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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
The automotive industry frequently uses actuators. To regulate or move a system or device, these motor types use air pressure, electric current, or hydraulic fluid as their driving force.
Actuators use a piston, motor, or other device to function by converting power from, say, an electric or source. Actuators are used to fully open or fully close valves in their most basic form. Positioning regulating or control valves, on the other hand, interpret a positioning signal to precisely move to any intermediate position.
Actuators come in four main categories. They are a result of the combination of the power used and the movement necessary at the valve:Fluid Power Quarter-Turn Actuators, Fluid Power Multi-Turn Actuators, Electric Multi-Turn Actuators Electric, & Quarter-Turn Actuators
The Turkey 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.
Elsim Electrotechnical Systems A.S., situated in Turkey, has been bought by Kollmorgen.For machine engineers across the world, Kollmorgen is a top supplier of integrated automation, automotive actuators, and related components.
Elsim will continue to be a family-run business that offers value-added motion control solutions and has almost 25 years of expertise providing turnkey solutions for Turkish and Eastern European OEMs.
This acquisition strengthens Kollmorgen's commitment to providing machine builders in these areas and around the world with products, services, and knowledge that are at the forefront of their industries.
Elsim employs skilled professionals who each provide a wealth of technical knowledge in automation and motion control to the company. Additionally, they have a well-established research and development staff that collaborates with other parties to address issues and design better solutions.
This knowledge and dedication instantly complement Kollmorgen's history of motion control design and application skills, as well as their desire for giving OEMs the competitive edge they require to flourish.
| 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 |
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