Press release
Automotive Piston Pin Market Size, Demand, Growth, Trends, Segmentation And Forecasts Research To 2028
The Global Automotive Piston Pin Market report offers a comprehensive evaluation of the market. It does give in-depth analysis via qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. The report contains detailed analysis of Automotive Piston Pin market growth, segmentation, regional and country breakdowns. It can provide a detailed study of the drivers, development strategies, SWOT analysis and Covid-19 impact and growth recovery. This research will give a clear and precise idea about the overall market to the readers to take beneficial decisions.The global Automotive Piston Pin market is expected to grow at a CAGR of 4.05% during the period 2022-2028, according to Market intelligence data.
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Main Key Players:
Mahle, Aisin-Seiki, Rheinmetall, Hitachi, Tenneco(Federal-Mogul), KSPG, Tenneco, Shriram Pistons and Rings, Arias Piston and others.
Recent Developments
In November 2019, Rheinmetall received an order from one of the world's biggest car producers. The order is for modern lightweight pistons for gasoline engines with the ring carrier and coolant gallery technology. The order runs until 2028. Made for a 1.5-liter turbocharged engine, in the future, these pistons will be used in all the customer's new four-cylinder series in China. The pistons are particularly low-weight, low-friction components. They meet the strict requirements for reduced fuel consumption and emissions, enabling them, among other things, to meet the latest exhaust emission standards in China.
In January 2019, Tenneco announced the acquisition of Öhlins Racing A.B., a Sweden-based company. Öhlins offers suspension systems and components to the automotive and motorsport industries. This acquisition will accelerate the development of advanced original equipment (OE) intelligent suspension solutions, while also fast-tracking their time to market. It will also enhance Tenneco's portfolio in broader mobility markets with the addition of Öhlins' range of premium OE and aftermarket automotive and motorsports performance products.
Based on product type, the Automotive Piston Pin market is segmented as follow:
Steel
Aluminum
Titanium
Others
Based on application, the Automotive Piston Pin market is segmented as follow:
OEM
Aftermarket
Market Overview:
The global automotive piston pin market size is projected to grow from USD 259 million in 2022 to USD 314 million by 2028. Extensive production and sales volumes of ICE vehicles in all the segments, including passenger cars, LCVs, and HCVs, are primarily driving the demand for piston pins. The piston pin market has witnessed growth in developing as well as developed countries.
According to industry experts, electric vehicles are the future of the automotive industry. ICE vehicles are still in focus with significant production and sales, especially in developing countries such as India and the majority of the Middle East & African countries.
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Regions Are covered by Automotive Piston Pin Market Report 2022 To 2028
The Automotive Piston Pin report provides information about the market area, which is further subdivided into regions and sub-regions:
The Asia Pacific piston pin market is projected to hold the largest share by 2028
Asia Pacific is projected to be the largest and fastest-growing automotive piston pin market during the forecast period. China, Japan, South Korea, and India are some of the largest ICE vehicle producers globally. According to OICA, passenger car production in Asia Pacific accounts for around 54% of the global passenger car production. Hence, the Asia Pacific is the largest market for automotive piston pins, followed by Europe and North America.
This chapter of the report mentions the market share and growth rate of each region, country and sub-region during the estimated period.
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Following are major TOC of Automotive Piston Pin Market:
Chapter 1: Automotive Piston Pin Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Automotive Piston Pin Market Competition by Manufacturers
Chapter 4: Global Production, Profits (Value) by Region
Chapter 5: Global Supply (Production), Import, Export, Consumption, by Regions
Chapter 6: Global Price Trend by Type, Revenue (Value), Production
Chapter 7: Manufacturing Cost Analysis
Chapter 8: Global Market Analysis by Application
Chapter 9: Industrial Chain and Downstream Buyers, Sourcing Strategy
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Automotive Piston Pin Market Forecast
Reasons to Buy the Automotive Piston Pin Report:
The report is prepared using a robust research methodology with key analysis including Porter's Five Analysis and SWOT analysis.
The Automotive Piston Pin market research report was specifically conceived, integrated, and exhibited with a focus on key essentials and market factors such as a dedicated review of trends, segment analysis, challenges and Automotive Piston Pin Market barriers analysis.
Analysis of a vast historical data about market behaviour, performance, and production from key players.
Accuracy and factual figures consisting of a concise graphical representations, tables, and figures of the market in the report.
Additional paid Services :-
Client will get one free update on the purchase of Corporate User License.
Quarterly Industry Update for 1 Year at 40% of the report cost per update.
One dedicated research analyst allocated to the client.
Fast Query resolution within 48 hours.
Industry Newsletter at USD 100 per month per issue.
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