Below are some of the key findings from the automotive actuators market analysis report
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Global automotive actuators market industry overview
The increasing demand for fuel-efficient vehicles is one of the factors expected to trigger the automotive actuators market’s growth in the forthcoming years. Manufacturers are ramping up several features in the vehicles to meet the growing need for safety, convenience, and comfort among the consumers. The adoption of technological advancements, such as continuous variable transmission and all-wheel drive vehicles, has further led to the integration of advanced features in the entry-level and mid-segment cars. As a result, automotive manufacturers are increasingly making various developments to meet the rising demand for fuel-efficiency. For instance, the variable valve timing engine allows the camshaft, and valve timing for ensuring the engine delivers more power and efficiency under light load conditions. Consequently, the rising improvements with the integration of advanced technologies in the existing systems will drive the automotive actuators market to register a CAGR of over 8% during the forecast period.
Top automotive actuators market companies covered in this market research report
The automotive actuators market is moderately fragmented owing to the presence of several market players. These players are leveraging advanced technologies to offer high-quality products to meet the evolving needs of the end-user industries. By providing a complete analysis of the market’s competitive landscape and with information on the applications offered by the companies, this industry analysis report will allow the clients to identify new growth opportunities and design innovative strategies for improving their share in the market.
The report offers a complete analysis of various companies including:
- Bosch
- Continental
- Delphi Technologies
- DENSO
- HELLA
- Mitsubishi Electric
Automotive actuators market segmentation based on geographic regions
- Americas
- APAC
- EMEA
APAC will account for the highest growth of this market throughout the forecast period.
Automotive actuators market segmentation based on application
- Body control, interior, and exterior
- Engine
- Chassis
The body control, interior, and exterior segment will account for the highest growth in the automotive actuators market. The report also provides an accurate prediction of the contribution of the various application segments to the growth of the automotive actuators market size.
Key highlights of the global automotive actuators market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the automotive actuators market during the next five years
- Precise estimation of the global automotive actuators market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive actuators market industry across various geographies such as the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of automotive actuators market companies
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