Automotive Actuator Market

Automotive Actuator Market Outlook (2024 to 2034)

Revenue from the global automotive actuator market is estimated to reach US$ 22.45 billion in 2024. The market has been analyzed to climb to a value of US$ 42.53 billion by the end of 2034, expanding at a CAGR of 6.6% over the next ten years.

Automotive actuators play an important role in actuating applications in brakes and steering systems, as well as seat adjustment and headlight positioning mechanisms. They are used to convert electric signals into the necessary rotary and linear motion to produce physical movement.

Key Market Growth Drivers

• Automotive actuator sales are on a steady rise globally, driven by the growing production of both passenger and commercial vehicles.
• Increasing sales of electric and hybrid vehicles have pushed the demand for actuators. These components are crucial in electric powertrains to control functions such as throttle response, braking systems, and HVAC operations.
• High adoption of ADAS technologies, including adaptive cruise control, lane-keeping assistance, and automated parking systems, has necessitated precise control over steering, braking, and acceleration, thereby boosting the demand for actuators.
• As vehicle autonomy advances, there is a projected increase in the demand for actuators, driving growth in the market.
• Automakers are increasingly integrating technologies like variable valve timing systems and turbochargers to meet stringent global emission standards and fuel efficiency regulations, relying heavily on actuators for optimal performance.
• Consumer preference for vehicles equipped with features such as power seats, automated tailgates, and adjustable mirrors is growing. Actuators enable these features, enhancing overall driving comfort and customer satisfaction.
• Expansion of automotive manufacturing in developing nations, coupled with rising global vehicle sales, is fueling demand for actuators across various vehicle segments, including passenger cars and commercial vehicles.
• Increasing integration of electronics and automation in vehicles is contributing to the expansion of the automotive actuator market size. Advancements in technology are expected to see various actuators deployed on autonomous vehicles to enhance safety and comfort.

Report Attribute	Detail
Automotive Actuator Market Size (2024E)	US$ 22.45 Billion
Projected Market Value (2034F)	US$ 42.53 Billion
Global Market Growth Rate (2024 to 2034)	6.6% CAGR
East Asia Market Growth Rate (2024 to 2034)	7.6% CAGR
North America Market Growth Rate (2024 to 2034)	6.1% CAGR
Passenger Car Segment Value (2024E)	US$ 14.66 Billion
Brake Actuator Segment Value (2024E)	US$ 4.24 Billion
Key Companies Profiled	Delphi Automotive; Mitsubishi Corporation; Denso Corporation; Robert Bosch GmbH; Continental AG; BorgWarner Inc.; CTS Corporation; Delphi Technologies Pl; HELLA KGaA Hueck & Co; Hitachi, Ltd; Johnson Electric Holdings Limited; Magna International, Inc.; Magneti Marelli S.p.A.; Mahle GmbH; Actus Manufacturing, Inc.; Thermotion LLC; Marelli.

Why is Importance of Automotive Actuators at an All Time High?

“Surge in Automobile Production and Increasing Integration of Automation in Vehicles”

Automotive actuators play a key role in applications such as braking and steering systems, as well as in-seat adjustments and headlight positioning mechanisms. They convert electrical signals into necessary rotary and linear motions to achieve specific physical movements. Increasing integration of electronics and automation in vehicles is a key factor driving global automotive actuator market growth.

Advancements in technology are expected to see various actuators installed on autonomous vehicles, aiming to enhance both comfort and safety. Sales of automotive actuators continue to rise in tandem with the ongoing growth in automobile sales and production worldwide, encompassing both passenger and commercial vehicles. Software programs, actuators, and sensors are recognized as foundational elements in current automotive systems and are contributing to automotive actuator market trends.

What Should Manufacturers of Automotive Actuators Look At?

“R&D Efforts to Improve Efficiency and Performance Necessitating Significant Investments”

Actuators need to operate reliably and efficiently in diverse environments, including extreme temperatures, vibrations, and contamination. Long-term durability and reliability are critical to avoiding failures that can compromise the performance or safety of vehicles.

Actuators need to keep up with advancements such as electrification, connectivity, and automation. This necessitates ongoing research and development efforts to improve performance, efficiency, and functionality and high investments. This is impeding automotive actuator market growth. The environmental impact of automotive components, including actuators, is receiving more attention. Materials selection, energy efficiency, and recyclability need to be considered by manufacturers when designing products.

Country-wise Insights

North America is expected to hold 18.5% of the global market share in 2024. Meanwhile, East Asia is poised to hold a share of 30.7% in 2024. In response to rising vehicular emissions and increased demand for environmentally friendly vehicles, the Indian government has imposed stringent regulations. This initiative is expected to fuel market growth during the forecast period. As a result, many car manufacturers are investing in India through a variety of schemes.

What are the Opportunities for Automotive Actuator Manufacturers in the United States?

“Rising Demand for Vehicles with Innovative Features and Focus on R&D”

Attribute	United States
Market Value (2024E)	US$ 2.82 Billion
Growth Rate (2024 to 2034)	6.2% CAGR
Projected Value (2034F)	US$ 5.14 Billion

The United States is estimated to account for an automotive actuator market share of 68% in North America in 2024 due to the increasing focus of international firms in the country on mergers, acquisitions, collaborations, and partnerships with start-up companies to co-develop technologically advanced electromagnetic actuators is driving market growth. Furthermore, the increased demand for vehicles with innovative features, as well as the increasing number of autonomous vehicle testing procedures in this country, are expected to boost automotive actuator sales.

Why is China a Hub for Automotive Actuator Production?

“Capability of Manufacturing Electronic Components in Large Volumes”

Attribute	China
Market Value (2024E)	US$ 4.67 Billion
Growth Rate (2024 to 2034)	7.1% CAGR
Projected Value (2034F)	US$ 9.28 Billion

China is expected to rule over the East Asia-based automotive actuator market with a major revenue share of 67.8% in 2024. China is considered one of the largest vehicle producers, which is projected to be a dynamic factor in increasing product sales in East Asia. The country has the potential to manufacture several automotive-based electronic components in large volumes at a lower price due to the ease in availability of raw materials and technological advancement, which offers a competitive edge over other economies.

Category-wise Insights

The global automotive actuator market is categorized into product types, which are further categorized into wastegate actuators, VGT actuators, throttle actuators, brake actuators and EGR actuators, power seat actuators, grille shutter, HVAC actuators, and headlamp actuators. In terms of vehicle category, the market is further divided into passenger cars and commercial vehicles, of which the former is set to hold a market share of 65.3% in 2024.

Why is There Extensive Adoption of Throttle Actuators?

“Throttle Actuators Improving Fuel Efficiency by Optimizing Engine Operation”

Attribute	Throttle Actuators
Segment Value (2024E)	US$ 3.21 Billion
Growth Rate (2024 to 2034)	6.1% CAGR
Projected Value (2034F)	US$ 5.81 Billion

The throttle actuator is an important component in modern vehicle engine management systems. It regulates the amount of air that enters the engine, thereby affecting engine power and torque output. This functionality is required to achieve peak engine performance, fuel efficiency, and emissions control. Throttle actuators are linked to sophisticated engine management systems that optimize fuel-air mixture ratios and throttle response based on operating conditions (e.g., speed, load, and temperature).

This integration is enhancing the efficiency and performance of the engine. Throttle actuators play an important role in increasing fuel efficiency by optimizing engine operation and reducing unnecessary consumption. They also help reduce emissions by maintaining precise control over combustion parameters and minimizing pollutants.

Why is the Passenger Car Segment Key for Actuator Manufacturers?

“High Demand for Fuel-efficient Personal Vehicles”

Attribute	Passenger Cars
Segment Value (2024E)	US$ 14.66 Billion
Growth Rate (2024 to 2034)	6.3% CAGR
Projected Value (2034F)	US$ 26.92 Billion

Demand for fuel-efficient vehicles is increasing, driven further by rising oil and energy prices, which act as catalysts for the market. The passenger car segment is projected to maintain a steady growth trajectory from 2024 to 2034, supported by these factors.

Competitive Landscape

To increase the adoption across the lucrative areas, key players in the automotive actuator industry are using a combination of organic & inorganic methodologies, in addition to partnerships and collaborations with prominent end-use verticals such as automotive manufacturers.

• Marelli, in September 2023, introduced a new line of multipurpose smart actuators aimed at electric vehicles, designed to simplify the actuation of complex vehicle features. As future cars are expected to have more than 100 actuators with various purposes, this solution will assist carmakers in reducing complexity and simplifying integration in vehicles' mechanical and electronic environments.
• In 2022, Continental AG entered into a partnership with Arkamys to improve the audio solutions in vehicles where the continental sound type of automotive actuators was installed in a demo vehicle firstly fortified with conventional commodity speakers.

Fact.MR provides detailed information about the price points of prominent manufacturers of automotive actuators positioned across the world, sales growth, production capacity, and technological advancements, in this recently updated market report.

Segmentation of Automotive Actuator Market Research

• By Product :

  • Wastegate Actuators
  • VGT Actuators
  • Throttle Actuators
  • Brake Actuators
  • EGR Actuators
  • Power Seat Actuators
  • Grille Shutters
  • HVAC Actuators
  • Headlamp Actuators

• By Vehicle :

  • Passenger Cars
  • Commercial Vehicles
  • Heavy Commercial Vehicles

• By Working :

  • Pneumatic
  • Hydraulic
  • Electromagnetic
  • Gear Motors or Electric

• By Sales Channel :

  • OEMs
  • Aftermarket

• By Region :

  • North America
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Western Europe
  • Eastern Europe
  • Middle East & Africa