Park Lock Actuator Market

Company Headquarters: Michigan, U.S. Founded: 1914 Company Working: Dura-Shiloh is a leading global mobility systems supplier involved in specialized design, development and manufacturing of solutions that drive the evolution of mobility. The company has broad array of products portfolio that includes electrification solutions, BEV battery enclosures & park-lock actuators, lightweight structural systems, multi-material architectures, driver control systems, specialty metal systems, hot-stamped structures & laminated acoustic panels and shift-by-wire systems. Dura-Shiloh has more than 100 years of inspired invention and is recognized by leading vehicle manufacturers as the preferred supplier partner of systems. Its systems and solutions are known for improving safety, extending vehicle range, and enhancing the driving performance.

Company Headquarters: Amsterdam, The Netherlands Founded: 1859 Workforce: ~2,753 Company Working: Kendrion N.V. (Kendrion) is a leading global advanced company which is focused on actuator products that support the transition towards clean energy. The company is involved in designing, manufacturing and supply of intelligent actuators that help advance the global push in the direction of electrification and sustainable energy. The products manufactured by Kendrion are compact and its connected actuators can be found in several electric vehicles, wind power, robots, factory automation, energy distribution and industrial heating processes. As a technology pioneer and innovator, the company has vast experience of over 100 years and its footprint extends across Europe to the Americas and Asia. Kendrion has split its Automotive Group, to increase its focus on clean energy. Automotive E Group is responsible for products relevant to electric vehicles with profitable growth and innovation as its main goals and the Automotive Core Group handles the combustion engine-related business with cash and cashflow as its KPIs.

Company Headquarters: Chicago, U.S. Founded: 1946 Workforce: ~4,566 Company Working: Methode Sensor Technologies (Methode) is part of Methode Electronics company and is focused on the design and development of core sensor solutions for a global automotive and industrial customer. The company is involved in manufacturing sensors in the millions across 7 production facilities worldwide. It is continuously investing in advanced development and manufacturing capabilities to provide its global customers with the modern technologies and best-in-class quality.​ Methode utilizes its highly vertically integrated best-in-class manufacturing capabilities to produce its designs.

Company Headquarters: Lyon, France Founded: 1936 Workforce: ~1,800 Company Working: EFI Automotive (EFI) is a leading global automotive technology company that specializes in the design, development and manufacturing of sensors, actuators and activators that improve the powertrain & transmission efficiency. The company is involved in developing e-mobility solutions and improved vehicle dynamics. EFI provides its customers and partners with local service and advanced solutions altered to their needs. It has quite a few high-performance production facilities and research & technological development centers on numerous continents. The company is a recognized operator in the automotive industry for the past 80 years.

Company Headquarters: Regensburg, Germany Founded: 2021 Workforce: ~37,488 Company Working: Vitesco Technologies GmbH (Vitesco) is a leading supplier of modern drive technologies and electrification solutions for automotive vehicles. Vitesco earlier was a business area of Continental AG until September 2021. The company operates into various business segments such as electrification technology, electronics control, sensing & actuation, contract manufacturing and others. The company’s broad array of products is used in several automotive vehicles all over the world and helps the auto manufacturers to meet the stringent code and regulatory requirements with its highly engineered products. The product portfolio consists of electric drive units, electronic controls, sensors, actuators, and other systems & solutions for treating exhaust gases. The company has its development and production sites at 50 different locations, in all growing markets like North America, Europe, and China.

Company Headquarters: Novi, Michigan, U.S. Founded: 1965 Workforce: ~5,000 Company Working: Stoneridge Inc. (Stoneridge) is a leading American company involved in designing and manufacturing of highly engineered electrical & electronic systems, components & modules, mainly for the commercial vehicles, motorcycles, agricultural and off-highway vehicle markets. The company operates its business in three main reportable segments like, control devices, electronics, and Stoneridge Brazil. Stoneridge is meeting the global needs of the mobility industry by providing solutions that power vehicle intelligence, increase efficiency, lessen the vehicle emissions, and improve safety & security of vehicles, cargo and drivers. The company’s global footprint involves 25 locations in 15 countries.