Home > Automotive > Automotive Technology > Automotive Engine Encapsulation Market

Automotive Engine Encapsulation Market Size

  • Report ID: GMI4950
  • Published Date: Feb 2021
  • Report Format: PDF

Automotive Engine Encapsulation Market Size

Automotive Engine Encapsulation Market size valued at USD 6 billion in 2020 and is estimated to exhibit 4.5% CAGR from 2021 to 2027. The automotive engine encapsulation insulates the engine from the exterior environment and retains heat from the engine after it switches off, decelerating engine cool-down and increasing the possibility for high initial temperature at successive engine start. This results in shorter warm-up and also reduces the wear & tear between engine components and fuel consumption during engine warm-up, driving the industry growth.

 

Automotive Engine Encapsulation Market

To understand key trends  
Download Free Sample
 

Many automotive engine encapsulation companies are focusing on product innovations, such as developing materials, that have higher heat resistance and also fulfil the standards laid by various government authorities worldwide. Moreover, stringent exhaust emission regulations adopted by several countries provide opportunities for automotive engine encapsulation manufacturers. Automotive engine encapsulation is fuel-efficient and reduces noise from the engine and heat transfer compared to non-automotive engine encapsulation vehicles, thereby automotive manufacturers are adopting automotive engine encapsulation.
 

 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Automotive engine encapsulation market share was recorded at USD 6 billion in 2020 and will grow at a CAGR of 4.5% through 2027.

The passenger car segment is set to value at nearly USD 5 billion by 2027 owing to their increasing sale and rising demand from aftermarket sector.

Due to their lower cost and ease of installation, mounted segment will grow at a CAGR of 4.5% through 2027.

OEM segment held more than 90% of the overall industry share in 2020 and will grow owing to soaring automotive production worldwide.

North America will capture nearly 20% of the global market share by 2027 driven by the presence of a huge vehicle fleet and automotive industry.

Automotive Engine Encapsulation Market Scope

Buy Now

Access to only 1 person; cannot be shared; cannot be printed
Access for 2 to 5 users only within same department of one company
Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Premium Report Details

  • Base Year: 2020
  • Companies covered: 15
  • Tables & Figures: 301
  • Countries covered: 21
  • Pages: 200
 Download Free Sample