The global automotive cylinder liners market was valued at USD 4,021.4 million in 2022 and is estimated to reach USD 4,888.7 million in 2023. According to FMI’s estimation, the market is projected to grow at a CAGR of 5.46% from 2023 to 2033, reaching approximately USD 8,322.1 million by 2033.
A key driver of this growth is the increase in sales of commercial vehicles, which boosts demand for automotive cylinder liners. Additionally, the rising demand for heavy trucks and construction equipment has further escalated the need for these components.
Innovations in materials have led to the development of more durable and efficient engine cylinder liners compared to traditional ones.
However, the availability of cheaper materials and rising costs of liners pose challenges to market growth. Despite these restraints, continuous advancements and increased spending on marketing and development present significant opportunities for the automotive cylinder liner market.
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Key Takeaways from the Market Study
- Asia Pacific Excluding Japan’s automotive cylinder liner market is an attractive market, expanding at a CAGR of 3.7% by volume over the forecast period.
- The global automotive cylinder liner market expanded at a CAGR of 4.42% between 2018 and 2022.
- The global automotive cylinder liner market is projected to expand at a CAGR of around 2.8% by volume.
- Growing demand for vehicles in the United States is estimated to have a market share of 30.33%.
- Japan is one of the key markets in the automobile cylinder liner industry with a market share of 7.99%.
- Germany is Europe’s dominant automotive industry in terms of production and sales, accounting for the production of about 20% of new registrations and over 30% of passenger cars manufactured in the continent.
- Demand for wet cylinder liners is witnessing significant growth with a market share of 77%.
“Shift from traditional alloy to the hybrid liner is one of the crucial factors influencing the market and is considered to be one of the key drivers of the automotive cylinder liner market”, – comments a Future Market Insights analyst.
Competition Landscape
The automotive cylinder liner industry consists of a substantial number of market players. Further, efforts are taken on research and development to introduce environment-friendly product lines from the core aspect of these manufacturers. In addition, other expansion strategies, including collaborations, mergers and acquisitions, and seeking regulatory approvals, are also relied upon.
Some of the prominent players in the global market are-
- Mahle GmbH
- GKN PLC
- 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
- Kusalava International Ltd.
- Westwood Cylinder Liner Ltd.
- Aichi Machine Industry Co. Ltd
- Bergmann Automotive GmbH
- PT Pakarti Riken Indonesia
- Cnflap Engine Parts (GZ) Ltd
- Advanced Sleeve
- Bryan Automotive
Vital Developments of the Key Players in the Automotive Cylinder Liners Market
- In May 2023, Bergmann Automotive General Information offers a Manufacturer of cylinder liners intended for the automotive sector. The company offers development, procurement of raw materials, melting process, and automated and semi-automatic casting of grooved bushings, structured bushings, press-in bushings, hybrid bushings, and wet bushings, enabling its customers to get consistent short-cycle cylinder liners.
- In January 2023, PT Pakarti Riken Indonesia strives to be the number one in the business. They worked to meet the high standards of its leading partners in the machinery industry, especially in the automotive / vehicle industry.
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Automotive Cylinder Liner Market Key Segments
By Liner Type:
- Dry Liner
- Wet Liner
By Vehicle Type:
- Light Duty
- Heavy Duty
By Application:
- Diesel Engine
- Gasoline Engine
By Material Type:
- Cast Iron
- Aluminium Alloy
- Steel
- Titanium Alloy
By Region:
- North America
- Latin America
- Eastern Europe
- Western Europe
- South Asia & Pacific
- East Asia
- Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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