The increasing demand for automotive piston in ICE vehicles to achieve fuel efficiency, reduce emissions, and enhance flexibility and reliability is driving the automotive piston market. In addition to growing economies, rise in disposable income and expectations in terms of convenience are among the factors bolstering the sales of passenger cars, further boosting the automotive piston market. Demand for advanced and high-tech features, and technological innovations as well as concerns regarding environmental safety are compelling OEMs to focus on the production and adoption of highly accurate and high-performance piston designs, thereby promoting the development of long-lasting pistons that can withstand stress, and wear and tear caused by engine operations. Mechanical simplicity, flexibility and reliability, and multi-fuel capabilities are among the other features driving the adoption of automotive pistons.
Mahle GmbH, Tenneco Inc., Rheinmetall AG, ART Metal MFG Co. Ltd., and TPR Co. Ltd.. – Prominent Market Participants in Automotive Piston Market
The emerging trend in automotive piston market is usage of hydrogen-fueled combustion engine technology. The hydrogen-fueled piston engines do not emit CO2 and allow users to achieve zero-emission targets. It also offers advantages over expensive battery-electric and hydrogen fuel cell solutions. In May 2021, Aquarius Engines, Israel, developed a hydrogen-fueled version of its single-piston, lightweight linear engine, which is uniquely designed with the internal gas exchange capability to reduce emissions. Growing investments in optimized thermodynamic cycle or high-efficiency hybrid cycle (HEHC), and advanced combustion is estimated to achieve higher fuel efficiencies in automotive piston.
Mahle GmbH, Tenneco Inc., Rheinmetall AG, ART Metal MFG Co. Ltd., and TPR Co. Ltd are some of the key market players operating in the global automotive piston market. The listing of key players is derived by considering multiple factors such as overall revenue, current automotive piston system product portfolio, geographical reach, new product launches, market initiatives, and investment in technology upgradation, partnerships, and other market related activities. In addition to these players, there are several other important players operating in the automotive piston system ecosystems which were studies analyzed during the course of this market research study.
Most of the market initiatives were observed in Asia Pacific region, which have a high potential of market-related products, solutions, and services. Few of the important market initiatives from the industry are mentioned below:
| Year | News | Country |
| 2021 | Rheninmetall AG opened a new technology center in Nanjing, China. This expansion is anticipated to be highly beneficial for KS Kolbenschmidt (the subsidiary of Rheinmetall AG) for its piston business. | China |
| 2021 | The Rheinmetall technology group’s subsidiary KS Kolbenschmidt GmbH of Neckarsulm, Germany, and auto parts maker ZYNP Corporation of Mengzhou, China, and the Riken Corporation of Tokyo has partnered and started a new Tech Center in Nanjing, China. The center is going to offer modern steel pistons related customer service and subsequently increase its market in the Nanjing region. | China |
