The North America Automotive Torque Actuator Motor Market would witness market growth of 4.8% CAGR during the forecast period (2022-2028).
The torque level that an actuator can produce is expressed numerically as actuator torque. The word "torque" refers to the degree to which motive energy bends a body around a point or its axis. A high-performance racing vehicle, which tends to twist or lift to one side as the engine is cranked, is an excellent illustration of this. This response is brought on by the engine's torque, which, while being utilized to propel the vehicle ahead along its own axis, also rotates the car about its axis. Simply put, a device will be able to apply more power across a broader variety of operating loads the greater torque it can produce.
Pushing anything causes a straight-line motion, a visible demonstration of force. Contrarily, torque is best explained as the outcome of applying pressure to a wrench to spin a bolt around its axis. The same holds when a screwdriver is used to remove a stubborn screw. A significant amount of torque is created and applied to the screw by the force exerted on the screwdriver handle if it is well-designed and does not slide in one's hand. When defining actuator torque, the same rules that govern what factors affect how well similar forces may produce rotational motion also apply.
With the ability to create jobs, boost local manufacturing, battle climate change, and achieve environmental justice, the US is now well-positioned to lead the EV future. The government enlisted the support of manufacturers and autoworkers to achieve the bold goal of 50% electric car sales in the US by 2030. In addition to other robust new "Made in America" rules, this economic approach has boosted domestic manufacture of EVs, chargers for EVs, and batteries. Also, the Inflation Reduction Act is bringing down the price of new and used EVs for customers and fostering more stable market conditions for the automotive sector. Due to the government's intensified efforts to promote the adoption and production of electric cars in regional nations, the market for automotive torque actuator motors in the region is surging.
The US market dominated the North America 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 $2,450.5 million by 2028. The Canada market is experiencing a CAGR of 7.2% during (2022 - 2028). Additionally, The Mexico market would exhibit 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Automotive Torque Actuator Motor Market is Estimated to reach $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
- US
- Canada
- Mexico
- Rest of North America
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Automotive Torque Actuator Motor Market, by Application
1.4.2 North America Automotive Torque Actuator Motor Market, by Vehicle Type
1.4.3 North America Automotive Torque Actuator Motor Market, by Distribution Channel
1.4.4 North America Automotive Torque Actuator Motor Market, by Type
1.4.5 North America Automotive Torque Actuator Motor Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Automotive Torque Actuator Motor Market by Application
3.1 North America Electronic Throttle Control (ETC) Market by Country
3.2 North America Exhaust Gas Circulation (EGR) Market by Country
3.3 North America Turbocharger Market by Country
3.4 North America Others Market by Country
Chapter 4. North America Automotive Torque Actuator Motor Market by Vehicle Type
4.1 North America Passenger Car Market by Country
4.2 North America Light Commercial Vehicle Market by Country
4.3 North America Heavy Commercial Vehicle Market by Country
Chapter 5. North America Automotive Torque Actuator Motor Market by Distribution Channel
5.1 North America OEM Market by Country
5.2 North America Aftermarket Market by Country
Chapter 6. North America Automotive Torque Actuator Motor Market by Type
6.1 North America Pneumatic & Mechanical Market by Country
6.2 North America Electrical Market by Country
Chapter 7. North America Automotive Torque Actuator Motor Market by Country
7.1 US Automotive Torque Actuator Motor Market
7.1.1 US Automotive Torque Actuator Motor Market by Application
7.1.2 US Automotive Torque Actuator Motor Market by Vehicle Type
7.1.3 US Automotive Torque Actuator Motor Market by Distribution Channel
7.1.4 US Automotive Torque Actuator Motor Market by Type
7.2 Canada Automotive Torque Actuator Motor Market
7.2.1 Canada Automotive Torque Actuator Motor Market by Application
7.2.2 Canada Automotive Torque Actuator Motor Market by Vehicle Type
7.2.3 Canada Automotive Torque Actuator Motor Market by Distribution Channel
7.2.4 Canada Automotive Torque Actuator Motor Market by Type
7.3 Mexico Automotive Torque Actuator Motor Market
7.3.1 Mexico Automotive Torque Actuator Motor Market by Application
7.3.2 Mexico Automotive Torque Actuator Motor Market by Vehicle Type
7.3.3 Mexico Automotive Torque Actuator Motor Market by Distribution Channel
7.3.4 Mexico Automotive Torque Actuator Motor Market by Type
7.4 Rest of North America Automotive Torque Actuator Motor Market
7.4.1 Rest of North America Automotive Torque Actuator Motor Market by Application
7.4.2 Rest of North America Automotive Torque Actuator Motor Market by Vehicle Type
7.4.3 Rest of North America Automotive Torque Actuator Motor Market by Distribution Channel
7.4.4 Rest of North America Automotive Torque Actuator Motor Market by Type
Chapter 8. Company Profiles
8.1 NSK Ltd.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.2 HIWIN Technologies Corp.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.3 Mabuchi Motor Co., Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.4 MITSUBA Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.5 Continental AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.6 Johnson Electric Holdings Limited
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.7 CTS Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expenses
8.8 ElectroCraft, Inc. (DMI Technology Corporation)
8.8.1 Company Overview
8.9 Val-Matic Valve & Manufacturing Corporation (A.Y. McDonald Manufacturing Company)
8.9.1 Company Overview
8.10. Bray International, Inc.
8.10.1 Company Overview
TABLE 1 North America Automotive Torque Actuator Motor Market, 2018 - 2021, USD Million
TABLE 2 North America Automotive Torque Actuator Motor Market, 2022 - 2028, USD Million
TABLE 3 North America Automotive Torque Actuator Motor Market by Application, 2018 - 2021, USD Million
TABLE 4 North America Automotive Torque Actuator Motor Market by Application, 2022 - 2028, USD Million
TABLE 5 North America Electronic Throttle Control (ETC) Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Electronic Throttle Control (ETC) Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Exhaust Gas Circulation (EGR) Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Exhaust Gas Circulation (EGR) Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Turbocharger Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Turbocharger Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Automotive Torque Actuator Motor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 14 North America Automotive Torque Actuator Motor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 15 North America Passenger Car Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Passenger Car Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Light Commercial Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Light Commercial Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Heavy Commercial Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Heavy Commercial Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Automotive Torque Actuator Motor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 22 North America Automotive Torque Actuator Motor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 23 North America OEM Market by Country, 2018 - 2021, USD Million
TABLE 24 North America OEM Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Aftermarket Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Aftermarket Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Automotive Torque Actuator Motor Market by Type, 2018 - 2021, USD Million
TABLE 28 North America Automotive Torque Actuator Motor Market by Type, 2022 - 2028, USD Million
TABLE 29 North America Pneumatic & Mechanical Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Pneumatic & Mechanical Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Electrical Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Electrical Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Automotive Torque Actuator Motor Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Automotive Torque Actuator Motor Market by Country, 2022 - 2028, USD Million
TABLE 35 US Automotive Torque Actuator Motor Market, 2018 - 2021, USD Million
TABLE 36 US Automotive Torque Actuator Motor Market, 2022 - 2028, USD Million
TABLE 37 US Automotive Torque Actuator Motor Market by Application, 2018 - 2021, USD Million
TABLE 38 US Automotive Torque Actuator Motor Market by Application, 2022 - 2028, USD Million
TABLE 39 US Automotive Torque Actuator Motor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 40 US Automotive Torque Actuator Motor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 41 US Automotive Torque Actuator Motor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 42 US Automotive Torque Actuator Motor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 43 US Automotive Torque Actuator Motor Market by Type, 2018 - 2021, USD Million
TABLE 44 US Automotive Torque Actuator Motor Market by Type, 2022 - 2028, USD Million
TABLE 45 Canada Automotive Torque Actuator Motor Market, 2018 - 2021, USD Million
TABLE 46 Canada Automotive Torque Actuator Motor Market, 2022 - 2028, USD Million
TABLE 47 Canada Automotive Torque Actuator Motor Market by Application, 2018 - 2021, USD Million
TABLE 48 Canada Automotive Torque Actuator Motor Market by Application, 2022 - 2028, USD Million
TABLE 49 Canada Automotive Torque Actuator Motor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 50 Canada Automotive Torque Actuator Motor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 51 Canada Automotive Torque Actuator Motor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 Canada Automotive Torque Actuator Motor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 Canada Automotive Torque Actuator Motor Market by Type, 2018 - 2021, USD Million
TABLE 54 Canada Automotive Torque Actuator Motor Market by Type, 2022 - 2028, USD Million
TABLE 55 Mexico Automotive Torque Actuator Motor Market, 2018 - 2021, USD Million
TABLE 56 Mexico Automotive Torque Actuator Motor Market, 2022 - 2028, USD Million
TABLE 57 Mexico Automotive Torque Actuator Motor Market by Application, 2018 - 2021, USD Million
TABLE 58 Mexico Automotive Torque Actuator Motor Market by Application, 2022 - 2028, USD Million
TABLE 59 Mexico Automotive Torque Actuator Motor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 60 Mexico Automotive Torque Actuator Motor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 61 Mexico Automotive Torque Actuator Motor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Mexico Automotive Torque Actuator Motor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Mexico Automotive Torque Actuator Motor Market by Type, 2018 - 2021, USD Million
TABLE 64 Mexico Automotive Torque Actuator Motor Market by Type, 2022 - 2028, USD Million
TABLE 65 Rest of North America Automotive Torque Actuator Motor Market, 2018 - 2021, USD Million
TABLE 66 Rest of North America Automotive Torque Actuator Motor Market, 2022 - 2028, USD Million
TABLE 67 Rest of North America Automotive Torque Actuator Motor Market by Application, 2018 - 2021, USD Million
TABLE 68 Rest of North America Automotive Torque Actuator Motor Market by Application, 2022 - 2028, USD Million
TABLE 69 Rest of North America Automotive Torque Actuator Motor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 70 Rest of North America Automotive Torque Actuator Motor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 71 Rest of North America Automotive Torque Actuator Motor Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 72 Rest of North America Automotive Torque Actuator Motor Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 73 Rest of North America Automotive Torque Actuator Motor Market by Type, 2018 - 2021, USD Million
TABLE 74 Rest of North America Automotive Torque Actuator Motor Market by Type, 2022 - 2028, USD Million
TABLE 75 Key Information – Nsk ltd.
TABLE 76 Key Information – HIWIN Technologies Corp.
TABLE 77 Key Information – Mabuchi Motor Co., Ltd.
TABLE 78 Key Information – MITSUBA Corporation
TABLE 79 Key Information – Continental AG
TABLE 80 Key Information – Johnson Electric Holdings Limited
TABLE 81 Key Information – CTS Corporation
TABLE 82 Key Information – ElectroCraft, Inc.
TABLE 83 Key Information – Val-Matic Valve & Manufacturing Corporation
TABLE 84 Key Information – Bray International, Inc.
List of Figures
FIG 1 Methodology for the research