Automotive Actuators Market worth $39.5 billion by 2027
                     MarketsandMarkets 
Presents
Automotive Actuators Market worth 
$39.5 billion by 2027
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The report "Automotive Actuators Market by Vehicle, Application, 
On-Highway Vehicle, Actuation, Motion, Product (Brake, Cooling 
Valve, Power Window, Throttle, EGR, Power Seat, Grille Shutter, 
HVAC, Headlamp, Piezoelectric), and Region - Global Forecast to 
2027" , The global automotive actuators market size is projected to grow 
at a CAGR of 7.1% during the forecast period, to reach USD 39.5 billion 
by 2027 from an estimated USD 22.8 billion in 2019. 
The increasing demand for comfort feature, advanced automated 
systems in vehicles, and rising trend of engine downsizing in the 
automotive industry are some of the key factors fuelling the growth of 
this market.
Browse 154 market data Tables and 51 Figures spread 
through 183 Pages and in-depth TOC on "Automotive Actuators 
Market”
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Brake actuators segment to hold the largest share of the 
automotive actuators market, by actuator type
The brake actuator is estimated to hold the largest market share, in 
terms of value, in 2019. Mandatory installation of anti-lock braking 
systems (ABS) and electronic stability systems in the US and European 
countries has been the key driver for the brake actuators market. The 
increase in the number of electric and fuel-efficient vehicles has further 
boosted the brake actuators market.
On-highway vehicle segment-a promising market for automotive 
actuators
The on-highway vehicle segment is estimated to be the largest in the 
automotive actuators industry. Increasing number of electric and fuel-
efficient vehicles in the automobile industry has driven the growth of the 
automotive actuators in this segment. This segment comprises a number 
of automotive actuators that help manage and control various 
applications.
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652
 
Asia Pacific: The largest market for automotive actuators
Asia Pacific is estimated to hold the largest share, in terms of volume, of the 
automotive actuators market in 2019. The demand for automotive actuators 
in this region is triggered by increasing vehicle production in developing 
nations such as China and India and the increasing number of electric 
vehicles in countries such as China and Japan. The region is also the leading 
producer of automobiles in the world.
The report analyzes all major players in this region for automotive actuators 
market, including Hitachi Automotive Systems, Ltd. (Japan), Denso 
Corporation (Japan), and Mitsubishi Electric Corporation (Japan).
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Critical Questions:
• Many companies and start-ups are operating in the automotive 
actuators space across the globe. Do you know who the front leaders 
are, and what strategies have been adopted by them?
• Fast paced developments in automotive actuators such as 
piezoelectric actuators and electric actuators by leading 
manufacturers will change the dynamics of automotive actuators. How 
will this transform the overall market?
• The industry is focusing on developing comfort actuators for the 
automotive actuators market. Which are the leading companies who 
are working on comfort actuators, and what organic and inorganic 
strategies have been adopted by them?
• The adoption of electric actuators over hydraulic and pneumatic 
actuators is expected to change the dynamics of automotive 
actuators. How will this transform the overall market?
• Analysis of competitors in the automotive actuators market and their 
impact on the overall automotive actuators market
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