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World - Equipment For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - Equipment For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights

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Internal combustion engine equipment market

Internal combustion engine equipment market: get access to new facts and figures powered by an Ai-driven market research tool. Data provide exports, consumption, imports, market size, trade, production, market prices, and companies. There is a breakdown by region, including the Middle East, the U.S., China, Russia, Africa, the U.K., Latin America, and EU. Market trends and forecast to 2030 are also provided in the snapshots.

Internal Combustion Engine Equipment - World's Largest Markets

RatingCountry
1Romania
2China
3United States
4India
5Russia

In value terms, Romania, China and the United States were the countries with the highest levels of market value in 2020, with a combined 32% share of the global market. These countries were followed by India, Russia, Japan, Germany, Indonesia, Brazil, France, Mexico, Turkey and Italy, which together accounted for a further 22%.

In terms of the main consuming countries, Brazil saw the highest rates of growth with regard to market size, over the period under review, while internal combustion engine equipment market for the other global leaders experienced more modest paces of growth.

Internal Combustion Engine Equipment Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
China6.66.45-12.6%
Mexico7.18.15.1-14.8%
India77.65.9-8.1%
Thailand6.78.56.2-4.1%
Japan5.57.6712.9%
Taiwan (Chinese)13127.2-26.3%
United States141613-4.1%
Italy251614-26.1%
Germany1216148.9%
France161714-5.5%
United Kingdom201715-13.3%
Average9.711116.8%

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($15 per unit), while China ($5 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced mixed trends in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
United States241918-14.5%
Mexico50299.6-56.1%
Germany67.58.418.5%
Thailand69.86.86.8%
France6.56.66.60.9%
Burkina Faso5.486.38.1%
Italy6.26.26.1-0.3%
Turkey5.45.35.4-0.7%
United Kingdom7.86.65.1-19.1%
Canada107564.2-80.1%
Brazil5.77.24.2-13.9%
Indonesia4.14.62.2-26.3%
Venezuela1.20.90.8-21.8%
Average8.39.17.2-6.8%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($18 per unit), while Venezuela ($0.8 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Internal Combustion Engine Equipment - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.20.20.2-7.0%
Germany0.10.10.09-19.0%
Mexico0.050.040.0714.1%
Canada0.050.050.05-4.7%
Italy0.020.020.0423.2%

In value terms, the United States ($162M), Germany ($94M) and Mexico ($71M) were the countries with the highest levels of imports in 2020, with a combined 36% share of global imports. Canada, Italy, the UK, France, Thailand, Brazil, Burkina Faso, Turkey, Indonesia and Venezuela lagged somewhat behind, together comprising a further 28%.

Burkina Faso (+719.5% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Internal Combustion Engine Equipment - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Germany1661551773.4%
Japan210160140-18.3%
United States178186136-12.6%
France53586612.2%
Italy22224339.9%

In value terms, the largest internal combustion engine equipment supplying countries worldwide were Germany ($177M), Japan ($141M) and the United States ($136M), with a combined 53% share of global exports. These countries were followed by France, Italy, China, Thailand, the UK, Taiwan (Chinese), Mexico and India, which together accounted for a further 28%.

Italy saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Internal Combustion Engine Equipment - Market Forecast

Driven by rising demand for internal combustion engine equipment worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Internal Combustion Engine Equipment - Product Coverage

  • HS 851180 - Ignition or starting equipment; n.e.s. in heading no. 8511, of a kind used for spark or compression-ignition internal combustion engines

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for internal combustion engine equipment. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 29312270 - Equipment, n.e.c., for internal combustion engines

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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