Market Size of Canada Automotive Pneumatic Actuators Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 4.00 % |
| Market Concentration | Medium |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
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Canada Automotive Pneumatic Actuators Market Analysis
Canada Automotive Pneumatic Actuator Market is anticipated a register a CAGR of over 4% during the forecast period (2020 - 2025).
- The growth of fuel-efficient vehicles and the inclusion of advanced driver assistance systems (ADAS), majorly braking and throttle systems (like adaptive cruise control (ACC) and autonomous emergency braking features), in new vehicles and existing vehicles, are the major driving factors for the automotive actuator market.
- Owing to the rising penetration and replacement rate of the pneumatic actuator with pure electric and electro-pneumatic actuators, the market studied is expected to grow at a slow rate, especially for the passenger car segment.
- However, demand for the automotive pneumatic actuator in the commercial vehicle segment is expected to grow due to an increase in production and sales of trucks and semi-trailers globally.
- The use of fuel injection actuators and throttle actuators in diesel engine vehicles help comply with the Euro VI standard. The market for actuators for fuel injection that are directly related to diesel engines is expected to grow with the development of advanced diesel engines.
Canada Automotive Pneumatic Actuators Industry Segmentation
The Canadian Automotive Pneumatic Actuator Market report contains the latest trends and technological developments in the market and demand by Application Type and By Vehicle Type.
| Application Type | |
| Throttle Actuators | |
| Fuel Injection Actuators | |
| Brake Actuators | |
| Others |
| Vehicle Type | |
| Passenger Cars | |
| Commercial Vehicle |
Canada Automotive Pneumatic Actuators Market Size Summary
The Canadian automotive pneumatic actuators market is experiencing a steady growth trajectory, driven by the increasing adoption of fuel-efficient vehicles and the integration of advanced driver assistance systems (ADAS) in both new and existing vehicles. These systems, which include features like adaptive cruise control and autonomous emergency braking, are pivotal in propelling the demand for automotive actuators. However, the market is witnessing a gradual shift as pneumatic actuators are being replaced by pure electric and electro-pneumatic alternatives, particularly in the passenger car segment. In contrast, the commercial vehicle segment is expected to see a rise in demand due to the growing production and sales of trucks and semi-trailers globally. The market is also benefiting from the use of fuel injection and throttle actuators in diesel engines, which are essential for meeting Euro VI standards, thereby supporting the development of advanced diesel engines.
Canada plays a significant role in the global automotive pneumatic actuator market, with a notable increase in commercial vehicle sales attributed to diesel vehicles meeting emission standards and a surge in construction and industrial activities. The market is characterized by a diverse range of actuator applications, including wiper motors, power window motors, door actuators, seat motors, and brake actuators. Despite the fragmented nature of the market, key players such as Bosch Rexroth AG, Nidec Corporation, and Denso Corporation are actively investing in research and development to meet the rising demand for advanced actuator products. The stringent emission regulations aimed at reducing fuel consumption are driving a shift towards electric vehicles, which could impact the market for fuel-powered vehicles that rely on pneumatic actuators.
Canada Automotive Pneumatic Actuators Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porters 5 Force Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Application Type
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2.1.1 Throttle Actuators
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2.1.2 Fuel Injection Actuators
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2.1.3 Brake Actuators
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2.1.4 Others
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2.2 Vehicle Type
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2.2.1 Passenger Cars
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2.2.2 Commercial Vehicle
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Canada Automotive Pneumatic Actuators Market Size FAQs
What is the current Canada Automotive Pneumatic Actuators Market size?
The Canada Automotive Pneumatic Actuators Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Canada Automotive Pneumatic Actuators Market?
Bosh Rexroth AG, Nidec Corporation, Denso Corporation , SMC Corporation Of America and Emerson Electric Co are the major companies operating in the Canada Automotive Pneumatic Actuators Market.
