A component used to regulate and move a machine or system is an engine actuator. Actuators are an important component of electronic control systems in automobiles and trucks. It is their responsibility to translate electrical impulses from the control unit into actions. Electric motors or electro-magnetic valves are the most common actuators. An actuator needs an energy source and a control signal that are both relatively low in energy, such as hydraulic or pneumatic pressure, electric current or voltage, or even human power. When they receive a control signal, they turn energy into mechanical motion.
As a result of the growing demand for fuel-efficient vehicles around the world, the market for engine actuators is expected to rise. This is due to issues such as the growing need for safety features, restrictions regarding exhaust gas pollution, and the scarcity of conventional fuels. The European Union made fleet-wide average carbon dioxide levels mandatory. New laws mandate that new automobile CO2 emissions decrease to 95 grammes per kilometre by 2021, down from a prior statutory threshold of 130 grammes per kilometre for the fleet average in 2015.
As a result of the aforementioned factors, there was a boost in demand for engine actuators to improve engine performance and fuel efficiency, propelling the engine actuators market in this area to new heights. Due to the increasing sales of passenger and commercial cars as well as the rapid growth of the automotive sector in this region, the market is predicted to grow strongly in Asia Pacific. According to the India Brand Equity Foundation (IBEF), India was the world's fifth-largest auto market in 2020, with 3.49 million passenger and commercial cars sold.
Moreover, India was the seventh largest manufacturer of commercial vehicles in 2019, which in turn, is driving the growth of the engine actuators market in the Asia Pacific, especially in India. However, increasing production and sales of electric vehicles is expected to decrease the demand for engine actuators, as electric vehicles have high performance engines, which do not require engine actuator for engine operation. According to the International Energy Agency, around 30% of the new vehicle sales in India will be electric by 2030. This in turn is expected to restrain the growth of the engine actuators market.
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