Engine Components Market size is valued at US$ 5,487.3 million in 2023 and is expected to grow at a significant CAGR of 6.3% from 2024-2030. The global market provides a detailed overview of the Engine Components Market and that can be segmented by Components and Applications. By components, the engine components market has been segmented into Valve Tappet/Roller Tappets, Screw Cap Assembly, Collet/Cotter, Retainer, and Others. The Valve Tappet/Roller Tappets segment is likely to be the largest and fastest-growing in terms of type. Based on the application, engine components market is segmented into Automotive, Agriculture, Construction and Mining Equipment, Marine, Stationary Engines, and Rolling Stock Diesel engines. Among these, the Automotive segment is expected to have the fastest-growing market during the forecast period 2022-2028 according to Precision Business Insights.
Study Period
2024-2030Base Year
2023CAGR
6.3%Largest Market
Asia PacificFastest Growing Market
North America
Increasing demand for engine components for a broad spectrum of applications across various industrial domains, including agriculture, marine, stationary engines, and automotive is expected to remain the key factor in driving the global engine components market.
By region, the Asia-Pacific market is expected to witness the highest market share during the forecast period due to the rising share of India, and China in manufacturing as well as the sale of IC engines along with the prevalence of various market players in the region while North America and Europe region will expect to grow in the engine components market during the forecast period of 2021-2028.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 5,487.3 million |
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Market CAGR |
6.3% |
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By Components |
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By Application |
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By Region |
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The engine components market size was valued at US$ 5,487.3 million in 2023
The engine components market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The engine components market key players are Decora Auto Forge Pvt Ltd, DNJ Engine Components, DREWCO Corporation, Eaton, EFC International, Federal-Mogul, STRADE, GT Technologies, Hangzhou Heng Ji Trading Co Ltd, Indo Schottle Pvt. Ltd, ITW Automotive
| 1.Executive Summary |
| 2.Global Engine Components Market Introduction |
| 2.1.Global Engine Components Market - Taxonomy |
| 2.2.Global Engine Components Market - Definitions |
| 2.2.1.Components |
| 2.2.2.Application |
| 2.2.3.Region |
| 3.Global Engine Components Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Engine Components Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Engine Components Market By Components, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Valve Tappet/Roller Tappets |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Screw Cap Assembly |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Collet/Cotter |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Retainer |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.Global Engine Components Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Automotive |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Agriculture |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Construction and Mining Equipment |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Marine |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Stationary Engines |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Rolling Stock Diesel Engine |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7.Global Engine Components Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Engine Components Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Components Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Valve Tappet/Roller Tappets |
| 8.1.2.Screw Cap Assembly |
| 8.1.3.Collet/Cotter |
| 8.1.4.Retainer |
| 8.1.5.Others |
| 8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Automotive |
| 8.2.2.Agriculture |
| 8.2.3.Construction and Mining Equipment |
| 8.2.4.Marine |
| 8.2.5.Stationary Engines |
| 8.2.6.Rolling Stock Diesel Engine |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Engine Components Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Components Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Valve Tappet/Roller Tappets |
| 9.1.2.Screw Cap Assembly |
| 9.1.3.Collet/Cotter |
| 9.1.4.Retainer |
| 9.1.5.Others |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Automotive |
| 9.2.2.Agriculture |
| 9.2.3.Construction and Mining Equipment |
| 9.2.4.Marine |
| 9.2.5.Stationary Engines |
| 9.2.6.Rolling Stock Diesel Engine |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10.Asia Pacific (APAC) Engine Components Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Components Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Valve Tappet/Roller Tappets |
| 10.1.2.Screw Cap Assembly |
| 10.1.3.Collet/Cotter |
| 10.1.4.Retainer |
| 10.1.5.Others |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Automotive |
| 10.2.2.Agriculture |
| 10.2.3.Construction and Mining Equipment |
| 10.2.4.Marine |
| 10.2.5.Stationary Engines |
| 10.2.6.Rolling Stock Diesel Engine |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Engine Components Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Components Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Valve Tappet/Roller Tappets |
| 11.1.2.Screw Cap Assembly |
| 11.1.3.Collet/Cotter |
| 11.1.4.Retainer |
| 11.1.5.Others |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Automotive |
| 11.2.2.Agriculture |
| 11.2.3.Construction and Mining Equipment |
| 11.2.4.Marine |
| 11.2.5.Stationary Engines |
| 11.2.6.Rolling Stock Diesel Engine |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Engine Components Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Components Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Valve Tappet/Roller Tappets |
| 12.1.2.Screw Cap Assembly |
| 12.1.3.Collet/Cotter |
| 12.1.4.Retainer |
| 12.1.5.Others |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Automotive |
| 12.2.2.Agriculture |
| 12.2.3.Construction and Mining Equipment |
| 12.2.4.Marine |
| 12.2.5.Stationary Engines |
| 12.2.6.Rolling Stock Diesel Engine |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Decora Auto Forge Pvt Ltd |
| 13.2.2.DNJ Engine Components |
| 13.2.3.DREWCO Corporation |
| 13.2.4.Eaton |
| 13.2.5.EFC International |
| 13.2.6.Federal-Mogul |
| 13.2.7.STRADE |
| 13.2.8.GT Technologies |
| 13.2.9.Hangzhou Heng Ji Trading Co Ltd |
| 13.2.10.Indo Schottle Pvt. Ltd |
| 13.2.11.ITW Automotive |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
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