India Automotive Actuator Motor Market

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India Automotive Actuator Motor MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2023-2028
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(1) 970-236-3677
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Global India automotive actuator motor market
size is forecast to reach 3.62 billion by 2026,
growing at CAGR 6.72 from 2021 to 2026. The
growth in the Indian automotive industry along
with high adoption rate of automation in this
industry drives the growth of India automotive
actuator motor market. The growth in purchasing
power and increasing demand for vehicles,
especially passenger cars, affect the demand for
automotive parts market, which in turn
accelerates the growth of India automotive
actuator motor industry.
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• Key Takeaways
• Hydraulic actuator is anticipated to witness the
  significant market growth during the forecast
  period, due to its various advantages over the
  other actuators.
• Passenger vehicle held major India automotive
  actuator motor market share and is analysed to be
  the fastest growing segment during 2021-2026,
  owning to the growing demand for passenger
  vehicles along with increasing purchasing power.
• The market of India automotive actuator motor
  market is estimated to witness significant
  upsurge during the forecast period, owing to the
  growth of Indian automotive industry.

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By Distribution Channel- Segment Analysis Based
on vehicle-type, India automotive actuator motor
market is segmented into Passenger vehicles,
Light commercial vehicles, Heavy commercial
vehicles and others. Passenger vehicle segment
held the major India automotive actuator motor
market share around 40 in 2020, and is
anticipated to witness the fastest amount of
growth with a CAGR of 6.78 in the forecast
period 2021-2026. According to the same report,
Two-wheelers and passenger cars represented
around 81 and 13 of market share, respectively,
for a combined sale of Indian automobiles in FY20.
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• India Automotive Actuator Motor Market Industry
  Outlook
• APC International, Ltd.
• Buehler Motor Inc.
• Continental AG
• CTS Corporation
• CVEL Automotive Electronics
• Delphi Automotive PLC
• Denso Corporation
• Firgelli Automations
• Hella KGaA Hueck Co
• Hitachi, Ltd.

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India Automotive Actuator Motor Market -
Forecast(2023 - 2028) Learn More About the
Report _at_ https//www.industryarc.com/Report/1959
4/india-automotive-actuator-motor-market.html
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id19594

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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
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