The global automotive actuator market is expected to reach $41.09 billion by 2027, according to a recent report from Emergen Research.Rising automation and medical assistance within the automotive trade have been increasing the demand for vehicles with advanced options and attributes.
Strict government regulations for fuel-efficient vehicles in developing countries.New-age passenger cars are equipped with more than 124 motor units to manage applications such as light source positioning, grille shutters, seat adjustment, HVAC systems, and fluid and refrigerant valves, among others.
The growth of the market is attributed to the growing demand for advanced automation systems and the growing inclination towards fuel-efficient vehicles.
Actuators play a key role in activating these applications because they convert electrical signals into specified linearity and motion to provide specified physical motion.Passenger car is one of the market segments analyzed by our analysts and sized in this study, showing multi-faceted growth potential due to increasing demand for small vehicles across the globe.The changing dynamics that support this growth are critical for businesses in the space to keep pace with the dynamic pulse of the market, which is poised for success in excess of $35.43 billion by 2025.
Linear actuators have been in the automation actuator market for a long time as they will be used in machinery, valves and different places that require linear motion.The utilization of linear actuators is on the rise due to increasing automation and the combination of manufacturing plant automation and IoT.
In Europe, the Federal Republic of Germany could add over $317.4 million over the next five to six years to the size and influence of the region, which remains an important part of the world economy, due to expanding demand for cars and technology.Conscious shopper.The projected demand price in the region is over $277.2 million, which can be returned from the rest of the ecu market.In Japan, the market size of station wagons can reach USD 819.2 million as of the analyzed amount.
BorgWarner introduced its next-generation throttle actuator in March 2019.It’s an Intelligent Cam Force Thruster (iCTA) – delivering improved fuel economy and reduced emissions through its innovative technology.iCTA combines cam force propulsion and twist-assisted edges.The technology is expected to first appear in vehicles from the two largest automakers in China and North America in 2019 and 2020.
Key players include Denso Corporation, Nidec Corporation, Robert Bosch GmbH, Johnson Electric, Mitsubishi Electric Corporation, Honeywell, Curtis-Wright, Flowserve, Emerson Electronic and SMC and new entrants in the market.It focuses on recent mergers and acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions and product launches, among others.The report also provides detailed information on company profiles, business expansion plans, product portfolio, manufacturing and production capabilities, global market position, financial status, and consumer base.
The report provides a comparative assessment of the key market players participating in the global Automotive Door Lock Actuator market.
The report marks the recent notable developments that have occurred in the Automotive Door Lock Actuator market industry
It scrutinizes micro and macro economic growth indicators, as well as the fundamental elements of the Automotive Door Lock Actuator market value chain.
Post time: Jun-01-2022
