Automotive Comfort and Closure Motors and Actuators Market Research Report By Offering (Motors{Brushless DC Motors ,Brush Motors ,Stepper Motors}, Actuator), By Application (Seating Actuation {Recliner, Height Adjustment, Tilt ,Track Adjustment}, Power Liftgate (PLG) ,Seat Latch ,Sunroof, Frunk ,Power Windows, Others), By Vehicle Propulsion (ICE vehicles , EV (Electric Vehicles), By Vehicle Type(Passenger Cars ,Commercial Vehicles { LCVs, Trucks ,Buses}, Off-Highway Vehicles) ,By Sales Channel (OEM and Aftermarket) and By Region – Industry Forecast to 2032
In 2023, the market size for automotive comfort and closure motors and actuators was estimated to be USD 6912.8 million. During the projection period (2024 - 2032), the Automotive Comfort and Closure Motors and Actuators Market is expected to increase at a compound annual growth rate (CAGR) of 7.7%, from USD 7404.56 million in 2024 to USD 13471.9 million by 2032. Motors and actuators for automotive comfort and closure are a class of crucial parts that are built into cars to enable a variety of comfort and closure features. Automobile convenience amenities like power windows, sunroofs, seat adjustments, trunk opening systems, and others are powered by these motors and actuators.
The market for vehicle comfort and closure motors and actuators is seeing a trend toward miniaturization and noise reduction because of efforts to improve user experience, efficiency, and performance. First off, without sacrificing functionality, miniaturization enables the creation of motors and actuators that are lighter, smaller, and more compact. Automakers are able to optimize space use and enhance overall vehicle efficiency by using smaller components, while trends in vehicle design are moving toward sleeker and more aerodynamic profiles. Miniaturization also helps to reduce weight, improve fuel efficiency, lessen environmental impact, and maintain or even raise performance levels.
Insights on Market SegmentsThe automotive comfort and closure motors and actuators market has been divided into motor and actuator segments based on the offering.
The market has been divided into segments according to the application, including power liftgate (PLG), seat latch, sunroof, power windows, and others.
The Automotive Comfort and Closure Motors and Actuators Market has been divided into ICE cars and EVs (Electric cars) based on the type of vehicle propulsion.
The market has been divided into three categories: off-highway vehicles, commercial vehicles, and passenger cars.
The market has been divided into OEM and Aftermarket segments according to the sales channel.
Regional PerspectivesIn the market for automobile comfort and closure motors and actuators in 2023, Asia Pacific held the biggest market share. Due to a number of regionally unique variables, the automobile comfort and closure motors and actuators market in Asia Pacific is expanding significantly.
The automotive comfort and closure motors and actuators market in North America is expanding significantly, which can be attributable to a number of important regional factors.
The automotive comfort and closure motors and actuators market in the Middle East and Africa (MEA) is expanding at a significant rate due to a number of regionally specific reasons.
The market for automotive comfort and closure motors and actuators in Europe is expanding significantly due to a number of regionally specific factors. Europe's robust automotive sector, which is marked by a strong demand for cars with cutting-edge comfort and closure systems, is a major factor in this expansion.
The growing middle class and shifting customer tastes are major factors propelling the South & Central America Automotive Comfort and Closure Motors and Actuators Market's expansion.
Key PlayersNMB Technologies Corporation, Brose, SHENGHUABO Group Co. Ltd, Keiper Seating Mechanisms Co, Ltd, Mabuchi Motor Co., Ltd, Mitsuba Corp., Johnson Electric Holdings Limited, Robert Bosch GMBH, Denso Corporation, FORVIA, PORTESCAP, Hella GMBH & Co. KGAA, Continental AG, Nidec Corporation, Mahle GMBH, EFI Automotive, Valeo SE, and Nook Industries Inc. are some of the prominent players in the Automotive Comfort and Closure Motors and Actuators Market.