The Latin America, Middle East and Africa Automotive Torque Actuator Motor Market should witness market growth of 8.5% CAGR during the forecast period (2022-2028).
Downsizing an engine is becoming more critical since it helps to increase a vehicle's fuel economy and lower carbon emissions. The vehicle's weight decreases due to the compact engine, increasing fuel economy. The fewer cylinders increase the engine's efficiency since less friction occurs in the engine. Also, Industry 4.0 has wholly transformed the industrialsector. Industry 4.0 integrates physical equipment on a digital platform and enables firms to realize the additional value produced through linked production processes. The manufacture of automobile TAM is likewise transitioning from manual to semi-automatic to automated production.
Mechanical transmission components, including gearboxes, timing belts, speed reducers, and worm gear drives, are not required when the payload is directly coupled to the rotor. Moreover, unlike brushed rotary motors, there is no mechanical wear since the rotor and stator are not in contact, leading to high dependability and long lifespans. A system's cost may be decreased, and maintenance can be minimized with fewer mechanical components. A torque motor system's inherent direct-drive technology produces an effective and efficient gearless assembly.
South Africa also has a significant automobile manufacturing industry. According to the International Trade Administration, the South African automotive sector contributed 4.9% of the country's total GDP in 2020. Production of autos and automotive components, the country's biggest manufacturing sector, continued to play a significant role in South Africa's industrialization process by contributing 18.7% of the value added to the manufacturing output. Due to the region's growing usage of electric cars and expanding automotive industry, the market for autonomous torque actuator motors will grow.
The Brazil market dominated the LAMEA Automotive Torque Actuator Motor Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $239.5 million by 2028. The Argentina market is showcasing a CAGR of 9.1% during (2022-2028). Additionally, The UAE market would register a CAGR of 8.2% during (2022-2028).
Based on Application, the market is segmented into Electronic Throttle Control (ETC), Exhaust Gas Circulation (EGR), Turbocharger and Others. Based on Vehicle Type, the market is segmented into Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle. Based on Distribution Channel, the market is segmented into OEM and Aftermarket. Based on Type, the market is segmented into Pneumatic & Mechanical and Electrical. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NSK Ltd., HIWIN Technologies Corp., Mabuchi Motor Co., Ltd., MITSUBA Corporation, Continental AG, Johnson Electric Holdings Limited, CTS Corporation, ElectroCraft, Inc. (DMI Technology Corporation), Val-Matic Valve & Manufacturing Corporation (A.Y. McDonald Manufacturing Company), and Bray International, Inc.
Downsizing an engine is becoming more critical since it helps to increase a vehicle's fuel economy and lower carbon emissions. The vehicle's weight decreases due to the compact engine, increasing fuel economy. The fewer cylinders increase the engine's efficiency since less friction occurs in the engine. Also, Industry 4.0 has wholly transformed the industrialsector. Industry 4.0 integrates physical equipment on a digital platform and enables firms to realize the additional value produced through linked production processes. The manufacture of automobile TAM is likewise transitioning from manual to semi-automatic to automated production.
Mechanical transmission components, including gearboxes, timing belts, speed reducers, and worm gear drives, are not required when the payload is directly coupled to the rotor. Moreover, unlike brushed rotary motors, there is no mechanical wear since the rotor and stator are not in contact, leading to high dependability and long lifespans. A system's cost may be decreased, and maintenance can be minimized with fewer mechanical components. A torque motor system's inherent direct-drive technology produces an effective and efficient gearless assembly.
South Africa also has a significant automobile manufacturing industry. According to the International Trade Administration, the South African automotive sector contributed 4.9% of the country's total GDP in 2020. Production of autos and automotive components, the country's biggest manufacturing sector, continued to play a significant role in South Africa's industrialization process by contributing 18.7% of the value added to the manufacturing output. Due to the region's growing usage of electric cars and expanding automotive industry, the market for autonomous torque actuator motors will grow.
The Brazil market dominated the LAMEA Automotive Torque Actuator Motor Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $239.5 million by 2028. The Argentina market is showcasing a CAGR of 9.1% during (2022-2028). Additionally, The UAE market would register a CAGR of 8.2% during (2022-2028).
Based on Application, the market is segmented into Electronic Throttle Control (ETC), Exhaust Gas Circulation (EGR), Turbocharger and Others. Based on Vehicle Type, the market is segmented into Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle. Based on Distribution Channel, the market is segmented into OEM and Aftermarket. Based on Type, the market is segmented into Pneumatic & Mechanical and Electrical. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NSK Ltd., HIWIN Technologies Corp., Mabuchi Motor Co., Ltd., MITSUBA Corporation, Continental AG, Johnson Electric Holdings Limited, CTS Corporation, ElectroCraft, Inc. (DMI Technology Corporation), Val-Matic Valve & Manufacturing Corporation (A.Y. McDonald Manufacturing Company), and Bray International, Inc.
Scope of the Study
By Application
- Electronic Throttle Control (ETC)
- Exhaust Gas Circulation (EGR)
- Turbocharger
- Others
By Vehicle Type
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By Distribution Channel
- OEM
- Aftermarket
By Type
- Pneumatic & Mechanical
- Electrical
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- NSK Ltd.
- HIWIN Technologies Corp.
- Mabuchi Motor Co., Ltd.
- MITSUBA Corporation
- Continental AG
- Johnson Electric Holdings Limited
- CTS Corporation
- ElectroCraft, Inc. (DMI Technology Corporation)
- Val-Matic Valve & Manufacturing Corporation (A.Y. McDonald Manufacturing Company)
- Bray International, Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Automotive Torque Actuator Motor Market, by Application
1.4.2 LAMEA Automotive Torque Actuator Motor Market, by Vehicle Type
1.4.3 LAMEA Automotive Torque Actuator Motor Market, by Distribution Channel
1.4.4 LAMEA Automotive Torque Actuator Motor Market, by Type
1.4.5 LAMEA Automotive Torque Actuator Motor Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Automotive Torque Actuator Motor Market by Application
3.1 LAMEA Electronic Throttle Control (ETC) Market by Country
3.2 LAMEA Exhaust Gas Circulation (EGR) Market by Country
3.3 LAMEA Turbocharger Market by Country
3.4 LAMEA Others Market by Country
Chapter 4. LAMEA Automotive Torque Actuator Motor Market by Vehicle Type
4.1 LAMEA Passenger Car Market by Country
4.2 LAMEA Light Commercial Vehicle Market by Country
4.3 LAMEA Heavy Commercial Vehicle Market by Country
Chapter 5. LAMEA Automotive Torque Actuator Motor Market by Distribution Channel
5.1 LAMEA OEM Market by Country
5.2 LAMEA Aftermarket Market by Country
Chapter 6. LAMEA Automotive Torque Actuator Motor Market by Type
6.1 LAMEA Pneumatic & Mechanical Market by Country
6.2 LAMEA Electrical Market by Country
Chapter 7. LAMEA Automotive Torque Actuator Motor Market by Country
7.1 Brazil Automotive Torque Actuator Motor Market
7.1.1 Brazil Automotive Torque Actuator Motor Market by Application
7.1.2 Brazil Automotive Torque Actuator Motor Market by Vehicle Type
7.1.3 Brazil Automotive Torque Actuator Motor Market by Distribution Channel
7.1.4 Brazil Automotive Torque Actuator Motor Market by Type
7.2 Argentina Automotive Torque Actuator Motor Market
7.2.1 Argentina Automotive Torque Actuator Motor Market by Application
7.2.2 Argentina Automotive Torque Actuator Motor Market by Vehicle Type
7.2.3 Argentina Automotive Torque Actuator Motor Market by Distribution Channel
7.2.4 Argentina Automotive Torque Actuator Motor Market by Type
7.3 UAE Automotive Torque Actuator Motor Market
7.3.1 UAE Automotive Torque Actuator Motor Market by Application
7.3.2 UAE Automotive Torque Actuator Motor Market by Vehicle Type
7.3.3 UAE Automotive Torque Actuator Motor Market by Distribution Channel
7.3.4 UAE Automotive Torque Actuator Motor Market by Type
7.4 Saudi Arabia Automotive Torque Actuator Motor Market
7.4.1 Saudi Arabia Automotive Torque Actuator Motor Market by Application
7.4.2 Saudi Arabia Automotive Torque Actuator Motor Market by Vehicle Type
7.4.3 Saudi Arabia Automotive Torque Actuator Motor Market by Distribution Channel
7.4.4 Saudi Arabia Automotive Torque Actuator Motor Market by Type
7.5 South Africa Automotive Torque Actuator Motor Market
7.5.1 South Africa Automotive Torque Actuator Motor Market by Application
7.5.2 South Africa Automotive Torque Actuator Motor Market by Vehicle Type
7.5.3 South Africa Automotive Torque Actuator Motor Market by Distribution Channel
7.5.4 South Africa Automotive Torque Actuator Motor Market by Type
7.6 Nigeria Automotive Torque Actuator Motor Market
7.6.1 Nigeria Automotive Torque Actuator Motor Market by Application
7.6.2 Nigeria Automotive Torque Actuator Motor Market by Vehicle Type
7.6.3 Nigeria Automotive Torque Actuator Motor Market by Distribution Channel
7.6.4 Nigeria Automotive Torque Actuator Motor Market by Type
7.7 Rest of LAMEA Automotive Torque Actuator Motor Market
7.7.1 Rest of LAMEA Automotive Torque Actuator Motor Market by Application
7.7.2 Rest of LAMEA Automotive Torque Actuator Motor Market by Vehicle Type
7.7.3 Rest of LAMEA Automotive Torque Actuator Motor Market by Distribution Channel
7.7.4 Rest of LAMEA Automotive Torque Actuator Motor Market by Type
Chapter 8. Company Profiles
8.1 NSK Ltd.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.2 HIWIN Technologies Corp.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.3 Mabuchi Motor Co., Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.4 MITSUBA Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.5 Continental AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.6 Johnson Electric Holdings Limited
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.7 CTS Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expenses
8.8 ElectroCraft, Inc. (DMI Technology Corporation)
8.8.1 Company Overview
8.9 Val-Matic Valve & Manufacturing Corporation (A.Y. McDonald Manufacturing Company)
8.9.1 Company Overview
8.10. Bray International, Inc.
8.10.1 Company Overview
Companies Mentioned
- NSK Ltd.
- HIWIN Technologies Corp.
- Mabuchi Motor Co., Ltd.
- MITSUBA Corporation
- Continental AG
- Johnson Electric Holdings Limited
- CTS Corporation
- ElectroCraft, Inc. (DMI Technology Corporation)
- Val-Matic Valve & Manufacturing Corporation (A.Y. McDonald Manufacturing Company)
- Bray International, Inc.
Methodology
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