
Automotive Piston Equipment Market
Automotive Piston Equipment Market Global Industry Assessment & Forecast
Segments Covered
By Product Types Automotive Aluminum Piston, Automotive Steel Piston
By Component Piston head, Piston Ring, Piston Pin
By Vehicle Type Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
Snapshot
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2021 - 2028 |
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2016 - 2020 |
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10.41 Billion |
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15.15 Billion |
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4.80% |
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Asia Pacific |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
Others Request Customization Speak To Analyst
Key Insights
The global Automotive Piston Equipment market was valued at USD 10.41 Billion in 2020 and is projected to reach USD 15.15 Billion by 2028, growing at a CAGR of 4.80%% from 2021 to 2028.

Years | Parameters |
---|---|
Historical Data (Actual Data) | 2016-2020 |
Base Year Data | 2020 |
Current Year Date | 2021 |
Projected year data | 2021-2026 |
Annual Market Size (2028) | 15.15 Billion |
Annual Market Size (2021) | |
CAGR (2021 - 2028) | 4.80%% |
Definition And Overview
The automotive piston is an engine component that is cylindrical in shape, which slides back and forth in the cylinder bore due to force produced by the expansion of gas during the combustion process. Piston system comprises piston, piston rings, and piston pin; this system transfers the generated force to crankshaft through connecting rod. Piston generates mechanical energy that propels the crankshaft movement, which in turn, drives the wheels of the vehicle. Gasoline engine piston usually has fewer piston rings than diesel engine pistons due to high compression ratio of the latter. Most of the pistons are made up of aluminum & steel alloys to withstand high temperatures. The global Automotive Piston Equipment market report provides a
thorough analysis of each segment including Product Types,Component and
Vehicle Type for each region, and country. All the segments are studied
considering historical and future trends across geographies. All the segments covers
trends, market size, and forecasts, and the data is provided for the years
2016–2028. Moreover, the report also covers exhaustive analysis on competitive
scenario of the global market covering in depth company profiles based on
business overview, financial performance, product portfolio, business
strategies, recent developments, and market share among others. In addition to
that the report offers several market impacting factors such as drivers,
restraints, and opportunities. Cumulatively, the report will cover all of the aspects
regarding the global Automotive Piston Equipment market.
COVID-19 Impact Analysis
In 2020, swift spread of COVID-19 largely
impacted the global business operations, disrupting the supply chain and
impairing various industries. The global trading activities were declined
severely owing to the nationwide lockdowns, international border seals, and
strict social distancing measures. This had a drastic impact on the global economy,
as the companies across the globe were forced to either fully close or
partially close their operations, leading to disruption in the supply-demand
ratio. Moreover, in 2021 several key markets such as U.S., India, and Brazil
among others witnessed a second wave of COVID-19 that further disrupted the
market. However, it is expected that reopening of trade activities, the market
will witness steady growth in demand in the coming years. The impact of
COVID-19 on the market demand is considered while estimating the current and
forecast market size and growth trends for all the regions and countries. The report provides a completely separate
chapter for COVID-19 Impact Analysis. This chapter includes: o
Impact Assessment of COVID-19
Pandemic o
Pre & Post COVID-19 Market
Size o
Qualitative analysis on the
short term & long term impact of COVID-19 on the market
o The
analysis provides foremost strategies adopted by competitors to minimize the
impact of the pandemic on their business activities and scope for future
developments.
Industry Analysis
The
report covers an exhaustive analysis of Automotive Piston Equipment industry that includes
drivers, restraints/challenges, opportunities, and segmental/regional trends
among others. Apart from that, it will also cover extensive information on
various marketing tools such as PEST Analysis, Porter’s Five Forces Analysis, pricing
trends, SWOT analysis, and value chain analysis
along with technological landscape and regulatory framework specific to Automotive Piston Equipment
industry.
The increasing urbanization and industrialization is anticipated to augment the growth of the automotive piston equipment market. This is attributable to the rapid enhancement of technology by the automotive industry. Most of the manufacturing companies are now implementing automation in order to increase their productivity and profitability. Furthermore, the emerging economies in Asia Pacific and Africa region offer numerous growth opportunities as companies are setting up manufacturing plants in these economies to expand their presence and even the demand for passenger vehicles in this region has increased substantially. Moreover, the improving economy of several countries worldwide due to industrialization has resulted in rise in disposable income of consumer. This has increased the sales of luxurious passenger car which is expected to further support the growth of the automotive piston equipment market. The rising automotive sale and production across the globe is anticipated to augment the growth of the automotive piston equipment market during the forecast period. This is owing to the increase in manufacturing facilities in most of the emerging countries such as China, India, and Brazil among others. The prominent players of the automotive sector as well are focussing to invest and expand the business through different segments to gain better profitability. Furthermore, the increasing adoption of personal vehicles has also increased the global sales and production of automobiles. The engine downsizing is expected to hamper the growth of automotive piston equipment market. This is in order to reduce the carbon emission that most of the OEMs are shifting towards engine downsizing. This has resulted in a shift to 4-cylinder engines from 8- and 6-cylinder engines and slowed the growth of the market.
Global Automotive Piston Equipment Market Report Scope
Parameter | Details |
---|---|
Market Size Provided for Years | 2016-2028 |
Base Year | 2020 |
Historic Years | 2016-2020 |
Forecast Years | 2021-2028 |
Market Size Provided In Terms Of | Revenue & Volume |
Segments Covered | Product Types, Component, Vehicle Type |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Countries Covered | The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others |
Companies Covered | Cheng Shing Piston, Day Piston, United Engine and Machine, Sparex, Art Metal, Wossner Kolben, Mahle Group, Aisin Seiki, Celina Aluminum Precision Technology, Shriram Pistons & Rings, Federal-Mogul, Hitachi Automotive Systems, Shandong Binzhou Bohai Piston, Arias Piston, Topline Automotive Engineering, JE Pistons, ROSS RACING PISTONS, Piston Automotive, Wiseco Piston, Capricorn Automotive, KSPG. |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and Asia Pacific, company market share analysis, and COVID-19 impact analysis |
Market Segmentation
Product Types Analysis: Preview On the basis of Product Types,
the market is segmented into Automotive Aluminum Piston, Automotive Steel Piston. Aluminum held the highest
share in the global Automotive Piston Equipment market and
is projected to witness the same trend during the forecast period. Component Analysis:
Preview Based on Component,
the market is segmented into Piston head, Piston Ring, Piston Pin. accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028. Vehicle Type Analysis:
Preview
Based
on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles. Passenger Car
dominates the global Automotive Piston Equipment
market and is expected to continue the same trend from 2021 to 2028.
Global Automotive Piston Equipment Market: Product Types Segment Analysis
-
- Automotive Aluminum Piston
- Automotive Steel Piston
Global Automotive Piston Equipment Market: Component Segment Analysis
-
- Piston head
- Piston Ring
- Piston Pin
Global Automotive Piston Equipment Market: Vehicle Type Segment Analysis
-
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Regional Analysis: Preview
Based on geography, the global Automotive Piston Equipment market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The regional section is further bifurcated into key country level markets for each region. Some of the prominent country-level markets are U.S., China, Germany, France, India, and Japan. It covers market size and estimations for each segment by region and country for the years 2016–2028. Asia Pacific dominates the global Automotive Piston Equipment market and is expected to continue the same trend during upcoming years. This is accredited to the presence of key market players combined with rising demand from the end-users.
Market Size, 2021 (USD Billion)
Global Automotive Piston Equipment Market: Regional Analysis
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
Competitive Landscape
Major players in the global Automotive Piston Equipment market are Cheng Shing Piston, Day Piston, United Engine and Machine, Sparex, Art Metal, Wossner Kolben, Mahle Group, Aisin Seiki, Celina Aluminum Precision Technology, Shriram Pistons & Rings, Federal-Mogul, Hitachi Automotive Systems, Shandong Binzhou Bohai Piston, Arias Piston, Topline Automotive Engineering, JE Pistons, ROSS RACING PISTONS, Piston Automotive, Wiseco Piston, Capricorn Automotive, KSPG.. The global Automotive Piston Equipment market report covers an exhaustive analysis of all the key players in the industry. This includes a business overview, extensive portfolio, business strategies, news, financial performance, length of distribution network, and geographical presence among others. In addition to that, the report also covers company market share along with in-depth strategic developments.
Global Automotive Piston Equipment Market: Key Highlights
FAQ
Frequently Asked Question
What is the global demand for Automotive Piston Equipment in terms of revenue?
-
The global Automotive Piston Equipment valued at 10.41 Billion in 2020 and is expected to reach 15.15 Billion in 2028 growing at a CAGR of 4.80%%.
Which are the prominent players in the market?
-
The prominent players in the market are Cheng Shing Piston, Day Piston, United Engine and Machine, Sparex, Art Metal, Wossner Kolben, Mahle Group, Aisin Seiki, Celina Aluminum Precision Technology, Shriram Pistons & Rings, Federal-Mogul, Hitachi Automotive Systems, Shandong Binzhou Bohai Piston, Arias Piston, Topline Automotive Engineering, JE Pistons, ROSS RACING PISTONS, Piston Automotive, Wiseco Piston, Capricorn Automotive, KSPG..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.80%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Automotive Piston Equipment include
- The increasing urbanization and industrialization is anticipated to augment the growth of the automotive piston equipment market. This is attributable to the rapid enhancement of technology by the automotive industry. Most of the manufacturing companies are now implementing automation in order to increase their productivity and profitability. Furthermore, the emerging economies in Asia Pacific and Africa region offer numerous growth opportunities as companies are setting up manufacturing plants in these economies to expand their presence and even the demand for passenger vehicles in this region has increased substantially. Moreover, the improving economy of several countries worldwide due to industrialization has resulted in rise in disposable income of consumer. This has increased the sales of luxurious passenger car which is expected to further support the growth of the automotive piston equipment market.
- The rising automotive sale and production across the globe is anticipated to augment the growth of the automotive piston equipment market during the forecast period. This is owing to the increase in manufacturing facilities in most of the emerging countries such as China, India, and Brazil among others. The prominent players of the automotive sector as well are focussing to invest and expand the business through different segments to gain better profitability. Furthermore, the increasing adoption of personal vehicles has also increased the global sales and production of automobiles.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Automotive Piston Equipment in 2020.