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Automotive Piston Market Expected to Reach $15,705 Million, Globally by 2022

Automotive piston is an engine component cylindrical in shape, which slides back and forth in the cylinder bore by the force produced by the expanding gas during the combustion process. Passenger cars and commercial vehicles such as heavy trucks and buses integrate more than four pistons, depending on the number of cylinders. Being an integral part of the automotive engine, the market is poised to grow on account of the increasing sales and production of automobiles. Numerous leading players focus on R&D to enhance their technical expertise and product portfolio, further supplementing the market growth

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Automotive Piston Market Expected to Reach $15,705 Million, Globally by 2022

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  1. Automotive Piston Market Opportunities and Forecasts, 2014- 2022

  2. Automotive Piston Market (Future and Growth) • The Global Automotive Piston Market is expected to garner $15,705 million by 2022 • Automotive Piston Market registers a CAGR of 4.8% during the period 2016-2022  • By material type, aluminum piston segment would lead the market, accounting for around 67% of the overall Automotive Piston Market revenue

  3. Automotive Piston Market (Factors Contributing to Market Growth) • The demand for AutomotivePiston is driven by increase in sales & production of vehicles globally  • Advancement in technology such as integration of cooling channel in piston • Increasing use of double cylinder engines over single cylinder engine in premium segment bikes • Pistons are light-weight and has a low corrosion rate

  4. Key Factors of Automotive Piston Market • In 2015, aluminum piston led the overall automotive piston market and is projected to grow at a CAGR of 4.6% during the forecast period • Trunk piston led the overall market in2015and is projected to grow at a CAGR of 4.3% from 2016 - 2022. • Asia-Pacific accounted for the largest market share in 2015 and is anticipated to grow at a CAGR of 5.2% during the forecast period

  5. Automotive Piston Market Segmentation By Type By Coating By Vehicle By Material Trunk Two wheeler Thermal Barrier Steel Three wheeler Crosshead Dry film Lubricating Aluminum Four wheeler Slipper Oil Shedding Heavy vehicles Deflector

  6. Automotive Piston Market Segmentation By Geography • Market of Automotive Piston is geographically segmented into • North –America • Europe • Asia- Pacific • LAMEA (Latin America, Middle East, Africa)

  7. Key Players • MahleGmbh • Aisin-Seiki Co. Ltd • KSPG AG • Hitachi Automotive Systems • Federal-Mogul • Indian Piston Limited • ShriramPiston & Rings • Arias Piston • Capricorn Automotive and • Ross Racing Piston

  8. Summary Automotive piston is an engine component cylindrical in shape, which slide back and forth in the cylinder bore by the force produced by the expanding gas during the combustion process. Passenger cars and commercial vehicles such as heavy trucks and buses integrate more than four pistons, depending on the number of cylinders. Being an integral part of the automotive engine, the market is poised to grow on account of the increasing sales and production of automobiles. Numerous leading players focus on R&D to enhance their technical expertise and product portfolio, further supplementing the market growth To Know more about Automotive Piston Market Visit : https://www.alliedmarketresearch.com/automotive-piston-market Follow Us on

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