| Product Code: ETC8840545 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The engine components import market in the Philippines saw increased competition in 2024, with Japan, China, Germany, USA, and South Korea emerging as the top exporting countries. The market concentration shifted from low to moderate, indicating a more balanced distribution among suppliers. The steady CAGR of 2.56% from 2020 to 2024 and the impressive growth rate of 15.19% from 2023 to 2024 highlight the market`s resilience and potential for further expansion. This dynamic landscape presents opportunities for both local businesses and international suppliers to capitalize on the growing demand for engine components in the Philippines.

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 Engine Components Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Engine Components Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Engine Components Market - Industry Life Cycle |
3.4 Philippines Engine Components Market - Porter's Five Forces |
3.5 Philippines Engine Components Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.6 Philippines Engine Components Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Engine Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the automotive industry in the Philippines |
4.2.2 Increasing demand for aftermarket engine components |
4.2.3 Technological advancements in engine components manufacturing |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent government regulations on emissions standards |
4.3.3 Competition from counterfeit engine components |
5 Philippines Engine Components Market Trends |
6 Philippines Engine Components Market, By Types |
6.1 Philippines Engine Components Market, By Components |
6.1.1 Overview and Analysis |
6.1.2 Philippines Engine Components Market Revenues & Volume, By Components, 2021- 2031F |
6.1.3 Philippines Engine Components Market Revenues & Volume, By Valve tappet/ Roller tappet, 2021- 2031F |
6.1.4 Philippines Engine Components Market Revenues & Volume, By Screw Cap Assembly, 2021- 2031F |
6.1.5 Philippines Engine Components Market Revenues & Volume, By Collet/Cotter, 2021- 2031F |
6.1.6 Philippines Engine Components Market Revenues & Volume, By Retiner, 2021- 2031F |
6.2 Philippines Engine Components Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Engine Components Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Philippines Engine Components Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2.4 Philippines Engine Components Market Revenues & Volume, By Ligjht Duty Vehicle, 2021- 2031F |
6.2.5 Philippines Engine Components Market Revenues & Volume, By Medium & Heavy Duty Trucks, 2021- 2031F |
6.2.6 Philippines Engine Components Market Revenues & Volume, By Buses & Coaches, 2021- 2031F |
6.2.7 Philippines Engine Components Market Revenues & Volume, By Two-wheelers, 2021- 2031F |
6.2.8 Philippines Engine Components Market Revenues & Volume, By Tractors, 2021- 2031F |
6.2.9 Philippines Engine Components Market Revenues & Volume, By Tractors, 2021- 2031F |
6.2.10 Philippines Engine Components Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Engine Components Market Import-Export Trade Statistics |
7.1 Philippines Engine Components Market Export to Major Countries |
7.2 Philippines Engine Components Market Imports from Major Countries |
8 Philippines Engine Components Market Key Performance Indicators |
8.1 Average age of vehicles in the Philippines |
8.2 Number of vehicles on the road |
8.3 Adoption rate of new engine technologies |
8.4 Investment in research and development for engine components |
8.5 Environmental regulations compliance rate |
9 Philippines Engine Components Market - Opportunity Assessment |
9.1 Philippines Engine Components Market Opportunity Assessment, By Components, 2021 & 2031F |
9.2 Philippines Engine Components Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Engine Components Market - Competitive Landscape |
10.1 Philippines Engine Components Market Revenue Share, By Companies, 2024 |
10.2 Philippines Engine Components Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |