Automotive Actuators Market Size, Competitive Landscape, Revenue Analysis, 2021–2027

The growth of the market is attributed to growing demand for advanced automation systems coupled with increasing inclination towards fuel-efficient vehicles

The Global Automotive Actuators Market is projected to reach USD 41.09 billion by 2027, according to a recent report by Emergen Research. Rising automation and medical aid within the automotive trade area has been increasing the demand for vehicles with advanced options and property.

The growth of the market is attributed to growing demand for advanced automation systems coupled with increasing inclination towards fuel-efficient vehicles

The new age passenger vehicle is provided with over 124 motor units in order to manage varied applications like light source positioning, grill shutter, seat adjustment, HVAC systems, and fluid and refrigerant valves, among others. Actuators play a key role in activating these applications as they convert an electrical signal into the specified linear and movement to supply the specified physical movement. Passenger cars, one among the segments analyzed by our analysts and sized during this study, displays the potential to grow manifold owing to increased demand of small vehicles across various parts of the globe.

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Key Highlights From The Report

  • Linear actuators pose a longer term of the automated actuators market as a result of they will be employed in machinery, valves and different places wherever linear motion is needed. Since the automation is rising and manufacturing plant automation is combined with the web of things the utilization of linear actuators is rising.
  • Within Europe, that continues to stay a vital part within the world economy, Federal Republic of Germany can add over USD 317.4 Million to the region's size and clout within the next five to six years, as a result of its magnified demand for vehicles and technologically aware shoppers. Over USD 277.2 Million price of projected demand within the region can return from the remainder of the ecu markets. In Japan, traveler Cars can reach a market size of USD 819.2 Million by the shut of the analysis amount.
  • BorgWarner introduced its next generation of throttle actuators in March 2019. It is an intelligent cam force propulsion (iCTA)—delivering higher fuel economy and reduced emissions with its innovative technology. iCTA combines edges of cam force propulsion and torsional assist. This technology is predicted to initial seem on a spread of vehicles from 2 major vehicle makers in China and North America in 2019 and 2020.
  • Key participants include Denso Corporation, Nidec Corporation, Robert Bosch GmbH, Johnson Electric, Mitsubishi Electric Corporation, Honeywell, Curtis-Wright, Flowserve, Emerson Electronic and SMC.

as well as new entrants in the market. It focuses on the recent mergers acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

Report Highlights:

  • The report conducts a comparative assessment of the leading market players participating in the global Automotive Actuators Market .
  • The report marks the notable developments that have recently taken place in the Automotive Actuators Market industry
  • It details on the strategic initiatives undertaken by the market competitors for business expansion.
  • It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Automotive Actuators Market value chain.
  • The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.

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Emergen Research has segmented into the global Automotive Actuators Market on the basis of vehicle type, applications and region:

  • Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
    • Passenger Cars
    • Commercial Vehicles
  • Applications Outlook (Revenue, USD Billion; 2017-2027)
    • Throttle Actuator
    • Seat Adjustment Actuator
    • Brake Actuator
    • Closer Actuator
    • Others

Regional Outlook: (Revenue, USD Billion; 2018-2028)

North America (U.S.) (Canada) (Mexico)

Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)

Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)

Latin America (Brazil) (Rest of LATAM) 

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.

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Table of Contents:

Chapter 1 includes an introduction of the global Automotive Actuators Market, along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.

Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.

Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.

In Chapter 4, our team has fragmented the Automotive Actuators market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.

Chapters 5 and 6 have laid emphasis on the Automotive Actuators market segmentation based on product type and application

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

Look Over transcripts provided by Emergen Research

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