North America Automotive Hydraulic Actuators Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Automotive Hydraulic Actuators Market Analysis
Rising automation and digitalization in the automotive industry are increasing the demand for vehicles with advanced features and connectivity.
The modern passenger vehicle is equipped with several motors to control various applications such as headlight positioning, seat adjustment, grill shutter, HVAC systems, and coolant and refrigerant valves, among others. Actuators play a key role in activating these applications as they convert an electric signal into the required linear and rotary motion to produce the required physical movement.
With advancements in technology, autonomous vehicles are expected to install various actuators to enhance safety and comfort. The automotive actuators market is growing continuously due to the constant growth in production as well as sales of automobiles (passenger cars, LCVs, HCVs, and off-highway vehicles) across the globe. Sensors, software programs, controller hardware, and actuators are considered to be the backbone of the present and future automotive systems.
North America Automotive Hydraulic Actuators Market Trends
This section covers the major market trends shaping the North America Automotive Hydraulic Actuators Market according to our research experts:
Off-highway vehicle segment is estimated to be the fastest during the forecast period
The off-highway vehicle segment is anticipated to be the fastest in the automotive actuators market. Increasing government investments in infrastructural development, thriving agricultural businesses in developing nations, and the emergence of leased/rent-based equipment are driving the off-highway vehicle market. The traditional role of actuators in off-highway vehicles has involved the application of force to perform tasks. As vehicles become complex, OEMs are accumulating features that naturally involve the use of electronic controls to deliver more complex, optimized, and safer motion.
Increase in Automation Driving Growth
Of all the application types, the throttle actuator involves the conversion of the mechanical force applied on the accelerator pedal, resulting into proportionate throttle control, which involves appropriate opening of the throttle valve, in the engine combustion chamber. The fuel injection actuator involves the opening of the fuel injection port located in the engine, according to the set idle timing of the engine, which helps to inject the fuel into the engine combustion chamber. The working of this actuator is thus related to the throttle control valve and can be adjusted through the electronic control unit of the automobile. The brake actuator involves conversion of the mechanical force exerted on the brake pedal and conversion of the same into proportionate working of the brake system, which involves friction between either the drums of the drum brake or the brake pads and the disc within the disc brake mechanism.
North America Automotive Hydraulic Actuators Industry Overview
The key players in global automotive actuators market are Continental AG, Aptiv PLC, Robert Bosch GmbH, Denso Corporation, Hella KGaA Hueck & Co., and Stoneridge Inc., Wabco Holdings Inc., Mitsubishi Electric Corporation, Nidec Corporation, and Sonceboz SA are among others.
North America Automotive Hydraulic Actuators Market Leaders
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Continental AG
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Aptiv PLC
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Robert Bosch Gmbh
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Hella
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Nidec Corporation
*Disclaimer: Major Players sorted in no particular order
North America Automotive Hydraulic Actuators Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porters Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Application Type
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5.1.1 Throttle
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5.1.2 Seat Adjustment
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5.1.3 Brake
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5.1.4 Closure
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5.1.5 Others
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5.2 Vehicle Type
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5.2.1 Passenger Cars
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5.2.2 Commercial vehicles
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6. Geography
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6.1 North America
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6.1.1 United States
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6.1.2 Canada
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6.1.3 Rest Of North America
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7. COMPETITIVE LANDSCAPE
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7.1 Vendor Market Share
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7.2 Company Profiles
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7.2.1 Robert Bosch Gmbh
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7.2.2 Nidec Corporation
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7.2.3 Johnson Electric
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7.2.4 Mitsubishi Electric
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7.2.5 Denso Corp
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7.2.6 Hella KGaA Hueck & Co
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7.2.7 Hitachi Ltd
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7.2.8 Magneti Marelli
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7.2.9 Far Hydraulics
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7.2.10 CTS Corporation
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8. MARKET OPPORTUNITIES AND FUTURE TRENDS
North America Automotive Hydraulic Actuators Industry Segmentation
The North America Automotive Hydraulic Actuators Market report covers a detailed study on the latest trends and innovations in the market which is Segmented by Application Type (Throttle, Seat Adjustment, Brake, Closure and Others) and Vehicle Type (Passenger Cars and Commercial Vehicles) and Countries.. Along with the major players, their strategies, innovations, technological advancements and financials are also covered in the report.
| Application Type | |
| Throttle | |
| Seat Adjustment | |
| Brake | |
| Closure | |
| Others |
| Vehicle Type | |
| Passenger Cars | |
| Commercial vehicles |
North America Automotive Hydraulic Actuators Market Research FAQs
What is the current North America Automotive Hydraulic Actuators Market size?
The North America Automotive Hydraulic Actuators Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in North America Automotive Hydraulic Actuators Market?
Continental AG, Aptiv PLC, Robert Bosch Gmbh, Hella and Nidec Corporation are the major companies operating in the North America Automotive Hydraulic Actuators Market.
What years does this North America Automotive Hydraulic Actuators Market cover?
The report covers the North America Automotive Hydraulic Actuators Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Automotive Hydraulic Actuators Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Automotive Hydraulic Actuators Industry Report
Statistics for the 2024 North America Automotive Hydraulic Actuators market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Automotive Hydraulic Actuators analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
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