Press release
Global Turbo Actuator Market Growth analysis, key manufacturers, business overview, market insights, trends and forecast period 2018-2025
Turbo actuator which is also known as wastage actuator which is a simple but does a vital job, it acts like a pressure relief valve that can control and boost output of the turbo which diverts excess exhaust gas away from the turbine wheel, this controls the speed of the turbine which regulates the speed of the compressor and prevents it from over-speeding.
The growth of turbo actuator is majorly driven by the automobile industry as the turbo actuators are majorly used in turbochargers in the engines of automobiles.
The global Turbo Actuator market was million US$ in 2017 and is expected to million US$ by the end of 2025, growing at a CAGR between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Turbo Actuator in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Mitsubishi Electric
MAHLE Group
Electronic Turbo Actuators
Turbo Developments
SHENGYI INDUSTRY
EAGLE INDUSTRY
Turbo Rebuild
Turbocentras
AET Turbos
Turbo Vanes
Delphi Automotive
Continental
Denso corporation
NOOK industries
Robert Bosch
By the product type, the market is primarily split into
Manual Turbo Actuator
Pneumatic Turbo Actuator
Electric Turbo Actuator
Hydraulic Turbo Actuator
By the end users/application, this report covers the following segments
Automotive
Aerospace
Heavy Equipment
Others
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