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Global Actuators Market: By Actuation: Electrical, Hydraulic, Pneumatic, Others; By Type: Linear Actuators, Rotary Actuators; By Application: Industrial Automation, Robotics, Vehicles and Equipment; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Actuators Market Outlook

In 2020, the size of the actuators market was estimated at USD 48.7 billion and is projected to reach USD 74.8 billion by 2026, growing at a CAGR of 7.41% in the 2022-2027 forecast period.

 

Global Actuators Market

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The global actuators market is driven by the need to enhance productivity and the rising downtime in the industrial plants and the growing manufacturing activities across the globe.

 

Market Segmentation

An actuator refers to a component of the machine, which ensures mobility and control over a mechanism or system. For instance, opening up of valve. It requires a source of energy and a control signal.

 

Global Actuators Market By Application

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The global actuators market can be divided on the basis of segments like actuation, type, application, and region.

The global actuators market can be broadly categorised on the basis of actuation into:

  • Electrical 
  • Hydraulic 
  • Pneumatic 
  • Others

The global actuators market can be divided based on types as:

  • Linear Actuators 
  • Rod Type Linear Actuators
  • Screw Type Linear Actuators
  • Belt Type Linear Actuators
  • Rotary Actuators 
  • Motors
  • Bladder and Vane
  • Piston Type

The global actuators market can be segmented based on applications as:

  • Industrial Automation 
  • Robotics 
  • Vehicles and Equipment
  • Others

The EMR report looks into the regional markets of actuators such as North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.

 

Global Actuators Market By Region

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Global Actuators Market Analysis

The creation of advanced and price-effective actuators, along with the rising demand for robotics and process automation in various industrial segments, are some of the factors that affect the actuators market growth. In the forecast period, the linear segment is expected to grow at the highest CAGR. The linear actuators are primarily used in automation applications. They are used in various industries, where positioning is required. The demand for actuators has grown significantly, and this trend is expected to continue over the forecast period.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global actuators market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Rockwell Automation, Inc.
  • Moog Inc.
  • SMC Corporation of America
  • Curtiss-Wright
  • IMI Critical Engineering 
  • Tolomatic, Inc.
  • Venture MFG. Co.
  • Others

The EMR report gives an in-depth insight into the global actuators market by providing a SWOT analysis, as well as an assessment of Porter's Five Forces.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Actuation, Type, Application, Region
Breakup by Actuation Electrical, Hydraulic, Pneumatic, Others
Breakup by Type Linear Actuators, Rotary Actuators
Breakup by Application Industrial Automation, Robotics, Vehicles and Equipment, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Rockwell Automation, Inc., Moog Inc., SMC Corporation of America, Curtiss-Wright, IMI Critical Engineering, Tolomatic, Inc., and Venture MFG. Co., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface     
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Actuators Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Actuators Historical Market (2017-2021)
    8.3    Global Actuators Market Forecast (2022-2027)
    8.4    Global Actuators Market by Actuation
        8.4.1    Electrical
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Hydraulic
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Pneumatic
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Others
    8.5    Global Actuators Market by Type
        8.5.1    Linear Actuators
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
            8.5.1.4    Breakup by Linear Actuator Type
                8.5.1.4.1    Rod Type Linear Actuators
                8.5.1.4.2    Screw Type Linear Actuators
                8.5.1.4.3    Belt Type Linear Actuators
        8.5.2    Rotary Actuators
        8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
            8.5.2.4    Breakup by Rotary Actuator Type
                8.5.2.4.1    Motors
                8.5.2.4.2    Bladder and Vane
                8.5.2.4.3    Piston Type
    8.6    Global Actuators Market by Application
        8.6.1    Industrial Automation
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Robotics
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Vehicles and Equipment
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Others
    8.7    Global Actuators Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics  
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Rockwell Automation, Inc.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Moog Inc.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    SMC Corporation of America 
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Curtiss-Wright
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    IMI Critical Engineering  
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Tolomatic, Inc. 
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Venture MFG. Co.
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    Global Actuators Market: Key Industry Highlights, 2017 and 2027
2.    Global Actuators Historical Market: Breakup by Actuation (USD Billion), 2017-2021
3.    Global Actuators Market Forecast: Breakup by Actuation (USD Billion), 2022-2027
4.    Global Actuators Historical Market: Breakup by Type (USD Billion), 2017-2021
5.    Global Actuators Market Forecast: Breakup by Type (USD Billion), 2022-2027
6.    Global Actuators Historical Market: Breakup by Application (USD Billion), 2017-2021
7.    Global Actuators Market Forecast: Breakup by Application (USD Billion), 2022-2027
8.    Global Actuators Historical Market: Breakup by Region (USD Billion), 2017-2021
9.    Global Actuators Market Forecast: Breakup by Region (USD Billion), 2022-2027
10.    North America Actuators Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    North America Actuators Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Europe Actuators Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Europe Actuators Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Asia Pacific Actuators Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Asia Pacific Actuators Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Latin America Actuators Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Latin America Actuators Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Middle East and Africa Actuators Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Middle East and Africa Actuators Market Forecast: Breakup by Country (USD Billion), 2022-2027
20.    Global Actuators Market Structure

Key Questions Answered in the Report

In 2020, the global actuators market attained a value of nearly USD 48.7 billion.

The industry is projected to grow at a CAGR of 7.41% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 74.8 billion by 2026.

The major drivers of the market, such as the growing demand to enhance productivity, rising downtime in the industrial plants, and the increased automation across different industries, are expected to aid the industry growth.

The key market trend guiding the growth of the industry include the rising availability of advanced and price-effective actuators, growing preference towards robotics in different sectors, and the rapid technological advancement.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading actuation segments in the market are electrical, hydraulic, and pneumatic, among others.

The significant types of actuators in the industry are linear actuators and rotary actuators.

The significant applications segments of the product in the market are industrial automation, robotics, and vehicles and equipment, among others.

The major players in the industry are Rockwell Automation, Inc., Moog Inc., SMC Corporation of America, Curtiss-Wright, IMI Critical Engineering, Tolomatic, Inc., and and Venture MFG. Co., among others.

Analyst Review

The global actuators market attained a value of USD 48.7 billion in 2020, driven by the rising downtime in the industrial plants and the increased automation across different industries. Aided by the growing adoption of robotics, accessibility to affordable actuators, and rapid technological advancement, the industry is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 7.41%. The industry is projected to reach USD 74.8 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of actuation, the industry is divided into electrical, hydraulic, pneumatic, and others. Based on type, the industry is broadly categorised into linear and rotary actuators. On the basis of application, the market has been divided into industrial automation, robotics, and vehicles and equipment, among others. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Rockwell Automation, Inc., Moog Inc., SMC Corporation of America, Curtiss-Wright, IMI Critical Engineering, Tolomatic, Inc., and and Venture MFG. Co., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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