Automotive Electric Actuator Market
Automotive Electric Actuator - Global Market Outlook (2019 -2027)
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.
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
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automotive Electric Actuator Market, By Valve Type
5.1 Introduction
5.2 2 Port Valve
5.3 3 Port Valve
5.4 4 Port Valve
5.5 5 Port Valve
6 Global Automotive Electric Actuator Market, By Product Type
6.1 Introduction
6.2 Fuel Injection Actuator
6.3 Active Grille Actuator
6.4 Brake Actuator
6.5 Cooling Valve Actuator
6.6 EGR Actuator
6.7 Headlamp Actuator
6.8 Hood Lift Actuator
6.9 HVAC Actuator
6.10 Power Seat Actuator
6.11 Power Window Actuator
6.12 Steering Column Actuator
6.13 Sunroof Actuator
6.14 Tailgate Actuator
6.15 Throttle Actuator
6.16 Turbo Actuator
6.17 VVT Actuator
6.18 Wiper Actuator
7 Global Automotive Electric Actuator Market, By Sales Channel
7.1 Introduction
7.2 Aftermarket
7.3 Original Equipment Manufacturer (OEM)
8 Global Automotive Electric Actuator Market, By Type
8.1 Introduction
8.2 Electric Actuator
8.3 Hydraulic Actuator
8.4 Pneumatic Actuator
8.5 Hybrid
8.6 Statistical
8.7 Rule-based
9 Global Automotive Electric Actuator Market, By Deployment Mode
9.1 Introduction
9.2 Cloud
9.3 On-premises
10 Global Automotive Electric Actuator Market, By Organization Size
10.1 Introduction
10.2 Small and Medium-Sized Enterprises (SMES)
10.3 Large Enterprises
11 Global Automotive Electric Actuator Market, By Component
11.1 Introduction
11.2 Services
11.2.1 Managed Services
11.2.2 Professional Services
11.3 Solutions
11.3.1 Platform
11.3.2 Software Tools
12 Global Automotive Electric Actuator Market, By Application
12.1 Introduction
12.2 Electric Vehicles
12.3 Heavy Commercial Vehicles
12.4 Light Commercial Vehicles
12.5 Passenger Vehicles
12.6 Body & Exterior
12.7 Engine
12.8 Interior
12.9 IC Powered Vehicles
12.10 Automatic Summarization
12.11 Information Extraction
12.12 Language Identification
12.13 Machine Translation
12.14 Question Answering
12.15 Sentiment Analysis
12.16 Spam Recognition
12.17 Text Classification
13 Global Automotive Electric Actuator Market, By End User
13.1 Introduction
13.2 Banking, Financial Services and Insurance (BFSI)
13.3 Manufacturing
13.4 Healthcare and Life Sciences
13.5 Retail and Ecommerce
13.6 Government and Defense
13.7 Media and Entertainment
13.8 Telecommunications and IT
13.9 Travel and Hospitality
13.10 Research and Education
13.11 Energy and Utilities
14 Global Automotive Electric Actuator Market, By Geography
14.1 Introduction
14.2 North America
14.2.1 US
14.2.2 Canada
14.2.3 Mexico
14.3 Europe
14.3.1 Germany
14.3.2 UK
14.3.3 Italy
14.3.4 France
14.3.5 Spain
14.3.6 Rest of Europe
14.4 Asia Pacific
14.4.1 Japan
14.4.2 China
14.4.3 India
14.4.4 Australia
14.4.5 New Zealand
14.4.6 South Korea
14.4.7 Rest of Asia Pacific
14.5 South America
14.5.1 Argentina
14.5.2 Brazil
14.5.3 Chile
14.5.4 Rest of South America
14.6 Middle East & Africa
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Qatar
14.6.4 South Africa
14.6.5 Rest of Middle East & Africa
15 Key Developments
15.1 Agreements, Partnerships, Collaborations and Joint Ventures
15.2 Acquisitions & Mergers
15.3 New Product Launch
15.4 Expansions
15.5 Other Key Strategies
16 Company Profiling
16.1 Aptiv
16.2 Borg Warner Inc.
16.3 Continental AG
16.4 CTS Corporation
16.5 DENSO Corporation
16.6 Hella GmbH & Co.
16.7 Hitachi Ltd.
16.8 Johnson Electric
16.9 KGaA
16.10 MAHLE GmbH
16.11 Mitusbishi Corporation
16.12 Nidec Motors & Actuators
16.13 Robert Bosch GmbH
16.14 Robertshaw Controls Pvt. Ltd.
16.15 Valeo
List of Tables
1 Global Automotive Electric Actuator Market Outlook, By Region (2018-2027) ($MN)
2 Global Automotive Electric Actuator Market Outlook, By Valve Type (2018-2027) ($MN)
3 Global Automotive Electric Actuator Market Outlook, By 2 Port Valve (2018-2027) ($MN)
4 Global Automotive Electric Actuator Market Outlook, By 3 Port Valve (2018-2027) ($MN)
5 Global Automotive Electric Actuator Market Outlook, By 4 Port Valve (2018-2027) ($MN)
6 Global Automotive Electric Actuator Market Outlook, By 5 Port Valve (2018-2027) ($MN)
7 Global Automotive Electric Actuator Market Outlook, By Product Type (2018-2027) ($MN)
8 Global Automotive Electric Actuator Market Outlook, By Fuel Injection Actuator (2018-2027) ($MN)
9 Global Automotive Electric Actuator Market Outlook, By Active Grille Actuator (2018-2027) ($MN)
10 Global Automotive Electric Actuator Market Outlook, By Brake Actuator (2018-2027) ($MN)
11 Global Automotive Electric Actuator Market Outlook, By Cooling Valve Actuator (2018-2027) ($MN)
12 Global Automotive Electric Actuator Market Outlook, By EGR Actuator (2018-2027) ($MN)
13 Global Automotive Electric Actuator Market Outlook, By Headlamp Actuator (2018-2027) ($MN)
14 Global Automotive Electric Actuator Market Outlook, By Hood Lift Actuator (2018-2027) ($MN)
15 Global Automotive Electric Actuator Market Outlook, By HVAC Actuator (2018-2027) ($MN)
16 Global Automotive Electric Actuator Market Outlook, By Power Seat Actuator (2018-2027) ($MN)
17 Global Automotive Electric Actuator Market Outlook, By Power Window Actuator (2018-2027) ($MN)
18 Global Automotive Electric Actuator Market Outlook, By Steering Column Actuator (2018-2027) ($MN)
19 Global Automotive Electric Actuator Market Outlook, By Sunroof Actuator (2018-2027) ($MN)
20 Global Automotive Electric Actuator Market Outlook, By Tailgate Actuator (2018-2027) ($MN)
21 Global Automotive Electric Actuator Market Outlook, By Throttle Actuator (2018-2027) ($MN)
22 Global Automotive Electric Actuator Market Outlook, By Turbo Actuator (2018-2027) ($MN)
23 Global Automotive Electric Actuator Market Outlook, By VVT Actuator (2018-2027) ($MN)
24 Global Automotive Electric Actuator Market Outlook, By Wiper Actuator (2018-2027) ($MN)
25 Global Automotive Electric Actuator Market Outlook, By Sales Channel (2018-2027) ($MN)
26 Global Automotive Electric Actuator Market Outlook, By Aftermarket (2018-2027) ($MN)
27 Global Automotive Electric Actuator Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)
28 Global Automotive Electric Actuator Market Outlook, By Type (2018-2027) ($MN)
29 Global Automotive Electric Actuator Market Outlook, By Electric Actuator (2018-2027) ($MN)
30 Global Automotive Electric Actuator Market Outlook, By Hydraulic Actuator (2018-2027) ($MN)
31 Global Automotive Electric Actuator Market Outlook, By Pneumatic Actuator (2018-2027) ($MN)
32 Global Automotive Electric Actuator Market Outlook, By Hybrid (2018-2027) ($MN)
33 Global Automotive Electric Actuator Market Outlook, By Statistical (2018-2027) ($MN)
34 Global Automotive Electric Actuator Market Outlook, By Rule-based (2018-2027) ($MN)
35 Global Automotive Electric Actuator Market Outlook, By Deployment Mode (2018-2027) ($MN)
36 Global Automotive Electric Actuator Market Outlook, By Cloud (2018-2027) ($MN)
37 Global Automotive Electric Actuator Market Outlook, By On-premises (2018-2027) ($MN)
38 Global Automotive Electric Actuator Market Outlook, By Organization Size (2018-2027) ($MN)
39 Global Automotive Electric Actuator Market Outlook, By Small and Medium-Sized Enterprises (SMES) (2018-2027) ($MN)
40 Global Automotive Electric Actuator Market Outlook, By Large Enterprises (2018-2027) ($MN)
41 Global Automotive Electric Actuator Market Outlook, By Component (2018-2027) ($MN)
42 Global Automotive Electric Actuator Market Outlook, By Services (2018-2027) ($MN)
43 Global Automotive Electric Actuator Market Outlook, By Managed Services (2018-2027) ($MN)
44 Global Automotive Electric Actuator Market Outlook, By Professional Services (2018-2027) ($MN)
45 Global Automotive Electric Actuator Market Outlook, By Solutions (2018-2027) ($MN)
46 Global Automotive Electric Actuator Market Outlook, By Platform (2018-2027) ($MN)
47 Global Automotive Electric Actuator Market Outlook, By Software Tools (2018-2027) ($MN)
48 Global Automotive Electric Actuator Market Outlook, By Application (2018-2027) ($MN)
49 Global Automotive Electric Actuator Market Outlook, By Electric Vehicles (2018-2027) ($MN)
50 Global Automotive Electric Actuator Market Outlook, By Heavy Commercial Vehicles (2018-2027) ($MN)
51 Global Automotive Electric Actuator Market Outlook, By Light Commercial Vehicles (2018-2027) ($MN)
52 Global Automotive Electric Actuator Market Outlook, By Passenger Vehicles (2018-2027) ($MN)
53 Global Automotive Electric Actuator Market Outlook, By Body & Exterior (2018-2027) ($MN)
54 Global Automotive Electric Actuator Market Outlook, By Engine (2018-2027) ($MN)
55 Global Automotive Electric Actuator Market Outlook, By Interior (2018-2027) ($MN)
56 Global Automotive Electric Actuator Market Outlook, By IC Powered Vehicles (2018-2027) ($MN)
57 Global Automotive Electric Actuator Market Outlook, By Automatic Summarization (2018-2027) ($MN)
58 Global Automotive Electric Actuator Market Outlook, By Information Extraction (2018-2027) ($MN)
59 Global Automotive Electric Actuator Market Outlook, By Language Identification (2018-2027) ($MN)
60 Global Automotive Electric Actuator Market Outlook, By Machine Translation (2018-2027) ($MN)
61 Global Automotive Electric Actuator Market Outlook, By Question Answering (2018-2027) ($MN)
62 Global Automotive Electric Actuator Market Outlook, By Sentiment Analysis (2018-2027) ($MN)
63 Global Automotive Electric Actuator Market Outlook, By Spam Recognition (2018-2027) ($MN)
64 Global Automotive Electric Actuator Market Outlook, By Text Classification (2018-2027) ($MN)
65 Global Automotive Electric Actuator Market Outlook, By End User (2018-2027) ($MN)
66 Global Automotive Electric Actuator Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2018-2027) ($MN)
67 Global Automotive Electric Actuator Market Outlook, By Manufacturing (2018-2027) ($MN)
68 Global Automotive Electric Actuator Market Outlook, By Healthcare and Life Sciences (2018-2027) ($MN)
69 Global Automotive Electric Actuator Market Outlook, By Retail and Ecommerce (2018-2027) ($MN)
70 Global Automotive Electric Actuator Market Outlook, By Government and Defense (2018-2027) ($MN)
71 Global Automotive Electric Actuator Market Outlook, By Media and Entertainment (2018-2027) ($MN)
72 Global Automotive Electric Actuator Market Outlook, By Telecommunications and IT (2018-2027) ($MN)
73 Global Automotive Electric Actuator Market Outlook, By Travel and Hospitality (2018-2027) ($MN)
74 Global Automotive Electric Actuator Market Outlook, By Research and Education (2018-2027) ($MN)
75 Global Automotive Electric Actuator Market Outlook, By Energy and Utilities (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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