DUBLIN–(BUSINESS WIRE)–Nov 17, 2020–
The “North America Automotive Hydraulic Actuators Market – Growth, Trends and Forecasts (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering.
Rising automation and digitalization in the automotive industry are increasing the demand for vehicles with advanced features and connectivity.
The modern passenger vehicle is equipped with several motors to control various applications such as headlight positioning, seat adjustment, grill shutter, HVAC systems, and coolant and refrigerant valves, among others. Actuators play a key role in activating these applications as they convert an electric signal into the required linear and rotary motion to produce the required physical movement.
With advancements in technology, autonomous vehicles are expected to install various actuators to enhance safety and comfort. The automotive actuators market is growing continuously due to the constant growth in production as well as sales of automobiles (passenger cars, LCVs, HCVs, and off-highway vehicles) across the globe. Sensors, software programs, controller hardware, and actuators are considered to be the backbone of the present and future automotive systems.
Key Market Trends
Off-highway vehicle segment is estimated to be the fastest during the forecast period
The off-highway vehicle segment is anticipated to be the fastest in the automotive actuators market. Increasing government investments in infrastructural development, thriving agricultural businesses in developing nations, and the emergence of leased/rent-based equipment are driving the off-highway vehicle market. The traditional role of actuators in off-highway vehicles has involved the application of force to perform tasks. As vehicles become complex, OEMs are accumulating features that naturally involve the use of electronic controls to deliver more complex, optimized, and safer motion.
Increase in Automation Driving Growth
Of all the application types, the throttle actuator involves the conversion of the mechanical force applied on the accelerator pedal, resulting into proportionate throttle control, which involves appropriate opening of the throttle valve, in the engine combustion chamber. The fuel injection actuator involves the opening of the fuel injection port located in the engine, according to the set idle timing of the engine, which helps to inject the fuel into the engine combustion chamber.
The working of this actuator is thus related to the throttle control valve and can be adjusted through the electronic control unit of the automobile. The brake actuator involves conversion of the mechanical force exerted on the brake pedal and conversion of the same into proportionate working of the brake system, which involves friction between either the drums of the drum brake or the brake pads and the disc within the disc brake mechanism.
The key players in global automotive actuators market are Continental AG, Aptiv PLC, Robert Bosch GmbH, Denso Corporation, Hella KGaA Hueck & Co., and Stoneridge Inc., Wabco Holdings Inc., Mitsubishi Electric Corporation, Nidec Corporation, and Sonceboz SA are among others.
Key Topics Covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porters Five Forces Analysis
5 MARKET SEGMENTATION
5.1 Application Type
5.1.2 Seat Adjustment