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The South Korea Automotive Pneumatic Actuator Market is segmented By Application Type (Throttle Actuator, Fuel Injection Actuator, Brake Actuator, and Others), and By Vehicle Type (Passenger Cars and Commercial Vehicles)
The South Korea Automotive Pneumatic Actuator Market is anticipated a register a CAGR of over 4% during the forecast period (2020 - 2025).
South Korea Automotive Pneumatic Actuator Market report contains the latest trends and technological developments in the market and demand by Application Type and By Vehicle Type.
|Fuel Injection Actuators|
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Conventional diesel engines implement sophisticated fuel management systems, such as integrated throttle control units. These engines are popular due to their increased efficiency, enhanced functionality, increased operational safety, and reduced carbon emissions.
Autonomous throttle control actuator is being implemented in the latest 2018 Audi A8 which consists of radar, electronic sensors, and cameras integrated to the actuators to control vehicle speed, without the driver having to pay attention or keep their hands on the wheel.
Advanced throttle actuators provide the ability to integrate control with other vehicle functions. These systems in SUVs allow the engine speed to be monitored for smooth driving over different terrains.
Products, such as the Electronic Throttle Control 12 by Continental, have high performance, low weight in a small package, low leakage, and are capable of turbo applications, due to their high torque.
Failures in throttle actuators systems have occurred, such as accidents reported in cars by Tesla and Toyota due to faulty sensors that may lead to a lack of response from the throttle actuators, due to high resistance to acceleration given by the driver.
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Geographically, South Korea is leading the global Automotive Pneumatic Actuator Market.
In South Korea, commercial vehicle sales increased. This increase can be attributed to diesel vehicles meeting the emission standard, along with the rising demand for commercial vehicles. The increase in demand for commercial vehicles can be attributed to an increase in construction and industrial activity, road freight movement.
Some of the key players in the supply of automotive actuators globally are Denso International, Hella Automotive, Robert Bosch, Mitsuba Corporation.
The most prominent actuator application in the region is wiper motors, power window motors, door actuators, seat motors, and brake actuators. Rear door actuators and body actuators are the other types of actuators most commonly used in a passenger vehicle in the region.
Stringent emission rules by the government for the reduction of emission and fuel consumption are leading to the use of electric vehicles. This reduces the market for fuel-powered vehicles, in which actuators are used.
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The South Korea automotive pneumatic actuators market is fragmented. Some of the major manufacturers in the automotive actuator market include Bosch Rexroth AG, Nidec Corporation, Denso Corporation, Emerson Electric Co, SMC Corporation of America, amongst others.
The demand for advanced actuator products among the buyers is compelling the major manufacturers to invest in R&D activities.
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porters Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Application Type
5.1.1 Throttle Actuators
5.1.2 Fuel Injection Actuators
5.1.3 Brake Actuators
5.2 Vehicle Type
5.2.1 Passenger Cars
5.2.2 Commercial Vehicle
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 ASCO Valve Inc
6.2.2 Continental AG
6.2.3 CTS Corporation
6.2.4 Sahrader Ducan Limited
6.2.5 Delphi Automotive PLC
6.2.6 Denso Corporation
6.2.7 Numatics Inc
6.2.8 Hitachi Ltd
6.2.9 Roert Bosch GmbH
7. MARKET OPPORTUNITIES AND FUTURE TRENDS