Published On : 03 Oct 2016
QYReseachReports.com has recently announced the addition of a new market intelligence report to its vast collection of research studies. The research study, titled “Global Self-driving Vehicle Actuator Market Research Report 2016,” provides a comprehensive analysis, focusing on the growth prospects and key opportunities in the market. The latest trends and limitations in the global self-driving vehicle actuator market have also been included in the research report.
Furthermore, the research study highlights the historical data and forecast statistics of the market and has presented it with the help of charts, tables, and infographics. Additionally, the product segmentation, competition landscape, and geographical segmentation have been discussed at length in the study. Recommendations given by the industry experts have been included in the study to guide the existing and new entrants in formulating business strategies effectively and stand out in the competitive market.
The emergence of advanced driver assistance systems (ADAS) has contributed significantly towards the development of the automotive industry. Nevertheless, the need for active deceleration, active braking systems, and steering systems has increased as machines are comparatively more reliable than a human being. As a result, actuators and controllers have been introduced and are being used extensively in the industry, thus driving the global self-driven vehicle actuators market. Key players in the market are making notable efforts to develop innovative products and encourage the growth of the market in the coming years. Moreover, with the participation of IT giants in this field and rising number of mergers and acquisitions are projected to drive the demand in the near future.
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On the basis of geography, the global market for self-driven vehicle actuator has been classified into China, North America, India, Southeast Asia, Japan, and Europe. Technological advancements in the automotive industry have created several opportunities in the market. In addition, the rising number of vehicles, especially in emerging economies, thanks to the growing disposable income of consumers is expected to augment the growth of the market in the next few years. With the presence of prominent automotive manufacturers, Europe and North America are expected to witness significant growth in the next few years.
The research study further throws light on the competitive landscape of the global self-driven vehicle actuator market and offers an in-depth vendor analysis for the same. The company profiles of the leading players have been included in the study, focusing on their business strategies, financial status, SWOT analysis, and recent developments if any. Some of the players mentioned in the research study are Mando, Zhejiang Asia-Pacific Mechanical & Electronic, Vie Science & Technology, JTEKT, ZFTRW, Bosch, Haldex, Nissin Kogyo, Akebono, NSK, BWI Group, Tuopu Group, Hitachi Automotive Systems, Continental Automotive, Advics, ThyssenKrupp, and Nexteer.