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The global automotive piston market size was valued at USD 12.87 billion in 2018 and is projected to grow to USD 16.6 billion by 2032, exhibiting a CAGR of 2% during the forecast period. Europe dominated the automotive piston market, accounting for a 17.4% market share in 2018. This growth is supported by internal combustion engine optimization, emission compliance requirements, vehicle parc expansion, material innovation, and efficiency-driven powertrain engineering investments worldwide.
The automotive piston market forms a critical subsegment within the global automotive powertrain ecosystem, directly influencing engine efficiency, durability, and emissions performance. Pistons remain essential components across gasoline, diesel, and hybrid internal combustion engines, despite broader electrification trends. Market size dynamics are therefore closely tied to global vehicle production volumes, internal combustion engine optimization cycles, and aftermarket replacement demand.
Original equipment manufacturers represent the primary demand base, driven by continuous engine redesign programs aimed at improving thermal efficiency and meeting tightening emission standards. Automotive pistons increasingly serve multifunctional roles, balancing combustion pressure resistance, thermal management, and friction reduction. As a result, engineering priorities have shifted from basic mechanical durability toward precision manufacturing, lightweight materials, and advanced surface treatments.
Aftermarket demand provides structural stability to the automotive piston market share, supported by the long operational life of internal combustion vehicles in both developed and emerging economies. Fleet aging trends, especially in commercial vehicles, sustain replacement cycles even as electrified vehicle adoption accelerates. This dynamic moderates volatility and reinforces predictable market growth patterns.
Institutional buyers assess automotive piston suppliers based on manufacturing consistency, metallurgical expertise, and integration with broader engine system requirements. Total cost of ownership, compliance reliability, and supply chain resilience increasingly influence sourcing decisions. Tier-one engine component suppliers maintain long-term contracts with vehicle manufacturers, reinforcing stable competitive positioning.
From a technology perspective, aluminum alloy pistons dominate volume demand due to favorable weight-to-strength ratios, while steel pistons gain traction in high-load diesel and downsized turbocharged engines. Coating technologies enhance wear resistance and thermal performance, aligning with efficiency-driven engine architectures.
Regionally, Asia-Pacific anchors production volume, while Europe and North America emphasize regulatory compliance and efficiency optimization. Overall, the automotive piston market growth trajectory remains disciplined, shaped by engineering evolution rather than rapid disruption, and anchored in the enduring role of internal combustion powertrains within global mobility systems.
The piston is the most vital component in the internal combustion engine of any vehicle. The piston system comprises the piston, piston rings, and piston pins. The piston consists of a cylinder that slides back and forth due to the force developed by the gases during the combustion process. A mixture of air and fuel is injected inside the piston, and the fuel is ignited with a spark plug. This creates pressure, which pushes the piston downward and propels the crankshaft that, in turn, drives the wheels of the vehicle. The diesel engine piston consists of more piston rings than the gasoline engine piston, as there is a high compression ratio. The pistons are mostly made of alloys to sustain the high temperatures. Globally, the rising number of vehicles is ultimately propelling the automotive piston market growth.
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Lightweight Automotive Piston to Accelerate Market Growth
The most significant challenge of the automotive industry is to improve the engine performance of the vehicle. This objective can be achieved by reducing the overall size and weight of all the components in the engine. The piston is one of the most vital and integral components of the engine, which reciprocates within the engine to attain motion. Nowadays, aluminum alloys are gaining popularity owing to their beneficial characteristics such as lightweight, maximum corrosion resistance, greater strength, high durability, and enhanced operating capacity at high temperatures. Therefore, using cast aluminum alloy to make pistons will ensure high efficiency in reciprocating motion, which will set the automotive piston market trends.
Thus, the increasing inclination of automakers towards lightweight automobile engines is estimated to drive the growth of the market. The automotive manufacturing companies are investing a high percentage of their finances in research for developing new technologies in automobile engines to enhance fuel efficiency and overall performance of vehicles.
A key trend shaping the automotive piston industry is the shift toward lightweight and high-strength materials. Aluminum alloys remain dominant, but steel pistons gain adoption in high-pressure diesel and turbocharged gasoline engines due to superior fatigue resistance and thermal stability. This material diversification reflects evolving engine architectures.
Advanced coating technologies represent another significant trend. Oil shedding, dry film lubricating, and thermal barrier coatings reduce friction, improve heat management, and extend service life. These coatings support compliance with fuel efficiency and emission standards without major engine redesigns.
Design optimization trends emphasize reduced piston height, thinner ring lands, and integrated cooling galleries. These features lower reciprocating mass and improve combustion efficiency. Computer-aided engineering and simulation tools increasingly guide piston development, shortening design cycles.
Manufacturing automation continues to expand. Precision forging, CNC machining, and in-line inspection systems improve dimensional consistency and reduce defect rates. Automation also supports cost control amid rising labor expenses.
Aftermarket specialization is also emerging. Suppliers increasingly differentiate products based on vehicle age, duty cycle, and performance requirements. Overall, automotive piston market trends reflect incremental innovation focused on efficiency, durability, and regulatory alignment rather than disruptive transformation.
Rising Demand for High-Performance Vehicles in Developing Countries to Drive Market Growth
High-performance vehicles consist of more pistons than average performance vehicles. Rising demand for high-performance vehicles in developing countries such as India and China is likely to boost the demand for automotive pistons. Also, owing to increasing urbanization, changing demographics, improving the standard of living, and rising spending capacity of people, is leading to the growth of vehicle sales across the globe. The surge in the demand for high-performance vehicles in the developed countries is also driving the market revenue. Increasing inclination towards comfort, safety, and convenience is propelling the demand for high-performance vehicles coupled with a larger number of pistons. Moreover, the young population is also inclined towards high speed, luxury, and comfort.
Increasing Production and Sales of Automobiles Across the Globe are Anticipated to Drive the Market’s Growth
Globally, increasing urbanization, expansion of industrialization, developing road infrastructures, and improvement in the standard of living are the foremost factors that are leading the growth of the automotive industry. The rise in disposable income is propelling the automotive market. The trend toward low-emission and fuel-economy vehicles is ultimately boosting the automotive piston market outlook.
The primary driver of the automotive piston market is the sustained global reliance on internal combustion engines across passenger and commercial vehicle fleets. Despite electrification momentum, internal combustion powertrains continue to dominate vehicle parc volumes, particularly in cost-sensitive and emerging markets. This ensures a stable baseline demand for pistons across original equipment and aftermarket channels.
Regulatory pressure also reinforces demand. Stricter emission and fuel efficiency standards compel engine manufacturers to redesign combustion systems, increasing the need for advanced piston geometries, tighter tolerances, and improved thermal performance. Pistons play a direct role in reducing friction losses, optimizing combustion efficiency, and managing higher cylinder pressures in downsized engines.
Hybrid vehicle architectures further support market growth. Hybrid powertrains still rely on internal combustion engines, often operating under more demanding duty cycles. This increases requirements for durability, lightweight construction, and precision balancing, supporting higher-value piston designs.
Growth in commercial vehicle production adds another demand layer. Freight movement, infrastructure development, and logistics expansion sustain heavy-duty engine output. These engines require robust pistons capable of withstanding prolonged high-load operation.
The global vehicle aftermarket supports recurring demand. Aging vehicle fleets, extended ownership cycles, and maintenance-driven replacement needs stabilize automotive piston market growth, even during production slowdowns
Increasing Adoption of Electric Vehicles is likely to hamper the Growth of the Piston Market.
The global automotive industry is experiencing a shift from conventional fuel vehicles to electric vehicles. Increasing emissions caused by vehicles are leading to air pollution and the global warming crisis. The prominent automotive manufacturing companies are inclining more towards sustainable sources of energy.
The manufacturers are spending heavily on research to develop vehicles with advanced technologies and are adopting electric energy in vehicles. Increasing the inclination of people towards zero-emission vehicles may adversely affect the market prospects. The emerging electric vehicle market will hamper the growth of the market, as electric vehicles do not have a piston engine.
The automotive piston market faces structural restraints linked to the gradual transition toward electrified powertrains. Battery electric vehicles do not require pistons, creating long-term demand displacement in select passenger vehicle segments. This transition introduces uncertainty into long-range volume planning for piston manufacturers.
Volatility in raw material pricing presents another constraint. Aluminum alloys and specialty steels represent major cost inputs. Price fluctuations affect margin stability and complicate supplier pricing strategies, particularly for long-term original equipment manufacturer contracts with limited cost pass-through flexibility.
Manufacturing complexity also restrains scalability. Advanced piston designs require high-precision machining, metallurgical consistency, and rigorous quality control. Smaller suppliers may struggle to invest in automation, process optimization, and testing infrastructure, limiting competitive participation.
Regulatory compliance costs further influence market dynamics. Emission regulations drive frequent engine redesigns, shortening product lifecycles and increasing development expenses. Suppliers must continuously invest in engineering support and validation, raising operational overhead. Additionally, supply chain disruptions pose risks. Automotive pistons depend on tightly coordinated global supply networks. Disruptions related to logistics constraints, trade policies, or geopolitical tensions can delay production schedules and increase inventory carrying costs, moderating overall market momentum.
Several opportunities support sustained value creation in the automotive piston market. Hybrid vehicle expansion offers a meaningful growth avenue. Hybrids require highly efficient, durable pistons due to frequent engine start-stop cycles and variable operating conditions. This supports demand for premium designs and coatings.
Emerging markets present another opportunity. Rising vehicle ownership, infrastructure development, and expanding commercial transport fleets drive internal combustion engine production. Localized manufacturing and regional supply partnerships enable suppliers to capture volume growth while managing logistics costs.
Aftermarket premiumization represents additional upside. As vehicle owners retain cars longer, demand increases for high-quality replacement pistons offering extended service life and performance benefits. Branded aftermarket offerings and differentiated specifications can improve margins.
Technological collaboration creates further opportunity. Partnerships between piston manufacturers, engine designers, and coating specialists accelerate innovation while reducing development risk. Such collaboration aligns component design with evolving combustion strategies.
Sustainability-focused innovation opens new pathways. Lightweight designs and efficiency-enhancing coatings help reduce fuel consumption and emissions. Suppliers that align piston development with environmental objectives strengthen positioning as regulations tighten. Collectively, these opportunities reinforce disciplined automotive piston market growth anchored in engineering relevance and global vehicle demand.
The automotive piston market is fundamentally structured around three core component categories: pistons, piston rings, and piston pins. Each component performs a distinct mechanical function while contributing collectively to combustion efficiency, durability, and engine reliability. Demand dynamics across these components vary based on engine design complexity, operating conditions, and vehicle application.
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Piston Segment to Dominate the Market
Based on component type, the market is segmented into the piston, piston rings, and piston pins.
The piston segment has a high penetration in the market owing to the high volume of vehicles across the globe. The piston segment has a Share of 83.54%. The piston is considered the most significant component in the combustion engine of a vehicle. The rising trend of lightweight and fuel-efficient vehicles is compelling the automotive manufacturing companies to invest heavily in research to find new technologies to reduce the weight of the vehicle, as well as increase the performance of the vehicle at the same time.
Pistons represent the largest value-generating component within the market. They directly withstand combustion pressure, thermal stress, and mechanical loads. Original equipment manufacturers increasingly specify application-specific piston designs, reflecting differences in cylinder pressure, bore size, and fuel type. Lightweight aluminum pistons dominate passenger vehicle applications due to favorable strength-to-weight ratios. Steel pistons gain adoption in high-output diesel and turbocharged engines where durability requirements are more demanding. Value creation within the piston segment increasingly stems from design optimization, material engineering, and coating integration rather than pure volume expansion.
Casting aluminum alloys are gaining popularity in the piston market owing to their lightweight and capacity to withstand high temperatures. Moreover, the surge in the demand for pistons is directly coupled with increasing automobile production. Continuous development in the automotive industry is creating demand for lightweight and highly durable pistons, thus leading to the growth of this market across the globe.
Piston rings form a critical supporting segment. These components ensure effective sealing between the piston and cylinder wall, controlling oil consumption and maintaining compression integrity. Demand for piston rings closely tracks piston production volumes but exhibits a higher replacement frequency within the aftermarket. Advancements in ring geometry, surface finishing, and wear-resistant coatings support compliance with emission standards and engine longevity targets. Although lower in unit value than pistons, piston rings generate stable recurring revenue due to maintenance-driven replacement cycles.
Piston pins represent the smallest segment by revenue but remain essential to engine operation. These components connect the piston to the connecting rod and must balance strength with minimal weight. Demand growth is incremental, driven by engine downsizing trends and higher rotational speeds. Precision manufacturing and surface hardening technologies support differentiation in this segment. Overall, component segmentation highlights a market where value concentrates in performance-driven piston innovation, supported by stable demand for rings and pins.
Coating technologies play a central role in modern piston system performance. The automotive piston market increasingly differentiates products based on coating functionality, particularly as emission regulations tighten and engine efficiency requirements rise. Three primary coating types dominate market adoption: oil shedding coatings, dry film lubricating coatings, and thermal barrier coatings.
Thermal Barrier Coating (TBC) to Hold the Largest Market Share
Based on the coating type, the market is segmented into oil shedding, dry film lubrication, and thermal barrier.
Oil-shedding coatings are widely applied to piston skirts. Their primary function is to reduce oil adhesion and minimize friction between the piston and cylinder wall. These coatings improve fuel efficiency and reduce wear during cold starts, a critical operating condition for modern engines. Adoption is strongest in passenger vehicles and light commercial vehicles, where fuel economy standards are stringent. Oil shedding coatings also contribute to extended engine life, supporting aftermarket demand.
Dry film lubricating coatings represent a higher-performance segment. These coatings provide solid lubrication under boundary lubrication conditions, reducing friction during engine start-up and transient load changes. They are particularly valuable in engines with frequent stop-start operation, including hybrid powertrains. Dry film coatings improve scuff resistance and noise reduction, enhancing overall engine refinement. As hybrid vehicle penetration increases, demand for dry film lubricating coatings grows correspondingly.
The thermal barrier coating is widely used for coating pistons and other components of the engine. The thermal barriers are ceramic coatings that reduce the migration of heat by reflecting it rather than absorbing it. Thermal barrier coatings address heat management challenges in high-performance engines. Applied primarily to piston crowns, these coatings reduce heat transfer to the piston body, allowing higher combustion temperatures without compromising structural integrity. Thermal barrier coatings are most common in diesel engines, performance vehicles, and heavy-duty commercial applications. Although representing a smaller share of total volume, they command premium pricing due to specialized materials and processing requirements. Collectively, coating segmentation reflects a shift toward functional value creation driven by efficiency, durability, and regulatory compliance.
The energy produced in the internal combustion engine is partially lost due to friction, exhaust, and cooling the engine components, etc. To make total use of energy, the loss of energy should be reduced. One of the best ways of reducing energy loss is to use thermal barrier coating on various components such as pistons, chambers, valves, etc. The application of TBC on the piston top helps improve the complete combustion efficiency of the engine. The heat-reflecting property of the thermal barrier coating is expected to create demand in this market.
Vehicle type segmentation provides critical insight into demand patterns within the automotive piston market. The market is broadly divided into passenger cars and commercial vehicles, each with distinct performance requirements, production volumes, and lifecycle characteristics.
Commercial Vehicles to Hold the Largest Market Share
In terms of vehicle type, the market is segmented into passenger cars and commercial vehicles.
The commercial vehicle segment holds the largest market share. The application of automotive pistons in commercial vehicles is more common than in passenger cars. In terms of volume, the commercial vehicle segment dominates the market. Also owing to the usage of commercial vehicles for mining, construction, logistics, and transportation, this market is expected to show significant growth during the forecast period. Furthermore, various initiatives taken by governments to promote the sale of automotive vehicles are also propelling the growth of the market.
This category includes light commercial vehicles, medium-duty trucks, and heavy-duty trucks. Engines in commercial vehicles operate under sustained high-load conditions, placing greater emphasis on durability, thermal resistance, and long service life. Steel pistons and advanced thermal barrier coatings see higher adoption in this segment. Although production volumes are lower than those of passenger cars, unit values are higher due to performance requirements. Demand for stability is supported by logistics growth, infrastructure investment, and freight transportation needs.
The Passenger Car segment is estimated to reach a value of USD 9.9 million in 2025. High production volumes, diverse engine configurations, and widespread global adoption support this dominance. Pistons for passenger cars prioritize lightweight construction, low friction, and cost efficiency. Gasoline engines represent the majority of demand, although diesel passenger vehicles remain relevant in select regions. Hybrid passenger vehicles add complexity, requiring pistons capable of handling variable operating cycles and frequent engine restarts. Value creation in this segment centers on incremental efficiency gains, material optimization, and scalable manufacturing.
Passenger vehicle aftermarket demand is driven by aging fleets and maintenance cycles, while commercial vehicle aftermarket demand emphasizes reliability and uptime. Overall, vehicle type segmentation underscores a balanced market structure combining high-volume passenger applications with high-value commercial vehicle opportunities.
When analyzed collectively, component type, coating type, and vehicle type segmentation reveal a market defined by layered value creation. Pistons serve as the primary revenue anchor, but coatings and vehicle-specific customization increasingly determine profitability. Suppliers that integrate coating technologies directly into piston design achieve differentiation and pricing leverage.
Passenger car applications emphasize scale, cost control, and regulatory compliance. Suppliers compete on efficiency-enhancing innovations that can be deployed across multiple engine platforms. In contrast, commercial vehicle applications reward durability-focused engineering and long-term performance reliability. These differences shape product development strategies and capital allocation decisions.
Hybrid vehicle growth creates cross-segment opportunities. Hybrids blend passenger vehicle volumes with commercial-grade durability requirements, favoring suppliers capable of delivering high-performance pistons at scale. Coating adoption accelerates in this context, reinforcing the importance of surface engineering expertise.
Geographic variation further influences segmentation outcomes. Emerging markets favor cost-efficient aluminum pistons with basic coatings, while developed markets demand advanced designs aligned with emission standards. This divergence encourages region-specific product portfolios rather than uniform global offerings.
Europe Automotive Piston Market Size, 2018 (USD Billion)
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Asia-Pacific holds the largest share in the market owing to increased production and sales of vehicles in this region. The automotive piston market in Japan is expected to reach an estimated value of USD 1199.76 million in 2025. Countries such as India, China, and Japan are adopting advanced technologies to develop fuel-efficient and lightweight vehicles, leading to the growth of this market in the Asia Pacific. The market in China is expected to grow at a steady CAGR of 2.8. Furthermore, the rise in the disposable income of people and the rising awareness of fuel efficiency among buyers and manufacturers are also fueling the growth of the market in this region.
Asia-Pacific represents the fastest-expanding regional market, supported by high vehicle production volumes and rising motorization. Demand spans cost-efficient pistons for mass-market vehicles and advanced designs for export-oriented manufacturing. Regulatory tightening gradually increases coating adoption. Localized production and scale-driven manufacturing efficiency strengthen the region’s role in global automotive piston supply.
Japan Automotive Piston Market:
Japan emphasizes precision engineering, fuel efficiency, and long-term reliability. Automotive piston demand aligns with advanced gasoline and hybrid powertrains. Lightweight materials and low-friction coatings dominate specifications. Suppliers focus on continuous improvement rather than disruptive redesigns. Stable domestic production and export-oriented manufacturing support consistent demand for high-quality piston systems.
China Automotive Piston Market:
China constitutes the largest production base for automotive pistons globally. High passenger vehicle volumes sustain demand for aluminum pistons, while commercial vehicles support durable steel piston adoption. Emission policy evolution accelerates coating penetration. Local suppliers scale rapidly, while international manufacturers focus on technology transfer and premium segments within the domestic market.
North America is also expected to show exponential growth in the maximum number of commercial vehicles in this region. The automotive piston market in the U.S. is projected to grow significantly, reaching an estimated value of USD 3294.4 million by 2026. The presence of prominent automotive manufacturing companies is contributing to their market expansion in the region. The stringent government norms towards fuel efficiency and the lightweight of vehicles are propelling the market growth.
North America maintains a steady demand for automotive pistons driven by vehicle parc stability and ongoing engine efficiency improvements. Original equipment manufacturers prioritize lightweight pistons and advanced coatings to meet emission standards. Aftermarket demand remains resilient due to long vehicle lifecycles. Commercial vehicle production supports higher-value piston applications, emphasizing durability and thermal resistance across regional manufacturing hubs.
United States Automotive Piston Market:
The United States represents the largest national market in North America, supported by diversified vehicle production and a substantial aftermarket base. Passenger cars dominate volume demand, while pickup trucks and commercial fleets drive premium piston requirements. Engine downsizing and turbocharging trends encourage the adoption of advanced piston designs. Domestic manufacturing capacity and established supply chains reinforce market stability.
Europe is also expected to show steady growth in the piston market owing to slower sales and production in this region. Europe is projected to exhibit a CAGR of 1.3%. Stringent emission regulations in this region are affecting sales of conventional fuel engines.
Europe’s automotive piston market is shaped by stringent emission regulations and advanced powertrain engineering. Demand favors lightweight pistons, precision piston rings, and low-friction coatings. Hybrid and downsized gasoline engines influence product specifications. Regional manufacturers emphasize quality, compliance, and performance optimization. Aftermarket demand benefits from an aging vehicle fleet and extended vehicle ownership cycles.
Germany Automotive Piston Market:
Germany serves as a technology-driven market anchored by premium vehicle manufacturing. Pistons supplied to German original equipment manufacturers require high thermal efficiency, durability, and tight tolerances. Advanced coating adoption is widespread, particularly for turbocharged engines. Research-driven innovation and strong supplier collaboration support value-added piston development aligned with performance and regulatory expectations.
United Kingdom Automotive Piston Market:
The United Kingdom automotive piston market reflects moderate production volumes and a strong aftermarket orientation. Demand centers on passenger vehicles, with growing interest in hybrid-compatible piston systems. Suppliers prioritize cost-effective efficiency improvements and compliance with emission norms. Aftermarket replacement demand supports stable consumption, particularly for aging internal combustion engine vehicle fleets.
Latin America exhibits steady but selective demand driven by domestic vehicle assembly and fleet maintenance needs. Cost sensitivity shapes piston specifications, favoring proven designs with limited coating complexity. Aftermarket demand remains significant due to extended vehicle lifespans. Regional production focuses on affordability and durability rather than advanced performance differentiation.
The Middle East & Africa market remains comparatively smaller, supported mainly by aftermarket demand. Harsh operating conditions increase wear rates, sustaining replacement cycles. Commercial vehicles and utility fleets drive demand for robust piston systems. Limited local manufacturing results in reliance on imports, favoring standardized, durable piston designs.
MAHLE is a leading German automotive parts supplier and international development partner to the prominent players in the automotive industry and a pioneer in future mobility. The company develops intelligent engine components to monitor operating conditions, such as real-time conditions and temperature, to provide a long service life. The continuous development and innovation by MAHLE will help the company to maintain its dominance in the global market.
The automotive piston market is characterized by a mix of established global manufacturers, regional suppliers, and specialized niche players. Competition centers on engineering capability, manufacturing scale, material expertise, and long-term relationships with original equipment manufacturers. Market participants operate within tightly integrated automotive supply chains where consistency, quality assurance, and cost control are decisive factors.
Large multinational suppliers dominate original equipment manufacturer contracts. These companies leverage vertically integrated production, advanced metallurgy, and in-house coating technologies to deliver high-volume, application-specific piston systems. Their competitive strength lies in global manufacturing footprints, localized supply capabilities, and the ability to support multiple vehicle platforms across regions. Long-term development agreements with automakers reinforce switching barriers and stabilize market share.
Mid-sized and regional manufacturers focus on cost-efficient production and aftermarket supply. These players often specialize in standard aluminum pistons, piston rings, and replacement components. Competitive differentiation relies on pricing discipline, rapid delivery, and compatibility with legacy engine designs. In emerging markets, regional suppliers benefit from proximity to assembly plants and localized demand dynamics.
Niche players concentrate on advanced materials, coatings, or performance applications. Their offerings include thermal barrier coatings, dry film lubricants, and pistons designed for high-stress or turbocharged engines. While their volume share remains limited, these companies influence technology adoption trends and frequently collaborate with premium vehicle manufacturers or motorsports programs.
Partnerships and technical collaborations shape competitive positioning. Piston manufacturers increasingly partner with coating specialists, material science firms, and engine developers to accelerate innovation cycles. Joint development initiatives help suppliers meet evolving emission standards and efficiency requirements without bearing full research costs independently.
This automotive piston market report provides a detailed analysis of the market and focuses on key aspects such as leading companies, product types, and leading applications of the product. Besides this, the report offers insights into the market trends and highlights key industry developments. In addition to the factors above, the report encompasses several factors that have contributed to the growth of the market over recent years.
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ATTRIBUTE |
DETAILS |
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Study Period |
2015-2026 |
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Base Year |
2018 |
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Forecast Period |
2019-2026 |
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Historical Period |
2015-2017 |
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Unit |
Value (USD billion) & Volume ( million units) |
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Segmentation |
By Component Type
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By Coating Type
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By Vehicle Type
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By Geography
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Fortune Business Insights says that the market size was USD 12.87 billion in 2018 and is projected to reach USD 15.39 billion by 2026.
In 2018, the market value stood at USD 12.87 billion.
The market is projected to grow at a CAGR of 2% and will exhibit steady growth in the forecast period (2019-2026).
The commercial vehicle type segment is expected to be the leading segment in this market during the forecast period.
Rising demand for high-performance vehicles in developing countries is fueling the demand for automotive pistons.
MAHLE and Garrett Motion are the leading players in the global market.
Asia Pacific dominated the market share in 2018.
Increasing sales and production of automobiles across the globe is expected to drive the adoption of automotive pistons.
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