Market Overview:
The global automotive electric quarter-turn actuators market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. The global automotive electric quarter-turn actuators market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into throttle actuator, fuel injection actuator, brake actuator, turbo actuator and others. Throttle Actuators are expected to account for a major share in terms of revenue in 2018 owing to their widespread use in passenger cars. Fuel Injection Actuators are also anticipated to witness significant growth during the forecast period due from their increasing adoption in commercial vehicles. Brake Actuators are expected grow at a moderate rate duringthe forecast period owingto their growing demand from heavy commercial vehicles segments across different regions globally .
Product Definition:
An automotive electric quarter-turn actuator is a device that uses electricity to turn a shaft by 90 degrees. This device is important because it allows vehicles to open and close the doors, windows, and sunroofs.
Throttle Actuator:
Throttle actuator is a mechanical device that controls the speed of an engine. It’s located on the intake or exhaust side of an internal combustion engine, and its job is to control the rate of fuel entering or leaving an engine cylinder.
Fuel Injection Actuator:
The fuel injection actuator is a device that controls and monitors the flow of fuel into an engine. It's main function is to regulate the pressure and volume of gas delivered to each cylinder in an internal combustion engine. The system works by controlling the opening and closing position of valves within each cylinder, which allows or prevents gases from entering or leaving the chamber according to requirements.
Application Insights:
Passenger vehicle application segment accounted for the largest share of over 50.0% in 2017 and is expected to continue its dominance over the forecast period. The growing demand for passenger vehicles due to rising disposable income levels, coupled with low interest rates has been a major factor driving this segment. Furthermore, stringent government regulations regarding airbags and safety devices are anticipated to further fuel the market growth during the forecast period.
The commercial vehicle application segment is projected register a CAGR of XX% from 2018 to 2030 owing to increasing utilization in long-distance transportation applications as well as heavy-duty trucks & buses applications across various regions globally due largely in part by their high durability.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing sales of electric vehicles in China, Japan, and India. Moreover, favorable government policies such as tax benefits on EVs are anticipated to boost their demand across the region. Europe is also projected to witness significant growth over the next eight years due to stringent emission norms implemented by various governments across countries such as Germany and Norway that have high penetration rates of electric vehicles.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in the demand for electric quarter-turn actuators, as they are used in various applications in electric vehicles.
- Growing popularity of autonomous cars: Autonomous cars are equipped with a large number of sensors and actuators that help them function without human intervention. This is driving the growth of the automotive electric quarter-turn actuators market, as these actuators are used extensively in autonomous cars.
- Rising demand from Asia Pacific: The Asia Pacific region is expected to be the fastest-growing region during the forecast period, owing to its booming automotive industry and increasing disposable income levels of consumers. This will create opportunities for players operating in the automotive electric quarter-turn actuator market in this region.
- Technological advancements: The development of new technologies such as piezoelectricity and magnetostriction has led to significant improvements in performance and efficiency of electrical quarter-turn actuators, thereby boosting their adoption across various industries worldwide.. 5) Stringent government regulations pertaining to emissions reduction: Governments around the world are implementing stringent regulations pertaining to emissions reduction from automobiles, which is leading OEMs towards adopting electrified powertrains across their product portfolios
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Electric Quarter-turn Actuators Market Research Report
By Type
Throttle Actuator, Fuel Injection Actuator, Brake Actuator, Turbo Actuator, Others
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Bosch, Denso, Delphi, Magna, Continental, Valeo, Magneti Marelli, Hitachi, Hella, Mahle
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Electric Quarter-turn Actuators Market Report Segments:
The global Automotive Electric Quarter-turn Actuators market is segmented on the basis of:
Types
Throttle Actuator, Fuel Injection Actuator, Brake Actuator, Turbo Actuator, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- Denso
- Delphi
- Magna
- Continental
- Valeo
- Magneti Marelli
- Hitachi
- Hella
- Mahle
Highlights of The Automotive Electric Quarter-turn Actuators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Throttle Actuator
- Fuel Injection Actuator
- Brake Actuator
- Turbo Actuator
- Others
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Electric Quarter-turn Actuators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive electric quarter-turn actuators are used to control the position of a vehicle's steering wheel. They use an electric motor to turn a shaft that controls the angle of the steering wheel.
Some of the major players in the automotive electric quarter-turn actuators market are Bosch, Denso, Delphi, Magna, Continental, Valeo, Magneti Marelli, Hitachi, Hella, Mahle.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Electric Quarter-turn Actuators Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automotive Electric Quarter-turn Actuators Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Electric Quarter-turn Actuators Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automotive Electric Quarter-turn Actuators Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automotive Electric Quarter-turn Actuators Market Size & Forecast, 2020-2028 4.5.1 Automotive Electric Quarter-turn Actuators Market Size and Y-o-Y Growth 4.5.2 Automotive Electric Quarter-turn Actuators Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Throttle Actuator
5.2.2 Fuel Injection Actuator
5.2.3 Brake Actuator
5.2.4 Turbo Actuator
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Electric Quarter-turn Actuators Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Electric Quarter-turn Actuators Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Throttle Actuator
9.6.2 Fuel Injection Actuator
9.6.3 Brake Actuator
9.6.4 Turbo Actuator
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Throttle Actuator
10.6.2 Fuel Injection Actuator
10.6.3 Brake Actuator
10.6.4 Turbo Actuator
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Throttle Actuator
11.6.2 Fuel Injection Actuator
11.6.3 Brake Actuator
11.6.4 Turbo Actuator
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Throttle Actuator
12.6.2 Fuel Injection Actuator
12.6.3 Brake Actuator
12.6.4 Turbo Actuator
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Throttle Actuator
13.6.2 Fuel Injection Actuator
13.6.3 Brake Actuator
13.6.4 Turbo Actuator
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Electric Quarter-turn Actuators Market: Competitive Dashboard
14.2 Global Automotive Electric Quarter-turn Actuators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Denso
14.3.3 Delphi
14.3.4 Magna
14.3.5 Continental
14.3.6 Valeo
14.3.7 Magneti Marelli
14.3.8 Hitachi
14.3.9 Hella
14.3.10 Mahle