Engine is the core part of a vehicle’s powertrain and among the most complex components of an automobile. With evolving emission norms and ever-increasing demand for improving performance, engine and exhaust systems are at the f ....see more
The diesel exhaust fluid market is expected to grow from USD 34.4 billion in 2022 to USD 50.0 billion by 2027, at a CAGR of 7.8% during the forecast period. TotalEnergies (France), Shell PLC (The Netherlands), BASF SE (Germany), Brenntag AG (Germany) and China Petrochemical Corporation (Sinopec) (China) are the major companies operating in the global diesel exhaust fluid market. These companies adopted expansion strategies and used mergers & acquisitions to gain traction in the diesel exhaust fluid market.
The Exhaust System Market is expected to grow from USD 36.9 billion in 2021 to USD 47.9 billion by 2026, at a CAGR of 5.3% during the forecast period. Tenneco Inc.(US), Faurecia (France), Eberspächer (Germany), Friedrich Boysen GMBH & CO. KG (Germany), and BENTELER International (Austria) are the major companies operating in the global exhaust system market. These companies adopted new product development, and expansion strategies to gain traction in the exhaust system market.
automotive charge air cooler market is is expected to grow from USD 2.8 Billion in 2021 to USD 3.9 Billion by 2026, at a compound annual growth rate (CAGR) of 7.1% during the forecast period.MAHLE GmbH (Germany), T. RAD Co. Ltd. (Japan), Dana Incorporated (US), Valeo (France), and Modine Manufacturing Company (US).
The Automotive Engine Management System Market is expected to grow from USD 58.8 billion in 2020 to USD 63.2 billion by 2025, at a CAGR of 1.5% during the forecast period. The engine management system market is dominated by global players and comprises several regional players as well. The key players in the engine management system market are Robert Bosch (Germany), Continental AG (Germany), Denso (Japan), BorgWarner (US), and Hitachi Automotive (Japan), Infineon technologies (Germany), Hella (Germany), Sanken (Japan), NGK spark plug (Japan).
The Automotive Piston Market is expected to grow from USD 1.9 billion in 2020 to USD 2.2 billion by 2025, at a CAGR of 3.5% during the forecast period. The automotive piston market is dominated by global players and comprises several regional players as well. The key players in the automotive piston industry are MAHLE GmbH (Germany), Aisin Seiki Co., Ltd. (Japan), Rheinmetall Automotive AG (Germany), Tenneco Inc. (US), and Art Metal Mfg. Co. Ltd. (Japan).
The global cylinder deactivation system market is expected to be valued at USD 5.1 billion by 2025, at a CAGR of 1.9% during the forecasting period. The major market players include Eaton (Ireland), Delphi Technologies (UK), Schaeffler (Germany), Bosch (Germany), and Continental (Germany).
The OE diesel particulate filter market is projected to grow at a CAGR of 11.29% during the forecast period. From an estimated market size of USD 10.55 billion in 2018, it is projected to reach a market size of USD 24.81 billion by 2025. The DPF aftermarket is projected to grow at a CAGR of 3.89% during the forecast period, from an estimated market size of USD 15.18 billion in 2018 to USD 20.59 billion by 2025. This growth can be attributed to the increasing stringency of emission regulations. The diesel particulate filter market consists of manufacturers such as Faurecia (France), Tenneco (US), Eberspaecher (Germany), BASF (Germany), Johnson Matthey (UK), Continental (Germany), Bosal (Belgium), Denso (Japan), Friedrich Boysen (Germany), and NGK Insulators (Japan).
The automotive gearbox market is projected to grow at a CAGR of 4.24% from 2018 to 2025. The market for automotive gearbox is estimated to be USD 103.55 Billion in 2018 and is projected to reach USD 138.52 Billion by 2025. The increasing preference for enhanced driving experience and smooth gear shifting is driving the growth of the automotive gearbox market. The report covers all the major players in the automotive gearbox market, including ZF Friedrichshafen (Germany), Aisin Seiki (Japan), Magna (Getrag) (Canada), Schaeffler (Germany), and BorgWarner (US).
The hydrostatic fan drive system market for automotive is projected to grow at a CAGR of 6.80% from 2018 to 2025. The market for automotive hydrostatic fan drive systems is estimated to be USD 144.8 Million in 2018 and is projected to reach USD 229.6 Million by 2025. The key growth drivers of this market are the growing demand for an independent, compact, and silent engine cooling system for off-highway vehicles and the increasingly stringent emission regulations that have accentuated the demand for a fuel-efficient engine cooling system. The report covers all the major players in the automotive hydrostatic fan drive system market, including established players such as Eaton (Ireland), Parker Hannifin (US), JTEKT (Japan), Bosch (Germany), and Danfoss (Denmark). The report also comprises a few other players such as Concentric (Sweden), Bucher Hydraulics (Germany), Hawe Hydraulik (Germany), Walvoil (Italy), Bondioli & Pavesi (Italy), Enovation Controls (US), Hydac International (Germany), Casappa (Italy), Hydrosila Group (Ukraine), Axiomatic Technologies (Canada), Avid Impex (India), Quality Hydraulics & Pneumatics (US), and Hydraforce Hydraulics (US).
The timing belt market is estimated to be USD 5.90 Billion in 2016 and is projected to grow at a CAGR of 5.21% from 2017 to 2025. Increase in vehicle production and rising adoption of direct injection is driving the growth of the timing belt market. In this study, 2016 has been considered the base year, and 2017 to 2025 the forecast period, for estimating the size of the timing belt market. The timing belt market is dominated by a few global players. Some of the key players in the timing belt market are Continental (Germany), SKF (Sweden), BorgWarner (US), Tsubakimoto Chain (Japan), and others.
The gasoline direct injection market for automotive is driven by the demand for fuel-efficient vehicles with high power. However, increased power output can decrease the fuel efficiency of the engine and increase tailpipe emissions. The existing emission standards (such as Euro 5 & 6 in European countries) have reduced the tailpipe emission limits. Gasoline direct injection is an advanced technology that injects highly pressurized (200 bar) fuel directly into the combustion chamber to improve the fuel efficiency and performance boost. The Gasoline direct injection market is estimated to be USD 4.60 Billion in 2016 and is projected to reach USD 11.28 Billion by 2025, at a CAGR of 9.94% from 2017 to 2025. The key companies profiled in the study are Denso (Japan), Delphi (UK), Robert Bosch (Germany), Continental (Germany), Magneti Marelli (Italy), Stanadyne (US), Keihin (Japan), Park-Ohio (US), Hitachi (Japan), and Renesas (Japan).
The antifreeze market for original equipment is projected to grow at a CAGR of 5.18% during the forecast period, to reach USD 885.1 Million by 2021. The increase in vehicle sales and production is expected to drive the demand for the antifreeze market. In addition, growing vehicle parc and increase in miles traveled per year per country are the key factors fueling the demand for antifreeze in the aftermarket.
The global battery market is projected to grow at a CAGR of 4.15% to reach a market size of 17.26 Billion by 2021. The base year for the study is 2015, and the forecast period is from 2016 to 2021. The market size in terms of value for batteries in Asia-Oceania is estimated to reach USD 9.51 Billion by 2021, owing to increasing vehicle production and aircraft shipments. The size of the North American battery market in terms of value is estimated to reach USD 3.74 Billion by 2021 witnessing a CAGR of 4.16% during the forecast period. The global battery market has been segmented by automotive application (passenger car, LCV and HCV), by two wheeler application (motorcycle and scooter), by aerospace application (general aviation and commercial aviation), by marine application (passenger, cargo and tanker), and by region (Asia-Oceania, Europe, North America, and RoW). The report also covers market for automotive batteries by type (lead acid, Ni-MH and Li-Ion).
The global injector nozzle market is projected to grow from USD 3.95 Billion in 2015 to USD 5.33 Billion by 2020, at a CAGR of 6.2% from 2015 to 2020. Increasing need to conserve conventional fuel, rising demand of fuel-efficient vehicles, and significant growth in the passenger cars segment are factors driving the growth of the injector nozzle market. In this report, the global injector nozzle market is segmented by fuel type into gasoline and diesel; by vehicle type into passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs); by technology into gasoline port fuel injection, gasoline direct injection, and diesel direct injection; and by region into Europe, North America, Asia-Oceania, and rest of the world. In this report, 2014 is considered as the base year, 2015 as the estimated year, and 2015 to 2020 as the forecast period.
The global automotive engine market is projected to grow at a CAGR of 6.03%, from USD 63.36 Billion in 2015 to USD 84.91 Billion by 2020. Meanwhile, the global engine mounts market is projected to grow at a CAGR of 6.38%, from USD 3.62 Billion in 2015 to USD 4.93 Billion by 2020. In this study, 2014 has been considered as the base year, and 2015 to 2020 as the forecast period for estimating the market size of the automotive engine and engine mounts market. The study segments the automotive engine and engine mount market on the basis of fuel type, engine type, vehicle type, and region.
The automotive exhaust aftertreatment systems market is estimated to be 141,366.05 Thousand units in 2015, and is projected to reach 206,430 thousand units by 2020, growing at a CAGR of 7.87% during the forecast period. The automotive exhaust aftertreatment systems market has witnessed considerable growth in countries such as the U.S., China, India, and Mexico, owing to progressively stringent safety norms and increasing vehicle production. Stakeholders that would be affected by stringent emission regulations include vehicle manufacturers, component manufacturers, consumers, downstream stakeholders, and government regulatory bodies. The parameters that determine the exhaust emissions from vehicles are vehicular technology, quality of fuel, inspection and maintenance of the vehicle, and traffic management. Upcoming stringent automotive regulations are expected to create a strong link between the automotive industry and its stakeholders.
The off-highway vehicle engine market size is projected to grow at a promising CAGR of 7.65% during the forecast period, to reach USD 38.93 Billion by 2020. Rising mechanization in agriculture and growth in infrastructure activities are some of the drivers fueling growth in sales of off-highway vehicle engines, globally.
The global automotive belt & hose market, in terms of value, is projected to grow from USD 14.6 Billion in 2015 to 20.2 Billion by 2020 at a CAGR of 6.69%. The size of the global automotive belt & hose market in terms of value is estimated to grow at CAGRs of 6.09% and 6.82% respectively from 2015to 2020. In the past, classical chain drives were used to synchronize the crank and cam shafts. Later, in 1970, synchronized belt drive systems were introduced when overhead camshafts were introduced. Further developments in engine design and technology resulted in the use of a single belt known as the serpentine belt to power all the engine accessories.
The starter motor cranks up the engine for initial starting, while the alternator provides the power required for the vehicle electronics. The growth of the starter motor and alternator market can be linked to the increasing vehicle production and rising demand for vehicle electrification. The Alternator market is projected to grow at a CAGR of 5.38% from 2015 to 2020 to reach a value USD 8,871.5 Million by 2020. On the other hand, the market for starter motor is estimated to reach USD 9,087.3 Million by 2020, growing at a CAGR of 5.22%.
Sensors are an integral part of automobiles and play a key role in driving efficiency, safety, comfort, and emission control. They have various automotive applications, right from the engine to the exhaust system. The growth of automotive sensors can be directly attributed to the increasing use of electronics in the automotive industry for safety, driving control, emission control, and luxury. Emission sensors are a commercially attractive segment of the overall automotive sensors market and are estimated to grow at a CAGR of 6.59% from 2015 to 2020. Asia-Oceania is estimated to be the largest market for exhaust sensors.The automotive exhaust sensor market is projected to reach USD 35,714.7 Million by 2020 from USD 25,961.8 Million in 2015.
Oil and fuel filters are mandatory components in a vehicle. These filters have a limited life span, which has led to growing demand for them in both the OE market and the aftermarket. The global automotive OE oil and fuel filter market, in terms of value, is estimated to grow at a CAGR of 6.64% from 2015 to 2020. The growing demand for vehicles in the BRICS nations, increasingly stringent emission and efficiency regulations, and increase in the average miles travelled per year, and increasing vehicle parc are key factors driving the oil and fuel filter OE market as well as the aftermarket. The automotive oil and fuel filter market size is projected to grow at a CAGR of 6.64 % from 2015 to 2020 to reach $1,006.4 Million by 2020.
The downsizing of engine and reducing the weight of the components has resulted into many innovations in fuel delivery system. The function of the fuel delivery system is to store and supply fuel to the engine. The engine intake system is where the fuel is combined with air, atomized, and vaporized. Then it is compressed in the engine cylinder and ignited to produce energy. A fuel delivery system consists of a number of essential components that plays significant role in the proper delivery of fuel. The automotive fuel delivery system market is projected to grow at a CAGR of 5.93% from 2014–2019 and reach $3.61 Billion by 2019.
The global Automotive Gasket and Seal Market estimated a market value of around $ 8,877.5 million by 2015 and poised to reach $12,362 Million by 2020 at a CAGR of 6.85% from 2015–2020. The automotive gaskets and seals are used in many assemblies of a vehicle for filling the gap between two components to ensure that there is no leakage between them during the compression stage. With increasing concern over environmental changes, the automotive industry is developing new and improved components to push fuel-efficiency of vehicles.