Electric Vehicle Actuator Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Hydraulic Actuator, Electric Actuator, and Pneumatic Actuator), Application (HVAC, Headlights, Brakes, Grill Shutter, Mirrors, Hood, Trunk, and Others), and Vehicle Type [Battery Electric Vehicle (BEV), Plug-in Hybrid Vehicle (PHEV), Hybrid Electric Vehicle (HEV), and Fuel Cell Electric Vehicle (FCEV)]

Publication Month: Apr 2021 | Report Code: TIPRE00021435 | No. of Pages: 181 | Category: Electronics and Semiconductor | Status: Published

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The electric vehicle actuator market was valued at US$ 585.61 million in 2020 and is projected to reach US$ 1,164.71 million by 2028; it is expected to grow at a CAGR of 8.5% from 2021 to 2028.

 

An actuator is a component of a device responsible for controlling a mechanism. Actuators are used in rock & pinion arrangements, ball screws, motors, cylinders, and other components. Electrical actuators are increasingly replacing hydraulic and pneumatic actuators because they are more efficient and controllable. The electric vehicle actuator market has grown because of increased investments, particularly in the European region. Furthermore, increased government regulations for reducing vehicle emissions have increased the demand for fuel-efficient vehicles, which would provide growth opportunities for the market. The demand for electric vehicles with advanced features and connectivity is growing in tandem with automation and digitalization in the automotive industry. However, high capital cost of electric vehicles or risk of component failure could stymie the growth of the electric vehicle actuator market during the forecast period (2021 to 2028). With the advent of Industry 4.0 and Internet of Things (IoT), these technologies are becoming progressively mainstream across the automotive sector. The escalating adoption of electric vehicles (EVs) is fueling the adoption and integration of IoT. However, the data integration issues for collaborative and connected vehicle applications are creating a challenge for companies present in the automotive electric actuator market. Further, the automotive electric actuator market is highly competitive with the presence of leading players that account for a significant market stake. These market players are further supporting the integration of IoT in EVs. Hence, IoT integration is becoming increasingly prominent across internal networks and intra-vehicle connectivity, to share data precisely among actuators, electronic control units (ECUs), and sensors. Therefore, the lack of EV data sources and charging station networks across the developing countries represents a barrier to the market's growth.

 

APAC dominated the electric vehicle actuator market in 2020, Factors such as extensive adoption of premium cars, sedans, and SUVs among the APAC population contribute significantly to the region’s major market share. Further, General Motors Holden, Toyota Motor Corporation Australia Limited, Ford Motor Company of Australia Limited, Mitsubishi Motors Australia Ltd. (MMAL), Isuzu Australia Limited, Hyundai Commercial Vehicles Australia, and Volkswagen Group Australia Pty Ltd. are among the well-known manufacturers of commercial vehicles in the country. All these manufacturers are demanding the integration of electric vehicle actuators in the cars to meet the emerging requirements from the customers. Moreover, escalating automotive manufacturing operations, rising demand for electric vehicles, and growing focus of the electric vehicle actuators manufacturers toward offering low-cost and high-efficiency products is expected to drive the electric vehicle actuators market in the Rest of APAC countries during the forecast period.

 

Impact of COVID-19 Pandemic on Electric Vehicle Actuator Market

The COVID-19 outbreak has severely disrupted the supply chain and manufacturing of electronics equipment, including the hardware component of electric vehicle actuators. The emergence of COVID-19 virus across the globe, followed by lockdown scenarios, has led the industry experts to analyze that the industry would face at least a quarter of lag in electronics equipment supply chain. This disruption is expected to create tremors through till mid-2021. The electronics equipment and automotive industry is likely to pick up pace soon after the governments across the globe lift the various containment measures steadily in order to revive the economy. The production of the electronics equipment and automotive is anticipated to gain pace from 2021 which is further foreseen to positively influence the electronics equipment and automotive manufacturing, including hardware components of electric vehicle actuators.

 

Lucrative Regions for Electric Vehicle Actuator Market

Lucrative Regions for Electric Vehicle Actuator Market

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Market Insights

Escalating Adoption of Fuel-Efficient Vehicles

Increasing demand for electronically advanced systems in vehicles is one of the major drivers for the market. Moreover, rising production of vehicles and growing preference for smooth driving experience and high comfort are boosting the demand for different types of actuators. Currently, most of the light-duty vehicles are well equipped with mechanical or electric actuators. Their diesel engines consume 10–20% less fuel as they have more efficient engine operations, whereas hybrid vehicles powered with gasoline have lower fuel consumption. The hybrid vehicle engine operates to its peak efficiency as well as accommodates an amount of energy from regenerative braking, which is triggered with the help of actuators. Electric vehicles (EVs) have the lowest energy consumption as they operate through battery that uses electric motors with intrinsically higher efficiency compared to internal combustion engines. Several manufacturers worldwide are focusing on ensuring the EU fleet regulations to limit with the average CO2 emissions per km by 2030, as penalties would be issued for noncompliance. The selling of EVs offers the original equipment manufacturers (OEMs) the opportunity to meet their targets with extra credits and make compliance easier by reducing the limit’s stringency up to 5%.

 

Type-Based Market Insights

Based on type, the global electric vehicle actuator market is segmented into hydraulic actuator, electric actuator, and pneumatic actuator. The hydraulic actuators produce the movement from the displacement of fluids through the valves of a variable suspension system.

 

Electric Vehicle Actuator Market, by Type – 2020 and 2028

Electric Vehicle Actuator Market, by Type – 2020 and 2028

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Application-Based Market Insights

Based on application, the electric vehicle actuator market is segmented into HVAC, headlights, brakes, grill shutter, mirrors, hood, trunk, and others. Linear actuators are most widely employed when a part of a vehicle requires to be lowered, lifted, opened, or closed. To enhance pedestrian safety, the integration of actuators in the vehicle is increasing.

 

Vehicle Type-Based Market Insights

Based on vehicle type, the electric vehicle actuator market is segmented into battery electric vehicle (BEV), plug-in hybrid vehicle (PHEV), hybrid electric vehicle (HEV), and fuel cell electric vehicle (FCEV). A hybrid electric vehicle (HEV) is a complex system that integrates electronic, chemical, mechanical, and thermodynamic technologies. When an HEV is in movement, control and data are transformed by various flows. Moreover, in HEVs, a hybrid drive motor is positioned between the engine and the automatic transmission, engaging in power transmission. In other words, the motor's power and the power of the driving engine generate power together, which is transmitted to the wheels. In parallel hybrids, the electric engine and internal combustion engine (ICE) are both associated with mechanical transmission.

 

Strategic Insights

Product development is the commonly adopted strategy by companies to expand their product portfolio. Hella GMBH, Summer Infant, Vitesco Technologies, BorgWarner, and Bosch are among the key players implementing strategies to enlarge the customer base and gain significant share in the global electric vehicle actuator market, which, in turn, permits them to maintain their brand name. A few of the recent key developments are:

  • In February 2021, Vitesco Technologies is manufacturing electrical catalyst heating for high-voltage hybrid vehicles.
  • In November 2020, Bosch launched an Electronic airbag control unit for cars. The bag gets fully inflated within 30 milliseconds and can protect the driver and passengers.

 

Electric Vehicle Actuator Market Segmentation:


By Type

  • Hydraulic Actuator
  • Electric Actuator
  • Pneumatic Actuator


By Application

  • HVAC
  • Headlights
  • Brakes
  • Grill Shutter
  • Mirrors
  • Hood
  • Trunk
  • Others

 

By Vehicle Type

  • Battery Electric Vehicle (BEV),
  • Plug-in Hybrid Vehicle (PHEV)
  • Hybrid Electric Vehicle (HEV)
  • Fuel Cell Electric Vehicle (FCEV))

 

Company Profiles

  • Robert Bosch GMBH
  • Continental AG
  • HELLA GMBH AND CO. KGAA
  • Johnson Electric
  • Stoneridge Inc
  • Hitachi Automotive Systems, LTD.
  • Borgwarner INC.
  • Mahle GMBH
  • Mitsubishi Electric Corporation
  • Nidec Corporation

1.            Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.            Key Takeaways

3.            Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.            Electric Vehicle Actuator Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America

4.2.2        Europe

4.2.3        APAC

4.2.4        MEA

4.2.5        SAM

4.3       Ecosystem Analysis

4.4       Expert Opinions

5.            Electric Vehicle Actuator Market – Key Industry Dynamics

5.1       Market Drivers

5.1.1        Escalating Adoption of Fuel-Efficient Vehicles

5.1.2        Increasing Demand for Advanced Automation Systems in the Vehicle

5.2       Market Restraints

5.2.1        Soaring Scalability Issues and Capital Costs

5.3       Market Opportunities

5.3.1        Switchable Electrochromic and Glazing Sunroof

5.4       Future Trends

5.4.1        Growing Investments to Acquire Intra-Vehicle Connectivity Data

5.5       Impact Analysis of Drivers and Restraints

6.            Electric Vehicle Actuator Market – Global Market Analysis

6.1       Electric Vehicle Actuator Market Overview

6.2       Electric Vehicle Actuator Market Forecast and Analysis

6.3       Market Positioning – Global Key Players

7.            Electric Vehicle Actuator Market Revenue and Forecast to 2028 – Type

7.1       Overview

7.2       Electric Vehicle Actuator Market Breakdown, By Vehicle Type, 2020 and 2028

7.3       Hydraulic Actuator

7.3.1        Overview

7.3.2        Hydraulic Actuator Market Forecast and Analysis

7.4       Electric Actuator

7.4.1        Overview

7.4.2        Electric Actuator Market Forecast and Analysis

7.5       Pneumatic Actuator

7.5.1        Overview

7.5.2        Pneumatic Actuator Market Forecast and Analysis

8.            Electric Vehicle Actuator Market Analysis –By Application

8.1       Overview

8.2       Electric vehicle actuator market Breakdown, by Application, 2020 and 2028

8.3       HVAC

8.3.1        Overview

8.3.2        HVAC Market Revenue and Forecast to 2028 (US$ Million)

8.4       Headlights

8.4.1        Overview

8.4.2        Headlights Market Revenue and Forecast to 2028 (US$ Million)

8.5       Brakes

8.5.1        Overview

8.5.2        Brakes Market Revenue and Forecast to 2028 (US$ Million)

8.6       Grill Shutter

8.6.1        Overview

8.6.2        Grill Shutter Market Revenue and Forecast to 2028 (US$ Million)

8.7       Mirrors

8.7.1        Overview

8.7.2        Mirrors Market Revenue and Forecast to 2028 (US$ Million)

8.8       Hood

8.8.1        Overview

8.8.2        Hood Market Revenue and Forecast to 2028 (US$ Million)

8.9       Trunk

8.9.1        Overview

8.9.2        Trunk Market Revenue and Forecast to 2028 (US$ Million)

8.10    Others

8.10.1     Overview

8.10.2     Others Market Revenue and Forecast to 2028 (US$ Million)

9.            Electric Vehicle Actuator Market Revenue and Forecast to 2028 – Vehicle Type

9.1       Overview

9.2       Electric Vehicle Actuator Market Breakdown, by Vehicle Type, 2020 and 2028

9.3       Battery Electric Vehicle (BEV)

9.3.1        Overview

9.3.2        Battery Electric Vehicle (BEV) Market Forecast and Analysis

9.4       Plug-in Hybrid Vehicle (PHEV)

9.4.1        Overview

9.4.2        Plug-in Hybrid Vehicle (PHEV) Market Forecast and Analysis

9.5       Hybrid Electric Vehicle (HEV)

9.5.1        Overview

9.5.2        Hybrid Electric Vehicle (HEV) Market Forecast and Analysis

9.6       Fuel Cell Electric Vehicle (FCEV)

9.6.1        Overview

9.6.2        Fuel Cell Electric Vehicle (FCEV) Market Forecast and Analysis

10.         Electric Vehicle Actuator Market – Geographic Analysis

10.1    Overview

10.2    North America: Electric Vehicle Actuator Market

10.2.1     North America: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.2.2     North America: Electric Vehicle Actuator Market, by Type

10.2.3     North America: Electric Vehicle Actuator Market, by Application

10.2.4     North America: Electric Vehicle Actuator Market, by Vehicle Type

10.2.5     North America: Electric Vehicle Actuator Market, by Key Country

10.2.5.1   US: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.1.1    US: Electric Vehicle Actuator Market, by Type

10.2.5.1.2    US: Electric Vehicle Actuator Market, by Application

10.2.5.1.3    US: Electric Vehicle Actuator Market, by Vehicle Type

10.2.5.2   Canada: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.2.1    Canada: Electric Vehicle Actuator Market, by Type

10.2.5.2.2    Canada: Electric Vehicle Actuator Market, by Application

10.2.5.2.3    Canada: Electric Vehicle Actuator Market, by Vehicle Type

10.2.5.3   Mexico: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.3.1    Mexico: Electric Vehicle Actuator Market, by Type

10.2.5.3.2    Mexico: Electric Vehicle Actuator Market, by Application

10.2.5.3.3    Mexico: Electric Vehicle Actuator Market, by Vehicle Type

10.3    Europe: Electric Vehicle Actuator Market

10.3.1     Europe: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.3.2     Europe: Electric Vehicle Actuator Market, by Type

10.3.3     Europe: Electric Vehicle Actuator Market, by Application

10.3.4     Europe: Electric Vehicle Actuator Market, by Vehicle Type

10.3.5     Europe: Electric Vehicle Actuator Market, by Key Country

10.3.5.1   Germany: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.1.1    Germany: Electric Vehicle Actuator Market, by Type

10.3.5.1.2    Germany: Electric Vehicle Actuator Market, by Application

10.3.5.1.3    Germany: Electric Vehicle Actuator Market, by Vehicle Type

10.3.5.2   France: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.2.1    France: Electric Vehicle Actuator Market, by Type

10.3.5.2.2    France: Electric Vehicle Actuator Market, by Application

10.3.5.2.3    France: Electric Vehicle Actuator Market, by Vehicle Type

10.3.5.3   Italy: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.3.1    Italy: Electric Vehicle Actuator Market, by Type

10.3.5.3.2    Italy: Electric Vehicle Actuator Market, by Application

10.3.5.3.3    Italy: Electric Vehicle Actuator Market, by Vehicle Type

10.3.5.4   UK: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.4.1    UK: Electric Vehicle Actuator Market, by Type

10.3.5.4.2    UK: Electric Vehicle Actuator Market, by Application

10.3.5.4.3    UK: Electric Vehicle Actuator Market, by Vehicle Type

10.3.5.5   Russia: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.5.1    Russia: Electric Vehicle Actuator Market, by Type

10.3.5.5.2    Russia: Electric Vehicle Actuator Market, by Application

10.3.5.5.3    Russia: Electric Vehicle Actuator Market, by Vehicle Type

10.3.5.6   Rest of Europe: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.6.1    Rest of Europe: Electric Vehicle Actuator Market, by Type

10.3.5.6.2    Rest of Europe: Electric Vehicle Actuator Market, by Application

10.3.5.6.3    Rest of Europe: Electric Vehicle Actuator Market, by Vehicle Type

10.4    Asia Pacific: Electric Vehicle Actuator Market

10.4.1     Asia Pacific: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.4.2     Asia Pacific: Electric Vehicle Actuator Market, by Type

10.4.3     Asia Pacific: Electric Vehicle Actuator Market, by Application

10.4.4     Asia Pacific: Electric Vehicle Actuator Market, by Vehicle Type

10.4.5     Asia Pacific: Electric Vehicle Actuator Market, by Key Country

10.4.5.1   China: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.1.1    China: Electric Vehicle Actuator Market, by Type

10.4.5.1.2    China: Electric Vehicle Actuator Market, by Application

10.4.5.1.3    China: Electric Vehicle Actuator Market, by Vehicle Type

10.4.5.2   India: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.2.1    India: Electric Vehicle Actuator Market, by Type

10.4.5.2.2    India: Electric Vehicle Actuator Market, by Application

10.4.5.2.3    India: Electric Vehicle Actuator Market, by Vehicle Type

10.4.5.3   Japan: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.3.1    Japan: Electric Vehicle Actuator Market, by Type

10.4.5.3.2    Japan: Electric Vehicle Actuator Market, by Application

10.4.5.3.3    Japan: Electric Vehicle Actuator Market, by Vehicle Type

10.4.5.4   South Korea: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.4.1    South Korea: Electric Vehicle Actuator Market, by Type

10.4.5.4.2    South Korea: Electric Vehicle Actuator Market, by Application

10.4.5.4.3    South Korea: Electric Vehicle Actuator Market, by Vehicle Type

10.4.5.5   Rest of Asia Pacific: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.5.1    Rest of Asia Pacific: Electric Vehicle Actuator Market, by Type

10.4.5.5.2    Rest of Asia Pacific: Electric Vehicle Actuator Market, by Application

10.4.5.5.3    Rest of Asia Pacific: Electric Vehicle Actuator Market, by Vehicle Type

10.5    Middle East & Africa (MEA): Electric Vehicle Actuator Market

10.5.1     MEA: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.5.2     MEA: Electric Vehicle Actuator Market, by Type

10.5.3     MEA: Electric Vehicle Actuator Market, by Application

10.5.4     MEA: Electric Vehicle Actuator Market, by Vehicle Type

10.5.5     MEA: Electric Vehicle Actuator Market, by Key Country

10.5.5.1   South Africa: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.1.1    South Africa: Electric Vehicle Actuator Market, by Type

10.5.5.1.2    South Africa: Electric Vehicle Actuator Market, by Application

10.5.5.1.3    South Africa: Electric Vehicle Actuator Market, by Vehicle Type

10.5.5.2   Rest of MEA: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.2.1    Rest of MEA: Electric Vehicle Actuator Market, by Type

10.5.5.2.2    Rest of MEA: Electric Vehicle Actuator Market, by Application

10.5.5.2.3    Rest of MEA: Electric Vehicle Actuator Market, by Vehicle Type

10.6    South America: Electric Vehicle Actuator Market

10.6.1     South America: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.6.2     South America: Electric Vehicle Actuator Market, by Type

10.6.3     South America: Electric Vehicle Actuator Market, by Application

10.6.4     South America: Electric Vehicle Actuator Market, by Vehicle Type

10.6.5     South America: Electric Vehicle Actuator Market, by Key Country

10.6.5.1   Brazil: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.1.1    Brazil: Electric Vehicle Actuator Market, by Type

10.6.5.1.2    Brazil: Electric Vehicle Actuator Market, by Application

10.6.5.1.3    Brazil: Electric Vehicle Actuator Market, by Vehicle Type

10.6.5.2   Argentina: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.2.1    Argentina: Electric Vehicle Actuator Market, by Type

10.6.5.2.2    Argentina: Electric Vehicle Actuator Market, by Application

10.6.5.2.3    Argentina: Electric Vehicle Actuator Market, by Vehicle Type

10.6.5.3   Rest of SAM: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.3.1    Rest of SAM: Electric Vehicle Actuator Market, by Type

10.6.5.3.2    Rest of SAM: Electric Vehicle Actuator Market, by Application

10.6.5.3.3    Rest of SAM: Electric Vehicle Actuator Market, by Vehicle Type

11.         Impact of COVID-19 Pandemic on Global Electric Vehicle Actuator Market

11.1    Overview

11.1.1     North America: Impact Assessment of COVID-19 Pandemic

11.1.2     Europe: Impact Assessment of COVID-19 Pandemic

11.1.3     Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11.1.4     Middle East and Africa: Impact Assessment of COVID-19 Pandemic

11.1.5     South America: Impact Assessment of COVID-19 Pandemic

12.         Industry Landscape

12.1    Market Initiative

13.         Company Profiles

13.1    BorgWarner Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2    Mahle GmbH

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3    Mitsubishi Electric Corporation

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4    Hitachi, Ltd.

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5    Nidec Corporation

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6    Robert Bosch GmbH

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7    Continental AG

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8    HELLA GmbH and Co. KGaA

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9    Johnson Electric Holdings Limited

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10 Stoneridge , Inc.

13.10.1   Key Facts

13.10.2   Business Description

13.10.3   Products and Services

13.10.4   Financial Overview

13.10.5   SWOT Analysis

13.10.6   Key Developments

14.         Appendix

14.1    About The Insight Partners

14.2    Word Index

LIST OF TABLES

Table 1.            Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.            North America: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.            North America: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4.            North America: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 5.            North America Electric Vehicle Actuator Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 6.            US: Electric Vehicle Actuator Market, by Type –Revenue and Forecast to 2028 (US$ Million)

Table 7.            US: Electric Vehicle Actuator Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 8.            US: Electric Vehicle Actuator Market, by Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 9.            Canada: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Canada: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Canada: Electric Vehicle Actuator Market, by Vehicle Type –Revenue and Forecast to 2028 (Canada$ Million)

Table 12.          Mexico: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Mexico: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Mexico: Electric Vehicle Actuator Market, by Vehicle Type –Revenue and Forecast to 2028  (Mexico$ Million)

Table 15.          Europe: Electric Vehicle Actuator Market, by Type– Revenue and Forecast to 2028 (US$ Million)

Table 16.          Europe: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 17.          Europe: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 18.          Europe Electric Vehicle Actuator Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 19.          Germany: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 20.          Germany: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 21.          Germany: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 22.          France: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 23.          France: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 24.          France: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 25.          Italy: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 26.          Italy: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 27.          Italy: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 28.          UK: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 29.          UK: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 30.          UK: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 31.          Russia: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 32.          Russia: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 33.          Russia: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 34.          Rest of Europe: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 35.          Rest of Europe: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 36.          Rest of Europe: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 37.          Asia Pacific: Electric Vehicle Actuator Market, by Type– Revenue and Forecast to 2028 (US$ Million)

Table 38.          Asia Pacific: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 39.          Asia Pacific: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 40.          Asia Pacific Electric Vehicle Actuator Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 41.          China: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 42.          China: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 43.          China: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 44.          India: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 45.          India: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 46.          India: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 47.          Japan: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 48.          Japan: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 49.          Japan: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 50.          South Korea: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 51.          South Korea: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 52.          South Korea: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 53.          Rest of Asia Pacific: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 54.          Rest of Asia Pacific: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 55.          Rest of Asia Pacific: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028  (US$ Million)

Table 56.          MEA: Electric Vehicle Actuator Market, by Type– Revenue and Forecast to 2028 (US$ Million)

Table 57.          MEA: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 58.          MEA: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 59.          MEA Electric Vehicle Actuator Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 60.          South Africa: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 61.          South Africa: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 62.          South Africa: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 63.          Rest of MEA: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 64.          Rest of MEA: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 65.          Rest of MEA: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 66.          South America: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 67.          South America: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 68.          South America: Electric Vehicle Actuator Market, by Vehicle Type – Revenue and Forecast to 2028 (US$ Million)

Table 69.          South America Electric Vehicle Actuator Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 70.          Brazil: Electric Vehicle Actuator Market, by Type –Revenue and Forecast to 2028 (US$ Million)

Table 71.          Brazil: Electric Vehicle Actuator Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 72.          Brazil: Electric Vehicle Actuator Market, by Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 73.          Argentina: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 74.          Argentina: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 75.          Argentina: Electric Vehicle Actuator Market, by Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 76.          Rest of SAM: Electric Vehicle Actuator Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 77.          Rest of SAM: Electric Vehicle Actuator Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 78.          Rest of SAM: Electric Vehicle Actuator Market, by Vehicle Type –Revenue and Forecast to 2028  (Rest of SAM$ Million)

Table 79.          List of Abbreviation

 

LIST OF FIGURES

Figure 1.           Electric Vehicle Actuator Market Segmentation

Figure 2.           Electric Vehicle Actuator Market Segmentation – By Geography

Figure 3.           Global Electric Vehicle Actuator Market Overview

Figure 4.           Hydraulic Actuator Segment held the Largest Share of Electric Vehicle Actuator Market

Figure 5.           Hood Segment held the Largest Share of Electric Vehicle Actuator Market

Figure 6.           Plug-in Hybrid Vehicle (PHEV) segment held the Largest Share of Electric Vehicle Actuator Market

Figure 7.           APAC to Show Great Traction During Forecast Period

Figure 8.           North America – PEST Analysis

Figure 9.           Europe – PEST Analysis

Figure 10.        Asia-Pacific- PEST Analysis

Figure 11.        MEA: PEST Analysis

Figure 12.        South America- PEST Analysis

Figure 13.        Electric Vehicle Actuator Market, Ecosystem

Figure 14.        Electric Vehicle Actuator Market: Impact Analysis of Drivers and Restraints

Figure 15.        Electric Vehicle Actuator Market – Geographic Analysis

Figure 16.        Electric Vehicle Actuator Market Forecast and Analysis (US$ Million)

Figure 17.        Electric Vehicle Actuator Market Breakdown, By Vehicle Type, 2020 and 2028 (%)

Figure 18.        Hydraulic Actuator Market Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Electric Actuator Market Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Pneumatic Actuator Market Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Electric vehicle actuator market Breakdown, By Application (2020 and 2028)

Figure 22.        HVAC Market Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Headlights Market Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Brakes Market Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Grill Shutter Market Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Mirrors Market Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Hood Market Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Trunk Market Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Others Market Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Electric Vehicle Actuator Market Breakdown, by Vehicle Type, 2020 and 2028 (%)

Figure 31.        Battery Electric Vehicle (BEV) Market Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Plug-in Hybrid Vehicle (PHEV) Market Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Hybrid Electric Vehicle (HEV) Market Revenue and Forecast to 2028 (US$ Million)

Figure 34.        Fuel Cell Electric Vehicle (FCEV) Market Revenue and Forecast to 2028 (US$ Million)

Figure 35.        Global Electric Vehicle Actuator Market Revenue Share, by Region (2020 and 2028)

Figure 36.        North America: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37.        North America: Electric Vehicle Actuator Market Revenue Share, by Type (2020 and 2028)

Figure 38.        North America: Electric Vehicle Actuator Market Revenue Share, by Application (2020 and 2028)

Figure 39.        North America: Electric Vehicle Actuator Market Revenue Share, by Vehicle Type (2020 and 2028)

Figure 40.        North America: Electric Vehicle Actuator Market Revenue Share, by Key Country (2020 and 2028)

Figure 41.        US: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 42.        Canada: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 43.        Mexico: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 44.        Europe: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 45.        Europe: Electric Vehicle Actuator Market Revenue Share, by Type (2020 and 2028)

Figure 46.        Europe: Electric Vehicle Actuator Market Revenue Share, by Application (2020 and 2028)

Figure 47.        Europe: Electric Vehicle Actuator Market Revenue Share, by Vehicle Type (2020 and 2028)

Figure 48.        Europe: Electric Vehicle Actuator Market Revenue Share, by Key Country (2020 and 2028)

Figure 49.        Germany: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 50.        France: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 51.        Italy: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 52.        UK: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 53.        Russia: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 54.        Rest of Europe: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 55.        Asia Pacific: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 56.        Asia Pacific: Electric Vehicle Actuator Market Revenue Share, by Type (2020 and 2028)

Figure 57.        Asia Pacific: Electric Vehicle Actuator Market Revenue Share, by Application (2020 and 2028)

Figure 58.        Asia Pacific: Electric Vehicle Actuator Market Revenue Share, by Vehicle Type (2020 and 2028)

Figure 59.        Asia Pacific: Electric Vehicle Actuator Market Revenue Share, by Key Country (2020 and 2028)

Figure 60.        China: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 61.        India: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 62.        Japan: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 63.        South Korea: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 64.        Rest of Asia Pacific: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 65.        MEA: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 66.        MEA: Electric Vehicle Actuator Market Revenue Share, by Type (2020 and 2028)

Figure 67.        MEA: Electric Vehicle Actuator Market Revenue Share, by Application (2020 and 2028)

Figure 68.        MEA: Electric Vehicle Actuator Market Revenue Share, by Vehicle Type (2020 and 2028)

Figure 69.        MEA: Electric Vehicle Actuator Market Revenue Share, by Key Country (2020 and 2028)

Figure 70.        South Africa: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 71.        Rest of MEA: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 72.        South America: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 73.        South America: Electric Vehicle Actuator Market Revenue Share, by Type (2020 and 2028)

Figure 74.        South America: Electric Vehicle Actuator Market Revenue Share, by Application (2020 and 2028)

Figure 75.        South America: Electric Vehicle Actuator Market Revenue Share, by Vehicle Type (2020 and 2028)

Figure 76.        South America: Electric Vehicle Actuator Market Revenue Share, by Key Country (2020 and 2028)

Figure 77.        Brazil: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 78.        Argentina: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 79.        Rest of SAM: Electric Vehicle Actuator Market – Revenue and Forecast to 2028 (US$ Million)

Figure 80.        Impact of COVID-19 Pandemic in North American Country Markets

Figure 81.        Impact of COVID-19 Pandemic in Europe Country Markets

Figure 82.        Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 83.        Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

Figure 84.        Impact of COVID-19 Pandemic in South America Country Markets

 

The List of Companies - Electric Vehicle Actuator Market

  1. Robert Bosch GMBH
  2. Continental AG
  3. HELLA GMBH AND CO. KGAA
  4. Johnson Electric
  5. Stoneridge Inc
  6. Hitachi Automotive Systems, LTD.
  7. Borgwarner INC.
  8. Mahle GMBH
  9. Mitsubishi Electric Corporation
  10. Nidec Corporation

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global electric vehicle actuator market.

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the global electric vehicle actuator market, thereby allowing players across the value chain to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

 

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Frequently Asked Questions

The integration of automotive actuators for performing various functions, such as HVAC, braking, throttling, operating the headlight, closures, and electronic clutch actuation in vehicles, is boosting the market growth. With the advancement in technology, the automotive manufacturers are investing on integrating the advanced system in the vehicles such as power window, hood openers, advanced braking system, and headlights. Also, there is increased technological advancements, such as the advanced driver assistance systems (ADAS), like the automated brake assist, lane keep assist, and adaptive cruise control (ACC) in the vehicles. At present, advanced features such as the adaptive front-lighting system (AFS), adaptive cruise control (ACC), and advanced driver assistance systems (ADAS), are being majorly deployed in modern vehicles, which are integrated with different actuators to perform unique tasks to comfort the driver as well as passengers.

The automotive manufacturers are investing in the adoption of chromogenic technology for the development of advanced vehicle glazing. The technology can dynamically change how the transmittance of the sunroof. Glazing chromogenic technology can make an interior comfortable and adjustable as per the driver’s requirement and fluctuating visual environment. This technology can provide excellent safety by the virtual elimination of glare and reflections with an actuation system. The application to automotive glazing is one of the most recent and advanced technology in the market, owing to smaller sizes than commercial windows, and the lifetime is less (7 years is the average lifetime).

A hybrid electric vehicle (HEV) is a complex system that integrates electronic, chemical, mechanical, and thermodynamic technologies. When an HEV is in movement, control and data are transformed by various flows. Moreover, in HEVs, a hybrid drive motor is positioned between the engine and the automatic transmission, engaging in power transmission. In other words, the motor's power and the power of the driving engine produce combined power transmitted to the wheels through the transmission. In parallel hybrids, the electric engine and ICE are both associated with mechanical transmission.

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