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Internal Combustion Engine Market 2025 Revenue | Top Key Drivers by Manufacturers, Upcoming Trends and Outlook

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Rahul Sharma
Internal Combustion Engine Market 2025 Revenue | Top Key Drivers by Manufacturers, Upcoming Trends and Outlook

Global Internal Combustion Engine Market Report 2025 demand is projected to touch 229,439 thousand units by the end of 2025, according to a new report published by Million Insights. The market is anticipated to ascend at a CAGR of 4.9% over the forecast duration, 2018 to 2025. Growing focus on fuel efficiency has resulted in turbo charging and downsizing of engines, which, in turn, is augmenting the market growth. Further, the introduction of advanced models such as homogeneous charge compression ignition (HCCI) is anticipated to bolster the demand for ICE vehicles in the near future.

 

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Market Synopsis of Internal Combustion Engine Market:

 

Electric vehicles have witnessed significant growth over the past few years. The rise in penetration of electrical vehicles poses a threat to the IC engine. Further, different countries such as India, U.K, Netherlands and others are planning to impose a ban on the sales of IC engine vehicles by 2025. Such factors are projected to considerably lower the demand for ICE vehicles in the near future.

 

Asia Pacific accounted for the largest market share in 2017 and the region is expected to grow considerably over the forecast period. North America also likely to account for the significant growth owing to the rise in sales in vehicles in the region, especially in the U.S.

 

Among different end-use, the automotive segment held the largest market share by volume in 2017. Automotive was followed by marine and aircraft. Automotive segment alone held over 65% of the market share in 2017. Various factors such as technical advancement, the introduction of low emission vehicles and rising purchasing power of consumers are attributing to the growth of this segment.

 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-internal-combustion-engine-ice-market

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Internal Combustion Engine: Market Variables, Trends & Scope              

Chapter 4 Internal Combustion Engine: Product Estimates & Trend Analysis

Chapter 5 Internal Combustion Engine: Application Estimates & Trend Analysis

Chapter 6 Internal Combustion Engine: End-use Estimates & Trend Analysis

Chapter 7 Internal Combustion Engine: Industrial End-use Estimates & Trend Analysis

Chapter 8 Internal Combustion Engine: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Internal Combustion Engine: Manufacturers Company Profiles

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