Product Code: ETC046389 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The automotive cylinder block market in the Philippines is projected to register a healthy CAGR of 4.9% during the forecast period 2025-2031. The increasing adoption of automated and digital driving technologies, such as autonomous vehicles and connected cars, is anticipated to create profitable opportunities for the growth of the Philippine automotive cylinder block market over the forecast period. Additionally, rising consumer preference towards fuel efficient vehicles and stringent government regulations on automotive emissions have positively influenced the development of this market in recent times
Increasing demand from aftermarket players has boosted production activities related to automotive cylinder blocks in recent years due to their higher durability compared with OEM components. Moreover, growing investments by manufacturers towards developing lightweight aluminum blocks are expected to further enhance product offerings within this industry segment over the forthcoming years. Furthermore, advancements in manufacturing processes associated with engine component production are likely to contribute significantly toward expanding potential customer base across different sectors including commercial vehicle and passenger car industries throughout 2025-2031 timeline
Growing awareness about green transportation solutions among consumers has encouraged automobile producers operating in Philippines region introduce more hybrid & electric vehicle models into local markets which will drive sales volume for advanced & heavy duty engine components like cylinder blocks over next few years. Additionally, surging investment by OEMs towards enhancing safety features within automobiles has resulted into increased utilization rate for these products thereby propelling overall expansion of Philippine automotive cylinder block market throughout 2025-2031 timeframe
High cost associated with raw materials used for manufacturing different types of engine parts may challenge sustainable growth prospects for this industry vertical particularly during uncertain economic environment caused due COVID 19 pandemic situation across global economy . Moreover , presence strong competition amongst multiple vendors engaged in supplying similar varieties may force manufactures struggle pricing pressure impacting profitability margins negatively
Major players operating within Philippine Automotive Cylinder Block Market include Mahle GmbH , Infineon Technologies AG , Continental AG , Delphi Automotive PLC , Robert Bosch GmBH along others who collectively account significant revenue share (%) contribution terms value . Furthermore new entrants looking expand geographic reach or target untapped user segments must focus providing innovative product solutions at competitive price point capitalize regional opportunities through 2031 end
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Automotive Cylinder Block Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Automotive Cylinder Block Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Automotive Cylinder Block Market - Industry Life Cycle |
3.4 Philippines Automotive Cylinder Block Market - Porter's Five Forces |
3.5 Philippines Automotive Cylinder Block Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Automotive Cylinder Block Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Philippines Automotive Cylinder Block Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Philippines Automotive Cylinder Block Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Automotive Cylinder Block Market Trends |
6 Philippines Automotive Cylinder Block Market, By Types |
6.1 Philippines Automotive Cylinder Block Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Automotive Cylinder Block Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Automotive Cylinder Block Market Revenues & Volume, By Inline Engine, 2021-2031F |
6.1.4 Philippines Automotive Cylinder Block Market Revenues & Volume, By V Engine, 2021-2031F |
6.1.5 Philippines Automotive Cylinder Block Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Automotive Cylinder Block Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Automotive Cylinder Block Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.2.3 Philippines Automotive Cylinder Block Market Revenues & Volume, By Aluminum Alloy, 2021-2031F |
6.3 Philippines Automotive Cylinder Block Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Automotive Cylinder Block Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.3.3 Philippines Automotive Cylinder Block Market Revenues & Volume, By Light Commercial Vehicle (LCV), 2021-2031F |
6.3.4 Philippines Automotive Cylinder Block Market Revenues & Volume, By Heavy Commercial Vehicle (HCV), 2021-2031F |
7 Philippines Automotive Cylinder Block Market Import-Export Trade Statistics |
7.1 Philippines Automotive Cylinder Block Market Export to Major Countries |
7.2 Philippines Automotive Cylinder Block Market Imports from Major Countries |
8 Philippines Automotive Cylinder Block Market Key Performance Indicators |
9 Philippines Automotive Cylinder Block Market - Opportunity Assessment |
9.1 Philippines Automotive Cylinder Block Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Automotive Cylinder Block Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Philippines Automotive Cylinder Block Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Philippines Automotive Cylinder Block Market - Competitive Landscape |
10.1 Philippines Automotive Cylinder Block Market Revenue Share, By Companies, 2024 |
10.2 Philippines Automotive Cylinder Block Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |