Report forecast the global automotive engine actuators
market to grow at a CAGR of 7.94% during the period 2017-2021.
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. 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.
Browse This Report - Global Automotive Engine Actuators Market 2017 - 2021
The report covers the present scenario and the growth
prospects of the global automotive engine actuators market for 2017-2021. To
calculate the market size, the report presents a detailed picture of the market
by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based
on geography:
- Americas
- APAC
- Europe
According to the report, one driver in market is increase in
sales of SUVs and crossovers is driving demand for automotive engine actuators
market. The sales of passenger cars are positively correlated with the market
growth of automotive engine actuators market. Global car sales increased by
around 3% in 2016 wherein most of the increment in sales have been contributed
by the sales of SUVs and crossovers in the Chinese and the European passenger
cars market. SUVs in Europe recorded an increase in their market share of about
27% in 2015. The sales of SUVs and crossovers increased by about 9% in the
total US passenger cars market in 2015. Increasing preference for fuel
efficiency and three-row seats in crossovers and SUVs are the main drivers for
the SUVs and crossovers market in the US.
Further, the report states that one challenges in market is
rise in demand for electric vehicles is acting as a deterrent for automotive
engine actuators market. The sales of electric vehicles started picking up
since 2014. Though many factors contributed to the increasing sales of electric
vehicles, the most important are the government initiatives to promote the
adoption of electric vehicles. The electric vehicles market is nurtured by the
governments worldwide to curb carbon emission. The global electric vehicles
market is flourishing due to various benefits and perks provided by the
governments, increased consumer awareness to curb greenhouse gas emissions,
stringent carbon emission norms to reduce the average CO₂ emission by OEMs, and
increase in collaboration among the foreign and regional players.
Global Automotive Engine Actuators Market 2017-2021,
has been prepared based on an in-depth market analysis with inputs from
industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the
key vendors operating in this market.
key players in the global automotive engine actuators
market: Delphi, DENSO, and Aisin Group.
Other Prominent Vendors in the market are: Eaton, Hitachi
Automotive Systems, HUSCO International, Metaldyne, and Perodua.
Market driver
- Low penetration of passenger cars in APAC is leading to higher sales growth.
- For a full, detailed list, view our report
Market challenge
- Rise in demand for electric vehicles is acting as a deterrent for automotive engine actuators market.
- For a full, detailed list, view our report
Market trend
- Compact size passenger car engines being equipped with dual VVT.
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 70 pages “Global Automotive
Engine Actuators Market 2017 - 2021” report covers Executive summary, Scope of the
report, Research Methodology, Introduction, Market landscape, Market
segmentation by application, Geographical segmentation, Decision framework,
Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis,
Appendix.
Please visit this link for more details: http://mrr.cm/UMf
For related reports please visit: EngineActuators Market Research Reports
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at: http://www.marketresearchreports.com/automotive
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