Europe Automotive Actuators Market

Europe Automotive Actuators Market by Vehicle Types (Passenger Car and Commercial Vehicles), Applications (Brake Actuator, Closure Actuator, Throttle Actuator, Seat Adjustment Actuator, and Others), Geographies (United Kingdom, Germany, France, Rest of Europe) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: AL-3746
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 1
  • No. Of Pages: 219
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The Europe automotive actuator market size is anticipated to expand at a robust CAGR during the forecast period, 2021-2028. The growth of market is attributed to rapid digitization and automation, also increasing demand for fuel efficient and comfort driven vehicles especially in the passenger segment.


Europe Automotive Actuators Market Key Takeaways

Although, the demand for the commercial as well as passenger vehicles has witnessed a major downfall since 2019, but still some oriental equipment manufacturers or OEM produces electric actuators as their primary area of focus to offer and improves passengers comfort and safety. As a reward of the effort, electric actuators have gained a lot of attention and became popular from the last few years.

Actuator is a mechanical component that converts any sort of energy in the vehicle into motion. It requires energy, which comprises of air, liquid, electricity, and transforms it into the form of movement industrial segment uses actuator to operate dampers, valves, fluid couplings, and other devices for the industries process control.

Factors such as effective and favorable government norms towards rapid adoption of fuel efficient automobiles in Europe which offer the electric actuator market to evolve from working mechanic application into fully automatic.

Electric automotive actuator is expected to witness a major surge of demand in wide range of application as the product utilizes the engine to its maximum potentiality, allowing consistency and enhances the performance, which in-turn reduces the carbon emission from the vehicles which can act as on one of the driving factors of the segment.

With the growing demand for the vehicles that consumes less fuel, and constant advancement in technology compelling the manufacturers to invest majorly in R&D activities to cater the demand of the population. Furthermore, the demand hike in luxury car segment in Europe impacts positively for the electric automotive actuator industry.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing demand for fuel efficient vehicles is expected to propel the market in the coming years.
  • Rapid growth of the industry primarily driven by rapid digitization and automation is estimated to spur the market during the forecast period.
  • Growing demand for comfort and safety in passenger car segment is anticipated to impel the market during the projected period.
  • Increasing fuel efficiency rules along with the norms to reduce the emission of CO2 from the vehicles is estimated to drive the market during the forecast period.
  • R&D and technological advancement towards electric actuator products creates lucrative opportunities for the players in the market.
  • High cost of maintenance acts as a factor that can hinder the market in the coming years.

Scope of the market

The report on the Europe automotive actuators market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Automotive Actuators Market – Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Vehicle Types (Passenger Car and Commercial Vehicles), Applications (Brake Actuator, Closure Actuator, Throttle Actuator, Seat Adjustment Actuator, and Others)

Geographical Scope

United Kingdom, Germany, France, Rest of Europe

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Robert Bosch GmbH; Continental AG; Wabco Holdings Inc.; Hella KGah Hueck & Co; Sonceboz SA.

Market segment insights

The passenger car segment is estimated to account major share of market

Based on the vehicle types, the market is segregated into passenger car and commercial vehicles. The passenger car segment is estimated to account for major share of market during the forecast period owing to the range of applications used in vehicles, since they extract power from battery, they can deliver higher torque, compact & light-weighted, user friendly making it easier to operate, and are used majorly in window lifts, seat adjustments, sunroof drives, and power tailgate drive which enhances the passenger experience which in-turn boost the segment.

The seat adjustment actuator segment is anticipated to exhibit high CAGR

On the basis of application types, the market is fragmented into brake actuator, closure actuator, throttle actuator, seat adjustment actuator, and others. The seat adjustment actuator segment is anticipated to exhibit high CAGR in the coming years due to various automotive seat adjustments are available in the market such as double output shaft for track drivers, linear actuator for height & tilt adjustment, and geared motor for recliner adjustment, accompanied by the rising demand for premium vehicles and SUV’s within the region causing the segment growth.


Europe Automotive Actuators Market By Application Types

Segments

Segments Covered in the Report
Europe automotive actuator market has been bifurcated on the basis of

Vehicle Types
  • Passenger Car
  • Commercial Vehicles
Application Types
  • Brake Actuator
  • Closure Actuator
  • Throttle Actuator
  • Seat Adjustment Actuator
  • Others
Geographies
  • United Kingdom
  • Germany
  • France
  • Rest of Europe
Key Players
  • Robert Bosch GmbH
  • Continental AG
  • Wabco Holdings Inc.
  • Hella KGah Hueck & Co
  • Sonceboz SA.

Competitive Landscape

Key players competing in the Europe automotive actuator market include Robert Bosch GmbH; Continental AG; Wabco Holdings Inc.; Hella KGah Hueck & Co; Sonceboz SA.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance

In 2019, Progress automation introduces a wide range of linear actuators model, which have a unique capabilities for possible versatile applications offering consumers to customize the chosen model for specific demand which includes, force, stroke length, voltage, dimension, and feedback control.

Europe Automotive Actuators Market By Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Actuators Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Automotive Actuators Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automotive Actuators Market - Supply Chain
  4.5. Global Automotive Actuators Market Forecast
     4.5.1. Automotive Actuators Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automotive Actuators Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automotive Actuators Market Absolute $ Opportunity
5. Global Automotive Actuators Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Automotive Actuators Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Automotive Actuators Demand Share Forecast, 2019-2026
6. North America Automotive Actuators Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Automotive Actuators Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Automotive Actuators Demand Share Forecast, 2019-2026
7. Latin America Automotive Actuators Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Automotive Actuators Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Automotive Actuators Demand Share Forecast, 2019-2026
8. Europe Automotive Actuators Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Automotive Actuators Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Automotive Actuators Demand Share Forecast, 2019-2026
9. Asia Pacific Automotive Actuators Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Automotive Actuators Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Automotive Actuators Demand Share Forecast, 2019-2026
10. Middle East & Africa Automotive Actuators Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Automotive Actuators Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Automotive Actuators Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Automotive Actuators Market: Market Share Analysis
  11.2. Automotive Actuators Distributors and Customers
  11.3. Automotive Actuators Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Robert Bosch GmbH Continental AG Wabco Holdings Inc. Hella KGah Hueck & Co Sonceboz SA.
Segments Covered in the Report
Europe automotive actuator market has been bifurcated on the basis of

Vehicle Types
  • Passenger Car
  • Commercial Vehicles
Application Types
  • Brake Actuator
  • Closure Actuator
  • Throttle Actuator
  • Seat Adjustment Actuator
  • Others
Geographies
  • United Kingdom
  • Germany
  • France
  • Rest of Europe
Key Players
  • Robert Bosch GmbH
  • Continental AG
  • Wabco Holdings Inc.
  • Hella KGah Hueck & Co
  • Sonceboz SA.

Key players competing in the Europe automotive actuator market include Robert Bosch GmbH; Continental AG; Wabco Holdings Inc.; Hella KGah Hueck & Co; Sonceboz SA.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance

In 2019, Progress automation introduces a wide range of linear actuators model, which have a unique capabilities for possible versatile applications offering consumers to customize the chosen model for specific demand which includes, force, stroke length, voltage, dimension, and feedback control.

Europe Automotive Actuators Market By Key Players

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