(2023-2028) Automotive Piston Market Insights, SWOT Analysis, Growth Rate, Share, Key Players and Forecast Report

The recent report by IMARC Group, titled "Automotive Piston Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global automotive piston market size reached US$ 4.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.0 Billion by 2028, exhibiting a growth rate (CAGR) of 2.8% during 2023-2028.

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Automotive Piston Market Overview:

An automotive piston is the most vital component in the internal combustion engine of vehicles, whose design is based on the combination between weight, strength, and thermal expansion control. It works by generating mechanical energy that propels the crankshaft movement, which in turn drives the wheels of a vehicle. It comprises piston pins and rings and a cylinder that slides back and forth by force developed by the gases during the combustion process. It is mostly produced using aluminum and steel alloys, due to which it exhibits excellent corrosion resistance, greater strength, high durability, and enhanced operating capacity at high temperatures.

Global Automotive Piston Market Trends:

The global market is majorly driven by the increasing manufacturing of vehicles. Coupled with the rising automobile sales in different segments, such as two-wheelers and four-wheelers, is escalating the demand for automotive pistons. Apart from this, the increasing deployment of double-cylinder engines in the production of high-end bikes is creating a positive market outlook. Moreover, consumers are spending more on buying personal vehicles due to the growing traffic level, and inflating disposable income levels of individuals are significantly supporting the demand for automotive pistons. Other factors, including continual technological innovations and growing demand for lightweight commercial vehicles, are also accelerating the market.

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Key Market Segmentation:

Top Automotive Piston Manufacturing Brands Worldwide:

• MAHLE GmbH
• Aisin-Seiki Co. Ltd.
• KSPG AG
• Hitachi Automotive Systems
• Federal-Mogul
• India Pistons Limited
• Arias Piston
• Capricorn Automotive
• Ross Racing Piston
• Shriram Pistons and Rings

Breakup by Material:

• Aluminum
• Steel

Breakup by Vehicle:

• passenger cars
• light commercial vehicles (LCVs)
• heavy commercial vehicles (HCVs)

Breakup by Piston Coating Type:

• Thermal barrier
• Dry film lubricant
• Oil shedding

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other

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