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 2024-2031

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).

With the advancement of technology, automotive actuators are increasingly recognized as pivotal in reducing road fatalities. They find widespread application in throttle control, seat adjustment, brake operation, and closure mechanisms across a variety of vehicle types, including light commercial vehicles, passenger vehicles, and heavy commercial vehicles. The installation of diverse actuators in these vehicles aims to enhance safety and comfort. Automotive actuators are classified into three main types: hydraulic, electric, and pneumatic. Electric actuators have gained prominence globally, replacing hydraulic and pneumatic actuators due to their advantages such as lower noise emission, compact and lightweight design, and flexible installation options. Comfort features have become a universal requirement in passenger vehicles, prompting original equipment manufacturers (OEMs) to invest significant efforts in installing various actuators to enhance the driving experience. Electric actuators are extensively used in comfort-related functions, such as window lift drives, power tailgate drives, seat drives, and sunroof drives, among others, in light commercial vehicles, passenger, and heavy commercial vehicles.

US Automotive Actuators Market is poised to grow at a sustainable CAGR for the next forecast year.