Internal Combustion Engine Equipment Market

Internal combustion engine equipment market: get access to new facts and figures powered by an Ai-driven market research tool. Data provide exports, consumption, imports, market size, trade, production, market prices, and companies. There is a breakdown by region, including the Middle East, the U.S., China, Russia, Africa, the U.K., Latin America, and EU. Market trends and forecast to 2030 are also provided in the snapshots.


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Internal Combustion Engine Equipment - World's Largest Markets

RatingCountry
1Romania
2China
3United States
4India
5Russia

In value terms, Romania, China and the United States were the countries with the highest levels of market value in 2020, with a combined 32% share of the global market. These countries were followed by India, Russia, Japan, Germany, Indonesia, Brazil, France, Mexico, Turkey and Italy, which together accounted for a further 22%.

In terms of the main consuming countries, Brazil saw the highest rates of growth with regard to market size, over the period under review, while internal combustion engine equipment market for the other global leaders experienced more modest paces of growth.

Internal Combustion Engine Equipment Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
China6.66.45-12.6%
Mexico7.18.15.1-14.8%
India77.65.9-8.1%
Thailand6.78.56.2-4.1%
Japan5.57.6712.9%
Taiwan (Chinese)13127.2-26.3%
United States141613-4.1%
Italy251614-26.1%
Germany1216148.9%
France161714-5.5%
United Kingdom201715-13.3%
Average9.711116.8%

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($15 per unit), while China ($5 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced mixed trends in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
United States241918-14.5%
Mexico50299.6-56.1%
Germany67.58.418.5%
Thailand69.86.86.8%
France6.56.66.60.9%
Burkina Faso5.486.38.1%
Italy6.26.26.1-0.3%
Turkey5.45.35.4-0.7%
United Kingdom7.86.65.1-19.1%
Canada107564.2-80.1%
Brazil5.77.24.2-13.9%
Indonesia4.14.62.2-26.3%
Venezuela1.20.90.8-21.8%
Average8.39.17.2-6.8%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($18 per unit), while Venezuela ($0.8 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Internal Combustion Engine Equipment - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.20.20.2-7.0%
Germany0.10.10.09-19.0%
Mexico0.050.040.0714.1%
Canada0.050.050.05-4.7%
Italy0.020.020.0423.2%

In value terms, the United States ($162M), Germany ($94M) and Mexico ($71M) were the countries with the highest levels of imports in 2020, with a combined 36% share of global imports. Canada, Italy, the UK, France, Thailand, Brazil, Burkina Faso, Turkey, Indonesia and Venezuela lagged somewhat behind, together comprising a further 28%.

Burkina Faso (+719.5% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Internal Combustion Engine Equipment - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Germany1661551773.4%
Japan210160140-18.3%
United States178186136-12.6%
France53586612.2%
Italy22224339.9%

In value terms, the largest internal combustion engine equipment supplying countries worldwide were Germany ($177M), Japan ($141M) and the United States ($136M), with a combined 53% share of global exports. These countries were followed by France, Italy, China, Thailand, the UK, Taiwan (Chinese), Mexico and India, which together accounted for a further 28%.

Italy saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Internal Combustion Engine Equipment - Market Forecast

Driven by rising demand for internal combustion engine equipment worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Internal Combustion Engine Equipment - Product Coverage

  • HS 851180 - Ignition or starting equipment; n.e.s. in heading no. 8511, of a kind used for spark or compression-ignition internal combustion engines
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World - Equipment for Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for internal combustion engine equipment.

Eastern Asia - Equipment for Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for internal combustion engine equipment in Eastern Asia.

Middle East - Equipment for Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for internal combustion engine equipment in the Middle East.

Australia and Oceania - Equipment for Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for internal combustion engine equipment in Australia and Oceania.

Northern America - Equipment for Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for internal combustion engine equipment in Northern America.

Africa - Equipment for Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for internal combustion engine equipment in Africa.

Southern Asia - Equipment for Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for internal combustion engine equipment in Southern Asia.

South-Eastern Asia - Equipment for Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for internal combustion engine equipment in South-Eastern Asia.

Latin America and the Caribbean - Equipment for Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for internal combustion engine equipment in Latin America and the Caribbean.

Central Asia - Equipment for Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for internal combustion engine equipment in Central Asia.

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