Growing Demand of Actuators for on off highway Vehicles Market

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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 actuators for on/off-highway vehicles
market, in terms of value, is projected to grow
at a CAGR of 7.49 from 2017 to 2022. The market
is estimated to be USD 14.16 Billion in 2017. In
this study, 2016 has been considered the base
year and 2017 to 2022 the forecast period, for
estimating the size of the actuators for
on/off-highway vehicles market. The report
analyses and forecasts the market size, in terms
of volume (thousand units) and value (USD
million), for the actuators for on/off-highway
vehicles market.  PDF Brochure _at_
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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.
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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. RequestSample_at_
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Asia-Pacific The largest market for the
actuators for on/off-highway vehicles market The
Asia-Pacific market is estimated to hold the
largest share, in terms of volume, of the
actuators for on/off-highway vehicles market in
2017. 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 the actuators for on/off-highway
vehicles market, including Continental AG
(Germany), Hitachi Ltd. (Japan), Robert Bosch
GmbH (Germany), Denso Corporation (Japan), and
Mitsubishi Electric Corporation (Japan).
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Browse gtgt 230 market data
tables 51 figures
266 pages and in-depth TOC on
Actuators for on/off-highway Vehicles Market
 Global forecast to 2022 Early buyers will
receive 10 customization on this report. This
is a Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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