Global automotive actuator report from Global Insight Services is the single authoritative source of intelligence on automotive actuator market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
An automotive actuator is a device that is used to control a component or system in a vehicle. There are a variety of actuators that are used in vehicles, including brake actuators, clutch actuators, engine actuators, transmission actuators, and suspension actuators.
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Market Segments
The Automotive Actuator Market is segmented by product, vehicle type, and region. Based on product, it is divided into HVAC actuators, headlamp actuators, grill shutter actuators, seat actuators, brake actuators, and others. On the basis of vehicle type, it is categorized into two- & three-wheelers, passenger cars, and commercial vehicles. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Automotive Actuator Market includes players such as Delphi Automotive, Hella KGaA Hueck & Co., Robert Bosch GmbH, Denso Corporation, NOOK Industries, Continental AG, Hitachi Ltd., Mitsubishi Electric Corporation, Efi Automotive and Borgwarner Inc.
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Key Drivers
There are several key drivers of the automotive actuator market.
One of the most important drivers is the increasing demand for vehicles with advanced driver assistance systems (ADAS). ADAS features such as adaptive cruise control, lane-keeping assistance, and automatic emergency braking require actuators to function properly.
In addition, the increasing demand for electric vehicles is also driving the growth of the automotive actuator market. Electric vehicles require actuators for various functions such as opening and closing doors, adjusting seats, and controlling the climate.
Another driver of the automotive actuator market is the increasing demand for luxury vehicles. Luxury vehicles often come equipped with advanced features that require actuators to function properly.
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