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The global automotive piston market reached a value of US$ 4.06 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 4.91 Billion by 2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
A piston is a vital component of both internal and external combustion engine which works by generating mechanical energy and providing necessary force to a vehicle for running on the road. It helps in transferring the force from expanding gas in the cylinder to the crankshaft via a piston rod or connecting rod. It is used for forming a sliding gas and oil tight seal in a cylinder, transmitting the gas load to the small end of the connecting rod, and acting as a bearing for the gudgeon pin. The design of a piston is based on a conciliation between strength, weight, and thermal expansion control.
Due to growing population and rising disposable incomes, consumers are now spending more on their personal vehicles. This has increased the overall production of automobiles which, in turn, is strengthening the growth of the automotive piston market. Apart from this, automobile piston production is also influenced by the emerging trend of high-end bikes. These bikes have double cylinders, requiring two pistons each, which is further augmenting the demand for automotive pistons across the globe. Other growth-inducing factors include constant innovations in technology, and growing demand for heavy and light commercial vehicles.
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive piston market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on material type, vehicle type, piston coating type, piston type and distribution channel.
Breakup by Material Type:
On the basis of materials, the market has been segmented into aluminum and steel automotive pistons. At present, aluminum pistons dominate the market, holding the largest share.
Breakup by Vehicle Type:
Based on vehicles, the market has been segregated into passenger cars, LCVs and HCVs. Amongst these, passenger cars account for majority of the total global market.
Breakup by Piston Coating Type:
On the basis of piston coatings, the market has been divided into thermal barrier, dry film lubricant and oil shedding piston coating.
Breakup by Piston Type:
Based on piston types, the automotive piston market has been classified into trunk, crosshead, slipper and deflector pistons.
Breakup by Distribution Channel:
On the basis of distribution channels, the market has been segmented into OEM and aftermarket.
Breakup by Region:
Region-wise, the market has been divided into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. Presently, Asia Pacific accounts for majority of the market share.
The competitive landscape of the market has also been examined with some of the key players being MAHLE GmbH, Aisin-Seiki Co. Ltd., KSPG AG, Hitachi Automotive Systems, Federal-Mogul, India Pistons Limited, Arias Piston, Capricorn Automotive, Ross Racing Piston, and Shriram Pistons and Rings.
|Base Year of the Analysis||2021|
|Segment Coverage||Material Type, Vehicle Type, Piston Coating Type, Piston Type, Distribution Channel, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Companies Covered||MAHLE GmbH, Aisin-Seiki Co. Ltd., KSPG AG, Hitachi Automotive Systems, Federal-Mogul, India Pistons Limited, Arias Piston, Capricorn Automotive, Ross Racing Piston, and Shriram Pistons & Rings|
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in This Report:
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