Global Cylinder Block Market was valued at USD 6.4 billion in 2020 and is projected to reach USD 9.5 billion by 2027, growing at a CAGR of 5.4% during the forecast period.
In the automotive industry, the cylinder block is a crucial component of an engine. It serves as the foundation of an engine and provides the housing for various internal components such as pistons, crankshafts, and connecting rods. The global cylinder block market is expected to witness steady growth in the coming years due to the increasing demand for vehicles and the need for better fuel efficiency.
The market is segmented into cast iron, aluminum, and others. Cast iron cylinder blocks are widely used in commercial vehicles due to their high strength and durability. Aluminum cylinder blocks are lighter in weight and offer better fuel efficiency, making them suitable for passenger cars. The others segment includes materials such as magnesium and composite materials.
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The global cylinder block market is expected to witness steady growth in the coming years, owing to the increasing demand for vehicles and the need for better fuel efficiency. The market is segmented by material, by engine type, by end-use, and by region. Cast iron and aluminum are the two widely used materials in the market, while gasoline and diesel engines are the most common engine types. OEMs and aftermarket are the two end-use segments in the market. Asia Pacific is the largest market for cylinder blocks, while North America is expected to witness steady growth in the coming years. The key players in the market are focusing on research and development activities to introduce innovative products and gain a competitive edge in the market.
This report examines all the key factors influencing growth of global Cylinder Block market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Cylinder Block market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Top Key Players of Cylinder Block Market:
Caterpillar
MITSUBISHI
Beijing-Hyundai
DEUTZ
MAN B&W
FAW-VOLKSWAGEN
Scania
Isuzu
Morse
HYUNDAI
VWPT
Yanmar
Leyland
SHENLONG
Iveco
DONGFENG-NISSAN
Cummins
Global Cylinder Block Market: By Types
In-Line Arrangement
V-Pattern
Counter-Position Placement
Global Cylinder Block Market: By Applications
Below Six Cylinder Engine with Single-Row Type
Generally Used for More Than 8 Cylinder Engine
Global Cylinder Block Market: Regional Analysis
The countries covered in the regional analysis of the Global Cylinder Block market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Objectives of the Study:
- To provide with an exhaustive analysis on the Market by Product, By Application, By End User and by Region.
- To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
- To evaluate and forecast micro-markets and the overall market
- To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
- To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
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