About Internal Combustion Engine
An internal combustion engine (IC Engine) is a type of combustion engine that converts chemical energy into thermal energy, to produce useful mechanical work. In an IC engine, the combustion chamber is an integral part of the working fluid circuit. The exponential growth in the automotive industry worldwide is one of the key driver booming the growth of the market.
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Analyst at AMA Research estimates that United States and German Vendors will contribute the maximum growth to Global Internal Combustion Engine market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Caterpillar, Inc. (United States), Cummins (United States), Doosan Infracore (South Korea), Hyundai Machinery (South Korea), MAN (Germany), AGCO Power (United States), Andreas Stihl (Germany), Ashok Leyland (India), BMW (Germany), Bombardier Inc. (Canada), Briggs & Stratton (United States), CNH Industrial (United Kingdom), Cummins (United States) and Daimler AG (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Detroit Diesel (United States), Deutz (Germany), Dolmar (Germany), Eicher Motors (India), Emak (Italy), FCA US (United States), Fiat Powertrain Technologies (Italy), Ford Motor Company (United States), GE Power (United States) and Greaves Cotton (India).
AMA Research has segmented the market of Global Internal Combustion Engine market by , Application (Automobile Engine, Aircraft Engine, Locomotive Engine, Marine Engine and Stationary Engine) and Region.
On the basis of geography, the market of Internal Combustion Engine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Ignition Type, the sub-segment i.e. Spark Ignition Engine will boost the Internal Combustion Engine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Cycle Type, the sub-segment i.e. Otto Cycle Engine will boost the Internal Combustion Engine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fuel Type, the sub-segment i.e. Diesel Engine will boost the Internal Combustion Engine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
The Growing Popularity of CNG as a Fuel
Market Growth Drivers:
The Exponential Growth in Automotive Industry Worldwide and The Rising Demand from Aerospace and Marine Sector
The Rising Concerns of CO2 Emissions and The Growing Popularity of Electric Vehicles
Technological Advancements in Internal Combustion Engines and The Growth Opportunities from Developing Nations
Market Leaders and their expansionary development strategies
On 6 Jan 2020, BMW Will Build Internal Combustion Engines for at Least 30 More Years. and On 19 Dec 2019, Ricardo signs agreement to sell Dolphin N2 spin-out company to CNH Industrial N.V. Agreement marks the completion of development and commercial exploitation of an innovative high-efficiency internal combustion engine IP by Ricardo.
On 7 Oct 2019, Volvo Cars and Geely intend to merge their existing combustion engine operations into a stand-alone business in order to establish a new global supplier that will seek to develop next-generation combustion engines and hybrid powertrains.
Key Target AudienceCombustion Engine Manufacturers, Combustion Engine Raw Material Suppliers, Combustion Engine Traders/Distributors, Combustion Engine Importer/Exporter, Regulatory & Government Bodies, End Users and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.