Global Automotive Actuators Market

Automotive Actuators Market Size, Share, Growth Analysis, By Product(Brake Actuators, Cooling Valve Actuators, EGR Actuators, Grill Shutter Actuators), By Actuation(Operational Data, Hydraulic, Pneumatic, and Electric), By Motion(Linear, Rotary), By Artificial Muscles(Shape Memory Alloy (SMA), and Smart Polymers), By Vehicle Type(On-highway (Passenger Car, Light Commercial Vehicle (LCV), and Heavy Commercial Vehicle (HEV)), and Off-Highway), By Application(Operational Data, Engine, Body Control & Exterior, and Interior Actuators), By Region - Industry Forecast 2025-2032

Report ID: SQMIG25A2162 | Region: Global | Published Date: October, 2024
Pages: 157 | Tables: 61 | Figures: 75

Automotive Actuators Market Competitive Landscape

The competitive landscape of the automotive actuators market is represented by several large manufacturers emphasizing innovations and technical developments. Companies have heavily invested in R&D efforts for developing advanced actuators as demanded by the rapidly growing technology demand for autonomous driving, sophisticated safety systems, and battery-driven automobiles. To improve market positions and expand diversified product ranges, companies are engaged in many strategic alliances, partnerships, and acquisition programs. 

Automotive Actuators Market Top Player’s Company Profile

  • Robert Bosch (Germany) 
  • Hella GmbH & Co. KGaA (Germany) 
  • Continental AG (Germany) 
  • Johnson Electric (Hong Kong) 
  • Denso Corporation (Japan) 
  • Mitsubishi Electric Corporation (Japan) 
  • Nidec Corporation (Japan) 
  • BorgWarner (US) 
  • Hitachi Automotive Systems Ltd. (Japan) 
  • Stoneridge Inc. (US) 
  • Mahle GmbH (Germany) 
  • EFI Automotive (France) 
  • ZF Friedrichshafen AG (Germany) 
  • Magneti Marelli (Italy) 
  • Valeo SE (France) 
  • Nook Industries Inc. (US) 
  • Actus Manufacturing Inc. (US) 
  • Thermotion (US) 
  • CTS Corporation (US) 
  • APC International, Ltd. (US) 
  • Hoerbiger Holding AG (Switzerland) 
  • Cebi International SA Group (Luxembourg) 
  • Tolomatic, Inc. (US) 
  • Actuonix Motion Devices (Canada)

Automotive Actuators Market

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Global Automotive Actuators Market size was valued at USD 19.92 billion in 2022 and is poised to grow from USD 20.90 billion in 2023 to USD 30.64 billion by 2031, growing at a CAGR of 4.9% in the forecast period (2024-2031).

The competitive landscape of the automotive actuators market is represented by several large manufacturers emphasizing innovations and technical developments. Companies have heavily invested in R&D efforts for developing advanced actuators as demanded by the rapidly growing technology demand for autonomous driving, sophisticated safety systems, and battery-driven automobiles. To improve market positions and expand diversified product ranges, companies are engaged in many strategic alliances, partnerships, and acquisition programs.  'Robert Bosch (Germany) ', 'Hella GmbH & Co. KGaA (Germany) ', 'Continental AG (Germany) ', 'Johnson Electric (Hong Kong) ', 'Denso Corporation (Japan) ', 'Mitsubishi Electric Corporation (Japan) ', 'Nidec Corporation (Japan) ', 'BorgWarner (US) ', 'Hitachi Automotive Systems Ltd. (Japan) ', 'Stoneridge Inc. (US) ', 'Mahle GmbH (Germany) ', 'EFI Automotive (France) ', 'ZF Friedrichshafen AG (Germany) ', 'Magneti Marelli (Italy) ', 'Valeo SE (France) ', 'Nook Industries Inc. (US) ', 'Actus Manufacturing Inc. (US) ', 'Thermotion (US) ', 'CTS Corporation (US) ', 'APC International, Ltd. (US) ', 'Hoerbiger Holding AG (Switzerland) ', 'Cebi International SA Group (Luxembourg) ', 'Tolomatic, Inc. (US) ', 'Actuonix Motion Devices (Canada)'

Smart Actuator Integration in Autonomous Vehicles: The application of smart actuators in driverless cars is gaining increasing momentum. Without human support, these actuators facilitate a number of operations including steering, stopping, and acceleration. As the advanced technology of autonomous driving comes along with the guarantee of precision and security of the automated driving systems, the necessity for smart actuators is gaining increasingly. This, therefore, creates an increasing demand for the parts. 

Asia-Pacific has benefited from the region's marked increase in market share for automotive actuators because of rapid urbanization, rising disposable incomes, and a rapidly expanding automotive industry. China, Japan, and South Korea lead the charge in transforming the region into a global hub for automotive innovation and production. With local car makers investing more in cutting-edge technology such as electric mobility and vehicle safety, Asia Pacific became one of the major players in the automobile manufacturing industry in 2024. Government programs focusing on the use of EVs and the development of safer, more intelligent automobiles are driving up the demand for automotive actuators, which play an important role in many systems-from powertrains to brakes, and safety features. 

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Global Automotive Actuators Market

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