info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)

Automotive Torque Actuator Motor market is predicted to witness 6.3% CAGR by 2032

Pune, India, June, 2023 /MRFR Press Release/- Market Research Future published a half cooked research report on global automotive torque actuator motor market. The automotive torque actuator motor market is expected to witness 6.3% CAGR during the period, 2023 to 2032.


Market Highlights


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


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Automotive Torque Actuator Motor market Research Report


A torque motor is used as an actuator in automotive for the direct drive mechanism to enhance vehicle performance by reducing human efforts and mechanical failure. This type of torque actuator motor is pneumatic based, electric and mechanical based; these are used to get a better output in terms of emission results in improving exhaust gas circulation, turbocharging, throttle control, and others. The development of new and advanced materials is a major factor driving the market growth. The manufacturers are constantly working towards the development of torque actuator motor with the objective to remain competitive in the market. Automakers are working towards the development of fuel-efficient automotive torque actuator motor for eliminating excessive fuel cost and environmental fuel polluting gases. However, the growth of this market might be challenged by the stringent regulations related to pollution control in various regions.


DRIVERS:


automotive torque actuator motor DriversMarket Research Analysis


In terms of region, the global market for automotive torque actuator motor is segmented into North America, Europe, Asia Pacific and Rest of the World. Asia Pacific is expected to hold the major market revenue share over the forecast period followed by Europe and North America. Asia Pacific is expected to influence the growth of torque actuator motor market owing to low labor cost and better ease of doing the business rating. In the coming year, Europe is expected to define the acceptable limits for exhaust emissions for all new vehicles sold in Europe. North America accounted for the highest growth rate over the forecast period. Moreover, especially in China and India, there is a high demand for automobile components, and additionally, government backing for advanced technology products and fewer regulatory hurdles will boost the growth of Asia Pacific Automotive Torque Actuator Motor Market.


Scope of the Report


This study provides an overview of the global Automotive Torque Actuator Motor market, tracking three market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific, and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for every region. The scope of the study segments the global automotive torque actuator motor market by components, sensor type, technology, and regions.


By Type

  • Pneumatic

  • Electric

  • Mechanical


By Motion Output

  • Linear

  • Rotary

  • Oscillatory


By Application

  • Electronic Throttle Control (ETC)

  • Turbocharger

  • Exhaust Gas Circulation (EGC)

  • Others


By Regions

  • North America 

  • Asia Pacific 

  • Europe

  • Rest of the World  


Key Players


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.).

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Report details
Base Year 2023
Companies Covered 15
Pages 100
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.