The global automotive piston market was valued at $8,68.5 million in 2017 and is expected to reach $1,38.1 million in 2025, with a CAGR of 5% from 2021 to 2027
The demand for pistons is growing exponentially due to the increasing demand for vehicles and their production. Therefore, the demand for pistons is ultimately driven by automobile production. To increase engine efficiency, lightweight pistons are very suitable. Therefore, the need for continuous engine development drives the growth of global markets. In addition, sales of automobiles in various sectors such as four- and two-wheeled vehicles are increasing and are expected to drive the growth of the global automotive piston market. In addition, bicycles in the premium segment of the two-wheeled market prefer dual cylinder engines over conventional single cylinder engines. Therefore, the increase in production of premium segment bicycles is expected to contribute to the growth of the global automotive piston market. In addition, the growing demand for light and mid-size commercial vehicles and passenger vehicles is expected to fuel the growth of the global market. Continuous research and development in the automotive sector to improve engine fuel economy can drive the growth of the global automotive piston market.
A full report of Automotive Piston Market is available at: https://www.orionmarketreports.com/automotive-piston-market/31341/
Automotive Piston Market Segmentations
By Material Type
• Steel
• Aluminum
By Piston Type
• Trunk Piston
• Crosshead Piston
• Slipper Piston
• Deflector Piston
By Piston Coating Type
• Thermal Barrier Coating Piston
• Dry Film Lubricating Coating Piston
• Oil Shedding Coating Piston
By Vehicle Type
• Two-Wheeler
• Passenger Vehicle
• Commercial Vehicle
• Light Commercial Vehicle
• Heavy Commercial Vehicle
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