Global Automotive Piston Market
Automotive Piston Market Size And Forecast
According to Verified Market Research, the Global Automotive Piston Market was valued at USD 8.70 Billion in 2018 and is projected to reach USD 13.06 Billion by 2026, growing at a CAGR of 5.18% from 2019 to 2026.
Global Automotive Piston Market Outlook
The Automotive Piston Market is experiencing significant growth owing to the increasing demand for vehicle production. In addition, the growing demand for the lightly weighted piston is another factor propelling market growth. Moreover, the increasing technological advancement in the piston system such as the introduction of the cooling channel in the automotive piston is another factor imposing a positive outlook on the market. However, the growing penetration of electric vehicles is expected to hamper the market growth.
Global Automotive Piston Market Competitive Landscape
The Global Automotive Piston Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as KSPG AG, Aisin-Seiki Co. Ltd., Capricorn Automotive, Mahle Gmbh, Hitachi Automotive Systems, Federal-Mogul, Indian Piston Limited, Shriram Piston and Rings, Arias Piston, and Ross Racing Piston.
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