Global Automotive Electric Actuators Market to Rise over US $5500 Mn by 2025 End – QY Research
The global Automotive Electric Actuators market was 2350 million US$ in 2018 and is expected to 5500 million US$ by the end of 2025, growing at a CAGR of 11.2% between 2019 and 2025.
Los Angeles, CA -- (SBWire) -- 04/24/2019 --The global production of Automotive Electric Actuators is about 82 M Unit in 2016, Europe is the largest production region in 2016, the second largest production region is North America, in short, the Automotive Electric Actuators is mainly produced in developed countries;
The global consumption of Automotive Electric Actuators is about 82 M Unit in 2016; Europe is still the largest consumption region in 2016, the consumption volume is about 30 M Unit; North America is also the second largest consumption region in 2016, the consumption volume is about 23.5 M Unit, the market share is about 29%;
The average price of Automotive Electric Actuators is about 26 USD per Unit in 2016, the average gross margin is about 23.5%, the price shows down trend and the gross margin has the similar trend;
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In the future, with the development of technology and improvement of economic level, and the stable demand in fuel cell industry, the Automotive Electric Actuators will have great increase range; the developing countries will be high growth rate market.
Key manufacturers in these regions are Bosch, Denso, Delphi, Magna, Continental, Valeo, Magneti Marelli, Hitachi, Hella, Mahle. Bosch is the largest player with market share of 19% followed by Denso sharing 19% of the market. In the future, more and more companies will enter the market.
The global Automotive Electric Actuators market was 2350 million US$ in 2018 and is expected to 5500 million US$ by the end of 2025, growing at a CAGR of 11.2% between 2019 and 2025.
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This report studies the Automotive Electric Actuators market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Automotive Electric Actuators in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Bosch
Denso
Delphi
Magna
Continental
Valeo
Magneti Marelli
Hitachi
Hella
Mahle
By the product type, the market is primarily split into
Throttle Actuator
Fuel Injection Actuator
Brake Actuator
Body
Others
By the end users/application, this report covers the following segments
Passenger Vehicle
Commercial Vehicle
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