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Automotive Electric Actuator - Global Market Outlook (2019 -2027)

Automotive Electric Actuator - Global Market Outlook (2019 -2027)

4.7 (72 reviews)
Published: December 2020 ID: SMRC20208
4.7 (72 reviews)
Published: December 2020 ID: SMRC20208

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Automotive Electric Actuator Market is accounted for $7.48 billion in 2019 and is expected to reach $13.84 billion by 2027 growing at a CAGR of 8.0% during the forecast period. The growing demand for in-vehicle comfort systems attributed to an increase in the command for a luxurious and comfortable ride is the major factor propelling the market growth. However, the threat of failure of electric components in an electric actuator is hampering the market growth.

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Automotive electric actuators help in regulating engine inactive speed, engine torque, etc., which help raise the engine effectiveness and vehicle performance. This actuator is used to normally operate a multi-turn valve. Moreover, a mechanical brake is installed above the motor, which enables the actuator, to keep a check on the opening of the valve, and avoid the valve from getting opened completely when not required. In the absence of this brake, the valve will be opened and closed back to its original position continuously.

Based on the application, the interior segment is likely to have a huge demand due to it consists of products, together with a power window, HVAC, power seat, steering column, and several others. Growing dissemination of power seat in passenger vehicles and HVAC systems in light commercial vehicles is expected to drive the command for interior applications of electric actuators.

By geography, the Asia Pacific is going to have a lucrative growth during the forecast period owing to more number of vehicles produced in the region, as compared to that in other regions. Furthermore, the dissemination of electric vehicles in the Asia Pacific is growing rapidly, which impels the market for automotive electric actuators in the region.

Some of the key players profiled in the Automotive Electric Actuator Market include Aptiv, Borg Warner Inc., Continental AG, CTS Corporation, DENSO Corporation, Hella GmbH & Co., Hitachi Ltd., Johnson Electric, KGaA, MAHLE GmbH, Mitusbishi Corporation, Nidec Motors & Actuators, Robert Bosch GmbH, Robertshaw Controls Pvt. Ltd., and Valeo.

Valve Types Covered:
• 2 Port Valve
• 3 Port Valve
• 4 Port Valve
• 5 Port Valve

Product Types Covered:
• Fuel Injection Actuator
• Active Grille Actuator
• Brake Actuator
• Cooling Valve Actuator
• EGR Actuator
• Headlamp Actuator
• Hood Lift Actuator
• HVAC Actuator
• Power Seat Actuator
• Power Window Actuator
• Steering Column Actuator
• Sunroof Actuator
• Tailgate Actuator
• Throttle Actuator
• Turbo Actuator
• VVT Actuator
• Wiper Actuator

Sales Channels Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)

Types Covered:
• Electric Actuator
• Hydraulic Actuator
• Pneumatic Actuator
• Hybrid
• Statistical
• Rule-based

Deployment Modes Covered:
• Cloud
• On-premises

Organization Sizes Covered:
• Small and Medium-Sized Enterprises (SMES)
• Large Enterprises

Components Covered:
• Services
• Solutions

Applications Covered:
• Electric Vehicles
• Heavy Commercial Vehicles
• Light Commercial Vehicles
• Passenger Vehicles
• Body & Exterior
• Engine
• Interior
• IC Powered Vehicles
• Automatic Summarization
• Information Extraction
• Language Identification
• Machine Translation
• Question Answering
• Sentiment Analysis
• Spam Recognition
• Text Classification

End Users Covered:
• Banking, Financial Services and Insurance (BFSI)
• Manufacturing
• Healthcare and Life Sciences
• Retail and Ecommerce
• Government and Defense
• Media and Entertainment
• Telecommunications and IT
• Travel and Hospitality
• Research and Education
• Energy and Utilities

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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