Automotive Actuators

Automotive Actuators

Automotive actuators play a crucial role in the functioning of various systems within a vehicle. They are electromechanical devices that convert electrical signals into physical movement or force, allowing for precise control and operation of different components. These actuators are utilized in numerous applications throughout an automobile, contributing to its overall performance, safety, and comfort.

The automotive actuators Market is expected to grow at a strong CAGR of 7.5% during the forecast period. The increasing vehicle electrification, particularly in the context of electric vehicles (EVs), is a significant factor driving the growth of automotive actuators. As EVs gain popularity, the demand for actuators for electric powertrain components such as electric motors, inverters, and battery management systems has surged. For instance, in 2021, Bosch launched a new generation of 48-volt electric axle drive systems, including integrated powertrain components such as electric motors and actuators. This product launch demonstrates the industry's response to the growing demand for automotive actuators in the context of vehicle electrification.

• Based on Application type, the market is segmented into throttle actuator, seat adjustment actuator, brake actuator, closure actuator, and others. Among these, the throttle segment is expected to attain a high market share in 2022 and will dominate during the forecast period. The growing adoption of throttle actuators is driven by the increasing use of electronic throttle control systems in modern vehicles. Throttle actuators play a crucial role in regulating the airflow into the engine, resulting in improved fuel efficiency, responsiveness, and emissions control. For instance, in 2021 Ford Mustang introduce a Mach-E, an all-electric SUV. The Mustang Mach-E features an electronic throttle control system with a throttle actuator, providing precise control over the power delivery and enhancing the driving experience in an electric vehicle.
• Based on type, the market is segmented into hydraulic, electric, and pneumatic. Among these, electric is expected to hold a significant share of the market share in 2022 and will dominate during the forecast period. With the shift towards electric powertrains, various components that were traditionally mechanically driven now require electric actuators for precise control and operation. For instance, Volkswagen ID.4, an electric SUV. utilizes electric-type actuators for functions such as power steering, brake-by-wire systems, and electronic stability control. The use of electric actuators in the ID.4 highlights the industry's commitment to electrification and the increasing demand for such actuators in the electric vehicle market.
• Based on vehicle type, the market is segmented into passenger car and commercial vehicle. Among these, passenger car is expected to attain high market share in 2022 and will dominate during the forecast period due to its contribution towards enhanced comfort, safety, and performance. Additionally, actuators are used in the power seat adjustment, providing customizable seating positions and lumbar support for passengers. The growing incorporation of actuators in passenger cars underscores the industry's focus on delivering enhanced driving experiences and advanced functionalities to consumers.
• For a better understanding of the market adoption of the Industrial Relay industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Korea, and Rest of Asia-Pacific), Rest of World. Asia-pacific will hold the largest share of the market in 2022. The adoption of automotive actuators in the Asia Pacific region is driven by factors such as growing vehicle production, stringent emission regulations, and increasing demand for safety and convenience features. For instance, in 2021, Toyota Motor Corporation introduced its Safety Sense package in Japan, featuring advanced automotive actuators for pre-collision braking, lane departure alert, and adaptive cruise control. This launch demonstrates the region's focus on enhancing vehicle safety and meeting regulatory requirements, leading to the increased adoption of automotive actuators in the Asia Pacific market.
• Some of the major players operating in the market include BorgWarner Inc; Continental AG; CTS Corporation; DENSO Corporation; HELLA GmbH & Co. KGaA; Hitachi Ltd; Johnson Electric Holdings Limited; Mitsubishi Electric Corporation; Robert Bosch GmbH; Stoneridge Inc.