Actuators for on/off-highway Vehicles Market worth 20.33 Billion USD by 2022

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Actuators for on/off-highway Vehicles Market
worth 20.33 Billion USD by 2022
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Actuators for on/off-highway Vehicles Market by
Application, Electric Vehicle, Product
(Wastegate, VGT, Throttle, Brake, EGR, Power
Seat, Grille Shutter, HVAC, Headlamp, and
Piezoelectric), and Region - Global forecast to
2022 The report "Actuators for on/off-highway
Vehicles Market by Application, Electric Vehicle,
Product (Wastegate, VGT, Throttle, Brake, EGR,
Power Seat, Grille Shutter, HVAC, Headlamp, and
Piezoelectric), and Region - Global forecast to
2022", The actuators for on/off-highway vehicles
market is estimated to be USD 14.16 Billion in
2017 and is projected to grow to USD 20.33
Billion by 2022, at a CAGR of 7.49.  Download
PDF Brochure https//www.marketsandmarkets.com/
pdfdownload.asp?id166095652

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Brake actuators segment to hold the largest share
of the actuators for on/off-highway vehicles
market, by actuator type The brake actuator is
estimated to hold the largest market share, in
terms of value, in 2017. Mandatory installation
of anti-lock braking systems (ABS) and electronic
stability systems in the U.S. and European
countries has been the key driver for the brake
actuator market. The increase in the number of
electric and fuel-efficient vehicles has further
boosted the brake actuator market. In 2015, the
Indian government also made ABS mandatory for
commercial vehicles, which is expected to further
drive the brake actuator demand in the
country. Request for Customization
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zation.asp?id166095652
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On-highway vehicle segment A promising market
for actuators for on/off-highway vehicles
market The on-highway vehicle segment is
estimated to be the largest market in the
actuators for on/off-highway vehicles market.
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, which help to manage and
control the applications. Request Sample
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asp?id166095652
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• Target Audience
• Distributors and suppliers of automotive
  actuators
• Manufacturers of automotive actuators
• Vehicle manufacturers
• Electric vehicle manufacturers
• Raw material suppliers
• Industry associations and experts
• Tier 1, Tier 2, and Tier 3 suppliers
• Automobile organizations/associations
• Speak to analyst _at_ https//www.marketsandmarkets.c
  om/speaktoanalyst.asp?id166095652

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Key players The ecosystem of the actuators for
on/off-highway vehicles market consists of
manufacturers such as Robert Bosch GmbH
(Germany), Continental AG (Germany), Hitachi Ltd.
(Japan), Mitsubishi Electric Corporation (Japan),
and Denso Corporation (Japan), and research
institutes such as the Japan Automobile
Manufacturers Association (JAMA), European
Automobile Manufacturers Association (EAMA),
Canadian Automobile Association (CAA), and Korea
Automobile Manufacturers Association (KAMA).
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