New Research: Lucintel Predicts a Bright Future for the Automotive Piston System Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Automotive Piston System Market”?

This market report for automotive piston system identifies and predicts future opportunities for growth in automotive piston system industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for automotive piston system in the passenger cars, and light commercial vehicle markets.

According to Lucintel’s market report, the automotive piston system market is expected to grow with a CAGR of 6% from 2019 to 2024. Some of the dominant players in the automotive piston system market are Aisin Seiki, Bosch, ZF Friedrichshafen, BorgWarner, JTEKT, Continental, Schaeffer, Wabco, GKN, and FTE Automotive, and others.

There are some interesting developments in automotive piston system market as competition heats up and players try to increase their market share. Some of 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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