Global Actuators Market Overview

Global Actuators Market was valued at USD 45.82 billion in 2021 and is expected to reach USD 55.97 billion by the year 2028, at a CAGR of 3.9%.

Actuators are devices that convert energy into motion and are primarily used to move or control mechanisms and systems. Actuators are powered by an external power source, typically electrical power, hydraulic fluid pressure, or pneumatic pressure, which is then converted into motion. Actuators perform two basic movements which are linear and rotational. They are available in various types, sizes, and power configurations depending on the applications in which they are to be used. The actuator market has grown significantly due to massive application in a variety of segments like Material Handling, Robotics, Food and Beverage Manufacturing, Window Automation, Agricultural Machinery, Solar Panel Operation, Cutting Equipment, Valve Operation, Non-Industrial Applications, and automotive and mechanical machinery. Due to high demand from such business verticals, the actuators market has experienced healthy sales over the last decade as evolution and the need for power dispending machinery and automotive vehicles have grown significantly.

Market Dynamics And Factors of Actuators Market

Drivers:

The healthcare industry develops and produces innovative machines that require actuators and are used in medical devices such as wheelchairs, patient lifts, treatment chairs, dentist chairs, beds for medical purposes, and CT, MRI, and PT scanning instruments. The growth in the global healthcare actuator market is primarily attributed to factors such as healthcare facility expansion and the increasing elderly population. A common example is a use of moving coil actuators and control valves in ventilators to facilitate air supply to patients who cannot breathe on their own. due to lung disease, surgery, or other serious illness or accident. In addition, the RTPCR test, which is very effective in detecting the SARSCoV2 virus, uses linear actuators (they simply act as a conveyor belt) for its linear motion systems and to perform a large number of RTPCR tests that are required in emergencies such as COVID19. Linear drives support the loading, unloading, and moving of samples as well as the necessary liquid handling process in important test phases. Linear drives support sample labeling and the barcode process and can work faster and longer than humans. A leading company called MecVel uses actuators for various applications such as linear automation systems in incubators for newborns and electric linear actuators for X-ray machines etc.

The automotive sector contributes majorly to the growth of the actuators market globally due to one of the essential components in the automotive vehicles. Commercial vehicle and passenger car sales continue to grow, and OEMs have made the interior a key focus to improve passenger safety and comfort. so that the seats are more comfortable and smarter. Actuators are used in seats to adjust lumbar support systems, seat positioning, angles, and seat rail actuators. Various types of actuators for car seat adjustment are available on the market, including gear motors for tilt adjustment, double output shafts for caterpillar drives, and linear actuators for height and tilt adjustment. Due to the worldwide increase in sales of SUVs and premium vehicles, it is expected that the market segment for seat adjustment drives will be expanded. the passenger experiences.

Restraints:

The restraining factor of the actuator depends on the type and application. Electric actuators can be poor in dynamic response and compliance and wear issues can cause inaccuracies. Hydraulic actuators can be high maintenance and not suitable for a clean environment and also leakage can be a major restraining factor of hydraulic actuators.

Opportunities:

The actuators market hold massive growth opportunity due to the wide array of industries that uses actuators in numerous mechanical and automatic equipment and machines. The actuators are widely used in industries such as Agriculture, Construction, Electronics, and Electrical engineering, Shipping machinery, Aerospace and Defense, Oil and Gas, Food and Beverage industry, and healthcare equipment and devices. The growing use of actuators in materials handling gear, robotics, Window Automation, Cutting equipment. Such vast applications in various machinery create high demand from all over the globe which supports local as well as international players.

Variable speed actuators open up new application opportunities in sophisticated speed actuators in various applications. More cultured actuators with variable speed offer possibilities like water hammers can be a major problem in many applications. Valve seats suffer if they are forcibly pushed into their end position when the valve is closed. A speed-controlled actuator gives the control engineer the option of specifying the actuating speed at different points in the cycle. The usual way to do this is to move the valve quickly for most of its cycle and slow it down as it approaches the closed position. A fast closing speed can be specified for emergencies. The speed actuator provides high-performance characteristics and supports the growth of the Actuators Market.

Challenges:

Pneumatic actuators convert the energy generated from compressed air into mechanical movement. The installation of pneumatic actuators is very troublesome work, and the maintenance costs of these actuators are high. Pneumatic actuators are a combination of different systems including compressors, air filters, lubrication hoses, etc., dryers, and regulators. Negligence or inadequate maintenance of these systems can lead to problems such as excessive noise and air leaks. With hydraulic drives, the hydraulic fluid is pumped through a storage tank, which converts the energy into mechanical movement. Hydraulic actuators have several advantages over pneumatic actuators in terms of power generation and process control. However, the likelihood of fluid leaks, fire hazards, and actuator system degradation due to erosion caused by fluid leaks are significant threats. Therefore, leakage problems are expected, along with the high level of noise caused by the operation of pneumatic and hydraulic actuators. affect the market growth prospects over the forecast period.

Market Segmentation

Segmentation Analysis of Actuators Market

By Actuation, the Electrical actuator is the dominating segment in the Actuators Market. Electric actuator holds a large portion of the Actuators Market due to their large application in a wide array of industrial application, food and beverage, automotive industry, material handling and robotic, electronics, and electronic assembly. The automotive sector utilized the actuators in driverless transport vehicles due to extensive automation in automotive parts and machines making it utilization of electric actuator automotive segment, such integration causing the growth of Actuators Market.

By Type, the Linear actuator segment is the dominating segment in the Actuators Market. The linear actuator provides Actual accurate control and positioning which enhances the performance. Linear actuator able to stop at any point of the stroke without external sensors and low operating costs creates the most viable and opted actuators in the operation. The linear actuator is used in automotive applications which is one of the largest demanding segments in the Actuators Market. The dependency of linear on automotive sector reflects on the growth of the segment on Actuators Market.

By Application, Vehicles and Equipment held the largest share in terms of application in the Actuators Market. The actuator is a major component in vehicles that dispense power and fluid into various parts of the engine. Actuator usage in equipment including mechanical road gates, garage doors, and gates, small hoists, and cranes. In the automotive sector, these actuators are used as mechanisms for opening windows and frames of cargo or engine compartments. Electric linear actuators They are also widely used to create Electronic DIY -Mechanisms for various budgetary purposes. Thus, it supports the growth of the actuator market globally.

By Vertical, the Automotive segment is the dominating segment in the Actuators Market. Actuators are one of the vital parts of the electric control system in passenger and commercial vehicle Actuator are generally electric motor or electric valves.  An electric actuator work as a movement of a load, or an action requiring a force such as clamping, using an electric motor to create the necessary force. The actuator is used in Internal combustion engines and electric vehicles which makes it global demand generating component, supporting local manufacturers as well as global export of actuators. The automotive segment is expected to grow at a fast pace during the forecasted period.  

Regional Analysis of Actuators Market

The Asia-Pacific region is expected to account for 48.2% of the actuator market in 2021. The actuator market in this region has been studied for Japan, China, India, South Korea, Taiwan, and the rest of Asia Peaceful. in the Asia-Pacific region are constantly improving their skills and therefore require machines equipped with new and advanced actuators. Countries like China and Japan are investing heavily in robotics and automation to gain a tactical advantage in robotics and process automation. This offers an excellent growth opportunity for drive manufacturers in the Asia-Pacific region.

North America is one of the fastest-growing regions in the actuators market. Large demand from the defense and aerospace sector needs high-performance actuators to install in aircraft and defense equipment. Government contracts for such components are placed in large quantities making it beneficial for the local player to grab the opportunity making the growth in the region of Actuators Market.

Players Covered in Actuators Market are:

  • The Emerson Electric Company
  • Honeywell International Inc
  • Moog Inc
  • Rotork Plc
  • Parker Hannifin Corporation
  • ABB Group
  • Cameron International Corporation
  • Eaton Corporation Plc and other major players.

Covid-19 Impact on Actuators Market

The COVID19 outbreak has disrupted supply chains and global business processes. While the pandemic did not affect the demand for valve actuators in 2019, the market forecasts take into account industry trends and how the COVID19 pandemic will affect the valve actuators market in various vertical industries. Most of the industries that use actuators, such as agriculture, healthcare, automotive, aerospace and defense, and food and beverage, have been negatively impacted by the current pandemic outbreak of COVID 19 International regulations in India, Canada, and European countries have normal business flow, disrupted demand for sales or new projects and revenue in major industries such as aerospace, automotive, and oil and gas. These industries are usually the most important business prospects for the actuator market.

Key Industry Developments of Actuators Market

  • In February 2020, Emerson introduced ASCO's 158 Series Gas Valve and 159 Series Motorized Actuator, improving both flow and control.
  • In October 2019, Parker Hannifin Corporation completed the acquisition of LORD Corporation, a leading manufacturer of advanced adhesives, coatings, and vibration and motion control technologies, for approximately $ 3.675 billion in cash.

Global Actuators Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 45.82 Bn.

Forecast Period 2022-28 CAGR:

3.9%

Market Size in 2028:

USD 55.97 Bn.

Segments Covered:

By Type

  • Linear Actuator
  • Rotary Actuator

By System

  • Electrical
  • Pneumatic
  • Hydraulic
  • Others

By End-Users

  • Oil & Gas
  • Pharmaceutical & Healthcare
  • Automotive
  • Aerospace & Defense
  • Marine
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Demand for Actuators in the Automotive Sector

Key Market Restraints:

  • Hydraulic Actuators Can Be High Maintenance and Not Suitable for A Clean Environment

Key Opportunities:

  • Introduction of Variable Speed Actuators

Companies Covered in the report:

  • The Emerson Electric Company, Honeywell International Inc, Moog Inc, Rotork Plc, Parker Hannifin Corporation, and Other major players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By System
 3.3 By End-Users

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Actuators Market by Type
 5.1 Actuators Market Overview Snapshot and Growth Engine
 5.2 Actuators Market Overview
 5.3 Linear Actuator
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Linear Actuator: Grographic Segmentation
 5.4 Rotary Actuator
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Rotary Actuator: Grographic Segmentation

Chapter 6: Actuators Market by System
 6.1 Actuators Market Overview Snapshot and Growth Engine
 6.2 Actuators Market Overview
 6.3 Electrical
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Electrical: Grographic Segmentation
 6.4 Pneumatic
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Pneumatic: Grographic Segmentation
 6.5 Hydraulic
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Hydraulic: Grographic Segmentation
 6.6 Others
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Others: Grographic Segmentation

Chapter 7: Actuators Market by End-Users
 7.1 Actuators Market Overview Snapshot and Growth Engine
 7.2 Actuators Market Overview
 7.3 Oil & Gas
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Oil & Gas: Grographic Segmentation
 7.4 Pharmaceutical & Healthcare
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Pharmaceutical & Healthcare: Grographic Segmentation
 7.5 Automotive
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size (2016-2028F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Automotive: Grographic Segmentation
 7.6 Aerospace & Defense
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size (2016-2028F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Aerospace & Defense: Grographic Segmentation
 7.7 Marine
  7.7.1 Introduction and Market Overview
  7.7.2 Historic and Forecasted Market Size (2016-2028F)
  7.7.3 Key Market Trends, Growth Factors and Opportunities
  7.7.4 Marine: Grographic Segmentation
 7.8 Others
  7.8.1 Introduction and Market Overview
  7.8.2 Historic and Forecasted Market Size (2016-2028F)
  7.8.3 Key Market Trends, Growth Factors and Opportunities
  7.8.4 Others: Grographic Segmentation

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Positioning
  8.1.2 Actuators Sales and Market Share By Players
  8.1.3 Industry BCG Matrix
  8.1.4 Ansoff Matrix
  8.1.5 Actuators Industry Concentration Ratio (CR5 and HHI)
  8.1.6 Top 5 Actuators Players Market Share
  8.1.7 Mergers and Acquisitions
  8.1.8 Business Strategies By Top Players
 8.2 THE EMERSON ELECTRIC COMPANY
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Operating Business Segments
  8.2.5 Product Portfolio
  8.2.6 Business Performance
  8.2.7 Key Strategic Moves and Recent Developments
  8.2.8 SWOT Analysis
 8.3 HONEYWELL INTERNATIONAL INC
 8.4 MOOG INC
 8.5 ROTORK PLC
 8.6 PARKER HANNIFIN CORPORATION
 8.7 ABB GROUP
 8.8 CAMERON INTERNATIONAL CORPORATION
 8.9 EATON CORPORATION PLC
 8.10 OTHER MAJOR PLAYERS

Chapter 9: Global Actuators Market Analysis, Insights and Forecast, 2016-2028
 9.1 Market Overview
 9.2 Historic and Forecasted Market Size By Type
  9.2.1 Linear Actuator
  9.2.2 Rotary Actuator
 9.3 Historic and Forecasted Market Size By System
  9.3.1 Electrical
  9.3.2 Pneumatic
  9.3.3 Hydraulic
  9.3.4 Others
 9.4 Historic and Forecasted Market Size By End-Users
  9.4.1 Oil & Gas
  9.4.2 Pharmaceutical & Healthcare
  9.4.3 Automotive
  9.4.4 Aerospace & Defense
  9.4.5 Marine
  9.4.6 Others

Chapter 10: North America Actuators Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Linear Actuator
  10.4.2 Rotary Actuator
 10.5 Historic and Forecasted Market Size By System
  10.5.1 Electrical
  10.5.2 Pneumatic
  10.5.3 Hydraulic
  10.5.4 Others
 10.6 Historic and Forecasted Market Size By End-Users
  10.6.1 Oil & Gas
  10.6.2 Pharmaceutical & Healthcare
  10.6.3 Automotive
  10.6.4 Aerospace & Defense
  10.6.5 Marine
  10.6.6 Others
 10.7 Historic and Forecast Market Size by Country
  10.7.1 U.S.
  10.7.2 Canada
  10.7.3 Mexico

Chapter 11: Europe Actuators Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Linear Actuator
  11.4.2 Rotary Actuator
 11.5 Historic and Forecasted Market Size By System
  11.5.1 Electrical
  11.5.2 Pneumatic
  11.5.3 Hydraulic
  11.5.4 Others
 11.6 Historic and Forecasted Market Size By End-Users
  11.6.1 Oil & Gas
  11.6.2 Pharmaceutical & Healthcare
  11.6.3 Automotive
  11.6.4 Aerospace & Defense
  11.6.5 Marine
  11.6.6 Others
 11.7 Historic and Forecast Market Size by Country
  11.7.1 Germany
  11.7.2 U.K.
  11.7.3 France
  11.7.4 Italy
  11.7.5 Russia
  11.7.6 Spain
  11.7.7 Rest of Europe

Chapter 12: Asia-Pacific Actuators Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Linear Actuator
  12.4.2 Rotary Actuator
 12.5 Historic and Forecasted Market Size By System
  12.5.1 Electrical
  12.5.2 Pneumatic
  12.5.3 Hydraulic
  12.5.4 Others
 12.6 Historic and Forecasted Market Size By End-Users
  12.6.1 Oil & Gas
  12.6.2 Pharmaceutical & Healthcare
  12.6.3 Automotive
  12.6.4 Aerospace & Defense
  12.6.5 Marine
  12.6.6 Others
 12.7 Historic and Forecast Market Size by Country
  12.7.1 China
  12.7.2 India
  12.7.3 Japan
  12.7.4 Singapore
  12.7.5 Australia
  12.7.6 New Zealand
  12.7.7 Rest of APAC

Chapter 13: Middle East & Africa Actuators Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Linear Actuator
  13.4.2 Rotary Actuator
 13.5 Historic and Forecasted Market Size By System
  13.5.1 Electrical
  13.5.2 Pneumatic
  13.5.3 Hydraulic
  13.5.4 Others
 13.6 Historic and Forecasted Market Size By End-Users
  13.6.1 Oil & Gas
  13.6.2 Pharmaceutical & Healthcare
  13.6.3 Automotive
  13.6.4 Aerospace & Defense
  13.6.5 Marine
  13.6.6 Others
 13.7 Historic and Forecast Market Size by Country
  13.7.1 Turkey
  13.7.2 Saudi Arabia
  13.7.3 Iran
  13.7.4 UAE
  13.7.5 Africa
  13.7.6 Rest of MEA

Chapter 14: South America Actuators Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 Linear Actuator
  14.4.2 Rotary Actuator
 14.5 Historic and Forecasted Market Size By System
  14.5.1 Electrical
  14.5.2 Pneumatic
  14.5.3 Hydraulic
  14.5.4 Others
 14.6 Historic and Forecasted Market Size By End-Users
  14.6.1 Oil & Gas
  14.6.2 Pharmaceutical & Healthcare
  14.6.3 Automotive
  14.6.4 Aerospace & Defense
  14.6.5 Marine
  14.6.6 Others
 14.7 Historic and Forecast Market Size by Country
  14.7.1 Brazil
  14.7.2 Argentina
  14.7.3 Rest of SA

Chapter 15 Investment Analysis

Chapter 16 Analyst Viewpoint and Conclusion

Global Actuators Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 45.82 Bn.

Forecast Period 2022-28 CAGR:

3.9%

Market Size in 2028:

USD 55.97 Bn.

Segments Covered:

By Type

  • Linear Actuator
  • Rotary Actuator

By System

  • Electrical
  • Pneumatic
  • Hydraulic
  • Others

By End-Users

  • Oil & Gas
  • Pharmaceutical & Healthcare
  • Automotive
  • Aerospace & Defense
  • Marine
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Demand for Actuators in the Automotive Sector

Key Market Restraints:

  • Hydraulic Actuators Can Be High Maintenance and Not Suitable for A Clean Environment

Key Opportunities:

  • Introduction of Variable Speed Actuators

Companies Covered in the report:

  • The Emerson Electric Company, Honeywell International Inc, Moog Inc, Rotork Plc, Parker Hannifin Corporation, and Other major players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. ACTUATORS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. ACTUATORS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. ACTUATORS MARKET COMPETITIVE RIVALRY
TABLE 005. ACTUATORS MARKET THREAT OF NEW ENTRANTS
TABLE 006. ACTUATORS MARKET THREAT OF SUBSTITUTES
TABLE 007. ACTUATORS MARKET BY TYPE
TABLE 008. LINEAR ACTUATOR MARKET OVERVIEW (2016-2028)
TABLE 009. ROTARY ACTUATOR MARKET OVERVIEW (2016-2028)
TABLE 010. ACTUATORS MARKET BY SYSTEM
TABLE 011. ELECTRICAL MARKET OVERVIEW (2016-2028)
TABLE 012. PNEUMATIC MARKET OVERVIEW (2016-2028)
TABLE 013. HYDRAULIC MARKET OVERVIEW (2016-2028)
TABLE 014. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 015. ACTUATORS MARKET BY END-USERS
TABLE 016. OIL & GAS MARKET OVERVIEW (2016-2028)
TABLE 017. PHARMACEUTICAL & HEALTHCARE MARKET OVERVIEW (2016-2028)
TABLE 018. AUTOMOTIVE MARKET OVERVIEW (2016-2028)
TABLE 019. AEROSPACE & DEFENSE MARKET OVERVIEW (2016-2028)
TABLE 020. MARINE MARKET OVERVIEW (2016-2028)
TABLE 021. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 022. NORTH AMERICA ACTUATORS MARKET, BY TYPE (2016-2028)
TABLE 023. NORTH AMERICA ACTUATORS MARKET, BY SYSTEM (2016-2028)
TABLE 024. NORTH AMERICA ACTUATORS MARKET, BY END-USERS (2016-2028)
TABLE 025. N ACTUATORS MARKET, BY COUNTRY (2016-2028)
TABLE 026. EUROPE ACTUATORS MARKET, BY TYPE (2016-2028)
TABLE 027. EUROPE ACTUATORS MARKET, BY SYSTEM (2016-2028)
TABLE 028. EUROPE ACTUATORS MARKET, BY END-USERS (2016-2028)
TABLE 029. ACTUATORS MARKET, BY COUNTRY (2016-2028)
TABLE 030. ASIA PACIFIC ACTUATORS MARKET, BY TYPE (2016-2028)
TABLE 031. ASIA PACIFIC ACTUATORS MARKET, BY SYSTEM (2016-2028)
TABLE 032. ASIA PACIFIC ACTUATORS MARKET, BY END-USERS (2016-2028)
TABLE 033. ACTUATORS MARKET, BY COUNTRY (2016-2028)
TABLE 034. MIDDLE EAST & AFRICA ACTUATORS MARKET, BY TYPE (2016-2028)
TABLE 035. MIDDLE EAST & AFRICA ACTUATORS MARKET, BY SYSTEM (2016-2028)
TABLE 036. MIDDLE EAST & AFRICA ACTUATORS MARKET, BY END-USERS (2016-2028)
TABLE 037. ACTUATORS MARKET, BY COUNTRY (2016-2028)
TABLE 038. SOUTH AMERICA ACTUATORS MARKET, BY TYPE (2016-2028)
TABLE 039. SOUTH AMERICA ACTUATORS MARKET, BY SYSTEM (2016-2028)
TABLE 040. SOUTH AMERICA ACTUATORS MARKET, BY END-USERS (2016-2028)
TABLE 041. ACTUATORS MARKET, BY COUNTRY (2016-2028)
TABLE 042. THE EMERSON ELECTRIC COMPANY: SNAPSHOT
TABLE 043. THE EMERSON ELECTRIC COMPANY: BUSINESS PERFORMANCE
TABLE 044. THE EMERSON ELECTRIC COMPANY: PRODUCT PORTFOLIO
TABLE 045. THE EMERSON ELECTRIC COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. HONEYWELL INTERNATIONAL INC: SNAPSHOT
TABLE 046. HONEYWELL INTERNATIONAL INC: BUSINESS PERFORMANCE
TABLE 047. HONEYWELL INTERNATIONAL INC: PRODUCT PORTFOLIO
TABLE 048. HONEYWELL INTERNATIONAL INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. MOOG INC: SNAPSHOT
TABLE 049. MOOG INC: BUSINESS PERFORMANCE
TABLE 050. MOOG INC: PRODUCT PORTFOLIO
TABLE 051. MOOG INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. ROTORK PLC: SNAPSHOT
TABLE 052. ROTORK PLC: BUSINESS PERFORMANCE
TABLE 053. ROTORK PLC: PRODUCT PORTFOLIO
TABLE 054. ROTORK PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. PARKER HANNIFIN CORPORATION: SNAPSHOT
TABLE 055. PARKER HANNIFIN CORPORATION: BUSINESS PERFORMANCE
TABLE 056. PARKER HANNIFIN CORPORATION: PRODUCT PORTFOLIO
TABLE 057. PARKER HANNIFIN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. ABB GROUP: SNAPSHOT
TABLE 058. ABB GROUP: BUSINESS PERFORMANCE
TABLE 059. ABB GROUP: PRODUCT PORTFOLIO
TABLE 060. ABB GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. CAMERON INTERNATIONAL CORPORATION: SNAPSHOT
TABLE 061. CAMERON INTERNATIONAL CORPORATION: BUSINESS PERFORMANCE
TABLE 062. CAMERON INTERNATIONAL CORPORATION: PRODUCT PORTFOLIO
TABLE 063. CAMERON INTERNATIONAL CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. EATON CORPORATION PLC: SNAPSHOT
TABLE 064. EATON CORPORATION PLC: BUSINESS PERFORMANCE
TABLE 065. EATON CORPORATION PLC: PRODUCT PORTFOLIO
TABLE 066. EATON CORPORATION PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 067. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 068. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 069. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. ACTUATORS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. ACTUATORS MARKET OVERVIEW BY TYPE
FIGURE 012. LINEAR ACTUATOR MARKET OVERVIEW (2016-2028)
FIGURE 013. ROTARY ACTUATOR MARKET OVERVIEW (2016-2028)
FIGURE 014. ACTUATORS MARKET OVERVIEW BY SYSTEM
FIGURE 015. ELECTRICAL MARKET OVERVIEW (2016-2028)
FIGURE 016. PNEUMATIC MARKET OVERVIEW (2016-2028)
FIGURE 017. HYDRAULIC MARKET OVERVIEW (2016-2028)
FIGURE 018. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 019. ACTUATORS MARKET OVERVIEW BY END-USERS
FIGURE 020. OIL & GAS MARKET OVERVIEW (2016-2028)
FIGURE 021. PHARMACEUTICAL & HEALTHCARE MARKET OVERVIEW (2016-2028)
FIGURE 022. AUTOMOTIVE MARKET OVERVIEW (2016-2028)
FIGURE 023. AEROSPACE & DEFENSE MARKET OVERVIEW (2016-2028)
FIGURE 024. MARINE MARKET OVERVIEW (2016-2028)
FIGURE 025. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 026. NORTH AMERICA ACTUATORS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. EUROPE ACTUATORS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. ASIA PACIFIC ACTUATORS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. MIDDLE EAST & AFRICA ACTUATORS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. SOUTH AMERICA ACTUATORS MARKET OVERVIEW BY COUNTRY (2016-2028)

Frequently Asked Questions :

What would be the forecast period in the Actuators Market research report?

The forecast period in the Actuators Market research report is 2022-2028.

Who are the key players in Actuators Market?

The Emerson Electric Company, Honeywell International Inc, Moog Inc, Rotork Plc, Parker Hannifin Corporation, ABB Group, Cameron International Corporation, Eaton Corporation Plc. and other major players.

What are the segments of the Actuators Market?

The Actuators Market has been segmented into Type, System, End-Users, and region. By Type, the market is categorized into Linear Actuator, Rotary Actuator. By System, the market is categorized into Electrical, Pneumatic, Hydraulic, and Others. By End-Users, the market is categorized into Oil & Gas, Pharmaceutical & Healthcare, Automotive, Aerospace & Defense, Marine, and Others.  By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Actuators Market?

Actuators are devices that convert energy into motion and are primarily used to move or control mechanisms and systems. Actuators are powered by an external power source, typically electrical power, hydraulic fluid pressure, or pneumatic pressure, which is then converted into motion.

How big is the Actuators Market?

Global Actuators Market was valued at USD 45.82 billion in 2021 and is expected to reach USD 55.97 billion by the year 2028, at a CAGR of 3.9%.