Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Rotary Actuator Market Size

The global rotary actuator market value is expected to grow at a CAGR of 6.10% between 2024 and 2032.

Global Rotary Actuator Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion XX
Market Size 2032 USD Billion XX
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 6.1%
CAGR 2024-2032 - Market by Region Latin America 6.6%
CAGR 2024-2032 - Market by Country India 7.1%
CAGR 2024-2032 - Market by Country China 6.5%
CAGR 2024-2032 - Market by Product Electric Rotary Actuator 6.9%
CAGR 2024-2032 - Market by Application Industrial 6.7%
Market Share by Country 2023 Germany 4.7%

Global Rotary Actuator Market

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Global Rotary Actuator Market Growth

A rotary actuator is a manual, fuel-powered, or electrical device whose primary function is to convert electrical energy into oscillatory and rotary motion. Rotary actuators are used for operating automatic and manual valves and are designed for heavy-duty motion and high torque applications, among others.

The rotary actuator market key trends and dynamics are driven by the growing adoption of rotary actuators by manufacturers in their assembly processes, aimed at enhancing product efficiency and quality. They are also extensively used in the control and monitoring of industrial automation processes involving raw materials to obtain desired end products.

Global Rotary Actuator Market Analysis

Another crucial trend aiding the precision rotary actuator industry growth is the growing adoption of rotary actuators by various end-user industries. Due to their mechanical stiffness and high force capabilities, rotary actuators are used in the aerospace industry, semiconductor production, defence industry, oil and gas manufacturing units, and packaging industry, among others.

The growing automotive industry is another key trend propelling the growth of the rotary actuators market. Rotary actuators are heavily employed in the automotive industry due to their applications in movement control of valves and flaps in exhaust and engine systems along with their usage in suspension systems and power steering.

Global Rotary Actuator Industry Outlook

As per the BP Statistical Review of World Energy (2021), in 2021, North America's oil production reached 1,074.7 million tonnes, marking a 1.8% increase from 2020. The United States led with 711.1 million tonnes, reflecting stable production levels with a growth rate of 0.2%. Canada followed, achieving 267.1 million tonnes, which represents a significant increase of 6.3%. Mexico produced 96.5 million tonnes, maintaining a steady output of 1.7% increase. Europe's total oil production in 2021 was 160.2 million tonnes. Norway was the largest producer in the region, with 93.8 million tonnes, showing a 2.2% growth.

In North America, the United States contributed 16.8% to global oil production, while Canada accounted for 6.3% and Mexico held a 2.3% share. Europe contributed 3.8% to global oil production, with Norway playing a significant role, contributing 2.2%. This substantial oil production supports the growth of the rotary actuator industry revenue, as these actuators are essential for operating control valves that regulate the flow of oil, gas, and other fluids through pipelines and processing equipment.

Rotary actuators provide accurate and reliable rotational movement, essential for various applications across industries.

  • They are used in diverse sectors, including automotive, aerospace, and industrial automation, enhancing market stability.
  • Ongoing innovations improve performance and expand the capabilities of rotary actuators, driving the rotary actuator market growth.

Advanced rotary actuators can be expensive, impacting affordability for some sectors.

  • They may require regular maintenance, which can increase operational costs.
  • The complexity of installation and integration can be a barrier for some applications.

Increased automation in industries provides new rotary actuator market opportunities for applications.

  • Expanding industrial sectors in emerging markets offer potential for market expansion.
  • The development of new technologies and applications, such as robotics, presents growth opportunities.

Economic downturns can reduce industrial spending on new equipment.

  • The market faces competition from alternative actuation technologies and manufacturers.
  • Strict regulations in different regions may impact production and market entry.

Key Players in the Global Rotary Actuator Market and Their Key Initiatives

SMC Corporation of America

  • Launched compact and energy-efficient rotary actuators.
  • Expanded production facilities in North America.

Emerson Electric Co.

  • Launched the ASCO Series 158 Gas Valve and Series 159 Motorized Actuator.
  • Introduced new smart actuator technologies to meet the growing demand of the rotary actuator market.

Parker Hannifin Corp

  • Acquired Meggitt PLC and enhanced its rotary actuator capabilities.
  • Launched new advanced helical rotary actuators.

Festo Ltd.

  • Launched DSMI quarter turn actuator with an integrated linear potentiometer.
  • Introduced ERMO rotary actuator, featuring high performance to capture the rotary actuator market opportunities.

Global Rotary Actuator Market

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Global Rotary Actuator Industry Segmentation

“Global Rotary Actuator Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

  • Hydraulic Rotary Actuator
  • Electric Rotary Actuator
  • Pneumatic Rotary Actuator

Market Breakup by Application 

  • Metal and Mining
  • Oil and Gas
  • Construction
  • Industrial
  • Agriculture

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
CAGR 2024-2032 - Market by Country
India 7.1%
China 6.5%
Mexico 6.4%
UK 6.0%
USA 5.8%
Canada XX%
Germany 5.4%
France XX%
Italy XX%
Japan XX%
Australia XX%
Saudi Arabia XX%
Brazil XX%

Global Rotary Actuator Market

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Rotary Actuator Market Share

Pneumatic rotary actuators are expected to hold a significant share of the market over the forecast period. Due to their low costs, energy-saving features, and quick response time, pneumatic rotary actuators are replacing manual levers across various manufacturing industries. Pneumatic rotary actuators offer enhanced reliability and efficiency compared to manual gears and are used in mechanical arm rotation systems to adjust the angle of rotation. This contributes to the growth of the rotary actuator market.

The rotary actuator market demand has increased due to their substantial advantages in both the oil and gas and construction sectors. In the oil and gas industry, rotary actuators deliver precise valve and blowout preventer control, improve durability in severe conditions, support automation for better efficiency, and enhance safety by managing crucial equipment. In construction, they provide accurate machinery control, enhance productivity through task automation, and offer the durability and strength needed for challenging environments. Their versatility in various applications makes rotary actuators crucial for boosting operational efficiency and reliability in both industries.

Asia Pacific is anticipated to account for the rotary actuator market share supported by rising investments by countries such as Japan and China to implement automation coupled with the development of technologically advanced rotary actuators. The growing adoption of these devices by various industries due to their mechanical stiffness and high force capabilities is another factor fuelling the rotary actuator market growth in Asia.

Leading Companies in the Rotary Actuator Market

The company’s focus is on pneumatic and automation solutions, highlighting innovation and outstanding customer service. They offer a diverse range of products, including actuators, valves, and cylinders, designed to enhance automation efficiency and operational effectiveness across different industries.

  • SMC Corporation of America 
  • Emerson Electric Co. 
  • Parker Hannifin Corp 
  • Festo Ltd. 
  • ABB Ltd. 
  • Bosch Rexroth Corporation 
  • Norgren Ltd. 
  • MISUMI Corporation 
  • Moog Inc. 
  • IMI Kynoch Limited

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:

  • Product
  • Application
  • Region
Breakup by Product
  • Hydraulic Rotary Actuator
  • Electric Rotary Actuator
  • Pneumatic Rotary Actuator
Breakup by Application
  • Metal and Mining
  • Oil and Gas
  • Construction
  • Industrial
  • Agriculture
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • SMC Corporation of America
  • Emerson Electric Co.
  • Parker Hannifin Corp
  • Festo Ltd.
  • ABB Ltd.
  • Bosch Rexroth Corporation
  • Norgren Ltd.
  • MISUMI Corporation
  • Moog Inc.
  • IMI Kynoch Limited
  • Others

Rotary Actuator Market Report Snapshots

Rotary Actuator Market Size

Rotary Actuator Market Growth

Rotary Actuator Market Analysis

Rotary Actuator Market Share

Rotary Actuator Companies

*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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Key Questions Answered in the Report

The rotary actuator market value is expected to grow at a CAGR of 6.10% between 2024 and 2032.

The major market drivers include increased incorporation of rotary actuators by various manufacturers, growing adoption of rotary actuators by various end user industries, and growth of aerospace and oil and gas industries.

The key trends fuelling the growth of the market include rise of industrial automation, advancements in technology, and growing automotive industry.

The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

A rotary actuator transforms various forms of energy such as hydraulic, electrical, and pneumatic into mechanical rotation.

Based on the product, market segmentations include hydraulic rotary actuators, electric rotary actuators, and pneumatic rotary actuators.

The various applications of rotary actuators include metal and mining, oil and gas, construction, industrial, and agriculture.

The competitive landscape consists of SMC Corporation of America, Emerson Electric Co., Parker Hannifin Corp, Festo Ltd., ABB Ltd., Bosch Rexroth Corporation, Norgren Ltd., MISUMI Corporation, Moog Inc., and IMI Kynoch Limited, among others.

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