Automotive Piston Market is poised to touch USD 13145 million by 2025

Market-Research

Automotive Piston Market Size and Growth Rate:

Automotive Piston Market was valued at USD 8420 million in 2017 and projected to reach USD 13145 million by 2025 growing at a CAGR of 5% during the forecast period 2018 to 2025.

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Automotive Piston Market Growth Drivers and Restraints:

High-end bicycles in the two-wheel market are more likely to use two-cylinder engines than conventional single-cylinder engines. As a result, the increase in the production of high-end bicycles is expected to contribute to the growth of the global car piston market. In addition, the increase in demand for light and heavy commercial vehicles and passenger cars is expected to stimulate growth in the global market. Continuous research and development in the automotive sector to improve engine fuel efficiency could stimulate growth in the automotive piston market.

Geographical Insights of Automotive Piston Market:

In Asia Pacific, Japan is a major contributor to market growth. North America and Europe also represent a good part of the automotive piston market.

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Key Players of Automotive Piston Market:

Hitachi Ltd., Aisin-Seiki Co. Ltd., Rheinmetall AG, Mahle GmbH, and Federal-Mogul Corporation are the major players of the market.

Automotive Piston Market Segmentation:

By Product:

  • Automotive Aluminum Piston
  • Automotive Steel Piston

By Application:

  • Passenger Cars
  • Commercial Vehicles

By Region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East and Africa

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