Actuators Market Size, Share, Trend, Forecast, & Industry Analysis

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Presents a Research Report on
Actuators Market
The Actuators Market is Segmented by Type (Linear
Actuators and Rotary Actuators), by System Type
(Hydraulic Actuators, Electrical Actuators,
Pneumatic Actuators, Mechanical Actuators, and
Others), by Application Type (End-Use
Application, Industrial Application), and by
Region (North America, Europe, Asia-Pacific, and
Rest of the World).


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Actuators Market Growth and Forecast Highlights
Drivers

• Actuators market is likely to witness an
  impressive CAGR of 5.2 during the forecast
  period.
• Increased investment towards process automation
  across end-use industries is the major factor
  driving the demand for actuators.
• Actuators are an eminent part of any machine that
  on which the movement of the machine depends.
• It is also responsible for the controlling of a
  mechanism or a system, such as opening a valve.
• The actuator is also known as a mover and it
  needs an energy source and a control signal for
  its working.
• The actuator does the work of converting energy
  into motion and is used in industrial and
  manufacturing applications and also in various
  devices such as valves, pumps, switches, and
  motors.

Actuators Market - Snapshot Actuators Market - Snapshot
Market Growth 5.2 for next five years
Major Type Linear actuators
Major System Type Electrical actuators
Dominant Application Type End-use application
Region with the highest demand Asia-Pacific
Key Players The Emerson Electric Company, Honeywell International Inc., Moog Inc., Rotork Plc, Parker Hannifin Corporation, ABB Group, Cameron International Corporation, and Eaton Corporation Plc.
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Market Insights

• By Type
• The market is segmented as linear actuators, and
  rotary actuators.
• The linear actuators segment is expected to
  dominate the market during the forecast period.
• The escalating demand for fuel-efficient
  vehicles, implementation of stringent
  environmental regulation, increasing automation
  in emerging economies, and the rising need to
  improve combustion control, increase reliability,
  and reduce production cost in manufacturing
  sectors are some of the major factors that drive
  the growth of linear actuators in the global
  market.
• By System Type
• The market is segmented as hydraulic, electrical,
  pneumatic, mechanical, and other actuators.
• The electrical actuators dominated the market and
  is expected to retain the dominance during the
  forecast period as well.
• This growth is attributed to the extensive
  application of electrical actuators in the
  aviation industry.
• Electrical actuators play a vital role in
  controlling systems as they convert electrical
  signals to mechanical movement.

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Market Insights

• By Application Type
• The market is segmented as end-use and industrial
  application.
• The end-use application segment is projected to
  register a higher growth in the coming five
  years.
• End-use application includes wide array of
  verticals such as automotive, marine, aerospace,
  and defense.
• Growth in this industry verticals is expected to
  drive the growth of the end-use application.
• By Region
• Asia-Pacific dominated the actuators market.
• The region is estimated to drive the Internet of
  Things in the coming years.
• India and China are the growth engines of the
  region owing to increased focus towards IOT.

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Competitive Insights
Actuators Market, regional expansion, and
execution of mergers acquisitions are the key
strategies adopted by the major players to gain a
competitive edge in the market. Key Companies
Analysed

• The Emerson Electric Company
• Honeywell International Inc.
• Moog Inc.
• Rotork Plc
• Parker Hannifin Corporation
• ABB Group
• Cameron International Corporation
• Eaton Corporation Plc.

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Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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Market Segmentation

• The actuators market is segmented into the
  following categories.
• Actuators Market Size, Share Forecast, by Type
• Linear Actuators
• (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• (Product Type Analysis Screw Type Actuators,
  Belt Type Actuators, and Rod Type Actuators)
• Rotary Actuators
• (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• (Product Type Analysis Bladder Vane Actuators
  and Piston Type Actuators)
• Actuators Market Size, Share Forecast, by
  System Type
• Hydraulic Actuators (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Electrical Actuators (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Pneumatic Actuators (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Mechanical Actuators (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)

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Market Segmentation

• Actuators Market Size, Share Forecast, by
  Application Type
• End-Use Application
• (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• (Application Type Analysis Automotive,
  Aerospace, Defense, and Marine)
• Industrial Application (Regional Analysis North
  America, Europe, Asia-Pacific, and RoW)
• (Regional Analysis North America, Europe,
  Asia-Pacific, and RoW)
• (Application Type Analysis Oil Gas, Power
  Generation, Chemical, Food Beverages, Metals
  Mining, Construction, Healthcare, Pulp Paper,
  Water Treatment, and Others)
• Actuators Market Size, Share Forecast, by
  Region
• North America (Country Analysis the USA, Canada,
  and Mexico)
• Europe (Country Analysis Germany, France, the
  UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis China, Japan,
  India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis Latin
  America, the Middle East, and Others)

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