Apr 12, 2022
According to the latest report by IMARC Group titled, “Automotive Piston Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the automotive piston market reached a value of US$ 4.06 Billion in 2020. Looking forward, the automotive piston market is expected to reach US$ 4.91 Billion by 2027, exhibiting at a CAGR of 3.1% during 2022-2027.
An automotive piston system consists of a piston, piston rings, and piston pin. Amongst these, the piston is an essential part of external and internal combustion engines. It is a solid metal cylinder that moves up and down in the hollow cylinder of the engine block. It helps in shifting the force generated from the expanding gas to the crankshaft by using a connecting or piston rod. Other than this, an automotive piston is also useful as a bearer for the gudgeon pin and for forming a sliding gas- and oil-tight seal in a cylinder. Furthermore, it offers optimal levels of strength and thermal expansion control.
Owing to the growing population and increasing disposable incomes, people across the globe can now afford and spend more on the maintenance of their vehicles. This factor has led to an increase in the production of vehicles with a direct impact on the growth of the automotive piston market. In addition to this, the emerging trend of high-end bikes equipped with double cylinders is further escalating the demand for pistons. Besides, the rising demand for different types of commercial vehicles and constant technological advancements are providing an impetus to the global automotive piston market.
Market Segmentation:
Breakup by Material Type:
Breakup by Vehicle Type:
Breakup by Vehicle Type:
Breakup by Piston Type:
Breakup by Distribution Channel:
Regional Insights:
Competitive Landscape
The report has also examined the competitive landscape of global automotive piston market. Some of the major players in the market are 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.
Key highlights of the report:
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+1-631-791-1145
Level III, B-7 , Sector 2, Noida, Uttar Pradesh 201301, India
+91-120-433-0800
30 Churchill Place London E14 5EU, UK
+44-753-713-2163
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