What is Automotive Sleeve Market?
The automotive sleeve is a cylinder liner installed to prevent the damage of the walls of the cylinder inside an engine block. It is also used to restore bore size of a cylinder. These sleeves are widely used in the automobile industry for delivering low in general load to the vehicle. It has various features such as high tolerance, durable finish standards and others.
Highlights from Automotive Sleeve Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Tenneco (United States), Magneti Marelli (Italy), Nippon Piston Ring (Japan), Darton Sleeves (United States), Melling (United States), PowerBore (United States), L.A.SLEEVE (United States), Westwood Cylinder Liners (United Kingdom), Metallic Auto Liners (India) and Sona Group (India) |
Automotive Sleeve is a fragmented market due to the presence of a large number of established competitors. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Automotive Sleeve market throughout the forecasted period.
Tenneco (United States), Magneti Marelli (Italy), Nippon Piston Ring (Japan), Darton Sleeves (United States), Melling (United States), PowerBore (United States), L.A.SLEEVE (United States), Westwood Cylinder Liners (United Kingdom), Metallic Auto Liners (India) and Sona Group (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are MAHLE (Germany). Automotive Sleeve Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Passenger Cars, Commercial Vehicles and Others |
Type | Dry Sleeves, Wet Sleeves and Finned Sleeves |
Distribution Chanel | Online,Offline |
On the basis of geography, the market of Automotive Sleeve has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Demand for Fuel-Efficient Vehicles
Market Growth Drivers:
Increased Demand for Vehicles and Automotive Sleeves Helps To Improve Engine Performance
Challenges:
Slowdown of the World Economy May Hamper the Market Growth
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growth in the Automobile Industry Worldwide and Technological Advancements in the Engine Technology
Key Target Audience
Automotive Sleeve Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/Buyers, Product Suppliers/Buyers, Distributors, Government Body & Associations and End-user
Market Leaders & Development Strategies
In February 2022, Tenneco was acquired by Apollo Funds. Tenneco has transformed its business to succeed in the environment. This transaction marks an important milestone and will provide a new and exciting platform to continue our global strategy in the evolving and dynamic mobility landscape.
In March 2019, Solvay displayed a thermoplastic composite steering knuckle prototype on the stand at JEC World. A prototype manufactured by Magneti Marelli, the component is a first of its kind and the result of close collaboration between the two companies.