Global Automotive Actuators Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Brake actuators, Cooling Valve actuators, EGR actuators, Grill Shutter actuators, Headlamp Actuators, HVAC Actuators, Power Seat Actuators, Power Window Actuators, Steering Column Adjustment Actuators, Sunroof Actuators, Tailgate Actuators, Throttle Actuators, Turbo Actuators, Telescopic Actuators, Piezoelectric Actuators, and Door Lock Actuators.

By Actuation;

Hydraulic, Pneumatic, and Electric.

By Motion;

Linear and Rotary.

By Vehicle Type;

On-highway Vehicle and Off-highway Vehicle.

By On-Highway Type;

Passenger cars, Light Commercial Vehicles, and Heavy Commercial Vehicles.

By Application;

Engine, Body control & exterior, and Interior.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn798358206 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Automotive Actuators Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Actuators Market was valued at USD 30,036.62 million. The size of this market is expected to increase to USD 49,897.17 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.5%.

Automotive actuators serve as essential components of electronic control systems in both commercial and passenger vehicles, playing a vital role in controlling various automobile mechanisms. These actuators are responsible for bringing these mechanisms into motion by converting and supplying energy from different sources, including electricity and hydraulics. Within the engine system, automotive actuators contain internal relays that help activate control valves, regulating processes such as fuel injection and exhaust gas recirculation. They also play a crucial role in climate management systems by controlling throttles to direct airflow for heating, ventilation, and air conditioning.

In addition to their role in engine and climate control, automotive actuators are integral to other vehicle functions, such as operating power liftgates and adjusting engine flywheel rotation speed and torque. By optimizing these parameters, automotive actuators contribute to overall vehicular efficiency and performance. Beyond the automotive sector, actuators find extensive use in industrial applications, where they are employed to operate valves, fluid couplings, and dampers. Their versatility and reliability make them indispensable in various industrial processes, where precise control and motion are essential for optimal operation.

They are available in hydraulic, electric, and pneumatic variants, catering to different vehicle systems and requirements. Hydraulic actuators utilize fluid pressure to generate motion, offering high power density and robust performance. Electric actuators, on the other hand, rely on electrical energy for operation, providing precise control and compatibility with modern electronic systems. Pneumatic actuators use compressed air to produce motion, offering quick response times and simple installation. As automotive technology continues to advance, the demand for innovative actuators with enhanced performance and efficiency is expected to grow, driving further advancements in this critical component of vehicle control systems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Actuation
    3. Market Snapshot, By Motion
    4. Market Snapshot, By Vehicle Type
    5. Market Snapshot, By On-Highway Type
    6. Market Snapshot, By Application
    7. Market Snapshot, By Region
  4. Global Automotive Actuators Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Demand for Advanced Driver Assistance Systems (ADAS)
        2. Focus on Vehicle Lightweighting
        3. Rising Consumer Demand for Comfort and Convenience
        4. Increasing production of premium vehicles
      2. Restraints
        1. Regulatory Compliance and Standards
        2. High Initial Investment Costs
        3. Volatility in Raw Material Prices
        4. Declining share of diesel passenger cars
      3. Opportunities
        1. Advancements in Autonomous Driving Technology
        2. Integration of Smart Actuators and Connectivity
        3. Advancements in Autonomous Vehicles
        4. Increasing demand for electric vehicles
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Actuators Market, By Product Type, 2020 - 2030 (USD Million)
      1. Brake actuators
      2. Cooling Valve actuators
      3. EGR actuators
      4. Grill Shutter actuators
      5. Headlamp Actuators
      6. HVAC Actuators
      7. Power Seat Actuators
      8. Power Window Actuators
      9. Steering Column Adjustment Actuators
      10. Sunroof Actuators
      11. Tailgate Actuators
      12. Throttle Actuators
      13. Turbo Actuators
      14. Telescopic Actuators
      15. Piezoelectric Actuators
      16. Door Lock Actuators
    2. Global Automotive Actuators Market, By Actuation, 2020 - 2030 (USD Million)
      1. Hydraulic
      2. Pneumatic
      3. Electric
    3. Global Automotive Actuators Market, By Motion, 2020 - 2030 (USD Million)
      1. Linear
      2. Rotary
    4. Global Automotive Actuators Market, By Vehicle Type, 2020 - 2030 (USD Million)
      1. On-highway Vehicle
      2. Off-highway Vehicle
    5. Global Automotive Actuators Market, By On-Highway Type, 2020 - 2030 (USD Million)
      1. Passenger cars
      2. Light Commercial Vehicles
      3. Heavy Commercial Vehicles
    6. Global Automotive Actuators Market, By Application, 2020 - 2030 (USD Million)
      1. Engine
      2. Body control & exterior
      3. Interior
    7. Global Automotive Actuators Market, By Geography, 2020 - 2030 (USD Million)
      1. North America

        1. United States

        2. Canada

      2. Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Nordic

        7. Benelux

        8. Rest of Europe

      3. Asia Pacific

        1. Japan

        2. China

        3. India

        4. Australia & New Zealand

        5. South Korea

        6. ASEAN (Association of South East Asian Countries)

        7. Rest of Asia Pacific

      4. Middle East & Africa

        1. GCC

        2. Israel

        3. South Africa

        4. Rest of Middle East & Africa

      5. Latin America

        1. Brazil

        2. Mexico

        3. Argentina

        4. Rest of Latin America

  6. Competitive Landscape
    1. Company Profiles
      1. Robert Bosch GmbH
      2. Hella GmbH & Co. KGaA
      3. Continental AG
      4. Johnson Electric
      5. Denso Corporation
      6. Mitsubishi Electric Corporation
      7. Nidec Motors & Actuators
      8. Borgwarner Inc
      9. Hitachi Automotive Systems, LTD.
      10. Stoneridge Inc.
      11. Mahle GmbH
      12. EFI Automotive
  7. Analyst Views
  8. Future Outlook of the Market

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