Global Internal Combustion Engine Market

1
Global Internal Combustion Engine Market (ICE)
was volume US 158.29 million unit in 2017 and is
expected to increase US 240.10 million units by
2026 at a CAGR of 5.35. An internal
combustion engine is an engine which produces
power by burning of oil, petrol or fuel with air
inside the engine, the hot gases created used
to drive a piston or do the other work as they
develop. The development of the high-temperature
and high-pressure gases generated by combustion
applies direct force to some part of the
engine. Increasing demand for efficient engines
which have minimum carbon emission is among the
other prime factors driving the growth of
internal combustion engine market globally.
Developing several combustion modes using
advanced technologies, for instance, homogeneous
charge compression ignition (HCCI) is expected to
escalate the growth of internal combustion engine
market in the upcoming years. However, the recent
array of advanced technologies, including
low-temperature combustion engines and hybrid
systems, have helped the industry gain traction,
a trend expected to elevate industry growth
during the forecast period. Aircraft engine
segment observed considerable growth during the
forecast period owing to light-weight and compact
design, which are termed as essentials for
installation in aircraft. Furthermore,
technological improvements such as multi-fuel
capability that improves fuel mileage may also
boost demand. The petroleum segment leading the
market with a volume-based share of over 82 in
2017 and can be further segmented into diesel and
gasoline. Gasoline engines accounted for more
than 48 of the overall volume in 2017. This
growth can be ascribed to benefits offered by
gasoline engines such as less noise and vibration
also low fuel prices. Global internal combustion
engine market (ICE) report includes PESTLE
analysis, competitive landscape, and Porters
five force model. Market attractive analysis
wherein all the segments are benchmarked based on
the market size, growth rate, and general
attractiveness. Region-wise, The Asia Pacific
accounted for the maximum market share during
2017 and will continue to dominate the market
until the end of 2026. One of the major factors
responsible for the markets growth in the region
is the growing demand for ICEs from various
automotive and non-automotive applications for
instance cars, scooters, motorcycles, diesel
generators, lawnmowers, locomotives, and
aircraft. Key players operating in global
internal combustion engine market (ICE),
Volkswagen AG, Toyota Industries Corporation,
BMW, Rolls-Royce, Navistar International
Corporation, MAN SE, Kirloskar Oil Engines Ltd.,
Detroit Diesel, GE Power, Ford Motor, Cummins,
Caterpillar Incorporated, Yamaha, Ashok Leyland
Ltd and AGCO Corporation. Scope of Global
Internal Combustion Engine Market (ICE) Global
Internal Combustion Engine Market (ICE), by
Product Natural Gas Petroleum o Diesel o
Gasoline Global Internal Combustion Engine Market
(ICE), by Cycles 4-Stroke 2-Stroke Global
Internal Combustion Engine Market (ICE), by
Application Marine Engine Automobile
Engine Aircraft Engine Stationary Engine
Locomotive Engine Global Internal Combustion
Engine Market (ICE), by Region North America
Europe Asia Pacific Middle East and Africa
South America Key Players Operating in Global
Internal Combustion Engine Market (ICE)
Volkswagen AG Toyota Industries Corporation
BMW Rolls-Royce Navistar International
Corporation MAN SE Kirloskar Oil Engines
Ltd. Detroit Diesel GE Power Ford Motor
Cummins Caterpillar Incorporated Yamaha
Ashok Leyland Ltd AGCO Corporation. This
Report Is Submitted By _at_Maximize Market Research
Company Customization of the report Maximize
Market Research provides free personalized of
reports as per your demand. This report can be
personalized to meet your requirements. Get in
touch with us and our sales team will guarantee
provide you to get a report that suits your
necessities.   About Maximize Market
Research Maximize Market Research provides B2B
and B2C research on 20,000 high growth emerging
opportunities technologies as well as threats
to the companies across the Healthcare,
Pharmaceuticals, Electronics Communications,
Internet of Things, Food and Beverages, Aerospace
and Defense and other manufacturing
sectors.   Contact Us Name Lumawant
Godage Organization MAXIMIZE MARKET
RESEARCH Email sales_at_maximizemarketresearch.com C
ontact  91 9607365656