Market Share of India Automotive Pneumatic Actuators Industry
India's Automotive Pneumatic Actuators Market is dominated by several key players such as Robert Bosch GmbH, Nidec Corporation, Denso Corporation, Johnson Electric, Aptiv PLC, and Mitsubishi Electric Corporation. The rapid expansion of manufacturing facilities across the country is likely to create lucrative opportunities for the market during the forecast period. For instance,
In September 2023, Marelli introduced a new range of multipurpose smart actuators for electric cars that are designed to simplify the actuation of complex vehicle functions.
In June 2022, Mitsubishi Electric Corporation invested approximately USD 0.027 Billion (INR 2.2 billion) in its subsidiary Mitsubishi Electric India Pvt. Ltd. Through this investment, the company established a new factory in India.
India Automotive Pneumatic Actuators Market Leaders
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Continental AG
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Denso Corporation
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Mitsubishi Electric Corporation
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ZF Friedrichshafen AG
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Robert Bosch GmbH
*Disclaimer: Major Players sorted in no particular order