Report Description
The South Africa Automotive Hydraulic Actuators Market was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 7.5% during 2023–2031. The growth of the market is attributed to increasing demand for safety in passenger and commercial vehicles. Moreover, growing demand for comfort, especially in passenger vehicles is driving the growth of the market.
The South Africa Automotive hydraulic actuators market has evolved from deploying mechanical applications to rapid adopting automotive solutions. Most of the hydraulic actuators are large and powerful but can be relatively expensive as initial investments.
Automotive actuators are used in seats for adjusting lumbar support systems, seat positioning, angles, and for seat track actuators. Many different automotive seat adjustment actuators are available in the market, such as geared motors for recliner adjustment, double output shaft for track drives, and linear actuators for height and tilt adjustments.
South Africa Automotive Hydraulic Actuators Market Drivers, Restraints, Trends, and Opportunities
-
Increasing technological advancements in the automotive industry has positively impacted the automotive actuators market.
-
Rising demand for fuel-efficient vehicles along with growing demand for advanced hydraulic actuator products is compelling the major manufacturers to invest in R&D activities, spurring the market growth.
-
Growing sales of SUVs and premium vehicles has resulted in the growth in the seat adjustment actuators segment.
-
The sales of heavy-duty vehicles in South Africa have rallied in recent years, driving the growth of the automotive hydraulic actuators market in the country.
-
The COVID-19 pandemic had led to the closedown of manufacturing facilities across the globe. This, in turn, had disrupted the supply chain activities. However, the market is anticipated to recover soon.
-
Increasing number of government initiatives that encourages foreign investments and expedite the manufacturing industry is expected to create lucrative opportunities during the forecast period.
Scope of South Africa Automotive Hydraulic Actuators Market Report
The report on the South Africa automotive hydraulic 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
|
South Africa Automotive Hydraulic Actuators Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
Base Year
|
2022
|
Historic Data
|
2016–2021
|
Forecast Period
|
2023 - 2031
|
Segmentation
|
Vehicle Type (Passenger Car and Commercial Vehicle), and Application (Throttle Actuator, Seat Adjustment Actuator, Brake Actuator, Closure Actuator, Others)
|
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, Denso Corporation, Mitsubishi Electric Corporation, Nidec Corporation, Hitachi Ltd, and Continental
|
South Africa Automotive Hydraulic Actuators Market Insights
Commercial vehicles segment to account a considerable market share
Based on vehicle types, the market is segregated as passenger cars and commercial vehicles. The commercial vehicles segment is anticipated to account for a considerable market share during the forecast period. For heavy-duty work, hydraulic actuators are considered to have better return on investment in terms of strength compared to electric actuators and most of the pneumatic actuators. Hydraulic actuator motors have a high horsepower-to-weight ratio. They are extremely forceful and produce a tremendous amount of power for their size. This makes them economical as well as highly efficient.
The passengers segment is anticipated to grow at a healthy rate during the forecast period. Increasing production of passenger vehicles owing to rising disposable income and growing foreign investments from automobile manufacturers is driving the segment growth.
Brake actuators segment to account a significant market share
Based on applications, the market is divided into throttle actuators, seat adjustment actuators, brake actuators, closure actuators, and others. The brake actuators segment is projected to account for a significant market share during the forecasted period owing to its increasing production of commercial and passenger vehicles in the South Africa.
Segments
Vehicle Types
- Passenger Cars
- Commercial Vehicles
Applications
- Throttle Actuators
- Seat Adjustment Actuators
- Brake Actuators
- Closure Actuators
- Others
Key Players
- Robert Bosch GmbH
- Denso Corporation
- Mitsubishi Electric Corporation
- Nidec Corporation
- Hitachi Ltd
- Continental
Competitive Landscape
The South Africa automotive hydraulic actuators market is fragmented into various international and regional players. Although to have an edge over the competitors, the major hydraulic actuators manufacturing companies are entering into joint-ventures and partnerships to launch products. Some of the major players in the market are Robert Bosch GmbH, Denso Corporation, Mitsubishi Electric Corporation, Nidec Corporation, Hitachi Ltd, and Continental.
BorgWarner announced that shareholders of Delphi Technologies approved BorgWarner’s all-stock acquisition of Delphi Technologies. A large majority of Delphi Technologies’ shareholders voted in favor of the transaction. This acquisition is expected to boost the market size of Delphi Technologies in the hydraulic actuators segment as well.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Hydraulic 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 Hydraulic 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 Hydraulic Actuators Market - Supply Chain
4.5. Global Automotive Hydraulic Actuators Market Forecast
4.5.1. Automotive Hydraulic Actuators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Hydraulic Actuators Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Automotive Hydraulic Actuators Market Absolute $ Opportunity
5. Global Automotive Hydraulic Actuators Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Automotive Hydraulic Actuators Market Size and Volume Forecast by Types
5.3.1. Passenger Cars
5.3.2.
Commercial Vehicles
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Automotive Hydraulic Actuators Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Automotive Hydraulic Actuators Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Automotive Hydraulic Actuators Demand Share Forecast, 2019-2026
7. North America Automotive Hydraulic 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
7.2. North America Automotive Hydraulic Actuators Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Automotive Hydraulic Actuators Market Size and Volume Forecast by Types
7.4.1. Passenger Cars
7.4.2.
Commercial Vehicles
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Automotive Hydraulic Actuators Demand Share Forecast, 2019-2026
8. Latin America Automotive Hydraulic 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. Latin America Average Pricing Analysis
8.2. Latin America Automotive Hydraulic Actuators Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Automotive Hydraulic Actuators Market Size and Volume Forecast by Types
8.4.1. Passenger Cars
8.4.2.
Commercial Vehicles
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Automotive Hydraulic Actuators Demand Share Forecast, 2019-2026
9. Europe Automotive Hydraulic 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. Europe Average Pricing Analysis
9.2. Europe Automotive Hydraulic Actuators Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Automotive Hydraulic Actuators Market Size and Volume Forecast by Types
9.4.1. Passenger Cars
9.4.2.
Commercial Vehicles
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Automotive Hydraulic Actuators Demand Share Forecast, 2019-2026
10. Asia Pacific Automotive Hydraulic 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. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Automotive Hydraulic Actuators Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Automotive Hydraulic Actuators Market Size and Volume Forecast by Types
10.4.1. Passenger Cars
10.4.2.
Commercial Vehicles
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Automotive Hydraulic Actuators Demand Share Forecast, 2019-2026
11. Middle East & Africa Automotive Hydraulic Actuators Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Automotive Hydraulic Actuators Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Automotive Hydraulic Actuators Market Size and Volume Forecast by Types
11.4.1. Passenger Cars
11.4.2.
Commercial Vehicles
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Automotive Hydraulic Actuators Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Automotive Hydraulic Actuators Market: Market Share Analysis
12.2. Automotive Hydraulic Actuators Distributors and Customers
12.3. Automotive Hydraulic Actuators Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Robert Bosch GmbH
12.4.2.
Denso Corporation
12.4.3.
Mitsubishi Electric Corporation
12.4.4.
Nidec Corporation
12.4.5.
Hitachi Ltd
12.4.6.
Continental