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(Transportation-News.com, December 12, 2018 )
Stratview Research announces the launch of a new research report on Automotive Engine Oil Pan Market. This 205-page extensive report from Stratview Research, studies Automotive Engine Oil Pan Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Automotive Engine Oil Pan Market analysis has been segmented in four ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- and Heavy-Duty Commercial Vehicle)- The passenger car is expected to remain the growth engine.
• By Material Type (Aluminum Engine Oil Pans, Steel Engine Oil Pans, Composite Engine Oil Pans)- Aluminum is expected to remain the most dominant material type.
• By Product Type (Structural Engine Oil Pans, Non-Structural Engine Oil Pans)- Structural oil pan is expected to remain the most dominant product type in the market.
• By Region (North America, Europe, Asia-Pacific, Rest of the World)- Asia-Pacific is expected to remain the largest automotive engine oil pan market.
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Automotive Engine Oil Pan Market Insights
The global automotive engine oil pan market is projected to grow at a healthy rate over the next five years to reach US$ 2,161.2 million in 2023. Increasing global automotive production, introduction of stringent regulations regarding fuel efficiency and carbon emissions, and continuous replacement of traditional oil pans with lightweight composite oil pans are the major growth drivers of the global automotive engine oil pan market.
The supply chain of this market comprises raw material suppliers, automotive engine oil pan manufacturers, distributors, automotive OEMs, and dealers. Major automotive engine oil pan manufacturers in the market are MAHLE GmbH; Dana Incorporated; Eaton Corporation Plc; ElringKlinger AG; Nemak, S.A.B. de C.V.; and Polytec Group. Development of optimized engine oil pan, regional expansion, and mergers & acquisitions are the key strategies adopted by major key players to gain a competitive edge in the market.
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Stratview Research
Ritesh Gandecha
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Source: EmailWire.Com
Source: EmailWire.com
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