Global automotive cylinder liner market is expected to flourish at a significant CAGR of 4.2% during the forecast period. Moreover, the global automotive cylinder liner market is expected to garner USD 5,761.25 Million by the end of 2027.
The global automotive cylinder liner market is segmented into material type such as stainless steel cylinder liner, cast iron cylinder liner, titanium alloy cylinder liner, aluminum alloy cylinder liner and other. Among these segments, titanium alloy cylinder liner segment is expected to occupy top position in overall automotive cylinder liner market during the forecast period. Moreover, factor such as growing automotive production, increasing number of heavy trucks and growing demand for construction equipment are driving the market for automotive cylinder liners. Nowadays, many manufacturers are replacing cast iron with aluminum alloys and other material such as steel and titanium alloys for lighter engines in order to gain better fuel efficiency. This factor is anticipated to intensify the growth of the automotive cylinder liner market in the years ahead.
Europe automotive cylinder liner market is projected to hold a significant market share in terms of value in the global automotive cylinder liner market over the forecast period, exhibiting a CAGR of 2.1% over the forecast period. North America automotive cylinder liner market is anticipated to showcase significant growth during the forecast period. Moreover, Latin America is anticipated to grow at modest CAGR during the forecast period. Further, positive heavy vehicle and gasoline vehicle growth coupled with growing automotive market in the region is anticipated to drive the growth of the automotive cylinder liner market in Latin America.
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Cylinder Liner Automotive Engines
Increasing automotive production is the major growth driver of global automotive cylinder liner market. Further, automotive production is expected to increase on the account of rising demand. This factor is envisioned to bolster the growth of automotive cylinder liner market.
Automotive Aftermarket Cylinder Liner Industry Reflects Significant Opportunities
Rapid growth in automotive vehicle size on the road is creating noteworthy after market prospects for automotive cylinder liner market. On the other hand, the heavy duty automotive cylinder liner segment is estimated to display a substantial growth rate throughout the forecast period owing to factors like increasing demand for heavy trucks and light commercial vehicle.
High cost of premium automotive cylinder liner can dampen the market of automotive cylinder liner. Moreover, rapid change in technology of heavy vehicle and luxurious car may diminish the demand for cylinder liner.
The report titled “Automotive Cylinder liner Market Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global automotive cylinder liner market in terms of market segmentation by material type, by vehicle type, by cylinder line type, by cylinder liner type, by sales channel, by applications and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
This report also provides the existing competitive scenario of some of the key players of the global automotive engine bearings market which includes company profiling of Mahle GmbH, Federal-Mogul LLC, GKN PLC, Westwood Cylinder Liners, Nippon Piston Rings Co. Ltd., TPR Co. Ltd., ZYNP Corporation, Liners India Limited, Melling Cylinder Sleeves, Cooper Corp, Dart on International, Inc., India Pistons Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global automotive engine bearings market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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