Automotive Electric Actuators Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Automotive Electric Actuators market including various factors related to and dependent influencing the market growth.
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.
The Automotive Electric Actuators market was valued at 2350 Million US$ in 2020 and is projected to reach 5500 Million US$ by 2030, at a CAGR of 11.2% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Automotive Electric Actuators.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Automotive Electric Actuators market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Automotive Electric Actuators market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Automotive Electric Actuators market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Automotive Electric Actuators Market:
The major competitors working in the market are:
, Bosch, Denso, Delphi, Magna, Continental, Valeo, Magneti Marelli, Hitachi, Hella, Mahle
Market by Order Type
Throttle Actuator
Fuel Injection Actuator
Brake Actuator
Body
Others
Automotive Electric Actuators Data by Application
Passenger Vehicle
Commercial Vehicle
Automotive Electric Actuators Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Automotive Electric Actuators market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Automotive Electric Actuators Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Automotive Electric Actuators market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Automotive Electric Actuators market size and their forecasts
- To provide strategic profiles of the key players operating in the Automotive Electric Actuators market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Automotive Electric Actuators market
Target Audiences for Automotive Electric Actuators Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
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