Argentina Automotive Electric Actuators Market Report and Forecast 2025-2034

Argentina Automotive Electric Actuators Market Outlook

The Argentina automotive electric actuators market size is projected to expand at a CAGR of 8.9% between 2024 and 2032.

Key Takeaways 

• Advancements in automotive technology and the demand for efficient powertrains are driving the increased use of electric actuators in vehicle engines. 

• The growth of the automotive sector and the increasing focus on vehicle electrification contribute to the Argentina automotive electric actuators market growth.

• Technological upgradation has led to the development of electric actuators, which improve vehicle performance, maintain consistency, and reduce CO2 emissions, 

Automotive electric actuators are vital elements that convert electrical energy into mechanical motion or force in diverse automotive systems. They are indispensable for overseeing multiple functions within vehicles, such as throttle systems. 

The Argentina automotive electric actuators market share is increasing as a result of increasing vehicle electrification due to rising environmental concerns. The increasing popularity of electric vehicles and hybrid vehicles in the country has created a need for advanced electric actuators to regulate different systems such as powertrains and brake systems. 

Actuators play a crucial role in the functioning of electronic control systems in passenger vehicles, as they are responsible for transforming electrical signals from the control unit into physical movements. The majority of actuators are either electric motors or electro-magnetic valves. 

Actuators play a vital role in the HVAC system as they regulate the airflow and temperature of the circulated air through the vents. Similarly, in the suspension system, actuators are responsible for modifying shocks and struts' stiffness to ensure a comfortable and seamless ride. Consequently, actuators are indispensable in guaranteeing the safety, performance, and comfort of passengers in a vehicle. Without these essential components, electronic control systems would fail to efficiently communicate with the diverse mechanical systems within a vehicle, resulting in potential malfunctions and safety risks.

Moreover, active funding in research and development in Argentina is anticipated to aid the market for automotive electric actuators, resulting in improved efficiency and cost-effectiveness. Additionally, partnerships among government, academia, and industry leaders, have the potential to drive technological progress in the field.

Market Segmentation

“Argentina Automotive Electric Actuators Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

• Closure Actuator

• Brake Actuator

• Turbo Actuator

• Throttle Actuator

• Others

Market Breakup by Vehicle Type

• Passenger Vehicle

• Light Commercial Vehicle

• Heavy Duty Commercial Vehicle

Market Breakup by Application

• Engine

• Body Control and Exterior

• Interior

Competitive Landscape

Manufacturers are focusing on technological upgradations to gain a competitive edge, further increasing their partnerships and collaborations

• Johnson Electric Holdings Limited  

• Daikin Industries Ltd. (Continental Hydraulics Inc.)  

• Robert Bosch GmbH 

• ZF Friedrichshafen AG 

• LINAK A/S 

• Others

Key Highlights of the Report