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Automotive Actuators Market Forecasts, Trends, and Competitive Landscape, 2019-2025
Automotive Actuators Market
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The increasing popularity of autonomous cars owing to safety features is creating a high demand for actuators. The automotive actuators market is witnessing significant developments due to increased utilization of sensors, control units, and actuators in autonomous cars. The leading players in the industry are encouraging the application of these components in self-driven cars.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Hella KGaA Hueck & Co.,
2. Aptiv PLC
3. Robert Bosch GmbH
4. Wabco Holdings Inc.,
5. Denso Corporation
6. Mitsubishi Electric Corporation
7. Continental AG
8. Nidec Corporation
9. Sonceboz SA
The throttle application in the automotive actuators market is expected to grow rapidly due to the implementation in proportionate throttle operations. Such integrations provide features, such as traction control, stability control, cruise control, and high performance, of the vehicle. Fuel injection application involves smooth flow of fuel to the engine, which supports in increasing fuel economy of vehicles. The function of fuel injector with throttle actuator and electronic control unit support in enhancing the vehicle performance.
Passenger cars are gaining high traction in the automotive actuators market owing to the increased need of safety features. Increasing road fatalities across the globe led to the implementation of these components to enhance safety, thereby supporting the industry growth.
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The Asia Pacific automotive actuators market is expected to grow rapidly owing to high production capabilities in the automotive sector. China, Japan, and India are witnessing high demand for passenger cars supporting the industry growth. Autonomous cars are gaining high popularity in this region owing to safety and technically advanced features supported by sensors and actuators. In 2017, Singapore introduced an amendment to its Road Traffic Act that granted permission for self-driving vehicles to be tested on public roads.
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