An actuator is a part of an electronic control system, which helps in controlling a mechanism or a system by converting the electrical energy into torque. An actuator requires an energy source to function, which can be current, pneumatic pressure, or hydraulic fluid pressure. In engine control systems, the air flaps are controlled by actuators for power optimization. They regulate the idle speed and measure the fuel for optimal combustion. Actuators are also used for other operations, such as to lock and unlock doors, to control boot lids, storage compartments, engine bonnets, and fuel filler flaps.
Automotive Actuators market size is projected to reach US$ 13370 million by 2027, from US$ 12730 million in 2020, at a CAGR of 4% during 2021-2027.
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A full report of Global Automotive Actuators Market is available at: https://www.orionmarketreports.com/automotive-actuators-market/24445/
The following manufacturers are covered in this report:
- Rheinmetall Automotive (Germany)
- Johnson Electric (China)
- Inteva Products (USA)
- Dongfeng Motor Parts and Components Group (China)
- Aisan Industry (Japan)
- Hyundai Kefico (Korea)
- DURA Automotive Systems (USA)
- Eagle Industry (Japan)
- Imasen Electric Industrial (Japan)
- Mikuni (Japan)
Automotive Actuators Breakdown Data by Type
- Wastegate Actuator
- VGT Actuator
- Throttle Actuator
- Brake Actuator
- EGR Actuator
- Power Seat Actuator
- Grille Shutter Actuator
- HVAC Actuator
- Headlamp Actuator
- Others
Automotive Actuators Breakdown Data by Application
- Engine
- Body Control & Interior
- Exterior
Scope of the Report
The research study analyzes the global Automotive Actuators industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Actuators Market Report
1. What was the Automotive Actuators Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Automotive Actuators Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Actuators Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive Actuators market.
- The market share of the global Automotive Actuators market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Actuators market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Actuators market.
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