What is the current Automotive Engine Cylinder Block Market size?

The Automotive Engine Cylinder Block Market is projected to register a CAGR of greater than 4.5% during the forecast period (2024-2029) Read More

Who are the key players in Automotive Engine Cylinder Block Market?

Cummins , Perkin’s Engine company, Yasunaga corporation, Fiat Chrysler Automobiles and Deutz are the major companies operating in the Automotive Engine Cylinder Block Market. Read More

Which is the fastest growing region in Automotive Engine Cylinder Block Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automotive Engine Cylinder Block Market?

In 2024, the Asia-Pacific accounts for the largest market share in Automotive Engine Cylinder Block Market. Read More

What years does this Automotive Engine Cylinder Block Market cover?

The report covers the Automotive Engine Cylinder Block Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Engine Cylinder Block Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Automotive Engine Cylinder Block Market

Automotive Engine Cylinder Block Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Automotive Engine Cylinder Block Market is Segmented by Material Type (Cast Iron and Aluminum alloy), Vehicle Type (Passenger Cars and Commercial Vehicles), and Geography (North America, Europe, Asia-Pacific, and Rest of the world). The report offers market size and forecasts for Automotive Engine Cylinder Block Market in value (USD billion) for all the above segments.

Automotive Engine Cylinder Block Industry Overview

The Automotive engine piston rings market is fragmented, with several players vying for a considerable share in the market. Some of the prominent companies in the Automotive Engine Cylinder Block market are Cummins, Perkin's Engine Co., Fiat Chrysler automobiles and others. Companies are investing heavily in research and development for the innovation of new and advanced products and technologies. In March 2020, Fiat Chrysler Automobiles announced that they will be investing USD 400million to use their transmission plant in Indiana to build engines. For instance,

In March 2021, Stellantis officially started the new production line for GSE Turbo engines, inside the Fiat Powertrain Technologies plant in Betim, Brazil, making it the largest powertrain production plant in Latin America, with an annual capacity of 700,000 engines and 500,000 transmissions. With an area of 12,000 square meters, the plant has two machining lines for cylinder heads and engine blocks and an assembly line, divided into three cycles: cylinder head, short block and long block.
In April 2021, ASIMCO announced that construction of its automotive component manufacturing site project commenced in the city of Yuncheng, Shanxi Province. The project has received a total investment of CNY 1.05 billion and will mainly produce cylinder blocks and covers for 10-15L diesel engines, with an annual output expected to reach CNY 1.5 billion. Casting production lines and intelligent processing lines will be built with a designed capacity of 60,000 tons.