Press release
Global AGS Actuator Market Forecast 2024-2031: Growth Fueled by Smart Mobility, Precision Engineering, and Electrification Trends
AGS Actuator Market SizeThe global market for AGS Actuator was valued at US$ 669 million in the year 2024 and is projected to reach a revised size of US$ 1425 million by 2031, growing at a CAGR of 11.3% during the forecast period.
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This report aims to provide a comprehensive presentation of the global market for AGS Actuator, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding AGS Actuator.
The AGS Actuator market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global AGS Actuator market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the AGS Actuator manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Type
• OEM
• Aftermarket
By Application
• Commercial Vehicles
• Passenger Cars
Key Companies
Magna International, Johnson Electric, Valeo, MinebeaMitsumi, Mirror Controls International, Sonceboz, Keboda Technology, Cebi, KAIT, Fugna Mechatronics
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