GLOBAL ENGINE ACTUATORS MARKET ANALYSIS
Global Engine Actuators Market: Restraint
Rising popularity of electric vehicles and growing sales of vehicles utilized for sports are major factors restraining growth of the global engine actuators market. For instance, according to the International Energy Agency (IEA), over 750 thousand units of electric vehicles were sold in 2016, globally. Hence, increasing production of electric vehicles will decrease the demand for engine actuators in vehicles, as electric cars and other luxurious vehicles have high performance engines, which do not require engine actuator for engine operation.
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