The global automotive piston market size reached US$ 4.3 billion in 2023. The market is projected to reach US$ 5.5 billion by 2032, exhibiting a growth rate (CAGR) of 2.7% during 2023-2032.
A piston is a vital component of both internal and external combustion engine which works by generating mechanical energy and providing necessary force to a vehicle for running on the road. It helps in transferring the force from expanding gas in the cylinder to the crankshaft via a piston rod or connecting rod. It is used for forming a sliding gas and oil tight seal in a cylinder, transmitting the gas load to the small end of the connecting rod, and acting as a bearing for the gudgeon pin. The design of a piston is based on a conciliation between strength, weight, and thermal expansion control.
2. What is the expected growth rate of the global automotive piston market during 2024-2032?
3. What are the key factors driving the global automotive piston market?
4. What has been the impact of COVID-19 on the global automotive piston market?
5. What is the breakup of the global automotive piston market based on the vehicle type?
6. What is the breakup of the global automotive piston market based on the piston coating type?
7. What is the breakup of the global automotive piston market based on the piston type?
8. What are the key regions in the global automotive piston market?
9. Who are the key players/companies in the global automotive piston market?
A piston is a vital component of both internal and external combustion engine which works by generating mechanical energy and providing necessary force to a vehicle for running on the road. It helps in transferring the force from expanding gas in the cylinder to the crankshaft via a piston rod or connecting rod. It is used for forming a sliding gas and oil tight seal in a cylinder, transmitting the gas load to the small end of the connecting rod, and acting as a bearing for the gudgeon pin. The design of a piston is based on a conciliation between strength, weight, and thermal expansion control.
Market Trends
Due to growing population and rising disposable incomes, consumers are now spending more on their personal vehicles. This has increased the overall production of automobiles which, in turn, is strengthening the growth of the automotive piston market. Apart from this, automobile piston production is also influenced by the emerging trend of high-end bikes. These bikes have double cylinders, requiring two pistons each, which is further augmenting the demand for automotive pistons across the globe. Other growth-inducing factors include constant innovations in technology, and growing demand for heavy and light commercial vehicles.Key Market Segmentation:
The report provides an analysis of the key trends in each sub-segment of the global automotive piston market report, along with forecasts at the global and regional level from 2023-2032. The report has categorized the market based on material type, vehicle type, piston coating type, piston type and distribution channel.Breakup by Material Type:
- Aluminum
- Steel
Breakup by Vehicle Type:
- Passenger Cars
- LCV
- HCV
Breakup by Piston Coating Type:
- Thermal Barrier Piston Coating
- Dry Film Lubricant Piston Coating
- Oil Shedding Piston Coating
Breakup by Piston Type:
- Trunk Piston
- Crosshead Piston
- Slipper Piston
- Deflector Piston
Breakup by Distribution Channel:
- OEM
- Aftermarket
Breakup by Region:
- Asia-Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
Competitive Landscape
The competitive landscape of the market has also been examined with some of the key players being MAHLE GmbH, Aisin-Seiki Co. Ltd., KSPG AG, Hitachi Automotive Systems, Federal-Mogul, India Pistons Limited, Arias Piston, Capricorn Automotive, Ross Racing Piston, and Shriram Pistons and Rings.Key Questions Answered in This Report
1. What was the size of the global automotive piston market in 2023?2. What is the expected growth rate of the global automotive piston market during 2024-2032?
3. What are the key factors driving the global automotive piston market?
4. What has been the impact of COVID-19 on the global automotive piston market?
5. What is the breakup of the global automotive piston market based on the vehicle type?
6. What is the breakup of the global automotive piston market based on the piston coating type?
7. What is the breakup of the global automotive piston market based on the piston type?
8. What are the key regions in the global automotive piston market?
9. Who are the key players/companies in the global automotive piston market?
Table of Contents
1 Preface3 Executive Summary15 Global Automotive Piston Industry: Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Automotive Piston Market
6 Market Breakup by Material Type
7 Market Breakup by Vehicle Type
8 Market Breakup by Piston Coating Type
9 Market Breakup by Piston Type
10 Market Breakup by Distribution Channel
11 Market Breakup by Region
12 Global Automotive Piston Industry: SWOT Analysis
13 Global Automotive Piston Industry: Value Chain Analysis
14 Global Automotive Piston Industry: Porters Five Forces Analysis
16 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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 & Rings
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 142 |
| Published | January 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 4.3 Billion |
| Forecasted Market Value ( USD | $ 5.5 Billion |
| Compound Annual Growth Rate | 2.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
