Research Reports

Automotive & Transportation

icon
Home » Reports » Automotive Piston Market Global Demand Analysis Opportunity Outlook 2024
Market Research Report

Automotive Piston Market : Global Demand Analysis & Opportunity Outlook 2024

Published On : October, 2018 REP-ID-302 Category: Automotive & Transportation

Automotive Piston Market Overview

An automotive piston is a cylindrical piece of metal that moves up and down inside the cylinder of an engine. It generates mechanical energy that provides necessary force to drive the shaft and run the wheels of the vehicles. Piston system comprises of piston, piston rings, piston pins, hence this system transfers the generated power to the crankshaft through connecting rod.    

Market size and forecast

Automotive piston market is expected to expand at a CAGR of 5.1% over the forecast period i.e. 2017-2024. Moreover, the automotive piston market is anticipated to reach around USD 15,910 Million by 2024. As a piston is a main part of an internal combustion engine, the demand for pistons is directly coupled with the automobile production. Owing to the continuous developments, the automobile segment is observing increased demand for lightweight pistons, which is expected to drive the growth for the global automotive piston market.

Asia-Pacific is estimated to be the largest automotive piston market due to the fact that it is the dominating region in automotive industry as piston is an integral part of automotive industry. China and India are the major contributors in Asia-Pacific region.  China grabbed the largest revenue share in automotive piston market in the region, marked a market share of around 35% in the Asia-Pacific automotive piston market 2016. With the rise in manufacturing costs, existing piston manufactures in the US and Europe is shifting their operation to Asia-Pacific region due to low labor costs and easily accessibility of raw materials.

Automotive piston market

Europe is the second largest market for the automotive piston in 2016. Europe is expected to perceive a moderate growth in the near future owing to high market saturation. France, UK and Germany are expected to lead the overall demand for this regional automotive piston market. North America is also a major market for automotive piston owing to the increase in sales for light commercial vehicles.

Market Segmentation

Our in-depth analysis segmented the market in the following segments:

By Material

  • Steel
  • Aluminum

By Type

  • Trunk Piston
  • Crosshead Piston
  • Slipper Piston
  • Deflector Piston

By Coating

  • Thermal barrier Coating Piston
  • Dry Film Lubricating Coating Piston
  • Oil Shedding Coating Piston

By Vehicle

  • Two Wheeler
  • Three Wheeler
  • Four Wheeler

By Region

Global automotive piston market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Western and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis

Growth Drivers and Challenges

Increasing urbanization coupled with changing lifestyle of population are the factors for escalation in the demand for automobiles, especially two wheeler segments in emerging economies such as India which is anticipated to impel the demand for piston over the forecast period. Advancement in technology such as installation of cooling channels in piston is likely to be the dynamic factor behind the rapid growth of automotive piston market. In addition, rise in demand for light weight piston developed from composite carbon, silicon and magnesium is expected to unfold various opportunities in this market in the coming few years.

However, the growth of this market is likely to be hindered by increasing penetration of electric vehicles, which do not use pistons. Further, the automotive industries are downsizing their engine for better fuel economy, as fuel rates are increasing globally. Using technologies such as turbochargers, the automotive industry have been able to downsize their engines by reducing cylinders are believed to dampen the growth of global automotive piston market over the forecast period.

Key Players

The key players of automotive piston market are as follows:

  • Mahle  Gmbh
  • Aisin-Seiki Co. Ltd.
  • KSPG AG
  • Hitachi Automotive Systems
  • Federal-Mogul
  • Indian Piston Limited
  • Arias Piston
  • Capricorn Automotive
  • Ross Racing Piston

Things to know

SELECT LICENSE TYPE

KEY BENEFITS

  • DIRECT ANALYST ASSISTANCE

    Direct access to analyst to help you understand the market in a better way to handle your critical question

  • CUSTOMIZE AS PER YOUR NEED

    Citing your business specific requirement our consultant would assist you ensuring targeted goal is achieved

  • DISCOUNT ON CUSTOMISATION

    Get 10% free customization

  • QUALITY ASSURED

    Great focus on accuracy and quality of the research

Connect With Us

Call us

(U.S.) - +1 646 586 9123
(Canada) - +1 437 889 3230
(U.K.) - +44 203 608 5919
(India) - + 91 120 660 5495
Email: info@researchnester.com

RELATED REPORTS

Delivery Center

Ansal Corporate Park, Plot no 7A/1,
Tower A1,
Sector 142 Noida., 201301 India
info@researchnester.com

US Office

77 Water Street 8th Floor,
New York, New York, 10005
Phone : +1 646 586 9123
info@researchnester.com

Canada (Toronto)

Phone : +1 437 889 3230
info@researchnester.com


UK Office (London)

Phone : +44 203 608 5919
info@researchnester.com

Subscribe To Our Newsletters

Copyright © 2018 Research Nester. All rights reserved

Top