Park Lock Actuators Market Research Report Information By Product Type (Hydraulic and Electric), Application (Hybrid Electric Vehicle (HEV) and Electric Vehicle (EV)), And By Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) –Market Forecast Till 2032

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 16

1.1.1 GLOBAL PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE 18

1.1.2 GLOBAL PARK LOCK ACTUATOR MARKET, BY APPLICATION 19

2 MARKET INTRODUCTION 20

2.1 DEFINITION 20

2.2 SCOPE OF THE STUDY 20

2.3 RESEARCH OBJECTIVE 20

2.4 MARKET STRUCTURE 21

3 RESEARCH METHODOLOGY 22

3.1 RESEARCH PROCESS 22

3.2 PRIMARY RESEARCH 23

3.3 SECONDARY RESEARCH 24

3.4 MARKET SIZE ESTIMATION 25

3.5 FORECAST MODEL 26

3.6 LIST OF ASSUMPTIONS 27

4 MARKET DYNAMICS 28

4.1 OVERVIEW 28

4.2 DRIVERS 29

4.2.1 SURGING ADOPTION OF ELECTRIC VEHICLES DRIVES GROWTH IN PARK LOCK ACTUATOR MARKET 29

4.2.2 ADVANCEMENTS IN PARK LOCK ACTUATORS AND GOVERNMENT MANDATES DRIVING MARKET GROWTH 29

4.3 RESTRAINTS 30

4.3.1 HIGH COST OF ADVANCED PARK LOCK ACTUATOR SYSTEMS POSES RESTRAINTS TO MARKET GROWTH 30

4.4 OPPORTUNITIES 31

4.4.1 GROWING DEMAND FOR SMART AND SAFE VEHICLES BOOSTS PARK LOCK ACTUATOR MARKET GROWTH 31

4.5 IMPACT ANALYSIS OF COVID-19 32

4.5.1 IMPACT ON THE AUTOMOTIVE INDUSTRY 32

4.5.2 ECONOMIC IMPACT 32

4.5.3 IMPACT ON THE PARK LOCK ACTUATOR MARKET 32

4.5.4 IMPACT ON THE SUPPLY CHAIN OF THE PARK LOCK ACTUATOR MARKET 33

4.5.4.1 IMPACT DUE TO RESTRICTION/LOCKDOWN 33

4.5.4.2 CONSUMER SENTIMENTS 33

5 MARKET FACTOR ANALYSIS 34

5.1 SUPPLY CHAIN ANALYSIS 34

5.1.1 DESIGN & DEVELOPMENT 35

5.1.2 RAW MATERIAL SUPPLY 35

5.1.3 MANUFACTURE & ASSEMBLY 36

5.1.4 SALES & DISTRIBUTION 36

5.1.5 END USERS 37

5.2 PORTER'S FIVE FORCES MODEL 38

5.2.1 THREAT OF NEW ENTRANTS 39

5.2.2 BARGAINING POWER OF SUPPLIERS 39

5.2.3 THREAT OF SUBSTITUTES 40

5.2.4 BARGAINING POWER OF BUYERS 40

5.2.5 INTENSITY OF RIVALRY 41

5.3 REGULATORY FRAMEWORK 41

6 GLOBAL PARK LOCK ACTUATOR MARKET – KEY TRENDS 42

6.1 OVERVIEW 42

6.2 ARTIFICIAL INTELLIGENCE 42

6.3 BIG DATA ANALYTICS 42

6.4 AUTONOMOUS VEHICLE 42

6.5 SHARED MOBILITY 42

6.6 CONNECTIVITY 43

6.7 INTERNET OF THINGS 43

6.8 OEM 43

6.9 AFTER MARKET 43

7 GLOBAL PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE 45

7.1 OVERVIEW 45

7.2 HYDRAULIC 46

7.3 ELECTRIC 46

8 GLOBAL PARK LOCK ACTUATOR MARKET, BY APPLICATION 47

8.1 OVERVIEW 47

8.2 HYBRID ELECTRIC VEHICLE (HEV) 48

8.3 ELECTRIC VEHICLE (EV) 48

9 GLOBAL PARK LOCK ACTUATOR MARKET, BY REGION 49

9.1 OVERVIEW 49

9.1.1 GLOBAL PARK LOCK ACTUATOR MARKET, BY REGION, 2018–2032 50

9.2 NORTH AMERICA 51

9.2.1 NORTH AMERICA: PARK LOCK ACTUATOR MARKET, BY COUNTRY, 2018–2032 52

9.2.2 NORTH AMERICA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 52

9.2.3 NORTH AMERICA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 52

9.2.4 US 53

9.2.4.1 US: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 53

9.2.4.2 US: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 53

9.2.5 CANADA 53

9.2.5.1 CANADA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 53

9.2.5.2 CANADA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 53

9.2.6 MEXICO 54

9.2.6.1 MEXICO: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 54

9.2.6.2 MEXICO: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 54

9.3 EUROPE 55

9.3.1 EUROPE: PARK LOCK ACTUATOR MARKET, BY COUNTRY, 2018–2032 56

9.3.2 EUROPE: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 56

9.3.3 EUROPE: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 57

9.3.4 GERMANY 57

9.3.4.1 GERMANY: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 57

9.3.4.2 GERMANY: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 57

9.3.5 UK 58

9.3.5.1 UK: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 58

9.3.5.2 UK: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 58

9.3.6 FRANCE 58

9.3.6.1 FRANCE: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 58

9.3.6.2 FRANCE: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 58

9.3.7 SPAIN 59

9.3.7.1 SPAIN: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 59

9.3.7.2 SPAIN: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 59

9.3.8 ITALY 59

9.3.8.1 ITALY: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 59

9.3.8.2 ITALY: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 59

9.3.9 REST OF EUROPE 60

9.3.9.1 REST OF EUROPE: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 60

9.3.9.2 REST OF EUROPE: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 60

9.4 ASIA-PACIFIC 61

9.4.1 ASIA-PACIFIC: PARK LOCK ACTUATOR MARKET, BY COUNTRY, 2018–2032 62

9.4.2 ASIA-PACIFIC: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 62

9.4.3 ASIA-PACIFIC: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 63

9.4.4 CHINA 63

9.4.4.1 CHINA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 63

9.4.4.2 CHINA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 63

9.4.5 INDIA 64

9.4.5.1 INDIA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 64

9.4.5.2 INDIA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 64

9.4.6 JAPAN 64

9.4.6.1 JAPAN: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 64

9.4.6.2 JAPAN: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 64

9.4.7 SOUTH KOREA 65

9.4.7.1 SOUTH KOREA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 65

9.4.7.2 SOUTH KOREA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 65

9.4.8 AUSTRALIA 65

9.4.8.1 AUSTRALIA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 65

9.4.8.2 AUSTRALIA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 65

9.4.9 REST OF ASIA-PACIFIC 66

9.4.9.1 REST OF ASIA-PACIFIC: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 66

9.4.9.2 REST OF ASIA-PACIFIC: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 66

9.5 MIDDLE EAST & AFRICA 67

9.5.1 MIDDLE EAST & AFRICA: PARK LOCK ACTUATOR MARKET, BY COUNTRY, 2018–2032 68

9.5.2 MIDDLE EAST & AFRICA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 68

9.5.3 MIDDLE EAST & AFRICA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 68

9.5.4 SAUDI ARABIA 69

9.5.4.1 SAUDI ARABIA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 69

9.5.4.2 SAUDI ARABIA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 69

9.5.5 SOUTH AFRICA 69

9.5.5.1 SOUTH AFRICA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 69

9.5.5.2 SOUTH AFRICA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 69

9.5.6 UAE 70

9.5.6.1 UAE: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 70

9.5.6.2 UAE: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 70

9.5.7 REST OF MIDDLE EAST & AFRICA 70

9.5.7.1 REST OF MIDDLE EAST & AFRICA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 70

9.5.7.2 REST OF MIDDLE EAST & AFRICA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 71

9.6 SOUTH AMERICA 72

9.6.1 SOUTH AMERICA: PARK LOCK ACTUATOR MARKET, BY COUNTRY, 2018–2032 73

9.6.2 SOUTH AMERICA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 73

9.6.3 SOUTH AMERICA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 73

9.6.4 BRAZIL 74

9.6.4.1 BRAZIL: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 74

9.6.4.2 BRAZIL: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 74

9.6.5 ARGENTINA 74

9.6.5.1 ARGENTINA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 74

9.6.5.2 ARGENTINA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 74

9.6.6 REST OF SOUTH AMERICA 75

9.6.6.1 REST OF SOUTH AMERICA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 75

9.6.6.2 REST OF SOUTH AMERICA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 75

10 COMPETITIVE LANDSCAPE 76

10.1 OVERVIEW 76

10.2 COMPETITIVE BENCHMARKING 77

10.3 KEY DEVELOPMENT IN THE GLOBAL AUTOMOTIVE MARKET 78

10.3.1 PRODUCT LAUNCH/DEVELOPMENT 78

10.3.2 COLLABORATION 78

10.3.3 PARTNERSHIP 79

10.3.4 EXPANSION 79

10.3.5 ACQUSITION 79

11 COMPANY PROFILES 80

11.1 BORGWARNER INC. 80

11.1.1 COMPANY OVERVIEW 80

11.1.2 FINANCIAL OVERVIEW 81

11.1.3 PRODUCTS OFFERED 81

11.1.4 KEY DEVELOPMENTS 82

11.1.5 SWOT ANALYSIS 82

11.1.6 KEY STRATEGIES 82

11.2 VALEO 83

11.2.1 COMPANY OVERVIEW 83

11.2.2 FINANCIAL OVERVIEW 83

11.2.3 PRODUCTS OFFERED 84

11.2.4 KEY DEVELOPMENTS 84

11.2.5 SWOT ANALYSIS 84

11.2.6 KEY STRATEGIES 85

11.3 STONERIDGE INC. 86

11.3.1 COMPANY OVERVIEW 86

11.3.2 FINANCIAL OVERVIEW 86

11.3.3 PRODUCTS OFFERED 87

11.3.4 KEY DEVELOPMENTS 87

11.3.5 SWOT ANALYSIS 87

11.3.6 KEY STRATEGIES 87

11.4 VITESCO TECHNOLOGIES GMBH 88

11.4.1 COMPANY OVERVIEW 88

11.4.2 FINANCIAL OVERVIEW 88

11.4.3 PRODUCTS OFFERED 89

11.4.4 KEY DEVELOPMENTS 89

11.4.5 SWOT ANALYSIS 89

11.4.6 KEY STRATEGIES 90

11.5 EFI AUTOMOTIVE 91

11.5.1 COMPANY OVERVIEW 91

11.5.2 FINANCIAL OVERVIEW 91

11.5.3 PRODUCTS OFFERED 91

11.5.4 KEY DEVELOPMENTS 91

11.5.5 SWOT ANALYSIS 92

11.5.6 KEY STRATEGIES 92

11.6 CONTINENTAL AG 93

11.6.1 COMPANY OVERVIEW 93

11.6.2 FINANCIAL OVERVIEW 94

11.6.3 PRODUCTS OFFERED 94

11.6.4 KEY DEVELOPMENTS 95

11.6.5 SWOT ANALYSIS 95

11.6.6 KEY STRATEGIES 96

11.7 METHODE SENSOR TECHNOLOGIES 97

11.7.1 COMPANY OVERVIEW 97

11.7.2 PRODUCTS OFFERED 97

11.7.3 KEY DEVELOPMENTS 97

11.7.4 SWOT ANALYSIS 98

11.7.5 KEY STRATEGIES 98

11.8 JOHNSON ELECTRIC HOLDINGS LIMITED 99

11.8.1 COMPANY OVERVIEW 99

11.8.2 FINANCIAL OVERVIEW 100

11.8.3 PRODUCTS OFFERED 100

11.8.4 KEY DEVELOPMENTS 101

11.8.5 SWOT ANALYSIS 101

11.8.6 KEY STRATEGIES 101

11.9 KENDRION N.V. 102

11.9.1 COMPANY OVERVIEW 102

11.9.2 FINANCIAL OVERVIEW 102

11.9.3 PRODUCTS OFFERED 103

11.9.4 KEY DEVELOPMENTS 103

11.9.5 SWOT ANALYSIS 103

11.9.6 KEY STRATEGIES 104

11.10 DURA-SHILOH 105

11.10.1 COMPANY OVERVIEW 105

11.10.2 FINANCIAL OVERVIEW 105

11.10.3 PRODUCTS OFFERED 105

11.10.4 KEY DEVELOPMENTS 106

11.10.5 SWOT ANALYSIS 106

11.10.6 KEY STRATEGIES 106

LIST OF TABLES

TABLE 1 LIST OF ASSUMPTIONS 27

TABLE 2 GLOBAL PARK LOCK ACTUATOR MARKET – KEY TECHNOLOGIES 43

TABLE 3 GLOBAL PARK LOCK ACTUATOR MARKET – SALES CHANNELS 44

TABLE 4 GLOBAL PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 46

TABLE 5 GLOBAL PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 48

TABLE 6 GLOBAL PARK LOCK ACTUATOR MARKET, BY REGION, 2018–2032 (USD MILLION) 50

TABLE 7 NORTH AMERICA: PARK LOCK ACTUATOR MARKET, BY COUNTRY, 2018–2032 (USD MILLION) 52

TABLE 8 NORTH AMERICA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 52

TABLE 9 NORTH AMERICA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 52

TABLE 10 US: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 53

TABLE 11 US: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 53

TABLE 12 CANADA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 53

TABLE 13 CANADA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 53

TABLE 14 MEXICO: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 54

TABLE 15 MEXICO: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 54

TABLE 16 EUROPE: PARK LOCK ACTUATOR MARKET, BY COUNTRY, 2018–2032 (USD MILLION) 56

TABLE 17 EUROPE: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 56

TABLE 18 EUROPE: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 57

TABLE 19 GERMANY: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 57

TABLE 20 GERMANY: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 57

TABLE 21 UK: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 58

TABLE 22 UK: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 58

TABLE 23 FRANCE: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 58

TABLE 24 FRANCE: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 58

TABLE 25 SPAIN: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 59

TABLE 26 SPAIN: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 59

TABLE 27 ITALY: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 59

TABLE 28 ITALY: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 59

TABLE 29 REST OF EUROPE: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 60

TABLE 30 REST OF EUROPE: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 60

TABLE 31 ASIA-PACIFIC: PARK LOCK ACTUATOR MARKET, BY COUNTRY, 2018–2032 (USD MILLION) 62

TABLE 32 ASIA-PACIFIC: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 62

TABLE 33 ASIA-PACIFIC: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 63

TABLE 34 CHINA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 63

TABLE 35 CHINA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 63

TABLE 36 INDIA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 64

TABLE 37 INDIA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 64

TABLE 38 JAPAN: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 64

TABLE 39 JAPAN: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 64

TABLE 40 SOUTH KOREA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 65

TABLE 41 SOUTH KOREA: PARK LOCK ACTUATOR MARKET, BY APPLICATION, 2018–2032 (USD MILLION) 65

TABLE 42 AUSTRALIA: PARK LOCK ACTUATOR MARKET, BY PRODUCT TYPE, 2018–2032 (USD MILLION) 65

TABLE 43 AUSTRALIA: PARK L