Market Overview:
The global automotive engine actuators market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The growth of the global automotive engine actuators market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. In addition, rising awareness about fuel-efficient engines is also expected to boost the demand for automotive engine actuators during the forecast period. Based on type, the global automotive engine actuators market has been segmented into VVT system and electronic throttle system. The VVT system segment is anticipated to account for a major share ofthe global automotive engine actuators market in 2018 owingto its growing popularity among automakers due tonumerous benefits such as improved fuel efficiency and reduced emissions.
Product Definition:
An automotive engine actuator is a device used to control the flow of fluids or air into and out of an engine. The most common type of actuator is a valve, which can be opened and closed to allow or restrict the flow of fluid or air. Other types of actuators include pumps, fans, and compressors.
VVT System:
VVT system is a variable valve timing technology. It helps to open and close valves quickly and precisely at high speeds. This technology is used in automotive engine actuators as it allows to increase power output without increasing the rotational speed of the crankshaft, which results in less fuel consumption & lower emissions.
The global VVT system market size was valued at USD 1,37,500 million in 2015.
Electronic Throttle System:
An electronic throttle system is a part of an automotive engine control unit that controls the flow of fuel to the cylinders. It works as an alternative to manual carburetors or slides by means of a potentiometer, which sets the desired power output for each cylinder. The system varies engine speed in proportion with vehicle speed, making it more efficient and improving performance at low speeds.
Application Insights:
Passenger cars 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 high share of this segment is attributed to rising demand for passenger vehicles, especially in emerging economies such as China, India and Brazil. These countries are registering a rapid growth in their automotive production which, in turn, will boost product demand globally over the forecast period.
Commercial vehicles application segment is expected to witness significant growth during the forecast period owing to increasing utilization of commercial vehicles for logistics services across various industries such as mining and construction among others.
Regional Analysis:
Asia Pacific accounted for the largest share of over 40% in 2017. The region is expected to witness significant growth on account of increasing automobile production and sales in countries, such as China, India, Japan and South Korea. Furthermore, rising disposable income levels coupled with a growing population are expected to fuel the demand for passenger cars over the forecast period.
Europe accounted for a major market share owing to stringent emission norms implemented by governments across various European countries. For instance, Germany has adopted Euro 6c norm which requires all new vehicles to have start/stop function as an option or feature under special circumstances where it is not required by law; however it must be available as an option on higher-polluting vehicles since 2018 (Euro 6c standard). Such government regulations are anticipated to boost automotive manufacturers’ R&D spending which will eventually drive product adoption across this region during the forecast period.
Growth Factors:
- Increasing demand for fuel-efficient and low-emission vehicles: The global automotive engine actuators market is expected to grow at a CAGR of 5.5% from 2017 to 2025, owing to the increasing demand for fuel-efficient and low-emission vehicles. Stringent emission norms by regulatory authorities are also propelling the growth of the market.
- Rising demand for electric and hybrid vehicles: The global automotive engine actuators market is witnessing a rising trend in the adoption of electric and hybrid vehicles, which is expected to boost the growth of this market during the forecast period. This can be attributed to government initiatives towards promoting green mobility solutions across various countries worldwide.
- Growing popularity of advanced driver assistance systems (ADAS): The increasing popularity of ADAS is another major factor driving the growth of the global automotive engine actuators market during the forecast period. These systems require high precision and accuracy in their functioning, which can be achieved only through use of high quality engine actuators products Hence, an increase in demand for these systems will result in an increase in demand for engine actuator products as well..
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Engine Actuators Market Research Report
By Type
VVT System, Electronic Throttle System
By Application
Passenger Cars, Commercial Vehicles
By Companies
Delphi, DENSO, Aisin Group, Eaton, Hitachi Automotive Systems, HUSCO International, Metaldyne, Perodua, Delphi
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Engine Actuators Market Report Segments:
The global Automotive Engine Actuators market is segmented on the basis of:
Types
VVT System, Electronic Throttle System
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 Cars, Commercial Vehicles
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:
- Delphi
- DENSO
- Aisin Group
- Eaton
- Hitachi Automotive Systems
- HUSCO International
- Metaldyne
- Perodua
- Delphi
Highlights of The Automotive Engine 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:
- VVT System
- Electronic Throttle System
- By Application:
- Passenger Cars
- Commercial Vehicles
- 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 Engine 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 engine actuators are devices that help control the speed, torque, and other operating parameters of an engine. They can be found in both gasoline and diesel-powered vehicles.
Some of the major companies in the automotive engine actuators market are Delphi, DENSO, Aisin Group, Eaton, Hitachi Automotive Systems, HUSCO International, Metaldyne, Perodua, Delphi.
The automotive engine actuators market is expected to grow at a compound annual growth rate of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Engine 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 Engine Actuators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Engine 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 Engine 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 Engine Actuators Market Size & Forecast, 2018-2028
4.5.1 Automotive Engine Actuators Market Size and Y-o-Y Growth
4.5.2 Automotive Engine Actuators Market Absolute $ Opportunity
Chapter 5 Global Automotive Engine Actuators 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 Automotive Engine Actuators Market Size Forecast by Type
5.2.1 VVT System
5.2.2 Electronic Throttle System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Engine Actuators 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 Automotive Engine Actuators Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Engine 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 Engine 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 Automotive Engine Actuators Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Engine Actuators 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 Automotive Engine Actuators Market Size Forecast by Type
9.6.1 VVT System
9.6.2 Electronic Throttle System
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 Automotive Engine Actuators Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
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 Automotive Engine Actuators Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Engine Actuators 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 Automotive Engine Actuators Market Size Forecast by Type
10.6.1 VVT System
10.6.2 Electronic Throttle System
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 Automotive Engine Actuators Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
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 Automotive Engine Actuators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Engine Actuators 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 Automotive Engine Actuators Market Size Forecast by Type
11.6.1 VVT System
11.6.2 Electronic Throttle System
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 Automotive Engine Actuators Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
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 Automotive Engine Actuators Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Engine Actuators 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 Automotive Engine Actuators Market Size Forecast by Type
12.6.1 VVT System
12.6.2 Electronic Throttle System
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 Automotive Engine Actuators Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
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) Automotive Engine Actuators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Engine Actuators 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) Automotive Engine Actuators Market Size Forecast by Type
13.6.1 VVT System
13.6.2 Electronic Throttle System
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) Automotive Engine Actuators Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
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 Engine Actuators Market: Competitive Dashboard
14.2 Global Automotive Engine Actuators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Delphi
14.3.2 DENSO
14.3.3 Aisin Group
14.3.4 Eaton
14.3.5 Hitachi Automotive Systems
14.3.6 HUSCO International
14.3.7 Metaldyne
14.3.8 Perodua
14.3.9 Delphi
