Argentina Automotive Electric Actuators Market - Forecast(2024 - 2030)

Report Code: AM 40846 Report Format: PDF + Excel

Argentina Automotive Electric Actuators Market Overview

Argentina Automotive Electric Actuators Market Size is forecast to reach $362.2 million by 2026, at a CAGR of 6.1% during 2021-2026.  Automotive linear actuators ranges from small to large and drive some basic functions such as opening and closing vent doors, opening and closing windows and sliding doors, engine control and others. Owing to various features such as lower noise emission, compact and lightweight design due to usage of shape memory alloys and electroactive polymers, and flexible installation options servomechanism based electric actuators have replaced hydraulic and pneumatic actuators. OEMs are investing the best possible efforts in enhancing the driving experience by the installation of various actuators due to the global requirement of comfort features in the automotive industry. The sales of luxury cars in Argentina have gone up, which will have a positive impact on the Automotive Electric Actuators Market due to the increasing demand for fuel-efficient vehicles, along with the rising demand for advanced electric actuator products, among the buyers, driving the major manufacturers to invest in R&D activities.

Report Coverage

The report: “Argentina Automotive Electric Actuators Market Report– Forecast (2021-2026)”, by Industry ARC covers an in-depth analysis of the following segments of the Argentina Automotive Electric Actuators Market
By Vehicle Type: Passenger Car, Commercial Vehicle
By Application Type: Throttle Actuator, Seat Adjustment Actuator, Brake Actuator, Closure Actuator, Others
By Motion: Linear, Rotary

Key Takeaways

  • In Argentina the automotive electric actuators are growing, mainly due to the growth of the automotive sector where there is a requirement of vehicles with advanced features and connectivity and the vehicles are equipped with 120 motors to control various applications such as headlight positioning, seat adjustment, grill shutter, HVAC systems, and coolant and refrigerant valves and the electric actuators convert an electric signal into the required linear and rotary motion to produce the required physical movement.
  • Commercial Vehicles sector is expected to witness a highest CAGR of 7.3% the forecast period, owing to the growing preference for connected commercial vehicle and a strong emphasis by the governments in the region to ensure in-house automotive production.
  • Automotive Electric Vehicles are strengthening their position in Argentina through acquisitions and continuously investing in research and development (R&D) activities of the automotive manufacturing along with a vision to come up with solutions to cater to the changing requirements of customers.

Argentina Automotive Electric Actuators Market By Motion, 2020

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Argentina Automotive Electric Actuators Market Segment Analysis - By Vehicle Type

Passenger Car segment held significant market share of 68.6% in 2020, as they are growing in numbers in the emerging countries due to growing per capita income and they  are the most common mode of transportation. Buyers get many options of choosing the vehicle according to their preferences due to which passenger vehicles are thriving the passenger vehicles market with its wide range of designs and features. In April 2021, due to the sudden rise in the number of COVID-19 cases and deaths, the government prohibited the movement of people, except those of essential workers due to which the use of vehicle car use increased in Argentina.

Argentina Automotive Electric Actuators Market Segment Analysis - By Application Type

Throttle Actuator is expected to witness a highest CAGR of 8.1% the forecast period as integrated mechanical flex-ball connection provides pre-defined electrical connection to the automation system which makes it an excellent solution for engine control. The throttle actuator is equipped with linear rotary screw type technology that gives the Throttle Actuator excellent speed, force, and accuracy capabilities. The hardware component of the AVL Throttle Actuator Compact consists of the actuator with a push-pull cable and an integrated controller and the integrated controller allows for improved stability and accommodates a large input voltage range. Throttle actuators use a power source, such as a battery, to run the actuator which are compact, require lower voltage, deliver higher torque and generate less heat which in turn increases the efficiency and effectiveness of the various functional component in the vehicle. This has led to increased preference for automotive electric actuators. Hence these factors are analyzed to drive the Argentina Automotive Electric Actuators Market Size in the forecast period 2021-2026.

Argentina Automotive Electric Actuators Market Segment Analysis - By Motion

Rotary electric actuators held significant market share of 58.7% in 2020 as they typically provide control and indexing capabilities to allow multiple position stops along with strokes through electromagnetic power from a motor. Supply voltage, repeatability, maximum torque, load capacity, linear stroke, operating temperature, and rotation angle are some of the performance specifications of the Rotary electric actuators as these actuators provide maximum rotation angle of 45°, 90°, 135°, 180°, 225°, 270°, 315°, or 360°. In the automotive industry, manual and electric devices are used in car seats where the Rotary electric actuators find their application.

Argentina Automotive Electric Actuators Market Drivers

Surge in adoption of electric actuators:

The remarkable growth of the automotive industry at a global level, due to which the electric actuators are finding their application owing to the growing demand for features offering better comfort to the passengers, which has become a necessary factor for top manufacturers to differentiate to each in the growing actuators industry. In recent years, newer vehicles are equipped with electric actuators that emit lesser heat, lower noise emission, design, and offer flexible installation options. In addition, electric actuators are chosen over the rectangular actuators as they run on battery, they can deliver higher torque while they are also compact and lightweight. Thus, the OEMs are proving the best actuators to its customers by investing heavily in efforts to enhance the driving and passenger experience which will fuel the use of electric actuators in this sector.

Surge in demand for fuel efficient vehicles:

Increasing fuel efficiency rules in Argentina are resulting in consumer awareness to use automobiles, which give a higher performance for the same fuel efficiency due to which actuators market has evolved from a working mechanic application to a fully automotive. The electric engine actuators provide maximize the potential of modern engine management, offering consistency and improved performance, thus reducing CO2 emissions from vehicles of all classes. Rising demand for advanced actuator products among the buyers and the increasing demand for fuel-efficient vehicles are compelling the major manufacturers to invest in R&D activities, these factors are analysed to drive the Argentina Automotive Electric Actuators industry outlook in the forecast period 2021-2026.

Argentina Automotive Electric Actuators Market Challenges

Risk of failure of electric components in an electric actuator:

Due to continuous operation and extreme changes in operating cycle electric actuators tend to overheat and in turn, may damage the electric components in the actuators, thus generally electric actuators cannot work in the hazardous environment. This risk of failure of the automotive electric actuators is set to negatively impact the procurement of electric actuators during the forecast period 2021-2026.

Argentina Automotive Electric Actuators Market Landscape

Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Argentina Automotive Electric Actuators Market. Top players operative in Argentina Automotive Electric Actuators are

  1. Aptiv
  2. Hitachi Ltd.
  3. Robert Bosch GmbH
  4. Valeo
  5. Denso Corporation
  6. CTS Corporation
  7. Borg Warner, Inc.
  8. Johnson Electric
  9. MAHLE GmbH
  10. WABCO

Acquisitions/Product Launches

  • In November 2020, Danfoss Corporation and Linak Techline collaborated to add electric actuators for designing in intelligent off highway vehicles.

Relevant Report Titles:

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1. Argentina Automotive Electric Actuator Market - Overview
    1.1 Definitions and Scope
2. Argentina Automotive Electric Actuator Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by end user
    2.3 Key trends segmented by geography
3. Argentina Automotive Electric Actuator–Market Landscape
    3.1 Comparative Analysis
        3.1.1 Product Benchmarking
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 10 companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis
4. Argentina Automotive Electric Actuator Market– Industry Market Entry Scenario Premium (Premium)
    4.1 Regulatory Framework Overview
    4.2 New Business and Ease of Doing business index
    4.3 Case studies of successful ventures
    4.4 Customer Analysis – Top 10 companies
5. Argentina Automotive Electric Actuator Market– Startup Company Scenario (Premium)
    5.1 Investment Analysis
    5.2 Venture Capital Funding Scenario
6. Argentina Automotive Electric Actuator Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Argentina Automotive Electric Actuator Market– By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3  Product Life Cycle
    7.4 Suppliers and Distributors
8. Argentina Automotive Electric Actuator Market - By Vehicle Type
    8.1 Passenger Car
    8.2 Commercial Vehicle
9. Argentina Automotive Electric Actuator Market - By Application Type
    9.1 Throttle Actuator
    9.2 Seat Adjustment Actuator
    9.3 Brake Actuator
    9.4 Closure Actuator
    9.5 Others
10. Argentina Automotive Electric Actuator Market - By Motion
    10.1  Linear
    10.2 Rotary
11. Argentina Automotive Electric Actuator Market - Entropy
12. Argentina Automotive Electric Actuator Market - Industry Competition Landscape (Premium)
    12.1 Global Market Share
    12.2 Market Share by Region
13. Argentina Automotive Electric Actuator Market - Key Company List by Country Premium (Premium)
14. Argentina Automotive Electric Actuator Market Company Analysis
    14.1 Market Share, Company Revenue, Products, M&A, Developments
    14.2 Aptiv
    14.3 Hitachi Ltd.
    14.4 Robert Bosch GmbH
    14.5 Valeo
    14.6 Denso Corporation
    14.7 Borg Warner
    14.8 CTS Corporation
    14.9 Johnson Electric
    14.10 Mahle GmbH
    14.11 Wabco

LIST OF TABLES

1.Global MARKET SEGMENTATION Market 2023-2030 ($M)
1.1 By Application Type Market 2023-2030 ($M) - Global Industry Research
1.1.1 Throttle actuator Market 2023-2030 ($M)
1.1.2 Fuel Injection actuator Market 2023-2030 ($M)
1.1.3 Brake Actuator Market 2023-2030 ($M)
1.2 By Vehicle Type Market 2023-2030 ($M) - Global Industry Research
1.2.1 Passenger Cars Market 2023-2030 ($M)
1.2.2 Light Commercial Vehicles Market 2023-2030 ($M)
1.2.3 Heavy Vehicles Market 2023-2030 ($M)
2.Global MARKET SEGMENTATION Market 2023-2030 (Volume/Units)
2.1 By Application Type Market 2023-2030 (Volume/Units) - Global Industry Research
2.1.1 Throttle actuator Market 2023-2030 (Volume/Units)
2.1.2 Fuel Injection actuator Market 2023-2030 (Volume/Units)
2.1.3 Brake Actuator Market 2023-2030 (Volume/Units)
2.2 By Vehicle Type Market 2023-2030 (Volume/Units) - Global Industry Research
2.2.1 Passenger Cars Market 2023-2030 (Volume/Units)
2.2.2 Light Commercial Vehicles Market 2023-2030 (Volume/Units)
2.2.3 Heavy Vehicles Market 2023-2030 (Volume/Units)
3.North America MARKET SEGMENTATION Market 2023-2030 ($M)
3.1 By Application Type Market 2023-2030 ($M) - Regional Industry Research
3.1.1 Throttle actuator Market 2023-2030 ($M)
3.1.2 Fuel Injection actuator Market 2023-2030 ($M)
3.1.3 Brake Actuator Market 2023-2030 ($M)
3.2 By Vehicle Type Market 2023-2030 ($M) - Regional Industry Research
3.2.1 Passenger Cars Market 2023-2030 ($M)
3.2.2 Light Commercial Vehicles Market 2023-2030 ($M)
3.2.3 Heavy Vehicles Market 2023-2030 ($M)
4.South America MARKET SEGMENTATION Market 2023-2030 ($M)
4.1 By Application Type Market 2023-2030 ($M) - Regional Industry Research
4.1.1 Throttle actuator Market 2023-2030 ($M)
4.1.2 Fuel Injection actuator Market 2023-2030 ($M)
4.1.3 Brake Actuator Market 2023-2030 ($M)
4.2 By Vehicle Type Market 2023-2030 ($M) - Regional Industry Research
4.2.1 Passenger Cars Market 2023-2030 ($M)
4.2.2 Light Commercial Vehicles Market 2023-2030 ($M)
4.2.3 Heavy Vehicles Market 2023-2030 ($M)
5.Europe MARKET SEGMENTATION Market 2023-2030 ($M)
5.1 By Application Type Market 2023-2030 ($M) - Regional Industry Research
5.1.1 Throttle actuator Market 2023-2030 ($M)
5.1.2 Fuel Injection actuator Market 2023-2030 ($M)
5.1.3 Brake Actuator Market 2023-2030 ($M)
5.2 By Vehicle Type Market 2023-2030 ($M) - Regional Industry Research
5.2.1 Passenger Cars Market 2023-2030 ($M)
5.2.2 Light Commercial Vehicles Market 2023-2030 ($M)
5.2.3 Heavy Vehicles Market 2023-2030 ($M)
6.APAC MARKET SEGMENTATION Market 2023-2030 ($M)
6.1 By Application Type Market 2023-2030 ($M) - Regional Industry Research
6.1.1 Throttle actuator Market 2023-2030 ($M)
6.1.2 Fuel Injection actuator Market 2023-2030 ($M)
6.1.3 Brake Actuator Market 2023-2030 ($M)
6.2 By Vehicle Type Market 2023-2030 ($M) - Regional Industry Research
6.2.1 Passenger Cars Market 2023-2030 ($M)
6.2.2 Light Commercial Vehicles Market 2023-2030 ($M)
6.2.3 Heavy Vehicles Market 2023-2030 ($M)
7.MENA MARKET SEGMENTATION Market 2023-2030 ($M)
7.1 By Application Type Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Throttle actuator Market 2023-2030 ($M)
7.1.2 Fuel Injection actuator Market 2023-2030 ($M)
7.1.3 Brake Actuator Market 2023-2030 ($M)
7.2 By Vehicle Type Market 2023-2030 ($M) - Regional Industry Research
7.2.1 Passenger Cars Market 2023-2030 ($M)
7.2.2 Light Commercial Vehicles Market 2023-2030 ($M)
7.2.3 Heavy Vehicles Market 2023-2030 ($M)

LIST OF FIGURES

1.US Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
2.Canada Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
3.Mexico Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
4.Brazil Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
5.Argentina Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
6.Peru Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
7.Colombia Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
8.Chile Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
9.Rest of South America Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
10.UK Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
11.Germany Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
12.France Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
13.Italy Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
14.Spain Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
15.Rest of Europe Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
16.China Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
17.India Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
18.Japan Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
19.South Korea Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
20.South Africa Argentina Automotive Electric Actuators Market Revenue, 2023-2030 ($M)
21.North America Argentina Automotive Electric Actuators By Application
22.South America Argentina Automotive Electric Actuators By Application
23.Europe Argentina Automotive Electric Actuators By Application
24.APAC Argentina Automotive Electric Actuators By Application
25.MENA Argentina Automotive Electric Actuators By Application
26.APC International, Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Buehler Motor Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Continental AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.CTS Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.CVEL Automotive Electronics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Delphi Automotive PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Denso Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Firgelli Automations, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Hella KGaA Hueck Co, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Hitachi, Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.IAV Automotive Engineering, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Johnson Electric Holdings Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Magneti Marelli S.P.A, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.Marsh Automation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.Mitsubishi Electric Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
41.NOOK Industries, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
42.Robert Bosch GmbH, Sales /Revenue, 2015-2018 ($Mn/$Bn)
43.TiMOTION Technology Co. Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
44.Valeo S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
45.Woco Tech USA, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)