Report Feature
The future of the automotive actuator market looks promising with opportunities in the passenger car, light commercial vehicle, and electric vehicle industries. The automotive actuator market is expected to grow with a CAGR of 6% from 2019 to 2024. The major drivers for this market are increasing demand for fuel-efficient vehicles, rising adoption of continuous variable transmission and all-wheel drive vehicles, and increasing use of advanced driver assistance systems (ADAS) per vehicle including adaptive cruise control (ACC), automated brake assist, and lane keep assist.
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The study includes the actuator market size and forecast for the automotive actuator market through 2024, segmented by actuator type, by application, by end use, by sales channel, and by region as follows:
By Actuator Type [$M shipment analysis for 2013 – 2024]:
- Electric Actuator
- Hydraulic Actuator
- Pneumatic Actuator
- Mechanical Actuator
By Application [$M shipment analysis for 2013 – 2024]:
- Variable Valve Technology
- Turbochargers
- Coolant & Refrigerant Systems
- Brake System
- Active Grill Shutter
- Adaptive Headlamps
- HVAC Systems
- Others
By End Use [$M shipment analysis for 2013 – 2024]:
- Passenger cars
- Small cars
- Compact cars
- Mid-Sized cars
- Luxury cars
- SUVs & Crossovers
- Light Commercial vehicles
- Electric Vehicles
By Sales Channel [$M shipment analysis for 2013 – 2024]:
- Original Equipment Manufacturer
- Aftermarket
By Region [$M shipment analysis for 2013 – 2024]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- Asia Pacific
- China
- Japan
- India
- Rest of the World
- Brazil
- Turkey
Some of the actuator companies profiled in this report include Hitachi Automotive Systems, Actus Manufacturing, Cebi International, HELLA GmbH & Co. KGaA, HUSCO International, Kiekert, Johnson Electric, Mahle Group, Mitsubishi Electric Corporation, Robert Bosch, Valeo, and WABCO, and others.
Some of the features of "Automotive Actuator Market 2019-2024: Trends, Forecast, and Opportunity Analysis" include
- Market size estimates: Automotive actuator market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis:Market trend (2013-2018) and forecast (2019-2024) by application, and end use industry.
- Segmentation analysis: Market size by actuator type, by application, by end use, by sales channel, and by region.
- Regional analysis: Automotive actuator market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities: Analysis on growth opportunities in different applications and regions for actuator in the automotive actuator market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape for, actuator in the automotive actuator market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the automotive actuator market by actuator type (electric actuator, hydraulic actuator, pneumatic actuator, mechanical actuator), by application (variable valve technology, turbochargers, coolant & refrigerant systems, brake system, active grill shutter, adaptive headlamps, HVAC systems, and others), by end use (passenger car [small car, compact car, mid-size car, luxury car, SUVS & crossovers], light commercial vehicles, and electric vehicle), by sales channel (original equipment manufacturer, aftermarket), and by region (North America, Europe, APAC, and ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the actuator market?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the actuator market?
Q.5 What are the business risks and threats to the actuator market?
Q.6 What are emerging trends in this actuator market and the reasons behind them?
Q.7 What are some changing demands of customers in the actuator market?
Q.8 What are the new developments in the actuator market? Which companies are leading these developments?
Q.9 Who are the major players in this actuator market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this actuator area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, actuator market?
Table of Contents
1. Executive Summary
6.2 Emerging Trends in Global Automotive Actuator Market
4.1 Global Automotive Actuator Market by Region
4.2.1 Market by Actuator Type: Electric Actuator, Hydraulic Actuator, Pneumatic Actuator, and Mechanical Actuator
4.2.2 Market by Application: Variable Valve Technology, Turbochargers, Coolant & Refrigerant Systems, Brake System, Active Grill Shutter, Adaptive Headlamps, HVAC Systems, and Others
4.2.3 Market by End Use: Small Cars, Compact Cars, Mid-Sized Cars, Luxury Cars, SUVs & Crossovers, Light Commercial Vehicles, and Electric Vehicles
4.2.4 Market by Sales Channel: Original Equipment Manufacturer, and Aftermarket
4.2.5 Market by Country: United States, Canada, and Mexico.
4.3.1 Market by Actuator Type: Electric Actuator, Hydraulic Actuator, Pneumatic Actuator, and Mechanical Actuator
4.3.2 Market by Application: Variable Valve Technology, Turbochargers, Coolant & Refrigerant Systems, Brake System, Active Grill Shutter, Adaptive Headlamps, HVAC Systems, and Others
4.3.3 Market by End Use: Small Cars, Compact Cars, Mid-Sized Cars, Luxury Cars, SUVs & Crossovers, Light Commercial Vehicles, and Electric Vehicles
4.3.4 Market by Sales Channel: Original Equipment Manufacturer, and Aftermarket
4.3.5 Market by Country: Germany, UK, and Italy.
4.4.1 Market by Actuator Type: Electric Actuator, Hydraulic Actuator, Pneumatic Actuator, and Mechanical Actuator
4.4.2 Market by Application: Variable Valve Technology, Turbochargers, Coolant & Refrigerant Systems, Brake System, Active Grill Shutter, Adaptive Headlamps, HVAC Systems, and Others
4.4.3 Market by End Use: Small Cars, Compact Cars, Mid-Sized Cars, Luxury Cars, SUVs & Crossovers, Light Commercial Vehicles, and Electric Vehicles
4.4.4 Market by Sales Channel: Original Equipment Manufacturer, and Aftermarket
4.4.5 Market by Country: China, Japan, and India.
4.5.1 Market by Actuator Type: Electric Actuator, Hydraulic Actuator, Pneumatic Actuator, and Mechanical Actuator
4.5.2 Market by Application: Variable Valve Technology, Turbochargers, Coolant & Refrigerant Systems, Brake System, Active Grill Shutter, Adaptive Headlamps, HVAC Systems, and Others
4.5.3 Market by End Use: Small Cars, Compact Cars, Mid-Sized Cars, Luxury Cars, SUVs & Crossovers, Light Commercial Vehicles, and Electric Vehicles
4.5.4 Market by Sales Channel: Original Equipment Manufacturer, and Aftermarket
4.5.5 Market by Country: Brazil, and Turkey.
6.1.1 Growth Opportunities for Global Automotive Actuator Market by Actuator Type
6.1.2 Growth Opportunities for Global Automotive Actuator Market by Application
6.1.3 Growth Opportunities for Global Automotive Actuator Market by End Use
6.1.4 Growth Opportunities for Global Automotive Actuator Market by Sales Channel
6.1.5 Growth Opportunities for Global Automotive Actuator Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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