Automotive Actuator Market Report

The demand for automated production is increasing to control quality and production costs as the global automobile industry keeps rising. Electric linear actuators are used in many automobile manufacturing processes by several vehicle manufacturers as a result of this enhanced automation. These actuators are used in a variety of vehicle assembly procedures, such as pressing, lifting, elevating, transporting, cutting, bending, and stamping. Fast accuracy, great speed, and high reliability are all features of these actuators. This may be influencing the rate of market growth for electric linear actuators on a global scale.

Automotive actuators are essential for adaptive cruise control and other advanced driving assistance systems (ADAS), including automatic emergency braking and lane centring. With ADAS, sensors or cameras can identify an impending collision or an inattentive driver straying into another lane and alert the ECU, which then sends instructions to actuators that could cut engine power, apply the brakes, or modify steering. Actuators will become even more important to vehicle functioning as manufacturers increase the number of ADAS systems and transition to autonomous driving. Additionally, the rise of self-driving vehicles has increased the demand for automotive actuators. Globally renowned automakers including Tesla, GM, Ford, Toyota, Daimler, and others are striving toward automated and self-driven technology to provide convenience and breakthroughs in driving. Due to the widespread usage of automotive actuators and sensors in the creation of self-driving autonomous cars, it is anticipated that demand for automotive actuators will increase dramatically.

The COVID-19 outbreak, which has had a significant impact on various nations, has had a negative influence on the automation sector. The COVID-19 pandemic has had an unexpected and overwhelming impact on the world, with actuators experiencing a negative demand shock in every location.   Investments in the automation sector had been modest before the pandemic and were expected to be delayed or put on hold for up to a year. Leading American automakers like GM and Ford, For instance, as a result of the COVID-19 pandemic, suffered a 30–40% reduction in sales in 2019 and 2020.

In August 2019, Hella enhanced its electrical knowledge in the context of particular applications. The company expanded its line of products, which now also includes body electronics, driver assistance systems, actuators, sensors, and energy management. The Universal Rotary Actuator (URA) for the agricultural industry is anticipated to be crucial to this development.

In January 2019, Continental declared the ground-breaking of its greenfield powertrain-focused facility in Talegaon, Pune. 30 million euros will be spent on development and infrastructure up to 2020. The construction stage has already started. Beginning in early 2020, various powertrain components for passenger cars, two-wheelers, and commercial vehicles will be produced, including engine management systems, sensors, actuators, and fuel and exhaust management components.

In July 2019, DENSO Corporation and Smiths Manufacturing (Pty) Limited, a joint venture with the goal of marketing aftermarket products and services in Southern Africa, made the announcement that it had been established. Smiths Manufacturing (Pty) Limited is owned by Metair Investments Limited. The largest economy in Africa and the region with the highest rate of car ownership is South Africa. In order to sell repair components and accessories as well as offer services like repairs for passenger cars and commercial vehicles in South Africa and neighbouring nations, DENSO Sales South Africa was established.

In March 2019, BorgWarner revealed their newest generation of cam torque actuators, intelligent cam torque actuation (iCTA), promising improved fuel economy and reduced pollution. In iCTA, the advantages of torsional assist and cam torque actuation are combined. This technology is most likely to debut on a variety of vehicles made by two significant automakers in China and North America.

The largest market is anticipated to be bolster in the Asia Pacific region, followed by Europe and North America. China is anticipated to hold the largest revenue share in the Asia Pacific automotive actuators market. The leading automobile producer in the world, China, is anticipated to be a key contributor in the market's expansion there. Additionally, China has the capacity to create automobile parts in huge quantities and at a reduced cost, giving it a competitive advantage over other nations.