Global Automotive Engine Encapsulation Market is segmented by Type (Engine-mounted and Body-mounted), Material (Carbon Fiber, Polypropylene, Polyurethane, Polyamide, and Others), Fuel (Petrol, Diesel, and Gasoline), Sales, Application (PV, LCV, HCV, and EV), Region– Industry Forecast till 2023
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The key players in the global Automotive Engine Encapsulation market include:
Autoneum (Switzerland), Continental AG (Germany), Roechling Group (Germany), ElringKlinger AG (Germany), Greiner Foam International (Austria), and Furukawa Electric Co., Ltd. (Japan). Woco Industrietechnik GmbH (Germany), Adler Pelzer Holding GmbH (Germany), SA Automotive (U.S.), and Hennecke GmbH (Germany) are among others.
An automotive engine encapsulation insulates the engine from the external environment and maintains heat in the engine even when it is turned off. This slows down the engine cooling rate and subsequently, provides initial heat during starting the engine. Hence, encapsulation reduces the friction between engine parts and provides short warm-up time for the engine.
This study provides an overview of the global automotive engine encapsulation market, tracking three market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific, and Rest of the World.
However, increase in demand for electric vehicle and the hybrid vehicles will restrain the growth of the market. Moreover, extensive research regarding the development of the product and cost-effective solutions will further boost the sales and demand for the product.
Market Segments Analysis:
The global automotive engine encapsulation market has been segmented by type, material, fuel, sales, application, and regions.
On the basis of type, the market has been segmented by engine-mounted and body-mounted.
On the basis of material, the sub-segments include carbon fiber, polypropylene, polyurethane, polyamide, and others.
On the basis of fuel, the market has been segmented into petrol, diesel, and gasoline. On the bases of sales, the market has been segmented into OEM and aftermarket.
On the basis of application, the market has been segmented into Passenger Vehicle (PV), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV), and Electric Vehicle (EV).
In terms of region, the global market for automotive engine encapsulation is divided into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is expected to hold a significant market revenue share over the forecast period. Increase in the sales of luxury vehicles equipped with engine encapsulation system in Asia Pacific and strict government regulations regarding fuel emission will drive the market throughout the forecast period. Asia Pacific will register the highest CAGR during the forecast period, owing to the increase in sales of premium vehicles, rise in GDP, and increased purchasing power of users. Furthermore, increased demand for silent vehicles in China, Japan, and India will enhance the overall revenue of the market. Government regulations in Europe are becoming stricter every year; which signifies that the manufacturers need to be aware of the regulatory requirements.
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 RESEARCH OBJECTIVES
2.2.2 ASSUMPTIONS & LIMITATIONS
2.3 MARKETS STRUCTURE
3 MARKET RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 SECONDARY RESEARCH
3.3 PRIMARY RESEARCH
3.4 FORECAST MODEL
4 MARKET LANDSCAPE
4.1 FIVE FORCES ANALYSIS
4.1.1 THREAT OF NEW ENTRANTS
4.1.2 BARGAINING POWER OF BUYERS
4.1.3 BARGAINING POWER OF SUPPLIERS
4.1.4 THREAT OF SUBSTITUTES
4.1.5 SEGMENT RIVALRY
4.2 VALUE CHAIN/SUPPLY CHAIN OF GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET
5 INDUSTRY OVERVIEW OF GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET
5.2 GROWTH DRIVERS
5.3 IMPACT ANALYSIS
5.4 MARKET CHALLENGES
LIST OF TABLES:
TABLE 1 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET: BY REGION, 2017-2023
TABLE 2 NORTH AMERICA AUTOMOTIVE ENGINE ENCAPSULATION MARKET: BY COUNTRY, 2017-2023
TABLE 3 EUROPE AUTOMOTIVE ENGINE ENCAPSULATION MARKET: BY COUNTRY, 2017-2023
TABLE 4 ASIA PACIFIC AUTOMOTIVE ENGINE ENCAPSULATION MARKET: BY COUNTRY, 2017-2023
TABLE 5 MIDDLE EAST & AFRICA AUTOMOTIVE ENGINE ENCAPSULATION MARKET: BY COUNTRY, 2017-2023
TABLE 6 LATIN AMERICA AUTOMOTIVE ENGINE ENCAPSULATION MARKET: BY COUNTRY, 2017-2023
LIST OF FIGURES:
FIGURE 1 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET SEGMENTATION
FIGURE 2 FORECAST METHODOLOGY
FIGURE 3 FIVE FORCES ANALYSIS OF GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET
FIGURE 4 VALUE CHAIN OF GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET
FIGURE 5 SHARE OF GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET IN 2017, BY COUNTRY (IN %)
FIGURE 6 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET, 2017-2023,
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