08 Mar 2021
The Automotive piston system is mainly based on the piston which is an essential part of combustion engine of a vehicle and its demand is directly proportional to the demand of automobiles. The piston is used to transfer the force that is created from compressed gas in the cylinder to the crankshaft which in turn powers the vehicle to move. It is situated in the cylinder and moves according to the force of compressed gas and this gas is created in the cylinder due to ignition of fuel. It consists of piston ring which restricts the leakage of gas. It is one of the main components which works in an engine to produce power for the vehicle to move.
The increasing demand of lightweight pistons in automobile sector is the key driving factor of Automotive Piston Market.
Automotive Piston System Market is valued at USD 11,833.17 Million in 2017 and expected to reach USD 16,561.86 Million by 2024 with the CAGR of 4.92% over the forecast period.
Rheinmetall AG established in 1889 and headquartered at Rheinmetall Platz 1, Duesseldorf, North Rhine-Westphalia, Germany. Specialties in Technologien, umweltschonende Mobilität, bedrohungsgerechte Sicherheitstechnik, Automotive, Defence, Weapon and Ammunition, Electronic Solutions, Vehicle Systems, Actuators, Sensors, Trade, and Materials. Rheinmetall had nearly 25767 employees and had revenue of $7 Billion.
MAHLE GmbH is a German automotive parts manufacturer Company established in 1920 and headquartered at Stuttgart, Baden-Wuerttemberg, 70376, Germany. Specialties in Design and manufacturing of automotive engine components, Filtration and Engine Peripherals, Engine Systems and Components, Valve train, Thermalmanagement, Liquid management systems, Air management, Motorsports and Special Engines, Mechatronics, Front-end Modules, Motors for electric power steering, Electric drive systems, Electric actuators, Battery cooling, Oil management, Fuel management, and Aftermarket. MAHLE had nearly 79000 Employees and had revenue of $14 Billion.
Federal-Mogul Powertrain was acquired by Tenneco.
Federal-Mogul Corporation established in 1899 and headquartered at Melville, New York, 11747, United States. Specialties in Power Cylinder Components, Thermal and Abrasion Protective Sleeves, Valvetrain Components, Engine Bearings, Engine Seals and Gaskets, and Vehicle and Industrial Ignition.
Hitachi, Ltd. is a Japanese multinational conglomerate Company established in 1910 and headquartered at Marunouchi 1-chome, Chiyoda-ku, Tokyo, Tokyo, Japan. Specialties in Information & Telecommunication Systems, Social Infrastructure & Industrial Systems, Electronic Systems & Equipment, Construction Machinery, High Functional Materials & Components, Automotives Systems, Smart Life & Ecofriendly Systems, Financial Services, and Logistics Service. Hitachi had nearly 301056 Employees and had revenue of $84 Billion.
Celina Aluminum Precision Technology (CAPT) established in 1963 and headquartered at Staeger Rd, Celina, Ohio, 45822, United States. Specialties in manufacturing of Piston, Cylinder Head, Water Passage, Lower Block, Knuckle and others. Celina had nearly 600 Employees and had revenue of $300 Million.
Key highlights of the report:
Product sales patterns
Profit returns amassed by each product segment
Consumption rate of all the products
Market share held by each product type