Market Size of United States Automotive Pneumatic Actuators Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
US Automotive Pneumatic Actuators Market Analysis
The United States 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.
US Automotive Pneumatic Actuators Industry Segmentation
The United States 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 |
United States Automotive Pneumatic Actuators Market Size Summary
The United States Automotive Pneumatic Actuator Market is experiencing 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 pivotal in propelling the demand for automotive actuators. Despite the rising replacement rate of pneumatic actuators with electric and electro-pneumatic alternatives, the market is expected to see steady growth, particularly in the commercial vehicle segment. This growth is fueled by the surge in production and sales of trucks and semi-trailers, as well as the need for fuel injection and throttle actuators in diesel engines to meet stringent emission standards. The implementation of sophisticated fuel management systems in conventional diesel engines further supports the market's expansion, offering enhanced efficiency and reduced carbon emissions.
In the United States, the automotive pneumatic actuator market is characterized by a fragmented landscape with key players such as Denso International, Hella Automotive, and Robert Bosch leading the supply chain. The market's prominence is evident in the widespread application of actuators in wiper motors, power window motors, door actuators, and brake systems, among others. The increasing demand for commercial vehicles, driven by construction and industrial activities, alongside road freight movement, has bolstered the market's growth. However, stringent government emission regulations are steering the market towards electric vehicles, potentially limiting the demand for actuators in fuel-powered vehicles. The competitive environment is prompting major manufacturers to invest significantly in research and development to meet the growing demand for advanced actuator products, ensuring continued innovation and market relevance.
United States 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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United States Automotive Pneumatic Actuators Market Size FAQs
What is the current United States Automotive Pneumatic Actuators Market size?
The United States Automotive Pneumatic Actuators Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in United States 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 United States Automotive Pneumatic Actuators Market.