02-11-2019 01:11 PM CET - Business, Economy, Finances, Banking & Insurance

Global Automotive Electric Actuators Market 2019 is growing at a CAGR of 11.0% upto 2024 and expected to reach around USD 4400 million globally by 2024

Press release from: Apex Market Research
Global Automotive Electric Actuators Market
Global Automotive Electric Actuators Market

An actuator is a component of a machine that is responsible for moving or controlling a mechanism or system.
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;

According to this study, over the next five years the Automotive Electric Actuators market will register a 11.0% CAGR in terms of revenue, the global market size will reach US$ 4400 million by 2024, from US$ 2350 million in 2019.

Apex Market Research, recently published a detailed market research study focused on the “Automotive Electric Actuators Market 2019” across the global, regional and country level. Automotive Electric Actuators Market Research Report highlights extensive market insights of the Automotive Electric Actuators industry, which offers definitions and a diverse range of market structures and characteristics, historic and present market values along with the expected future growth of the Automotive Electric Actuators market for the forecast period. The study shares “Automotive Electric Actuators” performance both in terms of volume and revenue.

Key Manufacturers Analysis of This Report
Magneti Marelli

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The report exhibits Automotive Electric Actuators market across diverse regions (including the regions India, Japan, South East Asia, Europe, China and USA). In this section, major attributes such as region-wise Automotive Electric Actuators production value and techniques, consumption, export/import details, growth rate from 2013 to 2018, market structure and status and SWOT analysis are included. Moreover, the research study categorizes the Automotive Electric Actuators Market based on major product types, application and end users industries of Automotive Electric Actuators. Besides, the report also covers geographical segregation for Automotive Electric Actuators Market. The report further provides production, capacity, price per region, gross margin, production cost, for all major regions and countries listed in report.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Throttle Actuator
Fuel Injection Actuator
Brake Actuator

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Passenger Vehicle
Commercial Vehicle

The competitive landscape of the global market for Automotive Electric Actuators is analyzed by assessing the major industry participants, production capacity, production capacity utilization rate, Automotive Electric Actuators Market’s production chain, pricing by each manufacturer and the revenue produced by each manufacturer in the Automotive Electric Actuators Market globally.

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The Global Automotive Electric Actuators Market 2019 is further emphasis on the basis of product pricing, Automotive Electric Actuators production volume, data pertaining to demand and Automotive Electric Actuators supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of Automotive Electric Actuators along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for Automotive Electric Actuators across the globe.

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