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Germany’s market for automotive actuators is estimated to grow at a CAGR of 9.12% by 2020. Actuators have been employed in automobiles since long in converting source energy into motion, in short, acting as a trigger for an action. With latest technological advancements, even this trigger component has got upgraded from time to time, in order to the catch up with the growing parent industry. The high-response, high-thrust, electrically driven ball screw actuator, developed by NTN in 2009 was one notable breakthrough development for this component and since then, several other companies have focused on developing better actuators.
The market for electric actuators and a hybrid of electric and hydraulic actuators is expected to grow exponentially over the coming 5 years, owing to the latest advancements such as mini electric actuators. These mini electric actuators find their extensive application in the advanced driver assistance and automotive sensors systems.
Automotive Actuators Market in Germany- Drivers
Some of the key factors driving the growth of the automotive actuators market in Germany are:
Automotive Actuators- Technological Developments
Materials supplier Evonik employed Vestamid HTplus Polypthalamide (PPA) grade in the latest waste date actuator series from Hella KGaA Hueck & Co that controls the flow of gas inside turbochargers and combines high-temperature resistance, good mechanical properties, and chemical resistance. APC International Ltd. developed Piezo auto actuators that are maintenance-free and can be operated billions of times without deterioration. Similarly, Helix Linear Technologies came up with mini electric linear actuators that pose a potential application in tight, compact spaces, like an automotive headlight mount. As a solution for accurate spring and bump stop ratings for racing cars, the Earnhardt Technologies Group (ETG) developed a revolutionary Spring Bump Stop Rater (SBSR) with the integration of Nook Industries’ Action Jack involving a servomotor.
The market has been segmented based on the latest technologies:
Some of the key players in the market are:
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