Actuators Market Size, Share, Growth Report 2030

Actuators Market

Actuators Market for Automotive Application: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Category: Heavy Industry Report Format : PDF Report Code: ZMR-566 Status : Upcoming

The actuators market refers to the industry that designs, manufactures, and sells devices that convert energy into motion or force.

Description

Global Actuators Market for Automotive Application: Overview

There are many important components in a vehicle among which one of them is automotive actuators. The actuators drive motion and force in a variety of applications such as operating flaps, low power switches, valves and high power hydraulic devices. The automotive actuators have evolved with time from simple mechanical actuators that consist of manual winding windows and seat adjustments to electronic EGR system, power seats, electronic throttle body, electronic brake system and active grill shutter. There is a rising demand for fuel vehicles, which will help the actuators market to grow.

Global Actuators Market for Automotive Application: Segmentation

The global actuators market for automotive application is segmented into vehicle type, product type and regions. On the basis of the vehicle type, the global actuators market for automotive application is categorized into the light commercial vehicle, passenger car and heavy commercial vehicle. Based on the product type, the global market is segregated into VGT actuator, EGR actuator, grille shutter actuator, throttle actuator, electrical exhaust or sound flaps actuator, wastegate actuator, power seat actuator, intake flap actuator, brake actuator, thermo module actuator. On the basis of regions, the actuators market for automotive application market is diversified into North America, Europe, Asia Pacific and Rest of the World.

Global Actuators Market for Automotive Application: Growth Factors

The actuators market has evolved drastically from working mechanically to automatically. The main factors that are driving the global actuators market for automotive application are the increasing fuel efficiency rules in the developing countries and consumer awareness to use automobiles that are fuel-efficient and give high performance. The automotive market in the recent years has undergone many technological advancements in which the automotive actuators has developed to a great extent and is still developing. The main objective of the automotive industry is to increase the effectiveness and efficiency of the various functional components in the vehicle. The electrical actuators require low voltage, generate less heat, are more compact and deliver higher torque. The electrical actuators make use of the battery to run the actuator and have the electrical circuit to program the actuators operations. Thus, the global actuators market for automotive application is growing in a positive way.

Global Actuators Market for Automotive Application: Regional Analysis

Asia Pacific leads the automobile sector with a large number of automobile OEMs in the region. The major automobile manufacturing companies originated in this region giving the trigger to the actuators market to grow. The countries such as India and China contribute to the growth of the actuators market owing to the growing demand from automobile companies to expand their manufacturing facilities. The North American region is expected to grow at a faster pace than the European region owing to the increasing demand for fuel-efficient automobiles and light and heavy commercial vehicles.

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Global Actuators Market for Automotive Application: Competitive Players

Some of the key market players operating in the global actuators market for automotive applications include APC International, Ltd., Continental Ag, Cvel Automotive Electronics, Denso Corporation, Hella Kgaa Hueck & Co., Iav Automotive Engineering, Magneti Marelli S.P.A., Mitsubishi Electric Corporation, Robert Bosch GmbH, Valeo S.A., Buehler Motor Inc., CTS Corporation, Delphi Automotive Plc., Firgelli Automations, Hitachi, Ltd., Johnson Electric Holdings Ltd., Marsh Automation, Nook Industries, Inc., and Timotion Technology Co. Ltd.

Global Actuators Market for Automotive Application: Segmentation Analysis

Based on the product type

  • VGT actuator
  • EGR actuator
  • grille shutter actuator
  • throttle actuator
  • electrical exhaust or sound flaps actuator
  • wastegate actuator
  • power seat actuator
  • intake flap actuator
  • brake actuator
  • thermo module actuator

On the basis of the vehicle type

  • light commercial vehicle
  • passenger car
  • heavy commercial vehicle

Global Actuators Market for Automotive Application: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The global actuators market for automotive application is segmented into vehicle type, product type and regions. On the basis of the vehicle type, the global actuators market for automotive application is categorized into the light commercial vehicle, passenger car and heavy commercial vehicle. Based on the product type, the global market is segregated into VGT actuator, EGR actuator, grille shutter actuator, throttle actuator, electrical exhaust or sound flaps actuator, wastegate actuator, power seat actuator, intake flap actuator, brake actuator, thermo module actuator.

Leading companies hold the market share in the Actuators market are APC International, Ltd., Continental Ag, Cvel Automotive Electronics, Denso Corporation, Hella Kgaa Hueck & Co., Iav Automotive Engineering, Magneti Marelli S.P.A., Mitsubishi Electric Corporation, Robert Bosch GmbH, Valeo S.A., Buehler Motor Inc., CTS Corporation, Delphi Automotive Plc., Firgelli Automations, Hitachi, Ltd., Johnson Electric Holdings Ltd., Marsh Automation, Nook Industries, Inc., and Timotion Technology Co. Ltd.

The actuators market has evolved drastically from working mechanically to automatically. The main factors that are driving the global actuators market for automotive application are the increasing fuel efficiency rules in the developing countries and consumer awareness to use automobiles that are fuel-efficient and give high performance. The automotive market in the recent years has undergone many technological advancements in which the automotive actuators has developed to a great extent and is still developing.

The main objective of the automotive industry is to increase the effectiveness and efficiency of the various functional components in the vehicle. The electrical actuators require low voltage, generate less heat, are more compact and deliver higher torque. The electrical actuators make use of the battery to run the actuator and have the electrical circuit to program the actuators operations. Thus, the global actuators market for automotive application is growing in a positive way.

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