Automotive Electric Actuators Market Size, By Vehicle, By Type, By Application, By Sales Channel, Share, Growth Forecast, 2025 - 2034

Report ID: GMI12631
   |
Published Date: December 2024
 | 
Report Format: PDF

Download Free PDF

Automotive Electric Actuators Market Size

The global automotive electric actuators market was valued at USD 25.7 billion in 2024 and is projected to grow at a CAGR of 6.1% between 2025 and 2034. The booming market of electric vehicles has increased the adoption of automotive electric actuators. Since governments around the world are enforcing stringent emission regulations for car manufacturers, the use of electric actuators has risen as they improve energy efficiency and lower carbon footprints.
 

Automotive Electric Actuators Market

Such actuators perfectly function in vehicle systems completing the duties of throttle control, regenerative braking, active aerodynamics, and much more. The innovation of autonomous vehicles has also increased demand for dependable actuator systems which are able to perform important vehicle functions. The market for electric actuators has also been boosted by the globalization demand for parts which are lightweight and able to save power.

In 2023, the GMI hybrid electric vehicle conversion kit was valued at USD 344.3 million and is projected to grow at a CAGR rate of 15% from between 2024 and 2032. More countries are making the switch to hybrid and electric vehicles, which will result in a higher demand for automotive electric actuators that cater to the production of EVs.
 

An increase in the need for advanced driver-assistance systems (ADAS) has also accelerated the growth of the automotive actuators market. Despite having adaptive cruise controls and parking assist, it is the actuators which control the subsystems of the vehicle. 
 

Due to the elevation is safety requirements and comfort expectations by the consumers, these systems are easily starting to become a requirement for modern cars. The inclusion of safety rules requiring endorsements in vehicles increases the use of actuators in the ADAS systems too.
 

Automotive Electric Actuators Market Trends

The act-by-wire systems and brake-by-wire systems are possible innovations in the automotive industry and are evolving due to the need for more efficient, flexible, and safer vehicle designs. Such systems remove traditional mechanical linkages, replacing them with electronic controls which in turn allow more flexibility in designs due to the reduced weight and increased precision. In order to boost braking function, the mechanical components are substituted with Electronic signals using the brake-by-wire technology. The steer by wire and other act by wire technologies allow for individualized experiences, hence why they are desired for electric and autonomous cars.
 

With these systems, the reduction in the weight of vehicles is achieved, as well as making safety features better and advancing functionality such as autonomous driving. Hence, as these systems gain acceptance among consumers, they are anticipated to be at the core of the changes that electric cars and autonomous cars are going to bring.
 

As an illustration, Bosch’s Vehicle Motion Management division was able to start up in the year, January of 2024. This division embraces all matters concerning the aspects of braking, steering, motion software, occupant protection systems, and vehicle dynamics sensors. Such division has remarkable products such as act-by-wire and brake-by-wire systems.
 

This invention changes the way people drive, first creating a more secure vehicle, more comfortable for the user, and making the vehicle more efficient. Notable innovations include Vehicle Motion Management software, which is meant to control the movement of a vehicle in six different degrees of freedom, eBrake to Zero for smooth braking, and various scratch and data-based services for hazard detection.
 

In the Bosch Vehicle Motion Management Division, Bosch recalls the need for actuators in order to improve vehicle dynamics, safety, and comfort. The division employs diverse actuators, which include act-by-wire and brake-by-wire systems that eliminate traditional mechanical linkages with electronic signal lines. With these actuators, it becomes possible to accurately manage and control such functions of the vehicle as steering, braking, and suspension.
 

One significant barrier to growth in the automotive electric actuators market is the cost of integration and complexity associated with it. The advanced electric actuators, brake-by-wire and act-by-wire systems, among others, are required to be incorporated but demand substantial costs in research, development, and unique production. Moreover, it is hard to integrate the systems within the vehicle, as it has to be able to work with multiple vehicle parts, sensors, and software controllers.
 

Most importantly, the price of such technologies is high, thus stifling their adoption, especially in mass-market vehicles. To stay within cost or to keep things affordable for the customers, this problem comes into the limelight for most automakers as they try to push new solutions in their vehicles?.
 

Automotive Electric Actuators Market Analysis

Automotive Electric Actuators Market, By Vehicle, 2022 - 2034 (USD Billion)
  • Based on the vehicle, the market is segmented into passenger and commercial vehicles. In 2024, the passenger segment accounted for over 80% of the automotive electric actuators market share and is expected to exceed USD 35 billion by 2034. Passenger cars are the most frequently occupied vehicles, and as such, it is these vehicles that have encouraged the demand for automotive electric actuators.
     
  • These vehicles require add-ons for the drivers and even for the comfort of the passengers inside the car. As the manufacturers target electric and self-drivable cars, the need for reliability and accurate actuators is on a thinner end, where necessary functions such as braking and steering drive the demand. Moreover, cutting-edge technologies that provide a smoother experience in terms of performance and efficiency benefit the passenger cars directly, enhancing their overall value.
     
  • In addition, the large population of passenger vehicles manufactured globally provides actuator manufacturers with considerable opportunities, establishing economies of scale, which ensures dominance in the market. Besides, the development and integration of advanced driver assistance systems (ADAS) and vehicle motion management systems in passenger cars help to increase the share of actuators in this particular market segment?.

 

Automotive Electric Actuators Market Revenue Share, By Sales Channel, 2024
  • Based on the sales channel, the automotive electric actuators market is divided into OEM and aftermarket. The OEM segment held above 85% of the market share in 2024. OEMs hold a strong dominance in the market owing to the integration of complex actuator systems into vehicles, positioning themselves as the main producers. They are well-positioned to invest significantly in technology for the research and development of pace-setting technologies such as Act-by-Wire or Brake-by-Wire systems. Furthermore, they have well-established networks with top suppliers and also involve the regulatory bodies in the process, resulting in a straightforward process that involves the incorporation of the technologies into vehicles set for production.
     
  • Moreover, they are pivotal in developing new technologies and establishing industry requirements needed to make vehicles more secure, efficient, and comfortable for consumers. Their capacity to manufacture a high number of automobiles means that the cost for each actuator drops. Given the rising popularity of EVs and self-driving functionalities, the OEMs have an advantageous position as the leaders in the market since they are the first to accept and integrate such developments.

 

China Automotive Electric Actuators Market Size, 2022- 2034 (USD Billion)
  • In 2024, the China accounted for a automotive electric actuators market share of above 60% in Asia Pacific and is expected to exceed USD 10 billion by 2034. Because of its extensive manufacturing infrastructure, rapid acceptance of EVs, and considerable government assistance for green technologies, China leads the market for automotive electric actuators. It has some of the biggest manufacturers and suppliers of automobiles in the world, making mass manufacturing and development in actuator technologies possible.
     
  • Moreover, the engagement of China in electric car development as well as the promotion of autonomous vehicle technologies has increased the market for more advanced actuator systems. Resources and cheap labor allow China to boost its position even more, and legislations aimed at emission cuts have increased the markets for electric actuators. Now, Chinese automakers are expanding their presence in foreign markets, reinforcing the country’s market leadership.
     
  • Europe still plays an important role in the automotive electric actuators market, thanks to Germany, France, and the UK, automotive manufacturing and innovation leaders, who create a sizeable market for such actuators.
     
  • The region has opted to go green with cars, thanks to its stringent regulations on emissions and commitment to reducing carbon emissions, which has seen a rise in the demand for high-end actuator systems like Brake-by-Wire and Act-by-Wire. The continent is also increasing the number of fully autonomous vehicles, which will further increase the requirement for elaborate vehicle motion management systems.
     
  • The automotive manufacturers in Europe are progressively integrating these technologies to assist in the improvement of vehicle performance and safety. The European scene is predicted to witness a tranquil expansion along with the support of the surge in technological advancements alongside the policies put in place by the government promoting more hybrid transportation.
     
  • The escalating need for electric cars and technologies for self-driving cars are the two key factors fueling the expansion of the North American automotive electric actuators market. The North American region, especially the United States and Canada, leads the rest of the world in embracing sophisticated automobile technologies, with large amounts of money being spent on the development of electric vehicle systems and green transportation.
     
  • Stringent emission control laws and policies that offer incentives for green technologies fuel this tendency. There is an increasing integration of Act-by-Wire and Brake-by-Wire systems into vehicles in the region by the top auto manufacturers to improve the vehicle’s safety and performance characteristics. As actuators of new designs are constantly evolving, so is the change from mechanical to electrical drivetrains and advanced driverless car systems. North American manufacturers are also working on new technologies that would enhance the dynamics, control, and comfort of the vehicle, which is the reason there is a constant rise noted in the region?.
     

Automotive Electric Actuators Market Share

  • Continental AG, Bosch, and Denso collectively held a substantial market share of over 24% in the automotive electric actuators market in 2024. Continental AG, Bosch, and Denso Corporation hold the maximum shares in the automotive electric actuators market owing to the fact that they have the highest share in electric actuators.
     
  • Continental has been instrumental in the development of sophisticated systems, such as the actuators and the Brake-by-Wire systems that aid in moving from traditional to electric vehicles and automated vehicles. Bosch is the leader in the delivery of solutions that assist in the vehicle’s motion management, which enables the incorporation of cutting-edge driver systems with those used to control the vehicle’s motion. The focus on vehicle electronics and designs and high-end systems for actuators, which are vital for other forms of mobility, is what has allowed Denso to perform extraordinarily well.
     
  • The collaboration with OEMs and their sustainability efforts gives them an edge in the market. Their focus on electric and self-driving technologies guarantees that they will remain on top.
     

Automotive Electric Actuators Market Companies

Major players operating in the automotive electric actuators industry are:

  • BorgWarner
  • Continental
  • Denso
  • Hella
  • Hitachi Astemo
  • Johnson Electric
  • Robert Bosch
  • Schaeffler
  • Valeo
  • ZF Friedrichshafen
     

The growth of the automotive electric actuators market is substantially steered by the need to achieve advanced vehicle automatization and energy efficiency. The OEMs then augment the development of novel and robust integration of lightweight actuators necessary for HVAC, throttle and active grille shutters.
 

Smart actuators fitted with, sensors and connectivity features are emerging, these Leia and help the passively and actively adjust to real time conditions thus optimizing the vehicle and passenger performance and comfort. The trend towards electrification of THVD is increasing and the manufacturers are responding by designing diversifying actuators meant for electric and hybrid vehicles. Commercial engagement with OEMs and global regulatory compliance enable market participants to address the ever increasing needs for eco-friendly high performance automotive solutions.
 

Automotive Electric Actuators Industry News

  • In January 2024, Starting from January 2024, Bosch’s Vehicle Motion Management division has commenced which consolidates braking technology, steering technology, motion software technology, occupant protection systems, and vehicle dynamics sensor technology. This division also provides enhanced solutions such as act-by-wire and brake-by-wire systems that improve safety, comfort, and efficiency while driving. Vehicle Motion Management software for controlling vehicle motion in six degrees of freedom, eBrake to Zero for smooth braking and data-based services for hazard detection are some of the notable innovations. Actuators have been made to enhance vehicle dynamics, safety, and comfort in Bosch’s Vehicle Motion Management division.
     
  • In October 2023, Continental’s ATE Electronic Parking Brake Actuators offer a cost-effective solution by allowing technicians to replace only the faulty actuator, rather than the entire brake caliper. This approach saves time and money for both technicians and customers, particularly when the caliper remains in good condition. The actuators are available for popular European models, including Audi, BMW, and Mercedes-Benz, covering over 5 million vehicles in North America. This innovative solution provides a faster and more affordable repair process. Continental, with its ATE brand, continues to leverage its history of brake system innovations to improve vehicle maintenance.
     

The automotive electric actuators market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and volume (Units) from 2021 to 2034, for the following segments:

Market, By Type

  • Linear actuators
  • Rotary actuators

Market, By Application

  • Throttle
  • Brake
  • HVAC
  • Headlight
  • EGR
  • Door lock
  • Power seat
  • Sunroof
  • Mirror

Market, By Vehicle

  • Passenger vehicles
    • Hatchback
    • Sedan
    • SUV
  • Commercial vehicles
    • Light Commercial Vehicles (LCV)
    • Heavy Commercial Vehicles (HCV)

Market, By Sales Channel

  • OEM
  • Aftermarket

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Nordics
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ANZ
    • Southeast Asia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

Authors: Preeti Wadhwani, Satyam Jaiswal
Frequently Asked Question(FAQ) :
Who are the major players in the automotive electric actuators industry?
The key players in the industry include BorgWarner, Continental, Denso, Hella, Hitachi Astemo, Johnson Electric, Robert Bosch, Schaeffler, Valeo, and ZF Friedrichshafen.
How significant is China's role in the automotive electric actuators market?
How big is the global automotive electric actuators market?
What is the market share of the passenger segment in the automotive electric actuators industry?
Automotive Electric Actuators Market Scope
  • Automotive Electric Actuators Market Size
  • Automotive Electric Actuators Market Trends
  • Automotive Electric Actuators Market Analysis
  • Automotive Electric Actuators Market Share
Related Reports
    Authors: Preeti Wadhwani, Satyam Jaiswal
    Buy Now
    $4,123 $4,850
    15% off
    $4,840 $6,050
    20% off
    $5,845 $8,350
    30% off
        Buy now
    Premium Report Details

    Base Year: 2024

    Companies covered: 20

    Tables & Figures: 200

    Countries covered: 22

    Pages: 180

    Download Free PDF

    Top