The global internal combustion engine (ICE) market is forecasted to grow by USD 34388.0 mn during 2025-2030, accelerating at a CAGR of 8.4% during the forecast period. The report on the global internal combustion engine (ICE) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by inadequate public charging infrastructure for electric vehicles enhances ice consumer retention, heavy duty industrial transportation sectors rely heavily on high energy density, strategic corporate collaborations enable alternative fuel compatibility for legacy platforms.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope |
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 7.9% |
| CAGR | 8.4% |
| Incremental Value | $34388.0 mn |
Technavio's global internal combustion engine (ICE) market is segmented as below:
By End-User
- Automotive
- Aircraft
- Marine
By Type
By Engine Capacity
- Between 801cc to 1500cc
- Between 201cc to 800cc
- Between 50cc to 200cc
- Between 1501cc to 3000cc
- Above 3000cc
Geography
- APAC
- China
- India
- Japan
- South Korea
- Indonesia
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Spain
- The Netherlands
- North America
- South America
- Middle East and Africa
- Rest of World (ROW)
This study identifies the accelerated engineering focus on hydrogen powered internal combustion engine deployments as one of the prime reasons driving the global internal combustion engine (ICE) market growth during the next few years. Also, systematic integration software driven artificial intelligence systems for combustion calibration and broad adoption hybrid powertrain architectures preserves long term internal combustion viability will lead to sizable demand in the market.
The report on the global internal combustion engine (ICE) market covers the following areas:
- Global internal combustion engine (ICE) market sizing
- Global internal combustion engine (ICE) market forecast
- Global internal combustion engine (ICE) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global internal combustion engine (ICE) market vendors that include AB Volvo, AGCO Corp., Caterpillar Inc., Cummins Inc., Deere and Co., DEUTZ AG, Doosan Enerbility Co. Ltd., Honda Motor Co. Ltd., Hyundai Motor Co., Isuzu Motors Ltd., Iveco Group N.V, Kirloskar Group, Kohler Energy, Kubota Corp., MAN Energy Solutions SE, Mitsubishi Heavy Industries, Rolls Royce Holdings Plc, Scania AB, Toyota Motor Corp., Wartsila Corp.. Also, the global internal combustion engine (ICE) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Engine Capacity
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- 2.3 Factors of disruption
- 2.4 Impact of drivers and challenges
3 Market Landscape
- 3.1 Market ecosystem
- 3.2 Market characteristics
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- 4.2 Market segment analysis
- 4.3 Market size 2025
- 4.4 Market outlook: Forecast for 2025-2030
5 Historic Market Size
- 5.1 Global Internal Combustion Engine (ICE) Market 2020 - 2024
- Historic Market Size - Data Table on Global Internal Combustion Engine (ICE) Market 2020 - 2024 ($ million)
- 5.2 End-user segment analysis 2020 - 2024
- Historic Market Size - End-user Segment 2020 - 2024 ($ million)
- 5.3 Type segment analysis 2020 - 2024
- Historic Market Size - Type Segment 2020 - 2024 ($ million)
- 5.4 Engine Capacity segment analysis 2020 - 2024
- Historic Market Size - Engine Capacity Segment 2020 - 2024 ($ million)
- 5.5 Geography segment analysis 2020 - 2024
- Historic Market Size - Geography Segment 2020 - 2024 ($ million)
- 5.6 Country segment analysis 2020 - 2024
- Historic Market Size - Country Segment 2020 - 2024 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI on global internal combustion engine (ICE) market
- 6.2 Impact of geopolitical conflicts on global internal combustion engine (ICE) market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2025 and 2030
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2025 and 2030
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2025 and 2030
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2025 and 2030
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2025 and 2030
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2025 and 2030
- 7.7 Market condition
8 Market Segmentation by End-user
- 8.1 Market segments
- 8.2 Comparison by End-user
- 8.3 Automotive - Market size and forecast 2025-2030
- 8.4 Aircraft - Market size and forecast 2025-2030
- 8.5 Marine - Market size and forecast 2025-2030
- 8.6 Market opportunity by End-user
- Market opportunity by End-user ($ million)
9 Market Segmentation by Type
- 9.1 Market segments
- 9.2 Comparison by Type
- 9.3 Petroleum - Market size and forecast 2025-2030
- 9.4 Natural gas - Market size and forecast 2025-2030
- 9.5 Market opportunity by Type
- Market opportunity by Type ($ million)
10 Market Segmentation by Engine Capacity
- 10.1 Market segments
- 10.2 Comparison by Engine Capacity
- 10.3 Between 801cc to 1500cc - Market size and forecast 2025-2030
- 10.4 Between 201cc to 800cc - Market size and forecast 2025-2030
- 10.5 Between 50cc to 200cc - Market size and forecast 2025-2030
- 10.6 Between 1501cc to 3000cc - Market size and forecast 2025-2030
- 10.7 Above 3000cc - Market size and forecast 2025-2030
- 10.8 Market opportunity by Engine Capacity
- Market opportunity by Engine Capacity ($ million)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- 12.2 Geographic comparison
- 12.3 APAC - Market size and forecast 2025-2030
- 12.3.1 China - Market size and forecast 2025-2030
- 12.3.2 India - Market size and forecast 2025-2030
- 12.3.3 Japan - Market size and forecast 2025-2030
- 12.3.4 South Korea - Market size and forecast 2025-2030
- 12.3.5 Indonesia - Market size and forecast 2025-2030
- 12.3.6 Australia - Market size and forecast 2025-2030
- 12.4 Europe - Market size and forecast 2025-2030
- 12.4.1 Germany - Market size and forecast 2025-2030
- 12.4.2 France - Market size and forecast 2025-2030
- 12.4.3 UK - Market size and forecast 2025-2030
- 12.4.4 Italy - Market size and forecast 2025-2030
- 12.4.5 Spain - Market size and forecast 2025-2030
- 12.4.6 The Netherlands - Market size and forecast 2025-2030
- 12.5 North America - Market size and forecast 2025-2030
- 12.5.1 US - Market size and forecast 2025-2030
- 12.5.2 Canada - Market size and forecast 2025-2030
- 12.5.3 Mexico - Market size and forecast 2025-2030
- 12.6 South America - Market size and forecast 2025-2030
- 12.6.1 Brazil - Market size and forecast 2025-2030
- 12.6.2 Argentina - Market size and forecast 2025-2030
- 12.6.3 Chile - Market size and forecast 2025-2030
- 12.7 Middle East and Africa - Market size and forecast 2025-2030
- 12.7.1 Saudi Arabia - Market size and forecast 2025-2030
- 12.7.2 UAE - Market size and forecast 2025-2030
- 12.7.3 South Africa - Market size and forecast 2025-2030
- 12.7.4 Turkey - Market size and forecast 2025-2030
- 12.7.5 Israel - Market size and forecast 2025-2030
- 12.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
13 Drivers, Challenges, and Opportunity
- 13.1 Market drivers
- Inadequate public charging infrastructure for electric vehicles enhances ICE consumer retention
- Heavy duty industrial transportation sectors rely heavily on high energy density
- Strategic corporate collaborations enable alternative fuel compatibility for legacy platforms
- 13.2 Market challenges
- Stringent global emission standards impose heavy financial burden on engine manufacturers
- Severe consumer preference shifts toward electric powertrains restrict future capital investments
- Fluctuating fossil fuel prices and supply chain disruptions disrupt operations
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2025 and 2030
- 13.4 Market opportunities
- Accelerated engineering focus on hydrogen powered internal combustion engine deployments
- Systematic integration software driven artificial intelligence systems for combustion calibration
- Broad adoption hybrid powertrain architectures preserves long term internal combustion viability
14 Competitive Landscape
- 14.1 Overview
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.1 Companies profiled
- 15.2 Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 AGCO Corp.
- AGCO Corp. - Overview
- AGCO Corp. - Product / Service
- AGCO Corp. - Key offerings
- SWOT
- 15.5 Caterpillar Inc.
- Caterpillar Inc. - Overview
- Caterpillar Inc. - Business segments
- Caterpillar Inc. - Key news
- Caterpillar Inc. - Key offerings
- Caterpillar Inc. - Segment focus
- SWOT
- 15.6 Cummins Inc.
- Cummins Inc. - Overview
- Cummins Inc. - Business segments
- Cummins Inc. - Key news
- Cummins Inc. - Key offerings
- Cummins Inc. - Segment focus
- SWOT
- 15.7 Deere and Co.
- Deere and Co. - Overview
- Deere and Co. - Business segments
- Deere and Co. - Key offerings
- Deere and Co. - Segment focus
- SWOT
- 15.8 DEUTZ AG
- DEUTZ AG - Overview
- DEUTZ AG - Business segments
- DEUTZ AG - Key offerings
- DEUTZ AG - Segment focus
- SWOT
- 15.9 Doosan Enerbility Co. Ltd.
- Doosan Enerbility Co. Ltd. - Overview
- Doosan Enerbility Co. Ltd. - Business segments
- Doosan Enerbility Co. Ltd. - Key offerings
- Doosan Enerbility Co. Ltd. - Segment focus
- SWOT
- 15.10 Honda Motor Co. Ltd.
- Honda Motor Co. Ltd. - Overview
- Honda Motor Co. Ltd. - Business segments
- Honda Motor Co. Ltd. - Key offerings
- Honda Motor Co. Ltd. - Segment focus
- SWOT
- 15.11 Hyundai Motor Co.
- Hyundai Motor Co. - Overview
- Hyundai Motor Co. - Business segments
- Hyundai Motor Co. - Key news
- Hyundai Motor Co. - Key offerings
- Hyundai Motor Co. - Segment focus
- SWOT
- 15.12 Isuzu Motors Ltd.
- Isuzu Motors Ltd. - Overview
- Isuzu Motors Ltd. - Business segments
- Isuzu Motors Ltd. - Key offerings
- Isuzu Motors Ltd. - Segment focus
- SWOT
- 15.13 Iveco Group N.V
- Iveco Group N.V - Overview
- Iveco Group N.V - Business segments
- Iveco Group N.V - Key offerings
- Iveco Group N.V - Segment focus
- SWOT
- 15.14 Kirloskar Group
- Kirloskar Group - Overview
- Kirloskar Group - Product / Service
- Kirloskar Group - Key offerings
- SWOT
- 15.15 Kohler Energy
- Kohler Energy - Overview
- Kohler Energy - Product / Service
- Kohler Energy - Key offerings
- SWOT
- 15.16 Kubota Corp.
- Kubota Corp. - Overview
- Kubota Corp. - Business segments
- Kubota Corp. - Key offerings
- Kubota Corp. - Segment focus
- SWOT
- 15.17 MAN Energy Solutions SE
- MAN Energy Solutions SE - Overview
- MAN Energy Solutions SE - Product / Service
- MAN Energy Solutions SE - Key offerings
- SWOT
- 15.18 Toyota Motor Corp.
- Toyota Motor Corp. - Overview
- Toyota Motor Corp. - Business segments
- Toyota Motor Corp. - Key offerings
- Toyota Motor Corp. - Segment focus
- SWOT
16 Appendix
- 16.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- 16.5 Data procurement
- 16.6 Data validation
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.8 Data synthesis
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations