The Europe Automotive Torque Actuator Motor Market should witness market growth of 4.6% CAGR during the forecast period (2022-2028).
Every actuator's rating parameters include a crucial component called actuator torque. What kinds of applications the actuator can handle will depend on the device's torque rating. With a low torque rating, the actuator can sustain its output force across a minimal load range. The actuator will become 'overwhelmed'and unable to exert its working motion effectively after that range has been surpassed. On the other hand, a high-torque actuator can easily withstand a far larger range of load fluctuations.
Current electric cars are designed to handle both DC and AC electricity internally. The motor needs AC in addition to the DC that the battery stores and delivers. Energy enters the onboard chargers at Levels 1 and 2, but at Level 3 rapid chargers, it arrives as DC high-voltage current. Power electronics are used to manage the various onboard AC/DC conversions. They are vital for scaling the battery/motor system voltages from 100 to 800 volts of charging strength to the myriad vehicle lighting, chassis, and entertainment tasks that need 12-48 volt DC energy.
Europe, which includes numerous countries that excel in the car sector, is one of the world's top manufacturers of vehicles. The automobile industry is one of the nation's most significant sectors, particularly in Italy. According to the International Trade Ministry, Italy's industrial turnover in 2019 was $119 billion, or around €106 billion, or 6.2% of Italy's GDP. The industry is changing due to the transition from thermal engines to electromobility (hybrid and electric), which may provide possibilities for manufacturers of car components, charging infrastructure, and diagnostic tools. Changes to the circulating stock may significantly impact the way the aftermarket business develops in Italy. More than 914,000 automobiles were manufactured in Italy in 2019, and 1.381,496 new vehicles were registered in 2020.
The Germany market dominated the Europe 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 $808.6 million by 2028. The UK market is exhibiting a CAGR of 3.8% during (2022-2028). Additionally, The France market would experience a CAGR of 5.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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.
Every actuator's rating parameters include a crucial component called actuator torque. What kinds of applications the actuator can handle will depend on the device's torque rating. With a low torque rating, the actuator can sustain its output force across a minimal load range. The actuator will become 'overwhelmed'and unable to exert its working motion effectively after that range has been surpassed. On the other hand, a high-torque actuator can easily withstand a far larger range of load fluctuations.
Current electric cars are designed to handle both DC and AC electricity internally. The motor needs AC in addition to the DC that the battery stores and delivers. Energy enters the onboard chargers at Levels 1 and 2, but at Level 3 rapid chargers, it arrives as DC high-voltage current. Power electronics are used to manage the various onboard AC/DC conversions. They are vital for scaling the battery/motor system voltages from 100 to 800 volts of charging strength to the myriad vehicle lighting, chassis, and entertainment tasks that need 12-48 volt DC energy.
Europe, which includes numerous countries that excel in the car sector, is one of the world's top manufacturers of vehicles. The automobile industry is one of the nation's most significant sectors, particularly in Italy. According to the International Trade Ministry, Italy's industrial turnover in 2019 was $119 billion, or around €106 billion, or 6.2% of Italy's GDP. The industry is changing due to the transition from thermal engines to electromobility (hybrid and electric), which may provide possibilities for manufacturers of car components, charging infrastructure, and diagnostic tools. Changes to the circulating stock may significantly impact the way the aftermarket business develops in Italy. More than 914,000 automobiles were manufactured in Italy in 2019, and 1.381,496 new vehicles were registered in 2020.
The Germany market dominated the Europe 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 $808.6 million by 2028. The UK market is exhibiting a CAGR of 3.8% during (2022-2028). Additionally, The France market would experience a CAGR of 5.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Automotive Torque Actuator Motor Market, by Application
1.4.2 Europe Automotive Torque Actuator Motor Market, by Vehicle Type
1.4.3 Europe Automotive Torque Actuator Motor Market, by Distribution Channel
1.4.4 Europe Automotive Torque Actuator Motor Market, by Type
1.4.5 Europe 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. Europe Automotive Torque Actuator Motor Market by Application
3.1 Europe Electronic Throttle Control (ETC) Market by Country
3.2 Europe Exhaust Gas Circulation (EGR) Market by Country
3.3 Europe Turbocharger Market by Country
3.4 Europe Others Market by Country
Chapter 4. Europe Automotive Torque Actuator Motor Market by Vehicle Type
4.1 Europe Passenger Car Market by Country
4.2 Europe Light Commercial Vehicle Market by Country
4.3 Europe Heavy Commercial Vehicle Market by Country
Chapter 5. Europe Automotive Torque Actuator Motor Market by Distribution Channel
5.1 Europe OEM Market by Country
5.2 Europe Aftermarket Market by Country
Chapter 6. Europe Automotive Torque Actuator Motor Market by Type
6.1 Europe Pneumatic & Mechanical Market by Country
6.2 Europe Electrical Market by Country
Chapter 7. Europe Automotive Torque Actuator Motor Market by Country
7.1 Germany Automotive Torque Actuator Motor Market
7.1.1 Germany Automotive Torque Actuator Motor Market by Application
7.1.2 Germany Automotive Torque Actuator Motor Market by Vehicle Type
7.1.3 Germany Automotive Torque Actuator Motor Market by Distribution Channel
7.1.4 Germany Automotive Torque Actuator Motor Market by Type
7.2 UK Automotive Torque Actuator Motor Market
7.2.1 UK Automotive Torque Actuator Motor Market by Application
7.2.2 UK Automotive Torque Actuator Motor Market by Vehicle Type
7.2.3 UK Automotive Torque Actuator Motor Market by Distribution Channel
7.2.4 UK Automotive Torque Actuator Motor Market by Type
7.3 France Automotive Torque Actuator Motor Market
7.3.1 France Automotive Torque Actuator Motor Market by Application
7.3.2 France Automotive Torque Actuator Motor Market by Vehicle Type
7.3.3 France Automotive Torque Actuator Motor Market by Distribution Channel
7.3.4 France Automotive Torque Actuator Motor Market by Type
7.4 Russia Automotive Torque Actuator Motor Market
7.4.1 Russia Automotive Torque Actuator Motor Market by Application
7.4.2 Russia Automotive Torque Actuator Motor Market by Vehicle Type
7.4.3 Russia Automotive Torque Actuator Motor Market by Distribution Channel
7.4.4 Russia Automotive Torque Actuator Motor Market by Type
7.5 Spain Automotive Torque Actuator Motor Market
7.5.1 Spain Automotive Torque Actuator Motor Market by Application
7.5.2 Spain Automotive Torque Actuator Motor Market by Vehicle Type
7.5.3 Spain Automotive Torque Actuator Motor Market by Distribution Channel
7.5.4 Spain Automotive Torque Actuator Motor Market by Type
7.6 Italy Automotive Torque Actuator Motor Market
7.6.1 Italy Automotive Torque Actuator Motor Market by Application
7.6.2 Italy Automotive Torque Actuator Motor Market by Vehicle Type
7.6.3 Italy Automotive Torque Actuator Motor Market by Distribution Channel
7.6.4 Italy Automotive Torque Actuator Motor Market by Type
7.7 Rest of Europe Automotive Torque Actuator Motor Market
7.7.1 Rest of Europe Automotive Torque Actuator Motor Market by Application
7.7.2 Rest of Europe Automotive Torque Actuator Motor Market by Vehicle Type
7.7.3 Rest of Europe Automotive Torque Actuator Motor Market by Distribution Channel
7.7.4 Rest of Europe 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
LOADING...
