Global Automotive Actuators Market Size Analysis, 2018-2028
| REPORT ID: BKR712 | Domain: Automotive | Published Date: May 2018 |
Global Automotive Actuators Market Size Analysis
The Global Automotive Actuators Market Size is estimated to be valued over USD 15 billion in 2018 and will register a CAGR of 5.5% to create high revenue opportunity for industry players during the forecast period (2018-2028).
Actuators are basically control mechanism that connects the electronic unit electronic unit with the control process. Solenoids, Stepper motors, DC Motors, Piezo Actuators are some of the types of automotive actuators. These control loops helps in wide range of applications ranging from managing the power to control the door loop.
Global Automotive Actuators Market Drivers and Challenges
Global automotive actuators market is substantially consolidated with presence of large number of mid-scale players operating in contract manufacturing mode. The industry is set to grow at impressive rate owing to rise in sales of overall passenger cars worldwide. Much of the demand is expected to generate from China. As a matter of the fact, over 67% of total automotive actuators production facilities is located in China and Far East Asia. This has helped in lowering the substantial cost added to value chain.
Product feature will be key trend driving the global automotive actuators market. Manufacturers are coming up with wide range of design features to match the end-use demand in today’s disruptive world. Changing industry dynamics has helped company to come up with powerful actuators that helps in better safety mechanism.
Besides powerful features, the demand is expected to generate from electric vehicles market. Advent of electric vehicles will create all new opportunity for actuators suppliers. As per the estimates, electric vehicles industry is growing at a lucrative rate of 11%. Early entrants in the market will push to capture a major chunk of the market.
Global Automotive Actuators Market Analysis, By Type
By type, global automotive actuators market is segmented into Grille Shutter Actuators, waste gate actuators, headlamp actuators VGT actuators, HVAC actuators, brake actuators, EGR Actuators, throttle actuators, Power Seat Actuators, and others.
Waste gate actuators will account for majority of the market share. It will account for over 28% of global share by 2028.
Global Automotive Actuators Market Analysis, By Vehicle Type
The industry is analyzed across conventional vehicles and electric vehicles. Conventional vehicles is further segmented into passenger cars and commercial vehicles.
Passenger vehicles will account for 77% of global share in 2018. Furthermore, it will register impressive growth of over 8% owing to emergence of electric vehicles.
Global Automotive Actuators Market Size and Forecast: Regional Analysis
Globally, Asia Pacific will dominate the automotive actuators market sales. Asia Pacific accounted for over 39% of global share in 2017 and will gain 700 basis points to create highest revenue opportunity for industry players. Much of the growth is expected to be concentrated in South East Asia. However, Japan and South Korea – the two developed economies in the region – will gain substantial market share owing to emergence of electric vehicles.
North America and Western Europe will have stagnant growth till 2020 before witnessing upward traction. Growth in the region will be substantial. However, will be high in overall revenue opportunity. Stringent regulatory compliances has helped region to create favorable business environment in these regions.
Global Automotive Actuators Market Size and Forecast: Competition Landscape
Some of the key global Automotive Actuators market players are Mitsubishi Heavy Industries Ltd, Hitachi Ltd, Continental AG, Denso Corporation, Mahle Group, Robert Bosch GmbH, Johnson Electric Holdings Limited, Nidec Corporation, and Delphi Automotive PLC.
Automotive Actuators Market Industry Segmentation
By Technology:
- Closed Loop
- Open Loop
By Type:
- Grille Shutter Actuators,
- Waste gate actuators
- Headlamp actuators
- VGT actuators
- HVAC actuators
- Brake actuators
- EGR Actuators
- Throttle actuators
- Power Seat Actuators
- Others
By Vehicle Type:
- Passenger Vehicles
- Conventional
- Compact Vehicles
- Mid-Size Vehicles
- Luxury Vehicles
- SUVs
- Electric Vehicles
- HEV
- BEV
- PHEV
- Commercial Vehicles
- Light Duty Vehicles
- Heavy Duty Vehicles
- Electric Vehicles
- Electric Bus
- Electric Trucks
- Tractors
- Conventional
What Will You Discover in the Report?
- An in-depth analysis of the Automotive Actuators market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
- How the Automotive Actuators market sales is expected to grow throughout the forecast period.
- How geopolitical policies and technological changes will affect the Automotive Actuators market in near future
- Where the stakeholders should invest to generate higher profit margins
- How consumers (end-users) will reflect to the Automotive Actuators industry during the forecast period
- Who are the Automotive Actuators industry leaders and what are the key initiatives taken by them for long term growth
Who will benefit from the Report?
- Automotive Actuators Industry Suppliers
- Automotive Actuators Industry Manufacturers
- Consultants and Analysts
- Researchers
- Industry Specialists
Analyst access with Bekryl Market Analysts
Purchasing of Automotive Actuators market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.
Automotive Actuators Market Size TOC
- Report Structure
- Research Methodology
- Market Engineering Factors Weightage
- Market Share Methodology
- Executive Summary
- Key Findings
- Market Engineering Factors
- Industry Expert Perspectives
- Market Definitions
- The Global Automotive Actuators Market Value
- Overall Market Forecast
- Automotive Actuators Growth Outlook, By Segments
- Automotive Actuators Growth Scenario, by Region
- The Automotive Actuators Industry Ecosystem
- Parent Market Overview
- Industry Value Chain and Distribution Analysis
- Growth Factor Analysis
- Key Industry Players By Region
- The Automotive Actuators Industry Dynamics
- Drivers
- Challenges
- Opportunities
- Mega Trends
- Geographical Trends
- Industry Experts Views
- Merger Acquisition
- Regulatory Compliances, By Selected Countries
- Key Industry Developments
- The Automotive Actuators Market Pricing Analysis
- Automotive Actuators Product Pricing Forecast
- Pricing Analysis By Region
- Pricing Trends
- Global Automotive Actuators Industry Value and Forecast
- Introduction
- Industry Initiatives
- Industry Predictive Analysis
- Automotive Actuators Industry Segment Comparative Ranking Analysis
- Key Companies Involved and Initiatives
- Global Industry Opportunity Proposition Analysis
- Market Share Analysis, (%)
- Global Automotive Actuators Market Size and Forecast, (2017-2027)
- Market Value Forecast (US$ Million)
- Growth Analysis (Y-o-Y) and Forecast
- Global Automotive Actuators Industry Size and Forecast, By Segments
By Technology:
- Closed Loop
- Open Loop
By Type:
- Grille Shutter Actuators,
- Waste gate actuators
- Headlamp actuators
- VGT actuators
- HVAC actuators
- Brake actuators
- EGR Actuators
- Throttle actuators
- Power Seat Actuators
- Others
By Vehicle Type:
- Passenger Vehicles
- Conventional
- Compact Vehicles
- Mid-Size Vehicles
- Luxury Vehicles
- SUVs
- Electric Vehicles
- HEV
- BEV
- PHEV
- Commercial Vehicles
- Light Duty Vehicles
- Heavy Duty Vehicles
- Electric Vehicles
- Electric Bus
- Electric Trucks
- Tractors
- Conventional
- North America Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis
- North America Automotive Actuators Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- North America Automotive Actuators Market, By Segments (As mentioned in section 10 of TOC)
- S. Automotive Actuators Market Size and Forecast, By Segments
- Canada Automotive Actuators Market Size and Forecast, By Segments
- Latin America Automotive Actuators Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Latin America (South America) Automotive Actuators Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Latin America Automotive Actuators Market, By Segments (As mentioned in section 10 of TOC)
- Brazil Automotive Actuators Market Size and Forecast, By Segments
- Argentina
- Mexico
- Rest of Latin America
(Automotive Actuators industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Western Europe Automotive Actuators Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Western Europe Automotive Actuators Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Western Europe Automotive Actuators Market, By Segments (As mentioned in section 10 of TOC)
- Germany Automotive Actuators Market Size and Forecast, By Segments
- UK
- France
- Spain
- Italy
- NORDIC
- Switzerland
- Rest of Western Europe
(Automotive Actuators industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Central and Eastern Europe (CEE) Automotive Actuators Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Central and Eastern Europe Automotive Actuators Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Central and Eastern Europe Automotive Actuators Market, By Segments (As mentioned in section 10 of Automotive Actuators Market TOC)
- Russia Automotive Actuators Market Size and Forecast, By Segments
- Poland
- Ukraine
- Rest of CEE
(Automotive Actuators industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Asia Pacific Automotive Actuators Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Asia Pacific Countries
- Asia Pacific Automotive Actuators Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Asia Pacific Automotive Actuators Market, By Segments (As mentioned in section 10 of TOC)
- Japan Automotive Actuators Market Size and Forecast, By Segments
- China
- India
- South Korea
- Australia
- ASEAN
- Rest of Asia Pacific
(Automotive Actuators industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Middle East Automotive Actuators Market Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Middle East Countries
- Middle East Automotive Actuators Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Middle East Automotive Actuators Market, By Segments (As mentioned in section 10 of TOC)
- GCC Automotive Actuators Market Size and Forecast, By Segments
- Israel
- Rest of Middle East
(Automotive Actuators industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Africa Automotive Actuators Market Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Africa Countries
- Market Share Analysis, (%)
- Africa Automotive Actuators Industry Size and Forecast, (2017-2027)
- Africa Automotive Actuators Industry Share (%)
- Africa Automotive Actuators Industry Growth Forecast (%)
- South Africa Automotive Actuators Market Size and Forecast, By Segments
- Algeria
- Nigeria
(Automotive Actuators industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Automotive Actuators Market Competitive Landscape
- Competition Dashboard
- Funding and Investment
- Company Market Positioning
- Marketing Mix Strategies
- Product Level Strategies
- Go-to-Market Strategies
- SWOT Analysis
- Key Developments, By Companies
- Company Profiles*
- Mitsubishi Heavy Industries Ltd,
- Hitachi Ltd,
- Continental AG,
- Denso Corporation,
- Mahle Group,
- Robert Bosch GmbH,
- Johnson Electric Holdings Limited,
- Nidec Corporation,
- Delphi Automotive PLC.
- Analyst Opinion
- Summary and Conclusion
- For more Information, Bekryl can help
*(SWOT, Key Developments, and Strategies are based on individual companies)
To access the detailed Automotive Actuators industry TOC and sample research pages, download sample.
Automotive Actuators Market Report Structure
Automotive Actuators Industry Dynamics
This section enables Automotive Actuators industry stakeholders to understand the prevalent market conditions and help them prioritize their investment strategy. Factors that are favorable to Automotive Actuators market growth is equated with challenges – resulting in proper growth strategy module. Drivers and challenges provide early assessment of current Automotive Actuators industry trends and keep industry leaders abreast of latest happenings.
This section includes:
- Market Drivers
- Market Challenges
- Automotive Actuators Industry Trends
- Automotive Actuators Value Chain Analysis
- Marketing Opportunities
- Regulatory Aspects
- Automotive Actuators Industry Experts Market Opinion
Industry Analysis, By Segments
Industry stakeholders receive detailed analysis of the Automotive Actuators industry trends. Anticipate key market trends across market analysis segments with Bekryl Market Analysts model.
Each segment has research framework, essential to understand the market scenario in near future.
Each segment includes:
- Market Size and Forecast
- Annual Growth Rate Analysis (AGR)
- Key Trends, By segments
- Key Industry Developments
- Investment Proposition Analysis
- Potential Addressable Market Analysis
- Growth Factor, By Segment Analysis
This section helps in understanding the overall demand across end-users. As such, the industry stakeholders are able to minimize the operational cost and take better strategic decisions.
Competition Landscape
Keep abreast of key strategies of industry leaders and regional Automotive Actuators industry players. Company profiles allow industry stakeholders to competitor’s strategic decision and understand how these affect their own business.
This section include:
- Competition dashboard
- SWOT Analysis by Companies
- Go-to-market sales strategy
- Financial performances subject to listed companies
- Market Share Analysis
- Analyst Recommendation
Regional Market Analysis
Regional analysis help industry leaders to better understand the dynamics of their current market and determine which regional market their company should target to strengthen their market presence globally. The Automotive Actuators market report offers industry scenario in 24+ countries. Regional section focus on economic context, regulatory framework, supply demand balance trends and key regional companies engaged in the market.
This section include:
- Market Size by Country and Region
- Market Opportunity, By Country and Region
- Regional Trends
- Growth Analysis and Forecast
Country Profiles
Country profiles help industry leaders to better analyze the market at root level – thereby framing strategies that could add value to the overall organization. This section contains information pertaining to key developments and research framework mapping the potential attractive end-users. Factors are equated with macroeconomic conditions to help leaders minimize operational risks if any
North America Automotive Actuators Market Size
- S.
- Canada
Latin America Automotive Actuators Market Size
- Brazil
- Mexico
- Argentina
- Rest of Latin America
(*Automotive Actuators Market value analyzed across each Latin America country)
Western Europe Automotive Actuators Market Size
- Germany
- UK
- France
- Switzerland
- Spain
- Italy
- NORDIC
- Rest of Western Europe
(*Automotive Actuators Market value analyzed across each Western Europe country)
Central and Eastern Europe Automotive Actuators Industry Analysis
- Russia
- Poland Meat
- Ukraine Meat
- Rest of Eastern Europe
(*Automotive Actuators Market value analyzed across each Central and Eastern Europe country)
Asia Pacific Automotive Actuators Industry Size
- China
- India
- Japan
- Australia
- South Korea
- ASEAN Meat
- Rest of Asia Pacific
(*Automotive Actuators Market value analyzed across each Asia Pacific country)
Middle East Automotive Actuators Industry Size
- GCC
- Israel
- Rest of Middle East
(*Automotive Actuators Market value analyzed across each Middle East country)
Africa Automotive Actuators Industry Size
- South Africa
- Algeria
- Nigeria
- Rest of Africa
Automotive Actuators Market Research Methodology
Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.
Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.
Automotive Actuators Market Growth Forecasting Methodology
In order to prepare historical data and analyze Automotive Actuators market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Automotive Actuators market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.
- Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
- The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.
With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Automotive Actuators market revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.
The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries. Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Automotive Actuators industry growth is nearly 3.5X to 5.5X higher than the relative GDP.
Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.
- Base Factors Growth Analysis
- Price Variation Analysis
- Potential Consumer Mapping
Automotive Actuators Industry Players: Competition Landscape Methodology
Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.
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