The global automotive engines, powertrains and parts market is expected to grow from $ 806.94 billion in 2020 to $ 846.39 billion in 2021 at a compound annual growth rate (CAGR) of 4.9%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. Market Expected to Reach $ 1,135.99 Billion in 2025 at a CAGR of 8%
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The automotive engines, powertrains and parts market comprises the sales of automotive engines, powertrains and spare parts and related services by entities (organizations, sole proprietorships and partnerships) that produce and / or rebuild automotive transmissions and powertrain parts. . The automotive engines, powertrains and parts market is segmented into vehicle engines and engine parts and powertrain and powertrain parts.
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The Automotive Engines, Powertrains and Parts Market report also gives an in-depth analysis of the impact of COVID-19 on the market. The reports are backed by 150,000 datasets, in-depth secondary research, and proprietary information from interviews with industry leaders. A team of highly experienced and expert analysts and modelers provide market analysis and forecast. The reports identify major countries and segments for opportunities and strategies based on market trends and approaches of major competitors.
Some of the major players in the automotive engines, powertrains and parts market are Honda, BMW, Toyota, Mercedes-Benz, Ford.
Global Automotive Engines, Powertrains & Parts Market is Segmented –
1) By type: vehicle engine and engine parts, powertrain and powertrain parts
2) By application: passenger vehicle, commercial vehicle
3) By end use: OEM, aftermarket
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The Automotive Engines, Powertrains, and Parts Market Report Describes and Explains the Global Automotive Engines, Powertrains, and Parts Market and covers 2015 to 2020, referred to as historical period, and 2020 to 2025, referred to as forecast period. , as well as other forecasts for the period 2025-2030. The Automotive Engines, Powertrains and Parts report assesses the market within each region and for major economies within each region.
The countries covered in the global market for engines, powertrains and spare parts are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela, Vietnam.
The regions covered by the global automotive engine, powertrain and parts market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America , the Middle East and Africa.
The full report includes
- Structure of the report
- Characteristics of the automotive engines, powertrains and parts market
- Product Analysis of Automotive Engines, Powertrains, and Parts Market
- Automotive Engines, Powertrains and Parts Market Supply Chain
- Key mergers and acquisitions in the automotive engines, powertrains and parts market
- Market context: machinery manufacturing market
- Copyright and disclaimer
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