Global Automotive Torque Actuator Motor Market

Automotive Torque Actuator Motor Market Size, Share, Growth Analysis, By Product (Dc Motors, Stepper Motors, and Traction Motors), By Vehicle Type(Two-wheelers, Electric Two-wheelers, Passenger Cars, Light Commercial Vehicles (LCVs)), By Sales Channel(OEM and Aftermarket), By Application(Performance, Safety and Comfort), By Region - Industry Forecast 2024-2031


Report ID: SQMIG25A2254 | Region: Global | Published Date: April, 2024
Pages: 223 |Tables: 118 |Figures: 74

Automotive Torque Actuator Motor Market Insights

Global Automotive Torque Actuator Motor Market size was valued at USD 19.83 Billion in 2022 and is poised to grow from USD 21.14 Billion in 2023 to USD 35.25 Billion by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

The automotive torque actuator motor market witnesses a steady growth rate across the globe, driven by technological advancements, increasing demand for automotive electrification, and increasing focus on fuel efficiency and emissions reduction. Torque actuator motors enable precise control of torque distribution in modern transportation systems.

Due to stringent fuel efficiency regulations worldwide, automakers are increasingly resorting to torque actuator motors to improve engine performance and transmission performance efficiency. These devices provide precise torque management for improved fuel efficiency, and reduced emissions. The transition to electric and hybrid vehicles is driving demand for torque actuator motors. These devices are essential components of electric vehicles, contributing to torque vectors, regenerative braking, and overall vehicle dynamics.

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Automotive Torque Actuator Motor Market Segmental Analysis

The global market is segmented based on product, vehicle type, sales channel, applications and region. Based on product, the market is categorized into DC motors, stepper motors, and traction motors. The vehicle type segment is bifurcated into two-wheelers, electric two-wheelers, passenger cars, light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV) and hybrid electric vehicle (HEV). Based on sales channel, the market is classified into OEM and aftermarket. By application, the market study is segmented into performance, safety and comfort. Based on the region, the market is categorized into North America, Europe, Asia-Pacific, South America, and MEA.

Analysis by Vehicle Type

The passenger car is the dominant segment in the market and represents a large portion of the overall market. The mass production and extensive use of these vehicles for personal and commercial travel greatly contributes to the demand for advanced convertibles. Automakers integrate these systems into cars that combine passenger and small commercial vehicles driving customer experience, enabling customers to experience increased satisfaction and brand loyalty.

The light commercial vehicle is the fastest growing segment in the market which encompasses vehicles including sedans, SUVs, hatchbacks and pickup trucks, catering to different customer preferences. With increasing emphasis on fuel efficiency, emission reduction, and safety regulations, advanced shifter systems can help automakers meet stringent regulations the to handle automatic manual transmissions (AMTs) and continuously variable transmissions (CVTs). The properties improve fuel efficiency and help reduce greenhouse gas emissions, in line with regulations aimed at reducing environmental impact.

Analysis by Product

DC motors are the dominating segment which are widely used in automotive torque actuator systems due to their reliability, versatility and well-established technology. They offer precise control of torque delivery, making them suitable for various applications such as throttle control, variable valve timing and turbocharger. DC motors can be tailored to specific vehicle needs, including power output, torque characteristics, and uptime Vehicle manufacturers can customize DC motor systems and to achieve desired performance and efficiency goals for a variety of vehicle models and engine configurations. DC motors are relatively cost-effective compared to other motors, making them attractive for mass production vehicles. Their wide availability and maturity contribute to cost-effective design and deployment of automotive torque actuator systems.

Stepper motors is the fastest growing segment which provides precise positioning and control, making them suitable for applications requiring precise control, such as throttle control, exhaust gas recirculation (EGR) system, and variable camshaft timing. Stepper motors work by dividing a complete cycle into discrete steps, enabling precise control of speed and position This characteristic makes them ideally suited for applications where fine flexibility is required, such as engine calibration and emission control systems. Stepper motors are compatible with digital control systems commonly used in modern vehicles. It is easily integrated into an electronic control unit (ECU).

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Automotive Torque Actuator Motor Market Regional Insights

North America is dominating the global automotive torque actuator motor market, driven primarily by technological innovation and the presence of leading automotive manufacturers and suppliers. The automotive performance monitoring, including sports cars, luxury cars are fueling the demand for advanced transmission technologies like torque actuator motors. Moreover, regulatory provisions aimed at improving fuel efficiency and reducing emissions are driving the adoption of these devices in the market.

The Asia-Pacific region, especially China, Japan and South Korea, holds the dominant position in the global automotive torque actuator motor market. This can be attributed to the growing regional automotive industry, improved manufacturing and increasing investments with higher demand for passenger vehicles and stricter regulations.

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Automotive Torque Actuator Motor Market Dynamics

Drivers

Rising Demand for Enhanced Driving Experience

  • The automotive industry is seeing a demand for advanced shifter systems due to increased focus on enhancing the overall driving experience. Customers are looking for smoother, more convenient ways to drive modified vehicles with improved ergonomics and improved handling comfort, recognition of technology.

Technological Innovations

  • Continued advances in automotive technology, especially trailers, are driving the adoption of advanced shifter systems. Features such as electronic shift-by-wire systems, paddle shifters, and automatic manual transmissions (AMTs) are increasingly popular as they provide improved driver efficiency, performance and convenience.

Restraints

High Cost of Advanced Technology

  • Adding advanced torque actuator motors to a cargo vehicle can dramatically increase production costs. This poses a challenge for automakers, especially in markets where cost considerations may lead to greater acceptance.

Integration challenges

  • Implementation of torque actuator motors in modern automotive construction requires sophisticated integration of control algorithms, sensors, and software These challenges can challenge automotive engineers during the design, development and validation phases, which could delay time to market and increase development costs.

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Automotive Torque Actuator Motor Market Competitive Landscape

This market is highly competitive and fragmented in nature, with many players operating in the industry. These companies provide a wide variety of mobility vehicles such as electric, hydraulic, pneumatic, mechanical and other. Factors such as increasing production of automobiles, increasing demand for comfort and convenience, and government regulations strong emissions and fuel efficiency drive the market.

Top Player’s Company Profiles

  • Denso Corporation - Japan
  • Valeo SA - France
  • BorgWarner Inc. - US
  • Hitachi, Ltd. - Japan
  • Mitsubishi Electric Corporation - Japan
  • Hella GmbH & Co. KGaA - Germany
  • Aisin Seiki Co., Ltd. - Japan
  • Mahle GmbH - Germany
  • ZF Friedrichshafen AG - Germany
  • Nidec Corporation - Japan
  • WABCO Holdings Inc. - Belgium
  • Magna International Inc. - Canada
  • Rheinmetall Automotive AG - Germany
  • HELLA KGaA Hueck & Co. - Germany
  • Infineon Technologies AG - Germany
  • Mabuchi Motor Co., Ltd. - Japan
  • CTS Corporation - US

Recent Developments

  • Hella increased its application-specific electronics expertise in March 2021. The company expanded its product portfolio, which now includes actuators, sensors and energy management, as well as body electronics and driver assistance systems.
  • Continental announced the opening of a dedicated greenfield plant for its powertrain division in Talegaon, Pune, in February 2021. EUR 30 million will be invested in infrastructure and construction by 2020. Construction has already begun. Production of a range of drivetrain applications, including engine management systems, sensors and actuators, and fuel and exhaust management components for passenger cars, 2-wheelers and commercial vehicles, is set to begin in early 2020.
  • Denso Corporation and Smiths Manufacturing (Pty) Ltd, managed by Metair Investments Ltd, announced the formation in July 2021 of Denso Sales South Africa (Pty) Ltd, a joint venture dedicated to the sales and businesses for sale in South Africa Car ownership. DENSO Sales South Africa was created to sell storage and accessories and provide services such as repairs.

Automotive Torque Actuator Motor Key Market Trends

  • Increasing Adoption of Electrically Assisted Turbochargers: An emerging trend in the global automotive torque actuator motor market is the increasing adoption of electrically assisted turbochargers. These systems use torque actuator motors to control turbine speed, optimize boost pressure and improve engine responsiveness, especially at low speeds electric turbocharging technology is gaining traction as automakers seek to boost performance and the increased fuel efficiency of combustion engines.

Automotive Torque Actuator Motor Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

The global automotive torque actuator motor market is an important segment of the wider automotive industry, undergoing significant growth and development driven by technological advancements, consumer preferences and regulatory pressures. Torque actuator motors play an important role in modern automotive transmission systems, thereby improving torque distribution. Precise control is enabled to improve the vehicle's overall performance, efficiency and drivability. Amid growing emissions regulations and environmental concerns, there has been increasing emphasis on fuel efficiency well improved throughout the automotive industry Torque actuator motors play an important role in improving engine performance and transmission efficiency, contributing to reduced fuel consumption and emissions. Global shift to hybrid electric vehicles is driving demand for torque actuator motors. These motors are key components in electric vehicles, supporting torque vector, regenerative braking and overall vehicle dynamics. Time with automakers expanding and demanding their electric vehicle segments.

Report Metric Details
Market size value in 2022 USD 19.83 Billion
Market size value in 2031 USD 35.25 Billion
Growth Rate 6.6%
Base year 2023
Forecast period (2024-2031)
Forecast Unit (Value) USD Billion
Segments covered
  • Product
    • Dc Motors, Stepper Motors, and Traction Motors
  • Vehicle Type
    • Two-wheelers, Electric Two-wheelers, Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), Battery Electric Vehicle (BEV), Plug-in Hybrid electric Vehicle (PHEV) and Hybrid Electric Vehicle (HEV)
  • Sales Channel
    • OEM and Aftermarket
  • Application
    • Performance, Safety and Comfort
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Denso Corporation - Japan
  • Valeo SA - France
  • BorgWarner Inc. - US
  • Hitachi, Ltd. - Japan
  • Mitsubishi Electric Corporation - Japan
  • Hella GmbH & Co. KGaA - Germany
  • Aisin Seiki Co., Ltd. - Japan
  • Mahle GmbH - Germany
  • ZF Friedrichshafen AG - Germany
  • Nidec Corporation - Japan
  • WABCO Holdings Inc. - Belgium
  • Magna International Inc. - Canada
  • Rheinmetall Automotive AG - Germany
  • HELLA KGaA Hueck & Co. - Germany
  • Infineon Technologies AG - Germany
  • Mabuchi Motor Co., Ltd. - Japan
  • CTS Corporation - US
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Automotive Torque Actuator Motor Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Automotive Torque Actuator Motor Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Automotive Torque Actuator Motor Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Torque Actuator Motor Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Torque Actuator Motor Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Automotive Torque Actuator Motor Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Automotive Torque Actuator Motor Market size was valued at USD 19.83 Billion in 2022 and is poised to grow from USD 21.14 Billion in 2023 to USD 35.25 Billion by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

This market is highly competitive and fragmented in nature, with many players operating in the industry. These companies provide a wide variety of mobility vehicles such as electric, hydraulic, pneumatic, mechanical and other. Factors such as increasing production of automobiles, increasing demand for comfort and convenience, and government regulations strong emissions and fuel efficiency drive the market. 'Denso Corporation - Japan', 'Valeo SA - France', 'BorgWarner Inc. - US', 'Hitachi, Ltd. - Japan', 'Mitsubishi Electric Corporation - Japan', 'Hella GmbH & Co. KGaA - Germany', 'Aisin Seiki Co., Ltd. - Japan', 'Mahle GmbH - Germany', 'ZF Friedrichshafen AG - Germany', 'Nidec Corporation - Japan', 'WABCO Holdings Inc. - Belgium', 'Magna International Inc. - Canada', 'Rheinmetall Automotive AG - Germany', 'HELLA KGaA Hueck & Co. - Germany', 'Infineon Technologies AG - Germany', 'Mabuchi Motor Co., Ltd. - Japan', 'CTS Corporation - US'

The automotive industry is seeing a demand for advanced shifter systems due to increased focus on enhancing the overall driving experience. Customers are looking for smoother, more convenient ways to drive modified vehicles with improved ergonomics and improved handling comfort, recognition of technology.

Increasing Adoption of Electrically Assisted Turbochargers: An emerging trend in the automotive torque actuator motor market is the increasing adoption of electrically assisted turbochargers. These systems use torque actuator motors to control turbine speed, optimize boost pressure and improve engine responsiveness, especially at low speeds electric turbocharging technology is gaining traction as automakers seek to boost performance and the increased fuel efficiency of combustion engines.

North America is dominating the automotive torque actuator motor market, driven primarily by technological innovation and the presence of leading automotive manufacturers and suppliers. The automotive performance monitoring, including sports cars, luxury cars are fueling the demand for advanced transmission technologies like torque actuator motors. Moreover, regulatory provisions aimed at improving fuel efficiency and reducing emissions are driving the adoption of these devices in the market.

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