The report presents an in-depth assessment of the Mexico Automotive Pneumatic Actuators Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Mexico Automotive Pneumatic Actuators investments from 2021 till 2025. This research report also provides post COVID-19 impact analysis of the Mexico Automotive Pneumatic Actuators industry.
Mexico Automotive Pneumatic Actuators market is growing at a CAGR of 4% during the forecast period (2021-2025).
The Mexico Automotive Pneumatic Actuators market is highly competitive and consists of a number of major players. Top Companies like ASCO Valve Inc, Continental AG, CTS Corporation, Sahrader Ducan Limited, Delphi Automotive PLC, Denso Corporation, Numatics Inc, Hitachi Ltd, Roert Bosch GmbH
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Scope of the Report
– The growth of fuel-efficient vehicles and the inclusion of advanced driver assistance systems (ADAS), majorly braking and throttle systems (like adaptive cruise control (ACC) and autonomous emergency braking features), in new vehicles and existing vehicles, are the major driving factors for the automotive actuator market.
– Owing to the rising penetration and replacement rate of the pneumatic actuator with pure electric and electro-pneumatic actuators, the market studied is expected to grow at a slow rate, especially for the passenger car segment.
– However, demand for the automotive pneumatic actuator in the commercial vehicle segment is expected to grow due to an increase in production and sales of trucks and semi-trailers globally.
Key Market Trends
Growing Demand for Throttle Actuators
Conventional diesel engines implement sophisticated fuel management systems, such as integrated throttle control units. These engines are popular due to their increased efficiency, enhanced functionality, increased operational safety, and reduced carbon emissions.
Autonomous throttle control actuator is being implemented in the latest 2018 Audi A8 which consists of radar, electronic sensors, and cameras integrated to the actuators to control vehicle speed, without the driver having to pay attention or keep their hands on the wheel.
Advanced throttle actuators provide the ability to integrate control with other vehicle functions. These systems in SUVs allow the engine speed to be monitored for smooth driving over different terrains.
Mexico to Dominate the Automotive Pneumatic Actuator Market in Latin America
Geographically, Latin America is leading the global Automotive Pneumatic Actuator Market followed by North America and Europe. The Latin American region is majorly driven by Mexico.
In Mexico, commercial vehicle sales increased from 4.16 million units in 2017 to 4.37 million units in 2018. This increase can be attributed to diesel vehicles meeting the emission standards from January 2018, along with the rising demand for commercial vehicles. The increase in demand for commercial vehicles can be attributed to an increase in construction and industrial activity, road freight movement.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Mexico Automotive Pneumatic Actuators Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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