Internal Combustion Engine Market Size, Share & Trends Analysis Report By Fuel Type (Petroleum, Natural Gas), By End-use (Automotive, Marine, Aircraft), By Region, And Segment Forecasts, 2023

The global internal combustion engine market size is expected to reach 366,726 thousand by 2030, expanding at a CAGR of 9.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Rising disposable income in various nations and increased automobile use throughout the world are a major factor driving the market.

A spike in technological advancement in internal combustion engine (ICE) in terms of pollution, fuel efficiency, and performance is expected to boost demand by 2030. Additionally, the lack of electric vehicle charging infrastructure worldwide coupled with increasing output of shale gas and growing demand for ICE in defense vehicles such as submarines and ships is further driving the market growth. The demand for ICE is also experiencing enlargement due to the application in end use sectors such as mining and construction.

Due to rigorous legislative requirements for fuel efficiency, manufacturing companies are trying to produce high-speed and high-power engines with maximum customer satisfaction along with minimal environmental consequences and exhaust emissions. Despite these efforts, governments throughout the world, notably in the automobile sector, are raising the alert for IC engines.

For instance, the France, United Kingdom, India, Norway, and the Netherlands plan to prohibit the sale of ICE by 2025. Similarly, countries such as Germany and China are also planning to ban sale ICE but, they have not defined timeline. The petroleum segment is expected to develop by a steady growth rate due to the increasing automotive industry in the developing countries. Moreover, gasoline engines are also pushing the market growth as these engines produce less noise and vibration.

IC engines are now combined with hybrid electric power trains to improve fuel efficiency, owing to the advancement of electric vehicle technology. To increase the plug-in hybrid electric vehicle offering, these engines are also paired with plug-in hybrid electric systems.

Internal Combustion Engine Market Report Highlights:

The internal combustion engine market is expected to reach 366,726 thousand units by 2030 with a CAGR of 9.2% during the forecasted period owing to the increase in passenger and commercial vehicle sale
The petroleum segment is expected to grow at a steady growth rate owing to the increasing automotive industry in the developing countries
Additionally, growing technical developments, modernization of production processes, and increased research and development efforts in the industry will generate new possibilities for the IC engine market during the upcoming years
The increasing price of crude oil, stringent emission norms, fuel supply security, and noise pollution have compelled OEM to shift their focus toward the natural gas and hydrogen-based engines

Product Code: 978-1-68038-591-5

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
- 1.1.1. Fuel type
- 1.1.2. End-use
- 1.1.3. Regional scope
- 1.1.4. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
- 2.2.1. Fuel type outlook
- 2.2.2. End-use outlook
- 2.2.3. Regional outlook
2.3. Competitive Insights

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

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity Analysis
3.4. Internal Combustion Engine Market Analysis Tools
- 3.4.1. Industry Analysis - Porter's Five Forces
  - 3.4.1.1. Supplier power
  - 3.4.1.2. Buyer power
  - 3.4.1.3. Substitution threat
  - 3.4.1.4. Threat of new entrant
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Technological landscape
  - 3.4.2.3. Economic Landscape

Chapter 4. Internal Combustion Engine Market: Fuel Type Estimates & Trend Analysis

4.1. Internal Combustion Engine Market: Key Takeaways
4.2. Internal Combustion Engine Market: Fuel Type Movement & Market Share Analysis, 2022 & 2030
4.3. Petroleum
- 4.3.1. Petroleum market estimates and forecasts, 2017 to 2030 (Thousand Units)
4.4. Natural Gas
- 4.4.1. Natural gas market estimates and forecasts, 2017 to 2030 (Thousand Units)

Chapter 5. Internal Combustion Engine Market: End-use Estimates & Trend Analysis

5.1. Internal Combustion Engine Market: Key Takeaways
5.2. Internal Combustion Engine Market: End-use Movement & Market Share Analysis, 2022 & 2030
5.3. Automotive
- 5.3.1. Automotive market estimates and forecasts, 2017 to 2030 (Thousand Units)
5.4. Marine
- 5.4.1. Marine market estimates and forecasts, 2017 to 2030 (Thousand Units)
5.5. Aircraft
- 5.5.1. Aircraft market estimates and forecasts, 2017 to 2030 (Thousand Units)

Chapter 6. Internal Combustion Engine Market: Regional Estimates & Trend Analysis

6.1. Regional Outlook
6.2. Internal Combustion Engine Market by Region: Key Takeaways
6.3. North America
- 6.3.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
- 6.3.2. U.S.
  - 6.3.2.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
- 6.3.3. Canada
  - 6.3.3.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
6.4. Europe
- 6.4.1. UK
  - 6.4.1.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
- 6.4.2. Germany
  - 6.4.2.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
- 6.4.3. France
  - 6.4.3.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
6.5. Asia Pacific
- 6.5.1. Japan
  - 6.5.1.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
- 6.5.2. China
  - 6.5.2.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
- 6.5.3. India
  - 6.5.3.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
- 6.5.4. Australia
  - 6.5.4.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
- 6.5.5. South Korea
  - 6.5.5.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
6.6. Latin America
- 6.6.1. Brazil
  - 6.6.1.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
- 6.6.2. Mexico
  - 6.6.2.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
6.7. MEA
- 6.7.1. Saudi Arabia
  - 6.7.1.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
- 6.7.2. South Africa
  - 6.7.2.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)
- 6.7.3. UAE
  - 6.7.3.1. Market estimates and forecasts, 2017 to 2030 (Volume, Thousand Units)

Chapter 7. Competitive Landscape

7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Market Participant Categorization
- 7.2.1. AB Volvo
  - 7.2.1.1. Company overview
  - 7.2.1.2. Financial performance
  - 7.2.1.3. Product benchmarking
  - 7.2.1.4. Strategic initiatives
- 7.2.2. TOYOTA MOTOR CORPORATION
  - 7.2.2.1. Company overview
  - 7.2.2.2. Financial performance
  - 7.2.2.3. Product benchmarking
  - 7.2.2.4. Strategic initiatives
- 7.2.3. Volkswagen Group
  - 7.2.3.1. Company overview
  - 7.2.3.2. Financial performance
  - 7.2.3.3. Product benchmarking
  - 7.2.3.4. Strategic initiatives
- 7.2.4. Rolls-Royce plc
  - 7.2.4.1. Company overview
  - 7.2.4.2. Financial performance
  - 7.2.4.3. Product benchmarking
  - 7.2.4.4. Strategic initiatives
- 7.2.5. Mahindra & Mahindra Ltd.
  - 7.2.5.1. Company overview
  - 7.2.5.2. Financial performance
  - 7.2.5.3. Product benchmarking
  - 7.2.5.4. Strategic initiatives
- 7.2.6. Renault Group
  - 7.2.6.1. Company overview
  - 7.2.6.2. Financial performance
  - 7.2.6.3. Product benchmarking
  - 7.2.6.4. Strategic initiatives
- 7.2.7. MITSUBISHI HEAVY INDUSTRIES, LTD.
  - 7.2.7.1. Company overview
  - 7.2.7.2. Financial performance
  - 7.2.7.3. Product benchmarking
  - 7.2.7.4. Strategic initiatives
- 7.2.8. MAN
  - 7.2.8.1. Company overview
  - 7.2.8.2. Financial performance
  - 7.2.8.3. Product benchmarking
  - 7.2.8.4. Strategic initiatives
- 7.2.9. General Motors
  - 7.2.9.1. Company overview
  - 7.2.9.2. Financial performance
  - 7.2.9.3. Product benchmarking
  - 7.2.9.4. Strategic initiatives
- 7.2.10. Ford Motor Company
  - 7.2.10.1. Company overview
  - 7.2.10.2. Financial performance
  - 7.2.10.3. Product benchmarking
  - 7.2.10.4. Strategic initiatives
- 7.2.11. FCA US LLC
  - 7.2.11.1. Company overview
  - 7.2.11.2. Financial performance
  - 7.2.11.3. Product benchmarking
  - 7.2.11.4. Strategic initiatives
- 7.2.12. Robert Bosch GmbH
  - 7.2.12.1. Company overview
  - 7.2.12.2. Financial performance
  - 7.2.12.3. Product benchmarking
  - 7.2.12.4. Strategic initiatives
- 7.2.13. AGCO Corporation
  - 7.2.13.1. Company overview
  - 7.2.13.2. Financial performance
  - 7.2.13.3. Product benchmarking
  - 7.2.13.4. Strategic initiatives
- 7.2.14. Caterpillar
  - 7.2.14.1. Company overview
  - 7.2.14.2. Financial performance
  - 7.2.14.3. Product benchmarking
  - 7.2.14.4. Strategic initiatives
- 7.2.15. Shanghai Diesel Engine Co., Ltd.
  - 7.2.15.1. Company Overview
  - 7.2.15.2. Financial performance
  - 7.2.15.3. Product benchmarking
  - 7.2.15.4. Strategic initiatives

Product Code: 978-1-68038-591-5

List of Tables

Table 1 List of abbreviations
Table 2 North America internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 3 North America internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 4 North America internal combustion engine market, by region, 2017 to 2030 (Thousand Units)
Table 5 U.S. internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 6 U.S. internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 7 Canada internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 8 Canada internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 9 Europe internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 10 Europe internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 11 Europe internal combustion engine market, by region, 2017 to 2030 (Thousand Units)
Table 12 Germany internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 13 Germany internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 14 UK internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 15 UK internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 16 France internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 17 France internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 18 Asia Pacific internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 19 Asia Pacific internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 20 Asia Pacific internal combustion engine market, by region, 2017 to 2030 (Thousand Units)
Table 21 China internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 22 China internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 23 Japan internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 24 Japan internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 25 India internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 26 India internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 27 Australia internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 28 Australia internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 29 South Korea internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 30 South Korea internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 31 Latin America internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 32 Latin America internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 33 Latin America internal combustion engine market, by region, 2017 to 2030 (Thousand Units)
Table 34 Brazil internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 35 Brazil internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 36 Mexico internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 37 Mexico internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 38 Middle East and Africa internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 39 Middle East and Africa internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 40 Middle East and Africa internal combustion engine market, by region, 2017 to 2030 (Thousand Units)
Table 41 South Africa internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 42 South Africa internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 43 Saudi Arabia internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 44 Saudi Arabia internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)
Table 45 UAE internal combustion engine market, by fuel type, 2017 - 2030 (Thousand Units)
Table 46 UAE internal combustion engine market, by end-use, 2017 - 2030 (Thousand Units)

List of Figures

Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Internal combustion engine: Market outlook
Fig. 9 Internal combustion engine: Competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 Industry value chain analysis
Fig. 14 Internal combustion engine market driver impact
Fig. 15 Internal combustion engine market restraint impact
Fig. 16 Internal Combustion Engine Market Strategic Initiatives Analysis
Fig. 17 Internal combustion engine market: Fuel type movement analysis
Fig. 18 Internal combustion engine market: Fuel type outlook and key takeaways
Fig. 19 Petroleum market estimates and forecasts, 2017 - 2030
Fig. 20 Natural gas market estimates and forecasts, 2017 - 2030
Fig. 21 Internal combustion engine market: End-use movement analysis
Fig. 22 Internal combustion engine market: End-use outlook and key takeaways
Fig. 23 Automotive market estimates and forecasts, 2017 - 2030
Fig. 24 Marine market estimates and forecasts, 2017 - 2030
Fig. 25 Aircraft market estimates and forecasts, 2017 - 2030
Fig. 26 Global internal combustion engine market: Regional movement analysis
Fig. 27 Global internal combustion engine market: Regional outlook and key takeaways
Fig. 28 North America market estimates and forecasts, 2017 - 2030
Fig. 29 U.S. market estimates and forecasts, 2017 - 2030
Fig. 30 Canada market estimates and forecasts, 2017 - 2030
Fig. 31 Europe market estimates and forecasts, 2017 - 2030
Fig. 32 UK market estimates and forecasts, 2017 - 2030
Fig. 33 Germany market estimates and forecasts, 2017 - 2030
Fig. 34 France market estimates and forecasts, 2017 - 2030
Fig. 35 Asia Pacific market estimates and forecasts, 2017 - 2030
Fig. 36 Japan market estimates and forecasts, 2017 - 2030
Fig. 37 China market estimates and forecasts, 2017 - 2030
Fig. 38 India market estimates and forecasts, 2017 - 2030
Fig. 39 Australia market estimates and forecasts, 2017 - 2030
Fig. 40 South Korea market estimates and forecasts, 2017 - 2030
Fig. 41 Latin America market estimates and forecasts, 2017 - 2030
Fig. 42 Brazil market estimates and forecasts, 2017 - 2030
Fig. 43 Mexico market estimates and forecasts, 2017 - 2030
Fig. 44 Middle East and Africa market estimates and forecasts, 2017 - 2030
Fig. 45 Saudi Arabia market estimates and forecasts, 2017 - 2030
Fig. 46 South Africa market estimates and forecasts, 2017 - 2030
Fig. 47 UAE market estimates and forecasts, 2017 - 2030

Internal Combustion Engine Market Size, Share & Trends Analysis Report By Fuel Type (Petroleum, Natural Gas), By End-use (Automotive, Marine, Aircraft), By Region, And Segment Forecasts, 2023 - 2030

Description

Table of Contents

List of Tables

Internal Combustion Engine Market Growth & Trends:

Internal Combustion Engine Market Report Highlights:

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 Market: Fuel Type Estimates & Trend Analysis

Chapter 5. Internal Combustion Engine Market: End-use Estimates & Trend Analysis

Chapter 6. Internal Combustion Engine Market: Regional Estimates & Trend Analysis

Chapter 7. Competitive Landscape

List of Tables

List of Figures