Power Seat Actuators to Capture Major Demand Pie in the Global Automotive Actuators Market
NEW YORK, Jan. 28, 2022 /PRNewswire/ — The automotive actuators market study by Fact.MR offers compelling insights into key growth drivers and restraints impacting growth through 2032. The study offers automotive actuators demand outlook and studies opportunities existing in key segments, including product type, vehicle, by working, sales channel and region. It also highlights key strategies adopted by market players to increase automotive actuators sales.
Fact.MR – A Market Research and Competitive Intelligence Provider: The global automotive actuators market is expected to increase at a CAGR of 6.6% from 2022 to 2032, from USD 20.1 billion in 2022 to USD 38.3 billion in 2032.
The global demand for automotive actuators is being pushed by an increase in demand for comfort combined with fuel efficiency, notably in passenger vehicles. In 2022, the demand for passenger vehicles is expected to reach USD 15 billion,
As technology advances, new actuators are likely to be installed on…
