Market Overview:
The global mechanical performance tuning components market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for high-performance vehicles and the rising awareness about the benefits of mechanical performance tuning components. On the basis of type, the engine segment is expected to account for a major share of the global mechanical performance tuning components market during 2018-2030. This can be attributed to increasing demand for high-performance engines in passenger as well as commercial vehicles. The fuel system segment is also anticipated to witness significant growth during the forecast period owing to growing demand for fuel efficient and powerful engines. On the basis of application, passenger vehicles are expected to dominatethe global mechanical performance tuning components market during 2018-2030. This can be ascribedto rising disposable income levels across emerging economies coupled with an increase in preference for luxury cars over conventional ones.
Product Definition:
Mechanical Performance Tuning Components are parts of a car that improve the way it performs mechanically. This can include anything from engine tuning components to suspension and brake upgrades. The importance of mechanical performance tuning components lies in their ability to improve the car's handling, acceleration, and braking.
Engine:
The engine is the part of a vehicle that produces its power and moves it to the wheels. The performance of an engine can be modified by changing various components such as, rods, pistons, crankshaft position sensors and many more. These engines are used in all types of vehicles including passenger cars, two wheelers and commercial vehicles among others.
Fuel System:
The fuel system is the part of an internal combustion engine that controls and monitors the flow of fuel from its source to where it is needed in order to maintain a constant pressure within the combustion chamber. The system has multiple components, which include pumps, filters, injectors and nozzles among others. A key component that affects mechanical performance is injectors.
Application Insights:
The global market is segmented by application into passenger vehicle and commercial vehicle. The commercial vehicles segment held the largest share in 2017, owing to the growing demand for trucks and buses from various industries across the globe. The fuel efficiency of these vehicles is also a major concern for their owners, which has resulted in an increased focus on improving engine performance.
Passenger vehicle applications are expected to witness significant growth over the forecast period due to increasing consumer preference for cars with enhanced driving dynamics and superior handling characteristics. This trend has led several manufacturers towards developing sports tuned cars that offer better grip through aerodynamic body kits or tires with higher rubber content than normal tires provide as standard equipment on most of today¢â‚¬â„¢s modern passenger cars & light-duty trucks (LDT).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid developments in automotive industry, which has triggered the demand for performance enhancing components. China, Japan, India and South Korea are some of the largest markets that offer tremendous growth opportunities for manufacturers operating within this region.
The European market also held a significant share of global revenue in 2017 owing to high demand from countries such as Germany and Russia coupled with growing trend towards lightweight vehicles across this region. However, slow growth rate witnessed by this regional segment may be attributed to ongoing economic uncertainties across Europe since 2016 along with Brexit-related issues between UK & EU countries that may hamper investments made by foreign players & OEMs over there or force them to shift their manufacturing facilities outside Europe altogether thus affecting overall regional growth negatively.
Growth Factors:
- Increasing demand for fuel-efficient vehicles
- Rising disposable income of consumers in developing countries
- Stringent emission norms by regulatory authorities worldwide
- Proliferation of advanced automotive technologies
- Growing popularity of motorsports
Scope Of The Report
Report Attributes
Report Details
Report Title
Mechanical Performance Tuning Components Market Research Report
By Type
Engine, Fuel System, Brake, Body & Suspension, Exhaust Mufflers
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Robert Bosch GmbH, Denso Corporation, Mitsubishi Heavy Industries Ltd., Delphi Automotive, Continental AG, Honeywell International Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Mechanical Performance Tuning Components Market Report Segments:
The global Mechanical Performance Tuning Components market is segmented on the basis of:
Types
Engine, Fuel System, Brake, Body & Suspension, Exhaust Mufflers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Robert Bosch GmbH
- Denso Corporation
- Mitsubishi Heavy Industries Ltd.
- Delphi Automotive
- Continental AG
- Honeywell International Inc.
Highlights of The Mechanical Performance Tuning Components Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Engine
- Fuel System
- Brake
- Body & Suspension
- Exhaust Mufflers
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mechanical Performance Tuning Components Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mechanical performance tuning components are used to improve the overall performance of a vehicle. These components can include things like pistons, valves, and turbochargers.
Some of the major players in the mechanical performance tuning components market are Robert Bosch GmbH, Denso Corporation, Mitsubishi Heavy Industries Ltd., Delphi Automotive, Continental AG, Honeywell International Inc..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mechanical Performance Tuning Components Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mechanical Performance Tuning Components Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mechanical Performance Tuning Components Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mechanical Performance Tuning Components Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mechanical Performance Tuning Components Market Size & Forecast, 2018-2028
4.5.1 Mechanical Performance Tuning Components Market Size and Y-o-Y Growth
4.5.2 Mechanical Performance Tuning Components Market Absolute $ Opportunity
Chapter 5 Global Mechanical Performance Tuning Components Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mechanical Performance Tuning Components Market Size Forecast by Type
5.2.1 Engine
5.2.2 Fuel System
5.2.3 Brake
5.2.4 Body & Suspension
5.2.5 Exhaust Mufflers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mechanical Performance Tuning Components Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mechanical Performance Tuning Components Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mechanical Performance Tuning Components Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mechanical Performance Tuning Components Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mechanical Performance Tuning Components Analysis and Forecast
9.1 Introduction
9.2 North America Mechanical Performance Tuning Components Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mechanical Performance Tuning Components Market Size Forecast by Type
9.6.1 Engine
9.6.2 Fuel System
9.6.3 Brake
9.6.4 Body & Suspension
9.6.5 Exhaust Mufflers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mechanical Performance Tuning Components Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mechanical Performance Tuning Components Analysis and Forecast
10.1 Introduction
10.2 Europe Mechanical Performance Tuning Components Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mechanical Performance Tuning Components Market Size Forecast by Type
10.6.1 Engine
10.6.2 Fuel System
10.6.3 Brake
10.6.4 Body & Suspension
10.6.5 Exhaust Mufflers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mechanical Performance Tuning Components Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mechanical Performance Tuning Components Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mechanical Performance Tuning Components Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mechanical Performance Tuning Components Market Size Forecast by Type
11.6.1 Engine
11.6.2 Fuel System
11.6.3 Brake
11.6.4 Body & Suspension
11.6.5 Exhaust Mufflers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mechanical Performance Tuning Components Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mechanical Performance Tuning Components Analysis and Forecast
12.1 Introduction
12.2 Latin America Mechanical Performance Tuning Components Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mechanical Performance Tuning Components Market Size Forecast by Type
12.6.1 Engine
12.6.2 Fuel System
12.6.3 Brake
12.6.4 Body & Suspension
12.6.5 Exhaust Mufflers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mechanical Performance Tuning Components Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mechanical Performance Tuning Components Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mechanical Performance Tuning Components Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mechanical Performance Tuning Components Market Size Forecast by Type
13.6.1 Engine
13.6.2 Fuel System
13.6.3 Brake
13.6.4 Body & Suspension
13.6.5 Exhaust Mufflers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mechanical Performance Tuning Components Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mechanical Performance Tuning Components Market: Competitive Dashboard
14.2 Global Mechanical Performance Tuning Components Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Robert Bosch GmbH
14.3.2 Denso Corporation
14.3.3 Mitsubishi Heavy Industries Ltd.
14.3.4 Delphi Automotive
14.3.5 Continental AG
14.3.6 Honeywell International Inc.
