Automotive Piston System Market worth $4,410.3 Million by 2019


Piston Market by Component (Piston, Piston Ring, Piston Pin), Material type (Steel & Aluminum), Coating type (Dry Film Lubricants, Thermal Barriers, Oil Shedding), and by Region - Industry Trends & Forecast to 2019
In terms of value, the automotive piston system market is estimated to grow at a CAGR of 6.88% from 2014–2019, and is projected to reach upto $4,410.3 Million by 2019.
Automotive piston systems comprise of piston, compression rings, oil rings, and piston pin. Together, these components function together as a system to transfer a force from the expanding gas in the combustion chamber to the crankshaft via connecting rod.The demand for automotive piston system is directly linked to vehicle production, as piston systems are an integral part of an engine. The market for automotive piston system is primarily driven by increasing vehicle demand across the globe. Other factors such as increasing demand for lightweight piston systems are driving the demand for the aluminum pistons.

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The regions covered in the report include Asia-Oceania, Europe, North America, and rest of the world (RoW); alongside key countries of these regions. With regard to the components of a piston system, the market is segmented into piston, piston rings, and piston pin. The automotive piston system market is also segmented by vehicle as well as fuel type. The report also covers automotive pistion system material market that is segmented into aluminum and steel. The automotive piston coating market includes dry film lubricants, thermal barriers, and oil shedding coating. The report covers the market by manufacturing processes such as casting and forging as well as for two wheelers by the material type.
The Asia-Oceania region has emerged as a substantial market for the automotive piston system industry. Piston system manufacturers such as Mahle GmbH (Germany), Aisin-Seiki Co. Ltd. (Japan), Hitachi Ltd. (Japan), and Rheinmetall AG (Germany) among others have their presence in this region. In 2014, the Asia-Oceania region was estimated to account for around 50% of the global piston system market share, in terms of volume.
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As of 2014, the automotive piston coating market size, in terms of volume (metric tons), was mainly dominated by dry film lubricants. It is projected to grow rapidly at a CAGR of 6.47%, reaching a market size of 623.9 metric tons by 2019. The global automotive piston coating market by volume (metric tons) is expected to grow at a CAGR of 6.52% for the study period.

Automotive Piston Market Key Segments-

Automotive Piston Material Market, By Type –
• Introduction
• Steel
• Aluminum

Automotive Piston Coating Market, By Type
• Introduction
• Thermal Barrier Piston Coating
• Dry Film Lubricant Piston Coating
• Oil Shedding Piston Coating

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The automotive piston system is contained in the cylinder of an engine and functions by transferring pressure exerted by the combustion gases to the crankshaft using a connecting rod. This piston system has been categorized into steel and aluminum piston systems.
Aluminum is widely accepted material for the manufacturing of automotive piston systems at a global level. Though the aluminum piston systems are lighter in weight; steel piston systems are the choice of material when dealing with high levels of stress. In this research study, global automotive piston system market has been classified into following major segments: by region (Asia-Oceania, North America, Europe, and RoW), by component type (piston, piston ring, piston pin), by fuel type (gasoline and diesel), by vehicle type (passenger car, LCV, and HCV), automotive piston coating market (dry film lubricants, thermal barriers, and oil shedding coating), by manufacturing process (casting & forging), market for two-wheelers and automotive piston system material market (aluminum and steel).
The global market by value for automotive piston system is estimated to grow at a promising CAGR of 6.88% from 2014–2019 reaching upto $4,410.3 Million by 2019. The market for automotive piston system is primarily propelled by increasing vehicle production and the rising demand for lightweight pistons, resulting in efficient working of the engine. However, increasing trend for reduction in number of cylinders in an IC engine and shifting focus towards electric vehicles has been identified as a restraint for the market.


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