Global Piston Market Size & Outlook, 2023-2030
The global piston market size was estimated at USD 2,491.7 million in 2023 and is projected to reach USD 3,374.7 million by 2030, growing at a CAGR of 4.4% 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 2023 | USD 2,491.7 million |
| Market revenue in 2030 | USD 3,374.7 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Aluminum |
| Fastest growing segment | Aluminum |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aluminum |
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 Pin
Piston Head
Piston Ring
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
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tenneco | View profile | 10001+ | Lake Forest, Illinois, United States, North America | https://www.tenneco.com/ |
| Shriram Pistons and Rings | View profile | 5001-10000 | New Delhi, Delhi, India, Asia | http://www.shrirampistons.com |
| Aditya Birla Group | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | https://www.adityabirla.com/ |
| Aisin Corp | View profile | 142245 | 2-1 Asahi-machi, Aichi, Kariya, Japan, 448-8650 | https://www.aisin.com |
| Rheinmetall AG | View profile | 25344 | Rheinmetall Platz 1, Dusseldorf, NW, Germany, 40476 | https://www.rheinmetall.com |
| MAHLE | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | https://www.mahle.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Global piston market size, by regions, 2018-2030 (US$M)
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