Piston Market Expected to Reach $5710.27 Million by 2022 with CAGR of 7.78%
Piston -Market Demand, Growth, Opportunities and analysis of Top Key Player Forecast to 2022
New York, NY -- (SBWire) -- 04/27/2017 --Piston Industry
Description
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 high quality product is challenging factor for the market growth.
Some of the key players in the market include
Aisin Seiki Co., Ltd., Honda Foundry Co. Ltd., Mahle Group, Dongsuh Industrial Co., Ltd., Hitachi Ltd. (Hitachi Automotive Systems), Federal-Mogul Corporation, PT Astra Otoparts Tbk, Rheinmetall AG (KSPG AG), Shandong, Binzhou Bohai Piston Co., Ltd., Art Metal Mfg. Co., Ltd., KSPG, Celina Aluminum Precision Technology, Day Piston, Arias Piston and United Engine and Machine.
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Coating types Covered:
- Oil Shedding
- Dry Film Lubricants
- Thermal Barriers
Components Covered:
- Piston Pin
- Piston
- Piston Ring
Material types Covered:
- Aluminum
- Steel
Vehicle types Covered:
- Light commercial vehicles
- Two wheelers
- Heavy commercial vehicles
- Passenger cars
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Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
France
Italy
UK
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
- Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Continued...
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