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Automotive Actuator Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Bosch, HELLA, Schaeffler, Denso

24 Mar, 2022 | 133 Pages
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The Global Automotive Actuators Market size is projected to grow at a CAGR of 8.9% during the forecast period to reach USD 38.3 billion by 2027.



Automotive Actuator Market Overview



The use of actuators has grown tremendously because of technological advancements in the automotive industry like advanced driver assistance systems (ADAS), autonomous vehicles, lane keep assist, automated brake assists, and more. In modern vehicles, features like advanced driver assistance systems (ADAS), adaptive front-lighting systems (AFS), and adaptive cruise control (ACC) are deployed.




  • It is expected that the high cost of the BLDC actuator I likely to observe a decline due to a fall in the price of electronics. It is anticipated to witness much higher deployment in various automotive applications.




  • The rising demand for fuel-effective vehicles and increasing demand for advanced actuator products, among the buyers, is convincing the major manufacturers to invest in the research and development department.



Automotive actuators are transducers that convert energy into motion. Their primary responsibility is to control different mechanisms in vehicles like controlling doors, applying brakes, regulating the lights, and more. In automotive these devices control a range from a simple switch to high power hydraulic devices and valves. Different motors such as linear motor, permanent magnet DC motor and stepper motor control the actuators. The major factors which are triggering the growth of the market are the growing automotive market and the introduction of new CO2 emission rules in developed and developing economies. 



The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Automotive Actuator market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends. Also, the attractiveness of the market has been presented By Region, Automotive Actuator Type. Additionally, the major opportunities, trends, drivers, and challenges of the industry have been analyzed in the report.3



Who are the Major Players in the Automotive Actuator market?



The global Automotive Actuator market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report include Bosch, HELLA, Schaeffler, Denso, Inteva Products, Valeo, Rheinmetall Automotive, Magna International, Mahle, Stoneridge, Magneti Marelli, Mitsubishi Electric, Johnson Electric, Hitachi, Knorr-Bremse, Woco Industrietechnik, Continental, NTN, Aisin Seiki, Haldex (BorgWarner), Alfmeier Praezision, Eaton, Hyundai Kefico, Murakami, Harada Industry, Inzi Controls, EKK, NOK, Dongfeng Motor, APC International, Ltd., CTS Corporation, CVEL Automotive Electronics, Delphi Automotive PLC and others.



Industry News and Developments:



The Tesla’s $250,000 supercar to Ford’s electric F-150, these are the 18 coolest EVs set to hit the streets.



Ford warned that the chip shortage alone could reduce earnings by $1 billion to $2.5 billion this year. General Motors put its number at $2 billion. While Honda didn't put out a dollar figure, it warned last month that it expects to sell about 100,000 fewer vehicles worldwide this year solely because of the chip shortages.



Google and Ford are teaming up in an alliance to meet reinvent virtually The Android-based operating system while, will be able to monitor a vehicle once it’s out on the road, warning owners if there’s a mechanical problem developing  while also advising them if it’s time for service, even automatically setting up a dealer appointment.




  • Hella



Hella expanded its electronics competence in the area of special applications. The company expanded its product spectrum ranging from actuators, sensors, and energy management through body electronics right up to driver assistance systems. Universal Rotary Actuator (URA) in the agricultural sector is expected to play a significant role in this development.




  • Continental



Continental announced the ground-breaking of its greenfield plant in Talegaon, Pune, dedicated to its powertrain business. EUR 30 million is to be invested in infrastructure and building. The construction phase has already been initiated. Production start is scheduled for various drivetrain products, including engine management systems, sensors, and actuators, as well as fuel and exhaust management components for passenger cars, 2-wheelers, and commercial vehicles.




  • DENSO Corporation and Smiths Manufacturing (Pty) Limited



Owned by Metair Investments Limited, announced the establishment of DENSO Sales South Africa (Pty) Limited, a joint venture dedicated to selling aftermarket products and services in Southern Africa. South Africa has one of the largest economies in Africa, and car ownership is the highest in the region. DENSO established DENSO Sales South Africa to sell repair parts and accessories and offer services such as repairs for passenger cars and commercial vehicles in South Africa and neighboring countries.




  • BorgWarner



BorgWarner introduced its next generation of cam torque actuators—intelligent cam torque actuation (iCTA)—delivering better fuel economy and reduced emissions with its innovative technology. iCTA combines benefits of cam torque actuation and torsional assist. This technology is expected to first appear on a variety of vehicles from two major vehicle manufacturers in China and North America.




  • Mitsubishi Motors to Launch the All-New Outlander PHEV Model with a New-Generation PHEV System This Fiscal Year

    Tokyo – Mitsubishi Motors Corporation (MMC) will launch a plug-in hybrid (PHEV) model of the all-new Outlander, a crossover SUV, fully evolved with a new-generation PHEV system. The vehicle will roll out in Japan in the second half of this fiscal year. With improved motor output and increased battery capacity over the current model, the all-new Outlander PHEV model delivers more powerful road performance and greater driving range. Based on the newly developed platform, integrated components and an optimized layout allow the new model to accommodate seven passengers in three rows, offering a new level of comfort and utility in an SUV.



MARKET DYNAMICS



Drivers:



-Increase in investments, especially in the European region is expected to drive growth of the global Automotive Actuator Market.



-Increase in government regulations for fuel-efficient vehicles in the developing economies is boosting the market



Restraints:



-Low Preference for Diesel Passenger Cars is expected to restrain the growth of the market.



What are the major Applications, Types, and Regions of Automotive Actuator Market?



The automotive Actuator market is segmented based on the type, applications, companies, and regions.



The seat actuators segment dominates the market contributing more than 20% of the total market share and Demand for passenger vehicles occupied the largest market, with a 65% share.



Based on product type:




  • Brake Actuator

  • Cooling Valve Actuator

  • EGR Actuator

  • Grille Shutter Actuator

  • Headlamp Actuator

  • Hood Lift Actuator

  • HVAC Actuator

  • Piezoelectric Actuator

  • Power Seat Actuator

  • Power Window

  • Quick Attach

  • Steering Column Adjustment Actuator

  • Sunroof Actuator

  • Tailgate Actuator

  • Telescopic Actuator

  • Throttle Actuator

  • Turbo Actuator



Based on vehicle type:




  • On-Highway

  • Off-Highway



Based on on-highway vehicles:




  • Passenger Car

  • Light Commercial Vehicle

  • Heavy Commercial Vehicle



Based on the motion:




  • Linear

  • Rotatory



Based on application:




  • Engine

  • Body & Exterior

  • Interior



Regional Analysis:



Asia-Pacific Continues to Capture the Major Market Share



The market in the Asia-Pacific region is expected to grow at a faster pace, with India, Japan, and China stepping toward becoming automotive component manufacturing hubs and supplying to countries, such as the United States and Germany. The increasing sales of both passenger cars and commercial vehicles is driving the market.




  • Some of the key players in China are Limon Precision & Speed, Nutork Actuators & Valves, Brose, HELLA China, Mitsubishi, Changzhou, and Shengjie Electronic Co. The latest innovation in the Chinese market is mini-electric actuators, which help the headlights to track and illuminate the road, on the move. This feature is available in many high-end models.

  • The factors that are making China one of the largest growing markets for actuators are the low costs, due to the domestic concentration of manufacturing plants, and people buying more vehicles.



Asia Pacific is expected to be the largest market, followed by Europe and North America. China is estimated to dominate the Asia Pacific automotive actuator market with the largest revenue share during the forecast period. China is the world’s largest vehicle manufacturer, which is expected to be a driving factor for the growth of this market in the country. Moreover, China has the potential to produce automotive components in large volumes at a lower cost, which provides it a competitive edge over other country.



What is our report scope?



The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2022-2027.




  • The report analyses Automotive Actuator market By Value.

  • The report presents the analysis of Automotive Actuator market for the historical period of 2017-2021 and the forecast period of 2022-2027.



























































Report Attributes



Report Details



Report Title



Automotive Actuator Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Bosch, HELLA, Schaeffler, Denso, Inteva Products



Forecast Period 2022 to 2027 CAGR



CAGR of 8.9% over the forecast period (2022-2027)



By Type




  • Brake Actuator

  • Cooling Valve Actuator

  • EGR Actuator

  • Grille Shutter Actuator

  • Headlamp Actuator

  • Hood Lift Actuator

  • HVAC Actuator

  • Piezoelectric Actuator

  • Power Seat Actuator

  • Power Window

  • Quick Attach

  • Steering Column Adjustment Actuator

  • Sunroof Actuator

  • Tailgate Actuator

  • Telescopic Actuator

  • Throttle Actuator

  • Turbo Actuator



By Application




  • Engine

  • Body & Exterior

  • Interior



By Companies



Bosch, HELLA, Schaeffler, Denso, Inteva Products, Valeo, Rheinmetall Automotive, Magna International, Mahle, Stoneridge, Magneti Marelli, Mitsubishi Electric, Johnson Electric, Hitachi, Knorr-Bremse, Woco Industrietechnik, Continental, NTN, Aisin Seiki, Haldex (BorgWarner), Alfmeier Praezision, Eaton, Hyundai Kefico, Murakami, Harada Industry, Inzi Controls, EKK, NOK, Dongfeng Motor, APC International, Ltd., CTS Corporation, CVEL Automotive Electronics, Delphi Automotive PLC



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



133



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Report




  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.



All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.



Frequently Asked Questions



What is the study period of this market?





The Automotive Actuator Market is studied from 2017 - 2027.



What is the growth rate of the Automotive Actuator Market?





The Automotive Actuator Market is growing at a CAGR of 8.9% over the next 5 years.



Who are the key players in Automotive Actuator Market?





Bosch, HELLA, Schaeffler, Denso, Inteva Products, Valeo, Rheinmetall Automotive, Magna International, Mahle, Stoneridge, Magneti Marelli, Mitsubishi Electric, Johnson Electric, Hitachi, Knorr-Bremse, Woco Industrietechnik, Continental, NTN, Aisin Seiki, Haldex (BorgWarner), Alfmeier Praezision, Eaton, Hyundai Kefico, Murakami, Harada Industry, Inzi Controls, EKK, NOK, Dongfeng Motor, APC International, Ltd., CTS Corporation, CVEL Automotive Electronics, Delphi Automotive PLC



What regions does this Automotive Actuator Market report cover?





North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the major end-use applications of Automotive Actuator Market?





Engine, Body & Exterior, Interior


  1. INTRODUCTION

    1. MARKET DEFINITION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMELINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL AUTOMOTIVE ACTUATOR MARKET BY APPLICATION

    3. GLOBAL AUTOMOTIVE ACTUATOR MARKET BY TYPES



  4. MARKET DYNAMICS

    1. DRIVERS

    2. INCREASING DEMAND FOR AUTOMOTIVE ACTUATOR RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGULATIONS

      2. HIGH COST OF RAW MATERIAL



    3. OPPORTUNITIES

      1. AUTOMOTIVE ACTUATOR GROWTH

      2. APPLICATION OF AUTOMOTIVE ACTUATOR



    4. IMPACT OF COVID 19



  5. GLOBAL AUTOMOTIVE ACTUATOR MARKET, BY TYPES

    1. INTRODUCTION

    2. BRAKE ACTUATOR

    3. COOLING VALVE ACTUATOR

    4. EGR ACTUATOR

    5. GRILLE SHUTTER ACTUATOR

    6. HEADLAMP ACTUATOR

    7. HOOD LIFT ACTUATOR

    8. HVAC ACTUATOR

    9. PIEZOELECTRIC ACTUATOR

    10. POWER SEAT ACTUATOR

    11. POWER WINDOW

    12. QUICK ATTACH

    13. STEERING COLUMN ADJUSTMENT ACTUATOR

    14. SUNROOF ACTUATOR

    15. TAILGATE ACTUATOR

    16. TELESCOPIC ACTUATOR

    17. THROTTLE ACTUATOR

    18. TURBO ACTUATOR



  6. GLOBAL AUTOMOTIVE ACTUATOR MARKET, BY APPLICATION

    1. INTRODUCTION

    2. ENGINE

    3. BODY & EXTERIOR

    4. INTERIOR



  7. GLOBAL AUTOMOTIVE ACTUATOR MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASIAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1.  BOSCH

      2.  HELLA

      3.  SCHAEFFLER

      4.  DENSO

      5.  INTEVA PRODUCTS

      6.  VALEO

      7.  RHEINMETALL AUTOMOTIVE

      8.  MAGNA INTERNATIONAL

      9.  MAHLE

      10.  STONERIDGE

      11.  MAGNETI MARELLI

      12.  MITSUBISHI ELECTRIC

      13.  JOHNSON ELECTRIC

      14.  HITACHI

      15.  KNORR-BREMSE

      16.  WOCO INDUSTRIETECHNIK

      17.  CONTINENTAL

      18.  NTN

      19.  AISIN SEIKI

      20.  HALDEX (BORGWARNER)

      21.  ALFMEIER PRAEZISION

      22.  EATON

      23.  HYUNDAI KEFICO

      24.  MURAKAMI

      25.  HARADA INDUSTRY

      26.  INZI CONTROLS

      27.  EKK

      28.  NOK

      29.  DONGFENG MOTOR

      30.  APC INTERNATIONAL

      31.  LTD.

      32.  CTS CORPORATION

      33.  CVEL AUTOMOTIVE ELECTRONICS

      34.  DELPHI AUTOMOTIVE PLC





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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