| Product Code: ETC022401 | Publication Date: Oct 2020 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In 2024, the United States saw a significant shift in the import landscape for internal combustion engines, with top exporters including Austria, Canada, Australia, UK, and Switzerland. The Herfindahl-Hirschman Index (HHI) indicated a transition from low to high concentration, reflecting changing market dynamics. The compound annual growth rate (CAGR) from 2020 to 2024 was notably negative at -28.93%, with a further decline in growth rate from 2023 to 2024 at -56.72%. These trends suggest a challenging environment for internal combustion engine imports in the US market, warranting a closer look at evolving trade patterns and factors driving this decline.

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 United States (US) Internal Combustion Engines Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Internal Combustion Engines Market Revenues & Volume, 2019 & 2026F |
3.3 United States (US) Internal Combustion Engines Market - Industry Life Cycle |
3.4 United States (US) Internal Combustion Engines Market - Porter's Five Forces |
3.5 United States (US) Internal Combustion Engines Market Revenues & Volume Share, By Fuel, 2019 & 2026F |
3.6 United States (US) Internal Combustion Engines Market Revenues & Volume Share, By End-Users, 2019 & 2026F |
4 United States (US) Internal Combustion Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles and heavy-duty equipment in the United States |
4.2.2 Growing adoption of hybrid internal combustion engines for improved fuel efficiency and reduced emissions |
4.2.3 Rising investments in research and development for innovative internal combustion engine technologies |
4.3 Market Restraints |
4.3.1 Stringent emission regulations requiring internal combustion engines to meet higher environmental standards |
4.3.2 Shift towards electric vehicles leading to potential decline in demand for traditional internal combustion engines |
4.3.3 Volatility in raw material prices impacting manufacturing costs of internal combustion engines |
5 United States (US) Internal Combustion Engines Market Trends |
6 United States (US) Internal Combustion Engines Market, By Types |
6.1 United States (US) Internal Combustion Engines Market, By Fuel |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Internal Combustion Engines Market Revenues & Volume, By Fuel, 2016 - 2026F |
6.1.3 United States (US) Internal Combustion Engines Market Revenues & Volume, By Petroleum, 2016 - 2026F |
6.1.4 United States (US) Internal Combustion Engines Market Revenues & Volume, By Natural Gas, 2016 - 2026F |
6.2 United States (US) Internal Combustion Engines Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Internal Combustion Engines Market Revenues & Volume, By Automotive, 2016 - 2026F |
6.2.3 United States (US) Internal Combustion Engines Market Revenues & Volume, By Aircraft, 2016 - 2026F |
6.2.4 United States (US) Internal Combustion Engines Market Revenues & Volume, By Marine, 2016 - 2026F |
7 United States (US) Internal Combustion Engines Market Import-Export Trade Statistics |
7.1 United States (US) Internal Combustion Engines Market Export to Major Countries |
7.2 United States (US) Internal Combustion Engines Market Imports from Major Countries |
8 United States (US) Internal Combustion Engines Market Key Performance Indicators |
8.1 Average fuel efficiency of internal combustion engines in the United States |
8.2 Adoption rate of hybrid internal combustion engines in the market |
8.3 Investment in RD for internal combustion engine technologies |
8.4 Compliance rate with emission regulations for internal combustion engines |
8.5 Price trends of key raw materials used in internal combustion engine manufacturing |
9 United States (US) Internal Combustion Engines Market - Opportunity Assessment |
9.1 United States (US) Internal Combustion Engines Market Opportunity Assessment, By Fuel, 2019 & 2026F |
9.2 United States (US) Internal Combustion Engines Market Opportunity Assessment, By End-Users, 2019 & 2026F |
10 United States (US) Internal Combustion Engines Market - Competitive Landscape |
10.1 United States (US) Internal Combustion Engines Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Internal Combustion Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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