Product Code: ETC085843 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Automotive Flywheel Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 14.36% in 2025, the market peaks at 15.24% in 2027, and settles at 14.39% by 2029.
The India Automotive Flywheel Market is projected to grow at a CAGR of 7.4% during the forecast period. The growth of the India automotive industry and stringent emission norms are some of the major factors driving the demand for flywheels in India. Moreover, increasing investments in electric vehicles along with government initiatives such as Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME) scheme has further witnessed an increase in demand for advanced technology components like flywheels. Additionally, increased research & development activities towards improving fuel efficiency are expected to drive the growth of Automotive Flywheel Market over the forecast period.
1. Increasing demand for Flywheels in Automotive Applications: The growth of the automotive industry, coupled with increasing consumer preference for advanced technologies such as hybrid and electric vehicles, is driving the demand for flywheel technology in automotive applications. This has resulted in greater investment and increased research and development activities to make this technology more efficient, reliable, and cost effective. 2. Growing Need for Energy Storage Solutions in Electric Vehicles (EVs): The growing need for energy storage solutions due to increasing penetration of EVs is expected to drive the market growth during the forecast period. EV manufacturers are focusing on improving battery life, which can be achieved by using a flywheel-based KERS system instead of traditional lithium-ion battery systems. Additionally, governments across various countries are providing tax benefits and subsidies for using renewable energy sources such as flywheels based KERS systems that further propels its adoption among automakers around the world.
1. High Initial Investment & Maintenance Costs: Despite numerous advantages offered by flywheels over conventional energy sources such as batteries or fuel cells, they require high initial investment costs compared to other alternatives owing to expensive raw materials used their production process; hence hampering its commercialization prospects in certain regions where economy does not support it yet.. Furthermore, maintenance costs associated with these products are also high owing to their complex nature that requires professional technicians specialized knowledge along with necessary tools equipment???s required for repair & service procedures hindering its wider scale adoption among end users globally
Major players operating in the India Automotive Flywheel market include FTE Automotive, LuK India Pvt Ltd., Eaton Corporation plc., Schaeffler Technologies AG & Co KG, Robert Bosch GmbH, Aisin Seiki Co., Ltd., Valeo SAEntrainement Mecanique SAS among others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automotive Flywheel Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Flywheel Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive Flywheel Market - Industry Life Cycle |
3.4 India Automotive Flywheel Market - Porter's Five Forces |
3.5 India Automotive Flywheel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Automotive Flywheel Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 India Automotive Flywheel Market Revenues & Volume Share, By Transmission Technology, 2021 & 2031F |
3.8 India Automotive Flywheel Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.9 India Automotive Flywheel Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 India Automotive Flywheel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Automotive Flywheel Market Trends |
6 India Automotive Flywheel Market, By Types |
6.1 India Automotive Flywheel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Flywheel Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 India Automotive Flywheel Market Revenues & Volume, By Single Mass, 2018 - 2031F |
6.1.4 India Automotive Flywheel Market Revenues & Volume, By Dual Mass, 2018 - 2031F |
6.1.5 India Automotive Flywheel Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 India Automotive Flywheel Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Flywheel Market Revenues & Volume, By Cast Iron, 2018 - 2031F |
6.2.3 India Automotive Flywheel Market Revenues & Volume, By Maraging Steel, 2018 - 2031F |
6.2.4 India Automotive Flywheel Market Revenues & Volume, By Aluminium Alloy, 2018 - 2031F |
6.3 India Automotive Flywheel Market, By Transmission Technology |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Flywheel Market Revenues & Volume, By Manual Transmission, 2018 - 2031F |
6.3.3 India Automotive Flywheel Market Revenues & Volume, By Semi-Automatic Transmission, 2018 - 2031F |
6.3.4 India Automotive Flywheel Market Revenues & Volume, By Automatic Transmission, 2018 - 2031F |
6.4 India Automotive Flywheel Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 India Automotive Flywheel Market Revenues & Volume, By OEM, 2018 - 2031F |
6.4.3 India Automotive Flywheel Market Revenues & Volume, By Aftermarket, 2018 - 2031F |
6.5 India Automotive Flywheel Market, By Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 India Automotive Flywheel Market Revenues & Volume, By Passenger Vehicle, 2018 - 2031F |
6.5.3 India Automotive Flywheel Market Revenues & Volume, By Commercial vehicle, 2018 - 2031F |
7 India Automotive Flywheel Market Import-Export Trade Statistics |
7.1 India Automotive Flywheel Market Export to Major Countries |
7.2 India Automotive Flywheel Market Imports from Major Countries |
8 India Automotive Flywheel Market Key Performance Indicators |
9 India Automotive Flywheel Market - Opportunity Assessment |
9.1 India Automotive Flywheel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Automotive Flywheel Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 India Automotive Flywheel Market Opportunity Assessment, By Transmission Technology, 2021 & 2031F |
9.4 India Automotive Flywheel Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.5 India Automotive Flywheel Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 India Automotive Flywheel Market - Competitive Landscape |
10.1 India Automotive Flywheel Market Revenue Share, By Companies, 2024 |
10.2 India Automotive Flywheel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |