Global Automotive Electric Actuators Market Growth 2023-2029

Global Automotive Electric Actuators Market Growth 2023-2029

This report studies the Automotive Electric Actuators market. An actuator is a component of a machine that is responsible for moving or controlling a mechanism or system. This report is mainly focusing on automotive actuators.
LPI (LP Information)' newest research report, the “Automotive Electric Actuators Industry Forecast” looks at past sales and reviews total world Automotive Electric Actuators sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Electric Actuators sales for 2023 through 2029. With Automotive Electric Actuators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Electric Actuators industry.
This Insight Report provides a comprehensive analysis of the global Automotive Electric Actuators 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 Electric Actuators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Electric Actuators market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Electric Actuators 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 Electric Actuators.
The global Automotive Electric Actuators market size is projected to grow from US$ 3551 million in 2022 to US$ 7665 million in 2029; it is expected to grow at a CAGR of 7665 from 2023 to 2029.
Global Automotive Electric Actuators key players include Bosch, Denso, Delphi, Magna, Continental, etc. Global top five manufacturers hold a share over 65%. Europe is the largest market, with a share over 40%, followed by North America and China, total have a share over 40 percent. In terms of product, Throttle Actuator is the largest segment, with a share about 30%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Electric Actuators market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Throttle Actuator
Fuel Injection Actuator
Brake Actuator
Body
Others
Segmentation by application
Passenger Vehicle
Commercial Vehicle
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
Denso
Delphi
Magna
Continental
Valeo
Magneti Marelli
Hitachi
Hella
Mahle
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Electric Actuators market?
What factors are driving Automotive Electric Actuators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Electric Actuators market opportunities vary by end market size?
How does Automotive Electric Actuators 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.