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Automotive Actuators industry to achieve significant growth in the near future scrutinized in new research

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Automotive Actuators Industry By Product Type (Hydraulic Actuator, Pneumatic Actuator, Electric Actuator), and By Application (Brake Actuator, Fuel Injection Actuator, Throttle Actuator, Power Seat Actuator) - Global Market Size Analysis and Forecast 2019-2025. Global Automotive Actuators Industry was valued at USD 14.3 Billion in the year 2017. Global Automotive Actuators Industry is further estimated to grow at a CAGR of 7.85% from 2018 to reach USD 26.17 Billion by the year 2025.

Asia-Pacific region holds the highest Industry share in 2017 and Asia-Pacific Industry is considered as the fastest growing Industry in the forecasted period. At a country level, China is projected to grow strongly in the coming years.

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Major market players in Automotive Actuators Industry are Continental AG, Mitsubishi Electric Corporation, Robert Bosch GmbH, Delphi Technologies, Nidec Corporation, Borgwarner Inc.,

Johnson Electric Holdings Limited, Hitachi Ltd., APC International Ltd., Denso Corporation, CTS Corporation and other 10 more companies detailed information is provided in research report. Rising research and development expenses to cater changing demand of end users.

Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

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SWOT Analysis of Automotive Actuators Industry:

Strength:

            Increasing demand in the automotive sector

Weakness:

             Complexity in the configuration of components

Opportunities:

             Government initiatives for Eco-friendly vehicles

Threats:

             Availability of skilled labor & high cost

The major shares of the Industry come from Passenger cars type in Global Automotive Actuators Industry. On the other hand, Electric actuators, by product for this Industry is expected to grow at highest CAGR during the year 2018-2025.

As there is implementation in fuel-efficient vehicles for an eco-friendly environment.

Automotive Actuators Industry Segmentation:

By Product Type

  • • Hydraulic Actuator
  • • Pneumatic Actuator
  • • Electric Actuator

By Application Type

  • • Brake Actuator
  • • Fuel Injection Actuator
  • • Throttle Actuator
  • • Power Seat Actuator
  • • Others

By Vehicle Type

  • • Heavy Commercial
  • • Light Commercial
  • • Passenger Cars

By Region:

North America

  • • USA
  • • Canada

Europe

  • • Germany
  • • U.K.
  • • France
  • • Italy
  • • Rest of Europe

APAC

  • • China
  • • India
  • • Japan
  • • Rest of Asia-Pacific

RoW

  • • Latin America
  • • Middle East & Africa

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Category: Market Research Publishers and RetailersCompany about: Alexa Reports is a globally celebrated premium market research service provider, with a strong legacy of empowering business with years of experience. We help our clients by implementing decision support system through progressive statistical surveying, in-depth market analysis, and reliable forecast data. Till date, we have collaborated and partnered with well-known publishers in specialized domain to offer our clients with comprehensive market analysis. Over the past few years, we have been ab ...
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