Automotive Electric Actuators Market Size

The global automotive electric actuators market size was valued at USD 25.7 billion in 2024 and is projected to grow at a CAGR of 6.1% between 2025 and 2034, due to the increasing adoption of EVs globally. As governments implement stringent emission regulations and promote EV adoption through incentives, automakers are integrating electric actuators to improve energy efficiency and reduce carbon footprints. These actuators enhance vehicle performance by automating functions such as throttle control, regenerative braking, and active aerodynamics.

Additionally, advancements in autonomous driving systems are creating demand for precise, reliable actuator systems to manage critical vehicle operations. The need for lightweight, energy-efficient components further bolsters the adoption of electric actuators.

For instance, according to GMI Hybrid Electric Vehicle Conversion Kit Market size was valued at USD 344.3 million in 2023 and is estimated to register a CAGR of over 15% between 2024 and 2032. This high rapid transition to hybrid and electric vehicles is anticipated to generate demand for automotive electric actuators that caters to production of EVs in the coming years.

Another driver of the automotive electric actuators market is the growing demand for advanced driver-assistance systems (ADAS). Features like adaptive cruise control, lane-keeping assist, and parking assistance rely heavily on precise and responsive actuators to control vehicle subsystems. These systems are increasingly standard in modern vehicles due to heightened consumer expectations for safety and convenience. As regulatory mandates for vehicle safety continue to rise, the adoption of actuators in ADAS is accelerating.