Lucintel anticipates that Asia Pacific will be the fastest growing region in the automotive piston system market

   September 25, 2019
According to a market report by Lucintel, the future of the automotive piston system market looks promising with opportunities in the passenger cars, and light commercial vehicle markets. The piston system market is expected to grow with a CAGR of 6% from 2019 to 2024. 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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Within the automotive piston system market, passenger cars and light commercial vehicles are the major end use industries. Passenger car is the largest end use segment for automotive piston system.

Asia Pacific will remain the largest region over the forecast period due to growth in vehicle production and government mandates regarding the active, passive safety of vehicles, increasing investment in infrastructure, construction activities, and increasing vehicle sales are projected to drive the growth in this region.

Aisin Seiki, Bosch, ZF Friedrichshafen, BorgWarner, JTEKT, Continental, Schaeffer, Wabco, GKN, and FTE Automotive are among the major manufacturers of piston system.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the automotive piston system market by piston type, by material, by coating, by end use, and by region. Lucintel has prepared a comprehensive research report titled "Automotive Piston System Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the automotive piston system market by piston type, by material, by coating, by end use, and by region as follows:

By Piston Type [$M shipment analysis for 2013 – 2024]

  • Trunk

  • Crosshead

  • Slipper

  • Deflector

By Material [$M shipment analysis for 2013 – 2024]

  • Steel

  • Aluminum

By Coating [$M shipment analysis for 2013 – 2024]

  • Thermal Barrier

  • Oil Shedding

  • Dry Film Lubricating

  • Others

By End Use [$M shipment analysis for 2013 – 2024]

  • Passenger Car

    • Small cars

    • Compact cars

    • Mid-Sized cars

    • Luxury cars

    • SUVs & Crossovers            

  • Light Commercial Vehicle

  • Heavy Commercial Vehicles

By Region [$M shipment analysis for 2013 – 2024]

  • North America

    • US

    • Canada

    • Mexico

  • Europe

    • Germany

    • Russia

    • France

    • United Kingdom

    • Italy

  • Asia Pacific

    • Japan

    • India

    • South Korea

    • Indonesia

    • China

  • The Rest of the World

    • Brazil

    • Turkey

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

About Lucintel

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