Automotive actuators market was valued at USD 22.8 billion in 2019 and is estimated to register a substantial CAGR of over 7.1% during the forecast period, 2021–2028. The growth of the market is attributed to its rising demand for fuel efficient vehicles, increase in price of energy and oil and continuous pressure and regulations from government bodies. Furthermore, these actuators aid in reducing road fatalities and in fuel pumps, electronic parking brake and head light lifts.

https://growthmarketreports.co....m/report/automotive-