Actuators Market Key Players Analysis, Size, Growth, Trends and Forecast up to 2027

Actuators Market Insights:

This study of the market provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the industry. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.

The report offers detailed profile and data information analysis of the leading companies in the Actuators Market:

Moog
Curtiss Wright
Rockwell Automation
SMC
IMI PLC
ABB
Tolomatic
Altra Industrial Motion
IAI
Venture Mfg. Co.
SKF
Kollmorgen
Nook Industries Inc.
Harmonic Drive LLC
Misumi Group Inc.

The key drivers of the Actuators Market are as follows:

The major factors responsible for the growth of the global actuators market include growing industrialization and increasing investments in automation for processes in various industry verticals. The growth in the need for greater control on the flexibility, improved positioning performance, and enhanced energy efficiency, is further increasing the demand for actuators across the world. Moreover, growing technological advancements in actuators, rising demand for robots, along with increasing population and rising investments for the development of new infrastructure are some other factors driving the demand for actuators in the market in the upcoming years.

Actuators are used across various sectors including, oil & gas, aerospace & defense, marine & mining, and automotive. Oil & gas contains a wide range of applications due to the strong demand from gas storage, liquefied natural gas (LNG), and gas and liquid pipelines. Furthermore, industries are concentrating on automating their operations for smooth functioning, and improved productivity with efficiency will propel market growth. Rapid urbanization and the manufacturing of cost-effective actuators are leading to an upsurge in demand for actuators in the market. On the other hand, high maintenance costs and a competitive pricing landscape are hampering the growth of the global actuators market.

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The study objectives of this report are:

To study and forecast the size of the market.
To analyze the key players, SWOT analysis, value, and market share for the leading players.
To define, describe, and forecast the market by different segments.
To analyze the market potential and advantage, opportunity and challenge, restraints and risks.

Segmentation of the Actuators Market:

Breakup by Actuation:

Pneumatic
Hydraulic
Electrical
Others

Breakup by Type:

Rotary Actuators
Linear Actuators

Breakup by Application:

Robotics
Industrial Automation
Vehicles & Equipment

Breakup by Valves:

Globe Valves
Ball Valves
Butterfly Valves
Safety Valves
Plug Valves
Other

Breakup by Vertical:

Oil & Gas
Power Generation
Food & Beverages
Metal, Mining & Machinery
Chemicals, Paper & Plastics
Automotive
Pharmaceutical & Healthcare
Aerospace & Defense
Construction
Agriculture
Others

Breakup by Region:

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

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