France Automotive Electric Actuators Market Size, Share, and COVID-19 Impact Analysis, By Product (Brake Actuators, HVAC Actuators, Headlamp Actuators, Grill Shutter Actuators, Seat Actuators, Coolant and Refrigerant Valve Actuators, Others), By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Others), and France Automotive Electric Actuators Market Analysis and Forecast 2024 – 2033.

Industry: Automotive & Transportation

RELEASE DATE Mar 2024
REPORT ID SI3975
PAGES 200
REPORT FORMAT PathSoft

France Automotive Electric Actuators Market Insights Forecasts to 2033

  • The Market Size is growing at a CAGR of 9.1% from 2023 to 2033
  • The France Automotive Electric Actuators Market Size is expected to Hold a Significant Share by 2033

France Automotive Electric Actuators Market

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The France Automotive Electric Actuators Market Size is expected to hold a significant share by 2033, at a CAGR of 9.1% during the forecast period of 2023–2033.

 

Automotive actuators are electric motors, electromagnetic valves, or electromechanical gadgets used in passenger and commercial automobiles to convert electrical energy into mechanical energy for controlling the linear or rotary motion of a hydraulic, pneumatic, magnetic, or electrical system. Electrical actuators are found in the majority of luxury vehicles. The manufacturers produce less heat and noise, have a better design, and allow for more flexible installation options. Because they run on batteries, they can deliver more torque while remaining compact and lightweight, making them an excellent choice over traditional actuators. Actuators are more user-friendly due to advanced electrical circuitry and well-designed software. Electric actuators are commonly used in window lifts, power tailgates, seat adjustments, and sunroof drives. An autonomous vehicle can have multiple actuators installed to improve performance and safety. The increasing need for luxury and comfort features is driving the demand for electric actuators in power seats, windows, and sunroof systems. Furthermore, the demand for brake actuators is increasing in France. Brake actuators are constantly being developed as ADAS-based safety systems become more prevalent.

 

France Automotive Electric Actuators Market Report Coverage

Report CoverageDetails
Base Year:2023
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :9.1%
Historical Data for:2019-2022
No. of Pages:200
Tables, Charts & Figures:110
Segments covered:By Product, By Vehicle Type
Companies covered:: Denso Corporation, Johnson Electric, CTS Corporation, Wabco Holdings Inc., Sonceboz SA, Faurecia, Continental AG, Robert Bosch GmbH, Hella KGaA Hueck & Co., BorgWarner Inc, and Other Key Vendors.
Pitfalls & Challenges:COVID-19 Empact,Challenges, Future, Growth, & Analysis

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Driving Factors

Growth in the automotive industry, as well as technological advancements in actuators, are major factors driving market growth in France. The rise in demand for technologically advanced electronic components and their use in automobiles is creating lucrative opportunities for market participants. Electric actuators are used in vehicles to control a wide range of applications, from simple functions like closing and opening windows, vent doors, and sliding doors to more advanced functions like engine idle control for high-performance vehicles and regenerative braking. The use of automatic and digital technologies in vehicles is increasing significantly. This is boosting the demand for electric actuators. Electrification drives the integration of electric actuators in vehicles, as it necessitates the integration of multiple actuators for vehicle propulsion, charging management, and other safety functions.

 

Restraining Factors

Electric actuators overheat, causing continuous operation and significant changes in operating cycles; though this is uncommon, it can damage the electric components in the actuators. Electric actuators are susceptible to their operating environment. As a result, unlike pneumatic actuators, they cannot operate in a hazardous environment.

 

Market Segmentation

The brake actuators segment dominates the market with the largest revenue share over the forecast period.

On the basis of the product, the France automotive electric actuators market is segmented into brake actuators, HVAC actuators, headlamp actuators, grill shutter actuators, seat actuators, coolant and refrigerant valve actuators, and others. Among these, the brake actuators segment is dominating the market with the largest revenue share over the forecast period. The actuators consist of steel or aluminium columns. The use of these materials in the actuator provides the necessary performance, durability, and low noise levels. Optical cables are placed inside the columns for safety, making the best use of space and ensuring user safety.

 

The commercial vehicles segment is witnessing significant CAGR growth over the forecast period.

On the basis of vehicle type, the France automotive electric actuators market is segmented into passenger vehicles, and commercial vehicles, and others. Among these, the commercial vehicles segment is witnessing significant growth over the forecast period. Advanced seat adjustment mechanisms are in high demand due to a growing focus on improving vehicle comfort and ergonomics. This includes the addition of actuators for adjusting seat positions, lumbar support, seat height, and other comfort features.

 

List of Key Market Players

  • Denso Corporation
  • Johnson Electric
  • CTS Corporation
  • Wabco Holdings Inc.
  • Sonceboz SA
  • Faurecia
  • Continental AG
  • Robert Bosch GmbH
  • Hella KGaA Hueck & Co.
  • BorgWarner Inc
  • Others

 

Key Market Developments

  • In August 2021, Faurecia, a French automotive supplier, has acquired the majority 60 percent equity stake in Hella, a lighting and electronics specialist, for €3.4 billion. It intends to acquire the remaining equity at a share price of 60 euros, resulting in a total enterprise value of 6.7 billion euros (Rs 55,388 crore) for 100% of Hella.

 

Market Segment

This study forecasts revenue at regional, and country levels from 2020 to 2033. Spherical Insights has segmented the France Automotive Electric Actuators Market based on the below-mentioned segments:

 

France Automotive Electric Actuators Market, Product Analysis

  • Brake Actuators
  • HVAC Actuators
  • Headlamp Actuators
  • Grill Shutter Actuators
  • Seat Actuators
  • Coolant & Refrigerant Valve Actuators
  • Others

 

France Automotive Electric Actuators Market, Vehicle Type Analysis

  • Passenger Vehicles
  • Commercial Vehicles
  • Others

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