Press release
Global Trend Shows Automotive Electric Actuators Market to Reach 4400 Million US$ By 2023
This report focuses on the Automotive Electric Actuators in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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The global production of Automotive Electric Actuators is about 82 M Unit in 2016, Europe is the largest production region in 2016, the second largest production region is North America, in short, the Automotive Electric Actuators is mainly produced in developed countries.
The global consumption of Automotive Electric Actuators is about 82 M Unit in 2016; Europe is still the largest consumption region in 2016, the consumption volume is about 30 M Unit; North America is also the second largest consumption region in 2016, the consumption volume is about 23.5 M Unit, the market share is about 29%.
The average price of Automotive Electric Actuators is about 26 USD per Unit in 2016, the average gross margin is about 23.5%, the price shows down trend and the gross margin has the similar trend.
In the future, with the development of technology and improvement of economic level, and the stable demand in fuel cell industry, the Automotive Electric Actuators will have great increase range; the developing countries will be high growth rate market.
Key manufacturers in these regions are Bosch, Denso, Delphi, Magna, Continental, Valeo, Magneti Marelli, Hitachi, Hella, Mahle. Bosch is the largest player with market share of 19% followed by Denso sharing 19% of the market. In the future, more and more companies will enter the market.
The worldwide market for Automotive Electric Actuators is expected to grow at a CAGR of roughly 11.0% over the next five years, will reach 4400 million US$ in 2023, from 2350 million US$ in 2017, according to a new GIR study.
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Market Segment by Manufacturers, this report covers Bosch, Denso, Delphi, Magna, Continental, Valeo, Magneti Marelli, Hitachi, Hella and Mahle.
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Global Damper Actuators Market by Manufacturers, Regions, Type and Application, Forecast to 2023
This report focuses on the Damper Actuators in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
According to this study, The worldwide market for Damper Actuators is expected to grow at a CAGR of roughly 2.2% over the next five years, will reach 1760 million US$ in 2023, from 1540 million US$ in 2017.
Read More on this: https://www.researchbeam.com/global-damper-actuators-by-manufacturers-regions-type-and-application-forecast-to-2023-market?utm_source=OPR&utm_medium=CC
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