The regional segmentation of the global Automotive Engine Market Size, segments the market into regional markets known as North America, Europe, Asia Pacific, and rest of the world. According to the report, Asia Pacific is the leading market and estimated to grow during the forecast period. Holding the biggest share in the global market, it is growing with good speed. The reasons for the market growth in this region include rapid expansion in the automotive industry of the developing nations, and original equipment manufacturer (OEM) developing technologically advanced powered engines to gain high torque and performance. The most important country-specific markets in this region are China, India, and Japan, followed by the rest of the Asia Pacific region.
Markets in North America and Europe are expected to show limited growth because the presence of long-established original equipment manufacturers has already been established in these regions. Therefore, a strong base for the robust development and growth of the Automotive Engine Market Size, can be seen. Many key players of this market are based in Europe and North America. In North America, the most important country-specific markets are the United States of America (USA) and Canada, followed by the rest of North America. The USA is the strongest economy in North America. In Europe, the significant country-specific markets are France, Germany, Italy, and the United Kingdom (UK), followed by the rest Of Europe.
The key players in the global Automotive Engine Market Size, include AB Volvo (Sweden), Cummins Inc. (USA), Fiat S.PA. (Italy), Ford Motor Company (USA), General Motors (USA), Honda (Japan), Hyundai Motor Company (South Korea), Mitsubishi Heavy Industries (Japan), Scania AB (Sweden), and Volkswagen Group (Germany).
Latest Industry News
- Mazda is set to launch its first Electric Vehicles (EV) in 2020 as part of its 'Sustainable Zoom-Zoom 2030' long-term technology development programme. These vehicles will have automotive engines. 2 OCT 2018
- Dacia has announced the release of a new range of automotive engines in the near future. 2 OCT 2018
- Mazda has opened a new plant in Russia where automotive engines and its components would be manufactured. 26 SEP 2018.
Access Full Report With TOC @ https://www.marketresearchfuture.com/reports/automotive-engine-market-2166
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.