Market Size of Automotive Cylinder Liner Industry
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Study Period | 2019 - 2029 |
Market Size (2024) | USD 5.40 Billion |
Market Size (2029) | USD 7.52 Billion |
CAGR (2024 - 2029) | 6.87 % |
Fastest Growing Market | Middle East and Africa |
Largest Market | Asia-Pacific |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
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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.
By Material Type | |
Cast Iron | |
Stainless Steel | |
Aluminum | |
Titanium |
By Fuel Type | |
Gasoline | |
Diesel |
By Contact | |
Wet Cylinder Liner | |
Dry Cylinder Liner |
By Vehicle Type | |
Passenger Cars | |
Light Commerical Vehicles | |
Medium and Heavy-duty Commercial Vehicles |
By Geography | |||||||
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Automotive Cylinder Liner Market Size Summary
The automotive cylinder liner market is poised for significant growth over the forecast period, driven by the increasing sales of commercial vehicles and the expanding vehicle parc globally. The growth of the commercial vehicle segment is largely attributed to the rise of e-commerce and the growing reliance on commercial transportation. Additionally, industrialization and infrastructure development are further propelling the automotive industry's advancement, thereby boosting the demand for automotive cylinder liners. The market is also witnessing a push towards advanced technologies, particularly with the rising demand for hydrogen-electric commercial vehicles, prompting manufacturers to innovate in cylinder liner technology. Regulatory measures and vehicle scrappage programs are expected to contribute to market expansion as well.
The Asia-Pacific region is anticipated to lead in the consumption of automotive cylinder liners, fueled by the robust automotive sectors in India and China. The region's demand is supported by the high vehicle sales and production rates, with countries like India emerging as major automobile exporters. The increasing urbanization and preference for personal transportation in developing nations are expected to further drive market growth. However, the shift towards electric vehicles and stringent emission regulations pose challenges to the market's expansion. Despite these challenges, the demand for automotive cylinder liners is expected to remain strong, supported by ongoing investments and developments in the automotive industry. The market is characterized by moderate fragmentation, with key players investing in research and development to enhance product efficiency and profitability.
Automotive Cylinder Liner Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.1.1 Rising Sales of Commercial Vehicles
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1.1.2 Others
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1.2 Market Restraints
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1.2.1 Rapid Adoption of Electric Vehicles
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1.2.2 Others
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size in Value - USD)
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2.1 By Material Type
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2.1.1 Cast Iron
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2.1.2 Stainless Steel
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2.1.3 Aluminum
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2.1.4 Titanium
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2.2 By Fuel Type
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2.2.1 Gasoline
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2.2.2 Diesel
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2.3 By Contact
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2.3.1 Wet Cylinder Liner
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2.3.2 Dry Cylinder Liner
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2.4 By Vehicle Type
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2.4.1 Passenger Cars
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2.4.2 Light Commerical Vehicles
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2.4.3 Medium and Heavy-duty Commercial Vehicles
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2.5 By Geography
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2.5.1 North America
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2.5.1.1 United States
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2.5.1.2 Canada
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2.5.1.3 Rest of North America
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2.5.2 Europe
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2.5.2.1 Germany
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2.5.2.2 United Kingdom
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2.5.2.3 France
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2.5.2.4 Spain
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2.5.2.5 Rest of Europe
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2.5.3 Asia-Pacific
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2.5.3.1 India
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2.5.3.2 China
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2.5.3.3 Japan
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2.5.3.4 South Korea
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2.5.3.5 Rest of Asia-Pacific
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2.5.4 Latin America
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2.5.4.1 Mexico
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2.5.4.2 Brazil
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2.5.4.3 Argentina
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2.5.4.4 Rest of Latin America
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2.5.5 Middle East and Africa
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2.5.5.1 United Arab Emirates
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2.5.5.2 Saudi Arabia
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2.5.5.3 Rest of Middle East and Africa
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Automotive Cylinder Liner Market Size FAQs
How big is the Automotive Cylinder Liner Market?
The Automotive Cylinder Liner Market size is expected to reach USD 5.40 billion in 2024 and grow at a CAGR of 6.87% to reach USD 7.52 billion by 2029.
What is the current Automotive Cylinder Liner Market size?
In 2024, the Automotive Cylinder Liner Market size is expected to reach USD 5.40 billion.