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Passenger Vehicle Smart Actuators Growth Opportunities

  • Report

  • 67 Pages
  • February 2024
  • Region: Global
  • Frost & Sullivan
  • ID: 5945957

OEMs Shifting toward CASE Convergence and Rise of Software-defined Vehicles to Drive Growth Potential

The automotive industry has relied on actuators for quite some time. These components convert energy into motion, using electric, hydraulic, or pneumatic control. Smart actuators are an improvement over traditional actuators, and they work in tandem with the surrounding sensors and electronics to provide adjustments on the fly. Programmable logic and control units run the smart actuators. Essentially, smart actuators bundle onboard controls, communication, and feedback to the electronic control unit (ECU) and other sensors. Their design considers reliability, precision control, and ease of automation.

This report includes a forecast for the global smart actuators market in the passenger vehicle space from 2023 to 2030. The forecast covers four segments: powertrain and transmission, body, chassis, and HVAC systems. The analysis includes a unit shipment forecast and revenue forecast. Market growth drivers and restraints are also included as well as the top growth opportunity areas for players looking to make moves in this space.

Table of Contents

1 Strategic Imperatives

  • Why Is It Increasingly Difficult to Grow?
  • The Strategic Imperative 8™
  • The Impact of the Top 3 Strategic Imperatives on Global Passenger Vehicle Smart Actuators Industry
  • Growth Opportunities Fuel the Growth Pipeline Engine™

2 Growth Opportunity Analysis

  • Scope of Analysis
  • Segmentation
  • Key Competitors
  • Growth Metrics
  • Growth Drivers
  • Growth Restraints
  • Forecast Assumptions
  • Revenue and Unit Shipment Forecast
  • Revenue Forecast by Segment
  • Revenue Forecast Analysis
  • Unit Shipment Forecast by Segment
  • Pricing Trends and Forecast Analysis
  • Competitive Environment

3 Growth Opportunity Analysis: Chassis Systems

  • Growth Metrics
  • Revenue and Unit Shipment Forecast
  • Revenue Forecast by Application
  • Unit Shipment Forecast by Application
  • Forecast Analysis

4 Growth Opportunity Analysis: HVAC Systems

  • Growth Metrics
  • Revenue and Unit Shipment Forecast
  • Revenue Forecast by Application
  • Unit Shipment Forecast by Application
  • Forecast Analysis

5 Growth Opportunity Analysis: Body Systems

  • Growth Metrics
  • Revenue and Unit Shipment Forecast
  • Revenue Forecast by Application
  • Unit Shipment Forecast by Application
  • Forecast Analysis

6 Growth Opportunity Analysis: Powertrain & Transmission

  • Growth Metrics
  • Revenue and Unit Shipment Forecast
  • Revenue Forecast by Application
  • Unit Shipment Forecast by Application
  • Forecast Analysis

7 Technology Overview

  • Smart Actuators

8 Supplier Profiles

  • Valeo
  • Mitsubishi Electric
  • Marelli

9 Growth Opportunity Universe

  • Growth Opportunity 1: HVAC Systems in ICE Vehicles and BEVs
  • Growth Opportunity 2: Powertrain Systems
  • Growth Opportunity 3: Convenience Features

10 Next Steps

  • Your Next Steps
  • List of Exhibits
  • Legal Disclaimer

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Valeo
  • Mitsubishi Electric
  • Marelli