Automotive Piston Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Automotive Piston Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A1151
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Market Overview:

The global automotive piston market size reached US$ 4.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.0 Billion by 2028, exhibiting a growth rate (CAGR) of 2.8% during 2023-2028.

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. 

 

 
 

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Market Trends:

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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive piston market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on material type, vehicle type, piston coating type, piston type and distribution channel.

Breakup by Material Type:

 

 
 

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  • Aluminum 
  • Steel 
     

On the basis of material type, the market has been segmented into aluminum and steel automotive pistons.

Breakup by Vehicle Type:

  • Passenger Cars
  • LCV
  • HCV
     

Based on vehicles type, 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:

  • Thermal Barrier Piston Coating
  • Dry Film Lubricant Piston Coating
  • Oil Shedding Piston Coating
     

On the basis of piston coatings type, the market has been divided into thermal barrier, dry film lubricant and oil shedding piston coating.

Breakup by Piston Type:

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

Based on piston types, the automotive piston market has been classified into trunk, crosshead, slipper and deflector pistons.

Breakup by Distribution Channel:

  • OEM
  • Aftermarket
     

On the basis of distribution channels, the market has been segmented into OEM and aftermarket.

Breakup by Region:

 

 
 

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  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America
     

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.

Competitive Landscape:

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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
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
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
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)

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Automotive Piston Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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