Automotive Actuators Market By Product (Waste Gate Actuator, VGT Actuator, Brake Actuator), By Vehicle (Passenger Vehicles, Heavy Commercial Vehicles), By Working (Pneumatic, Hydraulic, Electromagnetic), By Sales Channel (OEM, Aftermarket)- Global Market Insights 2022 to 2032
The global automotive actuators market is estimated at USD 20.1 Billion in 2022 and is forecast to reach USD 38.3 Billion by 2032, growing with a CAGR of 6.6% during 2022-2032.
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Prominent Key players of the Automotive Actuators market survey report:
- Delphi Automotive
- Mitsubishi Corporation
- Denso Corporation
- Robert Bosch GmbH
- Continental AG
- BorgWarner Inc.
- CTS Corporation
- Delphi Technologies Pl
- HELLA KGaA Hueck & Co
- Hitachi, Ltd
- Johnson Electric Holdings Limited
- Magna International, Inc
- Magneti Marelli S.p.A.
Competitive Landscape
To increase the adoption across the lucrative areas, the above mentioned companies’ uses a combination of organic & inorganic methodologies, in addition to partnerships and collaborations with prominent end use verticals such as automotive manufacturers.
Some of the key developments are:
- In 2022, Continental AG had partnership with Arkamys to improve the audio solutions in vehicles where continental sound type of automotive actuators were installed in a demo vehicle firstly fortified with conventional commodity speakers.
- In 2021, Continental AG and Sennheiser had launched speaker less audio system for the interior of vehicles, where Sennheiser titles to make an immersive audio with the help of automotive actuators inside the vehicle to produce sound.
- In 2019, HELLA GmbH & Co. KGaA extended its electronics capability in the area of distinctive applications. The company expanded its portfolio ranging from sensors, energy management and automotive actuators through body electronics right up to assisting the driver systems.
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Market Segments Covered in Automotive Actuator:
-
By Product :
- Waste Gate Actuator
- VGT Actuator
- Throttle Actuator
- Brake Actuator
- EGR Actuator
- Power Seat Actuator
- Grille Shutter
- HVAC Actuator
- Headlamp Actuator
- Others (Quick Attach, Hood Lift, etc.)
-
By Vehicle :
- Passenger Vehicles
- Commercial Vehicles
- Heavy Commercial Vehicles
-
By Working :
- Pneumatic
- Hydraulic
- Electromagnetic
- Gear Motors or Electric
-
By Sales Channel :
- OEM
- Aftermarket
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa (MEA)
The insights for each vendor consists of:
- Company profile
- SWOT analysis
- Main market information
- Market share
- Revenue, pricing and gross margin
What insights does the Automotive Actuators Market report provide to the readers?
- Automotive Actuators fragmentation on the basis of product type, end use, and region.
- Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
- Collaborations, R&D projects, acquisitions, and product launches of each Automotive Actuators player.
- Various regulations imposed by the governments on the consumption of Automotive Actuators in detail.
- Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Automotive Actuators.
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The report covers following Automotive Actuators Market insights and assessment that are helpful for all participants involved in the Automotive Actuators market:
- Data on recently introduced regulations and their impact on key industries and on demand in Automotive Actuators
- Latest industry Analysis on Automotive Actuators Market, with key analysis of market drivers, trends, and influencing factors
- Key trends Analysis of Automotive Actuators Market and changing consumer preferences in major industries.
- Changing Automotive Actuators demand and consumption of diverse products
- Major trends underlining funding by key investors in numerous countries
- New investment opportunities in diverse technology and product or service types
- Comprehensive data and Competitive analysis of Automotive Actuators major players
- Automotive Actuators Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
- Automotive Actuators demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
Questionnaire answered in the Automotive Actuators Market report include:
- How the market for Automotive Actuators has grown?
- What is the present and future outlook of the global Automotive Actuators on the basis of region?
- What are the challenges and opportunities for the Automotive Actuators?
- Why the consumption of Automotive Actuators highest in region?
- In which year segment is expected to overtake segment?
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