- Valve Tappet/Roller Tappets,
- Screw Cap Assembly,
- Collet/Cotter,
- Retainer,
- Others
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 Summary
Study Period
2023-29
Base Year
2022
CAGR
5.3%
Largest Market
Asia Pacific
Fastest Growing Market
North America
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
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- 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
By Components
By Application
- Automotive,
- Agriculture,
- Construction and Mining Equipment,
- Marine,
- Stationary Engines,
- Rolling Stock Diesel Engine
By Geography
- North America,
- Europe,
- Asia Pacific,
- Latin America and
- Middle East and Africa
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
| 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 - 2021Â and Forecast, 2022Â - 2028 |
| 4.1. Market Analysis, 2017 - 2021Â and Forecast, 2022Â - 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 - 2021Â and Forecast, 2022Â - 2028 (Revenue, USD Mn)Â |
| 5.1. Valve Tappet/Roller Tappets |
| 5.1.1. Â Market Analysis, 2017-2021Â 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, 2017-2021Â 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, 2017-2021Â 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, 2017-2021Â 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 - 2021Â and Forecast, 2022Â - 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 - 2021Â and Forecast, 2022Â - 2028 (Revenue, USD Mn)Â |
| 6.1. Automotive |
| 6.1.1. Market Analysis, 2017 - 2021Â and Forecast, 2022Â - 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 - 2021Â and Forecast, 2022Â - 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 - 2021Â and Forecast, 2022Â - 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 - 2021Â and Forecast, 2022Â - 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 - 2021Â and Forecast, 2022Â - 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 - 2021Â and Forecast, 2022Â - 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 - 2021Â and Forecast, 2022Â - 2028 (Revenue, USD Mn)Â |
| 7.1. North America |
| 7.1.1. Market Analysis, 2017 - 2021Â and Forecast, 2022Â - 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 - 2021Â and Forecast, 2022Â - 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 - 2021Â and Forecast, 2022Â - 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 - 2021Â and Forecast, 2022Â - 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 - 2021Â and Forecast, 2022Â - 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, 2022Â - 2028 |
| 8. North America Engine Components Market Analysis, 2017 - 2021Â and Forecast, 2022Â - 2028 (Revenue, USD Mn)Â |
| 8.1. Components Analysis 2017 - 2021Â and Forecast 2022Â - 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 - 2021Â and Forecast 2022Â - 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 - 2021Â and Forecast 2022Â - 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, 2022Â - 2028 |
| 8.5. North America Engine Components Market Dynamics – Trends |
| 9. Europe Engine Components Market Analysis, 2017 - 2021Â and Forecast, 2022Â - 2028 (Revenue, USD Mn)Â |
| 9.1. Components Analysis 2017 - 2021Â and Forecast 2022Â - 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 - 2021Â and Forecast 2022Â - 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 - 2021Â and Forecast 2022Â - 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 - 2021Â and Forecast, 2022Â - 2028 (Revenue, USD Mn)Â |
| 10.1. Components Analysis 2017 - 2021Â and Forecast 2022Â - 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 - 2021Â and Forecast 2022Â - 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 - 2021Â and Forecast 2022Â - 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 - 2021Â and Forecast, 2022Â - 2028 (Revenue, USD Mn)Â |
| 11.1. Components Analysis 2017 - 2021Â and Forecast 2022Â - 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 - 2021Â and Forecast 2022Â - 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 - 2021Â and Forecast 2022Â - 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, 2022Â - 2028 |
| 11.5. Latin America Engine Components Market Dynamics – Trends |
| 12. Middle East and Africa Engine Components Market Analysis, 2017 - 2021Â and Forecast, 2022Â - 2028 (Revenue, USD Mn)Â |
| 12.1. Components Analysis 2017 - 2021Â and Forecast 2022Â - 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 - 2021Â and Forecast 2022Â - 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 - 2021Â and Forecast 2022Â - 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, 2022Â - 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 |
- 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