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Home   Automotive, Aerospace and Transportation    Motor Vehicle Engine Parts

Motor Vehicle Engine Parts

Global demand for motor vehicle engine parts is forecast to expand 1.8% p.a. between 2015 and 2019. Currently, spark-ignition engine parts account for 56.4% of the global demand while diesel and semi-diesel engine parts have a 43.6% market share.

China, Germany, Japan, South Korea and the United States are considered the highest potential markets in the coming years. China, Germany, Japan, South Korea and the United States represent the largest motor vehicle engine part markets while the strongest annual growth is forecast to occur in Jordan (8.3%), Bolivia (5.6%), Czech Republic (4.7%), Ethiopia (4.6%) and Peru (3.8%).

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