Automotive Engine Encapsulation Market - Global Forecast to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 14, 2018--The “Automotive Engine Encapsulation Market by Product Type (Engine Mounted, Body Mounted), Material Type, Vehicle Class (Economic, Mid-Priced, Luxury), Fuel Type & Region (Asia Pacific, Europe, North America, Rest of The World) - Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The global automotive engine encapsulation market is estimated to be USD 4.16 billion in 2018 and is projected to reach USD 6.30 billion by 2025, growing at a CAGR of 6.13% from 2018 to 2025.
The market growth is primarily driven by the increasing demand for silent and fuel-efficient vehicles. However, the increasing demand for electric and hybrid vehicles can restrain the growth of engine encapsulation systems.
Body mounted encapsulation is projected to be the largest segment of the automotive engine encapsulation market. This segment is estimated to have the highest growth potential in the automotive engine encapsulation market, especially in Europe, which has a high penetration of luxury light-duty vehicles.
This vehicle segment is the primary application of body mounted encapsulations currently. Body mounted encapsulation system, which is made of high-quality materials such as carbon fiber, has a higher price when compared to engine mounted encapsulations. In addition, they must be installed on all sides of the engine, which is not the case for engine mounted encapsulation systems. Also, body mounted encapsulation is considered as the upcoming technology in the automotive engine encapsulation market.
Carbon fiber is a high-quality material used for the manufacturing of automotive engine encapsulations. Carbon fiber possesses excellent sound absorbing and thermal insulating properties, which make it expensive. However, as the demand for luxury vehicles increases around the globe, especially in developing countries such as India and China, the demand for carbon fiber is set to increase.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Technological Overview
7 Automotive Engine Encapsulation Market, By Fuel Type
8 Automotive Engine Encapsulation Market, By Material
9 Automotive Engine Encapsulation Market, By Product Type
10 Automotive Engine Encapsulation Market, By Vehicle Class & Region
11 Competitive Landscape
12 Company ProfilesAutoneum Holding AG Continental AG RoEchling SE & Co. Kg Elringklinger AG Greiner Group Furukawa Electric Co., Ltd. Woco Industrietechnik GmbH Adler Pelzer Holding GmbH SA Automotive Hennecke GmbH BASF Corporation 3M Deutschland GmbH Saint-Gobain Isover SA Polytec Holding AG Evonik Carcoustics Shared Services GmbH Uniproducts (India) Ltd. UGN, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/h39t4f/automotive_engine?w=4
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Related Topics:Engines and Engine Parts
INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE GENERAL AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 06/14/2018 10:21 AM/DISC: 06/14/2018 10:21 AM