Global Automotive Engine Actuators Market Growth 2023-2029
An engine actuator is responsible for moving or controlling the VVT system in electronic throttle system. An actuator requires a control signal or source of energy to act or operate. The required control signal is of relatively low energy, and the source of energy could be electric current or pneumatic/hydraulic pressure.
LPI (LP Information)' newest research report, the “Automotive Engine Actuators Industry Forecast” looks at past sales and reviews total world Automotive Engine Actuators sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Engine Actuators sales for 2023 through 2029. With Automotive Engine Actuators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Engine Actuators industry.
This Insight Report provides a comprehensive analysis of the global Automotive Engine Actuators landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Engine Actuators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Engine Actuators market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Engine Actuators and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Engine Actuators.
The global Automotive Engine Actuators market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Most of the actuators are powered by electric current. As the automotive industry is heading toward the next generation of fuel economy targets and stringent emissions norms, OEMs are focusing on enhancing the fuel efficiency of vehicles. Currently, there is a growing trend of downsizing engines to generate more power while occupying lesser space. It is leading to a reduction in the number of cylinders used, thus decreasing the displacement while maintaining the same power.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Engine Actuators market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
VVT System
Electronic Throttle System
Segmentation by application
Passenger Cars
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Delphi
DENSO
Aisin Group
Eaton
Hitachi Automotive Systems
HUSCO International
Metaldyne
Perodua
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Engine Actuators market?
What factors are driving Automotive Engine Actuators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Engine Actuators market opportunities vary by end market size?
How does Automotive Engine Actuators break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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