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The global electric cylinders and slide actuators market is expected to grow at a CAGR of 8.60% between 2024 and 2032. The market is being driven by heightening deployment in the manufacturing sector to improve the efficiency of various manufacturing processes.
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Electric cylinders, also known as electro-mechanical cylinders, are the devices which convert electrical energy into mechanical energy to facilitate linear motion of a load. They are smaller in size and provide greater accuracy in control of force, speed, and position. Meanwhile, slide actuators, which are also known as linear actuators, are equipment which are used to convert rotational motion into linear push or pull motion.
The rapid shift from conventional sources of power generation towards renewable sources of power generation is likely to pose as a huge market opportunity by increasing the incorporation of electric cylinders and slide actuators in solar panel operations. Electric cylinders and slide actuators, when applied in the solar panels, can incorporate the ability to track the sun.
Meanwhile, the increasing automation in the food and beverage sector is a key opportunity in the electric cylinders and slide actuators market. Electric cylinders and slide actuators are used in packaging, material handling, and treatment of food, among other processes.
However, the inability of electric cylinders and slide actuators to function for prolonged hours without generating heat is likely to pose as a challenge in the market.
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Based on product type, the market is segmented into mini slide unit EGSS, mini slide EGSL, electric slide EGSK, electric cylinder unit EPCS, and electric cylinder ESBF, among others. On the basis of motor attachment position, the market is classified into parallel left, parallel right, parallel top, and parallel bottom, among others. By module type, the market is segmented into compact, linear, precision, and omega, among others. The regional markets for electric cylinders and slide actuators can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global electric cylinders and slide actuators market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Based on product type, the mini slide unit EGSS segment accounts for a significant share in the electric cylinders and slide actuators market. Mini slide unit EGSS offer high load bearing and precise linear guidance properties at low cost. They are rigid, exhibit low internal friction, and come with integrated end position sensing, which makes them applicable in diverse mechanical settings in the industrial sector. Moreover, these electric cylinders and slide actuators can be operated without any digital interference or any unique expertise, which is a crucial advantage of the mini slide unit EGSS. Over the forecast period, the mini slide unit EGSS product type is expected to witness a healthy growth in the electric cylinders and slide actuators market mainly due to the innovative initiatives being taken by major manufacturers aimed towards simplifying motion for greater productivity.
The linear segment, based on module type, accounts for a healthy share of the electric cylinders and slide actuators market. Linear electric cylinders and slide actuators are less complex in terms of design, can be integrated with a mechanical component without any hassle, offer high precision at low cost, are easy to assemble, and reduce noise. The increasing application of the linear electric cylinders and slide actuators across the industrial sector is driving the segment’s growth. Moreover, this type of electric cylinder and slide actuator also offers greater flexibility and synchronisation options which improve designing flexibility for end users, leading to a greater growth of this segment.
At a regional level, North America occupies a sizable share of the electric cylinders and slide actuators market. The market in North America is being driven by the rising investments towards low-cost automation across the industrial sector which are fuelling the demand for robots, which are a major end user of electric cylinders and slide actuators. In addition, the strong presence of leading mechanical engineering companies in well-established economies such as the United States are further propelling the market growth in North America.
Meanwhile, the Asia Pacific is expected to witness stable growth in the electric cylinders and slide actuators market during the forecast period. This can be attributed to the rapid expansion of industrial facilities which is leading to a heightened demand for electric cylinders and slide actuators for improved freight and goods management.
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Festo Inc. was founded in the year 1977 and is a prominent manufacturer and supplier of pneumatic and electrical automation technology. The company is currently headquartered in Esslingen, Germany and offers products related to industrial and process automation. The product portfolio of the company includes actuators and drives, motors, grippers, and industrial robots, among others.
Parker Hannifin Corp is a leading manufacturing company which provides expertise in motion and control technologies. The company was founded in the year 1917 and is currently headquartered in Ohio in the United States. The precision-engineered technologies of the company are versatile and cater to the demands of various industrial end use sectors.
Thomson Linear is a renowned manufacturer of linear technologies which was founded in 1946. Currently headquartered in Virginia, United States, and the product portfolio of this company includes linear bearings and guides, screws, actuators, precision balls, resolvers, lifting columns, stainless food-grade actuators, among others. Thomson Linear also offers a range of applications and design tools to further support its customers.
Other market players include Oriental Motor, Bosch Rexroth Corporation, PHD Inc., and Tamagawa Seiki Co Ltd, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Application |
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Breakup by Region |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is estimated to grow at a CAGR of 8.60% in the forecast period between 2024 and 2032.
The growing applications of electric cylinders and slide actuators in the manufacturing sector to streamline manufacturing processes, and increasing demand for industrial robots are the major drivers of the electric cylinders and slide actuators market.
The key trends in the market include the increasing application of electric cylinders and slide actuators in modern agricultural machinery and their growing deployment in the field of robotics.
Mini slide unit EGSS, mini slide EGSL, electric slide EGSK, electric cylinder unit EPCS, and electric cylinder ESBF, among others, are the different product types included in the market.
Parallel left, parallel right, parallel top, and parallel bottom, among others, are the segments of the market based on motor attachment position.
Compact, linear, precision, and omega, among others, are the different module types included in the market report.
Electric cylinders convert electrical energy into mechanical force leading to a propulsion.
A slide actuator is an electrical device used for moving light and heavy loads in a linear path.
Electric cylinders and slide actuators failure can cause explosions, so these devices should be handled with utmost care.
Festo Inc., Parker Hannifin Corp, Thomson Linear, Oriental Motor, Bosch Rexroth Corporation, PHD Inc., and Tamagawa Seiki Co Ltd, among others, are the key market players, according to the report.
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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
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+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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