Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 7.11 |
Automotive Engine and Engine Mounts Market Analysis Report 2023-2032
The Automotive Engine and Engine Mounts Market is projected to experience a Compound Annual Growth Rate (CAGR) of 7.92% between 2022 and 2032. Over this period, the market size is expected to witness a substantial increase, reaching a valuation of USD 35.6 billion. The growth of this market is attributed to various factors, including the rising demand for fuel-efficient vehicles, advancements in engine technology, and the need for enhanced driving comfort and reduced vibrations. The market primarily focuses on engines and engine mounts used in various automotive applications.
Automotive Engine and Engine Mounts Market Overview
Drivers
One of the key drivers behind the expansion of the Automotive Engine and Engine Mounts Market is the increasing demand for fuel-efficient vehicles. Automakers are under pressure to comply with stringent emissions standards and reduce the carbon footprint of their vehicles. Advanced engine technologies and efficient engine mounts play a vital role in achieving better fuel economy and lower emissions.
Moreover, advancements in engine technology, such as downsizing and turbocharging, are driving the market. These technologies are designed to deliver more power and efficiency while reducing the size and weight of engines, making engine mounts even more critical in managing vibrations and ensuring smooth operation.
Trends
An important trend shaping the Automotive Engine and Engine Mounts Market is the integration of electric powertrains and hybrid systems. As the automotive industry transitions towards electric and hybrid vehicles, engine mounts are being adapted to accommodate electric powertrains, ensuring that vibrations and noise are minimized in these vehicles.
Additionally, there is a growing trend towards the use of active engine mounts that can dynamically adjust stiffness and damping properties to optimize ride comfort and minimize vibrations. This trend enhances the driving experience and aligns with the demand for smoother, quieter rides.
Restraints
One of the challenges faced by the Automotive Engine and Engine Mounts Market is the high cost associated with advanced engine mounts. Innovative engine mounts equipped with active damping and vibration-reducing technologies can be expensive to manufacture, potentially increasing the overall cost of vehicles. This cost challenge needs to be balanced with the benefits of improved comfort and performance.
Furthermore, the adoption of electric vehicles (EVs) and hydrogen fuel cell vehicles (FCVs) may reduce the demand for traditional internal combustion engines, affecting the market for engine mounts. However, as long as internal combustion engines remain in use, engine mounts will continue to be essential components.
Automotive Engine and Engine Mounts Market Segmentation By Engine Type
The market is segmented based on engine type, with internal combustion engines (ICE) and electric powertrains as the primary categories. While ICE engines remain prevalent, electric powertrains are gaining traction as the automotive industry shifts towards electrification. Engine mounts for electric powertrains are designed to manage vibrations and noise associated with electric motors.
Automotive Engine and Engine Mounts Market Segmentation By Vehicle Type
Passenger vehicles are expected to be a prominent growth area within the Automotive Engine and Engine Mounts Market. As consumers become more environmentally conscious, there is a growing demand for efficient and comfortable engines and engine mounts in passenger cars. Automakers are investing in advanced engine mount technologies to improve the driving experience.
Commercial vehicles, including trucks and buses, also represent an important application segment. These vehicles often have larger and more powerful engines, making engine mounts critical for reducing vibrations and ensuring driver comfort.
North America and Europe are anticipated to be significant drivers of global Automotive Engine and Engine Mounts Market growth. These regions have stringent emissions regulations and a strong focus on vehicle comfort and performance. Automakers in North America and Europe are investing in advanced engine technologies and engine mounts to meet these demands.
The market may face short-term challenges due to disruptions caused by the COVID-19 pandemic in vehicle production. However, the long-term trend towards cleaner vehicles and improved driving comfort is expected to drive continued demand for engine and engine mount technologies.
Automotive Engine and Engine Mounts Market Customer Landscape
The Automotive Engine and Engine Mounts Market report offers insights into the adoption patterns of the market, ranging from early adopters to laggards. The report examines adoption rates across different regions based on penetration levels. Moreover, the report delves into key criteria influencing purchase decisions and factors affecting price sensitivity. These insights assist companies in formulating effective strategies for market entry and growth.
Major Automotive Engine and Engine Mounts Market Companies
Prominent players in the Automotive Engine and Engine Mounts Market are implementing diverse strategies to strengthen their market presence. These strategies include research and development efforts to improve engine mount technology, collaborations with automakers, geographic expansion, and the introduction of innovative engine mount solutions.
Sample list of major companies in the market:
Qualitative and quantitative analyses of these companies offer valuable insights into the competitive landscape. This analysis enables stakeholders to comprehend market dynamics and assess the strengths and weaknesses of key players. The categorization of companies based on their market focus and influence provides a comprehensive view of the competitive environment.
Segment Overview
The Automotive Engine and Engine Mounts Market report provides revenue forecasts on a global, regional, and country level. The report also includes an analysis of emerging trends and growth opportunities spanning from 2019 to 2032.
TABLE OF CONTENTS: GLOBAL Automotive Engine and Engine Mounts MARKET
Chapter 1. MARKET SYNOPSIS
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. EXECUTIVE SUMMARY
2.1. Summary Snapshot, 2016 – 2027
Chapter 3. INDICATIVE METRICS
3.1. Macro Indicators
Chapter 4. Automotive Engine and Engine Mounts MARKET SEGMENTATION & IMPACT ANALYSIS
4.1. Automotive Engine and Engine Mounts Segmentation Analysis
4.2. Industrial Outlook
4.3. Price Trend Analysis
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.5.1. Power Of Suppliers
4.5.2. Power Of Buyers
4.5.3. Threat Of Substitutes
4.5.4. Threat Of New Entrants
4.5.5. Competitive Rivalry
Chapter 5. Automotive Engine and Engine Mounts MARKET BY fuel type SIGHTS & TRENDS
5.1. Segment 1 Dynamics & Market Share, 2019 & 2027
5.2 Gasoline
5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.3 Diesel
5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.4 Natural Gas, & Hybrid
5.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 6. Automotive Engine and Engine Mounts MARKET BY Engine type INSIGHTS & TRENDS
6.1. Segment 2 Dynamics & Market Share, 2019 & 2027
6.2 L4
6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.3 L6
6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.4 V6
6.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.5 V8
6.5.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.5.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 7. Automotive Engine and Engine Mounts MARKET REGIONAL OUTLOOK
7.1. Automotive Engine and Engine Mounts Market Share By Region, 2019 & 2027
7.2. NORTH AMERICA
7.2.1. North America Automotive Engine and Engine Mounts Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.2. North America Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.3. North America Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.4. North America Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.5. U.S.
7.2.5.1. U.S. Automotive Engine and Engine Mounts Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.5.2. U.S. Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.5.3. U.S. Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.5.4. U.S. Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.6. CANADA
7.2.6.1. Canada Automotive Engine and Engine Mounts Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.6.2. Canada Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.6.3. Canada Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.6.4. Canada Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3. EUROPE
7.3.1. Europe Automotive Engine and Engine Mounts Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.2. Europe Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.3. Europe Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.4. Europe Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.5. GERMANY
7.3.5.1. Germany Automotive Engine and Engine Mounts Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.5.2. Germany Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.5.3. Germany Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.5.4. Germany Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.6. FRANCE
7.3.6.1. France Automotive Engine and Engine Mounts Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.6.2. France Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.6.3. France Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.6.4. France Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.7. U.K.
7.3.7.1. U.K. Automotive Engine and Engine Mounts Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.7.2. U.K. Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.7.3. U.K. Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.7.4. U.K. Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4. ASIA-PACIFIC
7.4.1. Asia Pacific Automotive Engine and Engine Mounts Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.2. Asia Pacific Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.3. Asia Pacific Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.4. Asia Pacific Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.5. CHINA
7.4.5.1. China Automotive Engine and Engine Mounts Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.5.2. China Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.5.3. China Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.5.4. China Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.6. INDIA
7.4.6.1. India Automotive Engine and Engine Mounts Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.6.2. India Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.6.3. India Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.6.4. India Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.7. JAPAN
7.4.7.1. Japan Automotive Engine and Engine Mounts Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.7.2. Japan Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.7.3. Japan Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.7.4. Japan Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.8. AUSTRALIA
7.4.8.1. Australia Automotive Engine and Engine Mounts Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.8.2. Australia Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.8.3. Australia Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.8.4. Australia Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.5. MIDDLE EAST AND AFRICA (MEA)
7.5.1. Mea Automotive Engine and Engine Mounts Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.5.2. Mea Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.5.3. Mea Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.5.4. Mea Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.6. LATIN AMERICA
7.6.1. Latin America Automotive Engine and Engine Mounts Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.6.2. Latin America Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.6.3. Latin America Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.6.4. Latin America Automotive Engine and Engine Mounts Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)
7.6.5. Latin America Automotive Engine and Engine Mounts Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
Chapter 8. COMPETITIVE LANDSCAPE
8.1. Market Share By Manufacturers
8.2. Strategic Benchmarking
8.2.1. New Product Launches
8.2.2. Investment & Expansion
8.2.3. Acquisitions
8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures
8.3. Vendor Landscape
8.3.1. North American Suppliers
8.3.2. European Suppliers
8.3.3. Asia-Pacific Suppliers
8.3.4. Rest Of The World Suppliers
Chapter 9. COMPANY PROFILES
9.1 Nissan (Japan)
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2 Maruti Suzuki (India)
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3 Tata Motors (India)
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
9.4 Company 4
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Insights
9.4.4. Strategic Initiatives
9.5 Company 5
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Insights
9.5.4. Strategic Initiatives
9.6 Company 6
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Insights
9.6.4. Strategic Initiatives
9.7 Company 7
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Insights
9.7.4. Strategic Initiatives
9.8 Company 8
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Insights
9.8.4. Strategic Initiatives
9.9 Company 9
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Insights
9.9.4. Strategic Initiativesn
9.10 Company 10
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Insights
9.10.4. Strategic Initiatives
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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