January 27, 2021

Piston

“Piston Automotive is honored to be recognized by Ford Motor Company for both the Diversity Supplier of the Year Award and the Fitness Production Award.  Piston Automotive is a leading MBE focused on complex module assemblies and value creation. Our dedicated team champions innovation and delivers on best in class performance that ultimately drives Piston Automotive’s success. These awards reflect the close collaboration and commitment to deliver on flexible and high-quality solutions to our customers’ most complex challenges.

It is our mission to leave things better then when we found them, this means giving people better jobs, an opportunity for a better life and as a business it means finding the right partners to work with to better the communities that we live and work in. We are proud to be a supplier to Ford Motor Company, a company that shares our principles, values and dedication to social equity,” said Vinnie Johnson, Founder, Chairman and CEO of the Piston Group.

“Ford’s annual World Excellence Awards recognize our top-performing suppliers for their contributions to our success,” said Hau Thai-Tang, chief product platform and operations officer. “Congratulations to Piston Automotive for being a recipient of this coveted award. Thank you for all that you do in support of Ford Motor Company.”

Honorees were recognized for achieving the highest levels of global excellence in categories, including:

  • Primary brand pillar awards in winning portfolio, propulsion choices, autonomous technology and connected services categories
  • Fitness awards for suppliers that most exemplify the framework’s principles, with an emphasis on quality, value and innovation
  • Special recognition for suppliers that deliver results exceeding expectations
  • Diverse supplier of the year and supplier diversity development corporation of the year for suppliers that excel in integrating diversity into their organization and business process
  • Sustainability supplier of the year for a supplier that improves the business environment
  • Gold and silver for supplier manufacturing sites demonstrating superior quality, delivery and cost performance throughout the year

Piston Automotive
A Piston Group Company

SOURCE Piston Automotive

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Automotive Piston Market Size And Forecast

According to Verified Market Research, the Global Automotive Piston Market was valued at USD 8.70 Billion in 2018 and is projected to reach USD 13.06 Billion by 2026, growing at a CAGR of 5.18% from 2019 to 2026.

What is Automotive Piston?

The Piston is the vital moving component which is constituted in the cylinder to tighten the gas by piston rings in the automobile engine. It is utilized in the gas compressors, reciprocating pumps, and engines and in pneumatic cylinders. The piston system enables the transfer of force generated to the crankshaft through the connecting rod, which in response drives the wheels of the vehicles. It is majorly used in the automotive industry.

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Automotive Piston Market OverviewAutomotive Piston Market OverviewGlobal Automotive Piston Market Outlook

In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The Automotive Piston Market is experiencing significant growth owing to the increasing demand for vehicle production. In addition, the growing demand for the lightly weighted piston is another factor propelling market growth. Moreover, the increasing technological advancement in the piston system such as the introduction of the cooling channel in the automotive piston is another factor imposing a positive outlook on the market. However, the growing penetration of electric vehicles is expected to hamper the market growth.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Automotive Piston Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Automotive Piston Market Competitive Landscape

The “Global Automotive Piston Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as KSPG AG, Aisin-Seiki Co. Ltd., Capricorn Automotive, Mahle Gmbh, Hitachi Automotive Systems, Federal-Mogul, Indian Piston Limited, Shriram Piston and Rings, Arias Piston, and Ross Racing Piston. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Automotive Piston Market, By Piston Type

• Trunk Piston
• Slipper Piston
• Deflector Piston
• Crosshead Piston

Automotive Piston Market, By Piston Coating Type

• Dry Film Lubricating Coating Piston
• Oil Shedding Coating Piston
• Thermal Barrier Coating Piston

Automotive Piston Market, By Vehicle Type

• Commercial Vehicle
• Heavy Commercial Vehicle
• Light Commercial Vehicle
• Passenger Vehicle
• Two-Wheeler

Automotive

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