What is the current Automotive Engine Market size?

The Automotive Engine Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029) Read More

Who are the key players in Automotive Engine Market?

Cummins Inc., Toyota Motor Corporation, General Motors, Volkswagen AG and Fiat Automobiles SpA are the major companies operating in the Automotive Engine Market. Read More

Which is the fastest growing region in Automotive Engine Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automotive Engine Market?

In 2024, the Asia-Pacific accounts for the largest market share in Automotive Engine Market. Read More

What years does this Automotive Engine Market cover?

The report covers the Automotive Engine Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Engine Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the emerging trends in the Automotive Engine Market?

Emerging trends in the Automotive Engine Market include: a) Shift towards electric and hybrid vehicles b) Development of downsized turbocharged engines c) Integration of advanced technologies like Artificial Intelligence (AI) & Machine Learning (ML) for better performance and efficiency Read More

Automotive Engine Market Share

Statistics for the 2023 & 2024 Automotive Engine market share, created by Mordor Intelligence™ Industry Reports. Automotive Engine share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Automotive Engine Industry

The automotive engine market is fragmented due to the numerous players in the market. The companies are launching more technologically advanced products to gain a competitive edge over other players. For instance:

In November 2021, Dongfeng Motor Company Limited announced that it had signed a cooperation agreement with Dongfeng Cummins Engine Co. Ltd. on a heavy-duty engine R&D and manufacturing project in Xiangyang National Hi-tech Industry Development Zone in Hubei Province.

Some of the key players in the market include Cummins Inc., Toyota Motor Corporation, Fiat Automobiles SpA, Volkswagen AG, MAN Energy Solutions, and General Motors.