Enjoy complimentary customisation on priority with our Enterprise License!
The Global Automotive Torque Actuator Motors Market size is estimated to grow by USD 3.82 billion, at a CAGR of 7% between 2023 and 2028. The growth of the automotive market hinges on several pivotal factors. Chief among these is the rising popularity and adoption of Electric Vehicles (EVs), driven by environmental concerns and technological advancements. Consumers' increasing propensity to invest in advanced vehicle features, such as autonomous driving capabilities and smart connectivity, also fuels market expansion. Furthermore, innovation in automotive actuator technologies plays a crucial role, enhancing vehicle performance and efficiency. These factors collectively contribute to a dynamic market landscape where manufacturers strive to meet evolving consumer demands for sustainable and technologically advanced transportation solutions. As the automotive industry continues to innovate and adapt, leveraging these trends will be instrumental in shaping future growth and competitiveness.
To learn more about this report, Request Free Sample
The market share growth by the ETC segment will be significant during the forecast period. The ETC segment was valued at USD 3.53 billion in 2018. Electronic Throttle Control (ETC) is a system used in modern vehicles to regulate the throttle opening and control the torque output of the engine. Torque actuators play a crucial role in the functioning of various automotive systems, such as the powertrain, braking system, steering system, and active suspension system. The use of torque actuators in ETC systems provides numerous benefits, including improved drivability, enhanced fuel efficiency, and the ability to integrate with advanced vehicle systems.
Get a glance at the market contribution of the segments, Request Free Sample
The growing demand for automotive actuators can be attributed to the increasing adoption of electric vehicles, the rise of autonomous driving, the focus on enhanced vehicle performance and efficiency, the emphasis on safety and stability, and advancements in actuator technology. Therefore, with the growing adoption of EVs, the global market is expected to witness high growth during the forecast period.
Based on vehicle type, passenger vehicle holds the largest market share. The electric vehicle (EV) market's rapid growth has spurred the need for torque actuators, which are essential for precise torque control in electric powertrains. As passenger EV adoption increases, the demand for torque actuators in this sector rises as well. They are vital for implementing various advanced driver assistance systems like adaptive cruise control, lane-keeping assist, automated parking, and collision avoidance. Torque actuators play a significant role in enhancing power delivery, torque distribution, acceleration, handling, and overall driving experience, positively impacting the global automotive torque market's growth.
APAC is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market share of various regions Request Free Sample
In modern automotive systems, especially in vehicles equipped with advanced features such as electric power steering, stability control, and hybrid or electric drivetrains, torque actuators play a vital role. These actuators are crucial in controlling and adjusting torque distribution, leading to improved vehicle performance, safety, and efficiency. With the increasing demand for electric and hybrid vehicles in the Asia-Pacific (APAC) region, the adoption of the products is expected to rise. EVs require sophisticated torque control systems to manage power distribution, optimize energy consumption, and enhance traction.
As APAC countries promote clean and sustainable transportation solutions, the demand in the region is likely to grow. Additionally, the integration of advanced driver assistance systems (ADAS) and autonomous driving technologies in vehicles will further drive the demand in APAC, fueling the growth of the regional market in the forecast period.
The market is propelled by advancements in electric motor technology and the drive towards more efficient vehicle systems. DC electric motors, including BLDC motors, are integral to torque actuator systems, enhancing rotational force and efficiency in applications like vehicle turbochargers. These motors optimize air flow and engine speed, contributing to reduced fuel use and lower carbon footprints. OEMs and aftermarket sectors are increasingly adopting direct drive and geared electric motors, leveraging nanotechnology for enhanced performance and reliability. These advancements support engine downsizing initiatives and reduce pollutants through precise engine load management. Electro-mechanical actuators, used in pump and fan, exemplify the industry's focus on integrating alternative motor technologies for improved vehicle dynamics and environmental sustainability, positioning the market for continued growth amidst evolving automotive trends.
Increased popularity and adoption of EVs is a primary factor driving the market growth. The surge in electric vehicle (EV) popularity is a key factor driving the demand for the motors. EVs rely on electric motors for propulsion, and the product motors play a vital role in controlling and delivering torque to the wheels. As the demand for EVs continues to rise, so does the need for actuator motors. These motors are responsible for regulating the torque output of EVs, ensuring efficient and precise control over torque distribution in the powertrain. Consequently, the increasing demand for and sales of EVs will have a positive impact on the global market during the forecast period.
Autonomous Driving and Advanced Driver Assistance Systems (ADAS) gaining traction is a major trend shaping the market growth. Torque actuator motors are essential components for the advancement of autonomous driving technologies and Advanced Driver Assistance Systems (ADAS). They play a critical role in steering assist systems, lane-keeping assist, and adaptive cruise control, providing the necessary Torque motor and control for automated driving functionalities. The growing integration of autonomous and ADAS features in vehicles is driving the demand for motors. These motors are crucial for controlling steering and braking in autonomous driving systems, allowing precise management of vehicle movements. With the increasing popularity of autonomous and electric vehicles, the demand is expected to surge, positively impacting the market growth and trends during the forecast period.
High costs associated with torque actuators are a major challenge hindering market growth. The global market faces a significant challenge concerning cost. Electric vehicle components tend to be costly due to factors like specialized manufacturing processes, materials, and limited economies of scale. Achieving a balance between lowering the cost of the actuators while ensuring performance and reliability is crucial for widespread adoption. The increasing adoption of automation in the automotive industry has made high-precision actuator motors indispensable. To meet these demands, torque actuator manufacturers must invest more in research and development to drive innovation in their products and remain competitive in the market. However, this increased investment in R&D may lead to higher manufacturing costs for actuator vendors, potentially impacting the growth of the global market during the forecast period.
Companies are implementing various strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.
Curtiss Wright Corp. - The company offers automotive torque actuator motors such as GTX Series.
The market research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including Automation Technology Inc., Bray International Inc., Crane Holdings Co., CTS Corp., Curtiss Wright Corp., ElectroCraft Inc., Emerson Electric Co., Flowserve Corp., Hiwin Technologies Corp., Honeywell International Inc., Johnson Electric Holdings Ltd., Moog Inc., NSK Ltd., Pentair Plc, Rockwell Automation Inc., SMC Corp., SONCEBOZ SA, Tolomatic Inc., Val Matic Valve and Manufacturing Corp., and Woodward Inc.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
You may also interested in below market reports:
The market is driven by innovations in DC electric motor technology, particularly in applications like vehicle turbochargers and exhaust gas recirculation systems. These motors harness rotational energy force to optimize engine performance and fuel efficiency across passenger cars, light and heavy commercial vehicles. OEM are increasingly integrating direct drive systems and electro-mechanical actuators to meet stringent environmental emission regulations and enhance vehicle dynamics. From luxury cars to heavy-duty trucks, torque actuators play a critical role in climate impact mitigation by improving combustion efficiency and reducing carbon footprint. Advances in brushless DC motors and intelligent cam torque actuation systems further enhance comfort and vehicle performance, aligning with trends towards electric drives and fuel-efficient systems in response to global demands for sustainable mobility solutions.
In addition, the market is pivotal in enhancing vehicle performance and efficiency through advanced technologies like vehicle turbocharger, direct drive system, and electro-mechanical actuators. These components are integral across a wide spectrum of vehicles including passenger cars, light and heavy commercial vehicles, and heavy-duty vehicles. By integrating efficient systems such as exhaust heat recovery and turbocharger downsizing, manufacturers aim to reduce fuel consumption and mitigate pollution from gasoline and diesel engines. The market also focuses on optimizing mechanical components like brushed Direct current (DC) motors and stepper motors for applications ranging from headlamp placement to HVAC systems in both conventional and autonomous vehicles. With a growing emphasis on lower emissions and fuel-efficient technologies, torque actuators play a crucial role in addressing climate change concerns and promoting sustainable automobile production.
Market Scope |
|
Report Coverage |
Details |
Page number |
160 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7% |
Market Growth 2024-2028 |
USD 3.82 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
6.56 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 34% |
Key countries |
US, China, Germany, Japan, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Automation Technology Inc., Bray International Inc., Crane Holdings Co., CTS Corp., Curtiss Wright Corp., ElectroCraft Inc., Emerson Electric Co., Flowserve Corp., Hiwin Technologies Corp., Honeywell International Inc., Johnson Electric Holdings Ltd., Moog Inc., NSK Ltd., Pentair Plc, Rockwell Automation Inc., SMC Corp., SONCEBOZ SA, Tolomatic Inc., Val Matic Valve and Manufacturing Corp., and Woodward Inc. |
Market dynamics |
Parent market growth analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the market forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.