GLOBAL PARK LOCK ACTUATOR MARKET

 

KEY FINDINGS

1.   China will be the biggest market in terms of volume but steep growth is expected in emerging economies such as India and Latin America due to rising penetration of automatic vehicles in these regions.​
2.   The Park Lock Actuator market will be strongly influenced by the adoption of Electric Vehicles since the adoption of EVs is more rapid around the world
3.   Many countries and few OEMs have plans to phase out ICE vehicles in the upcoming years and many regions have already mandated the installment of a mechanism apart from the service brake to prevent the unintentional rollaway of the vehicle after it has been parked.   ​
4.   Shift-by-wire systems are becoming increasingly popular in vehicles. These systems use electronic signals to control the transmission, which eliminates the need for a mechanical shift lever. This makes it possible to integrate the park lock actuator into the shift lever, which simplifies the design and reduces the cost of the system​
5.   Brushed DC Motor occupies the major share in the type of motor used in Park Lock Actuators. By the end of the forecast period Brushless DC Motor will occupy the major share in the type of motor used in Park Lock Actuators ​
6.   Dura Automotive, EFI Automotive, Methode Sensor Technologies, Vitesco, Stoneridge, Ficosa, Schaeffler, etc., are the top players in the market.​
7.   The overall market is concentrated by big names and scattered by many tier-2 suppliers such as Parker Haniffin, Rotork, Eaton, MISUMI and others.​

 

INTRODUCTION

The Vehicle when stopped in neutral, park lock seems to be the function that prevents unwanted movement. A short link/shaft that pushes the park lock key in between the two teeth of any of the gears is powered by an electrically controlled solenoid (gearbox or differential gear). The maximum rpm of the car’s tyres during this process is 4.

 

 

The park lock key does not engage if the rpm is higher than this. As a result, when the park lock key is pressed between any of the gear’s two teeth by the park lock actuator, the gear’s rotation is restricted even more.

 

GLOBAL PARK LOCK ACTUATOR MARKET DEVELOPMENTS AND INNOVATIONS

S No	Overview of Development	Development Detailing	Region of Development	Possible Future Outcomes
1	Electrically operated park lock for automatic transmission	The actuator is mechanically separate from the shift actuator that changes the transmission between gear ranges, and it is made up of two high-speed gears.	Global	This would enhance better Technological Controls
2	Advanced Park Actuator to Simplify Adoption of New-Tech Transmissions	Electric vehicle single-speed gearboxes have made putting a car in Park more difficult.	Global	This would enhance better Technological Controls
3	Actuation Solutions for New Energy Vehicle e-Axle	Electric parking lock actuators are key safety subsystems that enable self-parking aid and autonomous driving/parking operations in next-generation vehicle transmissions with park-by-wire systems.	Global	This would enhance better Technological Controls
4	The Actuator e-park lock shift by wire	The EFI creates specialised mechatronic solutions for use in severe environments.	Global	This would enhance better Technological Controls

 

COMPETITIVE LANDSCAPE

Sensors that are trustworthy and accurate are critical to the success of any transmission system constant evolution. Intelligent actuating devices, which execute optimal and smooth gear actuation, are required for high-performance and efficient transmission systems.

 

The parking lock is a safety and security feature that prevents the car from moving unintentionally when the ignition is turned off, as well as providing anti-theft protection. It’s either managed or not. 

 

Stoneridge is a leading mobiliser of the actuator modules in the market. The latest integration has been electromechanical park lock actuators can be employed in hybrid and electric vehicles, as well as in vehicles with advanced driver assistance systems. Park-by-wire systems take over the function that was formerly controlled by the vehicle’s shift lever.

 

It may be tacked on to existing transmissions, which frees up cabin space. These sophisticated actuators are also compatible with ICE vehicles. It has the ability to take over the function ordinarily controlled by the vehicle’s shift lever.

 

Valeo Systems  is part of the component manufacture trending companies in the current industry. Inside dual clutch transmissions, torque converter gearboxes, and variable frequency transmission systems, the park lock actuator activates the device that prohibits parked vehicles from rolling away.

 

In dual clutch gearboxes, the conditioning oil methods were used to collect that oil is properly diverted from of the primary oil flow to cool the dual clutch. In electronically controlled gearboxes and dual clutch transmissions, gear shift cylinders and gear shift modules are used.

 

COMPANIES PROFILED

• Stoneridge Inc.
• Vitesco Technologies
• Efiautomotive
• Oechsler
• Ficosa
• Autoliv Inc.
• Takata Corporation
• Daicel Corporation
• Hyundai Mobis
• Piezo Technologies
• Kistler Group
• Arm Holding
• Borgwarner Inc
• Continental AG
• Denso Corporation
• Robert Bosch Gmbh
• Valeo
• Veoneer Inc
• ZF Friedrichshafen AG