Global Aluminium Piston Market – Industry Trends and Forecast to 2029

Aluminium Piston Market Analysis and Size

An aluminum piston is an important component of all pneumatic cylinders, reciprocating pumps, gas compressors and reciprocating engines. An aluminum piston is the heart of the equipment or vehicle and works as long as it runs. An aluminum piston is used in many vehicles such as heavy commercial vehicles (HCVs), two-wheelers, passenger cars, light commercial vehicles (LCVs) and industrial equipment such as pumps, compressors etc. Therefore, rising automotive production is one of the major factors which are expected to drive the growth of the global aluminum piston market during the forecast period of 2022-2029.

Data Bridge Market Research analyses that the aluminium piston market was valued at USD 3845.20 million in 2021 and is expected to reach USD 4947.17 million by 2029, registering a CAGR of 3.20% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.     

Aluminium Piston Market Scope and Segmentation

Market Definition

Aluminium alloys are the preferred material used to make pistons for both gasoline and diesel engines due to their various characteristics such as low density, high thermal conductivity, simple net-shape fabrication techniques (casting and forging), easy machinability, high reliability and very good recycling characteristics.

Global Aluminium Piston Market Dynamics

Drivers

• Rise in the manufacturing of vehicle

The growing vehicle manufacture is directly proportional to the rising demand for the automotive parts such as aluminium piston, in the market. So, the growing demand for the production of vehicle is estimated to also propel the demand for the aluminium piston due to this it has become a standard in all type of vehicle in the global market which are expected to drive the growth of the aluminium piston market.

• Rise in demand due to their property

Aluminium raw materials are used to manufacture aluminium pistons, ensuring durability, longevity, and high corrosion resistance.  Also, the lightweight aluminum piston helps accelerate automobiles with less energy and creates desirable demand prospects for aluminium pistons in the global market. These factors are projected to drive the growth of the aluminium piston market globally.

Opportunities

• High investment

The consumers which are interested to purchasing the high-end cars, investing a huge amount in maintenance and servicing of these vehicles. Therefore, automatically, increase the demand for the aftermarket parts such as aluminium pistons, etc. at a very healthy rate. These growing activities in the OEM and aftermarket are projected to create the immense opportunities for the growth of the aluminium piston over the forthcoming years in the market globally.

Moreover, increased strategic collaborations and a rise in the number of emerging new markets will also act as market drivers and create beneficial opportunities for the market’s growth rate.

Restraints/ Challenges

• Penetration towards electric vehicle

The major restraint for the aluminium piston market is the penetration of the market towards electric vehicles. The stakeholders of Automobile industry are introducing the new technologies for the engine downsizing in the market. They are decreasing the demand for the aluminium piston so and thus in turn it could act as a major restraint for the growth of the aluminium piston market

This aluminium piston market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the aluminium piston market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Aluminium Piston Market

The sudden outbreak of COVID-19 outbreak has hampered the manufacturing activities in the global automotive sector. Insufficient raw material supply has disturbed the global economies and weakened the production which is leading to a collapse in demand. As the automotive industry is witnessing a higher demand after the slowing down the effect of COVID-19, major manufacturers and OEMs are actively focusing on prototypes of engines and innovations meet the demand of the consumer for fuel-efficient and high-performance automobiles. On the other side, due to the lockdowns, travel bans, and disrupted the supply chain which are negatively impacting the growth of the market.

Global Aluminium Piston Market Scope

The aluminium piston market is segmented on the basis of alloy type, coating type, manufacturing process, vehicle type, fuel type, shape, component, industrial application and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Alloy Type

• Aluminium 2618
• Aluminium 4032

Coating Type

• Dry Film Lubricant
• Thermal Barriers
• Oil Shedding Coatings

Manufacturing Process

• Cast
• Forged

Vehicle Type

• Passenger Cars
• Light Commercial Vehicle (LCV)
• High Commercial Vehicle (HCV))

Fuel Type

• Gasoline
• Diesel
• Alternate Fuel

Shape

• Flat-Top Piston
• Bowl Piston
• Dome Piston

 Component

• Piston Head
• Piston Ring
• Piston Pin

 Industrial Application

• Pumps
• Compressors
• Cylinders

Sales Channel

• OEM (Original Equipment Manufacturer)
• Aftermarket

Aluminium Piston Market Regional Analysis/Insights

The aluminium piston market is analysed and market size insights and trends are provided by country, alloy type, coating type, manufacturing process, vehicle type, fuel type, shape, component, industrial application and sales channel as referenced above.

The countries covered in the aluminium piston market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe, Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.

North America dominates the aluminium piston market in terms of market share. This is due to demand of lightweight product along with increasing number of research and development activities in this region

Asia-pacific will expect the fastest growing region during the forecast period of 2022-2029 due to the growing disposable income and changing lifestyle of the people along with growing priorities towards lightweight vehicles for fuel efficiency.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Aluminium Piston Market Share Analysis

The aluminium piston market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to aluminium piston market.

Some of the major players operating in the aluminium piston market are:

• Federal-Morgul Corporation (U.S.)
• Mahle GmbH (Germany)
• Shriram Pistons & Rings Ltd. (India)
• Aisin Corporation (Japan)
• Rheinmetall AG (Germany)
• Ming Shun Industrial Co., Ltd (China)
• Elgin Industries (U.S.)
• SAMKRG (India)
• PIERBURG, S.A. (Germany)
• Abilities India Pistons & Rings Ltd. (India)
• Paramount Pistonts (india)
• Arias Pistons (U.S.)
• Burgess-Norton (U.S.)
• Ross Racing Pistons (U.S.)

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