In recent years, China's high economic growth has driven strong demand for the machinery manufacturing industries. The rapid development of a large number of downstream sectors, including engineering machinery, farming machinery and traffic engineering, contributed to the development of the Engine Manufacturing industry in China. Total industry revenue has been increasing at an annualized rate of 17.1% in the past five years to $47.7 billion in 2015.
Engine manufacturers experienced slower growth in 2008 and 2009 due to lower exports and downstream demand, particularly from China's marine and boat manufacturing industries, before recovering in 2010.
The Engine Manufacturing industry in China manufactures rotary, spark-ignition, and compression-ignition internal combustion engines and fittings for mobile or fixed usage. Aircraft, automobile and motorcycle engines are not included in this industry.
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.