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Engine Components Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

Engine Components Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Engine Components Market: By Components ( Valve Tappet/Roller Tappets, Screw Cap Assembly, Collet/Cotter, Retainer, Others), By Application ( Automotive, Agriculture, Construction and Mining Equipment, Marine, Stationary Engines, Rolling Stock Diesel Engine) and Geography

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Report

Description

Engine Components Market size is valued at USD 5,287.3 million in 2021 and is expected to grow at a significant CAGR of 5.3% during the forecast period 2022 to 2028. 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.

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

MARKET SUMMARY
-
5.3%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 5.3%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Engine Components Market

  • The engine components market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The engine components market report gives historical, current, and future market sizes (US$ Mn) based on by components type, application and geography.
Key Players
  • Eaton
  • EFC International
  • Federal-Mogul
  • STRADE
  • GT Technologies
Engine Components Market Drivers

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

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
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Key

Features of the Report

  • The engine components market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The engine components market report covers in-detail insights about the competitor’s 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

segmentation-block-image

By Components

    • Valve Tappet/Roller Tappets,
    • Screw Cap Assembly,
    • Collet/Cotter,
    • Retainer,
    • Others
segmentation-block-image

By Application

    • Automotive,
    • Agriculture,
    • Construction and Mining Equipment,
    • Marine,
    • Stationary Engines,
    • Rolling Stock Diesel Engine
segmentation-block-image

By Geography

    • North America,
    • Europe,
    • Asia Pacific,
    • Latin America and
    • Middle East and Africa
Location

GEOGRAPHY

Frequently Asked Questions

The engine components market is projected to expand at a CAGR of 5.3% during the forecast period.

The major players in the engine components market 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

Asia Pacific is the fastest-growing region for engine components market

Report

Table Of Content

1. Executive Summary
2. Engine Components Market Introduction
2.1. Global Engine Components Market – Taxonomy
2.2. Global Engine Components Market –Definitions
2.2.1. By Components
2.2.2. By Application
2.2.3. By 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. Global Engine Components Market Dynamic Factors – Impact Analysis
3.6. Global Engine Components Market – Competition Landscape
4. Global Engine Components Market Analysis, 2017 – 2021  and Forecast, 2022  – 2028
4.1. Market Analysis, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Engine Components Market, By Components, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn) 
5.1. Valve Tappet/Roller Tappets
5.1.1.  Market Analysis, 2017-2021  and Forecast, 2022 -2028 (Revenue, USD Mn)
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, 2017-2021  and Forecast, 2022 -2028 (Revenue, USD Mn)
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, 2017-2021  and Forecast, 2022 -2028 (Revenue, USD Mn)
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, 2017-2021  and Forecast, 2022 -2028 (Revenue, USD Mn)
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, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn)
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, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn) 
6.1. Automotive
6.1.1. Market Analysis, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn)
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, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn)
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, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn)
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, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn)
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, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn)
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, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn)
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 Forecast, By Region, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn) 
7.1. North America
7.1.1. Market Analysis, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn)
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, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn)
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
7.3.1. Market Analysis, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Engine Components Market – Opportunity Analysis Index, By Components, By Application and Region, 2022  – 2028
8. North America Engine Components Market Analysis, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn) 
8.1. Components Analysis 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn), 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 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn), 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 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Engine Components Market – Opportunity Analysis Index, By Components, By Application and Country, 2022  – 2028
8.5. North America Engine Components Market Dynamics – Trends
9. Europe Engine Components Market Analysis, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn) 
9.1. Components Analysis 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn), 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 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn), 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 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Rest of Europe
9.4. Europe Engine Components Market – Opportunity Analysis Index, By Components, By Application  and Country, 2022  – 2028
9.5. Europe Engine Components Market Dynamics – Trends
10. Asia-Pacific Engine Components Market Analysis, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn) 
10.1. Components Analysis 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn), 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 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn), 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 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. China
10.3.2. India
10.3.3. Japan
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Engine Components Market – Opportunity Analysis Index, By Components, By Application   and Country, 2022  – 2028
10.5. Asia-Pacific Engine Components Market Dynamics – Trends
11. Latin America Engine Components Market Analysis, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn) 
11.1. Components Analysis 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn), 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 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn), 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 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Engine Components Market – Opportunity Analysis Index, By Components, By End Use and Country, 2022  – 2028
11.5. Latin America Engine Components Market Dynamics – Trends
12. Middle East and Africa Engine Components Market Analysis, 2017 – 2021  and Forecast, 2022  – 2028 (Revenue, USD Mn) 
12.1. Components Analysis 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn), 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 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn), 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 2017 – 2021  and Forecast 2022  – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Engine Components Market – Opportunity Analysis Index, By Components, By Application and Country, 2022  – 2028
12.5. MEA Engine Components Market Dynamics – Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, 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. Key Assumptions and Acronyms
Report

Company Profile

  • 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

Description

Engine Components Market size is valued at USD 5,287.3 million in 2021 and is expected to grow at a significant CAGR of 5.3% during the forecast period 2022 to 2028. 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.

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.

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