Actuator Market – Trends Forecast Till 2030

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Actuator Market Trends, Size, Share, Demands,
Overview, Growth, Revenue and Forecast to 2030
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Actuator Market, by Actuation (Pneumatic
Actuators, Hydraulic Actuators, Electric
Actuators and Mechanical Actuators), Type (Linear
Rotary), Application (Industrial Automation,
Robotics, Vehicles Equipment) End User
(Automotive, Oil Gas, Aerospace Defense,
Pharmaceuticals, Power, Food Beverages,
Chemicals, Water Wastewater, and Mining
Metals) and Region (North America, Europe,
Asia-Pacific, Middle East and Africa and South
America).

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Market Overview
Actuators are devices or components that convert
an input signal into a physical action or
movement. They are commonly used to control or
manipulate systems, machinery, or mechanisms.
Actuators play a crucial role in various
applications, such as robotics, automotive
systems, aerospace, industrial machinery, and
more. Examples or actuators include motors,
solenoids, pneumatic cylinders, hydraulic
pistons, and piezoelectric devices. These devices
are essential for translating control signals
into motion, force, or displacement in mechanical
systems. The growth of the actuator market is
being driven by factors such as rising demand for
automation in various end-use industries, growing
focus on energy efficiency and advancements in
actuator technology. Moreover, the growth of the
market can also be attributed to the increasing
investments in automation by various countries.
In addition to this, contracts, agreements, and
product launches will be offering lucrative
opportunities for the growth of the market during
the forecast period. Purchase this Report
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Key Findings
The Actuator Market is segmented into various
segments such as actuation, type, application,
end user and region Based on actuation, the
market is bifurcated into pneumatic actuators,
hydraulic actuators, electric actuators and
mechanical actuators. Based on type, the market
is segmented into linear rotary. Linear
Actuator dominated the market in this segment.
This growth can be attributed to their increased
use in packaging machines, medical equipment,
production machinery, transportation and
aerospace defense industries, Based on
application, the market is segmented into
industrial automation, robotics, vehicles
equipment. The vehicles and equipment segment
dominated the market in this segment. Vehicles
and equipment include actuators used in
automotive, aircraft, ships and defense vehicles
for motion control. These actuators are widely
used for various applications in these
industries.
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Key Findings
The market is also divided into various regions
such as North America, Europe, Asia-Pacific,
South America, and Middle East and Africa. North
America is estimated to account for the largest
market share during the forecast period. Inquire
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Competitive Landscape

• ABB
• Altra Industrial Motion
• Curtis Wright Corporation
• Eaton Corporation Inc.
• Emerson Electric
• Festo AG Co. KG
• Flowserve Corporation
• IMI plc
• KSB SE Co. KGaA
• Linak A/S
• MISUMI
• Mitsubishi Electric Corporation

• Moog
• Parker Hannifin
• Rockwell Automation
• Rotork plc
• Schneider Electric SE
• SMC Corporation
• TAMAGAWA SEIKI Co. Ltd.
• Venture MFG Co.

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Recent Developments
In August 2023, Automation Technology, Inc., a
leading provider of customised and comprehensive
valve automation solutions, launched Zero
Emission Electro-Hydraulic actuator solution to
eliminate the carbon footprint of pipeline
operations.  In August 2023, Rollon, a global
manufacturer of linear motion and gantry systems,
introduced its TLS Series telescoping linear
actuators for space-constrained applications. The
new series is designed to maximize productivity
for applications where space is limited
especially for applications with minimal vertical
clearance, such as between the machine and
ceiling, or horizontally between machines.
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Contact Information
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