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Actuator Market

Actuator Market (Actuator Type: Electric Actuator, Hydraulic Actuator, Pneumatic Actuator, and Mechanical Actuator; Vehicle Type; Motion; Application: Variable Valve Technology, Turbocharger, Coolant and Refrigerant System, Brake System, Adaptive Headlamp, and Others; and Sales Channel) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Actuator Market Outlook 2031

  • The global actuator market was valued at US$ 40.30 Bn in 2020
  • It is estimated to expand at a CAGR of 7.20% from 2021 to 2031
  • The global actuator market is expected to cross the value of US$ 86.59 Bn by the end of 2031

Analysts’ Viewpoint on Actuator Market Scenario

Manufacturers operating in the global actuator market are gaining potential growth opportunities in the upcoming years, due to the rising demand for safe and comfortable vehicles. The growing awareness of vehicle safety is contributing to the rising demand for actuators across the globe. The increasing investments by governments to ensure vehicle safety in on-road vehicles, along with the implementation of strict regulations on vehicle safety is propelling the global actuator market. Market players in the global actuator market are increasing their efforts to increase the production capacity to leverage revenue opportunities in the global market. Asia Pacific dominates the global actuator market due to the increasing adoption of automatic systems in vehicles.

Mechanical Properties of Actuators Driving Global Market

Actuator is an important component of the electric controlled automotive systems. Converting signals of different forms into mechanical action is the main function of an actuator. The input signals can be in different forms; it may be mechanical actuators, electrical, pneumatic, or hydraulic. The relevance of electronic manufacturing across leading industries has driven sales in the global actuators market. Rising applications of actuators in the automobile industry has further enhanced the growth of the market. The increasing adoption of electric and hydraulic technologies in actuators has created driving demand for these devices. This factor has increased the sales in the market. The study of mechanical technologies in the context of smart devices is creating increased demand within the global actuator market.

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Increasing Adoption of Automatic Systems in Vehicles

Actuators in the automatic system run on the basis of the input provided by the sensor. The growing adoption of automatic systems in vehicles is expected to drive the demand for actuators. The rising popularity of automatic systems and engine downsizing in vehicles is boosting the actuator market for automotive. There is a high rate of adoption of automated feature in modern vehicles. Moreover, now, automated door lock and window lock systems are popularly used in vehicles across the globe. Stringent emission norms are a key factor that is prompting manufacturers to downsize the engine. Actuators are required in vehicles to improve the performance and proper functioning of vehicles after engine downsizing. The emergence of autonomous vehicles is also driving the demand for actuators vehicles. Every system of the vehicle is expected to run automatically, and this is implemented with the help of actuator.

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Significant Presence of Manufacturers in Global Actuator Market

The rise in the number of manufacturers of actuators are driving the market. This trend is expected to cause visible shifts in narratives around actuators and other technologies. The global actuator market is expected to expand, along with engineering technologies, automobile design, and utility studies. Actuator manufacturers are likely to witness growth opportunities in order to provide actuators for electric vehicles, as the demand for electric vehicles is expected to increase during the forecast period. Most actuators other than the drivetrain actuators are expected to remain the same even for electric vehicles with minor changes, due to the availability of power in different form and range.

The rising applications of actuators in heavy machineries used in various automotive and automobile industries has also driven demand for actuators in the global market. The mechanical enhancement in electronic and automotive manufacturing is gaining attraction across the world. In addition, the relevance of new types of actuators that are applicable to the domain of electronic engineering has also witnessed a surge in demand.

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Revenue Streams Open Up for Manufacturers Operating in Asia Pacific

The consistent demand for vehicles in developing countries of Asia Pacific is a major factor driving the expansion of the actuator market. The rising production of vehicles in the region, along with the availability of required resources in affordable prices, is a factor contributing to the market growth in the region. The rapidly rising sales of vehicles due to the increasing disposable income of society has always been a major factor for investments by large manufacturers in the region. The rise in the number of on-road vehicles in Asia Pacific, along with lucrative presence of manufacturers in the automobile industry, is accelerating the market in the region.

Actuator Market: Overview

  • Rise in the demand for safety and comfort in vehicles is estimated to fuel the demand for advanced systems in vehicles during the forecast period
  • Growing vehicle manufacturer preference toward vehicle safety is likely to increase the integration of advanced safety and comfort features in vehicles, which, in turn, is likely to increase an integration of actuators in vehicles

Drivers of Actuator Market

  • Vehicle safety regulations and vehicle standards mandated by government & regulatory authorities are prompting automakers to install safety systems in their vehicles, thereby driving the actuator market across the globe
  • Rising demand for in-vehicle comfort systems, attributed to rise in demand for a luxurious and comfortable ride, is anticipated to propel the actuators market. Rising demand for comfort systems is prompting automakers to provide vehicle systems such as power windows, sunroof systems, and HVAC systems. These systems are controlled by actuators. This, in turn, is likely to boost the demand for actuator during the forecast period.

Challenges for Actuator Market

  • Electric actuators tend to overheat, owing to continuous operation and extreme changes in operating cycle; however, this is rare, and in turn, may damage the electric components in the actuators. Electric actuators are susceptible to operating environment. Therefore, unlike pneumatic actuators, they cannot work in hazardous environment.
  • Rapid spread of the pandemic led to the shutdown of designing and manufacturing facilities, which hampered vehicle production processes. Moreover, disruption of transportation channels and supply chain led to a shortage of raw material supply that is required for vehicle manufacturing and integration of technology in vehicles. This is likely to pose a challenge for the actuator market.

Actuator Market Segmentation

  • The global actuator market has been segmented based on actuator type, motion, vehicle type, application, sales channel, and region
  • Based on actuator type, the electric actuator segment dominated the global actuator market, in terms of revenue, in 2020. Electric actuators have high speed and hence, are extensively utilized in automotive applications. Hydraulic actuator and pneumatic actuator segments also held notable share of the market and are driving the demand for actuators significantly.
  • Based on vehicle type, the passenger vehicle segment dominated the global actuator market, in terms of revenue, in 2020. High demand for SUVs, crossovers, and hatchbacks is driving the passenger vehicle segment, thereby boosting the actuator market. Rising buying power and preference for private transport are further propelling the passenger vehicle segment of the actuator market.

Actuator Market: Regional Analysis

  • Based on region, the global actuator market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
  • Europe and Asia Pacific held major share of the global actuator market, in terms of revenue, in 2020, as these regions are home to major vehicle manufacturers and tier-1 suppliers, including Robert Bosch GmbH and Continental AG who have advanced research and development facilities, which helps fuel the use of actuators. Moreover, automakers in these regions are focusing on the development of more comfort and safety features in their vehicles, which in turn is anticipated to drive the actuator market. Rapid expansion of small- and medium-scale industries across the globe is likely to propel the global actuator market.

Actuator Market: Competition Landscape

  • Key players operating in the global actuator market include,
    • ZF Friedrichshafen AG
    • HELLA KGaA
    • Continental AG
    • Denso Corporation
    • Robert Bosch GmbH
    • Delphi Automotive plc
    • Hitachi Automotive Systems Ltd
    • Magna International
    • Borg Warner Inc.
    • Johnson Electric
    • MAHLE GmbH
    • Mitsubishi Corporation
    • Nidec Motors & Actuators
  • Major players that are operating in global actuator market are focusing on expansion of their market share by engaging in collaborations, partnerships, and by mergers & acquisition. All major manufacturers are seeking collaborations with OEMs and Tier 1 manufacturers in order to develop new-age actuators with higher precision. Moreover, manufacturers are highly focused on emerging markets for the actuator in order to consolidate their position in that particular region/country.

Actuator Market Snapshot

Attribute

Detail

Market Value in 2020

US$ 40.30 Bn

Market Value in 2031

US$ 86.59 Bn

Growth Rate (CAGR)

7.20%

Forecast Period

2021-2031

Quantitative Units

Units for Volume and US$ Bn for Value

Research Scope

The report covers regional and global actuator market revenue along with key factors influencing the market

Report Coverage

It includes Executive Summary, Market Overview, Global Market, Regional Market, and Competition Landscape.

Format

Electronic (PDF)

Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Countries Covered
  • U. S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • East Europe
  • Rest of Europe
  • China
  • India
  • Japan
  • South Korea
  • ASEAN Countries
  • Rest of APAC
  • GCC Countries
  • Turkey
  • South Africa
  • Rest of Middle East & Africa
  • Brazil
  • Mexico
  • Rest of Latin America

Market Segmentation
  • Actuator Type
  • Motion
  • Vehicle Type
  • Application
  • Sales Channel
  • Region

Companies Profiled
  • ZF Friedrichshafen AG
  • HELLA KGaA
  • Continental AG
  • Denso Corporation
  • Robert Bosch GmbH
  • Delphi Automotive plc
  • Hitachi Automotive Systems Ltd
  • Magna International
  • Borg Warner Inc.
  • Johnson Electric
  • MAHLE GmbH
  • Mitusbishi Corporation
  • Nidec Motors & Actuators
  • Others

Customization Scope

Available upon Request

Pricing

Available upon Request

Actuator Market – Segmentation

This report on the actuator market provides information on the basis of actuator type, motion, vehicle type, application, sales channel, and region.

Actuator Type
  • Electric Actuator
  • Hydraulic Actuator
  • Pneumatic Actuator
  • Mechanical Actuator
Motion
  • Linear
  • Rotary
Vehicle Type
  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Duty Trucks
  • Bus & Coaches
Application
  • Variable Valve Technology
  • Turbocharger
  • Coolant and Refrigerant System
  • Brake System
  • Adaptive Headlamp
  • Others
Sales Channel
  • OEM
  • Aftermarket
Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

This study also discusses underlying trends and impact of various factors that are driving the actuator market, along with their influence on the evolution of the market

This study also offers Porter’s Five Point Analysis, value chain analysis, regulatory scenario, and SWOT analysis of the actuator market, in order to elaborate the crucial growth tactics and opportunities for market players contributing to the market.

Frequently Asked Questions

What is the anticipated CAGR of the Actuator Market in the forecast period?

Actuator Market to expand at a CAGR of 7.20% during the forecast period 2031

Who are the key players in the global Actuator Market? 

Prominent players operating in the global actuator market include ZF Friedrichshafen AG, HELLA KGaA, Continental AG, Denso Corporation, Robert Bosch GmbH, Delphi Automotive plc, Hitachi Automotive Systems Ltd, Magna International, Borg Warner Inc., Johnson Electric, MAHLE GmbH, Mitusbishi Corporation, Nidec Motors & Actuators, and others.

What is the total market worth of Actuator Market?

Actuator Market Likely To Surpass US$ 86.59 Bn By 2031

Which region has highest growth in Actuator Market?

Asia Pacific and Europe is estimated to show prominent growth in the Actuator Market

What are the key driving factors for the growth of the Actuator Market?

The growing adoption of automatic systems in vehicles is expected to drive the demand for actuators. The rising popularity of automatic systems and engine downsizing in vehicles is boosting the actuator market for automotive. 

    1. Executive Summary: Global Actuator Market

        1.1. Global Actuator Market Volume (Units) Value (US$ Mn), 2017‒2031

    2. Market Overview

        2.1. Introduction

        2.2. Market Dynamics

            2.2.1. Drivers

            2.2.2. Restraints

            2.2.3. Opportunity

        2.3. Market Factor Analysis

            2.3.1. Porter’s Five Force Analysis

            2.3.2. Value Chain Analysis

                2.3.2.1. List of Key Manufacturers

                2.3.2.2. List of Customers

                2.3.2.3. Level of Integration

            2.3.3. SWOT Analysis

        2.4. Regulatory Scenario

        2.5. Key Industry Development

        2.6. Key Industry Trends

        2.7. COVID-19 Impact Analysis

    3. Global Actuator Market Analysis and Forecast, by Actuator Type

        3.1. Definition

        3.2. Market Snapshot

        3.3. Global Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Actuator Type, 2017‒2031

            3.3.1. Electric Actuator

            3.3.2. Hydraulic Actuator

            3.3.3. Pneumatic Actuator

            3.3.4. Mechanical Actuator

    4. Global Actuator Market Analysis and Forecast, by Motion

        4.1. Definition

        4.2. Market Snapshot

        4.3. Global Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Motion, 2017‒2031

            4.3.1. Linear

            4.3.2. Rotary

    5. Global Actuator Market Analysis and Forecast, by Vehicle Type

        5.1. Definition

        5.2. Market Snapshot

        5.3. Global Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

            5.3.1. Passenger Vehicle

            5.3.2. Light Commercial Vehicle

            5.3.3. Heavy Duty Trucks

            5.3.4. Bus & Coaches

    6. Global Actuator Market Analysis and Forecast, by Application

        6.1. Definition

        6.2. Market Snapshot

        6.3. Global Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Application, 2017‒2031

            6.3.1. Variable Valve Technology

            6.3.2. Turbocharger

            6.3.3. Coolant & Refrigerant System

            6.3.4. Brake System

            6.3.5. Adaptive Headlamp

            6.3.6. Others

    7. Global Actuator Market Analysis and Forecast, by Sales Channel

        7.1. Definition

        7.2. Market Snapshot

        7.3. Global Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Sales Channel, 2017‒2031

            7.3.1. OEM

            7.3.2. Aftermarket

    8. Global Actuator Market Analysis and Forecast, by Region

        8.1. Market Snapshot

        8.2. Global Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Region, 2017‒2031

            8.2.1. North America

            8.2.2. Europe

            8.2.3. Asia Pacific

            8.2.4. Middle East & Africa

            8.2.5. South America

    9. North America Actuator Market Volume (Units) Value (US$ Mn) Forecast, 2017‒2031

        9.1. Market Snapshot

        9.2. North America Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Actuator Type

            9.2.1. Electric Actuator

            9.2.2. Hydraulic Actuator

            9.2.3. Pneumatic Actuator

            9.2.4. Mechanical Actuator

        9.3. North America Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Motion

            9.3.1. Linear

            9.3.2. Rotary

        9.4. North America Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Vehicle Type

            9.4.1. Passenger Vehicle

            9.4.2. Light Commercial Vehicle

            9.4.3. Heavy Duty Trucks

            9.4.4. Bus & Coaches

        9.5. North America Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Application

            9.5.1. Variable Valve Technology

            9.5.2. Turbocharger

            9.5.3. Coolant & Refrigerant System

            9.5.4. Brake System

            9.5.5. Adaptive Headlamp

            9.5.6. Others

        9.6. North America Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Sales Channel

            9.6.1. OEM

            9.6.2. Aftermarket

        9.7. North America Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Country

            9.7.1. U.S.

            9.7.2. Canada

            9.7.3. Mexico

    10. Europe Actuator Market Volume (Units) Value (US$ Mn) Forecast, 2017‒2031

        10.1. Market Snapshot

        10.2. Europe Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Actuator Type

            10.2.1. Electric Actuator

            10.2.2. Hydraulic Actuator

            10.2.3. Pneumatic Actuator

            10.2.4. Mechanical Actuator

        10.3. Europe Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Motion

            10.3.1. Linear

            10.3.2. Rotary

        10.4. Europe Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Vehicle Type

            10.4.1. Passenger Vehicle

            10.4.2. Light Commercial Vehicle

            10.4.3. Heavy Duty Trucks

            10.4.4. Bus & Coaches

        10.5. Europe Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Application

            10.5.1. Variable Valve Technology

            10.5.2. Turbocharger

            10.5.3. Coolant & Refrigerant System

            10.5.4. Brake System

            10.5.5. Adaptive Headlamp

            10.5.6. Others

        10.6. Europe Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Sales Channel

            10.6.1. OEM

            10.6.2. Aftermarket

        10.7. Europe Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Country and Sub-region

            10.7.1. Germany

            10.7.2. U.K.

            10.7.3. France

            10.7.4. Italy

            10.7.5. Spain

            10.7.6. Nordic Countries

            10.7.7. Russia & CIS

            10.7.8. Rest of Europe

    11. Asia Pacific Actuator Market Volume (Units) Value (US$ Mn) Forecast, 2017‒2031

        11.1. Market Snapshot

        11.2. Asia Pacific Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Actuator Type

            11.2.1. Electric Actuator

            11.2.2. Hydraulic Actuator

            11.2.3. Pneumatic Actuator

            11.2.4. Mechanical Actuator

        11.3. Asia Pacific Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Motion

            11.3.1. Linear

            11.3.2. Rotary

        11.4. Asia Pacific Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Vehicle Type

            11.4.1. Passenger Vehicle

            11.4.2. Light Commercial Vehicle

            11.4.3. Heavy Duty Trucks

            11.4.4. Bus & Coaches

        11.5. Asia Pacific Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Application

            11.5.1. Variable Valve Technology

            11.5.2. Turbocharger

            11.5.3. Coolant & Refrigerant System

            11.5.4. Brake System

            11.5.5. Adaptive Headlamp

            11.5.6. Others

        11.6. Asia Pacific Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Sales Channel

            11.6.1. OEM

            11.6.2. Aftermarket

        11.7. Asia Pacific Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Country and Sub-region

            11.7.1. China

            11.7.2. India

            11.7.3. ASEAN

            11.7.4. ANZ

            11.7.5. Rest of Asia Pacific

    12. Middle East & Africa Actuator Market Volume (Units) Value (US$ Mn) Forecast, 2017‒2031

        12.1. Market Snapshot

        12.2. Middle East & Africa Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Actuator Type

            12.2.1. Electric Actuator

            12.2.2. Hydraulic Actuator

            12.2.3. Pneumatic Actuator

            12.2.4. Mechanical Actuator

        12.3. Middle East & Africa Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Motion

            12.3.1. Linear

            12.3.2. Rotary

        12.4. Middle East & Africa Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Vehicle Type

            12.4.1. Passenger Vehicle

            12.4.2. Light Commercial Vehicle

            12.4.3. Heavy Duty Trucks

            12.4.4. Bus & Coaches

        12.5. Middle East & Africa Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Application

            12.5.1. Variable Valve Technology

            12.5.2. Turbocharger

            12.5.3. Coolant & Refrigerant System

            12.5.4. Brake System

            12.5.5. Adaptive Headlamp

            12.5.6. Others

        12.6. Middle East & Africa Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Sales Channel

            12.6.1. OEM

            12.6.2. Aftermarket

        12.7. Middle East & Africa Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Country and Sub-region

            12.7.1. GCC

            12.7.2. Turkey

            12.7.3. South Africa

            12.7.4. Rest of Middle East & Africa

    13. South America Actuator Market Volume (Units) Value (US$ Mn) Forecast, 2017‒2031

        13.1. Market Snapshot

        13.2. South America Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Actuator Type

            13.2.1. Electric Actuator

            13.2.2. Hydraulic Actuator

            13.2.3. Pneumatic Actuator

            13.2.4. Mechanical Actuator

        13.3. South America Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Motion

            13.3.1. Linear

            13.3.2. Rotary

        13.4. South America Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Vehicle Type

            13.4.1. Passenger Vehicle

            13.4.2. Light Commercial Vehicle

            13.4.3. Heavy Duty Trucks

            13.4.4. Bus & Coaches

        13.5. South America Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Application

            13.5.1. Variable Valve Technology

            13.5.2. Turbocharger

            13.5.3. Coolant & Refrigerant System

            13.5.4. Brake System

            13.5.5. Adaptive Headlamp

            13.5.6. Others

        13.6. South America Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Sales Channel

            13.6.1. OEM

            13.6.2. Aftermarket

        13.7. South America Actuator Market Volume (Units) Value (US$ Mn) Forecast, by Country and Sub-region

            13.7.1. Brazil

            13.7.2. Argentina

            13.7.3. Rest of South America

    14. Competition Landscape

        14.1. Market Analysis By Company (2020)

        14.2. Market Player – Competition Matrix (By Tier and Size of companies)

        14.3. Key Market Players (Details – Overview, Recent Developments, Strategy)

            14.3.1. ZF Friedrichshafen AG

                14.3.1.1. Overview

                14.3.1.2. Recent Developments

                14.3.1.3. Strategy

            14.3.2. HELLA KGaA

                14.3.2.1. Overview

                14.3.2.2. Recent Developments

                14.3.2.3. Strategy

            14.3.3. Continental AG

                14.3.3.1. Overview

                14.3.3.2. Recent Developments

                14.3.3.3. Strategy

            14.3.4. Denso Corporation

                14.3.4.1. Overview

                14.3.4.2. Recent Developments

                14.3.4.3. Strategy

            14.3.5. Robert Bosch GmbH

                14.3.5.1. Overview

                14.3.5.2. Recent Developments

                14.3.5.3. Strategy

            14.3.6. Delphi Automotive plc

                14.3.6.1. Overview

                14.3.6.2. Recent Developments

                14.3.6.3. Strategy

            14.3.7. Hitachi Automotive Systems Ltd

                14.3.7.1. Overview

                14.3.7.2. Recent Developments

                14.3.7.3. Strategy

            14.3.8. Magna International

                14.3.8.1. Overview

                14.3.8.2. Recent Developments

                14.3.8.3. Strategy

            14.3.9. Borg Warner Inc.

                14.3.9.1. Overview

                14.3.9.2. Recent Developments

                14.3.9.3. Strategy

            14.3.10. Johnson Electric

                14.3.10.1. Overview

                14.3.10.2. Recent Developments

                14.3.10.3. Strategy

            14.3.11. MAHLE GmbH

                14.3.11.1. Overview

                14.3.11.2. Recent Developments

                14.3.11.3. Strategy

            14.3.12. Mitusbishi Corporation

                14.3.12.1. Overview

                14.3.12.2. Recent Developments

                14.3.12.3. Strategy

            14.3.13. Nidec Motors & Actuators

                14.3.13.1. Overview

                14.3.13.2. Recent Developments

                14.3.13.3. Strategy

            14.3.14. Others

    List of Tables

    Table 1: Global Actuator Market Volume (Units) Forecast, by Actuator Type, 2017‒2031

    Table 2: Global Actuator Market Value (US$ Mn) Forecast, by Actuator Type, 2017‒2031

    Table 3: Global Actuator Market Volume (Units) Forecast, by Motion, 2017‒2031

    Table 4: Global Actuator Market Value (US$ Mn) Forecast, by Motion, 2017‒2031

    Table 5: Global Actuator Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Table 6: Global Actuator Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Table 7: Global Actuator Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 8: Global Actuator Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 9: Global Actuator Market Volume (Units) Forecast, by Sales Channel, 2017‒2031

    Table 10: Global Actuator Market Value (US$ Mn) Forecast, by Sales Channel, 2017‒2031

    Table 11: Global Actuator Market Volume (Units) Forecast, by Region, 2017‒2031

    Table 12: Global Actuator Market Value (US$ Mn) Forecast, by Region, 2017‒2031

    Table 13: North America Actuator Market Volume (Units) Forecast, by Actuator Type, 2017‒2031

    Table 14: North America Actuator Market Value (US$ Mn) Forecast, by Actuator Type, 2017‒2031

    Table 15: North America Actuator Market Volume (Units) Forecast, by Motion, 2017‒2031

    Table 16: North America Actuator Market Value (US$ Mn) Forecast, by Motion, 2017‒2031

    Table 17: North America Actuator Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Table 18: North America Actuator Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Table 19: North America Actuator Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 20: North America Actuator Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 21: North America Actuator Market Volume (Units) Forecast, by Sales Channel, 2017‒2031

    Table 22: North America Actuator Market Value (US$ Mn) Forecast, by Sales Channel, 2017‒2031

    Table 23: North America Actuator Market Volume (Units) Forecast, by Country, 2017‒2031

    Table 24: North America Actuator Market Value (US$ Mn) Forecast, by Country, 2017‒2031

    Table 25: Europe Actuator Market Volume (Units) Forecast, by Actuator Type, 2017‒2031

    Table 26: Europe Actuator Market Value (US$ Mn) Forecast, by Actuator Type, 2017‒2031

    Table 27: Europe Actuator Market Volume (Units) Forecast, by Motion, 2017‒2031

    Table 28: Europe Actuator Market Value (US$ Mn) Forecast, by Motion, 2017‒2031

    Table 29: Europe Actuator Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Table 30: Europe Actuator Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Table 31: Europe Actuator Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 32: Europe Actuator Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 33: Europe Actuator Market Volume (Units) Forecast, by Sales Channel, 2017‒2031

    Table 34: Europe Actuator Market Value (US$ Mn) Forecast, by Sales Channel, 2017‒2031

    Table 35: Europe Actuator Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

    Table 36: Europe Actuator Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

    Table 37: Asia Pacific Actuator Market Volume (Units) Forecast, by Actuator Type, 2017‒2031

    Table 38: Asia Pacific Actuator Market Value (US$ Mn) Forecast, by Actuator Type, 2017‒2031

    Table 39: Asia Pacific Actuator Market Volume (Units) Forecast, by Motion, 2017‒2031

    Table 40: Asia Pacific Actuator Market Value (US$ Mn) Forecast, by Motion, 2017‒2031

    Table 41: Asia Pacific Actuator Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Table 42: Asia Pacific Actuator Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Table 43: Asia Pacific Actuator Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 44: Asia Pacific Actuator Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 45: Asia Pacific Actuator Market Volume (Units) Forecast, by Sales Channel, 2017‒2031

    Table 46: Asia Pacific Actuator Market Value (US$ Mn) Forecast, by Sales Channel, 2017‒2031

    Table 47: Asia Pacific Actuator Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

    Table 48: Asia Pacific Actuator Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

    Table 49: Middle East & Africa Actuator Market Volume (Units) Forecast, by Actuator Type, 2017‒2031

    Table 50: Middle East & Africa Actuator Market Value (US$ Mn) Forecast, by Actuator Type, 2017‒2031

    Table 51: Middle East & Africa Actuator Market Volume (Units) Forecast, by Motion, 2017‒2031

    Table 52: Middle East & Africa Actuator Market Value (US$ Mn) Forecast, by Motion, 2017‒2031

    Table 53: Middle East & Africa Actuator Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Table 54: Middle East & Africa Actuator Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Table 55: Middle East & Africa Actuator Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 56: Middle East & Africa Actuator Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 57: Middle East & Africa Actuator Market Volume (Units) Forecast, by Sales Channel, 2017‒2031

    Table 58: Middle East & Africa Actuator Market Value (US$ Mn) Forecast, by Sales Channel, 2017‒2031

    Table 59: Middle East & Africa Actuator Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

    Table 60: Middle East & Africa Actuator Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

    Table 61: South America Actuator Market Volume (Units) Forecast, by Actuator Type, 2017‒2031

    Table 62: South America Actuator Market Value (US$ Mn) Forecast, by Actuator Type, 2017‒2031

    Table 63: South America Actuator Market Volume (Units) Forecast, by Motion, 2017‒2031

    Table 64: South America Actuator Market Value (US$ Mn) Forecast, by Motion, 2017‒2031

    Table 65: South America Actuator Market Volume (Units) Forecast, by Vehicle Type, 2017‒2031

    Table 66: South America Actuator Market Value (US$ Mn) Forecast, by Vehicle Type, 2017‒2031

    Table 67: South America Actuator Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 68: South America Actuator Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 69: South America Actuator Market Volume (Units) Forecast, by Sales Channel, 2017‒2031

    Table 70: South America Actuator Market Value (US$ Mn) Forecast, by Sales Channel, 2017‒2031

    Table 71: South America Actuator Market Volume (Units) Forecast, by Country and Sub-region, 2017‒2031

    Table 72: South America Actuator Market Value (US$ Mn) Forecast, by Country and Sub-region, 2017‒2031

    List of Figures

    Figure 1: Global Actuator Market Value (US$ Mn) Projection, by Actuator Type, 2017‒2031

    Figure 2: Global Actuator Market, US$ Mn, Incremental Opportunity, by Actuator Type, 2021‒2031

    Figure 3: Global Actuator Market Value (US$ Mn) Projection, by Motion, 2017‒2031

    Figure 4: Global Actuator Market, US$ Mn, Incremental Opportunity, by Motion, 2021‒2031

    Figure 5: Global Actuator Market Value (US$ Mn) Projection, by Vehicle Type, 2017‒2031

    Figure 6: Global Actuator Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021‒2031

    Figure 7: Global Actuator Market Value (US$ Mn) Projection, by Application, 2017‒2031

    Figure 8: Global Actuator Market, US$ Mn, Incremental Opportunity, by Application, 2021‒2031

    Figure 9: Global Actuator Market Value (US$ Mn) Projection, by Sales Channel, 2017‒2031

    Figure 10: Global Actuator Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021‒2031

    Figure 11: Global Actuator Market Value (US$ Mn) Projection by Region, 2017‒2031

    Figure 12: Global Actuator Market, US$ Mn, Incremental Opportunity, by Region, 2021‒2031

    Figure 13: North America Actuator Market Value (US$ Mn) Projection, by Actuator Type, 2017‒2031

    Figure 14: North America Actuator Market, US$ Mn, Incremental Opportunity, by Actuator Type, 2021‒2031

    Figure 15: North America Actuator Market Value (US$ Mn) Projection, by Motion, 2017‒2031

    Figure 16: North America Actuator Market, US$ Mn, Incremental Opportunity, by Motion, 2021‒2031

    Figure 17: North America Actuator Market Value (US$ Mn) Projection, by Vehicle Type, 2017‒2031

    Figure 18: North America Actuator Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021‒2031

    Figure 19: North America Actuator Market Value (US$ Mn) Projection, by Application, 2017‒2031

    Figure 20: North America Actuator Market, US$ Mn, Incremental Opportunity, by Application, 2021‒2031

    Figure 21: North America Actuator Market Value (US$ Mn) Projection, by Sales Channel, 2017‒2031

    Figure 22: North America Actuator Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021‒2031

    Figure 23: North America Actuator Market Value (US$ Mn) Projection by Country, 2017‒2031

    Figure 24: North America Actuator Market, US$ Mn, Incremental Opportunity, by Country, 2021‒2031

    Figure 25: Europe Actuator Market Value (US$ Mn) Projection, by Actuator Type, 2017‒2031

    Figure 26: Europe Actuator Market, US$ Mn, Incremental Opportunity, by Actuator Type, 2021‒2031

    Figure 27: Europe Actuator Market Value (US$ Mn) Projection, by Motion, 2017‒2031

    Figure 28: Europe Actuator Market, US$ Mn, Incremental Opportunity, by Motion, 2021‒2031

    Figure 29: Europe Actuator Market Value (US$ Mn) Projection, by Vehicle Type, 2017‒2031

    Figure 30: Europe Actuator Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021‒2031

    Figure 31: Europe Actuator Market Value (US$ Mn) Projection, by Application, 2017‒2031

    Figure 32: Europe Actuator Market, US$ Mn, Incremental Opportunity, by Application, 2021‒2031

    Figure 33: Europe Actuator Market Value (US$ Mn) Projection, by Sales Channel, 2017‒2031

    Figure 34: Europe Actuator Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021‒2031

    Figure 35: Europe Actuator Market Value (US$ Mn) Projection by Country and Sub-region, 2017‒2031

    Figure 36: Europe Actuator Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021‒2031

    Figure 37: Asia Pacific Actuator Market Value (US$ Mn) Projection, by Actuator Type, 2017‒2031

    Figure 38: Asia Pacific Actuator Market, US$ Mn, Incremental Opportunity, by Actuator Type, 2021‒2031

    Figure 39: Asia Pacific Actuator Market Value (US$ Mn) Projection, by Motion, 2017‒2031

    Figure 40: Asia Pacific Actuator Market, US$ Mn, Incremental Opportunity, by Motion, 2021‒2031

    Figure 41: Asia Pacific Actuator Market Value (US$ Mn) Projection, by Vehicle Type, 2017‒2031

    Figure 42: Asia Pacific Actuator Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021‒2031

    Figure 43: Asia Pacific Actuator Market Value (US$ Mn) Projection, by Application, 2017‒2031

    Figure 44: Asia Pacific Actuator Market, US$ Mn, Incremental Opportunity, by Application, 2021‒2031

    Figure 45: Asia Pacific Actuator Market Value (US$ Mn) Projection, by Sales Channel, 2017‒2031

    Figure 46: Asia Pacific Actuator Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021‒2031

    Figure 47: Asia Pacific Actuator Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021‒2031

    Figure 48: Middle East & Africa Actuator Market Value (US$ Mn) Projection, by Actuator Type, 2017‒2031

    Figure 49: Middle East & Africa Actuator Market, US$ Mn, Incremental Opportunity, by Actuator Type, 2021‒2031

    Figure 50: Middle East & Africa Actuator Market Value (US$ Mn) Projection, by Motion, 2017‒2031

    Figure 51: Middle East & Africa Actuator Market, US$ Mn, Incremental Opportunity, by Motion, 2021‒2031

    Figure 52: Middle East & Africa Actuator Market Value (US$ Mn) Projection, by Vehicle Type, 2017‒2031

    Figure 53: Middle East & Africa Actuator Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021‒2031

    Figure 54: Middle East & Africa Actuator Market Value (US$ Mn) Projection, by Application, 2017‒2031

    Figure 55: Middle East & Africa Actuator Market, US$ Mn, Incremental Opportunity, by Application, 2021‒2031

    Figure 56: Middle East & Africa Actuator Market Value (US$ Mn) Projection, by Sales Channel, 2017‒2031

    Figure 57: Middle East & Africa Actuator Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021‒2031

    Figure 58: Middle East & Africa Actuator Market Value (US$ Mn) Projection by Country and Sub-region, 2017‒2031

    Figure 59: Middle East & Africa Actuator Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021‒2031

    Figure 60: South America Actuator Market Value (US$ Mn) Projection, by Actuator Type, 2017‒2031

    Figure 61: South America Actuator Market, US$ Mn, Incremental Opportunity, by Actuator Type, 2021‒2031

    Figure 62: South America Actuator Market Value (US$ Mn) Projection, by Motion, 2017‒2031

    Figure 63: South America Actuator Market, US$ Mn, Incremental Opportunity, by Motion, 2021‒2031

    Figure 64: South America Actuator Market Value (US$ Mn) Projection, by Vehicle Type, 2017‒2031

    Figure 65: South America Actuator Market, US$ Mn, Incremental Opportunity, by Vehicle Type, 2021‒2031

    Figure 66: South America Actuator Market Value (US$ Mn) Projection, by Application, 2017‒2031

    Figure 67: South America Actuator Market, US$ Mn, Incremental Opportunity, by Application, 2021‒2031

    Figure 68: South America Actuator Market Value (US$ Mn) Projection, by Sales Channel, 2017‒2031

    Figure 69: South America Actuator Market, US$ Mn, Incremental Opportunity, by Sales Channel, 2021‒2031

    Figure 70: South America Actuator Market Value (US$ Mn) Projection by Country and Sub-region, 2017‒2031

    Figure 71: South America Actuator Market, US$ Mn, Incremental Opportunity, by Country and Sub-region 2021‒2031

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