France Automotive Actuators Market Growth Trends and Market Scope
The automotive actuators market in France is experiencing growth, driven by the country’s focus on enhancing vehicle automation and fuel efficiency. Actuators are essential for various applications in modern vehicles, such as throttle control and braking, contributing to safer and more efficient driving experiences. With France’s commitment to developing electric and hybrid vehicles, demand for electric and compact actuators is on the rise. As the automotive industry evolves towards more autonomous features, the demand for advanced actuators is expected to continue growing, particularly in vehicles manufactured to meet the European Union’s stringent environmental and safety regulations.
The global automotive actuators
market size is projected expand at 24.09% CAGR over the forecast period. MRFR’s
report on the automotive actuators market comprises growth drivers, challenges,
and trends on the industry for the forecast period (2020-2027). The COVID-19
pandemic and its implications are explored in depth in the market. The
comprehensive report delves into various mechanisms of components in vehicles,
impact on supply chain, and regional demand for a broad perspective.
Market Scope
The global automotive actuators
market is driven by advances in electric and connected vehicles. Automotive
actuators take in energy from electrical and kinetic energy to convert it into
motion. It converts electrical energy to mechanical energy and help in
regulating engine speed, flywheel rotations, and engine torque. Increasing
demand for fuel-efficient vehicles and procurement of actuators can augur
favorably for the market.
But high costs of automotive
actuators solutions may hamper market growth.
COVID-19 Impact
The COVID-19 pandemic has negatively
affected the automotive actuators market. Shutdown of facilities and delay in
supply chains has sent a negative shock in the industry. Sluggish interest in
the automotive sector owing to control over high spending on luxury items as
well as lockdowns by countries can affect market growth.
Segmentation
Electrical Actuators to Spur Market
Growth
Electrical actuators can exhibit a
strong growth rate owing to its use in conversion of electrical energy to
mechanical energy. The focus on comfort is expected to provide opportunities
for electrical actuators. They are used in controlling sunroof, seats, and
window lift. It is widely used in the automotive sector. On the other hand, the
hydraulic actuator can display a strong demand owing to exhibiting large force
for a sustained duration.
Fuel Injection Actuator Application
to Gain Traction
The fuel injection actuator
application is estimated to gain traction by injecting fuel through a port
located in the engine during idle time. It can be adjusted through the
electronic control unit. On the other hand, the throttle actuator is set to
convert the mechanical force of the accelerator by opening the throttle valve
in the combustion chamber.
Passenger Cars to Dominate Market
Demand
Passenger cars are deemed to dominate
the market share owing to sales of passenger vehicles globally. Seat
adjustments for improving the comfort and safety of passengers can drive the
segment demand. Actuators can provide lumbar support, change positions and seat
angles, and track seats.
Regional Analysis
APAC to Lead in Global Automotive Actuators
Market
APAC is poised to capture the lead
position in the global market owing to procurement of automobiles in the region
and sale of small vehicles. Presence of big players in China and development of
actuators to control headlights and prevent accidents can drive its demand. Low
costs of actuators and domestic concentration of manufacturing units can also
play an indispensable part in the market.
Competitive Analysis
Stoneridge Inc. (U.S.), Aptiv PLC
(U.S.), Hella KGaA Hueck & Co. (Germany), Continental AG (Germany), Denso
Corporation (Japan), Robert Bosch GmbH (Germany), and others are key players in
the global automotive actuators market. Development of new features and
collaborations are to be witnessed in the global Automotive Actuators Market.
Investments in new facilities such as Continental opening a greenfield facility
in India for its powertrain component can be an indicator of the market growth.
Industry News
Schaeffler will unveil its latest
force-feedback handwheel actuator and reduce the space required for steering
wheels.
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