Motor Corp. - Overview
Toyota Motor Corp. - Business segments
Toyota Motor Corp. - Key news
Toyota Motor Corp. - Key offerings
Toyota Motor Corp. - Segment focus
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
16.5 Data procurement
16.6 Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations