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In both passenger automobiles and commercial vehicles, actuators are an integral component of electronic control systems. Their responsibility is to execute the electrical impulses from the control unit. Electric motors or electromagnetic valves make up the majority of actuators.
The market for electric vehicle actuators is anticipated to grow as a result of the rising expenditures made to collect data on intra-car connectivity.
Industry 4.0 and the Internet of Things (IoT) are two technologies that are increasingly becoming commonplace in the automobile industry. IoT growth and integration are being fueled by the growing usage of EVs. However, the market’s existing businesses are facing difficulties due to data integration concerns for collaborative and connected car applications.
In addition, the industry is quite competitive due to the existence of major companies that have a sizable share of the market. These industry participants are promoting IoT integration in EVs even more.
The Australia EV Actuators Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Bosch is advancing e-mobility with cutting-edge, cost-effective technologies. The complexity of electric powertrain options for passenger automobiles, commercial vehicles, and two-wheelers is rising. This makes it more crucial than ever to be able to quickly adjust them to various application needs.
With its scalable, modular hardware and an AUTOSAR software platform, the ECA (electronic compact actuator) aids in the realization of cost-effective and efficient powertrain solutions.
It is all-encompassing and suitable for many different engine and chassis applications. It uses software-based intelligent technology solutions for the whole powertrain. In terms of torque and electronic setup levels, it is also scaleable.