Automotive Actuators Market worth $39.5 billion by 2027

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MarketsandMarkets Presents

Automotive Actuators Market worth 39.5 billion
by 2027
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The report "Automotive Actuators Market by
Vehicle, Application, On-Highway Vehicle,
Actuation, Motion, Product (Brake, Cooling Valve,
Power Window, Throttle, EGR, Power Seat, Grille
Shutter, HVAC, Headlamp, Piezoelectric), and
Region - Global Forecast to 2027" , The global
automotive actuators market size is projected to
grow at a CAGR of 7.1 during the forecast
period, to reach USD 39.5 billion by 2027 from an
estimated USD 22.8 billion in 2019. The
increasing demand for comfort feature, advanced
automated systems in vehicles, and rising trend
of engine downsizing in the automotive industry
are some of the key factors fuelling the growth
of this market. Browse 154 market data Tables
and 51 Figures spread through 183 Pages and
in-depth TOC on "Automotive Actuators
Market Get The PDF Brochure For This Report _at_
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Brake actuators segment to hold the largest share
of the automotive actuators market, by actuator
type The brake actuator is estimated to hold the
largest market share, in terms of value, in 2019.
Mandatory installation of anti-lock braking
systems (ABS) and electronic stability systems in
the US and European countries has been the key
driver for the brake actuators market. The
increase in the number of electric and
fuel-efficient vehicles has further boosted the
brake actuators market. On-highway vehicle
segment-a promising market for automotive
actuators The on-highway vehicle segment is
estimated to be the largest in the automotive
actuators industry. Increasing number of electric
and fuel-efficient vehicles in the automobile
industry has driven the growth of the automotive
actuators in this segment. This segment comprises
a number of automotive actuators that help manage
and control various applications. Request for
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Asia Pacific The largest market for automotive
actuators Asia Pacific is estimated to hold the
largest share, in terms of volume, of the
automotive actuators market in 2019. The demand
for automotive actuators in this region is
triggered by increasing vehicle production in
developing nations such as China and India and
the increasing number of electric vehicles in
countries such as China and Japan. The region is
also the leading producer of automobiles in the
world. The report analyzes all major players in
this region for automotive actuators market,
including Hitachi Automotive Systems, Ltd.
(Japan), Denso Corporation (Japan), and
Mitsubishi Electric Corporation (Japan). Request
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• Critical Questions
• Many companies and start-ups are operating in the
  automotive actuators space across the globe. Do
  you know who the front leaders are, and what
  strategies have been adopted by them?
• Fast paced developments in automotive actuators
  such as piezoelectric actuators and electric
  actuators by leading manufacturers will change
  the dynamics of automotive actuators. How will
  this transform the overall market?
• The industry is focusing on developing comfort
  actuators for the automotive actuators market.
  Which are the leading companies who are working
  on comfort actuators, and what organic and
  inorganic strategies have been adopted by them?
• The adoption of electric actuators over hydraulic
  and pneumatic actuators is expected to change the
  dynamics of automotive actuators. How will this
  transform the overall market?
• Analysis of competitors in the automotive
  actuators market and their impact on the overall
  automotive actuators market
• To speak to our analyst for a discussion on the
  above findings, click Speak to Analyst

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