Market Size of Japan Automotive Actuators Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.80 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Japan Automotive Actuators Market Analysis
The Japan Automotive Actuators Market is expected to register a CAGR of 6.8% during the forecast period, 2020-2025.
Currently, the market for automotive actuators is primarily driven by rising automation and digitalization. Increased demand for fuel efficiency and growing demand for comfort, especially in passenger vehicles, is driving the growth of the automotive actuators market.
Although, in 2019, the growth of passenger and commercial vehicle sales has reduced. But OEM are still making electric actuators as one of the main areas of focus to improve passenger's safety and comfort. As a part of that effort, electric actuators have also gained significant attention in recent years.
For instance, actuators are used in seats for adjusting lumbar support systems, seat positioning, angles, and for seat track actuators. Several automotive seat adjustment actuators are available in the market, such as geared motors for recliner adjustment, double output shaft for track drives, and linear actuators for height and tilt adjustments. Also, in Japan, there is a rise in the sales of SUVs and premium vehicles, resulting in the growth in the seat adjustment actuators segment.
Japan Automotive Actuators Industry Segmentation
The Japan Automotive Actuators Market report covers the current and upcoming trends with recent technological development. The report will provide a detailed analysis of various areas of the market by vehicle, product and drive type. The market share of significant actuator companies and country level analysis will be provided in the report.
| Vehicle Type | |
| Passenger Car | |
| Commercial Vehicle |
| Application Type | |
| Throttle Actuator | |
| Seat Adjustment Actuator | |
| Brake Actuator | |
| Closure Actuator | |
| Others |
Japan Automotive Actuators Market Size Summary
The Japan Automotive Actuators Market is experiencing significant growth, driven by the increasing automation and digitalization in the automotive sector. The demand for enhanced fuel efficiency and passenger comfort, particularly in passenger vehicles, is propelling the market forward. Despite a slowdown in vehicle sales in 2019, original equipment manufacturers (OEMs) have continued to focus on electric actuators to enhance safety and comfort features. This has led to a notable rise in the use of actuators for seat adjustments, such as lumbar support systems and seat positioning. The growing popularity of SUVs and premium vehicles in Japan has further contributed to the expansion of the seat adjustment actuators segment. The market has transitioned from basic mechanical applications to more sophisticated automotive solutions, with engine actuators playing a crucial role in maximizing engine management efficiency and reducing CO2 emissions.
The demand for fuel-efficient and advanced actuator products is prompting major manufacturers to invest in research and development activities. The increase in luxury car sales in Japan is positively impacting the automotive actuators market. Technological advancements have introduced new challenges and developments, driving innovation in various actuator types, including throttle, brake, and closure actuators. Electric actuators, known for their lower heat and noise emissions, flexible installation options, and battery-powered high torque, are becoming increasingly prevalent in newer vehicles. This trend is encouraging OEMs to invest heavily in improving the driving and passenger experience. The market is characterized by fragmentation, with international and regional players like Robert Bosch GmbH, Continental, and Denso competing for market share. To maintain a competitive edge, these companies are forming joint ventures and partnerships to introduce new products, such as the electric linear actuators offered by Progressive Automations, which provide customizable features for diverse applications.
Japan Automotive 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 Five 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 Vehicle Type
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2.1.1 Passenger Car
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2.1.2 Commercial Vehicle
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2.2 Application Type
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2.2.1 Throttle Actuator
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2.2.2 Seat Adjustment Actuator
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2.2.3 Brake Actuator
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2.2.4 Closure Actuator
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2.2.5 Others
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Japan Automotive Actuators Market Size FAQs
What is the current Japan Automotive Actuators Market size?
The Japan Automotive Actuators Market is projected to register a CAGR of 6.80% during the forecast period (2024-2029)
Who are the key players in Japan Automotive Actuators Market?
Denso Corporation , Mitsubishi Electric Corporation , Nidec Corporation , Hitachi Ltd and Continental AG are the major companies operating in the Japan Automotive Actuators Market.
