The report provides a detailed market analysis and forecast with respect to its various under-the-hood actuators such as Exhaust Gas Recirculation (EGR), brakes, throttles, thermal (HVAC and engine cooling system), intake flaps, exhausts, wastegate, and variable-geometry turbochargers (VGT).While highlighting the key driving and restraining forces for this market, the report also provides a detailed studyof the different vehicles that are analyzed which includes passenger cars, light commercial vehicles, heavy trucks, and heavy buses.It also examines the role ofthe leading market players involved in the industry.
The report answers the following key questions about the global automotive actuators market:
- What is the global automotive actuators market size in terms of revenue and volume from 2015-2022?
- What is the dominant product and vehicle type by revenue and volume used in the automotive actuators market?
- What is the revenue generated and volume shipped by the different actuators and vehicles in the automotive actuators market?
- What are the different factors driving the market in the forecast period?
- What are the major factors challenging the growth of global automotive actuators market?
- What kind of new strategies are being adopted by existing market players to make a mark in the industry?
- Which region will lead to the global automotive actuators market by the end of the forecast period?
The company profiles section includes highlights of significant information about the key companies involved along with their financial positions, key strategies & developmental activities of recent years (2014-2016). Some of the key players are Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive PLC (U.K), Hella KGaAHueck& Co (Germany), BorgWarner Inc. (U.S), Hitachi Ltd.(Japan), and Johnson Electric Holding Ltd. (Hong Kong).
Asia-Pacific generated the maximum revenue in the year 2015 and is also expected to grow at the fastest rate in the forecast period. The global automotive actuators market is expected to reach $27.5 billion in total market value and 1.8 billion units by volume during the end of the forecast period.
1 Report Scope & Research Methodology
1.1 Report Scope
1.2 Primary Research
1.3 Secondary Research
1.4 Assumptions and Limitations
1.5 Stake Holders
2 Market Dynamics
2.2 Restraints & Challenges
3 Competitive Insights
3.1 Key Market Developments and Strategies
3.1.1 New Product Launch and Development
3.1.2 Business Expansion and Certifications
3.1.3 Partnership, JV, Collaboration and Contract
3.1.4 Mergers and Acquisitions
3.2 Future Trends and Developments
3.3 Market Share Analysis of Leading Players
3.4 R&D Analysis of Leading Players
4 Automotive Actuators Market, by Product Type
4.2 Market Size Estimation & Forecast – Value/Volume & Pricing Analysis
4.8 Thermal (HVAC)
4.9 Thermal (Engine Cooling System)
4.1 Intake Flap
5 Automotive Actuators Market, by Vehicle Type
5.2 Market Size Estimation & Forecast
5.3 Passenger Vehicles Actuator Market
5.3.1 Market Size Estimation & Forecast
5.3.2 Recent Developments in Passenger Vehicles Market
5.3.3 Supplier/OEM Mapping for Passenger Vehicles Market
5.4 Commercial Vehicles Actuators Market
5.4.1 Market Size Estimation & Forecast
5.4.2 Recent Developments in Commercial Vehicles Market
5.4.3 Supplier/OEM Mapping for Commercial Vehicles Market
6 Automotive Actuators Market, by Geography
6.2 Global Market Size Estimation and Forecast- Value, Volume, ASP
6.3 Geographical Analysis of Market- Macro Factors
6.4 North America
6.4.1 Country Analysis- USA & Canada
6.4.2 Recent Developments in North America Market
6.5.1 Country Analysis- Germany, France, the UK, Others.
6.5.2 Recent Developments in European Market
6.6.1 Country Analysis- China, Japan, South Korea, India, Others
6.6.2 Recent developments in APAC
6.7.1 Regional Analysis- South America, Middle East & Africa
7 Company Profiles
7.1 BorgWarner Inc.
7.2 Hitachi Ltd.
7.3 MAHLE GmbH
7.4 Stoneridge Inc.
7.5 Wabco Holdings Inc.
7.6 Halla Group
7.7 Johnson Electric Holding Ltd.
7.8 Continental AG
7.9 Denso Corporation
7.1 Delphi Automotive PLC
7.11 CTS Corporation
7.12 HELLA KGaA Hueck & Co.
7.13 Robert Bosch GmbH
7.14 Mitsubishi Electric Company
7.15 Nidec Corporation
7.16 Sonceboz SA
The widespread application of actuators in passenger cars accounted for a major share of the total automotive actuators market in 2015. Demand for fuel efficient vehicles, high production rate, and development of performance enhancement technologies are the main reasons behind the increase in the growth of the passenger cars actuator market.
APAC was the maximum revenue generating region in 2015 and is also expected to grow at a faster rate with 3.8% between 2016 and 2022 in comparison to other regions. Factors such as a well-established automotive industry, increasing disposable incomes, and stringent regulations on vehicle’s emissions are some of the central factors contributing to the current market growth in APAC.
Some of the prominent key players in the industry Robert Bosch GmbH (Germany), Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive PLC (U.K), Hella KGaAHueck & Co (Germany), BorgWarner Inc. (U.S), Hitachi Ltd.(Japan), and Johnson Electric Holding Ltd. (Hong Kong). These companies are aiming for widespread business expansion through mergers & acquisitions, partnerships, and product launches to prevent the new entrants from capturing/entering the market.
- Hitachi Ltd.
- MAHLE GmbH
- Stoneridge Inc.
- Wabco Holdings Inc.
- Halla Group
- Johnson Electric Holding Ltd.
- Continental AG
- Denso Corporation
- Delphi Automotive PLC
- CTS Corporation
- HELLA KGaA Hueck & Co.
- Robert Bosch GmbH
- Mitsubishi Electric Company
- Nidec Corporation
- Sonceboz SA