Global Automotive Piston Market Size, Share, Growth Analysis, By Component, By Coating, By Vehicle

Description

Automotive Piston Market size was valued at USD 10.78 billion in 2021 and is poised to grow from USD 11.38 billion in 2022 to USD 17.41 billion by 2030, growing at a CAGR of 5.4% in the forecast period (2023-2030)

The automotive piston is a cylindrical component within an engine that moves back and forth in the cylinder bore, driven by the force generated during the combustion process. It consists of a piston, piston rings, and a piston pin, which collectively transfer the force to the crankshaft through the connecting rod. This mechanical energy powers the crankshaft, leading to the vehicle's movement.

Gasoline engine pistons typically have fewer rings than diesel engine pistons due to the latter's higher compression ratio. To withstand high temperatures, most pistons are made from aluminum and steel alloy.

The increasing production of internal combustion engine vehicles (ICEVs) is driving the demand for automotive pistons that can enhance fuel efficiency, reduce emissions, and provide flexibility and reliability. The growing sales of ICE vehicles in regions like APAC and the MEA are encouraging manufacturers to develop more environmentally friendly vehicle components, including pistons and lubricants. The global rise in automotive manufacturing activities is further contributing to the increased demand for automotive pistons. Steel pistons are preferred for their ability to reduce fuel consumption and CO2 emissions. They are also lighter than other types and have a lower compression height. Aluminum, on the other hand, remains the most popular material for automotive pistons due to its lightweight nature, thermal conductivity, corrosion resistance, and casting properties.

Segments covered in this report

The automotive piston is segmented on the basis of by component type, by piston coating type, by vehicle type, by material type. Whereas, by component type is sub segmented into the piston, piston rings, and piston pins. By piston coating type is sub segmented into the dry film lubricating coating type, oil shedding coating piston, thermal barrier coating piston, by vehicle type is sub segmented into the commercial vehicle, heavy commercial vehicle, light commercial vehicle, passenger vehicle, Two-wheeler. By material, it is segmented into aluminum and steel. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Driver

The rising demand for high-performance vehicles in developing countries like India and China is driving the growth of the automotive piston market. Increased urbanization, changing demographics, improved living standards, and higher spending capacity are contributing to the growth of vehicle sales. The demand for high-performance vehicles, safety, and convenience is fueling the need for more piston engines. Additionally, younger consumers are showing a preference for high-speed, luxury, and comfort in their vehicles.

Restraint

The increasing adoption of electric vehicles in the automotive industry, driven by environmental concerns and advanced technology research, may hinder the growth of the traditional automotive market. The shift towards zero-emission vehicles could negatively impact the market as electric vehicles do not rely on traditional engine technology.

Market Trends

The primary obstacle in the automotive industry is enhancing engine performance, which involves reducing the size and weight of engine components. The piston, a critical and indispensable engine part, plays a crucial role in providing motion. The rising popularity of aluminum alloys is attributed to their advantageous properties, including being lightweight, highly resistant to corrosion, possessing greater strength, high durability, and efficient operation at high temperatures.

Product Code: SQMIG25A2060

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Automotive Piston Market by Component

Market Overview
Dry film lubricating coating type
oil shedding coating piston
thermal barrier coating piston

Global Automotive Piston Market by Coating

Market Overview
commercial vehicle
heavy commercial vehicle
light commercial vehicle
passenger vehicle
Two-wheeler

Global Automotive Piston Market by Vehicle

Market Overview
aluminum and steel

Global Automotive Piston Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

Aisin Seiki Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Art Metal Mfg. Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Capricorn Automotive
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Federal-Mogul LLC
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
General Motors Company
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hitachi Automotive Systems, Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Indian Piston Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
KSPG AG
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
MAHLE GmbH
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Menon Pistons Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Mitsubishi Heavy Industries, Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Rheinmetall Automotive AG
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Ross Racing Pistons
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Shriram Pistons and Rings Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Tenneco Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
TPR Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
United Engine & Machine Co. Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Wiseco Piston Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
World Pistons Co., Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
ZYNP Corporation
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global Automotive Piston Market Size, Share, Growth Analysis, By Component, By Coating, By Vehicle - Industry Forecast 2023-2030