Global Automotive Piston Pins Market segmented by sales channel (OEM and aftermarket), coating type (DLC (Diamond-Like Carbon) Coating, PVD (Physical Vapor Deposition) Coating, dry film lubricants, thermal coating/thermal barrier coating, oil shedding, powder coating and others), material type (Steel, Aluminium and titanium), vehicle type (passenger vehicles, commercial vehicles (light and heavy), two & three wheelers, railway engines, other off road- vehicles (agriculture and construction)), and region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) is expected to reach US$ 14.5 by 2027, at a CAGR of 6.9% during a forecast period.
An automotive piston pin is a tubular piece of metal that moves up and down inside the cylinder of an engine. It generates mechanical energy that provides the essential power to drive the shaft and consequently the wheels of an automobile.
The advances in technologies, such as, improvement in cooling efficiencies in piston technology, are vibrant factors that drive the global automotive piston pins market. Similarly, the use of composites to decrease the weight of piston pins is one of the significant factors in creating opportunities for the automotive piston pins market globally. The market growth is also predictable to be benefitted from the repair and replacement of automotive piston pins in the aftermarket segment.
Aluminium segment is dominating the global automotive piston pins market.
Aluminium pistons are lighter in low cost, weight, and acceptable strength. Maximum automotive engines usage aluminium pistons that move in an iron cylinder. Aluminium enlarges more than iron at this temperature range, so for the piston to fit the cylinder properly when at a normal operating temperature, the piston must have a loose fit when cold.
The Asia Pacific has the largest market share for global automotive piston pins market during the forecast period.
The Asia-Pacific is estimated to be the largest automotive piston pins market owing to the fact that it is the dominating region in automotive industry as piston is an integral part of automotive industry. China and India are the major contributors in Asia-Pacific region. China grabbed the largest revenue share in automotive piston pins market in the APAC region. Though, drag racing and endurance racing vehicles require high-performance components that reduce the reciprocating weight and provide zero RPM and horsepower lag. This essential has led to the development of piston pins made of titanium, which are lightweight and structurally stable.
Key players operating in global automotive piston pins market, Aisin Seiki Co.Ltd, Federal-Mogul Motorparts LLC, Rheinmetall Automotive AG, MAHLE GmbH Stuttgart, Shandong Binzhou Bohai Piston Co., Ltd, Burgess-Norton, Ming Shun Industrial Co., Ltd, Ross Racing Pistons, Shriram Pistons & Rings Ltd, Elgin Industries, JE Pistons, and others.
Maximize market research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the global automotive piston pins market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global automotive piston pins market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global automotive piston pins market positioning of competitors.
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