Slowing down: Improved engine durability will limit demand for industry products

The Engine Rebuilding and Remanufacturing industry operates countercyclical to the economy as a whole. Over the past five years, rising disposable income levels and improved consumer confidence have encouraged households to purchase new cars, instead of prolonging the life of their existing vehicles with engine rebuilding or remanufacturing services. In the coming years, industry participation is expected to decline as barriers to success rise and small engine rebuilders are forced out of the market. Due to rising barriers to entry and steadily declining demand for industry services, the number of industry operators and employees are projected to fall, along with industry revenue...purchase to read more.

Industry Statistics & Market Size
Annual Growth 11-16
Forecast Growth 16-21

Industry Threats & Opportunities

  • Countervailing pressures are projected to limit industry revenue growth over the next five years
  • Periods of stagnant disposable income growth raise demand for industry products
  • Strong sales of hybrid vehicles will present greater technical and operational challenges
  • Industry Report - Industry Analysis Chapter

    The Engine Rebuilding and Remanufacturing industry functions counter to typical auto parts manufacturing industries. Industry operators rebuild and remanufacture engines and engine parts used as replacements in a variety of engine internal combustion engine powered machines. However, this industry does not include recycled and used parts. Rebuilt engines, the less expensive of the two industry segments, are reconditioned used engines with all components in compliance with acceptable wear limits. Whereas, remanufactured engines use recycled engine cores and machine them back to original specifications using new or other remanufactured components in the build...purchase to read more.

    Additional Insights for the Engine Rebuilding & Remanufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Engine Rebuilding & Remanufacturing Industry are

  • Environmental compliance
  • Attracting local support
  • Being a one-stop shop
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Average age of vehicle fleet in the Engine Rebuilding & Remanufacturing industry impact industry performance..

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    What's in this report

    What is the Engine Rebuilding & Remanufacturing Industry?

    Companies in this industry primarily rebuild and remanufacture automotive engines and engine parts for motor vehicles. Remanufacturing is the process of returning a used, worn out engine to as close to new as possible, whereas rebuilding generally describes a process that makes greater use of serviceable parts rather than new ones. Recycling, repairs and restorations are excluded from the industry.

    Industry Products
  • Heavy duty diesel engines
  • Automotive gasoline engines
  • Heavy duty gasoline engines
  • Automotive diesel engines
  • Other engines
  • Industry Activities
  • Rebuilding gasoline engines
  • Rebuilding diesel engines for heavy-duty trucks
  • Rebuilding other diesel engines
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Average age of vehicle fleet
  • Industrial production index
  • Price of new cars
  • World price of crude oil

  • Current Performance
  • Industry structure
  • Shifting markets
  • Auto industry trends have mixed effects
  • Chart: Revenue Growth

  • Industry Outlook
  • Automotive trends
  • Industry landscape and profit
  • Table: Engine Rebuilding & Remanufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Engine Rebuilding & Remanufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Transportation and Warehousing
  • Public Transportation
  • Consumers

  • Key Selling Industries
  • Gasoline & Petroleum Wholesaling
  • Recyclable Material Wholesaling
  • Wholesale Trade

  • Products & Services
  • Automotive gasoline engines
  • Heavy duty diesel engines
  • Automotive diesel engines
  • Other engines
  • Heavy duty gasoline engines
  • Chart: Engine Rebuilding & Remanufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Direct to consumers
  • Commercial fleet management
  • Other equipment manufacturers and other
  • Auto mechanics
  • Wholesalers and distributors
  • Dealerships and retailers
  • Chart: Major Market Segmentation for the Engine Rebuilding & Remanufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Engine Rebuilding & Remanufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Engine Rebuilding & Remanufacturing Industry

  • Industry Globalization
    JASPER Engines and Transmissions, SRC Holdings,
  • Table: JASPER Engines and Transmissions - financial performance
  • Table: SRC Holdings - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Engine Rebuilding & Remanufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Engine Rebuilding & Remanufacturing Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Average age of vehicle fleet (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Engine Core
  • Term for the basic engine and components that industry operators rebuild or manufacture. .
  • Hybrid
  • A vehicle that uses a power source (usually electricity) in addition to gas.
  • Rebuilding
  • A process of engine remanufacturing that makes greater use of serviceable parts rather than new ones.
  • Remanufacturing
  • The process of returning a used, worn out engine to as close to new as possible using machining techniques and original manufacturer specifications.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Engine Rebuilding & Remanufacturing Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Engine Rebuilding & Remanufacturing industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Engine Rebuilding & Remanufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Engine Rebuilding & Remanufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Engine Rebuilding & Remanufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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