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Canada Automotive Pneumatic Actuator Market Size & Share 2021-2028 | Growth Market Reports

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Sheryl Dias
Canada Automotive Pneumatic Actuator Market Size & Share 2021-2028 | Growth Market Reports

Canada automotive pneumatic actuator market size is estimated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising demand for fuel-efficient vehicles.

 

An actuator is a crucial part of electronic control systems in vehicles that takes in the energy supplied to it in the form of mechanical, electrical, or kinetic energy and converts this energy into motion or force. It is responsible for the conversion of the electrical signals from the control unit into action.

 

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Canada is among the major global Automotive Pneumatic Actuator Market player. In Canada, commercial vehicle has increased due to diesel vehicles fulfilling the emission standard, along with the growing demand for commercial vehicles. The increase in demand for commercial vehicles can be attributed to an increase in industrial and construction activity and road freight movement.

 

The most eminent actuator application in the region is power window motors, wiper motors, seat motors, door actuators, and brake actuators. Rear door actuators and body actuators are the other types of actuators most commonly used in a passenger vehicle in the region. Furthermore, stringent emission rules by the government for the reduction of emission and fuel consumption are leading to the use of electric vehicles. This reduces the market for fuel-powered vehicles, in which actuators are used.

 

The Covid-19 pandemic had an adverse impact on the automotive pneumatic actuator market. The production and supply in the market has been on halt owing to lockdown; however, the government’s steps and strategies have helped to neutralize the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

 

Market Segment Insights

 

The throttle actuator segment is projected to constitute a large market share

Based on application type, the Canadian automotive pneumatic actuator market is segregated into throttle actuator, fuel injection actuator, brake actuator, and others. The throttle actuator segment is expected to account for a key share of the market during the forecast period owing to its applications such as integrating control with other vehicle functions. These systems in SUVs permit the engine speed to be monitored for smooth driving over different terrains. Furthermore, these units are popular owing to their increased efficiency, enhanced functionality, increased operational safety, and reduced carbon emission, which is expected to drive the market growth.

 

The commercial vehicles segment is expected to register a substantial CAGR

Based on vehicle type, the market is divided into passenger cars and commercial vehicles. The commercial vehicles segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to an increase in production and sales of trucks and semi-trailers in the region; however, passenger car segment is anticipated to expand at a rapid pace during the forecast period owing to increasing demand for automatic hydraulic transmission and continuously variable transmission in passenger vehicles.

 

Competitive Landscape

Key players competing in the Canada automotive pneumatic actuator market include Bosh Rexroth AG; Nidec Corporation; Denso Corporation; SMC Corporation of America, and Emerson Electric Co.

 

About Growth Market Reports:

GROWTH MARKET REPORTS provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GROWTH MARKET REPORTS has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys.

 

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