Automotive Hydraulic Actuator Market Disruptive Trends and Future Potential

Automotive Hydraulic Actuators Market Size, Growth Drivers and Challenges

The automotive hydraulic actuator market is forecast to grow from USD 24.26 billion in 2025 to USD 33.90 billion by 2034, driven by a CAGR of 3.79% from 2025 to 2034.

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Introduction

The automotive hydraulic actuator market is a prominent sector of the automotive component industry. This industry deals in manufacturing and distribution of hydraulic actuators for the automotive sector. There are various types of actuators developed in this sector consisting of linear actuator, rotary actuator, auxiliary actuator and some others. These actuators find application in braking system, steering system, suspension system, transmission system and some others. It is designed for numerous types of vehicles consisting of passenger cars, commercial vehicles, electric vehicles and some others. The growing demand for commercial vehicles in different parts of the world is crucial for the market growth. This market is expected to rise significantly with the growth of the overall automotive sector around the globe.

• According to the International Organization of Motor Vehicle Manufacturers, around 27085 commercial vehicles were sold in Czech Republic during 2022 that increased to 34257 in 2023.

Highlights of the Automotive Hydraulic Actuator Market

• North America held the largest share of the automotive hydraulic actuator market due to the growing sales of EVs in this region.
• Asia Pacific is expected to grow with the highest CAGR due to the presence of numerous automotive companies in this region.
• The passenger cars segment led the industry due to the rising demand for luxury vehicles in different parts of the world.
• The braking system segment held the largest portion of the industry due to the increasing demand for safety features in vehicles.

Key Metrics and Overview

Automotive Hydraulic Actuator: Stats & Figures

• According to the OICA, around 65272367 passenger vehicles were sold globally in 2023.
• According to the International Energy Agency, around 3.4 million electric vehicles were sold in Europe during 2024.
• According to the U.S. Department of Energy Office of Science, around 116,420 plug-in vehicles were sold in the U.S. during February 2025.
• According to the Statistics Canada, around 252238 passenger vehicles were sold in Canada during 2023.

Industry Leader Announcement

In April 2024, Dr. Donald James, CEO of Solero Technologies made an announcement stating that, “Kendrion’s automotive product portfolio is complementary and well aligned with Solero Technologies’ inorganic growth strategy, The combined company will be well-positioned for capitalizing on global opportunities that support the industry transformation to electrification and sustainability.”

Geographical Insights

North America held the largest share of the automotive hydraulic actuator market. The rising adoption of electric vehicles in the U.S. and Canada has boosted the market expansion. Also, the growing sales and production of commercial vehicles along with technological advancements in automotive sector is playing a vital role in shaping the industrial landscape. Moreover, the presence of several market players such as Magna International, BorgWarner, Thomson Linear, Parket Hennifin Corporation and some others is projected to drive the market growth in this region.

Competitive Landscape

The automotive hydraulic actuator market is a highly fragmented industry with the presence of several dominating players. Some of the prominent companies in this industry consists of BorgWarner, Aisin Seiki, Magna International, Robert Bosch, Honeywell and some others. These companies are constantly engaged in developing advanced hydraulic actuators and adopting numerous strategies to maintain their dominance in this industry.

• According to the annual report of BorgWarner, around 37% revenue of the company in 2024 was generated from Europe followed by other regions.

Automotive Hydraulic Actuator Market Segmentations

By Application Outlook

• Braking System
• Steering System
• Suspension System
• Transmission System

By Type

• Linear Actuator
• Rotary Actuator
• Auxiliary Actuator

By Vehicle Type

• Passenger Cars
• Commercial Vehicles
• Electric Vehicles

By End Use

• OEM
• Aftermarket

By Region

• North America
• Europe
• South America
• Asia Pacific
• Middle East and Africa