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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
A device known as an actuator transforms energy which could be electric, hydraulic, pneumatic, etc. into mechanical work that can be controlled. The type of energy to be converted, as well as the purpose of the actuator, determine the amount and character of input.
For example, electric and piezoelectric actuators require an electric current or voltage input, whereas air or an incompressible liquid is required for hydraulic and pneumatic actuators, respectively. The output is always mechanical energy.
Actuators, unlike artificial intelligence and machine learning, do not frequently appear in the media. However, the truth is that it functions almost as vitally in the modern world as any other invention.
The Spain 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.
Even while today's parking brake, gearbox, and 44 engagement and disengagement are primarily mechanical, they will eventually become electrical. With Greenshift, a new generation of tiny, intelligent, and connected actuators, EFI Automotive is still at the forefront of this transition.
Numerous initiatives centred on this brand-new range, known as Greenshift, have been approved. They involve a European manufacturer as well as a number of significant international firms, with mass manufacturing potentially planned.
Three uses for Greenshift actuators are the parking brake or park-lock, disconnecting the four-wheel drive and one of the hybrid vehicle propulsion systems, and shifting gears (shift by wire and gear shifting).
An electronic actuator rather than a lever that exerts a mechanical force on a cable is used by the park-lock. Because of this, the actuator motor's control logic adjusts at each stop along the way. This is a fantastic illustration of the idea of "intelligent control."
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, 2022-2027 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
21 | Product installation rate by OEM, 2022 |
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, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |