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Automotive Actuators Market Worth 20.33 Billion USD by 2022
  • India - English


News provided by

MarketsandMarkets

Jun 05, 2017, 10:30 ET

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PUNE, India, June 5, 2017 /PRNewswire/ --

The report "Automotive Actuators Market by Vehicle, Application, Off-Highway Vehicles, Electric Vehicle, Product (Wastegate, VGT, Throttle, Brake, EGR, Power Seat, Grille Shutter, HVAC, Headlamp, and Piezoelectric), and Region - Global forecast to 2022", published by MarketsandMarkets™, the Automotive Actuators Market is estimated to be USD 14.16 Billion in 2017 and is projected to grow to USD 20.33 Billion by 2022, at a CAGR of 7.49%. The increasing demand for electric vehicles, advanced automated systems in vehicles, and rising trend of engine downsizing in the automotive industry are some of the key factors fueling the growth of this market.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 224 market data tables and 75 figures spread through 278 pages and in-depth TOC on "Automotive Actuators Market - Global forecast to 2022"

http://www.marketsandmarkets.com/Market-Reports/automotive-actuators-market-166095652.html

Early buyers will receive 10% customization on this report 

Brake actuators segment to hold the largest share of the Automotive Actuators Market, by actuator type 

The brake actuator is estimated to hold the largest market share, in terms of value, in 2017. Mandatory installation of anti-lock braking systems (ABS) and electronic stability systems in the U.S. and European countries has been the key driver for the brake actuator market. The increase in the number of electric and fuel-efficient vehicles has further boosted the brake actuator market. In 2015, the Indian government also made ABS mandatory for commercial vehicles, which is expected to further drive the brake actuator demand in the country.

Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=166095652

On-highway vehicle segment - A promising market for Automotive Actuators Market 

The on-highway vehicle segment is estimated to be the largest market in the Automotive Actuators Market. Increasing number of electric and fuel efficient vehicles in the automobile industry has driven the growth of the automotive actuators in this segment. This segment comprises a number of automotive actuators, which help to manage and control the applications.

Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=166095652

Asia-Pacific: The largest market for the Automotive Actuators Market 

The Asia-Pacific market is estimated to hold the largest share, in terms of volume, of the Automotive Actuators Market in 2017. The demand for automotive actuators in this region is triggered by increasing vehicle production in developing nations such as China and India and the increasing number of electric vehicles in countries such as China and Japan. The region is also the leading producer of automobiles in the world.

The report analyzes all major players in the Automotive Actuators Market, including Continental AG (Germany), Hitachi Ltd. (Japan), Robert Bosch GmbH (Germany), Denso Corporation (Japan), and Mitsubishi Electric Corporation (Japan).

Browse related reports: 

Automotive Connectors Market by Connection Type (Wire to Wire, Wire to Board, Board to Board), Application (Body Control & Interiors, Engine Control & Cooling System), System Type (Sealed, Unsealed), Vehicle Type, and Region - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/automotive-connector-marke-84620980.html

Automotive Sensors Market by Type (Temperature, Pressure, Position, Oxygen, NOx, Speed, Inertial, and Image), Application (Powertrain, Chassis, Exhaust, Body Electronics, Safety & Control, and Telematics), and Geography - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/automotive-sensors-market-426.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: [email protected]

Visit Our Blog: http://mnmblog.org/market-research/automotive-transportation

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets

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