Automotive Actuators Market Study By Business Base Distribution And Competitive Dynamics 2018-2026
Global Automotive Actuators Market was valued US$ 5.41Bn in 2017 and is estimated to reach US$ 9.34Bn by 2026 at a CAGR of about 7.06%.
Global Automotive Actuators Market segmented by Product, by Vehicle type, and by region. Based on Product, Automotive Actuators Market is classified into HVAC Actuators, Headlamp Actuators, Grill Shutter Actuators, Seat Actuators, Brake Actuators, Coolant & refrigerant valve actuators, and others.
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By Vehicle type, Automotive Actuators Market divided into in Electric Vehicle, Passenger vehicle, Commercial Vehicle, Two- & three-wheeler.
The report covers an in-depth macro and microanalysis of economies across the globe by regions North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Key market drivers, market trends, market forecast, dominant players in specific regions and their vendors with value chain are covered in the report. Comprehensive analysis of each region for automotive actuators market will provide the necessary and market information with competitive landscape of the regions. Asia Pacific is expected to grow at the highest CAGR during the forecast period and is expected to give significant growth opportunities to the manufacturers.
Apart from the key players in automotive actuators, the report has also covered the analysis of dominant OEMs in the region that will help decision-makers to make informed decisions.
The report has analyzed an increasing demand from electric vehicles and a rise in demand for fuel-efficient vehicles and advanced automated systems that are driving the market for Automotive Actuators. Consumer has also become aware about the performance, safety, comfort that are creating opportunities for the manufacturers across the globe.
Early wear & tear of the actuator can be one of the growth restraints for an automotive actuators market.
In terms of Product, brake actuators segment is expected to hold largest market share during the forecast period. Rising preference for electric brake actuators, governments across the world are making installation of anti-lock braking systems (ABS) and electronic stability systems mandatory that will boost the demand for automotive actuator market in the near future.
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Passenger vehicle segment is expected to be the fastest growing segment in automotive actuators market. Increase in sales of passenger cars across the globe, an introduction of advanced automated systems in vehicles, rising production of vehicles in Asia Pacific and growing demand for luxury cars equipped with advanced autonomous systems are some of the drivers for the market
Hitachi Automotive Systems Ltd, Actus Manufacturing, Inc., Cebi International S.A., CTS Corporation, Nidec Corporation, Continental AG, Robert Bosch GmbH, Delphi Automotive LLP, HELLA GmbH & Co. KGaA, HUSCO International, Kiekert AG, Johnson Electric, MAHLE GmbH, Mitsubishi Electric Corporation, Robert Bosch GmbH, Valeo, WABCO, Cameron, Flowserve, Honeywell.
the scope of the Global Automotive Actuators Market:
Global Automotive Actuators Market: By Product
HVAC Actuators
Headlamp Actuators
Grill Shutter Actuators
Seat Actuators
Brake Actuators
Coolant & Refrigerant Valve Actuators
Others
Global Automotive Actuators Market: By Vehicle Type
Electric Vehicles
Passenger Cars
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Commercial Vehicles
Two- & three-wheelers
Global Automotive Actuators Market: By region
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Key Player analyzed in Global Automotive Actuators Market:
Hitachi Automotive Systems Ltd
Actus Manufacturing, Inc.
Cebi International S.A.
CTS Corporation
Nidec Corporation
Continental AG
Robert Bosch GmbH
Delphi Automotive LLP
HELLA GmbH & Co. KGaA
HUSCO International
Kiekert AG
Johnson Electric
MAHLE GmbH
Mitsubishi Electric Corporation
Robert Bosch GmbH
Valeo
WABCO
Cameron
Flowserve
Honeywell