The automotive
actuators market and it is poised to grow by 1.14 billion units during
2019-2023, progressing at a CAGR of over 8% during the forecast period. The
report offers an up-to-date analysis regarding the current market scenario,
latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will
accelerate during the forecast period. Bosch, Continental, Delphi Technologies,
DENSO, HELLA, and Mitsubishi Electric are some of the major market
participants. The need for fuel-efficient vehicles will offer immense growth
opportunities. To make the most of the opportunities, market vendors should
focus more on the growth prospects in the fast-growing segments, while
maintaining their positions in the slow-growing segments.
Need for fuel-efficient vehicles has been instrumental in driving the
growth of the market.
Automotive Actuators Market 2019-2023: Segmentation
Automotive Actuators Market is segmented as below:
·
Type
o Passenger Cars
o Commercial Vehicles
·
Application
o Body Control
o Interior &
Exterior, Engine
o Chassis
·
Geographic Landscape
o The Americas
o APAC
o EMEA
Automotive Actuators Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study,
synthesis, and summation of data from multiple sources. Our automotive actuators market report
covers the following areas:
·
Automotive Actuators Market Size
·
Automotive Actuators Market Trends
·
Automotive Actuators Market Industry Analysis
This study identifies increasing popularity of additive manufacturing in
automotive industry as one of the prime reasons driving the automotive
actuators market growth during the next few years.
Automotive Actuators Market 2019-2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the automotive
actuators market, including some of the vendors such as Bosch, Continental,
Delphi Technologies, DENSO, HELLA, and Mitsubishi Electric. Backed with
competitive intelligence and benchmarking, our research reports on the
automotive actuators market are designed to provide entry support, customer
profile and M&As as well as go-to-market strategy support.
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