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Global Electric Cylinders and Slide Actuators Market Share, Growth, Analysis, Forecast: By Product Type: Parallel Drive Actuator, Right-Angle or L-Drive Actuator, In-line Actuators, Others; By Application: Oil and Gas, Energy and Power, Automotive, Aerospace and Defense, Others; By Module Type; Regional Analysis; Competitive Landscape; 2024-2032
Global Electric Cylinders and Slide Actuators Market Outlook
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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Key Trends in the Market
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 global electric cylinders and slide actuators market is being driven by the increasing application of the product in the manufacturing sector to streamline manufacturing processes in order to bolster operational efficiencies.
- The increasing deployment of electric cylinders and slide actuators in the field of robotics is another crucial trend driving the market growth. Linear electric cylinders and slide actuators make the mobility of robots possible, therefore, the increasing demand for industrial robots across various end use sectors are further fuelling the electric cylinders and slide actuators market growth.
- Electric cylinders and slide actuators are a part of modern agricultural machinery and are used to supply seed drills and help in the process of spraying herbicides and insecticides while reducing labour efforts. In this regard, the technological advancements in the agricultural sector are expected to boost the demand for electric cylinders and slide actuators in the forecast period.
Opportunities and Challenges
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.
Market Analysis
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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.
- Festo Inc.
- Parker Hannifin Corp
- Thomson Linear
- Oriental Motor
- Bosch Rexroth Corporation
- PHD Inc.
- Tamagawa Seiki Co Ltd
- Others
Market Share by Product Type
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.
Market Share by Module Type
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.
Market Share by Region
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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Competitive Landscape
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.
Key Highlights of the Report
| 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:
|
| Breakup by Product Type |
|
| Breakup by Motor Attachment Position |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Electric Cylinders and Slide Actuators Market Analysis
8.1 Key Industry Highlights
8.2 Global Electric Cylinders and Slide Actuators Historical Market (2018-2023)
8.3 Global Electric Cylinders and Slide Actuators Market Forecast (2024-2032)
8.4 Global Electric Cylinders and Slide Actuators Market by Product Type
8.4.1 Parallel Drive Actuator
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Right-Angle or L-Drive Actuator
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 In-line Actuators
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Electric Cylinders and Slide Actuators Market by Application
8.5.1 Oil and Gas
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Energy and Power
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Automotive
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Aerospace and Defense
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Agriculture
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2023)
8.5.5.3 Forecast Trend (2024-2032)
8.5.6 Pharmaceutical and Healthcare
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2023)
8.5.6.3 Forecast Trend (2024-2032)
8.5.7 Others
8.6 Global Electric Cylinders and Slide Actuators Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
9 North America Electric Cylinders and Slide Actuators Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Electric Cylinders and Slide Actuators Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Electric Cylinders and Slide Actuators Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Electric Cylinders and Slide Actuators Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Electric Cylinders and Slide Actuators Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Egypt
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Festo Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Parker Hannifin Corp
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Thomson Industries, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 THK Co., Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 SMC Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Oriental Motor USA Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Bosch Rexroth Corporation
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 PHD Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Electric Cylinders and Slide Actuators Market: Key Industry Highlights, 2018 and 2032
2. Global Electric Cylinders and Slide Actuators Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Global Electric Cylinders and Slide Actuators Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Global Electric Cylinders and Slide Actuators Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Electric Cylinders and Slide Actuators Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Electric Cylinders and Slide Actuators Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Electric Cylinders and Slide Actuators Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Electric Cylinders and Slide Actuators Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Electric Cylinders and Slide Actuators Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Electric Cylinders and Slide Actuators Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Electric Cylinders and Slide Actuators Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Electric Cylinders and Slide Actuators Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Electric Cylinders and Slide Actuators Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Electric Cylinders and Slide Actuators Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Electric Cylinders and Slide Actuators Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Electric Cylinders and Slide Actuators Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Electric Cylinders and Slide Actuators Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Electric Cylinders and Slide Actuators Market Structure
Key Questions Answered in the Report
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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