Report Overview
Parking lock actuators are electromechanical devices used to control the movement and operation of parking lock systems, which are used to secure parking spaces and prevent unauthorized access.
This report provides a deep insight into the global Automotive Parking Lock Actuators market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
Market Shares
The global Automotive Parking Lock
Actuators market size was estimated at USD 1120 million in 2024 and is projected to reach USD 4325.45 million by 2032, exhibiting a CAGR of 18.40% during the forecast period.
North America Automotive Parking Lock
Actuators market size was estimated at USD 391.15 million in 2024, at a CAGR of 15.77% during the forecast period of 2024 through 2032
Key Company
Bosch
Stoneridge
Bitron
Valeo
Schaeffler
KongsbergAutomotive
DENSO
ASIN
Dura-Shiloh
Vitesco Technologies
Market Segmentation (by Application)
• Electric Vehicle (EV)
• Hybrid Electric Vehicle(HEV)
• Market Segmentation (by Type)
• Electric Parking LockActuators
• Hydraulic Parking LockActuators
Geographic Segmentation
• North America: USA, Canada, Mexico
• Europe: Germany, UK, France, Russia, Italy, Rest of Europe
• Asia-Pacific: China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific
• South America: Brazil, Argentina, Colombia, Rest of South America
• Middle East and Africa: Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA
https://www.statsmarketresearch.com/global-automotiveparking-lock-actuators-forecast-2025-2030-407-8025183
