GLOBAL AUTOMOTIVE PISTON MARKET
The need for higher power in the cars, has constantly led to development of pistons in a vehicle. This is because piston plays an important role in boosting the engine power by increasing the piston size and shape. However, over the years stricter emission norms have led to downsizing the engine and expecting higher power in smaller engines. These challenges have led to incorporating turbochargers and superchargers to the vehicle. With the automobile sector leaning towards BEVs and PHEVs, it is fair to say that piston market may witness slight descend in growth.
- Chinese OEMs
- General Motors
By Material Used
- Cast Iron
- Aluminium Alloy
By Vehicles used
- Passenger Vehicle
- Commercial Vehicle
Among passenger vehicles there has been a continuous demand on downsizing the engine, to reduce the emissions. Piston manufacturers have continuously developed the piston to counter this.
There has been an increased demand for the steel pistons. After commercial and racing vehicles, steel pistons have been incorporated in the passenger vehicles segment as well. The steel pistons are considered because of their high performance and significant reduction of CO2 emissions. Steel pistons also are known for lower thermal conductivity and low thermal expansion. This will help to boost the steel pistons market on large scale.
US AUTOMOTIVE PISTON MARKET
US account for pre-dominantly petrol engine passenger vehicles and petrol engine piston market in passenger and commercial vehicles segment in these regions have higher penetration. Average engine displacement in US is 3.0L and 6-cylinder engines. These huge engines produce high power and for this piston must have high heat resistant. This helps to grow piston market in US.
CHINA AUTOMOTIVE PISTON MARKET
Similar to US, even China has mostly petrol cars of engine size mostly 1.6-1.7L on average. 4 cylinder engines are quite common. To produce significant power from these comparatively smaller engines high standard pistons are used.
EUROPE AUTOMOTIVE PISTON MARKET
In Europe, where there have been stringent regulations on emissions from the petrol and diesel engine vehicles, new cars releasing with power hiked engines are being brought to halt. The piston market has seen a decline in the European market.
INDIA AUTOMOTIVE PISTON MARKET
India accounts for three wheeler market in the world. It also holds the third largest commercial vehicle market in the world. Due to this piston market in India is one of the largest in the world. India has one of the highest tractor markets in the world. All these has constituted to growth in Indian piston market.
INDIA TWO WHEELER PISTON MARKET
India’s two wheeler market is the largest in the world. The two-wheeler sales have proportionately increased the petrol piston penetration in Indian market. With the new BS-VI regulations one might expect piston manufacturers to develop new range of pistons for the customers.
MARKET SIZE AND FORECAST
In US there are hardly 1-2% diesel Passenger vehicles and in China it is almost zero and this has directly resulted in fall of diesel engine piston market.
With most countries reducing diesel powered vehicles, we might expect the piston makers to increase the focus on petrol pistons. Thus helping the growth of petrol piston market alone.
NEW PARTNERSHIPS IN AUTOMOTIVE PISTON MARKET
- Rheinmetall Group has been handed a follow-up contract to supply petrol engine pistons for the 2-litre units for American OEM.
- Tenneco formerly known as Federal- Mogul and Chinese OEM Dongfeng Motor Corporation have set up a joint venture in China. The objective is to manufacture piston for Dongfeng and other Chinese OEMs.
- Rheinmetall Automtotive wins a new order to supply new state-of-the-art pistons for commercial vehicles in North American region.
- Freudenberg Sealing Technologies has developed a new plastic piston which relies on single part sealing technology, saving energy and helps in easy installation. Lighter in weight, these pistons improve fuel efficiency.
- Mahle GmbH develops new thermally insulating pistons. The coatings are intended to reduce the heat entering into pistons and lead to improved efficiency and reduced emissions.
German auto parts manufacturer Rheinmetall Automotive under the name Kolbenschmidt has been the top supplier of pistons to the OEMs. Wossner GmbH is another German part manufacturer in the market. Tenneco US company which acquired Federal Mogul is the largest piston manufacturer in US.
Menon and India Pistons Ltd are the leading piston makers in India region. They supply to some of the leading car and truck manufacturers. SAMKRG piston manufacturers are one of the leading piston makers for two wheelers segment in India.
- Rheinmetall Automotive
- Wossner GmbH
- Menon Piston Ltd
- India Pistons Ltd
- Mahle GmbH
- Omega Pistons Limited
- United Engine & Machine Pistons
- SAMKRG Pistons and Ring Ltd
- Gould Automotive