Germany Automotive Actuators Market - Growth, Trends and Forecasts (2015 - 2020)
The market in Germany for Automotive Actuators is estimated to grow at a CAGR of 9.12% till 2020. Continental AG, Robert Bosch, Hella KGaA Hueck & Co., DREHMO GmbH are some of the key players involved in the manufacturing of these systems. As a solution for accurate spring and bump stop ratings for racing cars, the Earnhardt Technologies Group (ETG) developed a revolutionary Spring Bump Stop Rater (SBSR) with integration of Nook Industries’ Action Jack, involving a servomotor. Growing demand for German made high quality vehicles, especially from developing countries, customer proximity and highly qualified engineering personnel and huge investment by the government in R&D are some of the major factors which are driving the actuators market in Germany. The market has been segmented based on the latest technologies: By type (Hydraulic, Penumatic, Electric actuator) By application type (Throttle, Fuel Injection, brake actuator) By vehicle type (Passenger Cars, LCVs, Heavy vehicles). The market for electric actuators and hybrid of electric and hydraulic actuators is expected to grow exponentially over the coming 5 years, owing to the latest advancements such as mini electric actuators. These mini electric actuators find their extensive application in the advanced driver assistance and automotive sensors systems. Materials supplier Evonik employed Vestamid HTplus Polypthalamide (PPA) grade in the latest waste date actuator series from Hella KGaA Hueck & Co., which control the flow of gas inside turbo chargers and combines high temperature resistance, good mechanical properties and chemical resistance. APC International Ltd., developed Piezo auto actuators that are maintenance free and can be operated billions of times without deterioration. Similarly, Helix Linear Technologies came up with mini electric linear actuators that pose a potential application in tight, compact spaces, like an automotive headlight mount. Actuators have been employed in automobiles for long in converting source energy into motion, in short acting as a trigger for an action. With latest technological advancements, even this trigger component got upgraded from time to time, in order to the catch up with the growing parent industry. High-response, high-thrust, electrically driven ball screw actuator, developed by NTN in 2009 was one notable breakthrough development for this component and since then, several other companies have focused on developing better actuators. Report offers the following: This report on Germany automotive actuator market analyzes the current market trends in detail. This report offers the technical aspects and economic data of the market and its forecast to the next 5 years (2015-2020). It also discusses the latest technologies in the automotive actuator systems that are under development and in research pipeline. This report provides the list of major players in the market and gives an in depth analyst perspective of what makes the products and strategies of these players stand out.