Global Automotive Engine Market 2017: Driven by the Growing Popularity of Hybrid Engines

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Oct 20, 2017, 10:00 ET

DUBLIN, October 20, 2017 /PRNewswire/ --

The "Global Automotive Engine Market 2017-2021" report has been added to Research and Markets' offering.

The report forecasts the global automotive engine market to grow at a CAGR of 3% during the period 2017-2021.

The report, Global Automotive Engine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is development of multi-fuel engines. Engines capable of running on two or more different fuels with similar effectiveness and emissions are called multi-fuel engines. Usually, multi-fuel engines work on the combination of wide variety of fuels ranges from diesel oil, crude oil to lighter oils such as gasoline. It should have a high compression ratio as gasoline has low cetane numbers.

According to the report, one driver in the market is increase in engine downsizing. The power of an automobile is determined by its engine size. The number of liters displaced on the car piston with the engine cylinders was the basis of the design of the engine. There was a combination of improvements to the entire engine design to make it more efficient. The downsizing is one of those improvements, and use of turbochargers with compressor blades that reduce the delay in initial acceleration is another. Downsized turbocharged engines increase torque and reduce fuel consumption.

Further, the report states that one challenge in the market is high cost associated with new vehicle development. The development of new vehicle models involves the designing of new chassis and body, suspension, and control systems. The new models must be tested to validate if they meet the expected performance requirements, aerodynamics, and durability standards. Testing procedures incur high costs as they are conducted using prototypes and computers by using specific software. Significant investments are required to provide logistics of human resources and materials required for testing.

Market Trends:

Development of multi-fuel engines
Emergence of HCCI engine
Introduction of cylinder deactivation or variable displacement engines
Growing popularity of hybrid engines

Key vendors

Cummins
General Motors
Fiat
Ford Motor Company
Toyota
Volkswagen

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Engine Type

Part 07: Market Segmentation By Arrangement Of Cylinder

Part 08: Market Segmentation By Geography

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Key Vendor Analysis

Part 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/xvvwbn/global_automotive

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SOURCE Research and Markets