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Internal Combustion Engine Market Size, Share & Trends Analysis Report By Fuel (Petroleum And Natural Gas), By End-use, By Region, And Segment Forecasts, 2022 - 2030

June 2022 | 120 pages | ID: I0B406D7500DEN
Grand View Research, Inc.

US$ 4,950.00

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Internal Combustion Engine Market Growth & Trends

The global internal combustion engine market is expected to reach 370,693.0 thousand units by 2030 registering a CAGR of 9.3% during the forecast period, according to a new report by Grand View Research, Inc. Rising disposable income in various nations and increased automobile use throughout the world are a major factor driving the market.

A spike in technological advancement in internal combustion engine (ICE) in terms of pollution, fuel efficiency, and performance is expected to boost demand by 2030. Additionally, the lack of electric vehicle charging infrastructure worldwide coupled with increasing output of shale gas and growing demand for ICE in defense vehicles such as submarines and ships is further driving the market growth. The demand for ICE is also experiencing enlargement due to the application in end use sectors such as mining and construction.

Due to rigorous legislative requirements for fuel efficiency, manufacturing companies are trying to produce high-speed and high-power engines with maximum customer satisfaction along with minimal environmental consequences and exhaust emissions. Despite these efforts, governments throughout the world, notably in the automobile sector, are raising the alert for IC engines.

For instance, the France, United Kingdom, India, Norway, and the Netherlands plan to prohibit the sale of ICE by 2025. Similarly, countries such as Germany and China are also planning to ban sale ICE but, they have not defined timeline. The petroleum segment is expected to develop by a steady growth rate due to the increasing automotive industry in the developing countries. Moreover, gasoline engines are also pushing the market growth as these engines produce less noise and vibration.

IC engines are now combined with hybrid electric power trains to improve fuel efficiency, owing to the advancement of electric vehicle technology. To increase the plug-in hybrid electric vehicle offering, these engines are also paired with plug-in hybrid electric systems.

Internal Combustion Engine Market Report Highlights
  • The internal combustion engine market is expected to reach 370,693.0 thousand units by 2030 with a CAGR of 9.3% during the forecasted period owing to the increase in passenger and commercial vehicle sale
  • The petroleum segment is expected to grow at a steady growth rate owing to the increasing automotive industry in the developing countries
  • Additionally, growing technical developments, modernization of production processes, and increased research and development efforts in the industry will generate new possibilities for the IC engine market during the upcoming years
  • The increasing price of crude oil, stringent emission norms, fuel supply security, and noise pollution have compelled OEM to shift their focus toward the natural gas and hydrogen-based engines
CHAPTER 1. METHODOLOGY & SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

CHAPTER 3. MARKET VARIABLES, TRENDS, AND SCOPE

3.1. Penetration And Growth Prospect Mapping
3.2. Industry Value Chain Analysis
3.3. Global Internal Combustion Engine in Market Dynamics
  3.3.1. Market Driver Analysis
  3.3.2. Market Restraints Analysis
3.4. Internal Combustion Engine Market Key Company Analysis, 2021
3.5. Market Analysis Tools
  3.5.1. Internal Combustion Engine Industry Analysis - Porter’s
  3.5.2 Internal Combustion Engine Industry Analysis - PEST Analysis
3.6. Impact Of COVID-19 On Internal Combustion Engine Market

CHAPTER 4. INTERNAL COMBUSTION ENGINE MARKET: FUEL TYPE OUTLOOK

4.1. Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Volume, Thousand Units)
  4.1.1. Petroleum
    4.1.1.1. Market Estimates and Forecasts by Region, 2018 - 2030 (Volume, Thousand Units)
  4.1.2. Natural Gas
    4.1.2.1. Market Estimates and Forecasts by Region, 2018 - 2030 (Volume, Thousand Units)

CHAPTER 5. INTERNAL COMBUSTION ENGINE MARKET: END-USE TYPE OUTLOOK

5.1. Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Volume, Thousand Units)
  5.1.1. Automotive
    5.1.1.1. Market Estimates and Forecasts by Region, 2018 - 2030 (Volume, Thousand Units)
  5.1.2. Marine
    5.1.2.1. Market Estimates and Forecasts by Region, 2018 - 2030 (Volume, Thousand Units)
  5.1.3. Aircraft
    5.1.3.1. Market Estimates and Forecasts by Region, 2018 - 2030 (Volume, Thousand Units)

CHAPTER 6. INTERNAL COMBUSTION ENGINE MARKET: REGIONAL OUTLOOK

6.1. Internal Combustion Engine Market, By Region, 2021 & 2030
6.2. North America
  6.2.1. North America market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
  6.2.2. North America market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
  6.2.3. U.S.
    6.2.3.1. U.S. market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
    6.2.3.2. U.S. market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
  6.2.4. Canada
    6.2.4.1. Canada market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
    6.2.4.2. Canada market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
6.3. Europe
  6.3.1. Europe market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
  6.3.2. Europe market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
  6.3.3. Germany
    6.3.3.1. Germany market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
    6.3.3.2. Germany market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
  6.3.4. U.K.
    6.3.4.1. U.K. market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
    6.3.4.2. U.K. market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
  6.3.5. Italy
    6.3.5.1. Italy market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
    6.3.5.2. Italy market estimates and forecasts, by end use, 2018 - 2030 (Volume, Thousand Units)
  6.3.6. France
    6.3.6.1. France market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
    6.3.6.2. France market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
6.4. Asia Pacific
  6.4.1. Asia Pacific market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
  6.4.2. Asia Pacific market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
  6.4.3. China
    6.4.3.1. China market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
    6.4.3.2. China market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
  6.4.4. India
    6.4.4.1. India market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
    6.4.4.2. India market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
  6.4.5. Japan
    6.4.5.1. Japan market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
    6.4.5.2. Japan market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
  6.4.6. South Korea
    6.4.6.1. South Korea market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
    6.4.6.2. South Korea market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
6.5. Latin America
  6.5.1. Latin America market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
  6.5.2. Latin America market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
  6.5.3. Brazil
    6.5.3.1. Brazil market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
    6.5.3.2. Brazil market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
  6.5.4. Mexico
    6.5.4.1. Mexico market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
    6.5.4.2. Mexico market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)
6.6. Middle East & Africa
  6.6.1. Middle East & Africa market estimates and forecasts, by fuel type, 2018 - 2030 (Volume, Thousand Units)
  6.6.2. Middle East & Africa market estimates and forecasts, by end use type, 2018 - 2030 (Volume, Thousand Units)

CHAPTER 7. COMPETITIVE LANDSCAPE

7.1 AGCO Corporation
  7.1.1 Company Overview
  7.1.2 Financial Performance
  7.1.3 Product Benchmarking
  7.1.4 Recent Developments
7.2 Ashok Leyland Ltd
  7.2.1 Company Overview
  7.2.2 Financial Performance
  7.2.3 Product Benchmarking
  7.2.4 Recent Developments
7.3 Robert Bosch GmbH
  7.3.1 Company Overview
  7.3.2 Financial Performance
  7.3.3 Product Benchmarking
  7.3.4 Recent Developments
7.4 Caterpillar Incorporated
  7.4.1 Company Overview
  7.4.2 Financial Performance
  7.4.3 Product Benchmarking
  7.4.4 Recent Developments
7.5 Cummins Inc.
  7.5.1 Company Overview
  7.5.2 Financial Performance
  7.5.3 Product Benchmarking
  7.5.4 Recent Developments
7.6 General Motors Co
  7.6.1 Company Overview
  7.6.2 Financial Performance
  7.6.3 Product Benchmarking
  7.6.4 Recent Developments
7.7 Kirloskar Oil Engines Ltd.
  7.7.1 Company Overview
  7.7.2 Financial Performance
  7.7.3 Product Benchmarking
  7.7.4 Recent Developments
7.8 Mahindra Heavy Engine
  7.8.1 Company Overview
  7.8.2 Financial Performance
  7.8.3 Product Benchmarking
  7.8.4 Recent Developments
7.9 MAN SE
  7.9.1 Company Overview
  7.9.2 Financial Performance
  7.9.3 Product Benchmarking
  7.9.4 Recent Developments
7.10 Navistar International Corporation
  7.10.1 Company Overview
  7.10.2 Financial Performance
  7.10.3 Product Benchmarking
  7.10.4 Recent Developments
7.11 Rolls-Royce Holding plc
  7.11.1 Company overview
  7.11.2 Financial Performance
  7.11.3 Product Benchmarking
  7.11.4 Recent Developments
7.12 Shanghai Diesel Engine Company
  7.12.1 Company overview
  7.12.2 Financial Performance
  7.12.3 Product Benchmarking
  7.12.4 Recent Development
7.13 Toyota Motor Corporation
  7.13.1 Company Overview
  7.13.2 Financial Performance
  7.13.3 Product benchmarking
  7.13.4 Recent Developments
7.14 Volkswagen AG
  7.14.1 Company Overview
  7.14.2 Financial Performance
  7.14.3 Product Benchmarking
  7.14.4 Recent Developments
7.15 Volvo AB
  7.15.1 Company Overview
  7.15.2 Financial Performance
  7.15.3 Product Benchmarking
  7.15.4 Recent Developments


LIST OF TABLES

Table 1 List of abbreviations
Table 2 Internal combustion engine market, 2018 - 2030 (Volume, Thousand Units)
Table 3 Internal combustion engine market by region, 2018 - 2030 (Volume, Thousand Units)
Table 4 Internal combustion engine market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 5 Internal combustion engine market by end use type, 2018 - 2030 (Volume, Thousand Units)
Table 6 Petroleum market by region, 2018 – 2030 (Volume, Thousand Units)
Table 7 Natural gas market by region, 2018 - 2030 (Volume, Thousand Units))
Table 8 Automotive market by region, 2018 - 2030(Volume, Thousand Units)
Table 9 Aircraft market by region, 2018 - 2030 (Volume, Thousand Units)
Table 10 Marine market by region, 2018 - 2030 (Volume, Thousand Units)
Table 11 North America market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 12 North America market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 13 U.S. market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 14 U.S. market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 15 Canada market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 16 Canada market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 17 Europe market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 18 Europe market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 19 U.K. market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 20 U.K. market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 21 Germany market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 22 Germany market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 23 France market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 24 France market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 25 Italy market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 26 Italy market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 27 Asia Pacific market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 28 Asia Pacific market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 29 China market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 30 China market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 31 India market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 32 India market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 33 Japan market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 34 Japan market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 35 South Korea market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 36 South Korea market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 37 Latin America market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 38 Latin America market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 39 Brazil market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 40 Brazil market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 41 Mexico market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 42 Mexico market by end use, 2018 - 2030 (Volume, Thousand Units)
Table 43 Middle East & Africa market by fuel type, 2018 - 2030 (Volume, Thousand Units)
Table 44 Middle East & Africa market by end use, 2018 - 2030 (Volume, Thousand Units)




LIST OF FIGURES

Fig. 1 Internal combustion engine market research methodology
Fig. 2 Internal combustion engine market data triangulation technique
Fig. 3 Internal combustion engine market primary research scope
Fig. 4 Internal combustion engine market: Market segmentation
Fig. 5 Internal combustion engine market: Market snapshot
Fig. 6 Internal combustion engine market: Value chain analysis
Fig. 7 Internal combustion engine market: Penetration and growth prospect mapping
Fig. 8 Internal combustion engine market: Key company analysis
Fig. 9 Internal combustion engine market: PESTLE analysis
Fig. 10 Internal combustion engine market: Porter's five forces analysis
Fig. 11 Internal combustion engine market: fuel type segment analysis, 2018 - 2030 (Volume, Thousand Units)
Fig. 12 Internal combustion engine market: end-use type segment analysis, 2018 - 2030 (Volume, Thousand Units)
Fig. 13 Internal combustion engine market: regional segment analysis, 2018 - 2030 (Volume, Thousand Units)
Fig. 14 Internal combustion engine market: North America regional analysis, 2018 - 2030 (Volume, Thousand Units)
Fig. 15 Internal combustion engine market: Europe regional analysis, 2018 - 2030 (Volume, Thousand Units)
Fig. 16 Internal combustion engine market: Asia Pacific regional analysis, 2018 - 2030 (Volume, Thousand Units)
Fig. 17 Internal combustion engine market: Latin America regional analysis, 2018 - 2030 (Volume, Thousand Units)
Fig. 18 Internal combustion engine market: Middle East & Africa regional analysis, 2018 - 2030 (Volume, Thousand Units)


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