LeapZipBlog: Steve Blade's blog: Automotive Actuators Market Outlook and Opportunities in Grooming Regions

Automotive Actuators Market Outlook and Opportunities in Grooming Regions

August 21, 2019 by Steve Blade  

According to the report compiled by Fact.MR, the global automotive actuators market is likely to witness robust growth. The market is estimated to register 6.1% CAGR during the forecast period, 2017-2022. Owing to the better performance, consistency, and saving energy, actuators in the automotive industry are gaining a lot of traction. With increasing use in cars, manufacturers are also providing a new and improved form of actuators, thereby eliminating fluid leaks and improving energy efficiency. Mini electric actuators are also being used in automotive sensor system and advanced driver assistance system.

Automotive Actuators Market- Development of Electric Technologies to Enhance Deployment of Automotive Actuators

Every OEM is embracing the opportunity of development of electric technology for their vehicles. Problems associated with mechanical-based actuation of any system within a vehicle, such as weight, process lag and higher consumption of power, has pushed automakers to shift towards electric assisted technologies. Simple features, such as power windows, automatic lighting and automatic closure, which were deemed too luxurious to be fitted in a vehicle in the past and have become default installation in the present scenario. Though mechanical actuation utilizes physical linkages to initiate motion, electric assisted technologies call for the implementation of various sensors, benefitting its growth in the market over the long run. In an effort to gain an edge over competitors in terms of customer base, automakers are trying to equip their products with more electric assisted features, further augmenting demand for robust and reliable actuators

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Table of Content

Chapter 1 Global Economic Outlook

Chapter 2 Global Automotive Actuators Market - Executive Summary
2.1 Opportunities Analysis
2.2 Mega Trends
2.3 Winning and Losing Components
Chapter 3 Global Automotive Actuators Market Overview
3.1 Introduction
    3.1.1 Global Automotive Actuators Market Taxonomy/Scope of the Report
    3.1.2 Global Automotive Actuators Market Definition
3.2 Global Automotive Actuators Market Size (US$ Mn & Volume ‘000 Units) and Forecast, 2013-2027
    3.2.1 Global Automotive Actuators Market Y-o-Y Growth
3.3 Global Automotive Actuators Market Dynamics
3.4 Supply Chain
3.5 Regional Assessment and Product Acceptability
3.6 PESTL Analysis
3.7 Porter’s Five Forces Analysis
3.8 Forecast Factors
3.9 Forecast Scenario (US$ Mn)
3.10 Investment Feasibility Matrix

To be Continue...........

Automotive Actuators Market-Rise of Connected Systems

The world is moving towards connected systems and OEMs are catching up as well. The number of advanced technologies integrated within a car has risen to a great extent in the past couple of years. Internet of Things (IoT) is one such technological offering that has found its ways into the automotive industry, opening up possibilities of connecting the vehicle with other vehicle or its own manufacturer via internet. With the aid of sensors housed within a car, data generation and its transfer has enabled in developing new avenues for safety, convenience and security. In the current market scenario, around 20 million new cars are connected in real time to the internet which may jump with a very positive growth rate in the future. 

The report has also profiled leading players in the global market for automotive actuators, which will remain active through 2022. These include companies such as Continental AG, Robert Bosch GmbH, Mahle Group, Denso Corporation, Mitsubishi Heavy Industries Ltd, Delphi Automotive PLC, Hitachi Ltd, Johnson Electric Holdings Limited, and Nidec Corporation.

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