Automotive Actuators Market is set to see healthy CAGR during 2019 to 2025

1
Automotive Actuators Market is set to see healthy
CAGR during 2019 to 2025 Global Market Insights,
Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Automotive Actuators Market

• The Asia Pacific automotive actuators market is
  expected to grow rapidly owing to high production
  capabilities in the automotive sector. China,
  Japan, and India are witnessing high demand for
  passenger cars supporting the industry growth.
  Autonomous cars are gaining high popularity in
  this region owing to safety and technically
  advanced features supported by sensors and
  actuators.
• In 2017, Singapore introduced an amendment to
  its Road Traffic Act that granted permission for
  self-driving vehicles to be tested on public
  roads. Prominent players in the U.S. are heavily
  investing in autonomous car development, further
  creating the demand for these components. For
  instance, in April 2019, Tesla announced
  Robotaxi, a fully-autonomous taxi which will be
  road ready by the end of 2019. High
  implementation of actuators in the autonomous
  driving systems will support their demand,
  further leading to the market expansion.

3

• Application Analysis of Automotive Actuators
  Market
• The throttle application in the automotive
  actuators market is expected to grow rapidly due
  to the implementation in proportionate throttle
  operations. Such integrations provide features,
  such as traction control, stability control,
  cruise control, and high performance, of the
  vehicle. Fuel injection application involves
  smooth flow of fuel to the engine, which supports
  in increasing fuel economy of vehicles. The
  function of fuel injector with throttle actuator
  and electronic control unit support in enhancing
  the vehicle performance. The growing usage of
  these components to enhance performance and gain
  high fuel economy in vehicles is supporting the
  automotive actuators market growth.
• Passenger cars are gaining high traction in the
  automotive actuators market owing to the
  increased need of safety features. Increasing
  road fatalities across the globe led to the
  implementation of these components to enhance
  safety, thereby supporting the industry growth.
  For instance, according to the National Highway
  Traffic Safety Administration, approximately
  40,000 people were killed in road fatalities in
  the U.S. in 2017.

4
Competitive Market Share of Automotive Actuators
Market

• The market players of automotive actuators are
  adopting growth strategies, such as MA,
  collaborations, and investing in RD activities,
  to launch new innovative products to strengthen
  the product portfolio. For instance, in November
  2018, Nidec Corporation announced the launch of
  new thin actuators that combine motor and gearbox
  technologies into a compact flat drive unit
  providing better utilization of space. In August
  2018, Sonceboz SA announced the launch of its
  new-generation valve actuators, which ensure
  reliability and precision independent of the oil
  circuit.
• Players operating in the automotive actuators
  market are Hella KGaA Hueck Co., Aptiv PLC,
  Robert Bosch GmbH, Wabco Holdings Inc., Denso
  Corporation, Mitsubishi Electric Corporation,
  Continental AG, Nidec Corporation, and Sonceboz
  SA.

5

Browse Full Market Research Report On Automotive
Actuators Market _at_ http//bit.ly/2Zl1k3R Requ
est for an in-depth table of contents for this
report _at_ http//bit.ly/2SQ5UF2 Console Market

6
Stay In Touch Website www.gminsights.com Soci
al Media