The global Actuators Market for Automotive size was assessed at USD 50.08 Billion in 2023 and is projected to reach USD 142.02 Billion by the end of 2032, according to the report released by Zion Market Research. Over the projected period, the market is predicted to expand with a CAGR of 12.28%.

Actuators for Automobile Vehicles The constant flow of creative product introductions by industry players is expected to cause notable increase in market size between 2024 and 2032. These developments solve important needs in safety, efficiency, and vehicle performance.

Moreover, the development of self-driven cars multiplies the demand for automotive actuators. Globally known automakers including GM, Ford, Toyota, Daimler, and others are turning toward automated and self-driven technologies to provide simplicity and driving innovations. Self-driven automated automobiles are produced using mostly automotive actuators and sensors, so the demand for these components is predicted to increase greatly.

Brake Actuator Witnessing Significant Expansion: Throttle Actuator

Compact and lightweight EGR actuators and throttle actuators from both ICE and hybrid electric vehicles are probably more in demand as demand for low vehicle emissions rises throughout the projection period.

Mostly depending on the input of the accelerator, the throttle valve actuator controls the air flow into the engine for combustion. The need for pneumatic actuators should rise in the next years as engine management systems become more and more important for automobiles.

Thus, OEMs make significant investments to enhance the driving and passenger experience by giving their consumers the best actuators, thus expected to increase the growth of the market in the next years.

The rising air passenger traffic demands the fleet of aircraft to be expanded. Delivery of commercial aircraft has increased in response to this demand; this is projected to drive the expansion of the market.

Global Actuators Market for Automotive Application: Competitive Players

Some of the key market players operating in the global actuators market for automotive applications include:

  • APC International, Ltd.
  • Continental Ag
  • Cvel Automotive Electronics
  • Denso Corporation
  • Hella Kgaa Hueck & Co.
  • Iav Automotive Engineering
  • Magneti Marelli S.P.A.
  • Mitsubishi Electric Corporation
  • Robert Bosch GmbH
  • Valeo S.A.
  • Buehler Motor Inc.
  • CTS Corporation
  • Delphi Automotive Plc.
  • Firgelli Automations
  • Hitachi, Ltd.
  • Johnson Electric Holdings Ltd.
  • Marsh Automation
  • Nook Industries, Inc.
  • Timotion Technology Co. Ltd.

Global Actuators Market for Automotive Application: Segmentation Analysis

Based on the product type

  • VGT actuator
  • EGR actuator
  • grille shutter actuator
  • throttle actuator
  • electrical exhaust or sound flaps actuator
  • wastegate actuator
  • power seat actuator
  • intake flap actuator
  • brake actuator
  • thermo module actuator

On the basis of the vehicle type

  • light commercial vehicle
  • passenger car
  • heavy commercial vehicle

Global Actuators Market for Automotive Application: Regional Segment Analysis

  • North America U.S.
  • Europe UK France Germany
  • Asia Pacific China Japan India
  • Latin America Brazil
  • The Middle East and Africa

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