The Automobile Engine and Parts Manufacturing industry is tied directly to the performance of vehicle sales. Thus, the automotive sector's weak performance during the recession dealt a serious blow to the industry. Nonetheless, industry revenue began to increase during the five years to 2014, fueled by improved credit, employment conditions and a resurgence in demand for new vehicles. In the five years to 2019, automotive production and sales are forecast to climb back near their historic norms. However, trends toward fuel-efficiency, clean emissions and frugality will threaten the industry, as hybrid and diesel vehicles continue to make a steady presence in the automotive market and more automakers develop their own electric vehicle technologies.
Companies in this industry manufacture motor-vehicle gasoline engines and related parts including valves, pistons, crankshafts, camshafts, fuel injectors and pumps. This industry does not include hybrid engines, electric vehicle (EV) motors or diesel engines.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.