Internal Combustion Engines Market

Internal combustion engines market: find the most recent statistics featured by an Ai-driven market intelligence platform. Datasets contain companies, trade, production, consumption, exports, imports, market size, and market prices. There is a split by region, including the U.K., Africa, China, the Middle East, Russia, the U.S., EU, and Latin America. Market dynamics and outlook to 2030 are also featured in the snapshots.

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Internal Combustion Engines - World's Largest Markets

In value terms, the largest internal combustion engines markets worldwide were the United States, China and Mexico, with a combined 62% share of the global market. These countries were followed by Germany, France, the UK, South Korea, Thailand, Spain, Turkey, Nigeria and India, which together accounted for a further 17%.

The UK recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while internal combustion engines market for the other global leaders experienced more modest paces of growth.

Internal Combustion Engines Prices

Internal Combustion Engines - Top Importers

In value terms, Mexico ($4B), Germany ($3.7B) and the United States ($2.6B) were the countries with the highest levels of imports in 2020, together comprising 42% of global imports. Turkey, Spain, the Czech Republic, France, Poland, Russia, Slovakia, Thailand, the UK and Morocco lagged somewhat behind, together comprising a further 32%.

Among the main importing countries, Slovakia recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Internal Combustion Engines - Top Exporters

In value terms, the largest internal combustion engines supplying countries worldwide were the United States ($4.4B), Germany ($3.4B) and Poland ($2.1B), with a combined 41% share of global exports.

Poland recorded 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 a decline in the exports figures.

Internal Combustion Engines - Market Forecast

Depressed by shrinking demand for internal combustion engines worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Internal Combustion Engines - Top Companies

Weichai Power Co., Ltd., Cummins Inc., Wärtsilä Oyj Abp, Brunswick Corporation, Rolls-Royce Power Systems AG, YANMAR CO.,LTD., MAN Energy Solutions SE, MTU Friedrichshafen GmbH, CUMMINS LTD., Detroit Diesel Corporation, GE Hungary Ipari és Kereskedelmi Korlátolt Felelösségü Társaság, Wärtsilä Finland Oy, SIAM TOYOTA MANUFACTURING COMPANY LIMITED, GE ENERGY PRODUCTS FRANCE SNC, Briggs & Stratton Corporation, DEUTZ AG, PERKINS ENGINES COMPANY LIMITED, MITSUBISHI HEAVY INDUSTRIES ENGINE & TURBOCHARGER,LTD., JOHN DEERE SAS, Siemens Industrial Turbomachinery AB

Internal Combustion Engines - Product Coverage

• HS 840820 - Engines; compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87

Source: IndexBox Market Intelligence Platform