Park Lock Actuators for Electric Vehicles Market, Global Outlook and Forecast 2023-2029

Report ID: MMG301164 | Category: Automobile & Transportation | Pages: 77 | Format: PDF | Published Date: December 08,2023

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Report Summary

The global Park Lock Actuators for Electric Vehicles market was valued at US$ 1152.4 million in 2022 and is projected to reach US$ 3586.7 million by 2029, at a CAGR of 17.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Parking Lock Actuators market refers to the industry involved in the production and distribution of actuators specifically designed for parking lock systems. 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.
Parking lock systems are commonly used in parking lots, garages, and private driveways to reserve parking spaces or control access to designated areas. The actuators in these systems are responsible for raising and lowering the parking locks, allowing or restricting access to the parking spaces.
The market for parking lock actuators has witnessed growth due to the increasing demand for efficient parking management systems and the need for enhanced security in parking facilities. Factors such as urbanization, the growing number of vehicles, and the need to optimize parking space utilization have contributed to the market's expansion.
Key players in the parking lock actuators market include manufacturers, suppliers, and distributors of actuators and related components. These companies offer a range of actuators with different specifications, power options, and control mechanisms to meet the specific requirements of parking lock systems.
The market is driven by factors such as the need for automated parking solutions, improved parking space utilization, enhanced security and access control, and the integration of parking management systems with smart technologies. Actuators that offer features such as remote control operation, programmable settings, and compatibility with parking management software are in high demand.
Geographically, the market for parking lock actuators is global, with demand coming from various regions including North America, Europe, Asia Pacific, and the rest of the world. The market growth is influenced by factors such as urban development, infrastructure projects, and the expansion of commercial and residential spaces.
Additionally, advancements in actuator technology, such as the development of more compact and efficient actuators, improved durability and reliability, and the integration of wireless communication capabilities, are expected to drive the market forward. These advancements aim to provide better user experience, increased functionality, and seamless integration with parking management systems.
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 aims to provide a comprehensive presentation of the global market for Park Lock Actuators for Electric Vehicles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Park Lock Actuators for Electric Vehicles. This report contains market size and forecasts of Park Lock Actuators for Electric Vehicles in global, including the following market information:
Global Park Lock Actuators for Electric Vehicles Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Park Lock Actuators for Electric Vehicles Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Park Lock Actuators for Electric Vehicles companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Park Lock Actuators for Electric Vehicles manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Park Lock Actuators for Electric Vehicles Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Park Lock Actuators for Electric Vehicles Market Segment Percentages, by Type, 2022 (%)
    Electric Parking Lock Actuators
    Hydraulic Parking Lock Actuators
Global Park Lock Actuators for Electric Vehicles Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Park Lock Actuators for Electric Vehicles Market Segment Percentages, by Application, 2022 (%)
    Electric Vehicle (EV)
    Hybrid Electric Vehicle(HEV)
Global Park Lock Actuators for Electric Vehicles Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Park Lock Actuators for Electric Vehicles Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Park Lock Actuators for Electric Vehicles revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Park Lock Actuators for Electric Vehicles revenues share in global market, 2022 (%)
Key companies Park Lock Actuators for Electric Vehicles sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Park Lock Actuators for Electric Vehicles sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Bosch
    Stoneridge
    Bitron
    Valeo
    Schaeffler
    ZF
    Kongsberg Automotive
    Dura-Shiloh
    Vitesco Technologies
    EFI Automotive
    JOPP Group
    Johnson Electric
    Zhaowei
Outline of Major Chapters:
Chapter 1: Introduces the definition of Park Lock Actuators for Electric Vehicles, market overview.
Chapter 2: Global Park Lock Actuators for Electric Vehicles market size in revenue and volume.
Chapter 3: Detailed analysis of Park Lock Actuators for Electric Vehicles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Park Lock Actuators for Electric Vehicles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Park Lock Actuators for Electric Vehicles capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Park Lock Actuators for Electric Vehicles Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Park Lock Actuators for Electric Vehicles Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Park Lock Actuators for Electric Vehicles Overall Market Size
    2.1 Global Park Lock Actuators for Electric Vehicles Market Size: 2022 VS 2029
    2.2 Global Park Lock Actuators for Electric Vehicles Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Park Lock Actuators for Electric Vehicles Sales: 2018-2029
3 Company Landscape
    3.1 Top Park Lock Actuators for Electric Vehicles Players in Global Market
    3.2 Top Global Park Lock Actuators for Electric Vehicles Companies Ranked by Revenue
    3.3 Global Park Lock Actuators for Electric Vehicles Revenue by Companies
    3.4 Global Park Lock Actuators for Electric Vehicles Sales by Companies
    3.5 Global Park Lock Actuators for Electric Vehicles Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Park Lock Actuators for Electric Vehicles Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Park Lock Actuators for Electric Vehicles Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Park Lock Actuators for Electric Vehicles Players in Global Market
        3.8.1 List of Global Tier 1 Park Lock Actuators for Electric Vehicles Companies
        3.8.2 List of Global Tier 2 and Tier 3 Park Lock Actuators for Electric Vehicles Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Park Lock Actuators for Electric Vehicles Market Size Markets, 2022 & 2029
        4.1.2 Electric Parking Lock Actuators
        4.1.3 Hydraulic Parking Lock Actuators
    4.2 By Type - Global Park Lock Actuators for Electric Vehicles Revenue & Forecasts
        4.2.1 By Type - Global Park Lock Actuators for Electric Vehicles Revenue, 2018-2023
        4.2.2 By Type - Global Park Lock Actuators for Electric Vehicles Revenue, 2024-2029
        4.2.3 By Type - Global Park Lock Actuators for Electric Vehicles Revenue Market Share, 2018-2029
    4.3 By Type - Global Park Lock Actuators for Electric Vehicles Sales & Forecasts
        4.3.1 By Type - Global Park Lock Actuators for Electric Vehicles Sales, 2018-2023
        4.3.2 By Type - Global Park Lock Actuators for Electric Vehicles Sales, 2024-2029
        4.3.3 By Type - Global Park Lock Actuators for Electric Vehicles Sales Market Share, 2018-2029
    4.4 By Type - Global Park Lock Actuators for Electric Vehicles Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Park Lock Actuators for Electric Vehicles Market Size, 2022 & 2029
        5.1.2 Electric Vehicle (EV)
        5.1.3 Hybrid Electric Vehicle(HEV)
    5.2 By Application - Global Park Lock Actuators for Electric Vehicles Revenue & Forecasts
        5.2.1 By Application - Global Park Lock Actuators for Electric Vehicles Revenue, 2018-2023
        5.2.2 By Application - Global Park Lock Actuators for Electric Vehicles Revenue, 2024-2029
        5.2.3 By Application - Global Park Lock Actuators for Electric Vehicles Revenue Market Share, 2018-2029
    5.3 By Application - Global Park Lock Actuators for Electric Vehicles Sales & Forecasts
        5.3.1 By Application - Global Park Lock Actuators for Electric Vehicles Sales, 2018-2023
        5.3.2 By Application - Global Park Lock Actuators for Electric Vehicles Sales, 2024-2029
        5.3.3 By Application - Global Park Lock Actuators for Electric Vehicles Sales Market Share, 2018-2029
    5.4 By Application - Global Park Lock Actuators for Electric Vehicles Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Park Lock Actuators for Electric Vehicles Market Size, 2022 & 2029
    6.2 By Region - Global Park Lock Actuators for Electric Vehicles Revenue & Forecasts
        6.2.1 By Region - Global Park Lock Actuators for Electric Vehicles Revenue, 2018-2023
        6.2.2 By Region - Global Park Lock Actuators for Electric Vehicles Revenue, 2024-2029
        6.2.3 By Region - Global Park Lock Actuators for Electric Vehicles Revenue Market Share, 2018-2029
    6.3 By Region - Global Park Lock Actuators for Electric Vehicles Sales & Forecasts
        6.3.1 By Region - Global Park Lock Actuators for Electric Vehicles Sales, 2018-2023
        6.3.2 By Region - Global Park Lock Actuators for Electric Vehicles Sales, 2024-2029
        6.3.3 By Region - Global Park Lock Actuators for Electric Vehicles Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Park Lock Actuators for Electric Vehicles Revenue, 2018-2029
        6.4.2 By Country - North America Park Lock Actuators for Electric Vehicles Sales, 2018-2029
        6.4.3 US Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.4.4 Canada Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.4.5 Mexico Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Park Lock Actuators for Electric Vehicles Revenue, 2018-2029
        6.5.2 By Country - Europe Park Lock Actuators for Electric Vehicles Sales, 2018-2029
        6.5.3 Germany Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.5.4 France Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.5.5 U.K. Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.5.6 Italy Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.5.7 Russia Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.5.8 Nordic Countries Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.5.9 Benelux Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Park Lock Actuators for Electric Vehicles Revenue, 2018-2029
        6.6.2 By Region - Asia Park Lock Actuators for Electric Vehicles Sales, 2018-2029
        6.6.3 China Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.6.4 Japan Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.6.5 South Korea Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.6.6 Southeast Asia Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.6.7 India Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Park Lock Actuators for Electric Vehicles Revenue, 2018-2029
        6.7.2 By Country - South America Park Lock Actuators for Electric Vehicles Sales, 2018-2029
        6.7.3 Brazil Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.7.4 Argentina Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Park Lock Actuators for Electric Vehicles Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Park Lock Actuators for Electric Vehicles Sales, 2018-2029
        6.8.3 Turkey Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.8.4 Israel Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.8.5 Saudi Arabia Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
        6.8.6 UAE Park Lock Actuators for Electric Vehicles Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 Bosch
        7.1.1 Bosch Company Summary
        7.1.2 Bosch Business Overview
        7.1.3 Bosch Park Lock Actuators for Electric Vehicles Major Product Offerings
        7.1.4 Bosch Park Lock Actuators for Electric Vehicles Sales and Revenue in Global (2018-2023)
        7.1.5 Bosch Key News & Latest Developments
    7.2 Stoneridge
        7.2.1 Stoneridge Company Summary
        7.2.2 Stoneridge Business Overview
        7.2.3 Stoneridge Park Lock Actuators for Electric Vehicles Major Product Offerings
        7.2.4 Stoneridge Park Lock Actuators for Electric Vehicles Sales and Revenue in Global (2018-2023)
        7.2.5 Stoneridge Key News & Latest Developments
    7.3 Bitron
        7.3.1 Bitron Company Summary
        7.3.2 Bitron Business Overview
        7.3.3 Bitron Park Lock Actuators for Electric Vehicles Major Product Offerings
        7.3.4 Bitron Park Lock Actuators for Electric Vehicles Sales and Revenue in Global (2018-2023)
        7.3.5 Bitron Key News & Latest Developments
    7.4 Valeo
        7.4.1 Valeo Company Summary
        7.4.2 Valeo Business Overview
        7.4.3 Valeo Park Lock Actuators for Electric Vehicles Major Product Offerings
        7.4.4 Valeo Park Lock Actuators for Electric Vehicles Sales and Revenue in Global (2018-2023)
        7.4.5 Valeo Key News & Latest Developments
    7.5 Schaeffler
        7.5.1 Schaeffler Company Summary
        7.5.2 Schaeffler Business Overview
        7.5.3 Schaeffler Park Lock Actuators for Electric Vehicles Major Product Offerings
        7.5.4 Schaeffler Park Lock Actuators for Electric Vehicles Sales and Revenue in Global (2018-2023)
        7.5.5 Schaeffler Key News & Latest Developments
    7.6 ZF
        7.6.1 ZF Company Summary
        7.6.2 ZF Business Overview
        7.6.3 ZF Park Lock Actuators for Electric Vehicles Major Product Offerings
        7.6.4 ZF Park Lock Actuators for Electric Vehicles Sales and Revenue in Global (2018-2023)
        7.6.5 ZF Key News & Latest Developments
    7.7 Kongsberg Automotive
        7.7.1 Kongsberg Automotive Company Summary
        7.7.2 Kongsberg Automotive Business Overview
        7.7.3 Kongsberg Automotive Park Lock Actuators for Electric Vehicles Major Product Offerings
        7.7.4 Kongsberg Automotive Park Lock Actuators for Electric Vehicles Sales and Revenue in Global (2018-2023)
        7.7.5 Kongsberg Automotive Key News & Latest Developments
    7.8 Dura-Shiloh
        7.8.1 Dura-Shiloh Company Summary
        7.8.2 Dura-Shiloh Business Overview
        7.8.3 Dura-Shiloh Park Lock Actuators for Electric Vehicles Major Product Offerings
        7.8.4 Dura-Shiloh Park Lock Actuators for Electric Vehicles Sales and Revenue in Global (2018-2023)
        7.8.5 Dura-Shiloh Key News & Latest Developments
    7.9 Vitesco Technologies
        7.9.1 Vitesco Technologies Company Summary
        7.9.2 Vitesco Technologies Business Overview
        7.9.3 Vitesco Technologies Park Lock Actuators for Electric Vehicles Major Product Offerings
        7.9.4 Vitesco Technologies Park Lock Actuators for Electric Vehicles Sales and Revenue in Global (2018-2023)
        7.9.5 Vitesco Technologies Key News & Latest Developments
    7.10 EFI Automotive
        7.10.1 EFI Automotive Company Summary
        7.10.2 EFI Automotive Business Overview
        7.10.3 EFI Automotive Park Lock Actuators for Electric Vehicles Major Product Offerings
        7.10.4 EFI Automotive Park Lock Actuators for Electric Vehicles Sales and Revenue in Global (2018-2023)
        7.10.5 EFI Automotive Key News & Latest Developments
    7.11 JOPP Group
        7.11.1 JOPP Group Company Summary
        7.11.2 JOPP Group Park Lock Actuators for Electric Vehicles Business Overview
        7.11.3 JOPP Group Park Lock Actuators for Electric Vehicles Major Product Offerings
        7.11.4 JOPP Group Park Lock Actuators for Electric Vehicles Sales and Revenue in Global (2018-2023)
        7.11.5 JOPP Group Key News & Latest Developments
    7.12 Johnson Electric
        7.12.1 Johnson Electric Company Summary
        7.12.2 Johnson Electric Park Lock Actuators for Electric Vehicles Business Overview
        7.12.3 Johnson Electric Park Lock Actuators for Electric Vehicles Major Product Offerings
        7.12.4 Johnson Electric Park Lock Actuators for Electric Vehicles Sales and Revenue in Global (2018-2023)
        7.12.5 Johnson Electric Key News & Latest Developments
    7.13 Zhaowei
        7.13.1 Zhaowei Company Summary
        7.13.2 Zhaowei Park Lock Actuators for Electric Vehicles Business Overview
        7.13.3 Zhaowei Park Lock Actuators for Electric Vehicles Major Product Offerings
        7.13.4 Zhaowei Park Lock Actuators for Electric Vehicles Sales and Revenue in Global (2018-2023)
        7.13.5 Zhaowei Key News & Latest Developments
8 Global Park Lock Actuators for Electric Vehicles Production Capacity, Analysis
    8.1 Global Park Lock Actuators for Electric Vehicles Production Capacity, 2018-2029
    8.2 Park Lock Actuators for Electric Vehicles Production Capacity of Key Manufacturers in Global Market
    8.3 Global Park Lock Actuators for Electric Vehicles Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Park Lock Actuators for Electric Vehicles Supply Chain Analysis
    10.1 Park Lock Actuators for Electric Vehicles Industry Value Chain
    10.2 Park Lock Actuators for Electric Vehicles Upstream Market
    10.3 Park Lock Actuators for Electric Vehicles Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Park Lock Actuators for Electric Vehicles Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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Park Lock Actuators for Electric Vehicles Market, Global Outlook and Forecast 2023-2029

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