Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Type (Low-speed Engine, Medium-speed Engine, High-speed Engine), By End-Users (Automotive, Marine, Aircraft), By Fuel (Petroleum, Natural Gas), By Component Types (Cylinder, Piston, Crankshaft, Others) And Competitive Landscape
Product Code: ETC13198980 | Publication Date: Apr 2025 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
According to 6wresearch internal database and industry insights, the Global Internal Combustion Engine Components Market is projected to grow at a CAGR of 10.2%from 2025-2031. The Global Internal Combustion Engine Components Marketwas valued at USD 838.4 billionin 2024 and is expected to reach USD 1,515.6 billion by 2031.
Report Name | Global Internal Combustion Engine Components Market |
Forecast Period | 2025-2031 |
Market Size | 1,515.6 billionby 2031 |
CAGR | 10.2% |
Growing Sector | Automotive Components and Parts |
The Global Internal combustion engine components Market report thoroughly covers the market by Regions and Countries, by Type, by End-Users, by Fuel, and by Component Types.The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Global Internal Combustion Engine Components Market continues to grow at a steady, yet stolid pace and the market signifies the value of the fact that although the vehicles represent one of the most convenient methods of transportation, there are challenges and setbacks that come along with the combustion engine, as we have already seen in the last decade or so. It includes the essentials such as pistons, crankshafts, cam shafts, valves and fuel injection systems. Applications in passenger vehicles, commercial trucks, agricultural and other off-highway equipment, especially in growth markets, are driving demand. Research and development are still fuelling technological advances in fuel efficiency and emission control. But environmental regulations and adoption of electric vehicles are putting the market under pressure, leading to diversification and strategic response from the main players.
Global Internal combustion engine components Marketis expected to grow at a significant CAGR of 10.2%during the forecast period 2025-2031. The ongoing need for Global Internal Combustion Engine Components Market powered vehicles, especially in developing nations where EV acceptance is still low, drives mostly the world internal combustion engine parts market. Commercial vehicles, agriculture, and construction machinery's expansion supports market momentum. Global Internal Combustion Engine Components Market Growth is further fueled by technological advancements aimed at increasing fuel efficiency and reducing emissions. Moreover, increasing demand in the automotive aftermarket—especially for replacement partsraises component needs. The integration of hybrid vehicles, which still rely on ICE systems, also sustains demand. Urbanization, industrialization, and infrastructure development in developing nations reinforce long-term growth prospects for ICE components.
The Global Internal Combustion Engine Components Marketfaces mounting challenges as environmental regulations intensify and the shift toward electrification accelerates. Declining demand for traditional fuel-powered vehicles in developed regions, coupled with rising raw material costs and supply chain disruptions, impacts profitability. Additionally, the growing adoption of hybrid and electric vehicles poses a long-term threat to ICE component manufacturers. Technological obsolescence and the need for continuous R&D investment further strain companies striving to remain competitive. The market must also navigate geopolitical tensions affecting trade and cross-border component sourcing.
Current trends in the Global Internal Combustion Engine Components Industryreflect efforts to enhance engine efficiency, reduce emissions, and comply with evolving regulatory standards. Manufacturers are investing in lightweight materials, advanced fuel injection systems, and precision-engineered components to optimize performance. Integration of digital diagnostics and smart engine technologies is also gaining traction. Despite the EV transition, demand for ICE components remains robust in heavy-duty, off-highway, and commercial vehicle sectors, particularly in emerging markets. Moreover, remanufacturing and aftermarket services are expanding as sustainability becomes a key industry priority.
While long-term electrification trends challenge the Global Internal Combustion Engine Components Market, significant investment opportunities remain. Emerging economies in Asia, Africa, and Latin America continue to rely heavily on ICE-powered vehicles, offering growth prospects for component manufacturers. Niche segments such as high-performance engines, off-highway vehicles, and marine applications present further opportunities. Investment in R&D for fuel-efficient and emission-compliant components can provide a competitive edge. Additionally, partnerships in aftermarket services, remanufacturing, and hybrid-compatible component development offer avenues for portfolio diversification and value-driven growth in a transitional automotive landscape.
Prominent players in the Global Internal Combustion Engine Components Marketinclude Bosch, Denso Corporation, MAHLE GmbH, Cummins Inc., and Valeo. These companies dominate through expansive global operations, technological expertise, and a diversified product portfolio. Their success is supported by long-standing partnerships with OEMs and robust R&D capabilities.
Governments worldwide have introduced stringent regulations to limit emissions from internal combustion engines, significantly impacting the Global Internal Combustion Engine Components Market. Regulatory bodies such as the EPA (U.S.), Euro norms (EU), and BS-VI (India) enforce strict standards on fuel efficiency, particulate matter, and NOx emissions. These mandates compel manufacturers to redesign components for cleaner combustion and integrate advanced technologies like exhaust gas recirculation (EGR) and turbocharging. Furthermore, incentives for EV adoption and carbon neutrality targets are gradually reducing ICE market share. Compliance costs and frequent updates to regulations continue to pose operational challenges.
Despite electrification trends, the Global Internal Combustion Engine Components Marketis expected to retain relevance in the near-to-midterm, particularly in heavy-duty, off-road, and rural mobility segments. Technological advancements in fuel efficiency, cleaner combustion, and synthetic fuels may prolong the lifecycle of internal combustion technologies. The market will likely see a dual focusmeeting tightening emissionnorms while preparing for a hybrid transition. Opportunities will persist in emerging markets, where ICE adoption remains strong. Strategic investments in innovation, lightweight materials, and aftermarket services will be essential for long-term resilience and competitive positioning.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch,Asia dominates the global internal combustion engine components market, driven by the massive automotive manufacturing base in countries like China, India, and Japan. Strong industrial growth, rising vehicle demand, and infrastructure development further solidify the region’s leadership.
High-speed engines lead the market due to their widespread use in passenger cars, light commercial vehicles, and power generators. Their efficiency, compact size, and suitability for daily applications make them the most in-demand type.
The automotive sector is the largest end-user of internal combustion engine components. A high global vehicle population and steady demand for both commercial and passenger vehicles ensure strong, consistent demand for ICE components.
Petroleum-based engines (gasoline and diesel) currently dominate, owing to their deep market penetration, mature infrastructure, and compatibility with most transportation applications despite rising interest in alternative fuels.
Among ICE components, the piston segment holds the largest market share. Pistons are essential for engine performance and undergo frequent wear and replacement, contributing to their high demand across vehicle types.
The market report provides a detailed analysis of the following market segments
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 Global Internal combustion engine components Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Internal combustion engine components Market Revenues & Volume, 2021 & 2031F |
3.3 Global Internal combustion engine components Market - Industry Life Cycle |
3.4 Global Internal combustion engine components Market - Porter's Five Forces |
3.5 Global Internal combustion engine components Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Internal combustion engine components Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Internal combustion engine components Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.8 Global Internal combustion engine components Market Revenues & Volume Share, By Fuel, 2021 & 2031F |
3.9 Global Internal combustion engine components Market Revenues & Volume Share, By Component Types, 2021 & 2031F |
4 Global Internal combustion engine components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Internal combustion engine components Market Trends |
6 Global Internal combustion engine components Market, 2021 - 2031 |
6.1 Global Internal combustion engine components Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Internal combustion engine components Market, Revenues & Volume, By Low-speed Engine, 2021 - 2031 |
6.1.3 Global Internal combustion engine components Market, Revenues & Volume, By Medium-speed Engine, 2021 - 2031 |
6.1.4 Global Internal combustion engine components Market, Revenues & Volume, By High-speed Engine, 2021 - 2031 |
6.2 Global Internal combustion engine components Market, Revenues & Volume, By End-Users, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Internal combustion engine components Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.2.3 Global Internal combustion engine components Market, Revenues & Volume, By Marine, 2021 - 2031 |
6.2.4 Global Internal combustion engine components Market, Revenues & Volume, By Aircraft, 2021 - 2031 |
6.3 Global Internal combustion engine components Market, Revenues & Volume, By Fuel, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Internal combustion engine components Market, Revenues & Volume, By Petroleum, 2021 - 2031 |
6.3.3 Global Internal combustion engine components Market, Revenues & Volume, By Natural Gas, 2021 - 2031 |
6.4 Global Internal combustion engine components Market, Revenues & Volume, By Component Types, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Internal combustion engine components Market, Revenues & Volume, By Cylinder, 2021 - 2031 |
6.4.3 Global Internal combustion engine components Market, Revenues & Volume, By Piston, 2021 - 2031 |
6.4.4 Global Internal combustion engine components Market, Revenues & Volume, By Crankshaft, 2021 - 2031 |
6.4.5 Global Internal combustion engine components Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Internal combustion engine components Market, Overview & Analysis |
7.1 North America Internal combustion engine components Market Revenues & Volume, 2021 - 2031 |
7.2 North America Internal combustion engine components Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Internal combustion engine components Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Internal combustion engine components Market, Revenues & Volume, By End-Users, 2021 - 2031 |
7.5 North America Internal combustion engine components Market, Revenues & Volume, By Fuel, 2021 - 2031 |
7.6 North America Internal combustion engine components Market, Revenues & Volume, By Component Types, 2021 - 2031 |
8 Latin America (LATAM) Internal combustion engine components Market, Overview & Analysis |
8.1 Latin America (LATAM) Internal combustion engine components Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Internal combustion engine components Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Internal combustion engine components Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Internal combustion engine components Market, Revenues & Volume, By End-Users, 2021 - 2031 |
8.5 Latin America (LATAM) Internal combustion engine components Market, Revenues & Volume, By Fuel, 2021 - 2031 |
8.6 Latin America (LATAM) Internal combustion engine components Market, Revenues & Volume, By Component Types, 2021 - 2031 |
9 Asia Internal combustion engine components Market, Overview & Analysis |
9.1 Asia Internal combustion engine components Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Internal combustion engine components Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Internal combustion engine components Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Internal combustion engine components Market, Revenues & Volume, By End-Users, 2021 - 2031 |
9.5 Asia Internal combustion engine components Market, Revenues & Volume, By Fuel, 2021 - 2031 |
9.6 Asia Internal combustion engine components Market, Revenues & Volume, By Component Types, 2021 - 2031 |
10 Africa Internal combustion engine components Market, Overview & Analysis |
10.1 Africa Internal combustion engine components Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Internal combustion engine components Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Internal combustion engine components Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Internal combustion engine components Market, Revenues & Volume, By End-Users, 2021 - 2031 |
10.5 Africa Internal combustion engine components Market, Revenues & Volume, By Fuel, 2021 - 2031 |
10.6 Africa Internal combustion engine components Market, Revenues & Volume, By Component Types, 2021 - 2031 |
11 Europe Internal combustion engine components Market, Overview & Analysis |
11.1 Europe Internal combustion engine components Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Internal combustion engine components Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Internal combustion engine components Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Internal combustion engine components Market, Revenues & Volume, By End-Users, 2021 - 2031 |
11.5 Europe Internal combustion engine components Market, Revenues & Volume, By Fuel, 2021 - 2031 |
11.6 Europe Internal combustion engine components Market, Revenues & Volume, By Component Types, 2021 - 2031 |
12 Middle East Internal combustion engine components Market, Overview & Analysis |
12.1 Middle East Internal combustion engine components Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Internal combustion engine components Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Internal combustion engine components Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Internal combustion engine components Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Internal combustion engine components Market, Revenues & Volume, By End-Users, 2021 - 2031 |
12.5 Middle East Internal combustion engine components Market, Revenues & Volume, By Fuel, 2021 - 2031 |
12.6 Middle East Internal combustion engine components Market, Revenues & Volume, By Component Types, 2021 - 2031 |
13 Global Internal combustion engine components Market Key Performance Indicators |
14 Global Internal combustion engine components Market - Export/Import By Countries Assessment |
15 Global Internal combustion engine components Market - Opportunity Assessment |
15.1 Global Internal combustion engine components Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Internal combustion engine components Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Internal combustion engine components Market Opportunity Assessment, By End-Users, 2021 & 2031F |
15.4 Global Internal combustion engine components Market Opportunity Assessment, By Fuel, 2021 & 2031F |
15.5 Global Internal combustion engine components Market Opportunity Assessment, By Component Types, 2021 & 2031F |
16 Global Internal combustion engine components Market - Competitive Landscape |
16.1 Global Internal combustion engine components Market Revenue Share, By Companies, 2024 |
16.2 Global Internal combustion engine components Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |