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Last Updated: Apr 27, 2025 | Study Period: 2024-2030
A sophisticated system that combines electronic, chemical, mechanical, and thermodynamic technology is a hybrid electric vehicle (HEV). Control a HEV when it is moving.
Additionally, a hybrid drive motor that transmits power is positioned in between the engine and the automatic transmission in HEVs.
The mechanical transmission is paired with both the ICE and EE in parallel hybrids. They are able to deliver power to the wheels at the same time, typically using a regular transmission.
The demand for hybrid electric vehicles is anticipated to rise in the coming years due to benefits like reduced fuel consumption, environmental friendliness, regenerate braking system, and high resale value, among others.
This will in turn increase demand for electric vehicle actuators, driving the electric vehicle actuator market.
The US EV Actuators 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.
Electrical energy is transformed into mechanical movement by actuators. They are used to regulate the air conditioning and transmission in electric automobiles.
According to MAHLE, this product group is effectively growing in line with e-mobility requirements, and the Group's technical revolution is steadily progressing. As many as six million actuators will be produced annually, according to the business.
MAHLE actuators are a great illustration of how traditional product expertise from the area of combustion engines has been successfully transferred to the field of e-mobility.
Due to its experience manufacturing actuators for turbochargers in large quantities, MAHLE claims it is able to provide its new assembly groups for EVs with guaranteed high quality and favorable conditions.
Actuators are used, among other things, to lock the transmission in electric and hybrid cars when park mode is activated. Electric expansion valves are the newest additions to the actuator family and are used in EV thermal management.
They become operative when activated, allowing a refrigerant to circulate within the apparatus and control the temperature of the battery or power electronics. This prevents harm to the delicate components by maintaining them within the proper temperature range.
| 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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