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Automotive Actuators Market, Global Forecast, Impact of COVID-19, Industry Trends, by Application, Growth, Opportunity Company Analysis

August 2021 | 125 pages | ID: A283E1E72FDDEN
Renub Research

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Automotive actuators are the type of transducers that convert energy into motion. The automotive actuators can control a range from a simple switch to high power hydraulic devices and valves in an automotive. They effectively manage different mechanisms in vehicles, such as applying breaks, controlling doors and lighting. Moreover, with advancements in technology, automotive actuators are being considered the backbone of reducing road fatalities. By application, automotive actuators are readily being used as throttle actuators, seat adjustment actuators, brake actuators, and closer actuators in numerous vehicle types such as light commercial vehicles, passenger vehicles, and heavy commercial vehicles. These vehicles are expected to install various actuators to enhance safety and comfort. According to the Renub Research, the Global Automotive Actuators Market was US$ 19.65 Billion in 2020.

In addition, Hydraulic, Electric and Pneumatic are the by type variants in which the automotive actuators market has been classified. In recent years, globally, electric actuators have replaced hydraulic and pneumatic actuators due to lower noise emission, compact and lightweight design, and flexible installation alternatives. Comfort features have become a global requirement in the passenger vehicle, and OEMs are investing the best possible efforts to enhance the driving experience by installing various actuators. Furthermore, in light commercial vehicles, passenger vehicles, and heavy commercial vehicles, electric actuators are widely used in comfort-feature actuators such as window lift drive, power tailgate drive, seat drive, and sunroof drive, among others. Notwithstanding, the leading automotive actuators manufacturers such as Robert Bosch GmbH, Continental, and Johnson Electric provide electric actuators. As per our analysis, the Worldwide Automotive Actuators Industry is projected to grow at a CAGR of 9.68% in the 2020-2027 periods.

Geographically, the Global Automotive Actuators Market exists in North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The availability of inexpensive labour and raw material in the Asia-Pacific and the increasing number of local manufacturers are expected to propel the market during the forecast period in the region. In addition, China, the world’s largest vehicle manufacturer, is expected to be a driving factor for this market in the Asia-Pacific region. Moreover, China’s potential to produce automotive components in large volumes at a lower cost provides it with a competitive edge over other countries. As per our estimation, the Global Automotive Actuators Market Size is projected to reach US$ 37.52 Billion by 2027.

Key players operating in the market comprise Robert Bosch GmbH, Nidec Corporation, Denso Corporation, Johnson Electric and Mitsubishi Electric Corporation. These companies have strong distribution chains at a global level. Additionally, these companies offer an extensive product range in this market. These companies adopt new product developments, collaborations, and contracts & agreements to sustain their market position.

How has COVID-19 affected the market?

The current COVID-19 outbreak that has majorly impacted several countries has severely affected the automation industry. The global impact of COVID-19 has been unprecedented and staggering, with actuators witnessing a negative demand shock across all regions amid the pandemic. Moreover, the large companies are suffering significant losses due to the country-wise lockdown. Before the pandemic, investments in the automation sector have been slow and anticipated to be postponed or held for almost a year.

Renub Research latest report titled “Global Automotive Actuators Market by Actuator Types (Hydraulic Actuator, Electric Actuator and Pneumatic Actuator), Vehicle Types (Light Commercial Vehicle, Passenger Vehicle and Heavy Commercial Vehicle); Application (Throttle Actuator, Seat Adjustment Actuator, Brake Actuator, Closer Actuator and Others), Region (North America, Europe, Asia Pacific, Middle East, Latin America & Africa), Company (Robert Bosch GmbH, Nidec Corporation, Denso Corporation, Johnson Electric and Mitsubishi Electric Corporation)' provides a detailed analysis of Global Automotive Actuators Market.

Actuator Types – Automotive Actuators Market has been covered from 3 viewpoints:

1. Hydraulic Actuator
2. Electric Actuator
3. Pneumatic Actuator

Vehicle Types – Automotive Actuators Market has been covered from 3 viewpoints:

1. Light Commercial Vehicle
2. Passenger Vehicle
3. Heavy Commercial Vehicle

Application – Automotive Actuators Market has been covered from 5 viewpoints:

1. Throttle Actuator
2. Seat Adjustment Actuator
3. Brake Actuator
4. Closer Actuator
5. Others

Region – Automotive Actuators Market has been covered from 5 viewpoints:

1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East & Africa

All the Companies have been covered from 3 viewpoints:
  • Company Overview
  • Recent Development
  • Financial Insight
Companies Covered:

1. Robert Bosch GmbH
2. Nidec Corporation
3. Denso Corporation
4. Johnson Electric
5. Mitsubishi Electric Corporation
1. INTRODUCTION

2. RESEARCH & METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1 Growth Drivers
4.2 Challenges

5. GLOBAL AUTOMOTIVE SEAT MARKET

6. MARKET SHARE - GLOBAL AUTOMOTIVE SEAT ANALYSIS

6.1 By Material
6.2 By Seat Type
6.3 By Energy Source
6.4 By Vehicle Type
6.5 By Technology
6.6 By Region

7. MATERIAL - GLOBAL AUTOMOTIVE SEAT MARKET

7.1 Fabric
7.2 Synthetic Leather
7.3 Genuine Leather

8. SEAT TYPE - GLOBAL AUTOMOTIVE SEAT MARKET

8.1 Bucket
8.2 Bench
8.3 Others

9. ENERGY SOURCE - GLOBAL AUTOMOTIVE SEAT MARKET

9.1 Gasoline
9.2 Diesel
9.3 Electric
9.4 LPG

10. VEHICLE TYPE - GLOBAL AUTOMOTIVE SEAT MARKET

10.1 Small Cars
10.2 Pickups
10.3 Compact Cars
10.4 MPVs
10.5 Large Cars
10.6 Mid Size Cars
10.7 HCVs
10.8 SUVs & Crossovers
10.9 Others

11. TECHNOLOGY - GLOBAL AUTOMOTIVE SEAT MARKET

11.1 Powered Seats
11.2 Standard Seats
11.3 Ventililated Seats
11.4 Others

12. REGION - GLOBAL AUTOMOTIVE SEAT MARKET

12.1 North America
12.2 Europe
12.3 Asia Pacific
12.4 Middle East America
12.5 South America

13. COMPANY ANALYSIS

13.1 Toyota boshoku
  13.1.1 Overview
  13.1.2 Recent Development
  13.1.3 Revenue
13.2 Faurecia
  13.2.1 Overview
  13.2.2 Recent Development
  13.2.3 Revenue
13.3 Magna International, Inc.
  13.3.1 Overview
  13.3.2 Recent Development
  13.3.3 Revenue
13.4 Lear Corporation
  13.4.1 Overview
  13.4.2 Recent Development
  13.4.3 Revenue
13.5 Johnson Controls
  13.5.1 Overview
  13.5.2 Recent Development
  13.5.3 Revenue
13.6 Grammer AG
  13.6.1 Overview
  13.6.2 Recent Development
  13.6.3 Revenue

LIST OF FIGURES:

Figure-01: Global Automotive Seat Market (Million US$), 2016 – 2020
Figure-02: Forecast for – Global Automotive Seat Market (Million US$), 2021 – 2027
Figure-03: Material – Fabric Market (Million US$), 2016 – 2020
Figure-04: Material – Forecast for Fabric Market (Million US$), 2021 – 2027
Figure-05: Material – Synthetic Leather Market (Million US$), 2016 – 2020
Figure-06: Material – Forecast for Synthetic Leather Market (Million US$), 2021 – 2027
Figure-07: Material – Synthetic Genuine Market (Million US$), 2016 – 2020
Figure-08: Material – Forecast for Genuine Leather Market (Million US$), 2021 – 2027
Figure-09: Seat Type – Bucket Market (Million US$), 2016 – 2020
Figure-10: Seat Type – Forecast for Bucket Market (Million US$), 2021 – 2027
Figure-11: Seat Type – Bench Market (Million US$), 2016 – 2020
Figure-12: Seat Type – Forecast for Bench Market (Million US$), 2021 – 2027
Figure-13: Seat Type – Synthetic Genuine Market (Million US$), 2016 – 2020
Figure-14: Seat Type – Forecast for Others Market (Million US$), 2021 – 2027
Figure-15: Energy Source – Gasoline Market (Million US$), 2016 – 2020
Figure-16: Energy Source – Forecast for Gasoline Market (Million US$), 2021 – 2027
Figure-17: Energy Source – Diesel Market (Million US$), 2016 – 2020
Figure-18: Energy Source – Forecast for Diesel Market (Million US$), 2021 – 2027
Figure-19: Energy Source – Electric Market (Million US$), 2016 – 2020
Figure-20: Energy Source – Forecast for Electric Market (Million US$), 2021 – 2027
Figure-21: Energy Source – LPG Market (Million US$), 2016 – 2020
Figure-22: Energy Source – Forecast for LPG Market (Million US$), 2021 – 2027
Figure-23: Vehicle Type – Small Cars Market (Million US$), 2016 – 2020
Figure-24: Vehicle Type – Forecast for Small Cars Market (Million US$), 2021 – 2027
Figure-25: Vehicle Type – IT Market (Million US$), 2016 – 2020
Figure-26: Vehicle Type – Forecast for IT Market (Million US$), 2021 – 2027
Figure-27: Vehicle Type – Compact Cars Market (Million US$), 2016 – 2020
Figure-28: Vehicle Type – Forecast for Compact Cars Market (Million US$), 2021 – 2027
Figure-29: Vehicle Type – MPVs Market (Million US$), 2016 – 2020
Figure-30: Vehicle Type – Forecast for MPVs Market (Million US$), 2021 – 2027
Figure-31: Vehicle Type – Synthetic Leather Cars Market (Million US$), 2016 – 2020
Figure-32: Vehicle Type – Forecast for Synthetic Leather Cars Market (Million US$), 2021 – 2027
Figure-33: Vehicle Type – Mid Size Cars Market (Million US$), 2016 – 2020
Figure-34: Vehicle Type – Forecast for Mid Size Cars Market (Million US$), 2021 – 2027
Figure-35: Vehicle Type – HCVs Market (Million US$), 2016 – 2020
Figure-36: Vehicle Type – Forecast for HCVs Market (Million US$), 2021 – 2027
Figure-37: Vehicle Type – SUVs & Crossovers Market (Million US$), 2016 – 2020
Figure-38: Vehicle Type – Forecast for SUVs & Crossovers Market (Million US$), 2021 – 2027
Figure-39: Vehicle Type – Others Market (Million US$), 2016 – 2020
Figure-40: Vehicle Type – Forecast for Others Market (Million US$), 2021 – 2027
Figure-41: Technology – Powered Seats Market (Million US$), 2016 – 2020
Figure-42: Technology – Forecast for Powered Seats Market (Million US$), 2021 – 2027
Figure-43: Technology – Standard Seats Market (Million US$), 2016 – 2020
Figure-44: Technology – Forecast for Standard Seats Market (Million US$), 2021 – 2027
Figure-45: Technology – Ventililated Seats Market (Million US$), 2016 – 2020
Figure-46: Technology – Forecast for Ventililated Seats Market (Million US$), 2021 – 2027
Figure-47: Technology – Others Market (Million US$), 2016 – 2020
Figure-48: Technology – Forecast for Others Market (Million US$), 2021 – 2027
Figure-49: North America – Automotive Seat Market (Million US$), 2016 – 2020
Figure-50: North America – Forecast for Automotive Seat Market (Million US$), 2021 – 2027
Figure-51: Europe – Automotive Seat Market (Million US$), 2016 – 20203
Figure-52: Europe – Forecast for Automotive Seat Market (Million US$), 2021 – 2027
Figure-53: Asia Pacific – Automotive Seat Market (Million US$), 2016 – 2020
Figure-54: Asia Pacific – Forecast for Automotive Seat Market (Million US$), 2021 – 2027
Figure-55: Middle East & Africa – Automotive Seat Market (Million US$), 2016 – 2020
Figure-56: Middle East & Africa – Forecast for Automotive Seat Market (Million US$), 2021 – 2027
Figure-57: South America – Automotive Seat Market (Million US$), 2016 – 2020
Figure-58: South America – Forecast for Automotive Seat Market (Million US$), 2021 – 2027
Figure-59: Toyota boshoku – Global Revenue (Million US$), 2016 – 2020
Figure-60: Toyota Boshoku – Forecast for Global Revenue (Million US$), 2021 – 2027
Figure-61: Faurecia – Global Revenue (Million US$), 2016 – 2020
Figure-62: Faurecia – Forecast for Global Revenue (Million US$), 2021 – 2027
Figure-63: Magna International, Inc. – Global Revenue (Million US$), 2016 – 2020
Figure-64: Magna International, Inc. – Forecast for Global Revenue (Million US$), 2021 – 2027
Figure-65: Lear Corporation – Global Revenue (Million US$), 2016 – 2020
Figure-66: Lear Corporation – Forecast for Global Revenue (Million US$), 2021 – 2027
Figure-67: Johnson Controls – Global Revenue (Million US$), 2016 – 2020
Figure-68: Johnson Controls – Forecast for Global Revenue (Million US$), 2021 – 2027
Figure-69: Grammer AG – Global Revenue (Million US$), 2016 – 2020
Figure-70: Grammer AG – Forecast for Global Revenue (Million US$), 2021 – 2027

LIST OF TABLES:

Table-01: Global – Automotive Seat Market Share by Material (Percent), 2016 – 2020
Table-02: Global – Forecast for Global Automotive Seat Market Share by Material (Percent), 2021 – 2027
Table-03: Global – Automotive Seat Market Share by Seat Type (Percent), 2016 – 2020
Table-04: Global – Forecast for Global Automotive Seat Market Share by Seat Type (Percent), 2021 – 2027
Table-05: Global – Automotive Seat Market Share by Energy Source (Percent), 2016 – 2020
Table-06: Global – Forecast for Global Automotive Seat Market Share by Energy Source (Percent), 2021 – 2027
Table-07: Global – Automotive Seat Market Share by Vehicle Type (Percent), 2016 – 2020
Table-08: Global – Forecast for Global Automotive Seat Market Share by Vehicle Type (Percent), 2021 – 2027
Table-09: Global – Automotive Seat Market Share by Technology (Percent), 2016 – 2020
Table-10: Global – Forecast for Global Automotive Seat Market Share by Technology (Percent), 2021 – 2027
Table-11: Global – Automotive Seat Market Share by Region (Percent), 2016 – 2020
Table-12: Global – Forecast for Global Automotive Seat Market Share by Region (Percent), 2021 – 2027


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