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Global Automotive Steel Piston Market Will Grow at a CAGR 26.4% and Reach USD 620 Million by 2023, from USD 150 Million in 2017

New Global Automotive Steel Piston Market 2023 Report Covers market forecast and top Companies like MAHLE, KSPG and others.

 

Lewes, DE -- (SBWIRE) -- 11/07/2018 -- Global Automotive Steel Piston market will register a 26.4% CAGR in terms of revenue, reach US$ 620 million by 2023, from US$ 150 million in 2017.

An automotive piston is a tubular piece of metal that moves up and down inside the cylinder of an engine). The piston generates mechanical energy that provides the necessary power to drive the shaft and consequently the wheels of an automobile. In an engine, the automotive piston primarily functions by transferring force from expanding gas in the cylinder to the crankshaft via piston rod or with the help of a connecting rod.

The global average price of Automotive Steel Piston is in the decreasing trend, from 9.5 USD/Unit in 2011 to 8.8 USD/Unit in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.

According to the bore size, the classification of Automotive Steel Piston includes below 100 MM and above 100 MM, and the production proportion of above 100 MM in 2015 is about 55%.

Europe region is the largest supplier of Automotive Steel Piston, with a production market share nearly 66% in 2015. North America is the second largest supplier of Automotive Steel Piston, enjoying production market share nearly 27% in 2015. From 2017, Federal-Mogul will build a manufacture base in China.

Over the next five years, Study projects that Automotive Steel Piston will register a 26.4% CAGR in terms of revenue, reach US$ 620 million by 2023, from US$ 150 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
MAHLE
KSPG
Federal-Mogul

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Below 100 MM
Above 100 MM

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Passenger Vehicle
Commercial Vehicle

Spanning over 126 pages "Forecast of Global Automotive Steel Piston Market 2023" report covers Automotive Steel Piston Market Overview, Global Automotive Steel Piston Sales, Revenue (Value) and Market Share by Players, Global Automotive Steel Piston Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Automotive Steel Piston Sales, Revenue and Price, Europe Top 5 Players Automotive Steel Piston Sales, Revenue and Price, Asia-Pacific Top 5 Players Automotive Steel Piston Sales, Revenue and Price, South America Top 5 Players Automotive Steel Piston Sales, Revenue and Price, Middle East & Africa Top 5 Players Automotive Steel Piston Sales, Revenue and Price, Global Automotive Steel Piston Players Profiles/Analysis, Global Automotive Steel Piston Market Forecast (2018-2023), Automotive Steel Piston Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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