Market Research Future (MRFR) has launched a new release on the global Automotive Torque Actuator Motor Market. The report presents a thorough overview of the global Automotive Torque Actuator Motor Market on the back of a detailed analysis of the market’s historical growth trajectory and leading segments. The market’s historical growth trajectory is assessed in detail in the report in order to understand the major factors underlying the market’s growth in the study period. Market Synopsis:
Data experts predict the increase in engine downsizing as one of the important factors backing the automotive torque actuator motors market growth. Engine downsizing involves the use of a small engine for generating power needed for the vehicle by a boosting device, like turbocharger, direct injection technology and supercharger. Engine downsizing provides a host of benefits such as the reduction in vehicle size, which gives way to fuel efficiency as well as reduction in carbon emissions. These factors are bound to increase growth prospects of the market in the near future.
Another factor working in favor of the automotive torque actuator motors market is the imposition of regulations by governments with regard to vehicle emissions across various countries. This will boost the demand for turbochargers, which is expected to do wonders for the torque actuator motors market. Torque actuators in automobiles are used for precision and controlling vehicle parameters including the rpm, speed, engine overheating and flywheel rotation, which could boost the market demand during the evaluation period.
The report also identifies the soaring demand for electric vehicles (EVs) as a prominent factor that could accelerate market growth in the forthcoming years. Conventional (ICE) vehicles are extensively used in the automotive industry, as they have efficient engine-mechanism as well as improved engine productivity. With fast-track advancements in the EV technology, EV batteries are more efficient, which augments adoption of electric vehicles.
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Market Segmentation
The worldwide Automotive Torque Actuator Motor Market has been studied on the basis of type, motion output and application.
Depending on the type, the market is considered for pneumatic, electric and mechanical.
With respect to motion output, the market includes linear, rotary and electric.
Application-wise, the market can be narrowed down to electronic throttle control (ETC), turbocharger, exhaust gas circulation (EGC) and others. The electronic throttle control (ETC) segment is expected to note maximum growth in the Automotive Torque Actuator Motor Market.
Regional Outlook
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