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Actuator Market Outlook to 2025: Emerging Trends and Will Generate New Growth Opportunities Status By Zaraki Kenpachi - July 21, 2021
Transparency Market Research (TMR) has predicted the global actuator market to steadily expand between 2017 and 2025. Recent advances upgrading technologies used in the automotive sector will offer impressive growth opportunities to the market. This, coupled with the increasing production of vehicles, will buoy growth for the global actuator market, finds TMR in a new study. The rising demand for automatic features in vehicles has kept the market players on their toes. With their focus on consolidating market shares, the leading names in the global actuators market are looking to expand their product portfolio. Besides this, several among them are engaging in strategic alliances with other prominent enterprises to gain a stronghold in the global actuator market. In its study TMR has profiled companies such as Cebi International S.A., HUSCO International, Kiekert AG, Actus Manufacturing, Inc., Robert Bosch GmbH, and others. It studies in detail various strategies adopted by these companies to gain a competitive edge in the global actuator market. According to TMR, the market will exhibit a CAGR of over 7% between 2017 and 2025 in terms of volume. The market is likely to be facilitated by the rising demand for vehicles with automatic features. Against this backdrop, the market has gained immensely from the advent and the subsequent popularity of electric vehicles. Regionally, Asia Pacific emerged dominant in the global actuator market on account of the presence of the several leading companies in the region. The expanding automotive industries in India, China, and Japan are forecast to fuel growth opportunities for the market in Asia Pacific. Besides this, the availability of cheap labors, declining import duties, and favorable government initiatives are expected to create lucrative prospects for the actuators market. Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=2854
Strategies Adopted by Leading Automakers to Sustain Growth will Have Positive Influence Automakers are running their business amidst cutthroat competition. At a time when consumers are spoilt with choices, several manufacturers are including automatic features to differentiate their products. This in turn gives scope for growth to the global actuator market. In the coming years the market is expected to gain from the rising use of electronic components in vehicles. Given the scenario, the rising disposable income of consumers will bode well for the actuators market. On the downside, the presence of certain stringent regulations is restraining the market to an extent. For instance, various governments strictly observe a few safety norms for vehicles that are projected to fuel the demand for actuators. Rising Demand from HVAC Segment to Boost Growth Be it as it may, some of the strict guidelines have compelled automakers to include systems such as VVTs, turbochargers, and active grill shutters in their vehicles. Actuators are integral to these systems hence such regulations are expected to sway demand in favor of the global actuator market. In the coming years, the market is expected to witness rising demand from the HVAC, which also held dominance in the market based on application. The rising demand from this segment is forecast to bode well for the market. Furthermore, the increasing adoption of headlamps is expected to bolster sales prospects. This review is based on a TMR report, titled “Actuator Market (Actuator Type – Electric Actuator, Hydraulic Actuator, Pneumatic Actuator, Mechanical Actuator; Vehicle Type – Passenger Vehicle, Commercial Vehicle, Electric Vehicles; Application – Variable Valve Technology, Turbochargers, Coolant and Refrigerant Systems, Brake System, Active Grill Shutter, Adaptive Headlamps, HVAC Systems; Sales Channel – Original Equipment Manufacturer, Aftermarket) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.” The report segments the global actuator market as: Global Actuator Market for Vehicles Revenue, by Sales Channel Original Equipment Manufacturer (OEM) Aftermarket Global Actuator Market for Vehicles Revenue, by Application
Variable Valve Technology Turbocharger Coolant & Refrigerant System Brake System Active Grill Shutter Adaptive Headlamp HVAC System Others Global Actuator Market for Vehicles Revenue, by Vehicle Type Passenger vehicle Commercial vehicle Electric Vehicle Global Actuator Market for Vehicles Revenue, by Actuator Type Electric Actuators Hydraulic Actuators Pneumatic Actuators Mechanical Actuators Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php? rep_id=2854&ltype=S About Us Transparency Market Research is a nextgeneration market intelligence provider, offering factbased solutions to business leaders, consultants, and strategy professionals. Our reports are singlepoint solutions for businesses to grow, evolve, and mature. Our realtime data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect
combination of right sense of factoriented problem solving methodologies and leveraging existing data repositories. TMR believes that unison of solutions for clientsspecific problems with right methodology of research is the key to help enterprises reach right decision Contact Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY – 12207 United States USA – Canada Toll Free: 8665523453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com
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