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Global Automotive Actuators Market: Size, Share, Trends and Forecast till 2022
Fact.MR
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Automotive Actuators are the vital part to control a mechanism or the system in the vehicle. Actuators respond to the received control signal by converting energy into motion. Actuators in the engine control system manage the speed, optimize the power and meter fuel for optimal combustion. Actuators are also used to lock and unlock car doors.
Nowadays, manufacturers are providing powerful actuators with innovative design to help provide safety and offer various assistance functions. Smart actuators are also being developed for the automotive engine to offer reliability, minimize the cost and provide fuel-efficiency. These smart actuators perform various tasks using a microcontroller. Various market players are also introducing new actuators with new and compact design and advanced systems. Manufacturers of the auto component are also working on active kinematics control for vehicles, this includes electronically controlled active track actuator.
According to a study by Fact.MR, the global market for automotive actuators is expected to experience healthy growth. The market is projected to reach US$ 19,801.6 million value by 2022 end. The rise in automotive industry across the globe is driving the development of innovative components used in vehicles. Automotive actuators are also witnessing increased demand due to the ability to offer maximum speed, reduce fuel consumption, etc.
Waste-Gate Actuator- Top-Selling Product
Compared to all the other automotive actuator products, a waste-gate actuator is expected to emerge as one of the highest selling automotive actuators. The waste-gate actuator is anticipated to experience impressive growth. Waste-gate actuator is also projected to create more than US$ 900 million incremental opportunity during 2017-2022.
Compact Passenger Cars to Witness Healthy Growth
Among all the other type of vehicles, compact passenger cars are expected to use automotive actuators on a large-scale. Towards 2022 end, compact passenger cars are projected to surpass US$ 4,600 million revenue. Meanwhile, mid-sized passenger cars are also likely to be the second largest users of the automotive actuators.
Competition Tracking
The report provides a detailed profile of key players that are anticipated to be active in the global automotive actuators market by 2022 end, which include Robert Bosch GmbH, Continental AG, Denso Corporation, Mahle Group, Hitachi Ltd, Mitsubishi Heavy Industries Ltd, Nidec Corporation, Delphi Automotive PLC, and Johnson Electric Holdings Limited.
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Table Of Content
1. Global Automotive Actuators Market - Executive Summary
2. Global Automotive Actuators Market Overview
2.1. Introduction
2.1.1. Global Automotive Actuators Market Taxonomy
2.1.2. Global Automotive Actuators Market Definition
2.2. Global Automotive Actuators Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Automotive Actuators Market Y-o-Y Growth
2.3. Global Automotive Actuators Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Product Life Cycle Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Automotive Actuators Market Analysis and Forecast By Product Type
3.1. Global Automotive Actuators Market Size and Forecast By Product Type, 2012-2022
3.1.1. Waste-gate Actuator Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
Continue…@@
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Automotive Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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Table of Contents
1 Market Overview
1.1 Market Segment Overview
1.1.1 Product Definition
1.1.2 Market by Type
1.1.2.1 Eccentric Rotating Mass (ERM) Actuators
1.1.2.2 Linear…
