The global Automotive Electric Actuators market was valued at US$ 3735.1 million in 2022 and is projected to reach US$ 7618 million by 2029, at a CAGR of 10.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Automotive Electric Actuators Market 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. Automotive Electric Actuators Market is mainly focusing on automotive actuators.
Automotive Electric Actuators Market aims to provide a comprehensive presentation of the global market for Automotive Electric Actuators, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Electric Actuators. Automotive Electric Actuators Market contains market size and forecasts of Automotive Electric Actuators in global, including the following market information:
- Global Automotive Electric Actuators Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Automotive Electric Actuators Market Sales, 2018-2023, 2024-2029, (M Units)
- Global top five Automotive Electric Actuators companies in 2022 (%)
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.
We surveyed the Automotive Electric Actuators manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Electric Actuators Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive Electric Actuators Market Segment Percentages, by Type, 2022 (%)
- Throttle Actuator
- Fuel Injection Actuator
- Brake Actuator
- Body
- Others
Global Automotive Electric Actuators Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive Electric Actuators Market Segment Percentages, by Application, 2022 (%)
- Passenger Vehicle
- Commercial Vehicle
Global Automotive Electric Actuators Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive Electric Actuators Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Automotive Electric Actuators revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Automotive Electric Actuators revenues share in global market, 2022 (%)
- Key companies Automotive Electric Actuators sales in global market, 2018-2023 (Estimated), (M Units)
- Key companies Automotive Electric Actuators sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Bosch
- Denso
- Delphi
- Magna
- Continental
- Valeo
- Magneti Marelli
- Hitachi
- Hella
- Mahle
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Automotive Electric Actuators, market overview.
- Chapter 2: Global Automotive Electric Actuators market size in revenue and volume.
- Chapter 3: Detailed analysis of Automotive Electric Actuators manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Automotive Electric Actuators in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Automotive Electric Actuators capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.