Six out of Ten Automotive Actuators Observe Sales Through Aftermarket, Reveals Fact.MR
Lucrativeness of aftermarket automotive actuator sales will retain its preeminence, albeit sales growth in OEM continues to give a tough competition with a CAGR difference of just 0.1% through 2027. Over 6 out of 10 automotive actuators will witness sales in the aftermarket during the period 2018 to 2027, according to recent Fact.MR report. Relative dominance of aftermarket in the automotive actuator market is the result of availability of comparatively affordable actuators, which are designed for functioning as effectively as...
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