Product Code: ETC4572625 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India automotive energy recovery systems market import shipments exhibited a gradual growth trend with a modest CAGR from 2020 to 2024. Notably, there was a significant surge in import shipments between 2023 and 2024, indicating a sudden acceleration in market expansion during that period. Overall, the market showed signs of gaining momentum and expanding steadily over the years.
The India Automotive Energy Recovery Systems Market has been gaining prominence in recent years as automakers and consumers alike prioritize energy efficiency and sustainability. Energy recovery systems, like regenerative braking and waste heat recovery, capture and reuse energy, contributing to reduced fuel consumption and emissions. In India, the push for cleaner and more fuel-efficient vehicles, along with government initiatives, is fostering the adoption of these systems, making it a key segment of the automotive market.
The India Automotive Energy Recovery Systems market is being driven by the increasing focus on environmental sustainability and fuel efficiency. With rising concerns about pollution and the depletion of fossil fuels, there is a growing demand for energy recovery systems that can capture and store energy during braking or deceleration and reuse it to power various vehicle functions. Government regulations promoting the adoption of green technologies also play a pivotal role in driving this market. Furthermore, automakers are increasingly integrating energy recovery systems into their vehicles to meet stringent emission standards and reduce the overall carbon footprint of their products. The India automotive industry is also witnessing a shift towards electric and hybrid vehicles, which rely heavily on energy recovery systems to optimize their energy consumption.
A key challenge in the India automotive energy recovery systems market is adapting to the country`s unique driving conditions and road infrastructure. Developing energy recovery systems that are effective in stop-and-go traffic, variable road quality, and high-temperature environments is essential.
The automotive industry faced economic challenges during the pandemic, impacting investments in advanced energy recovery systems. However, as environmental concerns persist, the market is likely to recover and expand in the long term.
Major players in India automotive energy recovery systems market are Eaton Corporation, Continental AG, Bosch, Tenneco, and Faurecia.
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 Energy Recovery Systems Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Energy Recovery Systems Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive Energy Recovery Systems Market - Industry Life Cycle |
3.4 India Automotive Energy Recovery Systems Market - Porter's Five Forces |
3.5 India Automotive Energy Recovery Systems Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Automotive Energy Recovery Systems Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 India Automotive Energy Recovery Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on reducing carbon emissions and achieving energy efficiency in the automotive sector. |
4.2.2 Government initiatives promoting the adoption of energy recovery systems in vehicles. |
4.2.3 Growing consumer awareness and demand for environmentally friendly vehicles. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing energy recovery systems in vehicles. |
4.3.2 Lack of standardized regulations and policies related to energy recovery systems in the automotive industry. |
4.3.3 Limited infrastructure and support for the development and deployment of energy recovery technologies. |
5 India Automotive Energy Recovery Systems Market Trends |
6 India Automotive Energy Recovery Systems Market, By Types |
6.1 India Automotive Energy Recovery Systems Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Energy Recovery Systems Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Automotive Energy Recovery Systems Market Revenues & Volume, By Regenerative Braking System, 2021-2031F |
6.1.4 India Automotive Energy Recovery Systems Market Revenues & Volume, By Turbocharger, 2021-2031F |
6.1.5 India Automotive Energy Recovery Systems Market Revenues & Volume, By Exhaust Gas Recirculation, 2021-2031F |
6.2 India Automotive Energy Recovery Systems Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Energy Recovery Systems Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.2.3 India Automotive Energy Recovery Systems Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
6.2.4 India Automotive Energy Recovery Systems Market Revenues & Volume, By Electric Vehicles, 2021-2031F |
7 India Automotive Energy Recovery Systems Market Import-Export Trade Statistics |
7.1 India Automotive Energy Recovery Systems Market Export to Major Countries |
7.2 India Automotive Energy Recovery Systems Market Imports from Major Countries |
8 India Automotive Energy Recovery Systems Market Key Performance Indicators |
8.1 Average fuel efficiency improvement percentage achieved by vehicles with energy recovery systems. |
8.2 Number of new vehicle models in the market equipped with energy recovery systems. |
8.3 Percentage of automotive manufacturers investing in research and development of energy recovery technologies. |
9 India Automotive Energy Recovery Systems Market - Opportunity Assessment |
9.1 India Automotive Energy Recovery Systems Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Automotive Energy Recovery Systems Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 India Automotive Energy Recovery Systems Market - Competitive Landscape |
10.1 India Automotive Energy Recovery Systems Market Revenue Share, By Companies, 2024 |
10.2 India Automotive Energy Recovery Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |