Automotive Engine Encapsulation Market Trends 2022, Opportunity and Development Analysis – Autoneum, ElringKlinger, Greiner Foam, Woco Industrietechnik
Research Reports
Jun 07, 2022
The Automotive Engine Encapsulation market is growing pervasively, witnessing an exponential growth backed by the increasing investments, competitive activities, global developments, opportunity, and business trends during forecast period 2022 to 2030.
Automotive Engine Encapsulation Market Overview
Global Automotive Engine Encapsulation Market is expected to gain a value of USD 1.5 Billion by 2025, at a 5.73% CAGR during the forecast period, 2020–2025. The growth of market vendors depends on market conditions, government support, and industry development. Thus, they should focus on improving their products, expanding their regional presence, and offering a variety of engine encapsulations to suit the requirements of the projects. Greiner Foam International GmbH, Adler Pelzer Holding GmbH, ElringKlinger, Rochling, and AUTONEUM are top five players, holding a 25% market share.
Automotive Engine Encapsulation market demonstrates a high growth potential which is likely to attract many entrants to the market resultantly, intensifying the competition further. Manufacturers strive to develop innovative materials, and best practices. Incorporating acquisition, collaboration, partnership, and expansion the well-established players gain the competitive advantage to maintain their market position. Also, they make substantial investments in manufacturing & expansion program. Expansions help in reducing logistic cost and increase production capacities and potential to fetch larger turnovers.
Request for free Sample Pages (PDF): https://www.marketresearchfuture.com/sample_request/6148
Globally Major key Players accelerates the Automotive Engine Encapsulation Market are, Röchling Group (Germany), Adler Pelzer Holding GmbH (Germany), Autoneum (Switzerland), ElringKlinger AG (Germany), Greiner Foam International GmbH (Austria), Woco Industrietechnik GmbH (Germany), Carcoustics (Germany), Trocellen GmbH (Germany), SA Automotive (US), and Continental Corporation (Germany).
Most important Segments of Automotive Engine Encapsulation market covered in this report are,
The global market for automotive engine encapsulation is segmented based on vehicle type, construction type, distribution channel, and region. By type, the global automotive engine encapsulation market is bifurcated into engine mounted and body-mounted. The engine mounted encapsulation system allows the engine to retain much of its heat for up to 36 hours. This helps in reducing emissions and wear and tear while starting the engine, especially in colder climates. The engine mounted encapsulation is widely used owing to properties, such as superior acoustic and thermal performance. Thermal performance refers to heat storage, cooling system performance, manufacturability, and thermal safety of the engine and accessory components. Engine mounted encapsulation is majorly used in the small segment and sports utility vehicles.
By vehicle type, the global automotive engine encapsulation market is divided into passenger vehicle, light commercial vehicle, and heavy commercial vehicle. The rise in the sale of fuel-efficient vehicles due to the increasing purchasing power of consumers is paving the way for the adoption of engine encapsulation systems. Moreover, stringent government regulations regarding vehicle emission are expected to further contribute to the adoption of such systems in automobiles. To curb the adverse environmental impact of vehicle emission, the European Union has introduced the European emission standards — Euro 6
By material, the global automotive engine encapsulation market is segmented into carbon fiber, polypropylene, polyurethane, polyamide, and others. Carbon fiber is used as one of the primary materials in engine encapsulation as a part of engine covers and shields as it exhibits superior mechanical and tensile strength and low thermal expansion. Carbon fiber-enabled engine encapsulation systems are expensive and are mainly adopted in luxury cars
By the sales channel, the global automotive engine encapsulation market is bifurcated into OEM and Aftermarket.
Automotive Engine Encapsulation Industry Influence of the global market report:
- Comprehensive assessment of all opportunities and risks in the Automotive Engine Encapsulation Market.
- Automotive Engine Encapsulation Market recent innovations and major events.
- A detailed study of business strategies for the growth of the Automotive Engine Encapsulation Market market-leading players.
- Conclusive study about the growth plot of Automotive Engine Encapsulation Market for forthcoming years.
- In-depth understanding of Automotive Engine Encapsulation Market, market-particular drivers, constraints, and major micro markets.
- Favorable impression inside vital technological and market latest trends striking the Automotive Engine Encapsulation Market.
Avail an Amazing Discount: https://www.marketresearchfuture.com/check-discount/6148
The global Automotive Engine Encapsulation market during the period has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key experts such as CEOs VPs, directors, and executives. Finally, the global market breakdown and data triangulation procedures have been employed to complete the overall market engineering processes and functions and hence, arrive at the exact statistics for all segments and subsegments.
Regional Analysis
Based on region, the report on the global automotive engine encapsulation market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Europe accounted for the largest market share of 35.7% in 2019, with a market value of USD 1.4 billion and is expected to register a CAGR of 5.2% during the forecast period. The region is the fastest-growing market for automotive engine encapsulation owing to the presence of several well-established OEMs in Germany and the UK. Stringent emission standards such as Euro 6 and the downsizing of engines to reduce vehicle weight have resulted in the increased demand for engine encapsulation.
Asia-Pacific was the second-largest market in 2019, valued at USD 1.2 billion and is projected to register the highest CAGR of 7.5%. The automotive industry in Asia-Pacific was growing at a fast pace till the beginning of 2020, due to the increase in production in developing nations such as China and India. The demand for technologically advanced cars was increasing with the growth of the information and communication technology (ICT), automotive, and transportation industries, resulting in the rising demand for advanced engine management systems.
LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS
TABLE 1 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY TYPE, 2020-2027 (USD MILLION)
TABLE 2 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY VEHICLE TYPE, 2020-2027 (USD MILLION)
TABLE 3 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY MATERIAL, 2020-2027 (USD MILLION)
TABLE 4 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY SALES CHANNEL, 2020-2027 (USD MILLION)
TABLE 5 GLOBAL AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY REGION, 2020-2027 (USD MILLION)
TABLE 6 NORTH AMERICA: AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY COUNTRY, 2020-2027 (USD MILLION)
TABLE 7 NORTH AMERICA: AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY TYPE, 2020-2027 (USD MILLION)
TABLE 8 NORTH AMERICA: AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY VEHICLE TYPE, 2020-2027 (USD MILLION)
TABLE 9 NORTH AMERICA: AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY SALES CHANNEL, 2020-2027 (USD MILLION)
TABLE 10 US: AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY TYPE, 2020-2027 (USD MILLION)
TABLE 11 US: AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY VEHICLE TYPE, 2020-2027 (USD MILLION)
TABLE 12 US: AUTOMOTIVE ENGINE ENCAPSULATION MARKET, BY MATERIAL, 2020-2027 (USD MILLION)
…Continue.
Ask to Expert: https://www.marketresearchfuture.com/ask_for_schedule_call/6148
About Market Research Future® (Part of WantStats Research and Media Pvt. Ltd.) has specialized research analysts in the areas of Aerospace & Defense, Automotive, C&M, Energy & Power, F&B, Healthcare & Pharmaceutical, ICT, Industrial Equipment, Packaging Construction & Mining and Semiconductor.
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and about what action to take based on these aspects.
Contact Information:
Contact: Market Research Future 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Sales: +1 628 258 0071(US) +44 2035 002 764(UK) Email: sales@marketresearchfuture.com
Tags:
Wire, Research Newswire, English
YOU MAY ALSO LIKE
PW Consulting Releases Comprehensive Market Research on…
The Automotive Engine Encapsulation market is growing pervasively, witnessing an exponential growth backed by the increasing investments, competitive activities, global developments, opportunity, and business trends…
read more