| Product Code: ETC5192850 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia internal combustion engine market experienced a notable -57.89% decline in import growth from 2023 to 2024, following a robust compound annual growth rate (CAGR) of 100.0% from 2020 to 2023. This sharp downturn could be attributed to shifts in demand dynamics, changes in trade policies, or market stabilization efforts during the period.
In the Asia region, the Internal Combustion Engine market in Armenia is projected to expand at a high growth rate of 14.37% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

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 Armenia Internal Combustion Engine Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Internal Combustion Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Internal Combustion Engine Market - Industry Life Cycle |
3.4 Armenia Internal Combustion Engine Market - Porter's Five Forces |
3.5 Armenia Internal Combustion Engine Market Revenues & Volume Share, By Fuel, 2021 & 2031F |
3.6 Armenia Internal Combustion Engine Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Armenia Internal Combustion Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Internal Combustion Engine Market Trends |
6 Armenia Internal Combustion Engine Market Segmentations |
6.1 Armenia Internal Combustion Engine Market, By Fuel |
6.1.1 Overview and Analysis |
6.1.2 Armenia Internal Combustion Engine Market Revenues & Volume, By Petroleum, 2021-2031F |
6.1.3 Armenia Internal Combustion Engine Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.2 Armenia Internal Combustion Engine Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Armenia Internal Combustion Engine Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Armenia Internal Combustion Engine Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Armenia Internal Combustion Engine Market Revenues & Volume, By Aircraft, 2021-2031F |
7 Armenia Internal Combustion Engine Market Import-Export Trade Statistics |
7.1 Armenia Internal Combustion Engine Market Export to Major Countries |
7.2 Armenia Internal Combustion Engine Market Imports from Major Countries |
8 Armenia Internal Combustion Engine Market Key Performance Indicators |
9 Armenia Internal Combustion Engine Market - Opportunity Assessment |
9.1 Armenia Internal Combustion Engine Market Opportunity Assessment, By Fuel, 2021 & 2031F |
9.2 Armenia Internal Combustion Engine Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Armenia Internal Combustion Engine Market - Competitive Landscape |
10.1 Armenia Internal Combustion Engine Market Revenue Share, By Companies, 2024 |
10.2 Armenia Internal Combustion Engine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |