Automotive Piston Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Technavio has been monitoring the automotive piston market and it is expected to grow by 75.80 mn units, accelerating at a CAGR of almost 4% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Automotive Piston Market: Key Trends to impact market growth

The Development of autonomous vehicles is one of the key automotive piston market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Automotive Piston Market: Top Drivers to Boost Demand

The Increase in demand for forged pistons is one of the primary factors driving the growth of the automotive piston market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business

Vendor Analysis: Aisin Seiki Co. Ltd., Amalgamations Group and Cosworth Group Holdings Ltd. are key growth contributors

The market is concentrated. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Aisin Seiki Co. Ltd., Amalgamations Group, Cosworth Group Holdings Ltd., Hitachi Ltd., MAHLE GmbH, Menon Pistons Ltd., Rheinmetall AG, Tenneco Inc., Wossner GmbH, and ZENITH TROOP INDUSTRIAL Co. Ltd. are some of the major market participants.

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Automotive Piston Market: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive automotive piston market growth during the next five years
• Precise estimation of the automotive piston market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive piston market industry across APAC, Europe, North America, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automotive piston market vendors

The Global Automotive Piston Market is expected to grow by 75.80 million units, accelerating at a CAGR of almost 4% during the forecast period. Technavio evaluates the market with a detailed investigation into the market forces, emerging trends, and growth drivers. It also provides competitive benchmarking to equip clients with actionable insights that will help them navigate through the current market scenario. Preview our latest report

"The Increase in demand for forged pistons will drive the growth prospects for the Global Automotive Piston Market in the forthcoming years. 62% of the market growth will originate from APAC during the forecast period", says senior research analyst for the Consumer Discretionary Industry at Technavio.

Automotive Piston Market: Application Segment Highlights

• Application Segmentation: Passenger vehicles and Commercial vehicles
• Factors such as the increase in demand for forged pistons, growing demand for SUVs and pick-up trucks, and the increase in the launch of new engines will offer immense growth opportunities. 
• China, Japan, and India are the key markets for automotive pistons in APAC. The development of autonomous vehicles, and the emergence of cylinder deactivation/variable displacement engines will significantly influence automotive piston market growth in this region.

Automotive Piston Market: Competitive Analysis

• The Automotive Piston Market is concentrated due to the presence of several vendors.
• Market vendors focused on market expansion, innovations, and expansion of distribution networks.
• Aisin Seiki Co. Ltd., Amalgamations Group, Cosworth Group Holdings Ltd., Hitachi Ltd., MAHLE GmbH, Menon Pistons Ltd., Rheinmetall AG, Tenneco Inc., Wossner GmbH, and ZENITH TROOP INDUSTRIAL Co. Ltd. are some of the major market participants. Although the growing demand will offer immense growth opportunities, engine downsizing, increasing adoption of EVs, and fluctuating raw material prices are factors that may impede market growth.

Technavio provides custom research reports with detailed insights on the impact of COVID-19 with respect to the industry, region, and supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. Download a Free Sample Report