Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Piston Market Research Report Forecast to 2023 | Page 2

The global piston market, by region, has been segmented into North America, Europe, Asia Pacific, and
the Rest of the World. Asia Pacific is likely to become the fastest growing regional market over the next
couple of years. The developing economies such as India and China resonate strong opportunities for
growth due to the increasing demand for vehicles. Furthermore, the region has emerged as the
manufacturing hub owing to the availability of comparatively cheaper labor force, raw materials, and
other facilities. Investments are expected to flow towards the piston market in Asia Pacific by global
market players, thus, augmenting the market in the foreseeable future.
North America and Europe are significant revenue pockets presumed to exhibit moderate growth
through the forecast period. The factors that are prognosticated to favor the expansion of North
America include consolidation of key players, technological advancements, growth of the automotive
sector, etc. In Europe, the thriving automotive sector in developed economies is likely to drive the
proliferation of the piston market. However, stringent regulations in both the regions have compelled
the manufacturers to shift their bases to Asia Pacific.
Industry News:
In April 2018, IAV Automotive Engineering, an engineering company in the automotive industry, is
piloting the development of 3D-printing metallic pistons. The process will make pistons lighter, faster to
manufacture and more resistant to high temperatures.
In May 2018, Federal-Mogul Powertrain, a leading global supplier of engine components, has announced
the launch of a new piston ring to be used in commercial vehicle diesel engines. It will be able to
enhance gas sealing capability by homogenizing oil film and stabilizing ring dynamic motion.
In September 2018, Freudenberg Sealing Tech, the leading specialist in sealing applications, has come up
with plastic pistons for making installation of smaller hydraulic systems feasible and energy-efficient.
Get Complete Report Details of Piston Market @
https://www.marketresearchfuture.com/reports/piston-market-2436
LIST OF TABLES
TABLE 1 GLOBAL PISTON MARKET, BY MATERIAL
TABLE 2 GLOBAL PISTON MARKET, BY COATING
TABLE 3 GLOBAL PISTON MARKET, BY VEHICLE TYPE
TABLE 4 GLOBAL PISTON MARKET, BY REGIONS
TABLE 5 NORTH AMERICA PISTON MARKET, BY MATERIAL
…..
LIST OF FIGURES
FIGURE 1 RESEARCH COATING