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According to the latest research, the global Automotive Torque Actuator Motors market size was valued at USD 504.41 million in 2022 and is expected to expand at a CAGR of 2.64% during the forecast period, reaching USD 589.78 million by 2028.
TAM motors can meet the current market's requirements for increasing fuel economy and reducing emissions, while also improving vehicle performance and driving performance. Variable geometry turbocharger (VGT), electronic throttle control (ETC) and exhaust gas recirculation (EGR) are a few examples of TAM motor applications.
Due to the outbreak of the COVID-19 epidemic, global interrelated auto parts suppliers have been significantly affected in the production and logistics links. In order to supply raw materials as quickly as possible, some vehicle manufacturers no longer supply them the specific location of the supplier is required, and the required parts products can be obtained through shortcuts to supply production needs.
In the environment of delayed resumption of work, the most intuitive impact on the auto market is the production capacity of major auto companies. As a major automobile producer, China, Shanghai, Guangdong and Wuhan will reduce automobile production during the epidemic. The suspension of a large number of cars will lead to a short-lived demand in the market, especially the public transportation problems faced in this epidemic, which will affect the market's car purchase demand from the side. The outbreak of the epidemic may lead to a short-term car purchase boom, especially for the rigid-need car buyers, who will clearly understand the importance of private car travel.
The further expansion of the epidemic has led to the suspension of production of various auto production companies and the failure to sell parts and components, resulting in the production status of a large number of auto parts manufacturers. Therefore, the outbreak of COVID-19 will not only affect the sales of automotive torque actuator motors, but will also affect production.
Decline in global car sales
As global economic growth slows, global car sales have also fallen. Most importantly, China is the world's largest auto market and its sales are weak. The uncertainty of import tariffs, the continuous increase in refined oil prices and the implementation of emission standards in certain regions have led to a decline in consumer consumption. As consumers postpone purchases, the decline in global car sales is inevitable. The decline in global car sales is a challenge facing automotive torque actuator motors.
Engine downsizing will drive demand for torque actuator motors
Major automakers have devoted themselves to research on reducing engine size. Engine downsizing is a technology in which a small engine is used to generate the power required by the vehicle through a supercharging device. Manufacturers are focusing on engine miniaturization, as this can improve vehicle fuel efficiency and reduce carbon emissions. Small engines can reduce the total weight of the vehicle and reduce the friction in the engine, thereby improving efficiency, and the demand for miniaturization of the engine is increasing. In terms of improving exhaust gas circulation, turbocharging, and throttle control, the torque actuator motor is used to obtain better output.
Region Overview:
Geographically, China held the largest market share – 43.64% in 2021.
Company Overview:
Johnson Electric is one of the major players operating in the Automotive Torque Actuator Motors market, holding a share of 38.48% in 2022.
Johnson Electric
Johnson Electric Holdings Limited, through its subsidiaries, designs, manufactures and markets micromotors. The Company's micromotor products are used in consumer and business product applications including automobile components, home appliances, power tools, multimedia, personal care, and business equipment.
Igarashi Electric Works Ltd.
Igarashi Electric Works Ltd. manufactures motors. The Company produces compact DC brush motors, geared motors, motor components, and other products.
Application Overview:
By application, the ETC Motor segment occupied the biggest share from 2017 to 2022.
ETC Motor
The electronic throttle control can precisely control the opening of the automobile engine throttle. Not only can it improve fuel usage and reduce emissions, it can also increase the sensitivity of the car's engine according to acceleration, deceleration and steering commands. The rapid response of the motor of the automotive torque actuator produces the best engine power, which helps to improve fuel efficiency.
VTG Motor
Automotive torque actuator motors are suitable for instantaneous position control and can be used to improve the performance of turbochargers, thereby improving power and fuel economy.
EGR Motor
Exhaust gas recirculation (EGR) is an emission control technology that enables engines to reduce exhaust emissions. Automotive torque actuator motors are applied to exhaust gas recirculation to improve performance.
This report elaborates on the market size, market characteristics, and market growth of the Automotive Torque Actuator Motors industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Automotive Torque Actuator Motors. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Automotive Torque Actuator Motors Market Report Include:
Market Size Estimates: Automotive Torque Actuator Motors market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Automotive Torque Actuator Motors market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Automotive Torque Actuator Motors market
Segment Market Analysis: Automotive Torque Actuator Motors market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Automotive Torque Actuator Motors market situations and prospects in major and top regions and countries
Automotive Torque Actuator Motors Market
Automotive Torque Actuator Motors Industry Chain: Automotive Torque Actuator Motors market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Automotive Torque Actuator Motors Industry News, Policies by regions
Automotive Torque Actuator Motors Industry Porters Five Forces Analysis
Key players in the global Automotive Torque Actuator Motors market are covered in Chapter 2:
Electrocraft
Johnson Electric
Igarashi Electric Works Ltd.
Mabuchi Motor
CCL
CTS
Mitsuba
In Chapter 6 and Chapter 9, on the basis of types, the Automotive Torque Actuator Motors market from 2018 to 2028 is primarily split into:
Pneumatic
Electric
Mechanical
In Chapter 7 and Chapter 10, on the basis of applications, the Automotive Torque Actuator Motors market from 2018 to 2028 covers:
ETC Motor
VTG Motor
EGR Motor
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Automotive Torque Actuator Motors market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Automotive Torque Actuator Motors industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Automotive Torque Actuator Motors market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Automotive Torque Actuator Motors industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Automotive Torque Actuator Motors market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Automotive Torque Actuator Motors market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Automotive Torque Actuator Motors market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
TAM motors can meet the current market's requirements for increasing fuel economy and reducing emissions, while also improving vehicle performance and driving performance. Variable geometry turbocharger (VGT), electronic throttle control (ETC) and exhaust gas recirculation (EGR) are a few examples of TAM motor applications.
Due to the outbreak of the COVID-19 epidemic, global interrelated auto parts suppliers have been significantly affected in the production and logistics links. In order to supply raw materials as quickly as possible, some vehicle manufacturers no longer supply them the specific location of the supplier is required, and the required parts products can be obtained through shortcuts to supply production needs.
In the environment of delayed resumption of work, the most intuitive impact on the auto market is the production capacity of major auto companies. As a major automobile producer, China, Shanghai, Guangdong and Wuhan will reduce automobile production during the epidemic. The suspension of a large number of cars will lead to a short-lived demand in the market, especially the public transportation problems faced in this epidemic, which will affect the market's car purchase demand from the side. The outbreak of the epidemic may lead to a short-term car purchase boom, especially for the rigid-need car buyers, who will clearly understand the importance of private car travel.
The further expansion of the epidemic has led to the suspension of production of various auto production companies and the failure to sell parts and components, resulting in the production status of a large number of auto parts manufacturers. Therefore, the outbreak of COVID-19 will not only affect the sales of automotive torque actuator motors, but will also affect production.
Decline in global car sales
As global economic growth slows, global car sales have also fallen. Most importantly, China is the world's largest auto market and its sales are weak. The uncertainty of import tariffs, the continuous increase in refined oil prices and the implementation of emission standards in certain regions have led to a decline in consumer consumption. As consumers postpone purchases, the decline in global car sales is inevitable. The decline in global car sales is a challenge facing automotive torque actuator motors.
Engine downsizing will drive demand for torque actuator motors
Major automakers have devoted themselves to research on reducing engine size. Engine downsizing is a technology in which a small engine is used to generate the power required by the vehicle through a supercharging device. Manufacturers are focusing on engine miniaturization, as this can improve vehicle fuel efficiency and reduce carbon emissions. Small engines can reduce the total weight of the vehicle and reduce the friction in the engine, thereby improving efficiency, and the demand for miniaturization of the engine is increasing. In terms of improving exhaust gas circulation, turbocharging, and throttle control, the torque actuator motor is used to obtain better output.
Region Overview:
Geographically, China held the largest market share – 43.64% in 2021.
Company Overview:
Johnson Electric is one of the major players operating in the Automotive Torque Actuator Motors market, holding a share of 38.48% in 2022.
Johnson Electric
Johnson Electric Holdings Limited, through its subsidiaries, designs, manufactures and markets micromotors. The Company's micromotor products are used in consumer and business product applications including automobile components, home appliances, power tools, multimedia, personal care, and business equipment.
Igarashi Electric Works Ltd.
Igarashi Electric Works Ltd. manufactures motors. The Company produces compact DC brush motors, geared motors, motor components, and other products.
Application Overview:
By application, the ETC Motor segment occupied the biggest share from 2017 to 2022.
ETC Motor
The electronic throttle control can precisely control the opening of the automobile engine throttle. Not only can it improve fuel usage and reduce emissions, it can also increase the sensitivity of the car's engine according to acceleration, deceleration and steering commands. The rapid response of the motor of the automotive torque actuator produces the best engine power, which helps to improve fuel efficiency.
VTG Motor
Automotive torque actuator motors are suitable for instantaneous position control and can be used to improve the performance of turbochargers, thereby improving power and fuel economy.
EGR Motor
Exhaust gas recirculation (EGR) is an emission control technology that enables engines to reduce exhaust emissions. Automotive torque actuator motors are applied to exhaust gas recirculation to improve performance.
This report elaborates on the market size, market characteristics, and market growth of the Automotive Torque Actuator Motors industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Automotive Torque Actuator Motors. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Automotive Torque Actuator Motors Market Report Include:
Market Size Estimates: Automotive Torque Actuator Motors market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Automotive Torque Actuator Motors market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Automotive Torque Actuator Motors market
Segment Market Analysis: Automotive Torque Actuator Motors market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Automotive Torque Actuator Motors market situations and prospects in major and top regions and countries
Automotive Torque Actuator Motors Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Automotive Torque Actuator Motors Industry Chain: Automotive Torque Actuator Motors market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Automotive Torque Actuator Motors Industry News, Policies by regions
Automotive Torque Actuator Motors Industry Porters Five Forces Analysis
Key players in the global Automotive Torque Actuator Motors market are covered in Chapter 2:
Electrocraft
Johnson Electric
Igarashi Electric Works Ltd.
Mabuchi Motor
CCL
CTS
Mitsuba
In Chapter 6 and Chapter 9, on the basis of types, the Automotive Torque Actuator Motors market from 2018 to 2028 is primarily split into:
Pneumatic
Electric
Mechanical
In Chapter 7 and Chapter 10, on the basis of applications, the Automotive Torque Actuator Motors market from 2018 to 2028 covers:
ETC Motor
VTG Motor
EGR Motor
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Automotive Torque Actuator Motors market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Automotive Torque Actuator Motors industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Automotive Torque Actuator Motors market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Automotive Torque Actuator Motors industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Automotive Torque Actuator Motors market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Automotive Torque Actuator Motors market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Automotive Torque Actuator Motors market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects...
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects including drivers, restraints...
