The South Africa Automotive Hydraulic Actuators Market is expected to register a CAGR of 7.5% during the forecast period, 2021-2028. 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.
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 |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021 - 2026 |
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 |
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.
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 Covered in the Report
Vehicle Types
Applications
Key Players
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.
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