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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
An electric actuator is a tool that can move a load or perform an operation that needs force, like clamping, by employing an electric motor to provide the required force. For a force-requiring application, the actuator is necessary.
Electric actuators come in both rod-style and rodless varieties, with or without drives and motors. Many different industrial applications use electric actuators.
Dispensing and a variety of jointing techniques are available in the automobile industry for driverless transport vehicles, including welding, riveting, and glueing. In both passenger automobiles and commercial vehicles, actuators are an integral component of the electronic control systems.
Their responsibility is to execute the electrical impulses from the control unit. Electric motors or electromagnetic valves make up the majority of actuators.
The South Korea EV Actuators Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Genesis unveiled the "eG80" or electrified G80 model, which is the company's first electric vehicle. The G80 is the first premium big electric sedan from Genesis and the start of an all-electric series.
According to different driving circumstances, such as vehicle speed and driving mode, the Disconnector Actuator System (DAS) can also automatically connect or disconnect the motor and drive shaft. This enables seamless switching between 2WD and AWD to reduce unnecessary power loss and boost efficiency.
Shift by wire (SBW) actuators have been successfully developed locally by DAE-IL Corporation, a South Korean maker of powertrain components for cars, trucks, and motorbikes. Hyundai/Kia will receive the newly created actuators.
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, 2022-2027 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
21 | Product installation rate by OEM, 2022 |
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, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |