Global Automotive Handwheel Actuator Market 2024-2030

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    AUTOMOTIVE HANDWHEEL ACTUATOR MARKET

     

    INTRODUCTION

     For AE-type electric gear motor actuators, CV-type hand wheel actuators are employed as backup emergency actuators.

     

    When the AE-type swivel actuator is in operation, the CV hand wheel is dormant.

     

    The handwheel actuator consists of a driver input shaft, a gear train connected to the shaft, a motor responsive to control signals from a controller and variably geared to the gear train, an electro-mechanical brake responsive to control signals from the controller and geared to either the driver input shaft or the gear train, and a stop mechanism attached to a housing and coupled to either the electro-mechanical brake or the gear train.

     

    AUTOMOTIVE HANDWHEEL ACTUATOR MARKET SIZE AND FORECAST

     

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    The Global automotive handwheel actuator market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    AUTOMOTIVE HANDWHEEL ACTUATOR MARKET RECENT DEVELOPMENT

    The innovative steer-by-wire steering mechanism, developed by Hitachi Astemo, Ltd., replaces the traditional steering wheel and increases passenger space.

     

    An crucial technology for self-driving cars and other next-generation vehicles, steer-by-wire is a feature that steers the vehicles electrically.

     

    The steering and turning actuator is connected by steer-by-wire technology, which offers the advantages of increased safety and comfort as well as interior design flexibility. 

     

    The actuator is a device that transforms power from the driver’s or the vehicle’s motive force into an action via electric signals to steer the vehicle.

     

    Hitachi Astemo is developing steer-by-wire technology in advance of automated driving by utilising the resources of the whole Hitachi Group.

     

    New steer-by-wire technologies provide automakers more design freedom when creating next-generation vehicles, whether they keep the traditional steering wheel or do away with it entirely.

     

     A simple mechanical device for steering feedback, the optimization of the turning actuator, and the elimination of control devices on the steering wheel/device all contribute to the system’s cost-effectiveness and allow for the optimization of driver assistance controls like emergency avoidance and behaviour compensation control.

     

    Fail-safe functions are included to ensure that the system continues to work in the case of a breakdown or loss of circuitry in order to prevent failures, which are a concern with steer-by-wire systems.

     

    The actuator is powered by two different sources, and the steering angle sensor in the actuator determines the steering device’s input angle.

     

    AUTOMOTIVE HANDWHEEL ACTUATOR MARKET COMPANY PROFILE

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OF AUTOMOTIVE HANDWHEEL ACTUATOR MARKET

     

    1. How many  automotive handwheel actuators  are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global  automotive handwheel actuator  and key vendor selection criteria
    3. Where is the  automotive handwheel actuator  manufactured? What is the average margin per unit?
    4. Market share of Global  automotive handwheel actuator  market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global  automotive handwheel actuator  in-house
    6. key predictions for next 5 years in Global  automotive handwheel actuator  market
    7. Average B-2-B  automotive handwheel actuator  market price in all segments
    8. Latest trends in  automotive handwheel actuator  market, by every market segment
    9. The market size (both volume and value) of the  automotive handwheel actuator  market in 2024-2030 and every year in between?
    10. Production breakup of  automotive handwheel actuator  market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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