Global Automotive Actuators Market to Reach USD 46.3 Billion by 2033, Stimulated by Increasing Demand for Fuel-Efficient Vehicles

December 20, 2024 | Automotive Industry

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According to the latest report by IMARC Group, titled “Automotive Actuators Market Report by Product (Brake Actuators, HVAC Actuators, Headlamp Actuators, Grill Shutter Actuators, Seat Actuators, Coolant and Refrigerant Valve Actuators, and Others), Motion (Linear, Rotatory), Vehicle Type (Passenger Vehicles, Commercial Vehicles, and Others), Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket), and Region 2025-2033,” the global automotive actuators market size reached USD 29.7 Billion in 2024. The automotive actuator is an indispensable mechanical component of electronic control systems in commercial and passenger vehicles. It moves or regulates automobile mechanisms in oscillatory, linear, or rotary directions by converting and supplying energy generated from different sources, including air, electricity, and hydraulics. Automotive actuators help activate control valves, operate power liftgates, regulate throttles for directing airflow in the climate management systems, adjust engine flywheel rotation speed and torque, and optimize the overall efficiency and performance of the vehicle. As a result, automotive actuators find extensive applications in cylinders, motors, rack and pinion arrangements, ball screws, and other components of an automobile. Apart from this, they are frequently utilized across industrial procedures to operate several essential devices, such as fluid couplings, valves, and dampers. Currently, automotive actuators are commercially available in hydraulic, electric, and pneumatic types.

Global Automotive Actuators Market Trends:

The considerable expansion of the automotive industry and continuous launches of autonomous, lightweight and heavy commercial vehicles with enhanced safety features and connectivity represent prime factors driving the market growth. Furthermore, the shifting consumer inclination towards fuel-efficient cars due to escalating environmental concerns has facilitated the uptake of electric and hydraulic automotive actuators to mitigate greenhouse gas (GHG) emissions, which is acting as another growth-inducing factor. Additionally, the rising frequency of road fatalities caused by rash or drunk driving and control loss has fueled the installation of automotive actuators in cars, which, in turn, is favoring the market growth. Moreover, the extensive product usage in advanced driver assistance systems (ADAS) and adaptive cruise control (ACC) solutions to reduce engine power and detect nearby objects is propelling the market growth. This is further influenced by the integration of the internet of things (IoT), sensors, and advanced cameras that offer enhanced monitoring and analysis. Apart from this, the widespread utilization of automotive actuators in various scientific and industrial applications, such as microfluidic motors, valves, and nanopositioning in semiconductor fabrication, is creating a positive outlook for the market. Looking forward, the market value is projected to reach USD 46.3 Billion by 2033, expanding at a CAGR of 4.81% during 2025-2033.

Market Summary:

On the basis of the product, the market is segregated into brake, HVAC, headlamp, grill shutter, seat, coolant and refrigerant valve, and other actuators.
Based on the motion, the market has been bifurcated into linear and rotatory.
On the basis of the vehicle type, the market has been categorized into passenger, commercial, and other vehicles.
Based on the sales channel, the market is bifurcated into original equipment manufacturer (OEM) and aftermarket.
On a regional basis, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others) and Middle East and Africa.
The competitive landscape of the market has also been examined, with some of the key players being BorgWarner Inc., Continental AG, CTS Corporation, DENSO Corporation, EFI Automotive, HELLA GmbH & Co. KGaA (Faurecia SE), Hitachi Ltd., Johnson Electric Holdings Limited, MAHLE GmbH, Mitsubishi Electric Corporation, Nidec Corporation, Robert Bosch GmbH, and Stoneridge Inc.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Product, Motion, Vehicle Type, Sales Channel, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	BorgWarner Inc., Continental AG, CTS Corporation, DENSO Corporation, EFI Automotive, HELLA GmbH & Co. KGaA (Faurecia SE), Hitachi Ltd., Johnson Electric Holdings Limited, MAHLE GmbH, Mitsubishi Electric Corporation, Nidec Corporation, Robert Bosch GmbH and Stoneridge Inc.
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Automotive Actuators Market to Reach USD 46.3 Billion by 2033, Stimulated by Increasing Demand for Fuel-Efficient Vehicles

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