Global Automotive Piston System Market was Estimated to be at 416,231.8 Thousand Units in 2014

Date: 2015-08-30

“The global automotive piston system market size in terms of volume was estimated to be at 416,231.8 thousand units in 2014 and is projected to grow to at a CAGR of 5.84% from 2014–2019. The automotive piston system market is primarily growing due to increasing vehicle demand. The technological innovations in this market are being pushed by increasing pressure by government authorities to develop piston systems that are lightweight and reduce emissions. 

Based on the scope of this report, the automotive piston system market has been segmented by component (piston, piston ring, and piston pin), by fuel type (gasoline and diesel), by vehicle type (passenger car, LCV, and HCV), and by region (Asia-Oceania, Europe, North America, and RoW). The market for materials and coatings used in piston system is also provided in this report. The materials used in piston system have been segmented into steel and aluminum, whereas the automotive piston coating market is segmented into dry film lubricants, thermal barriers, and oil shedding coating.

The global automotive piston system market is dominated by few major players with other local small/medium players. Few of the key players include Mahle GmbH (Germany), Rheinmetall AG (Germany), Aisin-Seiki Co. Ltd. (Japan), Hitachi Ltd. (Japan), and Federal-Mogul Corporation (U.S.) among others. Major strategies adopted by these key market players include region-wise expansion and new product development.

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