China Automotive Actuators Market Size (2024 - 2029)

The China automotive actuators market is experiencing growth driven by increasing vehicle electrification and the demand for fuel efficiency and comfort, particularly in passenger vehicles. The market's expansion is supported by the recovery of the automotive industry post-pandemic, which has led to a rise in vehicle production and, consequently, a higher demand for actuators. The integration of advanced safety and comfort features, such as ADAS and vehicle infotainment, is further propelling the market, as is the legislative push for enhanced safety measures. This environment is encouraging manufacturers to invest in research and development to meet the evolving consumer demands and regulatory requirements.

Market Size of China Automotive Actuators Industry

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China Automotive Actuators Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.62 %
Market Concentration Medium

Major Players

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*Disclaimer: Major Players sorted in no particular order

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China Automotive Actuators Market Analysis

The China automotive actuators market was valued at USD 7.45 billion in the current year and is projected to grow to USD 9.22 billion in the next five years, registering a CAGR of 5.62% during the forecast period.

  • The COVID-19 pandemic had an unprecedented and staggering impact on the automotive actuators market. These products witnessed a lower-than-anticipated demand throughout 2020 due to the shutdown of manufacturing facilities and disruptions in the supply chain. Additionally, the fluctuating raw material prices further aggravated the challenges faced by the market.
  • However, the automotive industry recovered from the losses in the year 2021 and 2022 and paved the way to introduce quality products to cater to the rising demand from consumers across the country. The automotive industry witnessed significant growth in terms of production in 2022, which increased the demand for actuators across the country.
  • Over the medium term, rising vehicle electrification in the vehicle is likely to increase demand for automotive actuators. Growing demand for fuel efficiency and comfort, especially in passenger vehicles, is driving the growth of the automotive actuators market during the forecast period.
  • The rise in the sale of passenger cars across the country is likely to witness major growth in the market. In 2022, around 26.86 million units of vehicles were sold in the country. Growing demand for safety features in the vehicle is likely to increase the demand for actuators during the forecast period. The increasing demand for fuel-efficient vehicles, along with the rising demand for advanced actuator products, among buyers, is compelling the major manufacturers to invest in R&D activities.
  • The market is witnessing a significant increase in the integration of modern safety and comfort features in vehicles, including advanced driver assistance systems (ADAS) and vehicle infotainment. This growth is driven by the increased production of automobiles with integrated ADAS features, which cater to the rising demand for passenger comfort and safety. Furthermore, government legislation mandating safety measures further fuels the market demand for these advanced features.

China Automotive Actuators Industry Segmentation

An actuator is a machine component responsible for moving and controlling a mechanism or system; for example, by opening or closing a valve. Automotive actuators find their applications in vehicles for performing functions such as throttling, braking, operating the headlight, heating, ventilation, and air conditioning (HVAC), electronic clutch actuation, closures, and others, which have been considered in the scope of the market.

China's automotive actuators market is segmented into actuator type, application type, and vehicle type. Based on the actuator type, the market is segmented into hydraulic actuators, electric actuators, and pneumatic actuators. Based on the application type, the market is segmented into throttle actuators, seat adjustment actuators, brake actuators, closure actuators, and other application types. Based on the vehicle type, the market is segmented into passenger cars and commercial vehicles.

For each segment, the market sizing and forecast have been done based on the value (USD).

Actuators Type
Electrical actuators
Hydraulic actuators
Pneumatic actuators
Application Type
Throttle Actuator
Seat Adjustment Actuator
Brake Actuator
Closure Actuator
Other Application Types
Vehicle Type
Passenger Car
Commercial Vehicles
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China Automotive Actuators Market Size Summary

The China automotive actuators market is poised for significant growth, driven by the resurgence of the automotive industry post-COVID-19 disruptions. The market is experiencing a robust recovery, with increased vehicle production and a rising demand for advanced safety and comfort features. The integration of modern technologies such as advanced driver assistance systems (ADAS) and vehicle infotainment is propelling the demand for automotive actuators. The market is further bolstered by the growing trend of vehicle electrification, which is increasing the need for electric actuators. This shift is supported by the launch of new electric vehicle models and government incentives aimed at boosting auto sales and promoting electric vehicle adoption.

China's position as a leading vehicle manufacturer in the Asia-Pacific region presents lucrative opportunities for the automotive actuators market. The country's economic expansion and the rising demand for passenger automobiles are attracting significant investments from global automakers in technology and mass production processes. Key players in the market, such as Continental AG, Robert Bosch GmbH, and Nidec Corporation, are expanding their presence and investing in research and development to meet the growing demand. The collaboration between vehicle manufacturers and component suppliers to develop intelligent driving systems is expected to drive further market growth. Additionally, the reduction in system prices is facilitating the rapid adoption of actuator products, positively impacting the market's trajectory.

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China Automotive Actuators Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size in Value - USD )

    1. 2.1 Actuators Type

      1. 2.1.1 Electrical actuators

      2. 2.1.2 Hydraulic actuators

      3. 2.1.3 Pneumatic actuators

    2. 2.2 Application Type

      1. 2.2.1 Throttle Actuator

      2. 2.2.2 Seat Adjustment Actuator

      3. 2.2.3 Brake Actuator

      4. 2.2.4 Closure Actuator

      5. 2.2.5 Other Application Types

    3. 2.3 Vehicle Type

      1. 2.3.1 Passenger Car

      2. 2.3.2 Commercial Vehicles

China Automotive Actuators Market Size FAQs

The China Automotive Actuators Market is projected to register a CAGR of 5.62% during the forecast period (2024-2029)

Denso Corporation , Nidec Corporation , Continental AG , Robert Bosch GmbH and BorgWarner Inc. are the major companies operating in the China Automotive Actuators Market.

China Automotive Actuators Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)