주철 피스톤 시장 예측(-2030년) : 제품 유형, 유형, 용도, 최종사용자, 지역별 세계 분석

According to Stratistics MRC, the Global Cast Iron Piston Market is accounted for $1.94 billion in 2023 and is expected to reach $2.82 billion by 2030 growing at a CAGR of 5.5% during the forecast period. Cast iron pistons are crucial parts of internal combustion engines, which are utilized in a variety of applications such as power production, industrial machinery, automobiles, and construction equipment. Gray cast iron, which is renowned for its exceptional heat resistance and durability, is usually used to make cast iron pistons. For some uses, other varieties of cast iron, such ductile cast iron, may also be employed. To accommodate the unique requirements of engine designs, cast iron piston customisation options are frequently provided by piston manufacturers. Changes in surface treatments, size, and form might be examples of this.

Market Dynamics:

Driver:

Growing automotive production

The need for cast iron pistons is growing as car manufacturing rates rise. These pistons are an essential part of internal combustion engines, which are used in a variety of automobiles, including buses, trucks, and commercial vehicles and this boosts activity across the supply chain, including vendors of cast iron pistons and other engine components. In order to keep up with demand, piston manufacturers and suppliers have to boost orders and production. Scale economies are generally the result of higher manufacturing volumes where producers may be able to lower their costs as a consequence, increasing their competitiveness and perhaps saving automakers money thus boosting the market growth.

Restraint:

Shift toward alternative engine technologies

The most obvious adverse impact is the decline in demand for cast iron pistons, especially for internal combustion engines. Cast iron pistons are not required in electric vehicles (EVs) or some hybrid cars as they do not use conventional internal combustion engines and may lose market share to lighter materials like aluminum, which are more appropriate for electric and hybrid drivetrains, as alternative materials and technologies proliferate. It might be difficult for producers that have historically concentrated on cast iron pistons to adjust to new materials and technology.

Opportunity:

Evolving engine technologies

Lightweight components are frequently given priority in engine technology advancements in an effort to maximize fuel economy and lower emissions. The need for lightweight pistons, which can be constructed of various materials or have cutting-edge designs to save weight, has risen as a result of this trend. Pistons composed of cutting-edge materials with enhanced heat resistance, durability, and thermal efficiency are frequently needed for new engine technology. As a result of manufacturers' adaptation to these demands, pistons with improved qualities are developed and are aimed at increasing fuel economy frequently need to be able to tolerate the greater temperatures and pressures connected to more effective combustion. These fuels the market for pistons made of cutting-edge materials and designs.

Threat:

Stringent emission regulations

Stricter emission standards frequently need more sophisticated engine technology, which might be more costly to develop and put into use. The affordability of conventional internal combustion engine cars may be impacted by higher production costs for engines and automobiles. The market for conventional internal combustion engines with cast iron pistons may decline as emission rules tighten and some manufacturers may give preference to alternative powertrains like electric and hybrid systems. Moreover, different countries and regions have different emission rules, which can make the regulatory environment for manufacturers complicated. It might be hard to meet differing requirements in different markets.

COVID-19 Impact

Worldwide supply systems were impacted by the outbreak. A number of producers of industrial and automotive machinery experienced disruptions in the supply of parts, raw materials, and components, such as cast iron pistons. Production was delayed and output was reduced as a result of this disturbance. The automotive and industrial industries were given financial support and incentives by some governments, which helped to somewhat counteract the drop in demand for cast iron pistons.

The malleable cast iron pistons segment is expected to be the largest during the forecast period

The malleable cast iron pistons segment is estimated to have a lucrative growth, as they are often employed in the automobile sector, where they are essential to internal combustion engines, and are appropriate for situations where the piston must tolerate high temperatures and mechanical stress. They may be found in a variety of vehicles, including trucks, automobiles, and motorbikes. The automotive and industrial industries have an impact on the market for cast iron pistons, notably malleable cast iron pistons. Moreover, the market for cast iron pistons may be impacted by variables including modifications to pollution standards, the move toward electric vehicles, and advancements in engine technology.

The recessed top piston segment is expected to have the highest CAGR during the forecast period

The recessed top piston segment is anticipated to witness the highest CAGR growth during the forecast period, as there are several shapes this recessed pattern might take, including a bowl, a dish, or another arrangement. In many different kinds of internal combustion engines, such as those used in cars, trucks, motorcycles, and industrial machinery, recessed top pistons are frequently utilized. Depending on the engine's unique needs and intended application, their design may change. Additionally, due to the development of more environmentally friendly engine technology and the observance of emission standards the market may be impacted.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the cast iron pistons being widely employed in industrial and automotive applications. These uses include a wide range of industries, including power production, construction, motorbikes, commercial and passenger cars, and agriculture machines. Some of the biggest and fastest-growing automobile markets in the world, such as those in China and India, are found in the Asia Pacific area. Moreover, the need for cast iron pistons is fuelled in part by the region's rising auto production which further drives in the growth of the market.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, because it is durable and heat resistant, and is the most common kind used to make cast iron pistons in the Europe market. Many uses, including marine vessels, power generating, and construction equipment, depend on internal combustion engines in the Europe industrial sector. Engine design and componentry are influenced by strict emission restrictions in a number of European nations these rules could apply to cast iron pistons, or other options might be investigated results in enhancing the market growth.

Key players in the market

Some of the key players profiled in the Cast Iron Piston Market include: Zhejiang jialaidun Piston Manufacture, Hitachi Automotive Systems, Rheinmetall Automotive, Honda Foundry, India Pistons, Federal-Mogul, Zynp Corporation, Aisin Seiki, Binzhou Bohai Piston, Huamin Nanping Automobile Fittings Group, Dong Yang Piston, Cheng Shing Piston, Chang'an Automobile Group, ARN Group, Mahle Group, IP Rings Ltd, Omega Pistons, Hunan ZhengYuanDongli Parts Co., Ltd., Anhui Huan Xin Group Co., Ltd. and Nippon Piston Rings Co Ltd.

Key Developments:

In September 2023, Rheinmetall unveils best-in-class 30mm cannon on robotic combat vehicle to demonstrate mobile c-UAS excellence. the world's most advanced c-UAS turret, with the combined speed, mobility, and unmanned capability of Textron Systems' Ripsaw M5 robotic combat vehicle (RCV).

In May 2023, Hitachi Astemo, Ltd. has developed an autonomous driving technology that helps to safely and smoothly pass by oncoming vehicles on narrow roads and other situations by utilizing 3D sensing results of the surrounding vehicle environment.

In January 2023, Hitachi Astemo, Ltd Trend Micro Inc. and its subsidiary VicOne Inc. ("VicOne") have expanded their collaboration to provide security solutions for connected cars, aiming for commercialization.

Product Types Covered:

• Malleable Cast Iron Pistons
• White Cast Iron Pistons
• High Silicon-Molybdenum Cast Iron Pistons
• Silicon Alloyed Cast Iron Pistons
• Alloyed Cast Iron Pistons
• Compacted Graphite Iron (CGI) Pistons
• Gray Cast Iron Pistons
• Ductile Iron Pistons
• Other Product Types

Types Covered:

• Recessed Top Piston
• Dome Top Piston
• Flat Top Piston

Applications Covered:

• Automotive Engines
• Marine Engines
• Industrial Engines
• Aircraft Engines
• Racing Engines
• Two-Stroke Engines
• Heavy-Duty Diesel Engines
• Other Applications

End Users Covered:

• Industrial
• Aerospace & Defence
• Automotive Manufacturers
• Agricultural Machinery Manufacturers
• Replacement Parts Suppliers
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Cast Iron Piston Market, By Product Type

• 5.1 Introduction
• 5.2 Malleable Cast Iron Pistons
• 5.3 White Cast Iron Pistons
• 5.4 High Silicon-Molybdenum Cast Iron Pistons
• 5.5 Silicon Alloyed Cast Iron Pistons
• 5.6 Alloyed Cast Iron Pistons
• 5.7 Compacted Graphite Iron (CGI) Pistons
• 5.8 Gray Cast Iron Pistons
• 5.9 Ductile Iron Pistons
• 5.10 Other Product Types

6 Global Cast Iron Piston Market, By Type

• 6.1 Introduction
• 6.2 Recessed Top Piston
• 6.3 Dome Top Piston
• 6.4 Flat Top Piston

7 Global Cast Iron Piston Market, By Application

• 7.1 Introduction
• 7.2 Automotive Engines
• 7.3 Marine Engines
• 7.4 Industrial Engines
• 7.5 Aircraft Engines
• 7.6 Racing Engines
• 7.7 Two-Stroke Engines
• 7.8 Heavy-Duty Diesel Engines
• 7.9 Other Applications

8 Global Cast Iron Piston Market, By End User

• 8.1 Introduction
• 8.2 Industrial
• 8.3 Aerospace & Defence
• 8.4 Automotive Manufacturers
• 8.5 Agricultural Machinery Manufacturers
• 8.6 Replacement Parts Suppliers
• 8.7 Other End Users

9 Global Cast Iron Piston Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Zhejiang jialaidun Piston Manufacture
• 11.2 Hitachi Automotive Systems
• 11.3 Rheinmetall Automotive
• 11.4 Honda Foundry
• 11.5 India Pistons
• 11.6 Federal-Mogul
• 11.7 Zynp Corporation
• 11.8 Aisin Seiki
• 11.9 Binzhou Bohai Piston
• 11.10 Huamin Nanping Automobile Fittings Group
• 11.11 Dong Yang Piston
• 11.12 Cheng Shing Piston
• 11.13 Chang'an Automobile Group
• 11.14 ARN Group
• 11.15 Mahle Group
• 11.16 IP Rings Ltd
• 11.17 Omega Pistons
• 11.18 Hunan ZhengYuanDongli Parts Co., Ltd.
• 11.19 Anhui Huan Xin Group Co., Ltd.
• 11.20 Nippon Piston Rings Co Ltd.