According to a market report by Lucintel, the future of the automotive piston system market looks promising with opportunities in the passenger cars, and light commercial vehicle markets. The piston system market is expected to grow with a CAGR of 6% from 2019 to 2024. The major drivers for this market are growing trend of engine downsizing, increasing vehicle production, and high demand for lightweight pistons.
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Within the automotive piston system market, passenger cars and light commercial vehicles are the major end use industries. Passenger car is the largest end use segment for automotive piston system.
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Asia Pacific will remain the largest region over the forecast period due to growth in vehicle production and government mandates regarding the active, passive safety of vehicles, increasing investment in infrastructure, construction activities, and increasing vehicle sales are projected to drive the growth in this region.
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Aisin Seiki, Bosch, ZF Friedrichshafen, BorgWarner, JTEKT, Continental, Schaeffer, Wabco, GKN, and FTE Automotive are among the major manufacturers of piston system.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the automotive piston system market by piston type, by material, by coating, by end use, and by region. Lucintel has prepared a comprehensive research report titled “Automotive Piston System Market 2019-2024: Trends, Forecast, and Opportunity Analysis“. This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the automotive piston system market by piston type, by material, by coating, by end use, and by region as follows:
By Piston Type [$M shipment analysis for 2013 – 2024]
By Material [$M shipment analysis for 2013 – 2024]
By Coating [$M shipment analysis for 2013 – 2024]
- Thermal Barrier
- Oil Shedding
- Dry Film Lubricating
By End Use [$M shipment analysis for 2013 – 2024]
- Passenger Car
- Small cars
- Compact cars
- Mid-Sized cars
- Luxury cars
- SUVs & Crossovers
- Light Commercial Vehicle
- Heavy Commercial Vehicles
By Region [$M shipment analysis for 2013 – 2024]
- North America
- United Kingdom
- Asia Pacific
- South Korea
- The Rest of the World
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This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-piston-system-market.aspx or firstname.lastname@example.org.
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global piston system market by piston type (trunk, crosshead, slipper, deflector), by material (steel, and aluminum), by coating (thermal barrier, oil shedding, dry film lubricating, and others), by end use (small car, compact car, mid-size car, large car, suvs & crossovers, light commercial vehicles, and heavy commercial vehicles), and by region (North America, Europe, Asia Pacific, Rest of the World )?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global automotive piston system market?
Q.5 What are the business risks and threats to the global automotive piston system market?
Q.6 what are emerging trends in this automotive piston system market and the reasons behind them?
Q.7 What are some changing demands of customers in the global automotive piston system market?
Q.8 What are the new developments in the global automotive piston system market? Which companies are leading these developments?
Q.9 Who are the major players in this automotive piston system market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this automotive piston system area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this automotive piston system market?
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