Aerospace and Defence

The actuators market is estimated to grow at a CAGR 7.48% rate during the forecast period. Factors such as need to increase productivity & reduce downtime in industrial facilities & manufacturing activities worldwide, the development of advanced & cost-effective actuators and increasing demand for industrial robots & process automation in different industrial verticals are expected to drive the market.


The linear segment is projected to grow at the highest CAGR during the forecast period. Linear actuators are used primarily in automation applications. They are used in a wide range of industries where positioning is needed. The given market is segmented into linear and rotary.


The market has been segmented into industrial automation and robotics. The robotic segment is expected be have the highest growth because industries such as automotive and electrical & electronics have shown higher adoption of robots. Other sectors such as pharmaceutical, pulp & paper, and food & beverages are expected to incline more towards the use of robots by increasing adoption of robots by small- and medium-sized enterprises.


The electrical actuation segment is estimated to hold the largest share. The growth of the electrical actuation segment can be attributed to the replacement of hydraulic and pneumatic actuators by electrical actuators due to their higher efficiency and greater levels of control. The amount of energy consumed in hydraulic and pneumatic actuators is higher than that by electrical actuators.


The Asia Pacific region projected to grow at the highest rate owing to China and Japan which are primarily investing in automation to enhance and gain a tactical edge and the development of advanced & cost-effective actuators, and increasing demand for industrial robots and industrial automation in different industrial verticals.


Key Market Players includes ABB (Switzerland), Rockwell Automation (US), Altra Industrial Motion (US), Moog (US), SMC (Japan), Curtiss Wright (US), and MISUMI (Japan), among others.


Key Questions addressed by the report

     

  • How will the drivers, challenges, and future opportunities for the actuators market affect its dynamics and the subsequent market analysis of the associated trends?
  •  

  • What are the key sustainability strategies adopted by leading players operating in the actuators market?
  •  

  • What are the new emerging technologies and use cases disrupting the industry?
  •  

  • When are the high growth niche segments expected to impact in changing the revenue mix of companies?
  •  

  • Who are the key players and innovators in the partnership ecosystem?
  •  

  • How is the competitive landscape changing in the client ecosystem and impacting their revenue share?

1.Introduction


Market Definition


Study Scope


Study Period


Stakeholders


2. Research Methodology


Secondary Research


Primary Research


Research Design


Data Validation


Limitation and Assumptions


3. Executive Overview


4. Market Overview


Drivers


Restraints     


Opportunities


Challenges


5. Actuators Market, By Application


Robotics


Vehicles and Equipment


Industrial Automation


6. Actuators Market, By Vertical


Oil & Gas


Power Generation


Pharmaceutical & Healthcare


Aerospace & Defense


Electronics & Electrical


Utilities


Agriculture


Food & Beverages


Metals, Mining, and Machinery


Chemicals, Paper, and Plastics


Automotive


Marine


Construction


Household & Entertainment


7. Actuators Market, By Actuation


Electrical


Hydraulic


Pneumatic


Others


8. Actuators Market, By Valves


Ball valves


Safety valves


Globe valves


Butterfly valves


Plug valves


Others


9. Actuators Market, By Type


Linear Actuators


Rotary actuators


10. Actuators Market, By Region


North America


        US


        Canada


Europe


        UK


        Germany


        Spain


        France


        Turkey


        Rest of Europe


Asia Pacific


        China 


        Japan


        South Korea


        India 


        Australia


        Rest of APAC


Middle East


        UAE


        Saudi Arabia


        Rest of Middle East


Rest of the World


        Latin America


        Africa


11. Company Profiles


Moog


Curtis Wright (Exlar)


IMI PLC


Tolomatic


IAI


Harmonic Drive LLC


Kollmorgen


Rockwell Automation


SMC


ABB


Altra Industrial Motion


Venture Mfg. Co.


12. Appendix


About


Abbreviations

segmentation

  • India
  • 150
  • company
Licence Option
  • Single 1500 USD
  • Multiple 3500 USD

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