The Asia Pacific Automotive Torque Actuator Motor Market would witness market growth of 5.6% CAGR during the forecast period (2022-2028).
The development of these motors is being accelerated by increased investments in electric vehicles (EVs) and rising demand for energy-efficient motors. The demand for EVs is increasing due to the lower power consumption and superior efficiency of EV motors. Also, as more people desire greener solutions, emission rules created to defend environmental sustainability boost the EV market. Hybrid electric vehicles (HEVs) are more and more popular all over the region as a result of the general public's rising demand for zero-emission autos. Several vehicle Manufacturers are presently creating cutting-edge HEV and EV designs.
Motors are used in several applications, including windscreen wipers, sunroofs, HVAC blowers, ventilated seats, power windows, sliding doors, fuel pumps, power steering, radiator fans, steerable lamps, and many more. As each new automobile model, convenience, intelligence, and safety features advance increasing the need for more motors in those cars. For instance, a typical contemporary electric car may easily contain between 12 and 40 electric motors.
The region has taken over the electric vehicle sector due to rising EV sales, notably in China. China is the world's biggest manufacturer and customer of electric cars. Public policy goals, constructive regulations, and neighborhood air quality concerns support local interests. For instance, China has required that crossover or electric car producer’s account for at least 10 percent of all new vehicle sales. Beijing only issues a certain number of burning motor vehicle registration permits each year to entice citizens to switch to electric automobiles. Consequently, these factors are the key reasons the regional automotive torque actuator motor market is propelling.
The China market dominated the Asia Pacific Automotive Torque Actuator Motor Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,284.3 million by 2028. The Japan market is registering a CAGR of 5% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 6.3% during (2022 - 2028).
Based on Application, the market is segmented into Electronic Throttle Control (ETC), Exhaust Gas Circulation (EGR), Turbocharger and Others. Based on Vehicle Type, the market is segmented into Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle. Based on Distribution Channel, the market is segmented into OEM and Aftermarket. Based on Type, the market is segmented into Pneumatic & Mechanical and Electrical. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Automotive Torque Actuator Motor Market is Projected to reach USD 12.3 Billion by 2028, at a CAGR of 5.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NSK Ltd., HIWIN Technologies Corp., Mabuchi Motor Co., Ltd., MITSUBA Corporation, Continental AG, Johnson Electric Holdings Limited, CTS Corporation, ElectroCraft, Inc. (DMI Technology Corporation), Val-Matic Valve & Manufacturing Corporation (A.Y. McDonald Manufacturing Company), and Bray International, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Electronic Throttle Control (ETC)
- Exhaust Gas Circulation (EGR)
- Turbocharger
- Others
By Vehicle Type
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By Distribution Channel
By Type
- Pneumatic & Mechanical
- Electrical
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- NSK Ltd.
- HIWIN Technologies Corp.
- Mabuchi Motor Co., Ltd.
- MITSUBA Corporation
- Continental AG
- Johnson Electric Holdings Limited
- CTS Corporation
- ElectroCraft, Inc. (DMI Technology Corporation)
- Val-Matic Valve & Manufacturing Corporation (A.Y. McDonald Manufacturing Company)
- Bray International, Inc.
TABLE 1 Asia Pacific Automotive Torque Actuator Motor Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Automotive Torque Actuator Motor Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Automotive Torque Actuator Motor Market by Application, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Automotive Torque Actuator Motor Market by Application, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Electronic Throttle Control (ETC) Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Electronic Throttle Control (ETC) Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Exhaust Gas Circulation (EGR) Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Exhaust Gas Circulation (EGR) Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Turbocharger Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Turbocharger Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Automotive Torque Actuator Motor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Automotive Torque Actuator Motor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Passenger Car Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Passenger Car Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Light Commercial Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Light Commercial Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Heavy Commercial Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Heavy Commercial Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Automotive Torque Actuator Motor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Automotive Torque Actuator Motor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 23 Asia Pacific OEM Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific OEM Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Aftermarket Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Aftermarket Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Automotive Torque Actuator Motor Market by Type, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Automotive Torque Actuator Motor Market by Type, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Pneumatic & Mechanical Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Pneumatic & Mechanical Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Electrical Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Electrical Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Automotive Torque Actuator Motor Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Automotive Torque Actuator Motor Market by Country, 2022 - 2028, USD Million
TABLE 35 China Automotive Torque Actuator Motor Market, 2018 - 2021, USD Million
TABLE 36 China Automotive Torque Actuator Motor Market, 2022 - 2028, USD Million
TABLE 37 China Automotive Torque Actuator Motor Market by Application, 2018 - 2021, USD Million
TABLE 38 China Automotive Torque Actuator Motor Market by Application, 2022 - 2028, USD Million
TABLE 39 China Automotive Torque Actuator Motor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 40 China Automotive Torque Actuator Motor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 41 China Automotive Torque Actuator Motor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 42 China Automotive Torque Actuator Motor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 43 China Automotive Torque Actuator Motor Market by Type, 2018 - 2021, USD Million
TABLE 44 China Automotive Torque Actuator Motor Market by Type, 2022 - 2028, USD Million
TABLE 45 Japan Automotive Torque Actuator Motor Market, 2018 - 2021, USD Million
TABLE 46 Japan Automotive Torque Actuator Motor Market, 2022 - 2028, USD Million
TABLE 47 Japan Automotive Torque Actuator Motor Market by Application, 2018 - 2021, USD Million
TABLE 48 Japan Automotive Torque Actuator Motor Market by Application, 2022 - 2028, USD Million
TABLE 49 Japan Automotive Torque Actuator Motor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 50 Japan Automotive Torque Actuator Motor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 51 Japan Automotive Torque Actuator Motor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 Japan Automotive Torque Actuator Motor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 Japan Automotive Torque Actuator Motor Market by Type, 2018 - 2021, USD Million
TABLE 54 Japan Automotive Torque Actuator Motor Market by Type, 2022 - 2028, USD Million
TABLE 55 India Automotive Torque Actuator Motor Market, 2018 - 2021, USD Million
TABLE 56 India Automotive Torque Actuator Motor Market, 2022 - 2028, USD Million
TABLE 57 India Automotive Torque Actuator Motor Market by Application, 2018 - 2021, USD Million
TABLE 58 India Automotive Torque Actuator Motor Market by Application, 2022 - 2028, USD Million
TABLE 59 India Automotive Torque Actuator Motor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 60 India Automotive Torque Actuator Motor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 61 India Automotive Torque Actuator Motor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 India Automotive Torque Actuator Motor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 India Automotive Torque Actuator Motor Market by Type, 2018 - 2021, USD Million
TABLE 64 India Automotive Torque Actuator Motor Market by Type, 2022 - 2028, USD Million
TABLE 65 South Korea Automotive Torque Actuator Motor Market, 2018 - 2021, USD Million
TABLE 66 South Korea Automotive Torque Actuator Motor Market, 2022 - 2028, USD Million
TABLE 67 South Korea Automotive Torque Actuator Motor Market by Application, 2018 - 2021, USD Million
TABLE 68 South Korea Automotive Torque Actuator Motor Market by Application, 2022 - 2028, USD Million
TABLE 69 South Korea Automotive Torque Actuator Motor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 70 South Korea Automotive Torque Actuator Motor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 71 South Korea Automotive Torque Actuator Motor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 72 South Korea Automotive Torque Actuator Motor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 73 South Korea Automotive Torque Actuator Motor Market by Type, 2018 - 2021, USD Million
TABLE 74 South Korea Automotive Torque Actuator Motor Market by Type, 2022 - 2028, USD Million
TABLE 75 Singapore Automotive Torque Actuator Motor Market, 2018 - 2021, USD Million
TABLE 76 Singapore Automotive Torque Actuator Motor Market, 2022 - 2028, USD Million
TABLE 77 Singapore Automotive Torque Actuator Motor Market by Application, 2018 - 2021, USD Million
TABLE 78 Singapore Automotive Torque Actuator Motor Market by Application, 2022 - 2028, USD Million
TABLE 79 Singapore Automotive Torque Actuator Motor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 80 Singapore Automotive Torque Actuator Motor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 81 Singapore Automotive Torque Actuator Motor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 82 Singapore Automotive Torque Actuator Motor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 83 Singapore Automotive Torque Actuator Motor Market by Type, 2018 - 2021, USD Million
TABLE 84 Singapore Automotive Torque Actuator Motor Market by Type, 2022 - 2028, USD Million
TABLE 85 Malaysia Automotive Torque Actuator Motor Market, 2018 - 2021, USD Million
TABLE 86 Malaysia Automotive Torque Actuator Motor Market, 2022 - 2028, USD Million
TABLE 87 Malaysia Automotive Torque Actuator Motor Market by Application, 2018 - 2021, USD Million
TABLE 88 Malaysia Automotive Torque Actuator Motor Market by Application, 2022 - 2028, USD Million
TABLE 89 Malaysia Automotive Torque Actuator Motor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 90 Malaysia Automotive Torque Actuator Motor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 91 Malaysia Automotive Torque Actuator Motor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 92 Malaysia Automotive Torque Actuator Motor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 93 Malaysia Automotive Torque Actuator Motor Market by Type, 2018 - 2021, USD Million
TABLE 94 Malaysia Automotive Torque Actuator Motor Market by Type, 2022 - 2028, USD Million
TABLE 95 Rest of Asia Pacific Automotive Torque Actuator Motor Market, 2018 - 2021, USD Million
TABLE 96 Rest of Asia Pacific Automotive Torque Actuator Motor Market, 2022 - 2028, USD Million
TABLE 97 Rest of Asia Pacific Automotive Torque Actuator Motor Market by Application, 2018 - 2021, USD Million
TABLE 98 Rest of Asia Pacific Automotive Torque Actuator Motor Market by Application, 2022 - 2028, USD Million
TABLE 99 Rest of Asia Pacific Automotive Torque Actuator Motor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 100 Rest of Asia Pacific Automotive Torque Actuator Motor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 101 Rest of Asia Pacific Automotive Torque Actuator Motor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 102 Rest of Asia Pacific Automotive Torque Actuator Motor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 103 Rest of Asia Pacific Automotive Torque Actuator Motor Market by Type, 2018 - 2021, USD Million
TABLE 104 Rest of Asia Pacific Automotive Torque Actuator Motor Market by Type, 2022 - 2028, USD Million
TABLE 105 Key Information – Nsk ltd.
TABLE 106 Key Information – HIWIN Technologies Corp.
TABLE 107 Key Information – Mabuchi Motor Co., Ltd.
TABLE 108 Key Information – MITSUBA Corporation
TABLE 109 Key Information – Continental AG
TABLE 110 Key Information – Johnson Electric Holdings Limited
TABLE 111 Key Information – CTS Corporation
TABLE 112 Key Information – ElectroCraft, Inc.
TABLE 113 Key Information – Val-Matic Valve & Manufacturing Corporation
TABLE 114 Key Information – Bray International, Inc.
List of Figures
FIG 1 Methodology for the research