PUBLISHER: Renub Research | PRODUCT CODE: 1854462
PUBLISHER: Renub Research | PRODUCT CODE: 1854462
Automotive Actuators Market Companies Analysis
The automotive actuator market is anticipated to witness considerable growth and is expected to increase from US$ 27.51 billion in 2024 to US$ 49.31 billion in 2033. This growth signifies a compound annual growth rate (CAGR) of 6.70% during 2024-2033. The factors fueling this growth in the market are developments in car automation, the growing need for fuel-saving technologies, and improved safety.
Automotive actuators are critical devices in contemporary automobiles, converting electrical energy into mechanical motion. These devices form a vital part of many systems within an automobile, providing accurate control and function of myriad operations. The devices generally find their use in applications like throttle control, braking, transmission systems, and climate control.
In throttle control, for instance, automotive actuators assist in regulating fuel injection and airflow in internal combustion engines, improving performance and fuel economy. In electric and hybrid vehicles, they play a crucial role in controlling power distribution and battery optimization.
In addition, actuators play an important role in safety features like advanced driver assistance systems (ADAS) and autonomous vehicle technologies. They enable lane-keep assist, adaptive cruise control, and automatic parking, making vehicles safer and more convenient.
Globally, the growing emphasis on vehicle automation and electrification is driving the demand for automotive actuators. As automakers increasingly incorporate smart technologies, the importance of these devices continues to rise, supporting innovation and improving the overall driving experience worldwide.
Top Automotive Actuators Companies & Profiles
Robert Bosch GmbH
Founded: 1886
Head Office: Germany
Website: www.bosch.com
Robert Bosch GmbH (Bosch), a part of Robert Bosch Stiftung GmbH, is a technology and services supplier. The company supplies a variety of products and solutions, including automobile parts and accessories, eBike systems, automotive technology, household appliances, security systems, solar inverters, packaging technology, industrial solutions, and business process management solutions. Through its sales and service partners, subsidiaries, and regional companies, Bosch provides products and services to customers in the automotive industry, consumer electronics, and BPO businesses in the Americas, Europe, Asia Pacific, and Africa.
Nidec Corporation
Year of Establishment: 1973
Headquarters: Japan
Website: www.nidec.com
Nidec Corp is an electric motor manufacturer specializing in producing and selling a variety of motors and allied products. Its main products are precision small AC motors, brushless DC motors, and hard disk drive spindle motors. They are applied in a wide range of industries, but more specifically in electronic and optical devices, equipment, and other specialized motor applications. Nidec enjoys a presence all over the world, with businesses operating in numerous regions of the globe, including the North American region, the Asia Pacific region, Europe, and others.
Denso Corporation
Foundation: 1949
HQ: Japan
Website: www.denso.com
Denso Corp (Denso) is an automobile technology, systems, and component manufacturer and supplier. The main business of the company is producing and supplying original equipment manufacturer (OEM) automobile parts in bulk. Denso's main products are powertrain systems, thermal systems, electronic systems, information and safety systems, electrification systems, small motors, and industrial systems. Besides these, Denso also offers passenger thermal solutions including HVAC units, compressors, cabin air filters, seat air conditioning, and engine cooling modules. Denso distributes these products to major auto makers globally and has manufacturing facilities in the Asia-Pacific, the Americas, and Europe.
Johnson Electric
Founding: 1959
Headquarters: Hong Kong
Website: www.johnsonelectric.com
Johnson Electric Holdings Limited (Johnson Electric) is an international company with expertise in the production and supply of motors, solenoids, micro-switches, flexible printed circuits, and microelectronics. The company has mainly been engaged in the production of precision motors, motion subsystems, and associated electromechanical components. Johnson Electric's solutions are applied in numerous industry sectors, such as mobility, industrial, and consumer, to promote comfort, safety, and health. These are high-performance, quality, and reliable products. Johnson Electric has an international footprint, with operations across Asia, Europe, the Middle East, North America, and South America.
Mitsubishi Electric Corporation
Year Founded: 1921
Head Office: Japan
Website: www.mitsubishielectric.co.jp
Mitsubishi Electric Corporation (Mitsubishi Electric) develops, produces, and markets a variety of electrical and electronic products. Their product offerings comprise air conditioning systems, air purifiers, dehumidifiers, vacuum cleaners, factory automation systems, inverters, industrial robots, processing machines, auto equipment, building systems, energy systems, visual information systems, transportation systems, semiconductors and devices, information and communications systems, space systems, and public systems. Apart from these products, Mitsubishi Electric also provides maintenance services, IT infrastructure services, and network services. The firm caters to different industries, such as residential, commercial, industrial, automotive, and public sectors. Mitsubishi Electric has operations in the Americas, Asia-Pacific, Europe, the Middle East, and Africa.
CTS Corporation Automotive Actuators Product Launches
September 2025 - CTS Corporation has introduced COBROS(TM), a novel platform for electric motor control. The result of seven years of research, COBROS(TM) transforms motor control by applying real-time, in-situ magnetic field sensing. In contrast to the conventional approach that employs discrete sensors to detect rotor position and current, COBROS(TM) streamlines the system, cutting costs and enhancing precision.
Hitachi Ltd Automotive Actuators Product Launches
Oct 2022, Hitachi Astemo, Ltd. has created a steer-by-wire steering device prototype that does away with the classic steering wheel. The technology electrically steers the vehicle, which is important for autonomous and next-generation vehicles. The new form maximizes cabin space and offers more flexibility in interior design.
SWOT Analysis of the Aptiv PLC Company
Strength: Extensive Electrical Architecture & Connector Expertise with Firm OEM Relationships - Aptiv's automotive actuator strength comes from its technical leadership in electrical architecture, such as connectors, wiring, relays, and control modules, which are critical to enabling actuator operation. With growing electrification of vehicles, dependable high-voltage systems and accurate connectors are critical. Aptiv's technical excellence in signal and power distribution enables high reliability and performance. The firm enjoys sound relationships with OEMs, which adds strength to its design-in potential, as manufacturers give importance to integration and safety in actuator systems. Moreover, Aptiv's international presence and manufacturing capabilities allow it to supply parts at scale while following regional standards.
SWOT Analysis of the BorgWarner Inc.
Strength: Innovation in High-Performance Actuators & Strong OEM Integration - BorgWarner leads in the automotive actuators space through the creation of high-performance, long-lasting systems for challenging applications such as all-wheel drive modules and turbocharger actuators. The company is particularly interested in designs that save weight, improve response time, and maintain control under adverse conditions. Its drivetrain components expertise enables it to integrate mechanical, hydraulic, and electronic components flawlessly. Moreover, the long-term partnership with leading OEMs allows BorgWarner to affect system requirements early in the design cycle, ensuring optimal actuator performance and cost. It has an extensive manufacturing presence globally, ensuring conformance with local regulations and following regional trends, offering a competitive edge for the automotive actuator market.
HELLA GmbH & Co. KGaA Recent Development in Automotive Actuators Market
December 2023, HELLA Fahrzeugteile Austria (HFA) opened a new production line for locking actuators. Ralf Link commended the team on managing to finish the project within only 14 months. These locking actuators provide an added layer of safety by securing charging sockets for electric vehicles and stopping premature disconnection. HELLA has manufactured more than 33 million of these units at its factories in Germany, Mexico, and China. With growing demand, the new production line in GroBpetersdorf, Austria, will manufacture more than 2.5 million units every year, particularly for special vehicles. Continental AG Recent Development in Automotive Actuators Market
April 2025, At Auto Shanghai 2025, Continental will showcase its software-defined vehicle technologies that shape future mobility. A press conference with Executive Board member. Furthermore, new technologies such as the Intelligent Driving Systems Luna and Astra, the Central Light Computer, and the In2Visible Overhead Console will be unveiled.
Valeo SE Sustainability Goal
Valeo SE is dedicated to being transparent and accountable in climate action with efforts such as its engagement in the Carbon Disclosure Project (CDP) and the Race to Zero initiative. The organization is also part of the RE100 initiative, which advocates for the use of 100% renewable power; however, commitments for Valeo Bayen S.A. have not been outlined.
In May 2025, Valeo priced successfully a green bond issue of €650 million ($728 million) maturing on May 20, 2031. This 5.125% fixed annual coupon bond will be used to fund projects in line with Valeo's low-carbon mobility strategy, specifically vehicle electrification. This issuance also helps Valeo in achieving its CAP 50 goal, which is to reach Net Zero emissions by 2050 in all its global operations and across the European value chain.
Schaeffler AG Climate Target
The Schaeffler Group's climate objectives have been successfully approved by the Science Based Targets initiative (SBTi).
The climate objectives thus conform to the Paris Agreement targets and, on the basis of the SBTi, are scientifically grounded. They hence provide a transparently defined route for the reduction of greenhouse gas emissions. Driving Climate Action towards Net-Zero", to minimize greenhouse gas emissions from the company's own operations and in the value chain. "Transitioning towards a Circular Economy", with the intent of lowering the environmental impact by embedding circular economy principles.
Global Automotive Actuators Market
Historical Trends
Forecast Analysis
Market Share Analysis - Global Automotive Actuators Industry
Company Analysis
Overview
Company History and Mission
Business Model and Operations
Workforce
Key Persons
Executive Leadership
Operational Management
Division Leaders
Board Composition
Recent Development & Strategies
Mergers & Acquisitions
Partnerships
Investments
Sustainability Analysis
Renewable Energy Adoption
Energy-Efficient Infrastructure
Use of Sustainable Packaging Materials
Water Usage and Conservation Strategies
Waste Management and Circular Economy Initiatives
Product Analysis
Product Profile
Quality Standards
Product Pipeline
Product Benchmarking
Strategic Assessment: SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
Revenue Analysis
The above information will be available for all the following companies:
The above information will be available for all the following companies: