Global Automotive Torque Actuator Motor Market Size, Share, Forecast Report, 2020-2027

The automotive actuator torque motor is used in vehicles for direct drive mechanism and in some situations the geared electric motor used as a substitute. It is mainly used for enhancing the machine manufacturing process from manual to semi-automatic or fully-automatic.

The upgrade of manufacturing technology and increase in engine downsizing are the major driving factors of the market. Growing demand for fuel efficiency, minimized carbon efficiency and low engine load will create opportunities for new entrants to come with a better solution and hold the maximum part of the revenue share. Furthermore, increase in investment for research and development for the better effective engine output will enhance opportunities for manufacturers. Upgrades of systems will be the biggest challenge of manufacturers. However, increased requirement for fuel efficiency and strict regulation regarding bad fuel emission will hinder the growth of the market in different region. The global automotive torque actuator motor market is expected to expand at a CAGR ~12.36% during the period 2018 to 2023.

The global automotive torque actuator motor market is segmented by Type (Pneumatic, Electric and Mechanical), Motion Output (Linear, Rotary and Electric), Application (Electronic Throttle Control (ETC), Turbocharger, Exhaust Gas Circulation (EGC) and Others) and by Region.
Geographically, the global automotive torque actuator motor market has been segmented into four major regions such as North America, Europe, Asia Pacific and Rest of the World. Asia Pacific is expected to hold the major market share throughout the forecast period owing to low labor cost and better ease of doing business attracts manufacturers for business. Availability of infrastructure facilities and growing in demand for automobile components are further driving the growth of the market.

The prominent players in the automotive torque actuator motor market include CTS (U.S.), Johnson Electric (Hong Kong), Mitsuba (India), Rheinmetall (Germany), Bray (U.S.), NSK (Japan), Electrocraft (U.S.), Siko-Global (Germany), Valmatic (U.S.), and HIWIN (U.S.)