Global Automotive Piston Market Overview:
The automotive piston’s purpose is to relocate force from expanding gas in the cylinder to the crankshaft along with the ram. The piston’s function is to reverse, and energy is transferred from the crankshaft to the piston to compress or eject the fluid in the cylinder.
Global Automotive Piston Market Insights
The global automotive piston
market expected to increase market value by USD 7.6 billion with an escalating CAGR in the forecast period from 2020-2027. The market demand for the automotive piston is fueling due to the emerging economies, rising demand for the lightweight commercial vehicle, increasing demand fuel-efficient vehicles, and penetration of the electric car. The piston is the heart of the car engine, withstands alternating mechanical and thermal loads, and is one of the most important part in the engine’s working conditions. The piston’s function is to withstand the gas pressure and transfer it to the connecting rod through the piston pin to drive the crankshaft to rotate. The piston is one of the most indispensable elements of an automobile engine. The vitality of an automobile’s engine stored in the ram. An intake valve inoculates a mixture of air and fuel inside the cylinder. The pressure created the piston returns to the top of the bottle after its completion of the previous cycle. When the pressure reaches the maximum extent, the spark plug at the peak of the cylinders erupts the gas and creates detonation, sending the piston down swiftly.
Increasing Adoption of Electric Vehicle
The electric vehicles
industry has observed significant growth over the past few years due to its desired efficiency and output. The electric vehicles’ adoption helps in overcoming the harmful emissions from conventional cars. As electric vehicles use the most efficient batteries for power generation, the use of a traditional engine restricted for generating power. Thus, an increase in the use of electric vehicles anticipated to inhibit the growth of the global automotive piston market.
Rapid Industrialization and Urbanization
Due to the rapid advancement of technology, most of the manufacturing companies are adopting automation to increase productivity and profitability. Thus, it is resulting in speedy industrialization and urbanization. The corporate environment provides suitable manufacturing facilities, primarily in emerging countries. Therefore, a rise in the demand for passenger vehicles in developed regions is anticipated to increase during the forecast period.
By Fuel Segmental Analysis
Based on the fuel, the global automotive piston market segmented into Gasoline, Diesel, Alternate Fuel. The alternate fuel segment estimated to dominate the maximum share of the global automotive piston market. It mainly owes to the rising demand for lightweight vehicles and scarcity of fossil fuel to drive the market demand for alternate fuels that have zero-emission and are available at abundance.
By Vehicle Segmental Analysis
Based on the vehicle, the global automotive piston market classified into Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle. The light commercial vehicle segment dominated the largest market share in the global automotive piston market. Two pistons used for high end-bikes help reduce the weight of the vehicle to eliminate the use of single-cylinder in and moving towards a double-barrel. Thus, the demand for the global automotive piston is fueling with the emerging market for the light commercial vehicle segment.
By Material Segmental Analysis
Based on the material, the global automotive piston market segmented into Aluminum, Steel. The aluminum material contributes the largest share in the global automotive piston market. The increasing demand for the adoption of lightweight vehicle aluminum is used, making them. The vehicle body made from aluminum helps increase the vehicle’s performance by better accelerating function, better brake system, and better handling.
By Component Segmental Analysis
Based on the component, the global automotive piston market classified into Piston head, Piston Ring, Piston Pin. The Piston ring segment dominates the largest share in the global automotive piston market. It is mainly due to the piston ring’s features that help control the oil consumption, seal the combustion chamber, and transfer the heat to the cylinder walls to reduce the minimal loss of gas. It also maintains the balance of the quantity of oil between the piston and cylinder wall.
By Shape Segmental Analysis
Based on the shape, the global automotive piston market categorized into Flat-top, Bowl, Dome. The flat-top shape is majorly preferred and captures the largest market segment for the global automotive piston market. It is mainly due to its simple design that reduces the cost of manufacturing. Moreover, the high compression ratio offered by the piston is beneficial for the mass production engines.
By Coating Segmental Analysis
Based on the coating, the global automotive piston market is segmented into Thermal Barrier Coating, Dry Film Lubricant coating, Oil Shedding. The lubricant coating segment is contributing the largest share in the global automotive piston market as it retains fluid and holds oil to the surface beyond the pressure where the oil would squeeze off.
By Region Segmental Analysis
Based on geography, the global automotive piston market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific is the world’s fastest-growing global automotive piston market, accounting for the largest share. It is mainly due to the rising demand for commercial vehicles; increasing demand for the lightweight vehicle drives the need for the Asia Pacific.
Companies such as MAHLE GmbH, Aisin Seiki Co., Ltd, Rheinmetall Automotive AG, Tenneco Inc., Art Metal Mfg. Co. Ltd and others are key players in the global automotive piston market.
- Market research and consulting firms
- Industry associations
- Global automotive piston manufacturing companies
- Research organizations and consulting companies’ automotive piston
- Regulatory bodies
The objective of the Research
- Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
- Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
- Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
- Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
- The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.
Market Modelling By Fuel
- Alternate Fuel
By Material By Component
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By Shape By Coating
- Piston head
- Piston Ring
- Piston Pin
- Thermal Barrier Coating
- Dry Film Lubricant coating
- Oil Shedding
- North America
- Asia Pacific
- South America
- Middle East & Africa