Global Actuators Market Overview
Global Actuators Market Size Was Valued at USD 45.82 Billion In 2022 And Is Projected to Reach USD 64.65 Billion By 2030, Growing at A CAGR of 3.9% From 2023 To 2030.
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 |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2017 to 2022 |
Market Size in 2022: |
USD 45.82 Bn. |
Forecast Period 2023-30 CAGR: |
3.9% |
Market Size in 2030: |
USD 64.65 Bn. |
Segments Covered: |
By Type |
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By System |
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By End-Users |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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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: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2017 to 2022 |
Market Size in 2022: |
USD 45.82 Bn. |
Forecast Period 2023-30 CAGR: |
3.9% |
Market Size in 2030: |
USD 64.65 Bn. |
Segments Covered: |
By Type |
|
|
By System |
|
||
By End-Users |
|
||
By Region |
|
||
Key Market Drivers: |
|
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Key Market Restraints: |
|
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Key Opportunities: |
|
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Companies Covered in the report: |
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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 :
The forecast period in the Actuators Market research report is 2023-2030.
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.
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.).
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.
Global Actuators Market Size Was Valued at USD 45.82 Billion In 2022 And Is Projected to Reach USD 64.65 Billion By 2030, Growing at A CAGR of 3.9% From 2023 To 2030.