Future Market Insights has recently published a new market research study on the automotive cylinder liner market that Contains global industry analysis 2017–2021 and opportunity
assessment 2022–2027. The report investigates the automotive cylinder
liner market and provides critical insights for the forecast period of
2022-2027. As per the key findings of the report, the global automotive
cylinder liner market is expected to witness considerable growth in
upcoming years due to the increasing implementation of emission norms,
coupled with downsizing of engines, resulting in the increase in demand
for light weight automotive cylinder liners.
The global automotive cylinder liner market is estimated to reach ~US$ 4,741.1 Mn in 2022,
and increase at a CAGR of ~3.5% during the projected period of
2022-2027. This growth is expected to be mainly driven by the increasing
demand for passenger and commercial vehicles across the globe.
Emergence of High-Quality Automotive Cylinder Liners Expected to Drive the Market in APAC
Sales of automotive cylinder liners are directly related to the production of
automobiles. China, being one of the prominent manufacturers in the
automotive industry, is expected to account for a prominent share in the
global automotive cylinder liner market. The emergence of innovative,
high-quality, and cost-effective products is expected to drive the
market growth in the region. To enhance the durability and efficiency of
engine, new materials have been developed, which are more efficient
than the traditionally used in cylinder liners. In addition to rising
number of regional players in Asian Pacific countries including China
and India, key players are targeting the region for improved customer
base and increased geographical footprint. Furthermore, in India, the
government provides an extensive support to farmers to purchase
agricultural equipment and work more efficiently. The Indian government
offers crop loans, credit schemes, and subsidized interest rates, which
boost the demand for agricultural vehicles, in turn, increasing the
demand for automotive cylinder liners.
Growing Electric Mobility to Impede the Market Growth
The dependency of consumers on conventional cylinder liners is now
shifting. Consumers’ preference is expected to shift from conventional
vehicles to electric vehicles, which is expected to create a hindrance
in the growth of the automotive cylinder liner market across the globe. A
large production of electric vehicles in the Asia Pacific region is
supporting the penetration of electric vehicles in the fuel-driven
conventional automobile market. Increasing preference for electric
vehicles, which are environment friendly, safe, and easy to handle, is
likely to hamper the growth of the automotive cylinder liner market in
the Asia Pacific region
Automotive cylinder Liner Market: Taxonomy
Vehicle Type
- Light Duty
- Heavy duty
Liner Type
- Dry Liner
- Wet Liner
Material Type
- Cast Iron
- Aluminium Alloys
- Steel
- Titanium
Application
- Diesel Engine
- Gasoline Engine
Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- MEA
- Japan
Automotive Cylinder Liner Market: Vendor Insights
The report highlights some of the prominent market players, who have
established themselves as leaders in the global automotive cylinder
liner market. Few examples of key players in the market are
Federal-Mogul LLC, Mahle GmbH, Nippon Piston Rings Co. Ltd., ZYNP
Corporation, India Pistons Ltd., TPR CO., LTD., Bergmann Automotive
GmbH, Westwood Cylinder Liner Ltd., Aichi Machine Industry Co., Ltd.
among others.The global automotive cylinder liner market is considered
to be significantly fragmented one. Global players falling under Tier-1
category accounts for ~20% of the overall market share, whereas
medium-sized and small-sized players are expected to be prominent in the
global market. Tier-1 players are focusing on investing in new
technology that would contribute to reduce the weight of the engine.
Automotive Cylinder Liner Market – Key Research Findings
- The global automotive cylinder liner market size in 2022 is ~US$ 4,741.1 Mn.
- The automotive cylinder liner market is estimated to grow at a CAGR of ~3.5 % over the forecast period of 2022-2027.
- Use of automotive cylinder liner in light duty vehicles is likely to result
in increased market share during the forecast period. - In countries, such as India, China, France, U.K., and Spain, the growing
production of passenger cars is resulting in significant growth of the
automotive cylinder liner market. The APEJ region generates high demand
for agriculture equipment as well as construction equipment, which is
expected to scale up the automotive cylinder liner market. - Increasing use of LCVs is likely to help the global automotive cylinder liner
market witness high growth during the forecast period. - Cast iron is the most preferred material for automotive cylinder liner, mainly
because of its low cost and reduced weight. Additionally, hybrid liner
technology serves better functionality and is being majorly adopted by
manufacturers. - Prominent value and volume share of the automotive cylinder liner market is predicted to be hold by Asia Pacific
excluding Japan. - Middle East & Africa (MEA) is projected to show high growth in terms of value in the global market.
- Key market players as well as OEMs are expanding their product offerings by
investing in research and development. To counter various situations,
manufacturers are focussing on improving the durability by using hybrid
materials. Through acquisitions and collaborations, big companies are
entering into local markets to further improve the business.
