The global automotive cylinder liner market is predicted to reach a valuation of US$ 5,627.9 Million by 2027, with sales growing at a stagnant CAGR of 3.5% from 2022 to 2027. Scaling up from a value of US$ 4,573.1 Million in 2021, the target market is expected to reach an estimated US$ 4,741.1 Million in 2022.
Due to rising demand for passenger and commercial vehicles, particularly in urban areas, as well as the availability of complex and diversified cylinder liners, the market for automotive cylinder liners is growing. The growing urban population and the high demand for lightweight vehicles will cause the target market to grow throughout the forecast period.
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The market for automobile cylinder liners is expected to expand as a result of rising consumer demand for passenger cars and higher purchasing power. The market for automotive cylinders is expanding as a result of both the expansion of the automotive industry as a whole and the rise in demand for automotive components.
The growing acceptance of light-duty and passenger trucks is driving up demand for automotive cylinder liners. One of the main reasons affecting the industry is the transition from the traditional alloy to a hybrid liner.
Manufacturers are becoming more and more enamoured with hybrid liners because of their increased utility and effectiveness. EPA and CAFE regulations have once again gotten significantly harsher, and automakers who don’t reach the necessary mpg (miles per gallon) standards face significant fines.
The target market should benefit from this as it drives automakers to design better automobiles with greater fuel efficiency and fewer pollution. The use of effective alloys with improved tensile strength in automotive components is projected to promote the growth of the automotive cylinder liner market throughout the course of the forecast period.
“Heightened demand for passenger cars and lightweight commercial vehicles propel the global growth of the automotive cylinder liner market over the forecast period,” says an FMI analyst.
Key Takeaways:
- APEJ region is anticipated to exhibit substantial growth over the assessment period, accounting for over 42.3% of the market share.
- India, China, and ASEAN countries are major contributors to the market’s growth in APEJ region.
- Preference for hybrid liner over conventional alloy positively influences the market prospects.
- The automotive cylinder liner market in the U.S. will likely surpass a value of US$ 715.7 Mn by the end of 2022.
- Japan’s automotive cylinder liner market will be valued at US$ 445.2 Mn in 2022.
- Cast iron material type will register the highest demand.
- The liner type segment is set to grow at a CAGR of 2.9%.
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Competitive Landscape
Nippon Piston Rings Co. Ltd, Federal-Mogul LLC, TPR Co. Ltd., ZYNP Corporation, Liners India Limited, Daido Kogyo Co. Ltd., Melling Cylinder Sleeves, Cooper Corp, Darton International, Inc, India Pistons Ltd, Mahle GmbH, GKN PLC, Bryan Automotive, Metallic Auto Liners Pvt. Ltd, Kusalava International Ltd., Westwood Cylinder Liner Ltd., Aichi Machine Industry Co. Ltd, Bergmann Automotive GmbH, PT Pakarti Riken Indonesia, Cnflap Engine Parts (GZ) Ltd., and Advanced Sleeve among others are some of the major players in the automotive cylinder liner market profiled in the full version of the report.
Leading market players are focusing on acquisition and expansion strategies to enhance their supply of automotive components. Some of the other players are concentrating on increasing the efficiency of automotive cylinder liner to gain a competitive advantage.
Automotive Cylinder Liner Market By Category
By Liner Type, the Automotive Cylinder Liner Market is segmented as:
- Dry Liner
- Wet Liner
By Vehicle Type, the Automotive Cylinder Liner Market is segmented as:
- Light Duty
- Heavy Duty
By Application, the Automotive Cylinder Liner Market is segmented as:
- Diesel Engine
- Gasoline Engine
By Material Type, the Automotive Cylinder Liner Market is segmented as:
- Cast Iron
- Aluminium Alloy
- Steel
- Titanium Alloy
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