Automotive Actuators Market Analysis, Highlights, Key Vendors Insights, and Business Forecast to 2022
Global Automotive Actuators Market by Product Type (Throttle, Power Seat, EGR, Brake, VGT, Wastegate, Grille Shutter, Intake Flap, Electrical Exhaust/Sound Flap) by Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle) by Region – Forecast to 2022
Pune, India – March 1, 2017 /MarketersMedia/ —
Market Highlights
The overall demand for automotive actuators is constantly rising, owing to the growing demand for efficient and battery driven vehicles. Moreover, a growing influence of regulations on vehicle’s carbon emissions and emission ratings on OEMs are some of the major factors responsible for enhancing the global growth of automotive actuators. The increase in the overall vehicle production across the globe, the growing trend of engine downsizing, and increasingly stringent fuel efficiency norms in developing countries are the factors fuelling the growth of the automotive actuators market. The Automotive Actuators Market has witnessed substantial growth in developing as well as developed countries.
Key Players
The key players in global Automotive Actuators Market are as follows:
• Continental AG
• Delphi Automotive
• Denso Corporation
• Hella KGaA Hueck & Co.
• Robert Bosch GmbH
• Stoneridge Inc.
• Wabco Holdings Inc.
• Mitsubishi Electric Company
• Nidec Corporation
• Sonceboz SA
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Scope of the Report
This study provides an overview of the global automotive actuators industry, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Automotive Actuators Market as Product, Vehicle and Region. On the basis of the vehicle type, the global actuators market for automotive application is categorized into the light commercial vehicle, passenger car and heavy commercial vehicle. Based on the product type, the global market is segregated into VGT actuator, EGR actuator, grille shutter actuator, throttle actuator, electrical exhaust or sound flaps actuator, wastegate actuator, power seat actuator, intake flap actuator, brake actuator, thermo module actuator. On the basis of regions, the actuators market for automotive application market is diversified into North America, Europe, Asia Pacific and Rest of the World.
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Market Research Analysis:
The market is highly application based. The actuators market has evolved drastically from working mechanically to automatically. The main factors that are driving the global actuators market for automotive application are the increasing fuel efficiency rules in the developing countries and consumer awareness to use automobiles that are fuel-efficient and give high performance. The automotive market in the recent years has undergone many technological advancements in which the automotive actuators has developed to a great extent and is still developing. The main objective of the automotive industry is to increase the effectiveness and efficiency of the various functional components in the vehicle.
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