Market Overview:
The global lightweight aluminium pistons market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight vehicles across the globe. In addition, rising awareness about fuel efficiency and environmental concerns are also fuelling the demand for lightweight aluminium pistons. The global lightweight aluminium pistons market is segmented on the basis of type, application and region. On the basis of type, it is segmented into aluminium alloy 2618, aluminium alloy 4032 and others. Aluminium alloy 2618 dominates this segment due to its superior properties such as high strength-to-weight ratio and corrosion resistance as compared to other alloys available in this market space. On the basis of application, it is divided into compact cars, mid-size cars, SUVs/CUVs/MPVs luxury cars LCVs HCVs etcetera).
Product Definition:
Lightweight aluminium pistons are typically made from alloy materials that are much lighter than traditional cast iron pistons. This weight savings can be as much as 25% to 30%. The reduced weight allows the engine to turn more freely and results in improved fuel economy.
Aluminium Alloy 2618:
Aluminum alloy 2618 is a kind of aluminum-zinc alloy. It contains zinc at the ratio of 80% to 20%. Aluminum alloys are widely used in automotive components such as engine blocks, cylinder heads, and powertrain applications. The material has high strength and ductility which makes it suitable for use in vehicle manufacturing.
The lightweight aluminum pistons are manufactured by using various raw materials including cast iron, steel or plastic depending on the application requirement.
Aluminium Alloy 4032:
Aluminium alloy 4032 is a kind of aluminum-zinc alloy. It contains about 68% of zinc and 32% of aluminum by weight. The material has high corrosion resistance, ductility, formability and weldability due to its excellent properties as an all-arounder for engineering applications in automotive & transportation, aerospace & defense and industrial machinery sectors.
Application Insights:
The compact cars segment is expected to witness the highest growth over the forecast period owing to increasing sales of such vehicles in emerging economies including China and India. The mid-size car segment also holds significant growth potential due to increasing demand for high performance vehicles in developed countries such as U.S., Germany and Japan. In addition, growing sales of passenger cars in developing countries including China and India are expected to drive industry expansion over the forecast period. Increasing demand for light weight engine components among enthusiasts operating under extreme conditions is anticipated fuel industry expansion during the study period. In addition, rising sports utility vehicle (SUV) production across various regions coupled with a growing preference towards off-road driving activities is projected boost product demand during the study period.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 55% in 2017. The region is expected to witness significant growth owing to increasing automotive production and sales, especially in China, India, Japan and South Korea. In addition, rising disposable income levels coupled with the implementation of new safety regulations are likely to drive demand for lightweight alu-piston engines over the forecast period.
Europe accounted for a major share as well as contributed more than 25% towards the overall revenue generation in 2017 on account of high demand from compact cars segment due to growing consumer preference towards fuel efficient vehicles along with stringent emission norms implemented by governments across countries such as Germany, France and Italy among others which are anticipated to boost product penetration across this region during the forecast period. North America also held a considerable market share followed by Asia Pacific owing its large presence of luxury car manufacturers such as AUDI AG; BMW AG; Mercedes-Benz AMG GmbH & Co.; Porsche Cars Inc.
Growth Factors:
- Increasing demand for lightweight pistons in automotive industry to improve fuel efficiency and reduce emissions
- Rising demand from emerging markets such as China and India
- Growing popularity of aluminium alloys over traditional materials like cast iron and steel for piston manufacturing
- Technological advancements that have led to the development of high-performance lightweight pistons
- Increasing adoption of piston coatings to improve durability and performance
Scope Of The Report
Report Attributes
Report Details
Report Title
Lightweight Aluminium Pistons Market Research Report
By Type
Aluminium Alloy 2618, Aluminium Alloy 4032, Others
By Application
Compact Cars, Mid-Size Cars, SUVs, Luxury Cars, LCVs, HCVs
By Companies
Mahle GmbH, Rheinmetall AG, Aisin-Seiki Co. Ltd., Hitachi Ltd., Federal-Mogul Corporation, Bohai Piston
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Lightweight Aluminium Pistons Market Report Segments:
The global Lightweight Aluminium Pistons market is segmented on the basis of:
Types
Aluminium Alloy 2618, Aluminium Alloy 4032, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Compact Cars, Mid-Size Cars, SUVs, Luxury Cars, LCVs, HCVs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mahle GmbH
- Rheinmetall AG
- Aisin-Seiki Co. Ltd.
- Hitachi Ltd.
- Federal-Mogul Corporation
- Bohai Piston
Highlights of The Lightweight Aluminium Pistons Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aluminium Alloy 2618
- Aluminium Alloy 4032
- Others
- By Application:
- Compact Cars
- Mid-Size Cars
- SUVs
- Luxury Cars
- LCVs
- HCVs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lightweight Aluminium Pistons Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lightweight aluminium pistons are made from a lightweight alloy that is stronger than traditional pistons. They are also less expensive to produce and require less maintenance.
Some of the key players operating in the lightweight aluminium pistons market are Mahle GmbH, Rheinmetall AG, Aisin-Seiki Co. Ltd., Hitachi Ltd., Federal-Mogul Corporation, Bohai Piston.
The lightweight aluminium pistons market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lightweight Aluminium Pistons Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lightweight Aluminium Pistons Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lightweight Aluminium Pistons Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lightweight Aluminium Pistons Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lightweight Aluminium Pistons Market Size & Forecast, 2020-2028
4.5.1 Lightweight Aluminium Pistons Market Size and Y-o-Y Growth
4.5.2 Lightweight Aluminium Pistons Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Aluminium Alloy 2618
5.2.2 Aluminium Alloy 4032
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Compact Cars
6.2.2 Mid-Size Cars
6.2.3 SUVs
6.2.4 Luxury Cars
6.2.5 LCVs
6.2.6 HCVs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lightweight Aluminium Pistons Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lightweight Aluminium Pistons Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Aluminium Alloy 2618
9.6.2 Aluminium Alloy 4032
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Compact Cars
9.10.2 Mid-Size Cars
9.10.3 SUVs
9.10.4 Luxury Cars
9.10.5 LCVs
9.10.6 HCVs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Aluminium Alloy 2618
10.6.2 Aluminium Alloy 4032
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Compact Cars
10.10.2 Mid-Size Cars
10.10.3 SUVs
10.10.4 Luxury Cars
10.10.5 LCVs
10.10.6 HCVs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Aluminium Alloy 2618
11.6.2 Aluminium Alloy 4032
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Compact Cars
11.10.2 Mid-Size Cars
11.10.3 SUVs
11.10.4 Luxury Cars
11.10.5 LCVs
11.10.6 HCVs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Aluminium Alloy 2618
12.6.2 Aluminium Alloy 4032
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Compact Cars
12.10.2 Mid-Size Cars
12.10.3 SUVs
12.10.4 Luxury Cars
12.10.5 LCVs
12.10.6 HCVs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Aluminium Alloy 2618
13.6.2 Aluminium Alloy 4032
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Compact Cars
13.10.2 Mid-Size Cars
13.10.3 SUVs
13.10.4 Luxury Cars
13.10.5 LCVs
13.10.6 HCVs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lightweight Aluminium Pistons Market: Competitive Dashboard
14.2 Global Lightweight Aluminium Pistons Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mahle GmbH
14.3.2 Rheinmetall AG
14.3.3 Aisin-Seiki Co. Ltd.
14.3.4 Hitachi Ltd.
14.3.5 Federal-Mogul Corporation
14.3.6 Bohai Piston
