Market Size of Japan Automotive Pneumatic Actuators Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Japan Automotive Pneumatic Actuators Market Analysis
Japan Automotive Pneumatic Actuator Market is anticipated a register a CAGR of over 4% during the forecast period (2020 - 2025).
- The growth of fuel-efficient vehicles and the inclusion of advanced driver assistance systems (ADAS), majorly braking and throttle systems (like adaptive cruise control (ACC) and autonomous emergency braking features), in new vehicles and existing vehicles, are the major driving factors for the automotive actuator market.
- Owing to the rising penetration and replacement rate of the pneumatic actuator with pure electric and electro-pneumatic actuators, the market studied is expected to grow at a slow rate, especially for the passenger car segment.
- However, demand for the automotive pneumatic actuator in the commercial vehicle segment is expected to grow due to an increase in production and sales of trucks and semi-trailers globally.
- The use of fuel injection actuators and throttle actuators in diesel engine vehicles help comply with the Euro VI standard. The market for actuators for fuel injection that are directly related to diesel engines is expected to grow with the development of advanced diesel engines.
Japan Automotive Pneumatic Actuators Industry Segmentation
The Japan Automotive Pneumatic Actuator Market report contains the latest trends and technological developments in the market and demand by Application Type and By Vehicle Type.
Application Type | |
Throttle Actuators | |
Fuel Injection Actuators | |
Brake Actuators | |
Others |
Vehicle Type | |
Passenger Cars | |
Commercial Vehicle |
Japan Automotive Pneumatic Actuators Market Size Summary
The Japan automotive pneumatic actuators market is poised for growth, driven by the increasing adoption of fuel-efficient vehicles and the integration of advanced driver assistance systems (ADAS) in both new and existing vehicles. These systems, which include features like adaptive cruise control and autonomous emergency braking, are significant contributors to the demand for automotive actuators. However, the market is experiencing a gradual shift due to the rising replacement rate of pneumatic actuators with pure electric and electro-pneumatic alternatives, particularly in the passenger car segment. In contrast, the commercial vehicle segment is expected to see increased demand, fueled by the global rise in production and sales of trucks and semi-trailers. The market for actuators related to diesel engines is also anticipated to expand, driven by the development of advanced diesel engines that comply with stringent emission standards.
Geographically, the Asia-Pacific region, with Japan at its forefront, leads the global automotive pneumatic actuator market. The region's growth is supported by a rise in commercial vehicle sales, attributed to increased construction and industrial activities, as well as road freight movement. Key players in the market include Denso International, Hella Automotive, and Robert Bosch, among others, who are actively investing in research and development to meet the demand for advanced actuator products. Despite the fragmented nature of the market, the focus on reducing emissions and fuel consumption is steering the industry towards electric vehicles, which poses a challenge to the market for fuel-powered vehicles reliant on pneumatic actuators.
Japan Automotive Pneumatic Actuators Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porters Five Force Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Application Type
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2.1.1 Throttle Actuators
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2.1.2 Fuel Injection Actuators
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2.1.3 Brake Actuators
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2.1.4 Others
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2.2 Vehicle Type
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2.2.1 Passenger Cars
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2.2.2 Commercial Vehicle
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Japan Automotive Pneumatic Actuators Market Size FAQs
What is the current Japan Automotive Pneumatic Actuators Market size?
The Japan Automotive Pneumatic Actuators Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in Japan Automotive Pneumatic Actuators Market?
Bosh Rexroth AG, Nidec Corporation, Denso Corporation , SMC Corporation Of America and Emerson Electric Co are the major companies operating in the Japan Automotive Pneumatic Actuators Market.