Feb 16, 2018   SOURCE: PR NewsWire

Global Automotive Piston Market 2017-2021 - Increasing Introduction of Innovative Engines is Trending

DUBLIN, Feb. 16, 2018 /PRNewswire/ --

The "Global Automotive Piston Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.

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Global automotive piston market to grow at a CAGR of 2.06% during the period 2017-2021.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is Increasing introduction of innovative engines such as Renault Powerful. The approach of Renault on cleaner and efficient vehicles is quite new. The company has developed a new two-stroke engine named Powerful that stands for powertrain for the future light-duty vehicle. The engine can also be used in cars and light trucks. It is a two-cylinder engine and not the conventional four-cylinder engine from Renault.

According to the report, one of the major drivers for this market is Increasing demand for vehicles. The global automotive industry is growing at a significant rate. This is attributed to the high demand for passenger cars, specifically from emerging economies such as China, India, and Brazil. These regions have shown significant economic growth over the past few years. The market growth in these regions has been dynamic due to industrialization and global trade activity, especially in Brazil, Russia, India, and China (BRIC) countries. With the increasing number of passenger vehicles in these countries, the automotive piston market will also grow.

Further, the report states that one of the major factors hindering the growth of this market is High requirement for engine downsizing. The US Environmental Protection Agency (US EPA) along with the National Highway Traffic Safety Administration (NHTSA) is working toward a status that enables reduced GHG emissions and better fuel efficiency for vehicles and engines. This plan includes all types of vehicles from entry-level passenger cars to heavy-duty trucks. To meet the regulations on emissions by different governments and to meet the fuel efficiency demands, the automakers followed the procedure of engine downsizing. Downsizing of the engine can be done in two ways: by reducing the dimension of the cylinders and by reducing the number of cylinders.

Key Vendors

    --  Rheinmetall Automotive
    --  AISIN SEIKI
    --  MAHLE
    --  Federal-Mogul

Other Prominent Vendors

    --  KS Kolbenschmidt US
    --  TIK Piston Taiwan
    --  Menon Piston
    --  Wiseco

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation by Application

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers and Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/4xn7t4/global_automotive?w=5

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SOURCE Research and Markets