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:
Market 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.).
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Base Year | 2023 |
Companies Covered | 15 |
Pages | 100 |
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