Market Research Future has published research report on the Global Automotive Actuators Market. Global Automotive Actuators Market Research Report: Information by Type (Hydraulic Actuator, Electric Actuator, and Pneumatic Actuator), Application Type (Throttle Actuator, Fuel Injection Actuator, and Brake Actuator), Vehicle Type  – Forecast till 2023.

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An actuator is a device that takes in the energy supplied to it in the form of electrical, mechanical or kinetic energy and converts this energy into force or motion. The output force created is proportional to the input energy provided to this device. The actuator receives a signal which initiates the conversion of electrical energy into a proportionate mechanical force by the actuator. The most common type of actuator that is used in the industrial sector is the airtight cylinder that uses the stored energy of the compressed air, which helps in moving the piston as soon as the air is released or the pressure on the air reduces, reducing the compression ratio. Automotive actuators are responsible for converting the electrical signals, which are provided from the central control unit into a tangible action. Automotive actuators help in regulating engine idle speed, engine flywheel rotations, engine torque etc, which help increase the engine efficiency and the vehicle performance.

The key players profiled by MRFR in its report for drawing an impactful insight into the market include Continental AG (Germany), Robert Bosch GmbH (Germany), Aptiv PLC (U.S.), Denso Corporation (Japan), Stoneridge Inc. (U.S.), Wabco Holdings Inc. (Belgium), Mitsubishi Electric Corporation (Japan), Hella KGaA Hueck & Co. (Germany), Nidec Corporation (Japan), and Sonceboz SA (Switzerland) among others. The strategies devised and implemented by the market operators are product developments, acquisitions & mergers, adoption of latest technologies, joint ventures, strategic alliances, etc.

The global automotive actuators market is driven by several factors.  In addition to the engine cooling system being operated using the radiator fan technological advancements in the automotive field have led to advanced features such as automatic engine rpm control. These features can function optimally if the actuators are installed in an automobile. Secondly, actuators provide control and precision over vehicle parameters such as the speed, rpm, flywheel rotation, and engine overheating. Thirdly, actuators help in the incorporation of electronics and act as a link between the automobile mechanical and electrical components. The global automotive actuators market is expected to expand at 8% CAGR (2017 to 2023).

By type, the automotive actuators market has been segmented into hydraulic actuator, electric actuator, and pneumatic actuator. The electric actuator segment is poised to witness huge demand owing to its large-scale adoption in the automotive sector.

By application type, the global automotive actuators market is segmented into throttle actuator, fuel injection actuator, brake actuator, and others.

By vehicle type, the automotive actuators market is segmented into passenger cars, Light Commercial Vehicles (LCV), and Heavy Commercial Vehicles (HCV).

Automotive Actuators Market Report Table Of Content:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Bargaining Power Of Suppliers

3.1.4 Threat Of Substitutes

3.1.5 Segment Rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

Continued…

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