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The global automotive engine cover market is poised to reach a value more than US$ 1,250 Mn by the end of 2022 and is anticipated to grow at a steady CAGR during the forecasted period of 2017 to 2022.
5 Forecast Highlights on Global Automotive Engine Cover Market
1- Europe is the most attractive region and it is expected from this region to retain its dominance during the period of 2017 to 2022. Asia-Pacific excluding Japan (APEJ) is showing tremendous potential and a significant growth rate to register a CAGR of 3.6% and could come close to Europe in terms of market share by revenue during the year 2022
2- Other segment by material type enjoys a large market share of 32.3% and grows at a steady rate. On the other hand, the thermoplastics segment is posed to grow at a higher rate during the period of forecast. The composites segment grows at a slow pace and is second in terms of market share
3- Injection molding segment is anticipated to grow at higher CAGR of 2.9% during the period of forecast as compared to others segment and casting segment by technology type. The injection molding segment not only experiences comparatively faster growth, but also enjoys a higher market share
Others Segment by Material Type is Expected to be the Largest
The other segment by material type is growing at a steady pace with a higher market share as of 2017, as it represents 32.3% of the market which is higher than any other segment by material type. The composites segment is second to the others segment in terms of market share. Thermoplastics segment is by far the fast growing segment during the period of forecast and expected to gain a higher BPS by the end of 2022.
OEM Segment Shows Speed
By sales channel, the OEM segment is poised to reflect a higher growth rate to register a CAGR of 3.4% during the period of forecast. It is also expected to experience a gain in the BPS by the end of 2022. The aftermarket segment, growing at steady growth rate during the forecast period, reflects higher market share by revenue in the global automotive engine cover market.
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Table of Contents:
- Global Automotive Engine Cover Market - Executive Summary
- Global Automotive Engine Cover Market Overview 2.1. Introduction 2.1.1. Global Automotive Engine Cover Market Taxonomy 2.1.2. Global Automotive Engine Cover Market Definition 2.2. Global Automotive Engine Cover Market Size (US$ Mn) and Forecast, 2012-2022 2.2.1. Global Automotive Engine Cover Market Y-o-Y Growth 2.3. Global Automotive Engine Cover Market Dynamics 2.3.1. Drivers 2.3.2. Restraints 2.3.3. Trends 2.4. Supply Chain 2.5. Cost Structure 2.6. Pricing Analysis 2.7. Raw Material Sourcing Strategy and Analysis 2.8. List of Distributors 2.9. Key Participants Market Presence (Intensity Map) By Region
- Global Automotive Engine Cover Market Analysis and Forecast By Material Type 3.1. Global Automotive Engine Cover Market Size and Forecast By Material Type, 2012-2022 3.1.1. Composites Automotive Engine Cover Market Size and Forecast, 2012-2022 3.1.1.1. Revenue (US$ Mn) Comparison, By Region 3.1.1.2. Market Share Comparison, By Region 3.1.1.3. Y-o-Y growth Comparison, By Region 3.1.2. Metals Automotive Engine Cover Market Size and Forecast, 2012-2022 3.1.2.1. Revenue (US$ Mn) Comparison, By Region 3.1.2.2. Market Share Comparison, By Region 3.1.2.3. Y-o-Y growth Comparison, By Region 3.1.3. Thermoplastics Automotive Engine Cover Market Size and Forecast, 2012-2022 3.1.3.1. Revenue (US$ Mn) Comparison, By Region 3.1.3.2. Market Share Comparison, By Region 3.1.3.3. Y-o-Y growth Comparison, By Region 3.1.4. Others Automotive Engine Cover Market Size and Forecast, 2012-2022 3.1.4.1. Revenue (US$ Mn) Comparison, By Region 3.1.4.2. Market Share Comparison, By Region 3.1.4.3. Y-o-Y growth Comparison, By Region
- Global Automotive Engine Cover Market Analysis and Forecast By Sales Channel 4.1. Global Automotive Engine Cover Market Size and Forecast By Sales Channel, 2012-2022 4.1.1. OEM Automotive Engine Cover Market Size and Forecast, 2012-2022 4.1.1.1. Revenue (US$ Mn) Comparison, By Region 4.1.1.2. Market Share Comparison, By Region 4.1.1.3. Y-o-Y growth Comparison, By Region 4.1.2. After Market Automotive Engine Cover Market Size and Forecast, 2012-2022 4.1.2.1. Revenue (US$ Mn) Comparison, By Region 4.1.2.2. Market Share Comparison, By Region 4.1.2.3. Y-o-Y growth Comparison, By Region
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