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The rising demand for vehicles in the fast-developing economies exhibit tremendous potential for the growth of the Auto Piston Industry. In addition, high-end bikes need double engine cylinder with two pistons. The expanding market presence of these high-end bikes with two pistons are projected to favor the expansion of the global market across the review period.
Segmentation:
By material, the global Auto Piston Industry has been segmented into steel and aluminum.
By coating, the Auto Piston Industry has been segmented into thermal barrier, oil shedding, dry film lubricating, others.
By vehicle type, the global Auto Piston Industry has been segmented into passenger cars, light commercial vehicle, heavy commercial vehicle.
Regional Analysis:
The global Auto Piston Industry, by region, has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific is likely to become the fastest growing regional market over the next couple of years. The developing economies such as India and China resonate strong opportunities for growth due to the increasing demand for vehicles. Furthermore, the region has emerged as the manufacturing hub owing to the availability of comparatively cheaper labor force, raw materials, and other facilities. Investments are expected to flow towards the Auto Piston Industry in Asia Pacific by global market players, thus, augmenting the market in the foreseeable future.
Competitive Dashboard:
Some of the key players profiled in the report are Aisin Seiki Co., Ltd. (Japan), Rheinmetall Automotive AG (Germany), MAHLE GmbH (Germany), Arias Pistons Ltd (U.K.), Federal
Industry News:
In May 2018, Federal-Mogul Powertrain, a leading global supplier of engine components, has announced the launch of a new piston ring to be used in commercial vehicle diesel engines. It will be able to enhance gas sealing capability by homogenizing oil film and stabilizing ring dynamic motion.
In September 2018, Freudenberg Sealing Tech, the leading specialist in sealing applications, has come up with plastic pistons for making installation of smaller hydraulic systems feasible and energy-efficient.
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