The global Automotive Piston market size is expected to reach USD 17411.04 Million by 2030 and exhibit a CAGR of 5.4% in the forecast period (2023−2030), according to Skyquest's latest research report. The increasing adoption of e-commerce and digital platforms, changing consumer lifestyles and preferences, convenience and time-saving benefits, availability of various products, and improved logistics and delivery infrastructure is fueling the market's growth.
Westford, USA, July 31, 2023 (GLOBE NEWSWIRE) -- According to SkyQuest's latest global research of the Automotive Piston market, increased adoption of mobile shopping and apps, growth of omnichannel retailing, the rise of subscription-based models and meal kits, focus on personalized shopping experiences, expansion of Automotive Piston delivery services, integration of AI and machine learning in inventory management and recommendation systems, emphasis on sustainable packaging and eco-friendly practices, the emergence of virtual grocery stores and dark stores, growing popularity of click-and-collect services, are the trends that aid in the market's growth.
Browse in-depth TOC on "Automotive Piston Market"
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Pages - 211
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Tables - 90
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Figures - 76
Automotive piston is a cylindrical component that is used in internal combustion engines to convert pressure into force. It is typically made of aluminium or cast iron and is fitted with piston rings that seal the combustion chamber. The piston moves up and down in the cylinder bore, and the force of its movement is transferred to the crankshaft through the connecting rod.
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Prominent Players in Automotive Piston Market
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Mahle
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Federal-Mogul
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KSPG
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AVL
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Arias
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JE Pistons
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CP Pistons
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Carrillo
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Wiseco
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Ross
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Mahle Motorsport
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Arias USA
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CP-Carrillo
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JEGS Pistons
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Wiseco Performance Products
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Diamond Pistons
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Arias/Wiseco
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Mahle Powertrain
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Ross Racing Pistons
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Aluminum Demand to Grow Substantially in the Forecast Period
Aluminum dominate the global online market as they make an ideal choice for automotive pistons. The use of aluminium pistons reduces the reciprocating mass in the engine, leading to improved fuel efficiency and better overall performance.
Passenger Cars are the Leading Application Segment
In terms of application, the passenger cars are the leading segment as they represent the largest segment in the automotive industry, with a substantial number of vehicles produced and sold globally. The high volume of passenger car sales directly translates to a significant demand for automotive pistons.