Global Automotive Electric Actuators Market (2023-2028) by Product, Valve, Application, Vehicle, Sales Channel, and Regional Analysis, AI and Sustainability Footprints, and Market Success Strategies

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The Global Automotive Electric Actuators Market is set to surge from USD 7.7 Bn in 2023 to a projected USD 10.36 Bn by 2028, growing at a CAGR of 6.12%.

automotive electric actuators


The Global Electric Actuators Market is experiencing significant transformations driven by various factors. The increasing global awareness of environmental issues and the enforcement of strict emissions regulations have generated a demand for fuel-efficient vehicles. Electric actuators play a crucial role in improving engine and driving efficiency, aligning with automakers’ objectives to meet these stringent regulations. Additionally, electric motors contribute to fuel reduction, making them a crucial factor for compliance. Anticipated is a substantial increase in demand for electric actuators due to the automotive industry’s shift towards hybrid electric vehicles. Markets that offer more advanced and energy-efficient machinery are in a favorable position to meet this growing demand. A primary challenge confronting the global electric actuators market is the high initial cost of these devices for users. Automotive Electric Actuators are complex products requiring precision engineering and the use of advanced materials, leading to increased manufacturing expenses.

Moreover, integrating electric actuators into vehicles demands specialized knowledge and expertise, further raising costs. However, it’s essential to recognize that while the initial investment may be high, the long-term benefits include improved fuel efficiency and reduced maintenance costs. Environmental compliance standards often outweigh upfront costs, emphasizing the focus on cost optimization. Emerging economies are gaining prominence in the global electrical generator market due to rapid technological advancements, urbanization, and the growth of the automotive industry, leading to increased demand for high-tech vehicles. To enter these expanding markets, companies should consider partnering with local businesses, adapting resources to local priorities and regulations. The integration of Electric Actuators into critical vehicle systems necessitates a strong emphasis on reliability and durability. Concerns about electric component failures and their safety and operational implications highlight the need for rigorous quality control processes and thorough testing protocols. Additionally, providing effective maintenance solutions and post-sales support can enhance consumer confidence in the reliability of electric actuators, mitigating potential risks.


Segment Analysis Global Automotive Electric Actuators Market

The Global Automotive Electric Actuators Market is segmented based on Product, Valve, Application, Vehicle, Sales Channel, and Geography.

The automotive electric actuators market adopts a systematic segmentation approach based on several criteria. Firstly, it divides its products into two primary types: linear electric actuators and rotary electric actuators, each serving diverse functions within the automotive sector. Secondly, the market categorizes applications into three key segments: engine-related functions, body and exterior components, and interior systems. This categorization allows for customized solutions to address the specific requirements of each application. Thirdly, the market classifies vehicles into different segments, including passenger vehicles, commercial vehicles, and other specialized categories. This segmentation ensures that electric actuators are tailored to suit the unique needs of various vehicle types. Lastly, the market distinguishes between sales channels, encompassing Original Equipment Manufacturers (OEM) and the aftermarket. This differentiation streamlines the distribution and availability of electric actuators to meet manufacturing and replacement demands in the automotive industry.


Regional Analysis Global Automotive Electric Actuators Market

Europe and APAC are the leading regions in the market.

The Asia-Pacific region shows substantial potential in leading the automotive electric actuators market in the coming years, driven by a strong automotive sector and increasing vehicle demand, especially in countries like China and India. The adoption of advanced electric actuators in vehicles is further propelled by strict safety regulations and heightened road safety awareness. The Asia-Pacific region’s emergence as a key automotive manufacturing hub highlights its significance as a market for electric actuator components.

In Europe, renowned automakers like Volkswagen, BMW, and Mercedes-Benz create a robust demand for automotive electric actuators. The presence of these major manufacturers, combined with Europe’s commitment to stringent safety regulations and emission standards, fosters the adoption of advanced electric actuator technologies. Europe’s pioneering efforts in developing innovative safety features further enhance the automotive electric actuators market in the region.

The Middle East and Africa (MEA) region is progressively acknowledging the significance of automotive electric actuators in enhancing safety. Countries like the United Arab Emirates are investing in their automotive industries to reduce import reliance and boost local production. The expansion of automotive assembly and manufacturing in MEA nations will significantly impact the automotive electric actuators market.


List of Companies

The report provides profiles of the key companies, outlining their history, business segments, product overview, and company financials. Some Electric Actuators companies competitive analysis are Aptiv, Hyundai Mobis, Denso Corporation, Robert Bosch GmbH, Toray Industries Inc., etc.


Key Developments

RISE Robotics developed an electric actuator named RISE Cylinder that can overcome several challenges associated with hydraulic systems. Integration of this technology minimizes the power drain on batteries and significantly enhances electric vehicles’ performance and energy consumption. – February 2021

Frequently Asked Questions

How Much Is The Global Automotive Electric Actuators Market Size?

The Global Automotive Electric Actuators Market is expected to grow from USD 7.7 Bn in 2023 to USD 10.36 Bn by 2028, with a CAGR of 6.12%.

What Is The Major Global Automotive Electric Actuators Market Driver?

  • Increasing Demand for Safety Features

  • Increasing Adoption of Electric Vehicles

What are the Major Automotive Electric Actuators Market Opportunities?

  • Increasing Presence of Automotive Components Manufacturers

  • Growing Demand from Europe

Which Region has Held the Highest Market Share in the Automotive Electric Actuators Market?

APAC has a significant market share, and Europe has Demand and Positively Impacting on the Market

Who Are The Automotive Electric Actuators Market Players?

Aptiv PLC, BorgWarner Inc., Continental AG, CTS Corporation, Denso Corporation, etc.

1. Introduction
1.1 Scope of the Study
1.2 Purpose of the Study
1.3 Limitations of the Study
1.4 Currency

2. Executive Summary
2.1 Market Definition
2.2 Market Size and Segmentation
2.3 Insights for CXOs

3. Market Forces
3.1 Drivers
3.1.1 Rise in Demand for Fuel-Efficient Vehicles
3.1.2 Increase in Demand for Electronically Advanced Systems in Vehicles
3.1.3 Growing Demand for Luxury Vehicles
3.2 Restraints
3.2.1 High Initial Equipment Costs
3.3 Opportunities
3.3.1 Advanced Technological Expansion in Emerging Economies
3.3.2 Rising Demand for In-Vehicle Comfort Systems
3.4 Challenges
3.4.1 Risk of Electric Components Failure

4. AI and Sustainability Footprints
4.1 Market Trends of AI and Sustainability
4.2 Application of AI - AI Adoption Levels
4.3 Environmental and Emission Reduction Initiatives

5. Market Analysis
5.1 Government Regulations
5.2 Patent Analysis
5.3 PESTLE Analysis
5.4 Porter's Five Forces Analysis
5.5 Pricing Analysis
5.6 Technology Trends

6. Market Segmentations
6.1 Global Automotive Electric Actuators Market, By Product Type
6.1.1 Market Overview, Size and Forecast
6.1.2 Linear Electric Actuator
6.1.3 Rotary Electric Actuator

6.3 Global Automotive Electric Actuators Market, By Application Type
6.3.1 Market Overview, Size and Forecast
6.3.2 Engine
6.3.3 Body & Exterior
6.3.4 Interior

6.4 Global Automotive Electric Actuators Market, By Vehicle Type
6.4.1 Market Overview, Size and Forecast
6.4.2 Passenger Vehicle
6.4.3 Commercial Vehicle
6.4.4 Others

6.5 Global Automotive Electric Actuators Market, By Sales Channel Type
6.5.1 Market Overview, Size and Forecast
6.5.2 OEM
6.5.3 Aftermarket

7. Region Analysis of the Global Automotive Electric Actuators Market
7.1 Americas
7.1.1 Brazil
7.1.2 Canada
7.1.3 Mexico
7.1.4 US
7.1.5 Others
7.2 Europe
7.2.1 France
7.2.2 Germany
7.2.3 Italy
7.2.4 Russia
7.2.5 United Kingdom
7.2.6 Others
7.3 Middle East & Africa
7.3.1 Israel
7.3.2 Nigeria
7.3.3 Saudi Arabia
7.3.4 South Africa
7.3.5 UAE
7.3.6 Others
7.4 Asia
7.4.1 Australia – New Zealand
7.4.2 China
7.4.3 India
7.4.4 Japan
7.4.5 South Korea
7.4.6 Others

8. Market Success Strategies
8.1 Best Marketing Practices
8.2 Market Entry Strategies

9. Competitive Analysis
9.1 Aptiv PLC
9.2 BorgWarner Inc.
9.3 Continental AG
9.4 CTS Corporation
9.5 Denso Corporation
9.6 Hanon Systems
9.7 Hella GmbH & Co.
9.8 Hitachi Ltd.
9.9 Johnson Electric
9.10 MAHLE GmbH
9.11 Mitsubishi Corporation
9.12 Nidec Motors & Actuators
9.13 Hella GmbH
9.14 Robert Bosch GmbH
9.15 Sanhua
9.16 Valeo
9.17 WABCO

10. Case Studies
10.1 Analysis of Successful Companies
10.2 Lessons from Market Failures

11. Appendix
11.1 Research Methodology
11.2 Assumptions for the Report
11.3 List of Abbreviations 

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