openPR Logo
Press release

Automotive Piston Market Size Worth USD 5.81 Billion with 6% of CAGR, Globally, by 2028 - The Insight Partners

09-20-2022 12:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Insight Partners

The Insight Partners

Engine performance can be improved if the engine assembly components are light in weight. The use of carbon-composite material in piston manufacturing reduces the weight allowing it to reciprocate at higher speed. Majority of piston manufacturers are preferring aluminum to achieve optimal engine performance. Moreover, silicon composites and magnesium can be used for making engine assembly products to reduce the overall weight. Thus, the lightweight pistons increasing fuel efficiency and huge production of ICE vehicles bolster the global automotive piston market.

According to The Insight Partners' research, the global automotive piston market accounted for US$ 3,754.64 million in 2020 and is expected to be worth US$ 5,815.15 million by 2028 to rise at a stellar CAGR of 6.0% from 2021 to 2028. The massive production of ICE vehicles and use of lightweight pistons for improved engine performance are the potential elements proliferating the market.

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis - https://www.theinsightpartners.com/sample/TIPRE00004327?utm_source=OpenPR&utm_medium=10051

On the contrary, the operational disadvantages of automotive pistons and surge in electric vehicle (EV) manufacturing restrict the growth of global automotive piston market.
Based on material type, the market is split into steel and aluminum. The latter held 86.7% market share in 2020, amassing US$ 3,254.17 million. It is projected to be worth US$ 4,917.59 million by 2028 to grow at 5.6% CAGR during 2021-2028.

In terms of coating type, the automotive piston market sphere is categorized into thermal barrier piston coating, dry-film piston coating, and oil shedding piston coating. The thermal barrier piston coating segment occupied 65.4% market share in 2020. It was valued at US$ 2,457.05 million in 2020 and is estimated to garner US$ 3,612.27 million by 2028 to expand at a CAGR of 9.3% over the forecast period.

As per vehicle type, the automotive piston market domain is segmented into two-wheelers, passenger vehicles, and commercial vehicles. The passenger vehicles segment captured 51.2% market share in 2020 with a revenue total of US$ 1,923.51 million. It is likely to generate US$ 2,968.28 million by 2028 to surge at 5.9% CAGR along the forecast period.

According to piston type, the global automotive piston market is categorized into flat-top piston, dish piston, and dome piston. With 65.6% share of the business, the flat-top piston dominated the market in 2020. It was evaluated at US$ 2,463.72 million in 2020 and is slated to accrue US$ 3,719.45 million by 2028 to exhibit a CAGR of 5.6% throughout the forecast period.

Click here to avail lucrative discounts on our latest reports. We offer student, enterprise, and special periodic discounts to our clientele. Please fill the inquiry form below to know more - https://www.theinsightpartners.com/discount/TIPRE00004327?utm_source=OpenPR&utm_medium=10051

Our regional analysis states that the Asia Pacific market led the business in 2020 with 51.5% market share. It was assessed at US$ 1,933.64 million in 2020 and is forecasted to be worth US$ 3,253.34 million by 2028 to register the highest CAGR at 7.0% for the forecast period.

The passenger cars and light commercial vehicles are equipped with internal combustion (IC) engines. IC engines require small-bore pistons, large-bore pistons, bearings, and castings to reduce weight, lower emissions, and improve overall engine performance. The piston manufacturers are focused on designing high-performance and long-lasting pistons that can withstand stress and wear & tear caused by engine operations. Key features of the automotive pistons include mechanical simplicity, flexibility, and multi-fuel capability.

Key players dominating the global automotive piston market are Arias Pistons; Art Metal Mfg., Ltd; Capricorn Automotive Ltd; Riken Corporation; Qufu Jinhuang Piston Co., Ltd; Mahle GmbH; Tenneco Inc; Rheinmetall Automotive AG; Shandong Binzhou Bohai Piston Co., Ltd; and Hitachi Astemo Americas, Inc, among others.

• In February 2019, Mahle GmbH designed a new steel piston with a special laser welding process for passenger car diesel engines. In July 2020, the company manufactured high-performance aluminum pistons using 3D printing techniques with the co-operation of sports car manufacturer Porsche and mechanical engineering company Trump.

• In October 2018, Tenneco Inc acquired Federal-Mogul LLC, a leading global automotive parts supplier. With this acquisition, the company can expand its product portfolio, including pistons, piston rings, piston pins, cylinder liners, and other parts.

• In April 2021, Rheinmetall partnered with ZYNP Corporation of Mengzhou, China and Riken Corporation of Tokyo to commence a new technology center in Nanjing, China. This center is going to offer customer service related to modern steel pistons.

Immediate delivery of our off-the-shelf reports and prebooking of upcoming studies, through flexible and convenient payment methods - https://www.theinsightpartners.com/buy/TIPRE00004327?utm_source=OpenPR&utm_medium=10051

Email: sales@theinsightpartners.com
Phone : +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Piston Market Size Worth USD 5.81 Billion with 6% of CAGR, Globally, by 2028 - The Insight Partners here

News-ID: 2741466 • Views:

More Releases from The Insight Partners

Telecom Cloud Market by Demand Analysis, Manufacturers Share, Regions, Risk Analysis, Driving Forces and Application, Forecast to 2031
Telecom Cloud Market by Demand Analysis, Manufacturers Share, Regions, Risk Anal …
The Insight Partners adds "Telecom Cloud Market Forecast to 2031 COVID-19 Impact and Global Analysis" to its store providing analysis of the current and future market competition in the market. Insightful review of the key industry drivers, opportunities, barriers and challenges. Each trend is independently researched to provide qualitative analysis of its implications. Download Sample PDF @ https://www.theinsightpartners.com/sample/TIPRE00003311?utm_source=OpenPR&utm_medium=10881 Key Players Analysis: AT&T Inc. Amazon Web Services Inc Telefonaktiebolaget LM Ericsson Verizon Communications Inc International Business Machines Corp Cisco
Denim Fabrics Market by Demand Analysis, Manufacturers Share, Regions, Risk Analysis, Driving Forces and Application, Forecast to 2031
Denim Fabrics Market by Demand Analysis, Manufacturers Share, Regions, Risk Anal …
The Insight Partners adds "Denim Fabrics Market Forecast to 2031 COVID-19 Impact and Global Analysis" to its store providing analysis of the current and future market competition in the market. Insightful review of the key industry drivers, opportunities, barriers and challenges. Each trend is independently researched to provide qualitative analysis of its implications. Download Sample PDF @ https://www.theinsightpartners.com/sample/TIPRE00018240?utm_source=OpenPR&utm_medium=10881 Key Players Analysis: SANKO Holding Candiani S.p.A. Hyde Park Denim Cone Denim LLC KG DENIM LIMITED Zeva Denim Prosperity Textile T?SA AtlasDenim Arvind Limited The
Split Air Conditioning Market Set for Strong Growth Driven by Energy Efficiency and Smart Home Integration Trends
Split Air Conditioning Market Set for Strong Growth Driven by Energy Efficiency …
New York, US - October 27, 2025 - According to a new report published by The Insight Partners, the Split Air Conditioning Market is projected to witness steady growth from 2025 to 2031, registering a CAGR of XX%. The market size is expected to expand from US$ XX Million in 2024 to US$ XX Million by 2031, fueled by increasing consumer demand for energy-efficient, eco-friendly, and technologically advanced air conditioning
Intelligent Pipeline Pigging Market Projected for 6.3% CAGR Growth During 2025-2031 Forecast Period
Intelligent Pipeline Pigging Market Projected for 6.3% CAGR Growth During 2025-2 …
New York, US - October 27, 2025 - The Intelligent Pipeline Pigging Market is poised for steady expansion, reaching US$ 1,244.2 million by 2031, up from US$ 782.3 million in 2023, registering a CAGR of 6.3% from 2025 to 2031. This strong trajectory highlights the growing importance of advanced pigging solutions that enhance pipeline integrity, operational efficiency, and environmental safety. As global energy and utility networks continue to expand, the demand

All 5 Releases


More Releases for CAGR

[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends. Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064 According to the report published by Allied Market Research,
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032. This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion. These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States. Despite challenges such as training for new