Global Automotive Actuator Market Growth 2023-2029
An actuator is a type of motor that controls a system.
LPI (LP Information)' newest research report, the “Automotive Actuator Industry Forecast” looks at past sales and reviews total world Automotive Actuator sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Actuator sales for 2023 through 2029. With Automotive Actuator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Actuator industry.
This Insight Report provides a comprehensive analysis of the global Automotive Actuator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Actuator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Actuator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Actuator and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Actuator.
The global Automotive Actuator market size is projected to grow from US$ 13680 million in 2022 to US$ 18950 million in 2029; it is expected to grow at a CAGR of 18950 from 2023 to 2029.
The key players include Bosch, HELLA, Schaeffler, Denso and Inteva Products. The revenue of top five manufacturers accounts only 12% of the total revenue. The high-end products mainly come from Europe.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Actuator market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
HVAC Actuators
Headlamp Actuators
Grill Shutter Actuators
Seat Actuators
Brake Actuators
Coolant & Refrigerant Valve Actuators
Other
Segmentation by application
Two- & three-wheelers
Passenger Cars
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bosch
HELLA
Schaeffler
Denso
Inteva Products
Valeo
Rheinmetall Automotive
Magna International
Mahle
Stoneridge
Magneti Marelli
Mitsubishi Electric
Johnson Electric
Hitachi
Knorr-Bremse
Woco Industrietechnik
Continental
NTN
Aisin Seiki
Haldex (BorgWarner)
Alfmeier Praezision
Eaton
Hyundai Kefico
Murakami
Harada Industry
Inzi Controls
EKK
NOK
Dongfeng Motor
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Actuator market?
What factors are driving Automotive Actuator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Actuator market opportunities vary by end market size?
How does Automotive Actuator break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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