Uploaded on Aug 7, 2019
Global Automotive Lighting Actuator Market is projected to grow at a CAGR of 8.9% from 2019 to 2026.
Global Automotive Lighting Actuator Market
Global Automotive Lighting Actuator
Market
2018 – 2026
Published By:
Accurize Market Research
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Automotive Lighting Actuator Market is
Estimated to Grow at a CAGR of 8.9%
during 2019 – 2026, Says Accurize
Market Research
Global Automotive Lighting Actuator Market Report, published
by Accurize Market Research, forecast that the global market is
expected to grow at a CAGR of 8.9% from 2019 to 2026. In
terms of growth, Asia-Pacific is anticipated to attain the fastest
compound annual growth rate (CAGR) during 2019 – 2026.
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Market Introduction and Market
Dynamics
High growth in automotive industry and increased
manufacturing activities are the major factors fueling the
growth of automotive lighting actuator market.
As per the study, around 96 million vehicles were produced in
2018 and is expected to reach around 110.9 million by 2023.
Hence, the increasing vehicle productivity will also support the
growth of the market in the coming years. The development
of advanced and cost-effective actuators would generate new
growth opportunities for the market in the future years
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Market Segmentation and Crisp
Analysis
The global automotive lighting actuator market has been segmented into type,
application, and geography. Linear actuators and rotary actuators are the further
classifications of the type segment.
By application, the market is divided into heavy commercial vehicles, light
commercial vehicles, and passenger cars.
By geography, the market is classified into North America, Europe, Asia Pacific, and
Rest of the World (RoW). The countries covered under North America are the U.S.,
Canada, and Mexico.
Europe includes UK, Germany, France, Italy, and Rest of Europe. The Asia-Pacific
countries covered in the report are China, Japan, India, Korea, and Rest of Asia-Pacific.
Rest of the world includes Central & South America, the Middle East, and Africa.
North America dominated the global automotive lighting actuator market in 2018 and
expected to continue its dominance during the forecast period 2019 – 2026.
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Manufacturers Competitive Analysis
Key players are offering innovative products and services to gain
consumer attraction and increase their market presence.
The market is moderately concentrated as the dominant players
occupy most of the global market share of the automotive lighting
actuator market.
Major key players operating in the global automotive lighting
actuator market are DENSO CORPORATION, Dover Flexo Electronics,
Inc., Johnson Electric, Continential AG, Delphi Automotive LLP, Actus
Manufacturing, Inc, Thermotion, LLC, Precision Motors German
Minebea GmbH, HOERBIGER AMERICA HOLDING, INC, HELLA KGaA
Hueck & Co., and Mitsubishi Electric Corporation, among others.
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Scope of the Report
The scope of the report covers in-depth analysis of the market in terms of
both qualitative and quantitative analysis across the segments as well as
cross-sectional analysis of the segments including the geographies and its
countries.
Key companies operating in this market and their company profile along with
the market share analysis and competitive scenario is also the part of the
report.
Furthermore, different industries clients’ information has been provided in the
report which is very important for the manufacturers.
Manufacturers’ data, including: revenue, shipment, revenue share, shipment
share, and gross profit have been also included, which provide better
understanding of the market competition.
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AMR has developed advanced analyst tools and data models to enhance and
augment the analysis process.
Corresponding to markets, where there is momentous lack of information and
estimates, AMR’s team of experts and analyst practice specific analyst tools
and industry models to translate qualitative and quantitative industry
indicators into exact industry estimates.
These models also allow analysts to inspect the prospects and opportunities
existing in the market to achieve specific forecast of the market.
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Our Expertise
The Key Opinion Leaders (KOLs) of the respective industry are interviewed
and their insights are matched with our findings and database we have and
thus we validate our estimates, forecast and provide you the analysis.
We put together our effort and prepare an inclusive questionnaire depending
on the title of the market we are tracking and extract the important
information we require to validate our findings.
Also, we have top five global knowledge partners such as Bloomberg, S&P
Global, and Dow Jones, among others for ultimate data validation, prepared
by our research team.
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