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Dublin, Nov. The automotive actuators market is estimated to be USD It is projected to grow at a CAGR of 7. Increase in production of passenger cars and commercial vehicles is a significant factor for the growth of the automotive actuators market globally The automotive actuators market is growing in tandem with the constant growth in production as well as sales of automobiles passenger cars, LCVs, HCVs, and off-highway vehicles across the globe. Sensors, software programs, controller hardware, and actuators are considered to be the backbone of the present and future automotive systems.
The use of sensors and actuators in the automotive industry is increasing every day. The designing of such automotive sensors and actuators has resulted in increasing usage of microelectromechanical systems MEMS. The aforementioned factors have contributed to the growth of the global automotive actuators market.
The body control and exterior applications consist of grille shutter actuator, tailgate actuator, and headlamp actuators, among others. Actuators play an important role in body control and exterior applications and are responsible for moving and controlling the system.
The rotatory segment is expected to grow at the highest CAGR Rotary actuators are coupled directly to a rotating load and provide good control over acceleration, operating speed, deceleration, reversals, and positioning. Other applications of rotary actuators include pressure clamps and opening and closing of large-scale blades and valves.
Rotary actuators are not restricted by distance and can provide infinite repeated motion. The specialty of rotary actuators is that they can be mounted horizontally, vertically, or slantwise, which has contributed to the growth of rotatory actuators in the automotive actuators market.
The RoW market is expected to register the fastest growth during the forecast period The RoW automotive actuators market is estimated to be the fastest-growing. These countries are growing in terms of automobile production and expected to flourish in the near future as OEMs are investing in several RoW countries.
Factors such as increasing demand for automobiles, availability of cheap labor, lenient environmental regulations, low transportation costs, and flexible export-import policies are driving the growth of the automotive industry in this region. According to industry experts, the market for luxury and mid-sized vehicles in Brazil would grow further and subsequently boost the demand for automotive actuators during the forecast period.
Tail-Enders KGaA Group Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Subscribe via RSS. Subscribe via ATOM. Register Sign In. Contact Us. Email Print Friendly Share. This market study covers the automotive actuators market across segments. It aims at estimating the market size and future growth potential of this market across different segments such as product type, vehicle type, on-highway vehicle type, motion type, actuation type, application, and region.
The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies. Research and Markets. With a Reader Account, it's easy to send email directly to the contact for this release.
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With its extensive material and process expertise, Continental is a development partner and original equipment manufacturer in the automotive industry for all kinds of passenger car hose line systems, diaphragms and fuel tanks. Please choose your country or region. United States Ok Change. Passenger Cars. Conveyor Belt Systems.
Eni has always been involved in the research and production of high performance oils. The huge and well- structured range of Eni products is made up of lubricants specially formulated to ensure the correct lubrication of engines and transmission systems of the passenger cars in accordance with the requirements of the OEMs. Coolant fluids, brake fluids and products for accessory applications complete the line. High performance oils suitable for all engines gasoline or Diesel in every operating condition.
The automotive sector in Greece is currently under the process of consolidation and debt restructuring. Exclusive importers and dealers are facing significant financing constraints and are seeking other ways to develop their business like spare parts trading which shows significant higher margins than auto imports and car dealing. The passenger car market was in a bubble state during the period — when registrations reached in average to k per year. This indicates that potential upside can be higher than the macroeconomics improvement. However, a return to the previous bubble market should be considered as unlikely. Overall, the market remains underdeveloped and the car ownership levels are lower than in most of the EU countries, while constant taxation changes create an unstable market environment.
Passenger Cars, one of the segments analyzed and sized in this study, displays the potential to grow at over 4. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over Within Europe , which continues to remain an important element in the world economy, Germany will add over Over Thousand Units worth of projected demand in the region will come from Rest of Europe markets. In Japan , Passenger Cars will reach a market size of 5. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific , Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Automotive industry in Egypt
With our experience from the world of sports car series production, we can support you at every stage of the entire product development process: from the concept phase to series production. Whether you are developing a component or a complete vehicle, we can cover everything from sub-processes to complete developments — goal-focused work of the highest quality. We do this for passenger vehicles as well as commercial vehicles and developments for other industries. The starting point for every new development is the concept. This is where the outlines and framework conditions for the vehicle segments, markets, technology, deadlines, costs and pricing are determined and defined. From a technical perspective, the drafting of a vehicle concept involves creating a package and safety concept, conducting a potential analysis, developing a body-in-white structure concept and aerodynamics values and defining the production technology. Styling designs are created based on an ideation process. To ensure the success of the product, technology comparisons with competitors are conducted and benchmarks defined. After the theory comes the practice.
Global Passenger Cars Industry
Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. Our flagship business publication has been defining and informing the senior-management agenda since It took India around seven years to increase annual production to four million vehicles from three million. Society of Indian Automobile Manufacturers, siamindia. However, the next milestone—five million—is expected in less than five years.
ZF Products for Automotive Applications
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The automobile industry is one of the most important drivers of economic growth of India and one with high participation in global value chains. The growth of this sector has been on the back of strong government support which has helped it carve a unique path among the manufacturing sectors of India. The automobiles produced in the country uniquely cater to the demands of low- and middle-income groups of population which makes this sector stand out among the other automobile-producing countries.
Dublin, Nov. The automotive actuators market is estimated to be USD It is projected to grow at a CAGR of 7.