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Piston Industry report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2022.Market Synopsis:
According to the study presented by Market Research Future (MRFR), the global piston market is set to grow steadily over the forecast period. Pistons are an integral part of the internal combustion engine in automobiles and facilitate the transfer of power within the cylinder and delivery of energy to the crankshaft. The burgeoning automotive sector is leading the expansion of the global piston market and is poised to exhibit a similar trend in the forthcoming years.
The rising demand for vehicles in the fast-developing economies exhibit tremendous potential for the growth of the piston market. In addition, high-end bikes need double engine cylinder with two pistons. The expanding market presence of these high-end bikes with two pistons are projected to favor the expansion of the global market across the review period.
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Segmental Analysis
The segmentation of the piston market is carried out on the basis of material, coating, vehicle type, and region. On the basis of material, the piston market is divided into aluminum and steel. On the basis of Coating, the piston market is segmented into dry film lubricating, oil shedding, thermal barrier and Others. On the basis of Vehicle Type, the market is segmented into light commercial vehicle, passenger cars, and heavy commercial vehicle. By region, the market is segmented into APAC, Europe, North America, and Rest of the world.
Detailed Regional Analysis
The regional analysis of the piston market globally comprises of regions such as Europe, North America, APAC and Rest of the world. The Asia Pacific region is likely to expand with due to an increasing number of vehicles being manufactured in developing nations such as India and China. The development of the piston market in the Asia Pacific region is chiefly attributed to the increasing per capita income of the individuals in the region, which is leading to the implementation of high-end automobiles, therefore growing the usage of pistons. The prevalence of key automobile manufacturers in the region is also adding to the development of the piston market.
Competitive Analysis
The innovation in products and services is the main factor adding to the market's profitability and swaying the trends that gain prominence in the market. The key success factors and competitors’ tendencies are progressively improving by the strategies being used by market players. The market is comparatively well defined in terms of its value and volume. The accessibility to a decent labor force along with resources is adding to the general market growth. The external factors are influencing the market which is contingent on the techniques and the strategic roadmaps that are deployed by market players.
The significant contenders of the piston market globally are Federal-Mogul Corporation (U.S.), Aisin Seiki Co., Ltd. (Japan), MAHLE GmbH (Germany), Arias Pistons Ltd (U.K.), Rheinmetall Automotive AG (Germany), Shandong BinzhouBohai Piston Co., Ltd. (China), Shriram Pistons and Rings Ltd. (India), Ming Shun Industrial Co. Ltd (Taiwan), Burgess-Norton Mfg. Co., Inc. (U.S.), Ross Racing Pistons (U.S.) and others
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LIST OF TABLES
TABLE 1 GLOBAL PISTON MARKET, BY MATERIAL
TABLE 2 GLOBAL PISTON MARKET, BY COATING
TABLE 3 GLOBAL PISTON MARKET, BY VEHICLE TYPE
TABLE 4 GLOBAL PISTON MARKET, BY REGIONS
TABLE 5 NORTH AMERICA PISTON MARKET, BY MATERIAL
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LIST OF FIGURES
FIGURE 1 RESEARCH COATING
FIGURE 2 GLOBAL PISTON MARKET: BY MATERIAL
FIGURE 3 GLOBAL PISTON MARKET: BY COATING
FIGURE 4 GLOBAL PISTON MARKET: BY VEHICLE TYPE
FIGURE 5 GLOBAL PISTON MARKET: BY REGION
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Release ID: 88913928
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