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Automotive Piston Market Size, Share, CAGR, Analysis and Forecast to 2023
Automotive Piston Market Information by Material, By Coating (Thermal Barrier, Oil Shedding, Dry Film Lubricating, Others), By Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle) and By Region - Forecast 2022

BriefingWire.com, 3/04/2020 - Automotive Piston Market Highlight

A piston is an important component of automobile internal combustion engine, which transfers power within the cylinder of vehicle and delivers energy to the crankshaft after each power stroke during the cycle of an engine.

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The booming automotive industry is directly leading to the growth of the piston market. High end-bikes require a double engine cylinder consisting of two pistons. Therefore, the increase in demand of high end automobiles is leading to the increase in demand of pistons. Light weight pistons help in achieving fuel efficiency in automobile users. Thus, the rapid increase in the fuel prices is leading to the increased use of light weight pistons, thereby leading to the growth of the market.

Segmentation

To comprehend the market’s dynamics, it has been segmented by the elements of materials, coating, and vehicle type.

In terms of materials: Aluminum and steel are the segments.

In terms of coating: Dry film lubricating, oil shedding, thermal barrier are the segments.

In concern with vehicle type: Light commercial vehicles, heavy commercial vehicles and passenger cars are the segments.

Key Players

The well-known players of the global [FURL=https://www.marketresearchfuture.com/reports/piston-market-2436]automotive piston market[/FURL] automotive piston market are listed as

Burgess-Norton Mfg. Co., Inc. (U.S.)

Federal-Mogul Corporation (U.S.)

Aisin Seiki Co., Ltd. (Japan)

Arias Pistons Ltd (U.K.)

Ming Shun Industrial Co. Ltd (Taiwan)

MAHLE GmbH (Germany)

Rheinmetall Automotive AG (Germany)

Ross Racing Pistons (U.S.)

Shandong BinzhouBohai Piston Co., Ltd. (China), and Shriram Pistons and Rings Ltd. (India).

Top Regional Drivers

Regionally, the global Automotive Piston Market has been studied among the main regions of APAC, Europe, North America, and the Rest of the world.

As per the study, the Asia Pacific region is notable for expanding in support of the rising number of vehicles that are being manufactured in developing nations. India and China are leading in the manufacturing number for vehicles. Apart from this, the mounting per capita income of the individuals in the region is also being causative and therefore leading to the implementation of high-end automobiles, thus resulting in growing usage of pistons. With this, too, the prevalence of key automobile manufacturers in the region is also adding to the development of the Automotive Piston Market of the Asia Pacific region.

Europe is counted to be the second-largest market for the automotive piston since 2016. But, the region is expected to perceive sensible growth in the near future due to high market saturation. The countries such as France, UK and Germany might lead the overall demand for this regional automotive Automotive Piston Market.

Whereas, North America is also a foremost market for the automotive piston in support of the surge in sales for light commercial vehicles over time.

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