Automotive Piston System Market: Industry Outlook, Growth Prospects and Key Opportunities

The piston is one of the most vital component of an automobile engine. The energy of an automobile’s engine is stored in the piston. Pistons are located in the cylinder block of an engine. The number of cylinders of an engine may vary. An intake valve injects a mixture of air and fuel inside the cylinder, where pressure is created as the piston returns to the top of cylinder after its completion of the previous cycle. When the pressure reaches the maximum level, the spark plug at the top of the cylinders ignites the gas and creates an explosion, sending the piston down very quickly.

The energy created travels through the connecting rod which is situated at the bottom of piston. The linear motion is converted into rotational motion through the crankshaft, which is connected to the transmission and therefore allows the movement of wheels. Pistons can be of various sizes and materials, depending upon the cylinder bore of the motor. Proper piston size and material is extremely important for the maintenance of the required compression ratio.

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Piston ring is an integral component of an automotive piston system. Pistons rings are of three types such as compression rings, wiper rings and oil rings. During the combustion in engine, compression rings seal the combustion chamber from any sort of leakages. A wiper ring is used to seal the combustion chamber further and clean the cylinder wall of excess oil. The combustion gases that penetrate through compression rings are stopped by wiper rings. An oil ring is required to clean the cylinder wall of excess oil during the piston movement.

The automotive piston system market can be classified by piston ring type, by material, by application and by geography. The piston ring type segment can be classified into compression rings, wiper rings and oil rings. By material, the market can be bifurcated into steel and aluminum and iron. By application, the market can be segregated as passenger vehicles, light commercial vehicles and heavy commercial vehicles. By geography, the market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

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Rising trend of downsizing in automobile engines is the major factor driving the demand for lighter and efficient automotive piston systems. Due to environmental concerns and the requirement for fuel efficient vehicles, government of major countries are mandating the production of lighter automobile engines, which are eco-friendly and fuel efficient. Therefore, lighter and smaller automobile engines are influencing the growth of light weight piston systems.

In addition, economic reforms in developing countries, growth in the global automotive sector and rising private equity investments in automotive piston system manufacturing companies across the world is set to influence the growth of this market positively. Moreover, increasing production of vehicles is also set to bolster the growth of this market globally. In terms of market revenue share, Asia Pacific is expected to hold the largest share by the end of forecast period followed by Europe, North America, Latin America and, Middle East and Africa.

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The report also provides company market share analysis of the various industry participants. Acquisition is the main strategy being widely followed by leading market players. In case of an acquisition, the acquirer takes advantage of existing synergies. As a result, both companies are expected to emerge more profitable and stronger than before.

Key players in the global automotive piston system market have been profiled and their company overview, financial overview, business strategies and recent developments have been covered in the report. Major market participants profiled in this report include: Mahle GmbH (Germany), Rheinmetall AG (Germany), Aisin-Seiki Co. Ltd. (Japan), Federal-Mogul Corporation (U.S.) and Hitachi Ltd. (Japan), among others.

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