Automotive Drive Shafts Market to Hit US$8.9 Billion by 2024

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Automotive Actuators Market to Grow at a 10.75% CAGR Forecast to 2020


Automotive Actuators Market to Grow at a 10.75% CAGR Forecast to 2020
- Automotive Actuators Market 2016 Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast to 2020PUNE, INDIA, January 19, 2017 / EINPresswire.com / -- 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.Request a sample report @ https://www.wiseguyreports.com/sample-request/365114-global-automotive-actuators-market-growth-trends-and-forecasts-2015-2020 The global market for Automotive Actuators is estimated to touch $22.41 billion by 2020 with an estimated CAGR of 10.75% over the forecast period.
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Automotive Thermal System Market Expected to Reach $60,000 Million, Globally, by 2022


Automotive Thermal System Market Expected to Reach $60,000 Million, Globally, by 2022
- (Logo: http://photos.prnewswire.com/prnh/20140911/647229 )Increase in usage of advanced HVAC systems in automobiles and rise in propensity to spend on developing economies are major factors that boost the market growth.However, high cost of thermal systems restrains the growth of the market.Technological advancements and growth in demand for automotive thermal systems in developing economies are anticipated to generate lucrative business opportunities for market players.
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Automotive Sensors Market to Reach $37 Billion by 2022, Globally


Automotive Sensors Market to Reach $37 Billion by 2022, Globally
- PORTLAND, Oregon and PUNE, India, January 19, 2017 /PRNewswire/ --A new report published by Allied Market Research, titled, "Automotive Sensors Market by Product and End User - Global Opportunity Analysis and Industry Forecast, 2014-2022", projects that the automotive sensors market was valued at $22 billion in 2015, and is expected to reach $37 billion by 2022, growing at a CAGR of 7.5% from 2016 to 2022.MEMS sensor is expected to dominate this market from 2016 to 2022.Europe would continue to lead, accounting for approximately 35% share of the global automotive sensors market revenue in 2015.
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Automotive Drive Shafts Market to Hit US$8.9 Billion by 2024


Automotive Drive Shafts Market to Hit US$8.9 Billion by 2024
- Heavy Commercial Vehicles to be Prime Consumers of Automotive Drive ShaftsOn the basis of vehicles, the market is divided into passenger cars, heavy commercial vehicles, and light commercial vehicles.Of these, the heavy commercial vehicles are expected to show steady growth rate in the coming years due to their demand in the transportation industry.The research report states, that the heavy commercial vehicles segment will rise at a CAGR of 6.2% between 2016 and 2024.
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