Automotive Actuators Market 2019-2023 | Need for Fuel-Efficient Vehicles to Boost Growth | Technavio

Technavio has been monitoring the automotive actuators market and it is poised to grow by 1.14 billion units during 2019-2023, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Automotive Actuators Market 2019-2023 (Graphic: Business Wire)

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Bosch, Continental, Delphi Technologies, DENSO, HELLA, and Mitsubishi Electric are some of the major market participants. The need for fuel-efficient vehicles will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Need for fuel-efficient vehicles has been instrumental in driving the growth of the market.

Automotive Actuators Market 2019-2023: Segmentation

Automotive Actuators Market is segmented as below:

• Type
  • Passenger Cars
  • Commercial Vehicles
• Application
  • Body Control
  • Interior & Exterior, Engine
  • Chassis
• Geographic Landscape
  • The Americas
  • APAC
  • EMEA

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Automotive Actuators Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive actuators market report covers the following areas:

• Automotive Actuators Market Size
• Automotive Actuators Market Trends
• Automotive Actuators Market Industry Analysis

This study identifies increasing popularity of additive manufacturing in automotive industry as one of the prime reasons driving the automotive actuators market growth during the next few years.

Automotive Actuators Market 2019-2023: Vendor Analysis

We provide a detailed analysis of vendors operating in the automotive actuators market, including some of the vendors such as Bosch, Continental, Delphi Technologies, DENSO, HELLA, and Mitsubishi Electric. Backed with competitive intelligence and benchmarking, our research reports on the automotive actuators market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Automotive Actuators Market 2019-2023: Key Highlights

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will assist automotive actuators market growth during the next five years
• Estimation of the automotive actuators market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive actuators market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automotive actuators market vendors

Table Of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

• Market segmentation by application
• Comparison by application
• Body control, interior, and exterior - Market size and forecast 2018-2023
• Engine - Market size and forecast 2018-2023
• Chassis - Market size and forecast 2018-2023
• Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2018-2023
• Americas - Market size and forecast 2018-2023
• EMEA - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: MARKET SEGMENTATION BY VEHICLE TYPE

• Market segmentation by vehicle type
• Comparison by vehicle type
• Passenger cars - Market size and forecast 2018-2023
• Commercial vehicles - Market size and forecast 2018-2023
• Market opportunity by vehicle type

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Increasing popularity of additive manufacturing in automotive industry
• Increasing trend in adoption of active suspension systems
• Development of autonomous vehicles

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Bosch
• Continental
• Delphi Technologies
• DENSO
• HELLA
• Mitsubishi Electric

PART 14: APPENDIX

• Research methodology
• List of abbreviations

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200402005717/en/