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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A type of smart materials known as plastic actuators can change their shape in response to external signals like changes in temperature or pH as well as applied signals like electrical or magnetic inputs.
Different plastic -based actuators have emerged in recent years and are used in a wide range of sectors, including biomedical, optical, and electronics, among others. Plastic -based actuators play a crucial role in the area of smart materials and devices.
Although there are other types, they are primarily divided into two groups based on their various operating principles: electromechanical, which converts electrical energy into mechanical energy, and magneto-mechanical, which converts magnetic energy into mechanical energy.
The Global EV actuator plastics market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024to 2030.
One of the top producers of a variety of plastic parts for automobile actuators is forteq. With experience in many different automotive applications, They assist the customers with the design and production of a wide variety of actuator components.
The use of plastic components in actuators rather than metal ones has various advantages. These consist of. reduced weight and compact design.improved fuel energy efficiency and a less overall carbon footprint. greater durability and torque. outstanding mechanical performance. Resistance to fatigue.
Ewellix has operated on a global scale as a manufacturer of plastic actuation and linear motion systems. Their linear actuators have gained traction in a variety of sectors, including but not limited to semiconductor manufacturing, construction, agricultural machinery, materials forming metals and plastics, and medical imaging and equipment. It was formerly a part of the SFK Group, but Triton now owns the entire thing.
Polyplastics Many electric actuator parts employ DURANEX PBT because it can continue to function even under the challenging conditions that automotive parts are subjected to.
Parts on the bottom of cars are exposed to oil and other contaminants due to their proximity to the road, as well as water and snow melting agents from the road surfaces.
Due to their proximity to the engine, motor, and other heat-producing components, these components likewise heat up. Due to its excellent heat resistance, superior chemical resistance, and slow rate of property changes from water absorption, PBT is consequently chosen for usage in numerous actuator parts.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |