Engine Actuators Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

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Engine Actuators Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

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Title: Engine Actuators Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026


1
Engine Actuators Market- Global Industry Insight,
Trends, Outlook, and Opportunity Analysis
2017-2025

2
REPORT DESCRIPTION
Engine Actuators Market Overview
An actuator is a component of a machine that is
used for controlling or moving a system or
mechanism. An actuator requires a source of
energy and a control signal, which is
comparatively a low energy such as electric
current or voltage, hydraulic or pneumatic
pressure or sometimes human power. The main
source of energy might be electric current,
pneumatic pressure or hydraulic fluid pressure.
The actuator converts the energy into mechanical
motion when it receives the control
signal. Increasing demand for fuel-efficient
vehicles is one of the major factors driving
growth of the market Increasing demand for
fuel-efficient vehicles is one of the major
factors driving growth of the market. This is
attributed to factors such as increasing dearth
of conventional fuels, regulations concerning
exhaust gas emissions, increasing need for safety
features, and growing trend of electric vehicles.
For instance, the European Union has set its own
emissions standards such as EU Regulation No
443/2009 that has set an average CO2 emissions
target of 130 grams/kilometer for new passenger
cars. These factors led to the replacement of
mechanical linkages with electrical or electronic
components and demand for actuators for use in
engines to enhance engine performance and fuel
efficiency increased, thereby fueling growth of
the engine actuators market.
3
REPORT DESCRIPTION
  • Global Engine Actuators Market Taxonomy
  • On the basis of product type, the global engine
    actuators market is segmented into
  • Digital Linear Actuators
  • Variable Valve Timing
  • Air Control Valves
  • Exhaust Gas Recirculation Valves
  • Electronic Throttle Valves
  • Idle Speed Controllers
  • On the basis of vehicle type, the global engine
    actuators market is segmented into
  • Commercial Vehicles
  • Passenger Vehicles
  • Request sample Copy of this Reporthttps//www.coh
    erentmarketinsights.com/insight/request-sample/181
    9


4
REPORT DESCRIPTION
Global Engine Actuators Market Segment
Trends On the basis of vehicle types, passenger
vehicles segment is the fastest growing segment,
owing to increasing sales of these vehicles
worldwide. According to International
Organization of Motor Vehicle Manufacturers, in
2016, around 70 million units of passenger cars
were sold worldwide. The number of passenger cars
per thousand inhabitants over the past few years
have reached up to 182 per thousand inhabitants
in 2015 from 178 in 2014, which is a major factor
fuelling growth of passenger cars segment.
Therefore, increasing sales of passenger vehicles
will increase the demand for engine actuators in
the vehicles, thereby driving growth of the
market. Global Engine Actuators Market
Restraint Rising popularity of electric vehicles
and growing sales of vehicles utilized for sports
are major factors restraining growth of the
global engine actuators market. For instance,
according to the International Energy Agency
(IEA), over 750 thousand units of electric
vehicles were sold in 2016, globally. Hence,
increasing production of electric vehicles will
decrease the demand for engine actuators in
vehicles, as electric cars and other luxurious
vehicles have high performance engines, which do
not require engine actuator for engine
operation. To Get Discount on this Report
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uest-discount/1819
5
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