Automotive Cylinder Liner Market Size (2024 - 2029)

Automotive Cylinder Liner Market Analysis

The Automotive Cylinder Liner Market size is estimated at USD 5.40 billion in 2024, and is expected to reach USD 7.52 billion by 2029, growing at a CAGR of 6.87% during the forecast period (2024-2029).

The rising sales of commercial vehicles and increasing vehicle parc globally serve as major determinants for the growth of the automotive industry across the world, which, in turn, is positively impacting the demand for automotive cylinder liners. Commercial vehicle growth is primarily influenced by the expansion of e-commerce and the increasing use of commercial vehicles for transportation. Aside from that, rising industrialization and infrastructure development, which support advancement and development in the automotive industry, are driving market growth for commercial vehicles.

According to the International Organization of Motor Vehicle Manufacturers, the global sales of new commercial vehicles touched 24.1 million units in 2022.

Furthermore, rising demand for hydrogen electric commercial vehicles across major regions is pushing cylinder liner manufacturers to develop advanced technology. Several key players are introducing cylinder liner technology for hydrogen-electric trucks, boosting market growth. Vehicle scrappage programs and stringent regulatory norms for vehicle length and loading limits, among other parameters, are also expected to drive the growth of the market.

Asia-Pacific is expected to dominate the consumption of automotive cylinder liners, owing to the increased potential of the automotive industry in India and China. Many countries across the world, such as the United States, source their raw materials and engine components from China, Japan, and other economies to assemble them under complete engine chambers. With rising automotive sales and production, the region's demand for cylinder liners is expected to remain high.

Automotive Cylinder Liner Industry Segmentation

A cylinder liner is a part of the engine assembly that is fitted to the engine block to form the cylinder. In addition, the liner plays a pivotal role in providing smoothness to the reciprocating surface during engine operation.

The automotive cylinder liner market is segmented by material type, fuel type, contact, vehicle type, engine capacity, and geography. By material type, the market is segmented into cast iron, stainless steel, aluminum, and titanium. By fuel type, the market is segmented into gasoline and diesel. By contact, the market is segmented into wet cylinder liners and dry cylinder liners. By vehicle type, the market is segmented into passenger cars, light commercial vehicles, and medium and heavy-duty commercial vehicles. By geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.

The report offers the market sizes and forecasts in terms of value (USD) for all the above-mentioned segments.