Market Trends of India Automotive Pneumatic Actuators Industry
Growing Demand for Throttle Actuators
The throttle valve actuator generally controls the volume or amount of air that enters the engine for combustion primarily based on accelerator input. The rise in demand for engine management systems in vehicles is likely to increase in demand for pneumatic actuators in the coming years.
With the growing need for reduced emission levels from vehicles, the demand for compact and lightweight EGR actuators and throttle actuators is likely to grow during the forecast period from both ICE and hybrid electric vehicles.
Hybrid Electric Vehicles are being received positively from the consumers' end, as these vehicles offer better fuel economy when compared to conventional IC engine vehicles. The automotive industry has also ramped up the production of hybrid vehicles as a measure to reduce emissions, owing to the mounting pressure from regulatory authorities, which is likely to witness major growth for the market during the forecast period.
Conventional diesel engines implement sophisticated fuel management systems, such as integrated throttle control units. These engines are popular due to their increased efficiency, enhanced functionality, increased operational safety, and reduced carbon emissions.
Advanced throttle actuators provide the ability to integrate throttle control with other vehicle functions. These systems in SUVs allow the engine speed to be monitored for smooth driving over different terrains.
Products, such as the Electronic Throttle Control 12 by Continental, have high performance, low weight in a small package, low leakage, and are capable of turbo applications due to their high torque. Failures in throttle actuator systems have occurred, such as accidents reported in cars by Tesla and Toyota due to faulty sensors that may lead to a lack of response from the throttle actuators due to high resistance to acceleration given by the driver.
Passenger Cars Leading the Market
India is the 4th largest producer of automobiles in the world, with an average annual production of more than 4 million motor vehicles. Due to the rise in middle-class income and the rising young population, the Indian automobile market is expected to witness strong growth.
The Indian government's severe rules in response to rising levels of vehicular emissions and increased demand for environmentally friendly automobiles are likely to drive market expansion over the forecast period. Owing to the initiative, many carmakers are also investing in India under various schemes.
The most prominent actuator applications in the region are wiper motors, power window motors, door actuators, seat motors, and brake actuators. Rear door actuators and body actuators are the other two types of actuators most commonly used in passenger vehicles in this country.
Denso is a major company in this country and supplies actuator systems to Suzuki and Toyota India. Its products include transmission control systems that transmit engine motive energy to the wheels. This system includes automatic transmission shift-by-wire systems, which process the driver's shift operation electronically. This has increased the ease of operation and reduced the lever size.
Stringent IRAI regulations for the reduction of emissions and fuel consumption are leading to the use of electric vehicles. This reduces the market for fuel-powered vehicles, in which actuators are used. The expanded production capacities in vehicle manufacturing plants in India are expected to drive auto manufacturers and provide them with an opportunity to source actuator systems from within the country.
Indian companies are also working on research and development activities to develop new products, which would positively impact target market growth during the forecast period. For instance,
- In August 2022, India's largest automaker, Maruti Suzuki, confirmed that it would soon introduce the first electric vehicle by the end of 2025.
Stringent regulations have turned attention to electric and hybrid cars, resulting in the exponential expansion of these vehicles, as well as electric SUVs, in recent years. Many automakers are introducing electric SUVs into the market, which is likely to enhance the demand for pneumatic actuators in the coming years.
- In October 2022, BYD announced its debut in the Indian passenger car market with the launch of the Atto 3, an electric sport-utility vehicle. It aims to begin vehicle deliveries in January. With 24 existing dealership showrooms with partners across the nation, the world's top EV producer has set a goal of selling 15,000 electric SUVs in India next year and capturing 40% of the country's EV market by 2030.
With the above-mentioned developments across the country, the market across the country is witnessing major growth during the forecast period.
