The global automotive cylinder liner market is worth US$ 4.74 Billion as of now and expected to reach US$ 5.63 Billion by the year 2027 at a CAGR of 3.5% between 2022 and 2027.

With broad-ranging cylinder liners available, the automotive cylinder liner market is expected to grow on a good note in the near future.

Majority of the OEMs are into establishment of plants for fulfilling customers’ demand. Market participants like Suzuki, Ford, Hyundai, Honda, and several others have joined this bandwagon. The players like Federal Mogul LLC, Kusalava Ltd., Nippon Piston Rings Co. Ltd., and likewise do have their production plants in such emerging countries. Also, increasing building and farming activities do create demand at the global level for the automotive cylinder liner market. On the whole, global automotive cylinder liner market is expected to exhibit a decent CAGR in the near future.

One of the major factors accelerating the automotive cylinder liner market is paradigm shift to hybrid liner (from conventional alloy). Better efficiency and functionality are driving this shift. Also, EPA and CAFÉ standards have turned out to be comparatively stringent and do fine the automakers heavily if they do not comply with standard miles per gallon (mpg) norms. Additionally, efficient alloys with higher tensile strength are being used in automotive components. All these factors are expected to drive the automotive cylinder liner market in the forecast period.

However, the fact that initial investments in automotive cylinder liners are high can’t be ignored. Plus, demand for electric vehicles is on the rise. Excessive research is also being conducted to adopt lightweight metal to manufacture this liner. This could raise concerns about the liners being leakproof. These factors may hamper the automotive cylinder liner market in the forthcoming period.

Future Market Insights has walked through these facts with future prospects in its latest market study entitled ‘Automotive Cylinder Liner Market’. It has its indigenous team of analysts and consultants to incorporate bottom-up approach herein. Micros as well as macros haven been worked upon.

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https://www.futuremarketinsights.com/reports/automotive-cylinder-liner-market

Key Takeaways from Automotive Cylinder Liner Market

  • North America holds the second largest market share. This could be credited to the ever-increasing demand for vehicles all over the US. As of now, the country does produce more than 13 Mn light vehicles.
  • Europe holds a significant market share with Germany accounting for more than 30% of the overall market share. This could be reasoned with the fact that the US is one of the leading importers of automobiles made in Germany.
  • Coming to the Asia-Pacific, Japan is the key placeholder. This could be attributed to companies like Denso Corporation expanding their manufacturing capacity by going for extra production facility at Tamura city’s Denso Fukushima location.

Competitive Cylinder Liners

  • SKODA Auto, in September 2020, did put forth a new-fangled processing line for plasma coating. It was, in fact, up for operation. The traditional cylinder liners could thus be replaced with powder coating measuring merely 150 μm (0.15 mm). It could be used while manufacturing novel EVO 3-cylinder engines out of EA211 series, thereby reducing internal friction.
  • Continental, in July 2019, did announce that it had officially opened its new-fangled Powertrain plant at Wuhu (China). It showcased an investment of nearly EUR 28 Mn for building and land.
  • Tenneco Inc., in October 2018, did complete acquisition of Federal-Mogul LLC. The acquisition is expected to geographically expand the company and also diversify product portfolio.

“With increase in sales of commercial vehicles, the global automotive cylinder liner market is bound to grow on irrevocable note in the years to come”, says an analyst from Future Market Insights.

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How is the Report lined up?

  • The research study is based on liner type (wet liner and dry liner), by vehicle type (heavy duty and light duty), by application (gasoline engine and diesel engine), and by material type (cast iron, aluminium alloy, steel, and titanium alloy).
  • With rapid urbanization coupled with excessive demand for lightweight vehicles, the global automotive cylinder liner market is expected to grow on a voracious note going forward.