Global Crate Engines Market is anticipated to reach US$ 38.54 Bn. by 2029 from US$ 25.46 Bn. in 2022 at a CAGR of 6.1% during a forecast period. Demand for crate engines is growing due to their increasing usage in place of internal combustion engines across the automobile sector. With growing motorsport competitions and passenger & commercial vehicles, the demand for crate engines is expected to grow during the forecast period (2023-2029). North America dominated the market and accounted for 69% of the market share in 2022To know about the Research Methodology :- Request Free Sample Report In report, 2022 is considered a base year however 2022’s numbers are on the real output of the companies in the market. Special attention is given to 2022 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Crate Engines Market Dynamics:
Demand for crate engines is growing due to their increasing usage in place of internal combustion engines across the automobile sector. With growing motorsport competitions and passenger & commercial vehicles, the demand for crate engines is expected to grow during the forecast period (2023-2029). In addition, growing demand for high-performance components in the automotive and marine sectors as crate engines are easy to ship from stock and are cost-effective than a complete rebuild of a defective engine is a key driver for the rising need for crate engines. The growing demand for vehicles across the globe: Vehicle production of around 11 million units dropped in 2022 as compared to 2019. Thus, approximately 16 percent of vehicle production declined between 2019 and 2022. However, the sale of vehicles is expected to gain traction in the second phase of 2021, which is expected to drive market growth during the forecast period (2023-2029). The rapidly growing automotive industry, increase in motorsports racing, and growing demand for rebuilt engines are some of the other factors that are fueling the growth of the global crate engines market. In motorsports racing, crate engines have gained popularity and are considered to be the most affordable option as compared to a purpose-built race engine. However, heavy investments by the major players in R&D activities for advancement the features of the crate engine, and developing market players are also some of the key features that are driving the growth of the market. Also, low maintenance and cost-efficient engines are opening new doors for market players. Furthermore, the growing focus on the development of innovative products and electric vehicle crate engines can create plenty of opportunities for the growth of the global crate engines market during the forecast period (2023-2029). Restraints: Low performance of the crate engine are expected to hamper the market growth during the forecast period (2023-2029).Crate Engines Market Segment Analysis:
By Engine Type, rebuilt crate engines are expected to account for 50% of the global market share during the forecast period (2023-2029). The growth of the segment is attributed to the benefits like extending the life of the engine and recycling engine parts to help reduce the amount of scrap in the environment. North America dominated the market and accounted for 69% of the market share in 2022. The growth of the market in the region is attributed to the high demand for crate engines in internal combustion engines, well-developed motorsport, and growing demand for customized bikes & cars. The U.S. is the largest market for crate engines in the region due to the sports-oriented population in this country, which increased the number of racing activities. Europe is expected to register the xx% CAGR over the forecast period (2022-2029). The growing automobile industry and growing research on high output engines for motorsports are some of the factors, expected to drive the growth of the market in this region. In the European region, Germany is expected to grow by 6% during the forecast period. Drivers in the country demand high-performance vehicles because motorsports competition events also increasing across the country, which is driving the market's growth in the country. Asia Pacific region is expected to grow at an x% over the forecast period. India is the largest market in the Asia & Pacific region for crate engines. The market in India is expected to grow at a CAGR of 8% during the forecast period. An increase in the number of vehicles for passenger and goods transportation, the growing fleet in the local automotive market are the factors leading to substantial growth of the crate engines market in India. The objective of the report is to present a comprehensive analysis of the Crate Engines Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Crate Engines Market dynamics, structure by analyzing the market segments and project the Crate Engines Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Crate Engines Market make the report investor’s guide.Crate Engines Market Scope: Inquire before buying
Crate Engines Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 25.46 Bn. Forecast Period 2023 to 2029 CAGR: 6.1% Market Size in 2029: US $ 38.54 Bn. Segments Covered: by Engine Type New Engines Rebuilt Engines Remanufactured Engines Used Engines by Fuel Gasoline Diesel by CC 600-1000 CC 1000-3000 CC 3000-5000 CC >5000 CC Crate Engines Market by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest) South America (Brazil, Argetina and Rest of South America)Crate Engines Market Key Players:
1. Chevrolet 2. Ford Racing 3. Blueprint Engines 4. JEGS High Performance. 5. BluePrint Engines 6. Jasper Engines & Transmissions 7. EDELBROCK, LLC. 8. Custom Crate Engines 9. ATK High Performance Engines 10. West Coast Engines 11. HARLEY-DAVIDSON 12. Yoshimura R&D of America, Inc. 13. American Honda Motor Co., Inc. 14. Custom Crate Engines 15. EDELBROCK, LLC.Frequently Asked Questions
1. What is the projected market size & growth rate of Crate Engines Market? Ans- Crate Engines Market was valued at USD 25.46 billion in 2022 and is projected to reach USD 38.54 billion by 2029, growing at a CAGR of 6.1 % during the forecast period. 2. What is the key driving factor for the growth of Crate Engines Market? Ans- With growing motorsport competitions and passenger & commercial vehicles, the demand for crate engines is expected to grow during the forecast period (2023-2029). 3. Which Region accounted for the largest Crate Engines Market share? Ans- North America dominated the market and accounted for 69% of the market share in 2022. 4. What makes Europe a Lucrative Market for Crate Engines Market? Ans- The growing automobile industry and growing research on high output engines for motorsports are some of the factors, expected to drive the growth of the market in this region. 5. What are the top players operating in Crate Engines Market? Ans- Chevrolet, Ford Racing, Blueprint Engines, JEGS High Performance., BluePrint Engines, Jasper Engines & Transmissions, and EDELBROCK, LLC.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Crate Engines Market Size, by Market Value (US$ Bn) 3.1. Market Segmentation 3.2. Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Crate Engines Market 3.4. Geographical Snapshot of the Crate Engines Market, By Manufacturer share 4. Crate Engines Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Crate Engines Market 5. Supply Side and Demand Side Indicators 6. Crate Engines Market Analysis and Forecast, 2022-2029 6.1. Crate Engines Market Size & Y-o-Y Growth Analysis. 7. Crate Engines Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Engine Type, 2022-2029 7.1.1. New Engines 7.1.2. Rebuilt Engines 7.1.3. Remanufactured Engines 7.1.4. Used Engines 7.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 7.2.1. Gasoline 7.2.2. Diesel 7.3. Market Size (Value) Estimates & Forecast By CC, 2022-2029 7.3.1. 600-1000 CC 7.3.2. 1000-3000 CC 7.3.3. 3000-5000 CC 7.3.4. >5000 CC 8. Crate Engines Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Crate Engines Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Engine Type, 2022-2029 9.1.1. New Engines 9.1.2. Rebuilt Engines 9.1.3. Remanufactured Engines 9.1.4. Used Engines 9.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 9.2.1. Gasoline 9.2.2. Diesel 9.3. Market Size (Value) Estimates & Forecast By CC ,2022-2029 9.3.1. 600-1000 CC 9.3.2. 1000-3000 CC 9.3.3. 3000-5000 CC 9.3.4. >5000 CC 10. North America Crate Engines Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Crate Engines Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 11.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 11.3. Market Size (Value) Estimates & Forecast By CC ,2022-2029 12. Canada Crate Engines Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 12.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 12.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 13. Mexico Crate Engines Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 13.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 13.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 14. Europe Crate Engines Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 14.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 14.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 15. Europe Crate Engines Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Crate Engines Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 16.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 16.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 17. France Crate Engines Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 17.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 17.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 18. Germany Crate Engines Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 18.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 18.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 19. Italy Crate Engines Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 19.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 19.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 20. Spain Crate Engines Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 20.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 20.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 21. Sweden Crate Engines Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 21.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 21.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 22. CIS Countries Crate Engines Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 22.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 22.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 23. Rest of Europe Crate Engines Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 23.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 23.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 24. Asia Pacific Crate Engines Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 24.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 24.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 25. Asia Pacific Crate Engines Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Crate Engines Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 26.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 26.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 27. India Crate Engines Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 27.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 27.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 28. Japan Crate Engines Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 28.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 28.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 29. South Korea Crate Engines Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 29.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 29.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 30. Australia Crate Engines Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 30.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 30.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 31. ASEAN Crate Engines Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 31.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 31.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 32. Rest of Asia Pacific Crate Engines Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 32.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 32.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 33. Middle East Africa Crate Engines Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 33.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 33.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 34. Middle East Africa Crate Engines Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Crate Engines Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 35.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 35.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 36. GCC Countries Crate Engines Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 36.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 36.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 37. Egypt Crate Engines Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 37.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 37.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 38. Nigeria Crate Engines Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 38.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 38.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 39. Rest of ME&A Crate Engines Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 39.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 39.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 40. South America Crate Engines Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 40.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 40.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 41. South America Crate Engines Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Crate Engines Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 42.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 42.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 43. Argentina Crate Engines Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 43.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 43.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 44. Rest of South America Crate Engines Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Engine Type,2022-2029 44.2. Market Size (Value) Estimates & Forecast By Fuel ,2022-2029 44.3. Market Size (Value) Estimates & Forecast By CC , 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Crate Engines Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Chevrolet 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Ford Racing 45.3.3. Blueprint Engines 45.3.4. JEGS High Performance. 45.3.5. BluePrint Engines 45.3.6. Jasper Engines & Transmissions 45.3.7. EDELBROCK, LLC. 45.3.8. Custom Crate Engines 45.3.9. ATK High Performance Engines 45.3.10. West Coast Engines 45.3.11. HARLEY-DAVIDSON 45.3.12. Yoshimura R&D of America, Inc. 45.3.13. American Honda Motor Co., Inc. 45.3.14. Custom Crate Engines 45.3.15. EDELBROCK, LLC. 46. Primary Key Insights