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Showing posts with the label Automotive Piston Market

Automotive Piston Market Projected to reach $2.2 billion by 2025

  The report  “ Automotive Piston Market  by Component (Piston, Piston Ring, Piston Pin), Material (Steel, Aluminum), Coating Type (Dry Film Lubricants, Thermal Barriers, Oil Shedding), Piston Shape, Vehicle & Fuel Type, Aftermarket and Region – Global Forecast to 2025″ ,automotive piston market is projected to grow to USD 2.2 billion by 2025 from USD 1.9 billion in 2020, at a CAGR of 3.5%. Factors such as fuel shift towards gasoline passenger cars & especially towards GDI engines and the demand for lightweight piston components are projected to create a potential need for automotive pistons in the coming years Passenger Car Segment is estimated to hold the largest share in Automotive Piston Market The passenger car segment is estimated as the largest market for automotive piston as this type of vehicle contributes to >60% of the global vehicle production. According to the ACEA, passenger car production hit 66 million in 2018; this figure is expected to go beyo...

Automotive Piston Market: Business Opportunities and Global Industry Analysis

  The global   Automotive Piston Market   size is projected to grow to USD 2.2 billion by 2025 from USD 1.9 billion in 2020, at a CAGR of 3.5%. Demand for high-pressure GDI pistons, lightweight piston components, and passenger car gasoline engines would drive the global automotive piston industry.  With the engine downsizing and turbocharging, the popularity of gasoline direct injection (GDI) is increasing. GDI is being considered as one of the key components for fulfilling future emission standards. Therefore, with GDI becoming popular, the demand for high-pressure GDI pistons is expected in the automotive piston market. Globally the automotive industry is driven by legislation to reduce emissions & increase fuel efficiency. With decreased limits of pollutants in upcoming emission regulations, OEMs are working on vehicle light-weighting. In this regard, a shift from iron engine blocks to aluminum engine blocks is one of the approaches being adopted. Owing to the...

Automotive Piston Market Witness to Grow USD 2.2 billion by 2025

  The global Automotive Piston Market size is projected to grow to USD 2.2 billion by 2025 from USD 1.9 billion in 2020, at a CAGR of 3.5%. Demand for high-pressure GDI pistons, lightweight piston components, and passenger car gasoline engines would drive the global automotive piston industry.  With the engine downsizing and turbocharging, the popularity of gasoline direct injection (GDI) is increasing. GDI is being considered as one of the key components for fulfilling future emission standards. Therefore, with GDI becoming popular, the demand for high-pressure GDI pistons is expected in the automotive piston market. Globally the automotive industry is driven by legislation to reduce emissions & increase fuel efficiency. With decreased limits of pollutants in upcoming emission regulations, OEMs are working on vehicle light-weighting. In this regard, a shift from iron engine blocks to aluminum engine blocks is one of the approaches being adopted. Owing to their lightw...

What would be the regional demand for automotive piston during the forecast years?

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The global Automotive Piston Market size is projected to grow to USD 2.2 billion by 2025 from USD 1.9 billion in 2020, at a CAGR of 3.5%. Demand for high-pressure GDI pistons, lightweight piston components, and passenger car gasoline engines would drive the global automotive piston industry.   With the engine downsizing and turbocharging, the popularity of gasoline direct injection (GDI) is increasing. GDI is being considered as one of the key components for fulfilling future emission standards. Therefore, with GDI becoming popular, the demand for high-pressure GDI pistons is expected in the automotive piston market. Globally the automotive industry is driven by legislation to reduce emissions & increase fuel efficiency. With decreased limits of pollutants in upcoming emission regulations, OEMs are working on vehicle light-weighting. In this regard, a shift from iron engine blocks to aluminum engine blocks is one of the approaches being adopted. Owing to their...