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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The complexity of electric powertrain options for passenger automobiles, commercial vehicles, and two-wheelers is rising. This makes it more crucial than ever to be able to quickly adjust them to various application requirements.
With its scalable, modular hardware and a software platform, the electronic actuator can aid in the realisation of cost-effective and efficient powertrain solutions.
Actuators and other motion control parts for electric vehicles are in high demand since the electric vehicle (EV) market is anticipated to grow over the next decade.
The Mexico EV Actuators Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2029, registering a CAGR of XX% from 2024 to 2030.
The entry-level BMW X vehicle is now more alluring than ever. The new BMW X1, now in its third model generation, has a more pronounced design, superior interior space, cutting-edge digitalization, and, for the first time, an all-electric driving system.
The new BMW X1 comes equipped with near-actuator wheel slip limiting as standard, which improves traction and directional stability.
The new actuator manufacturing facility owned and operated by Bendix Commercial Vehicle Systems LLC in Acua, Mexico, recently held its grand opening celebration. With the launch of this facility, the company's Acua operations will now include a third production site.
At the Acua III facility, which is next to the Bendix Acua I and Acua II factories, actuator items such as spring brakes and service chambers are produced.
The joint venture between Bendix Commercial Vehicle Systems LLC and Dana Commercial Vehicle Products LLC, called Bendix Spicer Foundation Brake LLC, is anticipating receiving at least one million actuators annually from the Acua III factory.
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 |