Automotive Actuators - Global Strategic Business Report

Report
244 Pages
April 2024
Region: Global
Global Industry Analysts, Inc
ID: 4804437

The global market for Automotive Actuators is estimated at US$25.8 Billion in 2023 and is projected to reach US$34.6 Billion by 2030, growing at a CAGR of 3.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Passenger Cars segment, which is expected to reach US$25.6 Billion by 2030 with a CAGR of 3.7%. The Light Commercial Vehicles segment is also set to grow at 4.1% CAGR over the next 8 years.
Regional Analysis: Gain insights into the U.S. market, estimated at $6.9 Billion in 2023, and China, forecasted to grow at an impressive 6.4% CAGR to reach $7.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Automotive Actuators Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automotive Actuators Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Automotive Actuators Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as Aptiv PLC, BorgWarner, Inc., Continental AG, and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 41 Featured):

Aptiv PLC
BorgWarner, Inc.
Continental AG
Denso Corporation
Hitachi Ltd.
Johnson Electric Holdings Ltd.
Mitsubishi Electric Corporation
Nidec Corporation
Robert Bosch GmbH
Stoneridge, Inc.
Valeo SA
WABCO Holdings Inc.

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Automotive Actuators: Expanding Applications of Actuators in Automobiles Fuels Growth
Automotive Actuators - Global Key Competitors Percentage Market Share in 2022 (E)
Global Automotive Brake Actuators Market: Percentage Breakdown of Sales by Leading Players for 2019
Global Automotive Engine Actuators Market: Percentage Breakdown of Sales by Leading Players for 2019
Global Economic Update
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Rising Demand for Fuel-Efficient Vehicles Fuels Growth in Automotive Actuators Market
Need to Achieve Emission Reduction Targets Drives Auto Industry Drives Demand for Actuators: Emission Reduction Targets of Select Countries for 2020 and 2025
European Regulations Compel Automotive OEMs to Reduce CO2 Emissions: Average CO2 Emissions Per Km of Cars Sold Annually in Europe for 2010 VS Target 2020 and Target 2025
Real World CO2 Emissions (g/mi) and Fuel Economy (mpg) for New Vehicles for the Years 1985, 1995, 2005 and 2017
Vehicle Efficiency Targets for Select Countries/Regions
BorgWarner Unveils Novel Intelligent Cam Torque Actuation (iCTA) to Reduce Emissions and Improve Fuel Efficiency
Automobile Production and Sales Dynamics: A Significant Influencer of Demand Patterns in Automotive Actuators Market
World Production of Light Vehicles in Million Units for the Period 2015-2023
Increasing Adoption of Advanced ADAS Systems in Automobiles: A Business Case for Automotive Actuators Market
Global ADAS Market Size in US$ Billion for the Years 2019, 2021, 2023 and 2025
Rising Demand for Electric Vehicles Augurs Well for Actuators Market
Global Electric Vehicles Market - Percentage Breakdown of Vehicle Sales by Vehicle Type for the Years 2015, 2020, 2025 and 2030
Light Vehicles Market in North America - Breakdown of Sales in Thousands by Power Type for the Years 2015 through 2025
Growing EV Sales Drive E-Drive Axle Gear Shifting Actuator Market
Sound Actuators to Resolve the ‘Silence’ Issue in for EVs
Schaeffler Unveils Innovative Actuator Solutions for ICE, Hybrid and Electric Powertrains
Fuel Injection Actuator for Automobiles: Significant Role in Enhancing Fuel Efficiency and Controlling Emissions
Automotive Brake Actuator Market: Need for Efficient Braking Systems Drives Growth
Global Automotive Brake Actuator Market: Percentage Breakdown of Sales by Application for 2019
Electromechanical Actuators in Automotive Industry: An Overview
Actuators Emerge as an Essential Component for Completely Autonomous Vehicles
Increased Focus on Safety Requirements for Braking in Autonomous Vehicles Fuels Demand for Actuators
Automotive Engine Actuators Market: An Overview
Global Automotive Engine Actuators Market: Percentage Breakdown of Revenues by Product Type for 2019 and 2025
Global Automotive Engine Actuators Market: Percentage Breakdown of Revenues by Application for 2019
Automotive Clutch Actuator Market: Rising Adoption of Automated Transmissions Systems Influences Growth
PRODUCT OVERVIEW
What is an Actuator?
Automotive Actuators
Types of Automotive Actuators

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Automotive Actuators Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
Table 2: World Recent Past, Current & Future Analysis for Automotive Actuators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 3: World Historic Review for Automotive Actuators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 4: World 16-Year Perspective for Automotive Actuators by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
Table 5: World Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 6: World Historic Review for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 7: World 16-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
Table 8: World Recent Past, Current & Future Analysis for Light Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 9: World Historic Review for Light Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 10: World 16-Year Perspective for Light Commercial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
Table 11: World Recent Past, Current & Future Analysis for Heavy Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 12: World Historic Review for Heavy Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 13: World 16-Year Perspective for Heavy Commercial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030

III. MARKET ANALYSIS

UNITED STATES

Automotive Actuators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
Table 14: USA Recent Past, Current & Future Analysis for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 15: USA Historic Review for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 16: USA 16-Year Perspective for Automotive Actuators by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2024 & 2030

CANADA

Table 17: Canada Recent Past, Current & Future Analysis for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 18: Canada Historic Review for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 19: Canada 16-Year Perspective for Automotive Actuators by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2024 & 2030

JAPAN

Automotive Actuators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
Japanese Market for Automotive Actuators: STable Demand for Automobiles to Sustain Growth
Table 20: Japan Recent Past, Current & Future Analysis for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 21: Japan Historic Review for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 22: Japan 16-Year Perspective for Automotive Actuators by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2024 & 2030

CHINA

Automotive Actuators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
Table 23: China Recent Past, Current & Future Analysis for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 24: China Historic Review for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 25: China 16-Year Perspective for Automotive Actuators by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2024 & 2030

EUROPE

Automotive Actuators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
European Automotive Electric Actuators Market: Rising Demand for EVs and Luxury Vehicles Drive Growth
Table 26: Europe Recent Past, Current & Future Analysis for Automotive Actuators by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 27: Europe Historic Review for Automotive Actuators by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 28: Europe 16-Year Perspective for Automotive Actuators by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2024 & 2030
Table 29: Europe Recent Past, Current & Future Analysis for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 30: Europe Historic Review for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 31: Europe 16-Year Perspective for Automotive Actuators by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2024 & 2030

FRANCE

Automotive Actuators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
Table 32: France Recent Past, Current & Future Analysis for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 33: France Historic Review for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 34: France 16-Year Perspective for Automotive Actuators by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2024 & 2030

GERMANY

Automotive Actuators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
Table 35: Germany Recent Past, Current & Future Analysis for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 36: Germany Historic Review for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 37: Germany 16-Year Perspective for Automotive Actuators by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2024 & 2030

ITALY

Table 38: Italy Recent Past, Current & Future Analysis for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 39: Italy Historic Review for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 40: Italy 16-Year Perspective for Automotive Actuators by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2024 & 2030

UNITED KINGDOM

Automotive Actuators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
Table 41: UK Recent Past, Current & Future Analysis for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 42: UK Historic Review for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 43: UK 16-Year Perspective for Automotive Actuators by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2024 & 2030

SPAIN

Table 44: Spain Recent Past, Current & Future Analysis for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 45: Spain Historic Review for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 46: Spain 16-Year Perspective for Automotive Actuators by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2024 & 2030

RUSSIA

Table 47: Russia Recent Past, Current & Future Analysis for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 48: Russia Historic Review for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 49: Russia 16-Year Perspective for Automotive Actuators by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2024 & 2030

REST OF EUROPE

Table 50: Rest of Europe Recent Past, Current & Future Analysis for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 51: Rest of Europe Historic Review for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 52: Rest of Europe 16-Year Perspective for Automotive Actuators by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2024 & 2030

ASIA-PACIFIC

Automotive Actuators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
Table 53: Asia-Pacific Recent Past, Current & Future Analysis for Automotive Actuators by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 54: Asia-Pacific Historic Review for Automotive Actuators by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 55: Asia-Pacific 16-Year Perspective for Automotive Actuators by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2024 & 2030
Table 56: Asia-Pacific Recent Past, Current & Future Analysis for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 57: Asia-Pacific Historic Review for Automotive Actuators by End-Use - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 58: Asia-Pacific 16-Year Perspective for Automotive Actuators by End-Use - Percentage Breakdown of Value Sales for Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles for the Years 2014, 2024 & 2030

AUSTRALIA

Automotive Actuators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)

INDIA

Automotive Actuators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
Automotive Actuators Market in India: An Overview

SOUTH KOREAREST OF ASIA-PACIFIC

LATIN AMERICA

Automotive Actuators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)

ARGENTINABRAZILMEXICOREST OF LATIN AMERICA

MIDDLE EAST

Automotive Actuators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)

IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST

AFRICA

Automotive Actuators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)

IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Aptiv PLC
BorgWarner, Inc.
Continental AG
Denso Corporation
Hitachi Ltd.
Johnson Electric Holdings Ltd.
Mitsubishi Electric Corporation
Nidec Corporation
Robert Bosch GmbH
Stoneridge, Inc.
Valeo SA
WABCO Holdings Inc.

Table Information

Report Attribute	Details
No. of Pages	244
Published	April 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 25.8 Billion
Forecasted Market Value ( USD ) by 2030	$ 34.6 Billion
Compound Annual Growth Rate	3.8%
Regions Covered	Global

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Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 41 Featured):

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Table of Contents

Companies Mentioned (Partial List)

Table Information

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