Europe Automotive Piston Market is estimated to grow with a CAGR of 5.3 % from 2021-2028

The Automotive Piston market in Europe is expected to grow from US$ 1022.47 million in 2021 to US$ 1464.28 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2021 to 2028.

The pharmacy automation involves mechanization of tasks and processes performed in pharmacy or other health care settings. The objective is to reduce errors in medical prescriptions and optimize patient safety. Also, automation systems can help pharmacies streamline the workflow, reduce the risk of mistakes, and improve direct patient-care activities.

To Know How COVID-19 Pandemic Will Impact Europe Automotive Piston Market | Get a Sample Copy of Report, Click Here: https://www.businessmarketinsights.com/sample/TIPRE00025253?utm_source=openPR&utm_medium=10552

The echnological innovations in ICEs such as intelligent combustion management systems as well as improvements in fuel efficiency to achieve power advantages and lower emission levels are emerging as new trends supporting the growth of the Europe automotive piston market. In 2019, Mazda Motor Corporation introduced its SkyActiv-X unit gasoline engine that merges gasoline and diesel technologies to harness the benefits of homogenous charge compression ignition (HCCI), wherein the engine’s air–fuel mixture is ignited by the piston’s compression stroke. The fuel-efficient gasoline engines capitalize on the piston’s full range of motion, allowing it to operate on a leaner fuel ratio than conventional petrol engines. These efforts would also help the Europe automotive piston market players to expand their product portfolio and business presence. Another emerging trend in the automotive piston market is hydrogen-fueled combustion engine technology. The hydrogen-fueled piston engines do not emit CO2 and allow users to achieve zero-emission targets. It also offers advantages over expensive battery-electric and hydrogen fuel cell solutions.
Europe comprises economies such as Germany, France, the UK, and Italy. The western part of Europe is characterized for its high standards of living, with high GDP. The automotive industry, directly and indirectly, contributed ~7% to the GDP of the region. The automotive sector supports the growth of the economy by assisting the supply chain that results in the creation of a diversified array of business opportunities and services. Europe comprises major automotive manufacturing assembly and production plants. There are ~298 vehicle assembly plants across Europe. According to OICA in 2019 and 2020, the production of commercial and passenger vehicles was 4,371,499 and 3,581,851 units, respectively. Requirement of lightweight piston to improve performance is the major factor driving the growth of the Europe automotive piston market.

View all Report: https://www.businessmarketinsights.com/reports/europe-automotive-piston-market?utm_source=openPR&utm_medium=10552

Leading Companies Reviewed in The Market‎ Report Are:
Arias Pistons
CAPRICORN AUTOMOTIVE LTD
Hitachi Astemo Americas, Inc.
MAHLE GmbH
QUFU JINHUANG PISTON CO., LTD
Rheinmetall Automotive AG
RIKEN CORPORATION
Shandong Binzhou Bohai Piston Co., Ltd
Tenneco Inc.

Key Market Segments:
The Europe automotive piston market is segmented on the bases of material type, coating type, vehicle type, and piston type, and country. Based on material type, the market is segmented into steel and aluminum. The aluminum segment dominated the market in 2020 and steel segment is expected to be the fastest growing during the forecast period. On the basis of coating type, the automotive piston market is segmented into thermal barrier piston coating, dry film lubricant piston coating, and oil shedding piston coating. The thermal barrier piston coating segment dominated the market in 2020 and dry film piston coating segment is expected to be the fastest growing during the forecast period. On the basis of vehicle type, the automotive piston market, by vehicle type, is segmented into two wheelers, passenger vehicles, and commercial vehicles. The commercial vehicles segment dominated the market in is expected to be the fastest growing during the forecast period. On the basis of piston type, the automotive piston market is segmented into flat-top piston, dome piston, and dish piston. The flat-top piston segment dominated the market in 2020 and dome piston segment is expected to be the fastest growing during the forecast period.

Purchase for this research report: https://www.businessmarketinsights.com/buy/single/TIPRE00025253?utm_source=openPR&utm_medium=10552

Europe Automotive Piston market – by Material Type:
Steel
Aluminium

Europe Automotive Piston market – by Coating type:
Thermal Barrier Piston Coating
Dry Film Piston Coating
Oil Shedding Piston Coating

Europe Automotive Piston Market -By Vehicle Type
Two-Wheeler
Passenger Vehicle
Commercial Vehicle

Europe Automotive Piston Market -By Piston Type
Flat-top Piston
Dish Piston
Dome Piston

Contact US:
Business Market Insights
Phone: +442081254005
E-Mail ID: sales@businessmarketinsights.com
Web URL: https://www.businessmarketinsights.com/
LinkedIn URL: https://www.linkedin.com/company/business-market-insights/

About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

This release was published on openPR.