Automotive Engine Cylinder Block Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Automotive Engine Cylinder Block Market is Segmented by Material Type (Cast Iron and Aluminum alloy), Vehicle Type (Commercial and Passenger) and Geography.

Market Snapshot

Automotive Engine Cylinder Block Market_Overview
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: >15 %

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Market Overview

The Automotive Engine Cylinder Block Market is anticipated to register a CAGR of about 4%, during the forecast period (2020 – 2025).

  • The major factors driving the growth of automotive engine cylinder block market are increase in production and sales of vehicles during the forecast period, automotive OEMs downsizing their vehicles’ engine capacity to get more fuel efficiency, reduction in overall weight of the vehicle and strict government norms regarding emission control.
  • With an increase in sales and production of automobiles the market of automobile cylinder head will also increase as it is the heart of the automobile’s engine. With the increase in income levels of people across the world, more people are buying better and luxurious vehicles. In most of these vehicles, the size of the engine is comparatively larger which feature more cylinders. Even this factor is expected to help the market grow.

Scope of the Report

The automotive engine cylinder block market covers the latest trends and technological development in the automotive engine cylinder material type (Cast Iron and Aluminum alloy), vehicle type (Commercial and Passenger) and geography.

Material Type
Cast Iron
Aluminum Alloy
Vehicle Type
Passenger Vehicles
Commercial Vehicles
Geography
North America
United States
Canada
Rest of North America
Europe
Germany
United Kingdom
France
Rest of Europe
Asia Pacific
India
China
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Brazil
Mexico
United Arab Emirates
Other Countries

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Key Market Trends

Automotive OEMs Downsizing Engine will be a Restraint

The light weight passenger vehicle manufacturers are preferring downsizing the size of their engine capacity so that the fuel efficiency of the vehicle can be increased and also the strict emission norms can be followed as the small engine size burns less fuel and hence less carbon emissions. In December 2018, Ford introduced  Ecosport S Ecoboost downsizing the engine size to 1.0-litre turbocharged EcoBoost petrol engine.

This factor is praised by the end consumers also because these lightweight passenger vehicles are mainly used for commuting within a short radius and hence high-power engines are not desired by them. The gain for end customers in this category is overall low cost of the engine and increased fuel efficiency. But reducing the engine size will be a restraint for the market as the number of cylinders will be reduced.

Automotive Engine Cylinder Block Market_Key Market Trend1

Asia-Pacific is Expected to be the Largest Market

The region accounts for almost 60% of world’s population as well as major developing economies of the world like China, India. During the forecast period Asia-Pacific nations are expected to grow considerably which might see an increased demand for automobiles in the region. Also, people in this geography are replacing vehicles at a faster rate than it was a few years ago. Engine re-works and re-assembly are also popular in this region that will drive the growth of automotive engine cylinder blocks market. The players in the region are expanding aggressively to increase their supply capacity so that they can fulfill the OEMs and aftermarket demand. All these factors are expected to help Asia Pacific market register further growth.

Automotive Engine Cylinder Block Market_Key Market Trend2

Competitive Landscape

The Automotive engine piston rings market is fragmented, with several players vying for considerable share in the market. Some of the prominent companies in the Automotive Engine Cylinder Block market are Cummins, Perkin’s Engine Co., Fiat Chrysler automobiles and others.  Companies are investing heavily in research and development for the innovation of new and advanced products and technologies. In March 2020, Fiat Chrysler Automobiles announced that they will be investing USD 400million to use their transmission plant in Indiana to build engines.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porters Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Material Type

      1. 5.1.1 Cast Iron

      2. 5.1.2 Aluminum Alloy

    2. 5.2 Vehicle Type

      1. 5.2.1 Passenger Vehicles

      2. 5.2.2 Commercial Vehicles

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Japan

        4. 5.3.3.4 South Korea

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 Rest of the World

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Mexico

        3. 5.3.4.3 United Arab Emirates

        4. 5.3.4.4 Other Countries

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 Cummins

      2. 6.2.2 Perkin’s Engine company

      3. 6.2.3 Brodix

      4. 6.2.4 Deutz

      5. 6.2.5 Cooper Corp

      6. 6.2.6 Yasunaga corporation

      7. 6.2.7 Seaco Pvt Ltd

      8. 6.2.8 Fiat Chrysler Automobiles

      9. 6.2.9 Ahresty

      10. 6.2.10 Rico Auto

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Automotive Engine Cylinder Block Market market is studied from 2018 - 2026.

The Automotive Engine Cylinder Block Market is growing at a CAGR of >15% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

Cummins , Perkin’s Engine company, Yasunaga corporation, Fiat Chrysler Automobiles, Deutz are the major companies operating in Automotive Engine Cylinder Block Market.

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