Automotive Piston System Market 2018 Global Share, Trends, Segmentation and Forecast by 2024
Description
Automotive Piston System Market:
Global Size, Trends, Competitive, Historical & Forecast Analysis, 2018-2024
– Increasing sales of vehicles is the driving factor of Automotive
Piston System Market.
Automotive Piston System
Market is valued at USD 11,833.17 Million in 2017 and expected to reach USD
16,561.86 Million by 2024 with the CAGR of 4.92% over the forecast
period.
Automotive Piston System is one of the important parts of engine
which is used to transfer force from expanding gas in the cylinder to the
crankshaft through piston rod. The entire mechanism of piston is used to
produce required power to drive the shaft and then the automobile. It consists
piston rings which is used to restrict the gas leakage. It is used to
reciprocate engines, pumps, gas compressors, pneumatic cylinders and other same
mechanisms. It is situated in the cylinder and act as a valve which moves by
expanding gas produced from cylinder, which in turn generate required power. It
moves in upward and downward motion in the cylinder and transmit the power to
the crankshaft.
Automotive Piston System Market is segmented on the basis of
material, type, coating, vehicle type. Based on material the market is divided
in to aluminum and steel for light weighted and heavy engines. Based on type
Automotive Piston System Market system market is divided in to trunk piston,
crosshead piston, slipper piston and deflector piston. In terms of coating the
market is segmented in to thermal barrier coating piston, dry film lubricating
coating piston and oil shedding coating piston. According to vehicles type the
market is divided in to two-wheeler, three-wheeler, four-wheeler and heavy
commercial vehicle.
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The regions covered in this Automotive Piston System Market
report are North America, Europe, Asia-Pacific and Rest of the World. On the
basis of country level, market of Automotive Piston System Market is sub
divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan,
India, South East Asia, GCC, Africa, etc.
Key
Players for Automotive Piston System Market Reports–
Key
players of Automotive Piston System Market are like Rheinmetall AG, Aisin-Seiki
Co. Ltd., Mahle GmbH, Federal-Mogul Corporation, Hitachi Ltd., Capricorn
Automotive, Day Piston, Celina Aluminum Precision Technology, Cheng Shing
Piston, JE Pistons and others.
Increasing
sales for vehicles is the driving factor of Automotive Piston System Market.
Due
to popularity of lighter vehicles there is rise in demand of lighter and
efficient Automotive Piston System, which downsizes the automobile engine.
Another factor that drives the lighter piston system is environmental concern,
as lighter piston contributes to the eco-friendly and fuel-efficient engines.
Unlike piston of steel, the light weighted pistons are made from aluminum and
silicon, which in turn makes fuel efficient engines. This is a strong driving
factor among major players which helps them to create lighter and
cost-efficient vehicles to meet the demands of customer. In addition, rising
economy of developing countries, growth in global automotive sector and
investment in Automotive Piston System market helps this market to grow
positively. The demand of vehicles in developing countries also contributes to
the driving factor of this market. The rising concern of environmental
pollution, search of clean energy, demand foe electric vehicles are the main
obstacles to this market.
The
innovation of new engines such as Renault powerful is going to contribute in
growth of this market. It is a new two stroke engine which uses turbochargers
and superchargers. It offers good operating efficiency, better fuel consumption
and lower carbon dioxide emissions.
Asia
pacific is expected to dominate the Automotive Piston System Market
The
Asia pacific region has the highest share in Automotive Piston System Market.
Due to increasing demand of two wheelers and four wheelers, China (sales of
vehicles 2016-17 growth rate: 3.904%) and India (sales of vehicles growth rate
2016-2017: 9.491%) are leading in Asia pacific region. Increase in
manufacturing costs, forces the manufacturing companies of Europe and north
America to shift their attention to Asia pacific region due to low labor cost
and easily available raw materials. Europe is the second largest market, but
having slow growth rate due to saturation. Germany and France are leading the
market in Europe. North America has the third largest market share owing to the
demand of efficient light vehicles in this region.
Key
Benefits for Global Automotive Piston System Market Reports –
·
Global market report covers in depth historical and forecast
analysis.
·
Global market research report provides detail information about
Market Introduction, Market Summary, Global market Revenue (Revenue USD),
Market Drivers, Market Restraints, Market opportunities, Competitive Analysis,
Regional and Country Level.
·
Global market report helps to identify opportunities in market
place.
·
Global market report covers extensive analysis of emerging
trends and competitive landscape.
·
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Automotive
Piston System Market Segmentation
By
Material
·
Steel
·
Aluminum
By
Type
·
Trunk piston
·
Crosshead piston
·
Slipper piston
·
Deflector piston
By
Coating
·
Thermal barrier coating piston
·
Dry film lubricating coating piston
·
Oil shedding coating piston
By
vehicles type
·
Two-wheeler
·
Three-wheeler
·
Four-wheeler
·
Heavy commercial vehicle.
By
Region
·
North America
·
U.S.
·
Canada
·
Europe
·
U.K.
·
France
·
Germany
·
Italy
·
Asia Pacific
·
China
·
Japan
·
India
·
Southeast Asia
·
Latin America
·
Brazil
·
Mexico
·
Middle East and Africa
·
GCC
·
Africa
·
Rest of Middle East and Africa
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