Automotive Smart Actuators Market Report Forecasts High Growth Opportunities in Passenger Vehicles to 2030, Featuring Supplier Profiles for Valeo, Mitsubishi Electric and Marelli [Yahoo! F...
MITSUBISHI ELEC UNSP/ADR (MIELY)
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mitsubishielectric.com/company/ir/index.html
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Source: Yahoo! Finance
The automotive industry has relied on actuators for quite some time. These components convert energy into motion, using electric, hydraulic, or pneumatic control. Smart actuators are an improvement over traditional actuators, and they work in tandem with the surrounding sensors and electronics to provide adjustments on the fly. Programmable logic and control units run the smart actuators. Essentially, smart actuators bundle onboard controls, communication, and feedback to the electronic control unit (ECU) and other sensors. Their design considers reliability, precision control, and ease of automation. This report includes a forecast for the global smart actuators market in the passenger vehicle space from 2023 to 2030. The forecast covers four segments: powertrain and transmission, body, chassis, and HVAC systems. The analysis includes a unit shipment forecast and revenue forecast. Market growth drivers and restraints are also included as well as the top growth opportunity area
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