Automotive Electric Actuators Market Report is estimated to reach USD 25227.62 million by 2027, grow

Overview

The electric 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, electric actuators help in the incorporation of electronics and act as a link between the automobile mechanical and electrical components. Reduction of emissions, fuel consumption, engine downsizing trends and stringent government regulations are some of the major factors that are driving the market growth. Moreover, rapidly growing population and consequent hike in the vehicle owning households has been raising the demand for fuel efficient vehicles which in turn are fuelling the market growth.

Automotive electric actuators market is categorized into Throttle Actuator, Fuel Injection Actuator, Brake Actuator and Other. The throttle actuator involves the conversion of the mechanical force applied on the accelerator pedal, resulting into proportionate throttle control, which involves appropriate opening of the throttle valve, in the engine combustion chamber. The fuel injection actuator involves the opening of the fuel injection port located in the engine, according to the set idle timing of the engine, which helps to inject the fuel into the engine combustion chamber. The working of this actuator is thus related to the throttle control valve and can be adjusted through the electronic control unit of the automobile. The brake actuator involves conversion of the mechanical force exerted on the brake pedal and conversion of the same into proportionate working of the brake system, which involves friction between either the drums of the drum brake or the brake pads and the disc within the disc brake mechanism.

Automotive Electric Actuators market is segmented into Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles and Electric Vehicles. The rising demand for fuel-efficient vehicles is set to trigger the growth of automotive electric actuators in heavy and light commercial vehicles segment in vehicle type.

Asia Pacific region is registering the maximum demand for electric actuators due

to the rising demand for fuel-efficient vehicles and the increasing production capacity of passenger cars. The electric actuators automotive is likely to be hampered due to the introduction of electric vehicles, as some actuators go along with the engine are expected to be removed from the drive train. Electric vehicles are likely to run totally on servo motors. Government of several nations in Asia Pacific are encouraging the introduction of electric vehicles in order to lower pollution levels. Governments in APAC region are also offering monetary benefits to encourage society to adopt electric vehicles.

Geographical wise, Asia-Pacific region is expected to grow at a faster pace, with India, Japan, and China stepping toward becoming automotive component manufacturing hubs and supplying to countries, such as the United States and Germany. The increasing sale of both commercial vehicles and passenger cars is driving the market. The large population in this region leads to an increase in annual sales of automobiles. The use of the automotive electric actuators can ensure the availability of affordable, small sized cars, which provide reduced fuel consumption and increased vehicle mileage. Automotive electric actuator and sensors are widely used for the production of self-driven automated cars, owing to which the demand for automotive electric actuator is expected to grow significantly. \The Asian market for automotive electric actuator portrays effective opportunities for manufacturers. Officials of the recognized key player in the market for automotive actuator, Continental stated that the company is turning to the Indian market as they expect the valuation of automotive components to rise in the next five years, owing to the new emission and safety norms and ever-evolving technology.

The demand for actuators, especially electric actuators and combination actuators (electrohydraulic, electro-pneumatic, etc.), is expected to grow considerably with an increase in the sale of semi- and fully autonomous vehicles.

Some of the major players in the automotive electric actuator market include Bosch, Denso, Mahle, Continental, Magna, Delphi, Valeo, Magneti Marelli, Hitachi, Hella and Mahle. In line with this, a major player in the automotive electric actuator market and a second largest mobility supplier, Denso Corporation planned to open a facility for the development and testing of automated driving technology in Tokyo. With leading players encouraging the application of automotive actuator in self-driven cars, the market has tremendous opportunities with the evolving shift towards automation. Asia Pacific recognized automotive

manufacturers such as, Daimler, Bosch, Delphi and others are moving towards automated and self-driven technology to offer ease and advancements in driving.

Major players in the Market are identified through secondary research and their Market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and Marketing executives. The percentage splits, Market shares, growth rate and breakdowns of the product Markets are determined through using secondary sources and verified through the primary sources.

Inquiry about report OR ask for Sample Report @ https://www.profsharemarketresearch.com/inquiry/automotive-electricactuators-market-report-inquiry/ Automotive Electric Actuators Market Report: Product Type  Throttle Actuator  Fuel Injection Actuator

 Brake Actuator  Others Automotive Electric Actuators Market Report: Application  Passenger Vehicles  Light Commercial Vehicles  Heavy Commercial Vehicles  Electric Vehicles Automotive Electric Actuators Market Report: Competitive Analysis  Bosch  Denso  Delphi  Magna  Continental  Valeo  MagnetiMarelli  Hitachi  Hella  Mahle Automotive Electric Actuators Market: Regional Analysis  North America  U.S.A  Canada  Europe  France  Germany  Spain  UK  Rest of Europe  Asia Pacific  China  Japan  India  South East Asia

 Latin America  Brazil  Middle East and Africa

Access Full Report @ https://www.profsharemarketresearch.com/automotive-electric-actuatorsmarket/ Automotive Electric Actuators Market Report delivers comprehensive analysis of :  Market Forecast for 2019-27  Market growth drivers  Challenges and Opportunities  Emerging and Current market trends  Market player Capacity, Production, Revenue (Value)  Supply (Production), Consumption, Export, Import analysis  End user/application Analysis About Profshare Profshare Market Research is a full service market research company that delivers in depth market research globally. We operate within consumer and business to business markets offering both qualitative and quantitative research services. We work for private sector clients, along with public sector and voluntary organisations. Profshare Market Research publishes high quality, in-depth market research studies, to help clients obtain granular level clarity on current business trends and expected future developments. We are committed to our client’s needs, providing custom solutions best fit for strategy development and implementation to extract tangible results.

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