- Valve Tappet/Roller Tappets
- Screw Cap Assembly
- Collet/Cotter
- Retainer
- Others
Engine Components Market size is valued at USD 5,287.3 million in 2022 and is expected to grow at a significant CAGR of 5.3% from 2023-2029. The global market provides a detailed overview of the Engine Components Market and that can be segmented by Components and Application. 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 segment 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.
Engine Components Market Key Development:
- In December 2019, Mitsubishi Motors, a Japan-based automaker, announced its plans to eliminate diesel versions of its key car models by the end of 2021, and significantly reduce the size of its existing diesel vehicle business.
Engine Components Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.3%
Largest Market
Asia Pacific
Fastest Growing Market
North America
Engine Components Market Dynamics
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.
Asia-Pacific Got Significant Share
Engine Components Market Regional Analysis
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
Key Features of the Reports
- The engine components market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The engine components market report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The engine components market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The engine components market report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The engine components market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Engine Components Market Segmentation
By Components
By Application
- Automotive
- Agriculture
- Construction and Mining Equipment
- Marine
- Stationary Engines
- Rolling Stock Diesel Engine
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Frequently Asked Questions
The engine components market size was valued at USD 5,287.3 million in 2022.
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, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Valve Tappet/Roller Tappets |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Automotive |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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 ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. Components Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 |
- 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