UK Automotive Actuators Market, Forecast to 2032 Featuring Strategic Analysis of Continental, Robert Bosch, HELLA, BorgWarner, Denso, ZF, Valeo & More
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The UK automotive actuators market is projected to grow significantly, driven by the rise in electric and hybrid vehicles, advanced driver-assistance systems, and consumer demand for comfort features. The market is expected to expand from $2.61 billion in 2024 to $4.72 billion by 2032, with a CAGR of 7.7%.
November 19, 2024 | 9:30 am
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BorgWarner, a key player in the automotive actuators market, is likely to benefit from the growing demand for electric and hybrid vehicles, as well as advanced driver-assistance systems in the UK.
BorgWarner is directly involved in the production of automotive actuators, which are essential for electric vehicles and ADAS. The projected growth in these sectors in the UK suggests a positive impact on BorgWarner's business.
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