Global Automotive Engine Actuators Industry

Global Automotive Engine Actuators Industry

  • September 2020 •
  • 180 pages •
  • Report ID: 5955970 •
  • Format: PDF
Global Automotive Engine Actuators Market to Reach 96.6 Million Units by 2027

Amid the COVID-19 crisis, the global market for Automotive Engine Actuators estimated at 61.1 Million Units in the year 2020, is projected to reach a revised size of 96.6 Million Units by 2027, growing at aCAGR of 6.7% over the period 2020-2027. VVT System, one of the segments analyzed in the report, is projected to record 6.6% CAGR and reach 70 Million Units by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Electronic Throttle System segment is readjusted to a revised 7.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at 16.5 Million Units, While China is Forecast to Grow at 10.2% CAGR

The Automotive Engine Actuators market in the U.S. is estimated at 16.5 Million Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 21 Million Units by the year 2027 trailing a CAGR of 10.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.We bring years of research experience to this 9th edition of our report. The 180-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • Aisin Seiki Co., Ltd.
  • Aptiv PLC
  • Denso Corporation
  • Eaton Corporation PLC
  • Hitachi Automotive Systems Ltd.
  • Husco International, Inc.
  • Metaldyne LLC
  • Perusahaan Otomobil Kedua Sdn Bhd (PERODUA)