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Automotive Actuators Market Report by Product (Brake Actuators, HVAC Actuators, Headlamp Actuators, Grill Shutter Actuators, Seat Actuators, Coolant and Refrigerant Valve Actuators, and Others), Motion (Linear, Rotatory), Vehicle Type (Passenger Vehicles, Commercial Vehicles, and Others), Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket), and Region 2024-2032

March 2024 | 146 pages | ID: A04F7866DB10EN
IMARC Group

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The global automotive actuators market size reached US$ 28.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 44.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.1% during 2024-2032.

Automotive actuators are an indispensable integrated component of electronic control systems in commercial and passenger vehicles. They mainly control various automobile mechanisms and bring them into motion by converting and supplying energy generated from various sources, including electricity and hydraulics. Automotive actuators comprise internal relays inside the engine system, which assist in activating control valves. They also regulate throttles for directing airflow in the climate management systems, operate power liftgates, and adjust engine flywheel rotation speed and torque to optimize overall vehicular efficiency and performance. Besides this, automotive actuators are extensively used in industrial procedures to operate valves, fluid couplings, and dampers. At present, they are commercially available in hydraulic, electric, and pneumatic variants.

Automotive Actuators Market Trends:
With the significant expansion in the automotive industry, there has been an increasing demand for downsizing vehicle engines to enhance fuel efficiency, which is primarily driving the automotive actuators market toward growth. Moreover, the rising security concerns and the growing incidences of road accidents due to drunken driving, rash driving, and control loss have further facilitated the extensive installation of automotive actuators in cars. Additionally, escalating environmental consciousness has prompted governments of several countries to promote the incorporation of electric and hydraulic automotive actuators in vehicles, which is contributing to the market growth. These mechanical systems do not require fuel that causes internal combustion in the engine and produces greenhouse gas (GHG) emissions. In line with this, the introduction of intelligent automotive actuators with smart sensors, control units, and the Internet of Things (IoT) solutions to sense the speed and movement of the vehicle and calculate the distance between the object and the automobile is propelling the market growth. Other factors, such as the growing sales of autonomous cars and the widespread installation of automotive actuators in heating, ventilation, and air conditioning (HVAC) systems and refrigerants, are creating a positive outlook for the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive actuators market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, motion, vehicle type and sales channel.

Breakup by Product:

Brake Actuators
HVAC Actuators
Headlamp Actuators
Grill Shutter Actuators
Seat Actuators
Coolant and Refrigerant Valve Actuators
Others

Breakup by Motion:

Linear
Rotatory

Breakup by Vehicle Type:

Passenger Vehicles
Commercial Vehicles
Others

Breakup by Sales Channel:

Original Equipment Manufacturer (OEM)
Aftermarket

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BorgWarner Inc., Continental AG, CTS Corporation, DENSO Corporation, EFI Automotive, HELLA GmbH & Co. KGaA (Faurecia SE), Hitachi Ltd., Johnson Electric Holdings Limited, MAHLE GmbH, Mitsubishi Electric Corporation, Nidec Corporation, Robert Bosch GmbH and Stoneridge Inc.

Key Questions Answered in This Report

1. What was the size of the global automotive actuators market in 2023?
2. What is the expected growth rate of the global automotive actuators market during 2024-2032?
3. What are the key factors driving the global automotive actuators market?
4. What has been the impact of COVID-19 on the global automotive actuators market?
5. What is the breakup of the global automotive actuators market based on the product?
6. What is the breakup of the global automotive actuators market based on the motion?
7. What are the key regions in the global automotive actuators market?
8. Who are the key players/companies in the global automotive actuators market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL AUTOMOTIVE ACTUATORS MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PRODUCT

6.1 Brake Actuators
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 HVAC Actuators
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Headlamp Actuators
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4 Grill Shutter Actuators
  6.4.1 Market Trends
  6.4.2 Market Forecast
6.5 Seat Actuators
  6.5.1 Market Trends
  6.5.2 Market Forecast
6.6 Coolant and Refrigerant Valve Actuators
  6.6.1 Market Trends
  6.6.2 Market Forecast
6.7 Others
  6.7.1 Market Trends
  6.7.2 Market Forecast

7 MARKET BREAKUP BY MOTION

7.1 Linear
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Rotatory
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY VEHICLE TYPE

8.1 Passenger Vehicles
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Commercial Vehicles
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Others
  8.3.1 Market Trends
  8.3.2 Market Forecast

9 MARKET BREAKUP BY SALES CHANNEL

9.1 Original Equipment Manufacturer (OEM)
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Aftermarket
  9.2.1 Market Trends
  9.2.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1 North America
  10.1.1 United States
    10.1.1.1 Market Trends
    10.1.1.2 Market Forecast
  10.1.2 Canada
    10.1.2.1 Market Trends
    10.1.2.2 Market Forecast
10.2 Asia-Pacific
  10.2.1 China
    10.2.1.1 Market Trends
    10.2.1.2 Market Forecast
  10.2.2 Japan
    10.2.2.1 Market Trends
    10.2.2.2 Market Forecast
  10.2.3 India
    10.2.3.1 Market Trends
    10.2.3.2 Market Forecast
  10.2.4 South Korea
    10.2.4.1 Market Trends
    10.2.4.2 Market Forecast
  10.2.5 Australia
    10.2.5.1 Market Trends
    10.2.5.2 Market Forecast
  10.2.6 Indonesia
    10.2.6.1 Market Trends
    10.2.6.2 Market Forecast
  10.2.7 Others
    10.2.7.1 Market Trends
    10.2.7.2 Market Forecast
10.3 Europe
  10.3.1 Germany
    10.3.1.1 Market Trends
    10.3.1.2 Market Forecast
  10.3.2 France
    10.3.2.1 Market Trends
    10.3.2.2 Market Forecast
  10.3.3 United Kingdom
    10.3.3.1 Market Trends
    10.3.3.2 Market Forecast
  10.3.4 Italy
    10.3.4.1 Market Trends
    10.3.4.2 Market Forecast
  10.3.5 Spain
    10.3.5.1 Market Trends
    10.3.5.2 Market Forecast
  10.3.6 Russia
    10.3.6.1 Market Trends
    10.3.6.2 Market Forecast
  10.3.7 Others
    10.3.7.1 Market Trends
    10.3.7.2 Market Forecast
10.4 Latin America
  10.4.1 Brazil
    10.4.1.1 Market Trends
    10.4.1.2 Market Forecast
  10.4.2 Mexico
    10.4.2.1 Market Trends
    10.4.2.2 Market Forecast
  10.4.3 Others
    10.4.3.1 Market Trends
    10.4.3.2 Market Forecast
10.5 Middle East and Africa
  10.5.1 Market Trends
  10.5.2 Market Breakup by Country
  10.5.3 Market Forecast

11 SWOT ANALYSIS

11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 BorgWarner Inc.
    15.3.1.1 Company Overview
    15.3.1.2 Product Portfolio
    15.3.1.3 Financials
    15.3.1.4 SWOT Analysis
  15.3.2 Continental AG
    15.3.2.1 Company Overview
    15.3.2.2 Product Portfolio
    15.3.2.3 Financials
    15.3.2.4 SWOT Analysis
  15.3.3 CTS Corporation
    15.3.3.1 Company Overview
    15.3.3.2 Product Portfolio
    15.3.3.3 Financials
  15.3.4 DENSO Corporation
    15.3.4.1 Company Overview
    15.3.4.2 Product Portfolio
    15.3.4.3 Financials
    15.3.4.4 SWOT Analysis
  15.3.5 EFI Automotive
    15.3.5.1 Company Overview
    15.3.5.2 Product Portfolio
  15.3.6 HELLA GmbH & Co. KGaA (Faurecia SE)
    15.3.6.1 Company Overview
    15.3.6.2 Product Portfolio
    15.3.6.3 Financials
  15.3.7 Hitachi Ltd.
    15.3.7.1 Company Overview
    15.3.7.2 Product Portfolio
    15.3.7.3 Financials
    15.3.7.4 SWOT Analysis
  15.3.8 Johnson Electric Holdings Limited
    15.3.8.1 Company Overview
    15.3.8.2 Product Portfolio
    15.3.8.3 Financials
    15.3.8.4 SWOT Analysis
  15.3.9 MAHLE GmbH
    15.3.9.1 Company Overview
    15.3.9.2 Product Portfolio
    15.3.9.3 SWOT Analysis
  15.3.10 Mitsubishi Electric Corporation
    15.3.10.1 Company Overview
    15.3.10.2 Product Portfolio
    15.3.10.3 Financials
    15.3.10.4 SWOT Analysis
  15.3.11 Nidec Corporation
    15.3.11.1 Company Overview
    15.3.11.2 Product Portfolio
    15.3.11.3 Financials
    15.3.11.4 SWOT Analysis
  15.3.12 Robert Bosch GmbH
    15.3.12.1 Company Overview
    15.3.12.2 Product Portfolio
    15.3.12.3 SWOT Analysis
  15.3.13 Stoneridge Inc.
    15.3.13.1 Company Overview
    15.3.13.2 Product Portfolio
    15.3.13.3 Financials

LIST OF TABLES

Table 1: Global: Automotive Actuators Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Automotive Actuators Market Forecast: Breakup by Product (in Million US$), 2024-2032
Table 3: Global: Automotive Actuators Market Forecast: Breakup by Motion (in Million US$), 2024-2032
Table 4: Global: Automotive Actuators Market Forecast: Breakup by Vehicle Type (in Million US$), 2024-2032
Table 5: Global: Automotive Actuators Market Forecast: Breakup by Sales Channel (in Million US$), 2024-2032
Table 6: Global: Automotive Actuators Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Automotive Actuators Market: Competitive Structure
Table 8: Global: Automotive Actuators Market: Key Players

LIST OF FIGURES

Figure 1: Global: Automotive Actuators Market: Major Drivers and Challenges
Figure 2: Global: Automotive Actuators Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Automotive Actuators Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Automotive Actuators Market: Breakup by Product (in %), 2023
Figure 5: Global: Automotive Actuators Market: Breakup by Motion (in %), 2023
Figure 6: Global: Automotive Actuators Market: Breakup by Vehicle Type (in %), 2023
Figure 7: Global: Automotive Actuators Market: Breakup by Sales Channel (in %), 2023
Figure 8: Global: Automotive Actuators Market: Breakup by Region (in %), 2023
Figure 9: Global: Automotive Actuators (Brake Actuators) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Automotive Actuators (Brake Actuators) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Automotive Actuators (HVAC Actuators) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Automotive Actuators (HVAC Actuators) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Automotive Actuators (Headlamp Actuators) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Automotive Actuators (Headlamp Actuators) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Automotive Actuators (Grill Shutter Actuators) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Automotive Actuators (Grill Shutter Actuators) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Automotive Actuators (Seat Actuators) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Automotive Actuators (Seat Actuators) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Automotive Actuators (Coolant and Refrigerant Valve Actuators) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Automotive Actuators (Coolant and Refrigerant Valve Actuators) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Automotive Actuators (Other Products) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Automotive Actuators (Other Products) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Automotive Actuators (Linear) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Automotive Actuators (Linear) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Automotive Actuators (Rotatory) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Automotive Actuators (Rotatory) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Automotive Actuators (Passenger Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Automotive Actuators (Passenger Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Automotive Actuators (Commercial Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Automotive Actuators (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Automotive Actuators (Other Vehicle Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Automotive Actuators (Other Vehicle Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Automotive Actuators (Original Equipment Manufacturer -OEM) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Automotive Actuators (Original Equipment Manufacturer -OEM) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Automotive Actuators (Aftermarket) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Automotive Actuators (Aftermarket) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: North America: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: North America: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: United States: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: United States: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Canada: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Canada: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Asia-Pacific: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Asia-Pacific: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: China: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: China: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Japan: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Japan: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: India: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: India: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: South Korea: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: South Korea: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Australia: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Australia: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Indonesia: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Indonesia: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Others: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Others: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Europe: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Europe: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Germany: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Germany: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: France: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: France: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: United Kingdom: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: United Kingdom: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Italy: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Italy: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Spain: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Spain: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Russia: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Russia: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Others: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Others: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Latin America: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Latin America: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Brazil: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Brazil: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Mexico: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Mexico: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Others: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Others: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Middle East and Africa: Automotive Actuators Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Middle East and Africa: Automotive Actuators Market: Breakup by Country (in %), 2023
Figure 85: Middle East and Africa: Automotive Actuators Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Global: Automotive Actuators Industry: SWOT Analysis
Figure 87: Global: Automotive Actuators Industry: Value Chain Analysis
Figure 88: Global: Automotive Actuators Industry: Porter's Five Forces Analysis


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