Market Share of Asia Pacific Automotive Engine Industry
The Asia Pacific automotive engine market is a fragmented one and some of the major players are Toyota, Honda Motor Company, Maruti Suzuki, Toyota, etc. The companies are launching more technologically advanced products in the market. For instance;
- In July 2019 Hyundai motor group launched world's first Continuous Variable Valve Duration (CVVD) technology based engine Smartstream G1.6 T-GDi which increases the fuel efficiency by 5%, emission reduction by 12% and boost performance by 4%.
APAC Automotive Engine Market Leaders
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Toyota Industries Corporation
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AVL
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Hyundai Motor Group
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Fiat Chrysler Automotive Group
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Nissan Motor Corporation
*Disclaimer: Major Players sorted in no particular order