Market Overview:
The global motor vehicle engine, power train and parts market is estimated to be valued at US$ 1,023.8 Bn by 2030 and is projected to register a CAGR of 5.1% over the forecast period (2018-2030). The growth of the market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. In terms of type, the global motor vehicle engine, power train and parts market has been segmented into two categories viz., vehicle engine and engine parts, power train, powertrain parts. The category of vehicle engines is expected to dominate the global market throughout the forecast period owing to rising demand for passenger cars across different regions. By application, private vehicles are anticipated to account for a larger share in terms of revenue as compared to commercial vehicles during 2018-2030 owing higher adoption rates in developed countries such as U.S.
Product Definition:
A motor vehicle engine, power train and parts is a system that uses an engine to turn gears to power a car. The engine turns the drive shaft, which powers the transmission. The transmission then sends power to the wheels.
Vehicle Engine and Engine Parts:
Vehicle engine and engine parts are the prime requirement of any vehicle. The growth in global motor vehicle sales is directly proportional to the demand for these products. Vehicle engines are designed to deliver optimum power output with minimum fuel consumption, this has resulted in increased emphasis on developing efficient engines that comply with emission norms set by governments across various countries.
Power Train:
Power train is the set of mechanical components that convert energy from fuel to useful form to drive a vehicle. It includes engine, transmission, and drive shafts. The power train market has been witnessing significant changes over the past few years owing to increasing demand for fuel-efficient vehicles and stringent government regulations regarding emission control.
The global automotive industry is expected to witness growth in light of rising population coupled with improving standards of living especially in emerging economies such as India, China, Vietnam.
Application Insights:
The commercial vehicle segment accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to the increasing demand for trucks, buses, coaches and other such vehicles in developing countries. In addition, technological advancements and innovations in fuel economy along with low cost financing are expected to have a positive impact on the overall market during the forecast period.
The private vehicle application segment is projected to witness significant growth over the forecast period owing to rising disposable income among consumers as well as increased production of passenger cars & light commercial vehicles (LCVs). Technological developments such as integration of GPS navigation systems into car engine controls will also boost industry growth over next eight years. For instance; Ford developed an AppLink system that uses smartphone data connections to improve safety features and give drivers directions while driving through its Smartphone Link app feature which was launched last year.
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 increasing demand for automotive power trains on account of rapid urbanization, rising disposable income, changing lifestyle and growing economic conditions. Moreover, factors such as low labor cost and easy availability of land are attracting major automobile manufacturers to set up their manufacturing facilities in this region.
The Asia Pacific regional market comprises developing economies such as India, China and Japan that are experiencing strong economic growth along with technological advancements in various industries including automotive. Furthermore, favorable government policies aimed at promoting investments through FDI have also contributed significantly to the growth of the regional market.
Growth Factors:
- Increasing demand for fuel-efficient and low-emission vehicles
- Rising disposable income of consumers in developing countries
- Proliferation of luxury and sports cars
- Development of autonomous driving technology
- Growing popularity of electric and hybrid vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Motor Vehicle Engine, Power Train and Parts Market Research Report
By Type
Vehicle Engine and Engine Parts, Power Train, Power Train Parts
By Application
Private Vehicle, Commercial Vehicle
By Companies
Honda, BMW, Toyota, Mercedes-Benz, Ford, Honda
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Motor Vehicle Engine, Power Train and Parts Market Report Segments:
The global Motor Vehicle Engine, Power Train and Parts market is segmented on the basis of:
Types
Vehicle Engine and Engine Parts, Power Train, Power Train Parts
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
Private 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:
- Honda
- BMW
- Toyota
- Mercedes-Benz
- Ford
- Honda
Highlights of The Motor Vehicle Engine, Power Train and Parts 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:
- Vehicle Engine and Engine Parts
- Power Train
- Power Train Parts
- By Application:
- Private 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 Motor Vehicle Engine, Power Train and Parts 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?
A motor vehicle engine, power train and parts are all components that work together to provide power to the wheels of a car or truck. The engine is responsible for turning the gears that send power to the drivetrain, which in turn sends power to the wheels.
Some of the major players in the motor vehicle engine, power train and parts market are Honda, BMW, Toyota, Mercedes-Benz, Ford, Honda.
The motor vehicle engine, power train and parts market is expected to register a CAGR of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Motor Vehicle Engine, Power Train and Parts 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 Motor Vehicle Engine, Power Train and Parts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Motor Vehicle Engine, Power Train and Parts 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 Motor Vehicle Engine, Power Train and Parts 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 Motor Vehicle Engine, Power Train and Parts Market Size & Forecast, 2020-2028
4.5.1 Motor Vehicle Engine, Power Train and Parts Market Size and Y-o-Y Growth
4.5.2 Motor Vehicle Engine, Power Train and Parts Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Vehicle Engine and Engine Parts
5.2.2 Power Train
5.2.3 Power Train Parts
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Private Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Motor Vehicle Engine, Power Train and Parts 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 Motor Vehicle Engine, Power Train and Parts 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Vehicle Engine and Engine Parts
9.6.2 Power Train
9.6.3 Power Train Parts
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 Market Size Forecast by Applications
9.10.1 Private 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Vehicle Engine and Engine Parts
10.6.2 Power Train
10.6.3 Power Train Parts
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 Market Size Forecast by Applications
10.10.1 Private 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Vehicle Engine and Engine Parts
11.6.2 Power Train
11.6.3 Power Train Parts
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 Market Size Forecast by Applications
11.10.1 Private 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Vehicle Engine and Engine Parts
12.6.2 Power Train
12.6.3 Power Train Parts
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 Market Size Forecast by Applications
12.10.1 Private 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Vehicle Engine and Engine Parts
13.6.2 Power Train
13.6.3 Power Train Parts
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) Market Size Forecast by Applications
13.10.1 Private 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 Motor Vehicle Engine, Power Train and Parts Market: Competitive Dashboard
14.2 Global Motor Vehicle Engine, Power Train and Parts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honda
14.3.2 BMW
14.3.3 Toyota
14.3.4 Mercedes-Benz
14.3.5 Ford
14.3.6 Honda
