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According to the Global Automotive Actuators Market 2017-2021 report, one driver in the market is growing adoption of EVs. Vehicle production across the world has been increasing significantly. For instance, in 2016, China, Japan, and India together produced more than 50 million vehicles, and the number is increasing significantly every year. With the increase in the number of vehicles, the emissions from vehicles are also increasing. This is causing a significant impact on the environment. Therefore, governments across the world are enforcing stringent emission norms to put a check on vehicular emissions.Commenting on the Automotive Actuators Market report, an analyst from one trend in the market is high-performance plasma actuators that improve fuel efficiency. The high-performance plasma actuators improve fuel efficiency in automobiles by decreasing drag. The speed and efficiency of the vehicles get impacted by extreme temperatures, sudden changes in atmospheric pressure, poor weather conditions, and other factors.
The analysts forecast global automotive actuators market to grow at a CAGR of 8.20% during the period 2017-2021. An actuator is a part of an electronic control system, which helps in controlling a mechanism or a system by converting the electrical energy into torque. An actuator requires an energy source to function, which can be current, pneumatic pressure, or hydraulic fluid pressure. In engine control systems, the air flaps are controlled by actuators for power optimization. They regulate the idle speed and measure the fuel for optimal combustion. Actuators are also used for other operations, such as to lock and unlock doors, to control boot lids, storage compartments, engine bonnets, and fuel filler flaps.
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Key players in the global automotive actuators market: Bosch, Continental, Delphi Automotive, DENSO, and Mitsubishi Electric. Other Prominent Vendors in the market are: Eaton, HELLA, Hitachi Automotive Systems, HUSCO International, Kiekert, NOOK Industries, and Valeo.
Further, the automotive actuators report states that one challenge in the market is rising cost pressure on automotive OEMs. Automotive OEMs are currently under heavy cost pressure due to the dynamism in the regulatory environment and the demanding consumer base. The implementation of stringent environment and safety standards are forcing the OEMs to find alternatives to comply with those norms while restricting them from transmitting the additional cost to the consumers. The fitment of technologies that reduce emissions is bound to increase the cost of vehicles.
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Table of Contents
PART 01: Executive Summary
PART 02: Scope of the Report
PART 03: Research Methodology
PART 04: Introduction
Market Outline
PART 05: Market Landscape
Market Overview
Market Size and Forecast
Five Forces Analysis
Value Chain Analysis
PART 06: Market Segmentation by Application
Global Automotive Actuators Market by Application
Market Size and Forecast
Global Automotive Actuators Market by Body Control, Interior, and Exterior
Global Automotive Actuators Market by Engine
Global Automotive Actuators Market by Chassis
PART 07: Market Segmentation by Vehicle Type
Global Automotive Actuators Market by Vehicle Type
Market Size and Forecast
Global Automotive Actuators Market by Passenger Cars
Global Automotive Actuators Market by Commercial Vehicles
PART 08: Geographical Segmentation
Global Automotive Actuators Market by Geography
Global Automotive Actuators Market in APAC
Global Automotive Actuators Market in Americas
Global Automotive Actuators Market in EMEA
PART 09: Decision Framework
PART 10: Drivers and Challenges
Market Drivers
Market Challenges
PART 11: Market Trends
Development of Engines To Replace Camshafts With Pneumatic Valve Actuators
High-Performance Plasma Actuators That Improve Fuel Efficiency
Electric Throttle Actuators That Increase Efficiency and User Comfort
Actuators for Automation of Trucks and Heavy-Duty Vehicles
PART 12: Vendor Landscape
Competitive Landscape
Other Prominent Vendors
PART 13: Key Vendor Analysis
Continental
Delphi Automotive
Denso Corporation
Mitsubishi Electric
Bosch
PART 14: Appendix
List of Abbreviations
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