TechNavio today launched its report, Engine Market in China 2011-2015, based on an in-depth analysis focusing exclusively on China. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”The Engine market in China is witnessing severe competition between domestic vendors and international vendors. The competition among vendors has a huge impact on the price of internal combustion engines. Several domestic vendors are adopting a low pricing strategy in order to compete with the international vendors that offer technologically advanced engines. Several small and medium-sized enterprises (SMEs) have started adopting engines manufactured by the Chinese vendors because of their low price.”
According to the report, the Machinery Manufacturing industry in China is witnessing an accelerated growth. This trend is expected to continue in the future, and it will have a positive impact on the growth of the Engine market in China.
Further, the report reveals that one of the major challenges in the Engine market in China is the increasing price of raw materials.
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 and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/engine-market-china-2011-2015
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Engine Market in China 2011-2015
