Market Size of South Africa Automotive Electric Actuators Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.30 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
South Africa Automotive Electric Actuators Market Analysis
The South Africa Automotive Electric Actuators Market is expected to register a CAGR of 5.3% during the forecast period, 2020-2025.
Currently, the market for automotive electric 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 electric actuators market.
Many high-end models are offering small electric actuators, also known as mini actuators. Mini electric linear actuators are becoming popular because their energy conversion rate is much higher for different kinds of linear motion.
For instance, most automotive headlights maintain a fixed position mounted on an aligned orientation of the vehicle. However, high-end manufacturers are providing mini actuators that allow the headlights to move either up and down and helps focus the light on curving or undulating road surfaces. Since mini actuators can be fitted in compact spaces due to its small size, there are preferred over standard actuators. Also, the conversion of energy into linear motion, while providing perfect linear actuation is desirable for luxury manufacturers. Also, in South Africa, there is a rise in the sales of SUVs and premium vehicles, resulting in the growth in other electric actuators segments.
South Africa Automotive Electric Actuators Industry Segmentation
The South Africa Automotive Electric 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, and application 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 |
South Africa Automotive Electric Actuators Market Size Summary
The South Africa Automotive Electric Actuators Market is experiencing growth driven by increasing automation and digitalization in vehicles. The demand for fuel efficiency and enhanced comfort, particularly in passenger vehicles, is propelling the market forward. The popularity of mini electric linear actuators is rising due to their superior energy conversion rates and ability to fit into compact spaces, making them preferable for high-end vehicle models. These actuators are increasingly used in applications such as adjustable headlights, which improve safety and functionality on varied road surfaces. Despite a slowdown in vehicle sales in 2019, original equipment manufacturers (OEMs) continue to focus on electric actuators to enhance passenger safety and comfort, aligning with the growing trend of luxury and premium vehicle sales in South Africa.
The market is characterized by significant technological advancements and a focus on meeting stringent fuel efficiency and vehicle safety regulations. Electric actuators are integral to modern engine management systems, offering improved performance and reduced emissions. The rising demand for comfort features in luxury vehicles is driving innovation and investment in research and development by major manufacturers. The market is fragmented, with international and regional players like Robert Bosch GmbH, Continental, and Denso leading the charge. Companies are engaging in partnerships and joint ventures to introduce new products and maintain a competitive edge. The introduction of customizable electric linear actuators by manufacturers like Progressive Automations highlights the market's focus on versatility and consumer-specific demands.
South Africa Automotive Electric Actuators Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Drivers
-
1.2 Market Restraints
-
1.3 Porters Five Force Analysis
-
1.3.1 Threat of New Entrants
-
1.3.2 Bargaining Power of Buyers/Consumers
-
1.3.3 Bargaining Power of Suppliers
-
1.3.4 Threat of Substitute Products
-
1.3.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 Vehicle Type
-
2.1.1 Passenger Car
-
2.1.2 Commercial Vehicle
-
-
2.2 Application Type
-
2.2.1 Throttle Actuator
-
2.2.2 Seat Adjustment Actuator
-
2.2.3 Brake Actuator
-
2.2.4 Closure Actuator
-
2.2.5 Others
-
-
South Africa Automotive Electric Actuators Market Size FAQs
What is the current South Africa Automotive Electric Actuators Market size?
The South Africa Automotive Electric Actuators Market is projected to register a CAGR of 5.30% during the forecast period (2024-2029)
Who are the key players in South Africa Automotive Electric Actuators Market?
Denso Corporation , Mitsubishi Electric Corporation , Nidec Corporation , Hitachi Ltd and Continental are the major companies operating in the South Africa Automotive Electric Actuators Market.