Report forecast the global internal combustion engine market
to grow at a CAGR of 7% during the period 2017-2021.
Various types of combustion engines were developed and
tested during the second half of the 19th century. In the following decade,
many such engines were produced with a power delivery of 6 HP and efficiency
around 5%. This was followed by the introduction of the Otto-Langen engines in
1867 with enhanced efficiency up to 10%. It was during this time that the basic
four-stroke engines that are used in modern day automobiles evolved and were
considered as the best design.
The report covers the present scenario and the growth
prospects of the global internal combustion engine market for 2017-2021. To
calculate the market size, the report discusses the major drivers influencing
market growth and the challenges faced by the market as a whole.
The market is divided into the following segments based
on geography:
- Americas
- APAC
- EMEA
According to the report, one driver in market is growing
demand for diesel generators. Emergency backup generators can prove to be a
lifeline in times of crisis. Power outages even for a few minutes can imperil
public health and safety as critical services come to an operational halt.
Blackouts also prove to be detrimental to business, resulting in loss of
revenue due to the failure to carry out normal operations. In times of power
outages due to grid failure, emergency backup generators provide respite to
residential as well as commercial and industrial end-users with reliable,
instant, and full strength electric power.
Further, the report states that one challenge in market is
availability of alternate fuel-powered vehicles. The increased emphasis on
reducing emissions and undoing climate change has led to increased adoption of
electric vehicles. These vehicles run on electricity. They are equipped with
batteries that store electrical energy required to operate the vehicle. These
batteries can be charged at charging stations, and the rise in the number of
charging stations facilitates the growing demand for electric vehicles, thus
making their use convenient. The running of an Electric Vehicle (EV) causes no
pollution. Also, many EVs have regenerative braking, which enhances their
efficiency. Even when the vehicle slows down, the motor continues to operate
and the power is fed back to the battery, thereby ensuring that it charges.
Automotive giants like BMW, Volkswagen, and Ford have established their firm
place in this segment. The governments of the US and China, considered top
emitters of greenhouse gases, are taking initiatives to promote the adoption of
these vehicles.
Global Internal Combustion 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.
key players in the global internal combustion engine market:
Caterpillar, Cummins, Doosan Infracore, Hyundai Machinery, and MAN.
Other Prominent Vendors in the market are: AGCO Power,
Andreas Stihl, Ashok Leyland, BMW, Bombardier, Briggs & Stratton, CNH
Industrial, Cooper, Cummins, Daimler, Detroit Diesel, Deutz, Dolmar, Eicher
Motors, Emak, FCA US, Fiat Powertrain Technologies, Ford Motor Company, GE
Power, Greaves Cotton, Hatz Diesel, Hino Motors, Honda, Husqvarna, Isuzu, JCB,
John Deere, Kawasaki, Kirloskar, Kohler, Komatsu, Kubota, Liebherr, Lombardini,
Lycoming Engines, Mercedes-Benz, Mitsubishi Turbocharger and Engine, Moteurs
Baudouin, MTU, Navistar, PACCAR, Perkins, Rolls Royce, Scania, Simpson and
Company, Solo, STEYR MOTORS, Suzuki, Toro, Toyota, Volkswagen, Volvo, Volvo
Penta, Wacker Neuson, WärtsiläWartsila, Weichai Power, Yamabiko, Yamaha,
Yanmar, and Zetor.
Market driver
- Growth in non-automotive diesel engine market.
- For a full, detailed list, view our report
Market challenge
- Availability of alternate fuel-powered vehicles.
- For a full, detailed list, view our report
Market trend
- Development of homogeneous charge compression ignition (HCCI) engines.
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 83 pages and 41 Exhibits “Global
Internal Combustion Engine Market 2017 - 2021” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
landscape, Market segmentation by application, Geographical segmentation,
Market drivers, Impact of drivers, Market challenges, Impact of drivers and
challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
For
more information Visit at: http://mrr.cm/3j8
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