The automotive actuator is a type of motor that operates through electric current, hydraulic fluid, or pneumatic pressure and converts that energy into motion. Given the growing concerns regarding environmental changes, the automotive industry is developing new and improved components to increase the fuel-efficiency of vehicles. They are an essential part of the electronic control system in vehicles, as they convert electrical signals from the control unit into an action. Actuators which are responsible for moving and controlling mechanism of a system.

The vendor DIVE provides information about the major players that offer automotive actuators and outlines the findings and analysis on how well each market vendor performs within predefined DIVE criteria. The vendor evaluations are based on two broad categories — product offering and business strategy. Each category carries various criteria based on which the vendors will be evaluated. The evaluation criteria considered under product offering includes the breadth of offering, product innovation, and market presence (OEM and aftermarket). The evaluation criteria considered under business strategy includes reach (on the basis of regional presence), revenue growth, infrastructure and key clients channel, inorganic growth (on the basis of partnerships, collaborations, and acquisitions) organic growth.

Visionary Leaders considered have a strong base of product portfolio, solutions, and services offering automotive actuators. These vendors have been marking their presence in the automotive actuators market by offering highly advanced, customized, and easily deployable solutions for the OEMs, coupled with their robust business strategy to achieve constant growth in the automotive actuators market.

The dynamic companies have an innovative product portfolio, solutions, and services, and also have an extensive network of channel partners to increase the deployment of their solutions across a multitude of vertical markets. Over the years, the dynamic vendors have been consistently generating positive revenue growth in the automotive actuators market, and their market position is boosted by the organic and inorganic ventures, undertaken by them over the period.

The innovators have a vast and innovative portfolio of automotive actuators and a robust potential to build strong business strategies for their business growth to be at par with the vanguards. These vendors have been consistently offering its customers automotive actuator portfolio to fulfill their demands. Innovators have been at the forefront in deploying their solutions.

The majority of the emerging vendors have been undertaking multiple acquisitions and boosting their sales capabilities across various regions to offer their integrated solutions, products, and services to a wide range of clients. The global automotive actuators market is growing rapidly with the increasing popularity of electric vehicles. The automotive actuators market comprises of different applications in which actuators are used. Some of these functions include engine, body control and interiors, and exteriors. The engine unit includes throttle actuator, wastegate actuator, VGT actuator, brake actuator, and EGR actuator. Body control and interiors application includes power seat actuators and HVAC actuators. The exterior application includes grille shutter actuator, headlamp actuator, hood lift actuator, and quick attach actuator. The growing demand for fuel-efficient vehicles has stimulated the demand for automotive actuators. The increasing use of electric actuators, which have the option of variable flow, helps to reduce fuel consumption. Also, the rising trend of engine downsizing has boosted the market for different actuators such as wastegate and VGT actuators.