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Stock impact report

Global Automotive Actuators Market Report 2024-2030: Rising Demand for Fuel Efficiency, Vehicle Performance, Safety Features, and Electric Vehicles Accelerating Growth [Yahoo! Finance]

CTS Corporation (CTS) 
Last cts corporation earnings: 4/23 08:00 am Check Earnings Report
US:NYSE Investor Relations: ctscorp.com/investors
Company Research Source: Yahoo! Finance
of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering. The global automotive actuators market, critical to modern vehicle functions, is projected to reach US$ 40.93 billion by 2030, experiencing significant growth with a CAGR of 6.71% from 2024 to 2030. Automotive actuators, integral to the operation of a myriad of systems from engine management to suspension, are witnessing a dramatic shift with the increasing preference for electric and hybrid vehicles. Key driving factors for the market include the demand for increased fuel efficiency, enhanced vehicle performance, and improved safety features. The market is also seeing a rise in the adoption of electric vehicles and smart actuators integrated with sensor technology. These advancements are propelling the market forward and are expected to play a crucial role in the future of autonomous vehicles. The automotive actuators market is segmented by type, vehicle, application, and geography. Amon Show less Read more
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