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Automotive Piston Market Expected to Witness a Sustainable Growth over 2025

05-29-2020 03:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Automotive Piston Market Expected to Witness a Sustainable

According to Market Study Report, Automotive Piston Market provides a comprehensive analysis of the Automotive Piston Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.This report also provides market landscape and market share information in the Automotive Piston Market.

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The Global Automotive Piston Market size is expected to grow at a CAGR of 3.5% during the forecast period, where the market in 2020 is estimated to be USD 1.9 Billion and is projected to reach USD 2.2 Billion by 2025. This report spread across 172 pages, profiling 05 companies and supported with 136 tables and 53 figures are now available in this research.

Top Key Players Profiled in the Automotive Piston Market:
o MAHLE GmbH (Germany)
o Aisin Seiki Co. Ltd. (Japan)
o Rheinmetall Automotive AG (Germany)
o Tenneco Inc. (US)
o Art Metal Mfg. Co. Ltd. (Japan)

"Aluminum is estimated to be the largest growing material for piston."
The automotive piston consists of various components like piston head/crown, piston rod, and piston ring. Aluminum and stainless steel are the key materials used for the manufacturing of piston. The durability of piston components at high temperatures depends upon the type of material that been used for it.

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"Asia Oceania constitutes the largest automotive piston market."
Asia Oceania is estimated to lead the global automotive piston industry as the region represents countries such as China, Japan, South Korea, and India,with the world's highest vehicle production. The automobile industry is flourishing in this region, especially in South Asia. Additionally, Asia Oceania has created hubs for automobile manufacturers and automotive component suppliers.

Breakdown of primary participants' profile:
o By Company: Tier 1- 70%, OEM-20%, Tier 2-10%
o By Designation: Directors - 30%, C-Level Executives -60%, Others - 10%
o By Region: Asia Pacific-40%, Europe - 30%,North America - 30%

Competitive Landscape of Automotive Piston Market:
1 Overview
2 Market Evolution Framework
3 Competitive Scenario
3.1 Partnerships/Contracts/Acquisitions,2019-2020
4 Right To Win

Reason to access this report:
The report will help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the overall automotive piston market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

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