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Lightweight Aluminium Pistons Market

Market Insights on Lightweight Aluminium Pistons covering sales outlook, demand forecast & up-to-date key trends

Lightweight Aluminium Pistons Market by Alloy Type, Type of Piston Coating, Manufacturing Process, Vehicle Type, Fuel Type & Region - Forecast 2022 - 2032

Lightweight Aluminium Pistons Market Snapshot 2022 - 2032

According to Future Market Insights, the global Lightweight Aluminium Pistons market is expected to be valued at US$ 1,588.24 Mn by 2022 and further projected to expand at a CAGR of 3.7% between 2022 and 2032. Steel was widely used until the light metal aluminum and its alloys were used for lightweight aluminum pistons. Steel pistons are used where high loads are applied, but lightweight aluminum pistons are preferred over steel due to their light weight, ease of mass production, and better combustion heat management.

Market Size 2021A

US$ 1,712.4 Mn

Market Size 2022E

US$ 1,774.8 Mn

Market Size 2032F

US$ 2,551.8 Mn

Value CAGR (2022-2032)

3.7%

Aluminium pistons are an important part of all pneumatic cylinders, piston pumps and gas compressors. Lightweight aluminium pistons are used in many vehicles such as heavy commercial vehicles (HCV), motorcycles, passenger cars, light commercial vehicles (LCV) and industrial equipment. Therefore, increasing automobile production is one of the key factors expected to drive the growth of the global lightweight aluminium piston market during the forecast period 2022-2032.

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Historic Market Outlook for Lightweight Aluminium Pistons

The global lightweight aluminium pistons market was valued at US$ 1,712.4 Mn in 2021 and is expected to reach US$ 2,551.8 Mn by 2032, increasing at a 3.7% CAGR from 2022 to 2032.

The global lightweight aluminium pistons market is expected to grow at a CAGR of 3.7% during the forecast period as steel pistons are considered downgraded because of their low fuel economy also steel is a harder material and do not fit easily into machines, and mass production of steel is limited due to the lack of proper infrastructure. Increasing production of automotive vehicles, market preference for lighter vehicles, and vehicle fuel economy are some of the key areas which drive global demand for lightweight aluminium pistons.

What are the Various Factors Driving the Lightweight Aluminium Pistons Market?

The global market for lightweight aluminium pistons is expanding due to rising automobile sales. Stakeholders in the automotive industry are turning to lightweight vehicles to improve fuel efficiency, resulting in increased market demand for the lightweight aluminium piston market.

Abundant availability of raw materials and mass production facilities for lightweight aluminium pistons is also driving market demand for the global lightweight aluminium piston market. Rising oil prices and growing environmental awareness are driving the automotive industry to invest more in fuel efficiency, driving demand for lightweight aluminium pistons.

Increasing demand for automobiles and increasing sales of automobiles are the major growth drivers of the automotive piston market. The majority of automotive pistons consist of aluminum pistons, which are lighter than steel pistons. The global aluminum lightweight piston market is expected to show a single-digit CAGR over the next decade.

Nikhil Kaitwade
Nikhil Kaitwade
Principal Consultant
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Which Factors May Hinder the Lightweight Aluminium Pistons Market Growth?

The biggest constraint on the lightweight aluminum piston market is the market penetration of electric vehicles. Electric vehicles overcome harmful carbon emissions which result in pollution. Automotive industry players are implementing new technologies for engine downsizing. Advanced technologies such as turbochargers and superchargers are also been used to increase the efficiency of engine without affecting the output power of the vehicle engine. As automotive manufacturers are reducing the number of cylinders to achieve this, it could act as a major constraint on the lightweight aluminum piston market in future.

Which Region hold the prominent share in Lightweight Aluminium Pistons Market?

North America dominates the aluminum piston market in terms of market share. This is due to the demand for lightweight products and increased research and development activities in the region.

In the Asia-Pacific region, China, Japan, and South Korea are gaining the largest share due to the presence of major auto industry players, and are expected to grow significantly in demand. Growing economy, changing lifestyles due to rising disposable income, and preference for lighter weight vehicles due to fuel efficiency are some of the key drivers for the expected growth of the lightweight aluminum piston market in the region.

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Market Competition

Key business players in the lightweight aluminum piston business are focusing mostly on technology development and research and development activities as global automotive aluminum consumption is expected to show significant growth.

The key global players in the lightweight aluminium piston business are Mahle GmbH (Germany), Rheinmetall AG (Germany), Aisin-Seiki Co. Ltd. (Japan), Hitachi Ltd. (Japan), and Federal-Mogul Corporation (U.S.) and others.

Scope of the Report

Attribute

Details

Growth Rate

CAGR of  3.7% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2017-2021

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Million, Volume in 000’Units and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Alloy Type
  • Piston Coating
  • Manufacturing Process
  • Vehicle Type
  • Fuel Type
  • Region

Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa

Key Countries Covered

  • US
  • Canada
  • Mexico
  • Brazil
  • Germany
  • Italy
  • France
  • UK
  • Spain
  • Benelux
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • ASEAN
  • ANZ
  • GCC Countries
  • Turkey
  • South Africa
  • North Africa

Key Companies Profiled

  • Mahle GmbH
  • Rheinmetall AG
  • Aisin-Seiki Co. Ltd.
  • Hitachi Ltd.
  • Federal-Mogul Corporation

Customization & Pricing

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Key Segments Profiled in Lightweight Aluminium Pistons Market

By Alloy Type, Lightweight Aluminium Pistons Market is segmented as:

  • Aluminium 2618
  • Aluminium 4032

By Type of Piston Coating, Lightweight Aluminium Pistons Market is segmented as:

  • Dry Film Lubricant
  • Thermal Barriers
  • Oil Shedding Coatings

By Manufacturing Process, Lightweight Aluminium Pistons Market is segmented as:

  • Cast
  • Forged

By Vehicle Type, Lightweight Aluminium Pistons Market is segmented as:

  • Passenger Cars
  • Light Commercial Vehicle
  • High Commercial Vehicle

By Fuel Type, Lightweight Aluminium Pistons Market is segmented as:

  • Gasoline
  • Diesel
  • Alternate Fuel

By Region, Lightweight Aluminium Pistons Market is segmented as:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa

Frequently Asked Questions

In 2021, the value of the Lightweight Aluminium Pistons market reached over US$ XX Mn.

During the forecast period, the Lightweight Aluminium Pistons market is estimated to expand at a CAGR of 3.7% during 2022-2032.

The Lightweight Aluminium Pistons market is projected to reach US$ 2,551.8 Mn by the end of 2032.

Asia-Pacific region is projected to lead the Global Lightweight Aluminium Pistons market in the forecast period.

The key global players in the lightweight aluminium piston business are Mahle GmbH (Germany), Rheinmetall AG (Germany), Aisin-Seiki Co. Ltd. (Japan), Hitachi Ltd. (Japan), and Federal-Mogul Corporation (U.S.) and others.

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Nikhil Kaitwade
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Lightweight Aluminium Pistons Market