Global Engine Mounts and Engine Market Share, Size, Estimates, Trends and Forecast 2023

According to Stratistics MRC, the Global Engine Mounts and Engine market is expected to grow from $66.86 billion in 2016 to reach $109.02 billion by 2023 with a CAGR of 7.2%.

The Engine Mounts and Engine market is fueled by technological advancements. Rising vehicle production and high-power engines and demand for high-grade natural rubber for engine mounts are the factors driving the market. However, the rising demand for electric vehicles and high R&D expenses incurred when developing complex technologies will probably hold back the expansion of the market.

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By vehicle type the passenger car segment is anticipated to witness the largest market share and dominate the market owing to soaring demand for high-grade natural rubber for engine mounts with high load-carrying capacity. Rubber mounts are used for passenger cars due to the simplicity of the design and also low manufacturing cost and maintenance cost. Geographically, Asia-Pacific accounted for the largest market share due to the rising vehicle manufacturers and the increasing demand for high-power, high-torque engines for the racing and luxury segments.

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Some of the key players in the Engine Mounts and Engine market are Mitsubishi Heavy Industries Ltd, Mahle GmbH, Cummins Inc, Hyundai Motor Company, Cooper-Standard, Toyo Tire & Rubber Co. Ltd , Scania AB, Trelleborg AB, Fiat S.P.A and Hutchinson SA.

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Vehicle Types Covered:
• LCV (Light Commercial Vehicle)
• Two-Wheeler
• HCV (Heavy Commercial Vehicles)
• Passenger Car

Engine Types Covered:
• V6 Engine
• L4 Engine
• V8 Engine
• L6 Engine

Fuel Types Covered:
• Natural Gas
• Gasoline
• Hybrid
• Diesel

Engine Mounts Covered:
• Hydraulic
• Electro-hydraulic
• Elastomer

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Organization: Stratistics Market Research Consulting Pvt Ltd

Release ID: 290258