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Automotive Piston System Market Is Anticipated To Grow At A Cagr Of 6% During 2019 To 2024

The global automotive piston system market is projected to grow at a CAGR of 6% during 2019 to 2024. The growth of automotive piston system market is driven by growing trend of engine downsizing, increasing vehicle production, and high demand for lightweight pistons.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the automotive piston system market by piston type (trunk, crosshead, slipper, deflector), by material (steel, and aluminum), by coating (thermal barrier, oil shedding, dry film lubricating, and others), by end use (passenger car [small car, compact car, mid-size car, large car, suvs & crossovers], light commercial vehicles, and heavy commercial vehicles), and by region (North America, Europe, Asia Pacific, Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the automotive piston system market?
Q.4 What are some changing demands of customers in the automotive piston system market?
Q.5 What are the new developments ...
... in the automotive piston system market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this automotive piston system area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this automotive piston system market?
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Market Segmentation:
Based on end use, the automotive piston system market is segmented into passenger car [small car, compact car, mid-size car, large car, suvs & crossovers], light commercial vehicles, and heavy commercial vehicles. The passenger cars segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period.
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.
Key Players in the automotive piston system market are Aisin Seiki, Bosch, ZF Friedrichshafen, BorgWarner, JTEKT, Continental, Schaeffer, Wabco, GKN, and FTE Automotive.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/automotive-piston-system-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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