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Production Business Of Auto Piston | |
| Engines' pistons are a crucial component. In order to generate energy, they compress the air and push it into a combustion chamber with fuel. The air is heated by compression, which makes it simpler to ignite the fuel-air mixture. A cylindrical plug that moves up and down the engine cylinder is the piston in an automobile engine. It aids in moving a vehicle by converting the force of gases expanding in the cylinder into rotation. In a car, the crankshaft is connected to the pistons. The major moving components of an engine are the piston and crankshaft together. Pistons come in two varieties: floating and non-floating. While non-floating pistons are completely stationary, floating pistons move in the opposite direction from the crankshaft. Rings are added to pistons to increase durability and decrease friction. Depending on their intended use, these rings may be composed of rubber, metal, plastic, or other materials. Three thin rings around the perimeter can be visible in some engines, although one thick ring may run down the centerline in others. The piston's function is broken down into stages known as strokes. The piston position, which can be found on the top, middle, or bottom of the cylinder, indicates a piston stroke. The sequence of fuel delivery and piston position is a perfectly timed procedure, regardless of the fuel system used in piston engines. Advantages of Establishing the Automotive Piston Industry Automotive pistons are one of those invisible components of an engine, but without them, the engine in your automobile would just be a trash heap of metal. Your car wouldn't move at all without pistons, which are essential to its motion. Because more precise, higher-quality pistons are needed as cars become more technologically advanced, the automotive piston industry has been seeing rapid growth in recent years. A good illustration is the substitution of aluminium for steel in pistons. Due to its lower coefficient of friction, aluminium has superior wear resistance than steel and causes less friction when rotating. Businesses have started making these kinds of aluminium pistons after taking notice. You can be sure that there will always be a market for your goods if you engage in the automotive piston sector. As a result, you won't constantly need to worry about obtaining new clients because you already have a solid consumer base. Additionally, this business will experience tremendous expansion over the next few years due to rising global demand for vehicles and trucks. Currently made investments in car pistons have the potential to be profitable for decades to come. Another reason the auto pistons sector is currently flourishing is that it contributes to job creation. The demand for these products is only going to increase, thus more individuals who can do the job well will also be needed to produce them. In gasoline, diesel, or gas engines, pistons are a vital part of the engine. Air and gasoline are compressed by the piston. Different materials are used to make automotive pistons, however steel or aluminium alloy are most frequently used. Due to an increase in the number of cars on the road, the automotive piston market has boomed recently. This raises the demand for new emissions-compliant pistons and replacement pistons. Indian Market Outlook The desire for higher powerful engines in the automotive industry and the Indian piston and piston ring market have been the two factors most responsible for the market's rapid growth. Major investments will be attracted domestically and globally due to the expanding infrastructure, expanding domestic car market supported by new model launches, rising purchasing power, and stabilising political environment. Global Market Outlook The increased demand from the automotive industry helped the worldwide automotive piston market reach a value of USD 4.6 billion in 2020. In the projected period of 2022–2027, the market is anticipated to continue expanding, expanding at a CAGR of 4%, helped by the increased R&D activities. The demand for new engines is further increased by the fact that they frequently have more pistons than traditional engines because of fuel-saving technologies like turbochargers and dual-clutch transmissions. Over the coming years, the market is likely to develop as a result of factors such rising aftermarket service demand and rising automotive piston demand in emerging nations. The demand for lighter parts like engines, pistons, and gearboxes has increased as a result of the growing need for fuel efficiency. Conclusion Since a few years ago, the automotive piston market has grown significantly, and it doesn't appear to be slowing down anytime soon. The comeback of the auto industry in recent years has only increased demand for new pistons. As a result, whether you're an engineer or a businessperson wishing to invest in projects involving pistons, there are several prospects in this sector. To stay competitive, piston makers should think about making a research and development investment. As more automobiles are built, the market for auto pistons will expand, thus it's critical that supply keep up. Key Players: • 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. • Shriram Pistons and Rings Limited | |
| Plant capacity: Aluminium Alloy Piston Dia 50mm: 900,000 Nos Per Annum, Aluminium Alloy Piston Dia 70mm: 900,000 Nos Per Annum | Plant & machinery: 348 Lakhs |
| Working capital: - | T.C.I: Cost of Project: 2890 Lakhs |
| Return: 36.00% | Break even: 31.00% |
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