Automotive Actuators Market to Cross US$ 38.3 Billion at 6.6% CAGR by 2032, States Fact.MR

According to research insights, the automotive actuators market is expected to register 6.8% CAGR during the forecast period 2018-2027. This impressive growth is highly motivated by increased traction from the air conditioning system application. Furthermore, active innovations across HVAC system targeted towards supreme efficiency is expected to steer growth in several top-listed regional markets.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭-
https://www.factmr.com/connectus/sample?flag=S&rep_id=297

𝐂𝐨𝐦𝐩𝐚𝐜𝐭 𝐏𝐚𝐬𝐬𝐞𝐧𝐠𝐞𝐫 𝐂𝐚𝐫𝐬 𝐃𝐞𝐥𝐢𝐯𝐞𝐫 𝐇𝐢𝐠𝐡𝐞𝐫 𝐒𝐚𝐥𝐞𝐬 𝐟𝐨𝐫 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐀𝐜𝐭𝐮𝐚𝐭𝐨𝐫𝐬

The rising demand for compact passenger cars is directly impacting the sales of automotive actuators since they are marked as the largest users of this particular automobile component. Focusing on the strong forecasted growth during the assessment period, compact passenger cars are likely to present an incremental opportunity. Interestingly, the contribution from mid-sized passenger cars is also projected to benefit the global automotive actuators market in the coming years.

𝐀𝐏𝐄𝐉 𝐄𝐦𝐞𝐫𝐠𝐞𝐬 𝐚𝐬 𝐏𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧

With a stern look at the regional stretch of the automotive actuators market, Asia-Pacific Excluding Japan (APEJ) is likely to shine as the leading market during the forecast period. The report highlights that, the APEJ region is projected to exceed US$ 12,500 Mn by 2027-end. Such forecasted growth is accredited to primary drivers like stringent regulations on emission and fuel consumption that has triggered the demand for automotive actuators in the target region.

𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐒𝐡𝐚𝐫𝐞 𝐟𝐫𝐨𝐦 𝐏𝐧𝐞𝐮𝐦𝐚𝐭𝐢𝐜 𝐀𝐜𝐭𝐮𝐚𝐭𝐨𝐫𝐬 𝐇𝐢𝐭 𝐄𝐱𝐭𝐫𝐚𝐨𝐫𝐝𝐢𝐧𝐚𝐫𝐲 𝐋𝐞𝐯𝐞𝐥𝐬

Electric actuators or gear motors have experienced a notable demand increase since they hold potency to balance high operational and maintenance cost of hydraulic and pneumatic automotive actuators. It is important to know that, revenues from pneumatic actuators are expected to be twice as those of electric actuators by 2027-end. Moreover, revenues from electromagnetic automotive actuators are likely to remain moderately low; however sales rate from such versions are predicted to remain promising until 2027.

As the report concludes, readers can access data points linked to the competitive scenario active across the global automotive actuators market. The major companies mentioned in the study are BorgWarner Inc., Aptiv Plc, Denso Corporation, CTS Corporation, Continental AG and a lot more. Each of these market players is examined in terms of company overview, SWOT analysis, key developments, key financials and product overview. The overall research report is a smart representation of the global automotive actuator market together with future trends and anticipated transformations due to technological advancements, market expansions etc.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭-
https://www.factmr.com/connectus/sample?flag=RM&rep_id=297

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

Fact.MR profiled the following key automotive actuator manufacturers in its report are, Delphi Automotive, Mitsubishi Corporation, Denso Corporation, Robert Bosch GmBH, Continental AG, HELLA GmBH & Co. KGaA, Johnson Electric Holdings Limited, CTS Corporation, CVEL Automotive electronics, Hitachi Ltd., Dover Flexo Electronics, Inc., Tolomatic Inc., Kenko E Motion And Actuators and Creative Motion Control are identified as key players manufacturing automotive actuators.

To increase the adoption across the lucrative areas, the above mentioned companies' uses a combination of organic & inorganic methodologies, in addition to partnerships and collaborations with prominent end use verticals such as automotive manufacturers.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐚𝐫𝐞:

In 2022, Continental AG had partnership with Arkamys to improve the audio solutions in vehicles where continental sound type of automotive actuators were installed in a demo vehicle firstly fortified with conventional commodity speakers.
In 2021, Continental AG and Sennheiser had launched speaker less audio system for the interior of vehicles, where Sennheiser titles to make an immersive audio with the help of automotive actuators inside the vehicle to produce sound.
In 2019, HELLA GmbH & Co. KGaA extended its electronics capability in the area of distinctive applications. The company expanded its portfolio ranging from sensors, energy management and automotive actuators through body electronics right up to assisting the driver systems.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

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