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Revving up: Improving car sales will support demand, but alternate engines will stifle growth
Automobile Engine & Parts Manufacturing in the US
Revenue for the Automobile Engine and Parts Manufacturing industry is expected to trend higher over the five years to 2017. Bolstered by improvements in the economy, the automotive sector is recovering from a postcollapse base. Engine efficiency has been a key topic of innovation throughout the automotive sector, fueled by changing consumer preferences and looming legislative standards. Generally, consumers have shifted from light trucks and SUVs to more compact, fuel-efficient cars.
Over the five years to 2022, higher governmental standards and growing gas prices are forecast to diminish revenue growth, but gas engines will remain ubiquitous.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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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