Piston Market Expected to Reach $5710.27 Million by 2022 with CAGR of 7.78%
According to Stratistics MRC, the Global Piston market is estimated at $3380.05 million in 2015 and is expected to reach $5710.27 million by 2022 growing at a CAGR of 7.78% from 2015 to 2022. Need for light weight piston owing to increase in fuel prices and disposable incomes, rise in automobile industry are the factors fueling the market growth. Whereas factors like consumer shift towards electric vehicles is hampering the market. On the other hand manufacturing of low cost and...
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