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Global Automotive Electric Actuators Market Growth 2019-2024
SKU ID : LPI-13842165 | Publishing Date : 07-Feb-2019 | No. of pages : 134
An actuator is a component of a machine that is responsible for moving or controlling a mechanism or system.
The global production of Automotive Electric Actuators is about 82 M Unit in 2016, Europe is the largest production region in 2016, the second largest production region is North America, in short, the Automotive Electric Actuators is mainly produced in developed countries;
The global consumption of Automotive Electric Actuators is about 82 M Unit in 2016; Europe is still the largest consumption region in 2016, the consumption volume is about 30 M Unit; North America is also the second largest consumption region in 2016, the consumption volume is about 23.5 M Unit, the market share is about 29%;
The average price of Automotive Electric Actuators is about 26 USD per Unit in 2016, the average gross margin is about 23.5%, the price shows down trend and the gross margin has the similar trend;
In the future, with the development of technology and improvement of economic level, and the stable demand in fuel cell industry, the Automotive Electric Actuators will have great increase range; the developing countries will be high growth rate market.
Key manufacturers in these regions are Bosch, Denso, Delphi, Magna, Continental, Valeo, Magneti Marelli, Hitachi, Hella, Mahle. Bosch is the largest player with market share of 19% followed by Denso sharing 19% of the market. In the future, more and more companies will enter the market.
According to this study, over the next five years the Automotive Electric Actuators market will register a 11.0% CAGR in terms of revenue, the global market size will reach US$ 4400 million by 2024, from US$ 2350 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Electric Actuators business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Electric Actuators market by product type, application, key manufacturers and key regions and countries.
This study considers the Automotive Electric Actuators value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Throttle Actuator
Fuel Injection Actuator
Brake Actuator
Body
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Bosch
Denso
Delphi
Magna
Continental
Valeo
Magneti Marelli
Hitachi
Hella
Mahle
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive Electric Actuators consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Electric Actuators market by identifying its various subsegments.
Focuses on the key global Automotive Electric Actuators manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Electric Actuators with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Electric Actuators submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The global production of Automotive Electric Actuators is about 82 M Unit in 2016, Europe is the largest production region in 2016, the second largest production region is North America, in short, the Automotive Electric Actuators is mainly produced in developed countries;
The global consumption of Automotive Electric Actuators is about 82 M Unit in 2016; Europe is still the largest consumption region in 2016, the consumption volume is about 30 M Unit; North America is also the second largest consumption region in 2016, the consumption volume is about 23.5 M Unit, the market share is about 29%;
The average price of Automotive Electric Actuators is about 26 USD per Unit in 2016, the average gross margin is about 23.5%, the price shows down trend and the gross margin has the similar trend;
In the future, with the development of technology and improvement of economic level, and the stable demand in fuel cell industry, the Automotive Electric Actuators will have great increase range; the developing countries will be high growth rate market.
Key manufacturers in these regions are Bosch, Denso, Delphi, Magna, Continental, Valeo, Magneti Marelli, Hitachi, Hella, Mahle. Bosch is the largest player with market share of 19% followed by Denso sharing 19% of the market. In the future, more and more companies will enter the market.
According to this study, over the next five years the Automotive Electric Actuators market will register a 11.0% CAGR in terms of revenue, the global market size will reach US$ 4400 million by 2024, from US$ 2350 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Electric Actuators business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Electric Actuators market by product type, application, key manufacturers and key regions and countries.
This study considers the Automotive Electric Actuators value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Throttle Actuator
Fuel Injection Actuator
Brake Actuator
Body
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Bosch
Denso
Delphi
Magna
Continental
Valeo
Magneti Marelli
Hitachi
Hella
Mahle
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive Electric Actuators consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Electric Actuators market by identifying its various subsegments.
Focuses on the key global Automotive Electric Actuators manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Electric Actuators with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Electric Actuators submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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