Automotive Actuators Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the "Automotive Actuators Market". The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure. This research publication presents exclusive data and statistics outlining the anticipated growth trajectory of the global automotive actuators market from 2024 to 2031.

Key Insights:

Automotive Actuators Market Size (2024E): USD 28 Billion
Projected Market Value (2031F): USD 43.6 Billion
Global Market Growth Rate (CAGR 2024 to 2031): 6.5%

Automotive Actuators Market - Report Scope:

Automotive actuators play a critical role in modern vehicle systems, controlling various functions such as engine management, HVAC systems, powertrain, and others. These actuators are essential components across all vehicle types, including passenger cars, commercial vehicles, and electric vehicles. The market caters to OEMs and aftermarket channels, offering a range of actuators such as electronic throttle actuators, HVAC actuators, fuel injection actuators, and others.

Market Growth Drivers:

The global automotive actuators market is driven by several key factors, including advancements in vehicle electrification, increasing integration of automated systems in vehicles for enhanced safety and performance, and stringent emission regulations pushing demand for efficient engine management systems. Additionally, the rise in demand for comfort and convenience features in vehicles and the growth of electric and hybrid vehicles further propel market expansion. Technological innovations, such as the development of smart actuators and actuators with integrated sensors, are also contributing to market growth.

Market Restraints:

Despite promising growth prospects, the automotive actuators market faces challenges related to high initial costs associated with advanced actuators, complexity in integrating actuators with existing vehicle systems, and the need for continuous innovation to meet evolving automotive performance standards. Moreover, fluctuations in raw material prices and dependency on automotive production cycles pose challenges for market players.

Market Opportunities:

The automotive actuators market presents significant growth opportunities driven by the increasing adoption of electric vehicles, advancements in sensor technology for actuators, and the development of actuators for autonomous and semi-autonomous vehicles. Strategic collaborations between automotive manufacturers and technology providers to develop next-generation actuators and the expansion of aftermarket sales channels also present lucrative opportunities for market players.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the automotive actuators market globally?
Which types of actuators are witnessing the highest demand across different vehicle segments?
How are technological advancements reshaping the competitive landscape of the automotive actuators market?
Who are the key players contributing to the automotive actuators market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global automotive actuators market?

Competitive Intelligence and Business Strategy:

Leading players in the global automotive actuators market, including Company A, Company B, and Company C, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest heavily in research and development to introduce advanced actuators that meet regulatory requirements and address specific customer needs. Collaborations with automotive OEMs, tier-1 suppliers, and research institutions facilitate market penetration and promote technology adoption. Furthermore, emphasis on sustainability, energy efficiency, and compliance with environmental standards are key factors influencing market strategies.

Key Companies Profiled:

BorgWarner Inc.
Continental AG
DENSO CORPORATION.
EFI Automotive
FORVIA Faurecia
Hitachi Astemo, Ltd.
Johnson Electric Holdings Limited.
MAHLE GmbH
Mitsubishi Electric Corporation
NIDEC CORPORATION
Robert Bosch GmbH

Automotive Actuators Market Research Segmentation

By System Location:

Brake Actuators
Headlamp Actuators
Grill Shutter Actuators
Seat Actuators
Sunroof Actuators
Misc

By Component:

Linear
Rotary

By Application:

Passenger Car
LCV
HCV

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33546

1. Executive Summary

1.1. Global Automotive Actuators Market Snapshot, 2024-2031
1.2. Market Opportunity Assessment, 2024-2031, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Product Type Lifecycle Analysis
2.4. Automotive Actuators Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Vehicle Types
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Automotive Actuators Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Bn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2019-2023
- 3.2.2. Current Market Size Forecast, 2024-2031
3.3. Global Automotive Actuators Market Outlook: Product Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Product Type, 2019-2023
- 3.3.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
  - 3.3.3.1. Brake Actuators
  - 3.3.3.2. Headlamp Actuators
  - 3.3.3.3. Grill Shutter Actuators
  - 3.3.3.4. Seat Actuators
  - 3.3.3.5. Sunroof Actuators
  - 3.3.3.6. Misc
3.4. Market Attractiveness Analysis: Product Type
3.5. Global Automotive Actuators Market Outlook: Motion
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Motion, 2019-2023
- 3.5.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Motion, 2024-2031
  - 3.5.3.1. Linear
  - 3.5.3.2. Rotary
3.6. Market Attractiveness Analysis: Motion
3.7. Global Automotive Actuators Market Outlook: Vehicle Type
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Vehicle Type, 2019-2023
- 3.7.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Vehicle Type, 2024-2031
  - 3.7.3.1. Passenger Car
  - 3.7.3.2. LCV
  - 3.7.3.3. HCV
3.8. Market Attractiveness Analysis: Vehicle Type

4. Global Automotive Actuators Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Region, 2019-2023
4.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Region, 2024-2031
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Automotive Actuators Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 5.3.1. By Country
- 5.3.2. By Product Type
- 5.3.3. By Motion
- 5.3.4. By Vehicle Type
5.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 5.5.1. Brake Actuators
- 5.5.2. Headlamp Actuators
- 5.5.3. Grill Shutter Actuators
- 5.5.4. Seat Actuators
- 5.5.5. Sunroof Actuators
- 5.5.6. Misc
5.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Motion, 2024-2031
- 5.6.1. Linear
- 5.6.2. Rotary
5.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Vehicle Type, 2024-2031
- 5.7.1. Passenger Car
- 5.7.2. LCV
- 5.7.3. HCV
5.8. Market Attractiveness Analysis

6. Europe Automotive Actuators Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 6.3.1. By Country
- 6.3.2. By Product Type
- 6.3.3. By Motion
- 6.3.4. By Vehicle Type
6.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkey
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 6.5.1. Brake Actuators
- 6.5.2. Headlamp Actuators
- 6.5.3. Grill Shutter Actuators
- 6.5.4. Seat Actuators
- 6.5.5. Sunroof Actuators
- 6.5.6. Misc
6.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Motion, 2024-2031
- 6.6.1. Linear
- 6.6.2. Rotary
6.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Vehicle Type, 2024-2031
- 6.7.1. Passenger Car
- 6.7.2. LCV
- 6.7.3. HCV
6.8. Market Attractiveness Analysis

7. East Asia Automotive Actuators Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 7.3.1. By Country
- 7.3.2. By Product Type
- 7.3.3. By Motion
- 7.3.4. By Vehicle Type
7.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 7.5.1. Brake Actuators
- 7.5.2. Headlamp Actuators
- 7.5.3. Grill Shutter Actuators
- 7.5.4. Seat Actuators
- 7.5.5. Sunroof Actuators
- 7.5.6. Misc
7.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Motion, 2024-2031
- 7.6.1. Linear
- 7.6.2. Rotary
7.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Vehicle Type, 2024-2031
- 7.7.1. Passenger Car
- 7.7.2. LCV
- 7.7.3. HCV
7.8. Market Attractiveness Analysis

8. South Asia & Oceania Automotive Actuators Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 8.3.1. By Country
- 8.3.2. By Product Type
- 8.3.3. By Motion
- 8.3.4. By Vehicle Type
8.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 8.5.1. Brake Actuators
- 8.5.2. Headlamp Actuators
- 8.5.3. Grill Shutter Actuators
- 8.5.4. Seat Actuators
- 8.5.5. Sunroof Actuators
- 8.5.6. Misc
8.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Motion, 2024-2031
- 8.6.1. Linear
- 8.6.2. Rotary
8.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Vehicle Type, 2024-2031
- 8.7.1. Passenger Car
- 8.7.2. LCV
- 8.7.3. HCV
8.8. Market Attractiveness Analysis

9. Latin America Automotive Actuators Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 9.3.1. By Country
- 9.3.2. By Product Type
- 9.3.3. By Motion
- 9.3.4. By Vehicle Type
9.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 9.5.1. Brake Actuators
- 9.5.2. Headlamp Actuators
- 9.5.3. Grill Shutter Actuators
- 9.5.4. Seat Actuators
- 9.5.5. Sunroof Actuators
- 9.5.6. Misc
9.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Motion, 2024-2031
- 9.6.1. Linear
- 9.6.2. Rotary
9.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Vehicle Type, 2024-2031
- 9.7.1. Passenger Car
- 9.7.2. LCV
- 9.7.3. HCV
9.8. Market Attractiveness Analysis

10. Middle East & Africa Automotive Actuators Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019-2023
- 10.3.1. By Country
- 10.3.2. By Product Type
- 10.3.3. By Motion
- 10.3.4. By Vehicle Type
10.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2024-2031
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2024-2031
- 10.5.1. Brake Actuators
- 10.5.2. Headlamp Actuators
- 10.5.3. Grill Shutter Actuators
- 10.5.4. Seat Actuators
- 10.5.5. Sunroof Actuators
- 10.5.6. Misc
10.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Motion, 2024-2031
- 10.6.1. Linear
- 10.6.2. Rotary
10.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Vehicle Type, 2024-2031
- 10.7.1. Passenger Car
- 10.7.2. LCV
- 10.7.3. HCV
10.8. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2024
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Dashboard
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. BorgWarner Inc.
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Continental AG
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. DENSO CORPORATION.
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. EFI Automotive
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. FORVIA Faurecia
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. Hitachi Astemo, Ltd.
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Johnson Electric Holdings Limited.
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. MAHLE GmbH
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. Mitsubishi Electric Corporation
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. NIDEC CORPORATION
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy
- 11.3.11. Robert Bosch GmbH
  - 11.3.11.1. Overview
  - 11.3.11.2. Segments and Product
  - 11.3.11.3. Key Financials
  - 11.3.11.4. Market Developments
  - 11.3.11.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations