Europe Automotive Pneumatic Actuators Market Size

Statistics for the 2023 & 2024 Europe Automotive Pneumatic Actuators market size, created by Mordor Intelligence™ Industry Reports. Europe Automotive Pneumatic Actuators size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Europe Automotive Pneumatic Actuators Industry

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europe automotive pneumatic actuators market overview
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 4.00 %
Market Concentration Medium

Major Players

europe automotive pneumatic actuators market major companies

*Disclaimer: Major Players sorted in no particular order

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Europe Automotive Pneumatic Actuators Market Analysis

European Automotive Pneumatic Actuator Market is anticipated a register a CAGR of over 4% during the forecast period (2020 - 2025).

  • The growth of fuel-efficient vehicles and the inclusion of advanced driver assistance systems (ADAS), majorly braking and throttle systems (like adaptive cruise control (ACC) and autonomous emergency braking features), in new vehicles and existing vehicles, are the major driving factors for the automotive actuator market.
  • Owing to the rising penetration and replacement rate of the pneumatic actuator with pure electric and electro-pneumatic actuators, the market studied is expected to grow at a slow rate, especially for the passenger car segment.
  • However, demand for the automotive pneumatic actuator in the commercial vehicle segment is expected to grow due to an increase in production and sales of trucks and semi-trailers globally.
  • The use of fuel injection actuators and throttle actuators in diesel engine vehicles help comply with the Euro VI standard. The market for actuators for fuel injection that are directly related to diesel engines is expected to grow with the development of advanced diesel engines.

Europe Automotive Pneumatic Actuators Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)