Global Piston Market Size & Outlook, 2023-2030

The piston industry worldwide is expected to reach a projected revenue of US$ 3,374.7 million by 2030. A compound annual growth rate of 4.4% is expected of the worldwide piston industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,491.7
Forecast, 2030 (US$M)
$3,374.7
CAGR, 2024 - 2030
4.4%
Report Coverage
Worldwide

Global piston market, 2018-2030 (US$M)

Global piston market highlights

  • The global piston market generated a revenue of USD 2,491.7 million in 2023 and is expected to reach USD 3,374.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 4.4% by 2030.
  • In terms of segment, aluminum accounted for a revenue of USD 2,491.7 million in 2023.
  • Aluminum is the most lucrative material segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.


Global data book summary

Market revenue in 2023USD 2,491.7 million
Market revenue in 2030USD 3,374.7 million
Growth rate4.4% (CAGR from 2023 to 2030)
Largest segmentAluminum
Fastest growing segmentAluminum
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAluminum


Other key industry trends

  • In terms of revenue, the North America accounted for 30.9% of the global piston market in 2023.

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Piston Market Scope

Piston market segmentation & scope
Vehicle
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
Component
Piston Head
Piston Ring
Piston Pin
Countries
U.S.
Canada
Mexico
UK
Sweden
Spain
Norway
Italy
Germany
France
Brazil
Argentina
Australia
China
India
Japan
South Korea
Thailand
UAE
South Africa
Saudi Arabia
Kuwait

Piston Market Companies

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Global piston market size, by regions, 2018-2030 (US$M)

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