Automotive Actuator Market Forecast and Competitive Analysis
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  • Automotive Actuator Market Forecast and Competitive Analysis

     



    (Transportation-News.com, January 25, 2019 ) A recent Fact.MR study foretells the automotive actuators market to record an expansion at 6.8% CAGR over the forecast period (2018-2028). Automotive actuators continues to witness increased traction in air conditioning system application. However, innovations in HVAC system for better efficiency will gain impressive growth in some of the regions.

    Automotive Actuators Market- Safety Hungry Consumers

    Developments in automotive actuators market is fueled by the growing safety preference of consumers. Adoption of new technologies to make actuator functioning accurate and efficient happens to be a trend in the market.

    In developed regions, such as Western Europe and North America, increased demand for automobiles, the government and ruling authority have imposed stringent regulations to ensure the safety of the driver. Increasing demand for safety sensors, such as seat belt tension, impact sensors, anti-theft, parking sensors, etc. is creating significant opportunities for the manufacturers, contributing significantly to the growth of both automotive sensors and actuators market.

    Currently, car security systems are being promoted in many countries across the globe. Use of basic security systems such as immobilizers have been made mandatory across geographies such as Australia. This has been done primarily to decrease instances of vehicle theft. Implementation of such regulations will increase the demand for vehicle security systems and thus, automotive actuators.

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    Automotive Actuators Market- Development of Electric Technologies to Enhance Deployment of Automotive Actuators

    Every OEM is embracing the opportunity of development of electric technology for their vehicles. Problems associated with mechanical-based actuation of any system within a vehicle, such as weight, process lag and higher consumption of power, has pushed automakers to shift towards electric assisted technologies. Simple features, such as power windows, automatic lighting and automatic closure, which were deemed too luxurious to be fitted in a vehicle in the past and have become default installation in the present scenario. Though mechanical actuation utilizes physical linkages to initiate motion, electric assisted technologies call for the implementation of various sensors, benefitting its growth in the market over the long run. In an effort to gain an edge over competitors in terms of customer base, automakers are trying to equip their products with more electric assisted features, further augmenting demand for robust and reliable actuators.

    Automated window regulators are an example of electric assisted technologies. Automated window regulators are a very important part of a vehicle’s interior from a customer’s viewpoint. The convenience over manually cranked window has made automated window regulators almost a part of every new passenger car. The ultra-competitive automotive industry has prompted vehicle manufacturers to automate most of its basic features in an effort to gain market share and hence, improve its revenue. The trend of offering manual and automated features as an option is becoming increasingly popular in the current automotive scene and has been providing more flexibility to the customers.

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    Automotive Actuators Market-Rise of Connected Systems

    The world is moving towards connected systems and OEMs are catching up as well. The number of advanced technologies integrated within a car has risen to a great extent in the past couple of years. Internet of Things (IoT) is one such technological offering that has found its ways into the automotive industry, opening up possibilities of connecting the vehicle with other vehicle or its own manufacturer via internet. With the aid of sensors housed within a car, data generation and its transfer has enabled in developing new avenues for safety, convenience and security. In the current market scenario, around 20 million new cars are connected in real time to the internet which may jump with a very positive growth rate in the future. At present, General Motors, Audi among other well-known manufacturers are introducing hotspot services and over-the-air car updates to avoid car glitches and recalls owing to advancements witnessed in the sensing technology.

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    Table of COntent COvered in the report are:

    Chapter 1 Global Economic Outlook

    Chapter 2 Global Automotive Actuators Market - Executive Summary
    2.1 Opportunities Analysis
    2.2 Mega Trends
    2.3 Winning and Losing Components
    Chapter 3 Global Automotive Actuators Market Overview
    3.1 Introduction
    3.1.1 Global Automotive Actuators Market Taxonomy/Scope of the Report
    3.1.2 Global Automotive Actuators Market Definition
    3.2 Global Automotive Actuators Market Size (US$ Mn & Volume ‘000 Units) and Forecast, 2013-2027
    3.2.1 Global Automotive Actuators Market Y-o-Y Growth
    3.3 Global Automotive Actuators Market Dynamics
    3.4 Supply Chain
    3.5 Regional Assessment and Product Acceptability
    3.6 PESTL Analysis
    3.7 Porter’s Five Forces Analysis
    3.8 Forecast Factors
    3.9 Forecast Scenario (US$ Mn)
    3.10 Investment Feasibility Matrix

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    3.11 Key Participants Market Presence (Intensity Map) By Region
    Chapter 4 Global Automotive Actuators Market Analysis and Forecast 2013-2027
    4.1 Global Automotive Actuators Market Size and Forecast By Product Type, 2013-2027
    4.1.1 Wastegate Actuator Market Size and Forecast, 2013-2027
    4.1.1.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.1.1.2 Market Share Comparison, By Region
    4.1.1.3 Y-o-Y growth Comparison, By Region
    4.1.2 VGT Actuator Market Size and Forecast, 2013-2027
    4.1.2.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.1.2.2 Market Share Comparison, By Region
    4.1.2.3 Y-o-Y growth Comparison, By Region
    4.1.3 Throttle Actuator Market Size and Forecast, 2013-2027
    4.1.3.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.1.3.2 Market Share Comparison, By Region
    4.1.3.3 Y-o-Y growth Comparison, By Region
    4.1.4 Brake Actuator Market Size and Forecast, 2013-2027
    4.1.4.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.1.4.2 Market Share Comparison, By Region
    4.1.4.3 Y-o-Y growth Comparison, By Region
    4.1.5 EGR Actuator Market Size and Forecast, 2013-2027
    4.1.5.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.1.5.2 Market Share Comparison, By Region
    4.1.5.3 Y-o-Y growth Comparison, By Region
    4.1.6 Power Seat Actuator Market Size and Forecast, 2013-2027
    4.1.6.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.1.6.2 Market Share Comparison, By Region
    4.1.6.3 Y-o-Y growth Comparison, By Region
    4.1.7 Grille Shutter Actuator Market Size and Forecast, 2013-2027
    4.1.7.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.1.7.2 Market Share Comparison, By Region
    4.1.7.3 Y-o-Y growth Comparison, By Region
    4.1.8 HVAC Actuator Market Size and Forecast, 2013-2027
    4.1.8.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.1.8.2 Market Share Comparison, By Region
    4.1.8.3 Y-o-Y growth Comparison, By Region
    4.1.9 Headlamp Actuator Market Size and Forecast, 2013-2027
    4.1.9.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.1.9.2 Market Share Comparison, By Region
    4.1.9.3 Y-o-Y growth Comparison, By Region
    4.1.10 Others (Quick Attach, Hood Lift etc.) Market Size and Forecast, 2013-2027
    4.1.10.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.1.10.2 Market Share Comparison, By Region
    4.1.10.3 Y-o-Y growth Comparison, By Region
    4.2 Global Automotive Actuators Market Size and Forecast By Vehicle Type, 2013-2027
    4.2.1 Passenger Vehicle Market Size and Forecast, 2013-2027
    4.2.1.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.2.1.2 Market Share Comparison, By Region
    4.2.1.3 Y-o-Y growth Comparison, By Region
    4.2.2 Commercial vehicles Market Size and Forecast, 2013-2027
    4.2.2.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.2.2.2 Market Share Comparison, By Region
    4.2.2.3 Y-o-Y growth Comparison, By Region
    4.2.3 Heavy Commercial Vehicles Market Size and Forecast, 2013-2027
    4.2.3.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.2.3.2 Market Share Comparison, By Region
    4.2.3.3 Y-o-Y growth Comparison, By Region
    4.3 Global Automotive Actuators Market Size and Forecast By Sales Channel, 2013-2027
    4.3.1 OEM Market Size and Forecast, 2013-2027
    4.3.1.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.3.1.2 Market Share Comparison, By Region
    4.3.1.3 Y-o-Y growth Comparison, By Region
    4.3.2 Aftermarket Market Size and Forecast, 2013-2027
    4.3.2.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.3.2.2 Market Share Comparison, By Region
    4.3.2.3 Y-o-Y growth Comparison, By Region
    4.4 Global Automotive Actuators Market Size and Forecast By Working Type, 2013-2027
    4.4.1 Pneumatic Market Size and Forecast, 2013-2027
    4.4.1.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.4.1.2 Market Share Comparison, By Region
    4.4.1.3 Y-o-Y growth Comparison, By Region
    4.4.2 Hydraulic Market Size and Forecast, 2013-2027
    4.4.2.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.4.2.2 Market Share Comparison, By Region
    4.4.2.3 Y-o-Y growth Comparison, By Region
    4.4.3 Electromagnetic Market Size and Forecast, 2013-2027
    4.4.3.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.4.3.2 Market Share Comparison, By Region
    4.4.3.3 Y-o-Y growth Comparison, By Region
    4.4.4 Gear motors or electric Market Size and Forecast, 2013-2027
    4.4.4.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.4.4.2 Market Share Comparison, By Region
    4.4.4.3 Y-o-Y growth Comparison, By Region
    4.5 Global Automotive Actuators Market Size and Forecast By Application, 2013-2027
    4.5.1 Vehicle Interior Market Size and Forecast, 2013-2027
    4.5.1.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.5.1.2 Market Share Comparison, By Region
    4.5.2 Body Panel Market Size and Forecast, 2013-2027
    4.5.2.1 Revenue (US$ Mn) & Volume (‘000 Units) Comparison, By Region
    4.5.2.2 Market Share Comparison, By Region

    And COntinue...

    Fact.MR

    James Hilton

    +353-1-6111-593

    info@factmr.com

    Source: EmailWire.Com

    Source: EmailWire.com

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