Explore how Automotive Piston Market is changing business needs by 2021 focuses on major key companies Arias Pistons, Art Metal Mfg. Ltd, Capricorn Automotive, QUFU JINHUANG PISTON CO. LTD

The automotive piston market is segmented on the basis of material type, coating type, vehicle type, and piston type, and geography. Based on material type, the market is bifurcated into compact steel and aluminum. Based on coating type, the automotive piston market is segmented into thermal barrier piston coating, dry film lubricant piston coating, and oil shedding piston coating. Based on vehicle type, the market is segmented into two wheelers, passenger vehicles, and commercial vehicles. Based on piston type, the market is segmented into flat-top piston, dome piston, and dish piston. Geographically, the global automotive piston market is broadly segmented into North America, Europe, Asia Pacific, and the Middle East and Africa (MEA), and South America (SAM). In 2020, APAC accounted for a significant share in the global market.

The automotive piston market was valued at US$ 3879.92 million in 2021 and it is projected to reach US$ 5,815.15 million by 2028; it is expected to grow at a CAGR of 6.0% from 2021 to 2028.

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A few key players operating in the global automotive piston market and profiled in the market study are:

Arias Pistons, Art Metal Mfg. Ltd, Capricorn Automotive, QUFU JINHUANG PISTON CO. LTD, Hitachi Astemo Americas Inc, RIKEN Corporation, MAHLE GmbH, Tenneco Inc, Rheinmetall Automotive Ag, Shandong Binzhou Bohai Piston Co. Ltd

Increasing production of ICE vehicles and growing usage of lightweight pistons for improved engine performance are attributing to the growth of the automotive piston market. Increasing technological advancements, such as hydrogen-fueled piston engines, are bolstering the sales of automotive pistons due to increasing demand for electric vehicles. The global automotive piston market is segmented into five major regions-North America, Europe, Asia Pacific, the Middle East and Africa, and South America. The presence of many manufacturing facilities and a large consumer base in countries, such as China, India, and Japan, are major factors fueling the growth of the automotive piston market in APAC. In APAC, China is the largest passenger car manufacturer, and it produced ~20 million passenger cars in 2020. India accounts for the largest number of two-wheeler registrations. Japan accounts for ~10.5% of all vehicles manufactured globally. Europe holds the second-largest share of the automotive piston market as funding provided by the European Commission is enabling the region to strengthen its competitiveness and maintain global technological leadership. There are various market players such as MAHLE GmbH; Tenneco Inc.; Aisin Seiki Co., Ltd.; Hitachi Astemo Americas, Inc; and Rheinmetall Automotive who are engaged in making transportation efficient, environmentally friendly, and comfortable. Also, the increasing government initiatives to promote the use of clean energy are enabling automotive engine manufacturers to adopt lightweight hybrid composite materials that provide improved properties over the commercially available aluminum-based components, which is driving the demand for automotive pistons.

Major Regions play vital role in Automotive Piston market are:
North America, Europe, China, Japan, Middle East & Africa, India, South America, Others

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Automotive Piston Market Size
2.2 Automotive Piston Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Automotive Piston Market Size by Manufacturers
3.2 Automotive Piston Key Players Head office and Area Served
3.3 Key Players Automotive Piston Product/Solution/Service
3.4 Date of Enter into Automotive Piston Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Automotive Piston Sales by Product
4.2 Global Automotive Piston Revenue by Product
4.3 Automotive Piston Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Automotive Piston Breakdown Data by End User

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This release was published on openPR.