Get a free sample of Automotive Electric Actuators Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Automotive Electric Actuators Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Automotive Electric Actuators Market Share
Continental AG, Bosch, and Denso collectively held a substantial market share of over 24% in the automotive electric actuators industry in 2024. Continental AG, Bosch, and Denso Corporation dominate the automotive electric actuators market due to their leadership in innovation and extensive product portfolios. Continental is recognized for its advanced act-by-wire and brake-by-wire systems, supporting the transition to electric vehicles and autonomous driving. Bosch leads with its Vehicle Motion Management solutions, integrating advanced driver assistance systems and vehicle dynamics technologies.
Denso excels with its focus on vehicle electronics and high-quality actuator systems, crucial for electric mobility. These companies' deep collaborations with OEMs and commitment to sustainability strengthen their market positions. Their ongoing investments in electrification and autonomous technologies ensure continued dominance in the sector. .
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
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?
China's market accounted for 60% of the revenue share in 2024 and is expected to exceed USD 10 billion by 2034, led by its strong manufacturing base, rapid EV adoption, and substantial government support for green technologies.
What is the market share of the passenger segment in the automotive electric actuators industry?
In 2024, the passenger segment accounted for over 80% of the market share and is expected to exceed USD 35 billion by 2034, due to the widespread use of passenger vehicles and the increasing demand for advanced features like driver assistance systems, comfort enhancements, and safety features.
How big is the global automotive electric actuators market?
The market size of automotive electric actuators reached USD 25.7 billion in 2024 and is set to grow at a 6.1% CAGR from 2025 to 2034, driven by the increasing adoption of electric vehicles (EVs) globally.