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.
The market for automotive cylinder liners is expanding as a result of rising desire for passenger and commercial cars, particularly in metropolitan areas, as well as the availability of sophisticated and varied cylinder liners. The target market will expand throughout the forecast period as a result of the rising urban population and the strong demand for lightweight automobiles.
Because of the increased demand for passenger cars and rising purchasing power, the market for automotive cylinder liners is anticipated to grow. The growth of the automotive sector as a whole and the rise in demand for automotive parts are both contributing to the growth of the market for automotive cylinders.
The need for automotive cylinder liners is expanding as a result of the rising popularity of light-duty and passenger trucks. A move from the conventional alloy to a hybrid liner is also one of the major factors affecting the industry.
Hybrid liners are gaining popularity among manufacturers due to their better functionality and efficiency. Once more, EPA and CAFE restrictions have become much stricter, and automakers who fail to meet the required 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.
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“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.
- 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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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
- Titanium Alloy