Actuators Market by Actuation (Electric, Hydraulic, Pneumatic), Application (Industrial Automation, Robotics, Vehicle Equipment), Type (Linear Actuator, Rotary Actuator), Vertical (FnB, Oil & Gas, Mining) and Region - Global Forecast to 2029
The Actuators market is projected to grow from USD 67.7 Billion in 2024 to USD 94.8 Billion by 2029, at a CAGR of 7.0 % during the forecast period. Technological advancements and increasing demand for actuation across several industries, adoption of increasingly autonomous equipment, and the rise of new application areas for actuators are some of the factors driving the growth of the market.
“Pneumatic Actuators segment is projected to grow at a second-highest CAGR, by Industry during the forecast period.”
Pneumatic actuators use air pressure to produce motion. These actuators primarily consist of a piston sealed within a cylinder and valves to control the flow of compressed air into the cylinder. Pneumatic cylinders can be single or double-acting actuators. Single-acting pneumatic actuators use compressed air to create motion in one direction. A spring serves to return the piston to its original position. These are the most commonly used automation actuators in F&B and oil & gas, among other industries. Pneumatic actuators generate high force with relatively small pressure changes. This force is used to move diaphragms to enable the flow of liquid through valves. Pneumatic actuators are used in cranes and hoists, palletizers and de-palletizers, conveyors, automated storage systems, and retrieval systems.
“Industrial Robots segment is projected to grow at highest CAGR by Robotics Application.”
This segment covers actuators used in industrial robots that are employed in different industrial verticals to carry out different processes. The industrial robots segment of the actuators market has been further classified into articulated robots, Cartesian robots, Selective Compliance Assembly Robot Arm (SCARA) robots, parallel robots, collaborative robots, and others (cylindrical and spherical/polar robots).
“Automotive vertical accounts for the largest market share in 2024.”
Actuators form an integral part of automotive control systems and help in optimizing vehicle performance by improving their reliability and durability. Actuators are part of open-loop or closed-loop control systems, which connect electronic units with process systems of automobiles. They consist of transformers and final control elements. Each positioning signal received by actuators is converted into mechanical output in automobiles. A wide variety of actuators such as solenoids, DC motors, stepper motors, and piezoelectric actuators are used in control systems of automobiles. Pneumatic actuators are used for various applications in automobiles such as in the systems of tailgate lifting. Hydraulic actuators are used in high force requirement applications such as valves of variable suspension systems. Actuators are not only used in major functional systems of an automobile but also in the bodywork and the interior of an automobile.
The break-up of the profile of primary participants in the ACTUATORS market:
Research Coverage:
This research report categorizes the Actuators Market by Vertical (Automotive, Aerospace & Defense, Automotive, Agriculture, Oil & Gas, metals, Mining & materials, Food & beverages, Power Generation, Construction, Electronics & Electrical, Pharmaceutical & Healthcare, Utilities, Chemical, Paper, & Plastics, , Household & Entertainment), Actuation (Electric, Hydraulic, Pneumatic, others), Application (Industrial Automation, Robotics, Vehicle Equipment), Type (Linear Actuator, Rotary Actuator) and region (North America, Europe, Asia Pacific, Middle East, and Rest of the World). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Actuators market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, services; key strategies; Contracts, partnerships, and agreements. New product & service launches, mergers and acquisitions, and recent developments associated with the Actuators market. Competitive analysis of upcoming startups in the Actuators market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Actuators market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
“Pneumatic Actuators segment is projected to grow at a second-highest CAGR, by Industry during the forecast period.”
Pneumatic actuators use air pressure to produce motion. These actuators primarily consist of a piston sealed within a cylinder and valves to control the flow of compressed air into the cylinder. Pneumatic cylinders can be single or double-acting actuators. Single-acting pneumatic actuators use compressed air to create motion in one direction. A spring serves to return the piston to its original position. These are the most commonly used automation actuators in F&B and oil & gas, among other industries. Pneumatic actuators generate high force with relatively small pressure changes. This force is used to move diaphragms to enable the flow of liquid through valves. Pneumatic actuators are used in cranes and hoists, palletizers and de-palletizers, conveyors, automated storage systems, and retrieval systems.
“Industrial Robots segment is projected to grow at highest CAGR by Robotics Application.”
This segment covers actuators used in industrial robots that are employed in different industrial verticals to carry out different processes. The industrial robots segment of the actuators market has been further classified into articulated robots, Cartesian robots, Selective Compliance Assembly Robot Arm (SCARA) robots, parallel robots, collaborative robots, and others (cylindrical and spherical/polar robots).
“Automotive vertical accounts for the largest market share in 2024.”
Actuators form an integral part of automotive control systems and help in optimizing vehicle performance by improving their reliability and durability. Actuators are part of open-loop or closed-loop control systems, which connect electronic units with process systems of automobiles. They consist of transformers and final control elements. Each positioning signal received by actuators is converted into mechanical output in automobiles. A wide variety of actuators such as solenoids, DC motors, stepper motors, and piezoelectric actuators are used in control systems of automobiles. Pneumatic actuators are used for various applications in automobiles such as in the systems of tailgate lifting. Hydraulic actuators are used in high force requirement applications such as valves of variable suspension systems. Actuators are not only used in major functional systems of an automobile but also in the bodywork and the interior of an automobile.
The break-up of the profile of primary participants in the ACTUATORS market:
- By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
- By Designation: C Level – 35%, Managers – 25%, Others-40%
- By Region: North America –40%, Asia Pacific – 30%, Europe – 20%, Middle East & Africa – 5%, Latin America – 5%
Research Coverage:
This research report categorizes the Actuators Market by Vertical (Automotive, Aerospace & Defense, Automotive, Agriculture, Oil & Gas, metals, Mining & materials, Food & beverages, Power Generation, Construction, Electronics & Electrical, Pharmaceutical & Healthcare, Utilities, Chemical, Paper, & Plastics, , Household & Entertainment), Actuation (Electric, Hydraulic, Pneumatic, others), Application (Industrial Automation, Robotics, Vehicle Equipment), Type (Linear Actuator, Rotary Actuator) and region (North America, Europe, Asia Pacific, Middle East, and Rest of the World). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Actuators market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, services; key strategies; Contracts, partnerships, and agreements. New product & service launches, mergers and acquisitions, and recent developments associated with the Actuators market. Competitive analysis of upcoming startups in the Actuators market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Actuators market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers restraints opportunities and challenges
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Actuators market
- Market Development: Comprehensive information about lucrative markets – the report analyses the Actuators market across varied regions
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Actuators market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in the Actuators market
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 ACTUATORS MARKET SEGMENTATION
FIGURE 1 MARKETS COVERED
1.2.2 REGIONAL SCOPE
1.2.3 YEARS CONSIDERED
1.3 INCLUSIONS AND EXCLUSIONS
1.4 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.8.1 RECESSION IMPACT ANALYSIS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 RESEARCH INDUSTRY FLOW
FIGURE 3 ACTUATORS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary sources
2.1.2.2 Key data from primary sources
2.1.2.3 Key primary insights
2.1.2.4 Breakdown of primary interviews
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS BY COMPANY TYPE, DESIGNATION, AND REGION
2.2 FACTOR ANALYSIS
2.2.1 INTRODUCTION
2.2.2 DEMAND-SIDE INDICATORS
2.2.3 SUPPLY-SIDE ANALYSIS
2.2.4 RECESSION IMPACT
2.3 MARKET SCOPE
2.3.1 SEGMENTS AND SUBSEGMENTS
2.4 MARKET SIZE ESTIMATION
2.4.1 BOTTOM-UP APPROACH
2.4.1.1 Regional actuators market
2.4.1.2 General approach for actuators market
2.4.1.3 Actuators market, by actuation
2.4.1.4 Actuators market, by type
2.4.1.5 Actuators market, by application
2.4.1.6 Actuators market, by vertical
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.5 DATA TRIANGULATION AND VALIDATION
2.5.1 DATA TRIANGULATION THROUGH SECONDARY RESEARCH
2.5.2 DATA TRIANGULATION THROUGH PRIMARY INTERVIEWS
FIGURE 7 DATA TRIANGULATION
2.6 RESEARCH ASSUMPTIONS
2.6.1 MARKET SIZING
2.6.2 MARKET GROWTH FORECASTING
FIGURE 8 RESEARCH ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
2.8 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 9 ELECTRONICS & ELECTRICAL SEGMENT TO GROW AT HIGHEST CAGR
FIGURE 10 LINEAR ACTUATORS TYPE TO GROW AT HIGHER CAGR FROM 2024 TO 2029
FIGURE 11 ELECTRIC ACTUATION SEGMENT TO LEAD ACTUATORS MARKET DURING FORECAST PERIOD
FIGURE 12 ROBOTICS APPLICATION SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC TO LEAD ACTUATORS MARKET IN 2024
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ACTUATORS MARKET
FIGURE 14 INCREASED GLOBAL DEMAND FOR ELECTRIC ACTUATORS TO DRIVE MARKET
4.2 ACTUATORS MARKET, BY ACTUATION
FIGURE 15 ELECTRIC ACTUATION SEGMENT TO WITNESS HIGHEST CAGR FROM 2024 TO 2029
4.3 ACTUATORS MARKET, BY TYPE
FIGURE 16 LINEAR ACTUATOR SEGMENT TO LEAD MARKET FROM 2024 TO 2029
4.4 ACTUATORS MARKET, BY APPLICATION
FIGURE 17 VEHICLE EQUIPMENT APPLICATION SEGMENT TO LEAD MARKET FROM 2024 TO 2029
4.5 ACTUATORS MARKET, BY VERTICAL
FIGURE 18 AUTOMOTIVE VERTICAL SEGMENT TO LEAD ACTUATORS MARKET FROM 2024 TO 2029
4.6 ACTUATORS MARKET, BY COUNTRY
FIGURE 19 UK TO WITNESS HIGHEST MARKET GROWTH FROM 2024 TO 2029
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 MARKET DYNAMICS: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Rising demand from automotive industry
5.2.1.2 Rapid industrialization and utilization of robotics
FIGURE 21 GROWTH EXPECTATION IN ROBOTICS AND AUTOMATION ACROSS INDUSTRIES
5.2.1.3 Rising demand from healthcare
5.2.1.4 Revival of space travel
5.2.2 RESTRAINTS
5.2.2.1 Low oil prices and economic slowdown
5.2.3 OPPORTUNITIES
5.2.3.1 Wide range of applications for linear actuators
5.2.3.2 Growth of luxury, electric, and driverless cars
5.2.3.3 Increased spending on renewable sources of energy for power generation
5.2.4 CHALLENGES
5.2.4.1 Issues of leakage in pneumatic and hydraulic actuators
5.3 OPERATIONAL DATA
TABLE 2 NEW COMMERCIAL AUTOMOTIVE VEHICLE DELIVERIES, BY TYPE, 2018–2022 (MILLION UNITS)
TABLE 3 NEW AIRCRAFT DELIVERIES, BY TYPE, 2019–2022 (UNITS)
TABLE 4 NEW SHIP DELIVERIES, BY TYPE, 2019–2022 (UNITS)
5.4 IMPACT OF RECESSION
5.5 ECOSYSTEM ANALYSIS
5.5.1 PROMINENT COMPANIES
5.5.2 PRIVATE AND SMALL ENTERPRISES
5.5.3 APPLICATIONS
FIGURE 22 ECOSYSTEM ANALYSIS/MAP: ACTUATORS MARKET
TABLE 5 ROLE OF COMPANIES IN ECOSYSTEM
5.6 VALUE CHAIN ANALYSIS
FIGURE 23 VALUE CHAIN ANALYSIS
5.7 PRICING ANALYSIS
5.7.1 AVERAGE SELLING PRICE OF ACTUATOR, BY COMPONENT
TABLE 6 AVERAGE SELLING PRICE OF ACTUATORS AND THEIR COMPONENTS (2023)
5.7.2 AVERAGE SELLING PRICE OF ACTUATOR, BY TYPE
TABLE 7 AVERAGE SELLING PRICE OF AUTOMOTIVE ACTUATORS, BY TYPE (USD) (2023)
TABLE 8 AVERAGE SELLING PRICE OF AIRCRAFT ACTUATORS, BY TYPE (USD) (2023)
TABLE 9 AVERAGE SELLING PRICE OF MARINE ACTUATORS, BY TYPE (USD) (2023)
TABLE 10 AVERAGE SELLING PRICE OF INDUSTRIAL ACTUATORS, BY TYPE (USD) (2023)
5.7.3 AVERAGE SELLING PRICE TREND OF ACTUATORS, BY REGION
FIGURE 24 AVERAGE SELLING PRICE TREND OF ACTUATORS, BY REGION
5.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 25 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.9 TECHNOLOGY ROADMAP
FIGURE 26 TECHNOLOGY ROADMAP OF ACTUATORS MARKET, 2000–2030
5.10 TECHNOLOGY ANALYSIS
5.10.1 KEY TECHNOLOGY
5.10.1.1 SMART ACTUATORS FOR INDUSTRY 4.0
5.10.2 SUPPORTING TECHNOLOGY
5.10.2.1 ARTIFICIAL MUSCLES
5.11 USE CASE ANALYSIS: ACTUATORS
5.11.1 LIFT ASSIST TECHNOLOGY TO ELIMINATE WORKPLACE-RELATED INJURIES
5.11.2 USE OF ACTUATORS IN HOME DЙCOR APPLICATIONS
5.12 TRADE ANALYSIS
5.12.1 TRADE DATA
TABLE 11 IMPORT DATA (HS CODE: 841229), BY COUNTRY, 2018–2022 (USD THOUSAND)
FIGURE 27 IMPORT DATA (HS CODE: 841229), BY COUNTRY, 2018–2022 (USD THOUSAND)
TABLE 12 EXPORT DATA (HS CODE: 841229), BY COUNTRY, 2018–2022 (USD THOUSAND)
FIGURE 28 EXPORT DATA (HS CODE: 841229), BY COUNTRY, 2018–2022 (USD THOUSAND)
5.13 TARIFF AND REGULATORY LANDSCAPE
TABLE 13 LIST OF INTERNATIONAL SOCIETY OF AUTOMATION STANDARDS FOR ACTUATORS
TABLE 14 NORTH AMERICA: TARIFFS
TABLE 15 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14 KEY CONFERENCES AND EVENTS, 2024
TABLE 18 KEY CONFERENCES AND EVENTS, 2024
5.15 INVESTMENT AND FUNDING SCENARIO
TABLE 19 VENTURE CAPITAL AND DEALS, 2019?2022
FIGURE 29 VENTURE CAPITAL AND DEALS, 2019?2022
5.16 KEY STAKEHOLDERS AND BUYING CRITERIA
5.16.1 STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ACTUATORS, BY END USER
TABLE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ACTUATORS, BY TOP VERTICALS (%)
5.16.2 BUYING CRITERIA
FIGURE 31 KEY BUYING CRITERIA FOR ACTUATORS, BY APPLICATION
TABLE 21 KEY BUYING CRITERIA FOR ACTUATORS, BY APPLICATION
5.17 BILL OF MATERIALS FOR ACTUATORS
FIGURE 32 BILL OF MATERIALS FOR ACTUATORS
5.18 TOTAL COST OF OWNERSHIP FOR INDUSTRIAL ACTUATORS
FIGURE 33 TOTAL COST OF OWNERSHIP FOR INDUSTRIAL ACTUATORS
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 SUPPLY CHAIN ANALYSIS
FIGURE 34 SUPPLY CHAIN ANALYSIS
6.2.1 MAJOR COMPANIES
6.2.2 SMALL AND MEDIUM-SIZED ENTERPRISES
6.2.3 END USERS/CUSTOMERS
6.3 TECHNOLOGY TRENDS
6.3.1 SMART ACTUATORS
6.3.2 HYBRID ACTUATORS
6.3.3 MEMS-ELECTROTHERMAL ACTUATORS
6.3.4 AMPLIFIED PIEZOELECTRIC ACTUATORS
6.4 IMPACT OF MEGATRENDS
6.4.1 ACTUATORS IN UNMANNED SYSTEMS, AIRCRAFT, AND SPACECRAFT
6.4.2 AUTOMATIC DOOR ACTUATORS
6.5 PATENT ANALYSIS
FIGURE 35 PATENT ANALYSIS
7 CUSTOMER ANALYSIS
7.1 OBJECTIVES
7.2 INTRODUCTION
7.2.1 FOURTH INDUSTRIAL REVOLUTION (INDUSTRY 4.0)
7.2.2 CONSUMER BUYING PROCESS
7.2.3 PROMINENT COMPANIES
7.2.4 SMALL AND MEDIUM-SIZED ENTERPRISES
7.3 CUSTOMER ACTUATOR SELECTION CRITERIA
7.4 TESTING
7.4.1 SELECTION CRITERIA
7.4.2 PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN TESTING INDUSTRY
7.4.3 MAJOR BUYERS OF ACTUATOR/ACTUATION SYSTEM IN TESTING INDUSTRY
7.4.4 MAJOR ACTUATOR SUPPLIERS FOR TESTING INDUSTRY
7.5 FOOD & BEVERAGE INDUSTRY
7.5.1 SELECTION CRITERIA
7.5.2 MAJOR PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN FOOD & BEVERAGES INDUSTRY
7.5.3 APPLICATION AREAS OF ACTUATORS IN FOOD & BEVERAGES INDUSTRY
7.5.4 FACTORS EXPECTED TO AFFECT DEMAND FOR ACTUATORS IN NEXT THREE TO FIVE YEARS
7.5.5 MAJOR BUYERS OF ACTUATOR/ACTUATION SYSTEM IN FOOD & BEVERAGE INDUSTRY
7.5.6 MAJOR ACTUATOR SUPPLIERS FOR FOOD & BEVERAGE INDUSTRY
7.6 CHEMICALS INDUSTRY
7.6.1 SELECTION CRITERIA
7.6.2 APPLICATION AREAS OF ACTUATORS IN CHEMICAL INDUSTRY
7.6.3 PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN CHEMICAL INDUSTRY
7.6.4 FACTORS EXPECTED TO AFFECT DEMAND FOR ACTUATORS IN NEXT THREE TO FIVE YEARS
7.6.5 MAJOR BUYERS OF ACTUATOR/ACTUATION SYSTEM IN CHEMICAL INDUSTRY
7.6.6 MAJOR ACTUATOR SUPPLIERS IN THIS INDUSTRY
7.7 METALS & MINING INDUSTRY
7.7.1 SELECTION CRITERIA
7.7.2 APPLICATION AREAS OF ACTUATORS IN METALS & MINING INDUSTRY
7.7.3 FACTORS EXPECTED TO AFFECT DEMAND FOR ACTUATORS IN NEXT THREE TO FIVE YEARS
7.7.4 MAJOR ACTUATOR/ACTUATION SYSTEM BUYERS IN METALS & MINING INDUSTRY
7.7.5 MAJOR ACTUATOR SUPPLIERS FOR METALS & MINING INDUSTRY
7.8 MANUFACTURING & CONSTRUCTION INDUSTRY
7.8.1 SELECTION CRITERIA
7.8.2 MAJOR PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN MANUFACTURING & CONSTRUCTION INDUSTRY
7.8.3 APPLICATION AREAS OF ACTUATORS IN MANUFACTURING & CONSTRUCTION INDUSTRY
7.8.4 FACTORS EXPECTED TO AFFECT DEMAND FOR ACTUATORS IN THREE TO FIVE YEARS
7.8.5 MAJOR ACTUATOR/ACTUATION SYSTEM BUYERS IN MANUFACTURING & CONSTRUCTION INDUSTRY
7.8.6 MAJOR ACTUATOR SUPPLIERS FOR MANUFACTURING & CONSTRUCTION INDUSTRY
7.9 PHARMACEUTICALS & HEALTHCARE INDUSTRY
7.9.1 SELECTION CRITERIA
7.9.2 ACTUATOR/ACTUATION SYSTEM ISSUES FACED BY CUSTOMERS IN PHARMACEUTICALS & HEALTHCARE INDUSTRY
7.9.3 APPLICATION AREAS OF ACTUATORS IN PHARMACEUTICALS INDUSTRY
7.9.4 FACTORS EXPECTED TO AFFECT DEMAND FOR ACTUATORS IN NEXT THREE TO FIVE YEARS
7.9.5 MAJOR ACTUATOR/SYSTEM BUYERS IN PHARMACEUTICALS INDUSTRY
7.9.6 MAJOR ACTUATOR SUPPLIERS FOR PHARMACEUTICALS INDUSTRY
7.10 PULP & PAPER INDUSTRY
7.10.1 SELECTION CRITERIA
7.10.2 MAJOR PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN PULP & PAPER INDUSTRY
7.10.3 DIFFERENT APPLICATION AREAS OF ACTUATORS IN PULP & PAPER INDUSTRY
7.10.4 FACTORS EXPECTED TO AFFECT DEMAND FOR ACTUATORS IN NEXT THREE TO FIVE YEARS
7.10.5 MAJOR ACTUATOR/ACTUATION SYSTEM BUYERS IN PULP & PAPER INDUSTRY
7.10.6 MAJOR ACTUATOR SUPPLIERS FOR PULP & PAPER INDUSTRY
7.11 WATER TREATMENT
7.11.1 SELECTION CRITERIA
7.11.2 MAJOR PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN WATER TREATMENT INDUSTRY
7.11.3 APPLICATIONS OF ACTUATORS IN WATER TREATMENT INDUSTRY
7.11.4 FACTORS AFFECTING DEMAND FOR ACTUATORS IN WATER TREATMENT INDUSTRY IN NEXT THREE TO FIVE YEARS
7.11.5 MAJOR BUYERS OF ACTUATORS/ACTUATION SYSTEMS IN WATER TREATMENT INDUSTRY
7.11.6 MAJOR ACTUATOR SUPPLIERS FOR WATER TREATMENT INDUSTRY
7.12 OIL & GAS
7.12.1 SELECTION CRITERIA
7.12.2 APPLICATION AREAS FOR ACTUATORS IN OIL & GAS INDUSTRY
7.12.3 MAJOR PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN OIL & GAS INDUSTRY
7.12.4 FACTORS AFFECTING DEMAND FOR ACTUATORS IN OIL & GAS INDUSTRY IN NEXT THREE TO FIVE YEARS
7.12.5 MAJOR CERTIFICATIONS REQUIRED FOR ACTUATORS FOR OIL & GAS INDUSTRY
7.12.6 MAJOR BUYERS OF ACTUATORS/ACTUATION SYSTEMS IN OIL & GAS INDUSTRY
7.12.7 MAJOR ACTUATOR SUPPLIERS FOR OIL & GAS INDUSTRY
7.13 AEROSPACE INDUSTRY
7.13.1 SELECTION CRITERIA
7.13.2 MAJOR PROBLEMS RELATED TO ACTUATOR/ACTUATION SYSTEMS FACED BY CUSTOMERS IN AEROSPACE INDUSTRY
7.13.3 APPLICATION AREAS OF ACTUATORS IN AEROSPACE INDUSTRY
7.13.4 DIFFERENT APPLICATION AREAS OF ACTUATORS IN FLIGHT CONTROLS
7.13.5 APPLICATION AREAS OF LINEAR ACTUATORS IN FLIGHT CONTROLS
7.13.6 CHANGING ACTUATOR REQUIREMENTS IN FUTURE
7.13.7 MAJOR BUYERS OF ACTUATORS/ACTUATION SYSTEMS IN AEROSPACE INDUSTRY
7.13.8 MAJOR ACTUATOR SUPPLIERS IN AEROSPACE INDUSTRY
7.14 DEFENSE INDUSTRY
7.14.1 SELECTION CRITERIA
7.14.2 ADVANTAGES OF ACTUATORS IN DEFENSE
7.14.3 PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN DEFENSE INDUSTRY
7.14.4 MAJOR BUYERS OF ACTUATORS/ACTUATION SYSTEMS IN DEFENSE INDUSTRY
7.14.5 MAJOR ACTUATOR SUPPLIERS IN DEFENSE INDUSTRY
7.15 POWER GENERATION INDUSTRY
7.15.1 SELECTION CRITERIA
7.15.2 APPLICATIONS FOR WHICH ACTUATORS ARE USED
7.15.3 APPLICATION AREAS FOR ACTUATORS IN POWER GENERATION INDUSTRY
7.15.4 FACTORS AFFECTING DEMAND FOR ACTUATORS IN POWER GENERATION INDUSTRY IN NEXT THREE TO FIVE YEARS
7.15.5 CUSTOMER EXPECTATIONS FOR ACTUATORS AND RELATED SYSTEMS SUPPLIERS REGARDING MAINTENANCE AND SUPPORT
7.15.6 MAJOR BUYERS OF ACTUATORS/ACTUATION SYSTEMS IN POWER GENERATION INDUSTRY
7.15.7 MAJOR ACTUATOR SUPPLIERS IN POWER GENERATION INDUSTRY
7.16 AUTOMOTIVE INDUSTRY
7.16.1 SELECTION CRITERIA
7.16.2 APPLICATION AREAS OF ACTUATORS IN AUTOMOTIVE INDUSTRY
7.16.3 PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN AUTOMOTIVE INDUSTRY
7.16.4 FACTORS AFFECTING DEMAND FOR ACTUATORS IN AUTOMOTIVE INDUSTRY IN NEXT THREE TO FIVE YEARS
7.16.5 MAJOR BUYERS OF ACTUATORS/ACTUATION SYSTEMS IN AUTOMOTIVE INDUSTRY
7.16.6 MAJOR ACTUATOR SUPPLIERS IN AUTOMOTIVE INDUSTRY
8 ACTUATORS MARKET, BY ACTUATION
8.1 INTRODUCTION
FIGURE 36 ELECTRIC SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
TABLE 22 ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 23 ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
8.2 ELECTRIC
8.2.1 INCREASED USE OF ELECTRICAL ACTUATORS IN DIFFERENT INDUSTRIES TO DRIVE DEMAND
8.3 HYDRAULIC
8.3.1 DEMAND IN HIGH-FORCE APPLICATIONS TO DRIVE MARKET
8.4 PNEUMATIC
8.4.1 USE IN FOOD & BEVERAGES AND OIL & GAS INDUSTRIES TO DRIVE DEMAND
8.5 OTHERS
8.5.1 RECENT DEVELOPMENTS IN THERMAL, PIEZOELECTRIC, AND HYBRID ACTUATORS TO DRIVE DEMAND
9 ACTUATORS MARKET, BY APPLICATION
9.1 INTRODUCTION
FIGURE 37 VEHICLE EQUIPMENT APPLICATION TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
TABLE 24 ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 25 ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
9.2 INDUSTRIAL AUTOMATION
9.2.1 ENHANCING QUALITY AND INCREASING FLEXIBILITY OF MANUFACTURING PROCESS TO DRIVE MARKET
9.3 ROBOTICS
9.3.1 INCREASING ADOPTION OF ROBOTICS ACROSS AUTOMOTIVE AND ELECTRONICS & ELECTRICAL INDUSTRIES TO DRIVE GROWTH
FIGURE 38 INDUSTRIAL ROBOTS SEGMENT TO LEAD ACTUATORS MARKET IN ROBOTICS
TABLE 26 ACTUATORS MARKET IN ROBOTICS, BY ROBOT TYPE, 2020–2023 (USD MILLION)
TABLE 27 ACTUATORS MARKET IN ROBOTICS, BY ROBOT TYPE, 2024–2029 (USD MILLION)
9.3.2 INDUSTRIAL ROBOTS
9.3.3 SERVICE ROBOTS
9.4 VEHICLE EQUIPMENT
9.4.1 INCREASING AUTONOMY LEVELS AND REQUIREMENTS FOR AUTOMATED VALE CONTROLS AND SUSPENSION MECHANISMS TO DRIVE MARKET
10 ACTUATORS MARKET, BY TYPE
10.1 INTRODUCTION
FIGURE 39 ACTUATORS MARKET, BY TYPE, 2024 VS. 2029 (USD BILLION)
TABLE 28 ACTUATORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 29 ACTUATORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
10.2 LINEAR ACTUATORS
10.2.1 ROD TYPE
10.2.1.1 Increasing use of rod-less type linear actuators in aircraft structures to drive demand
10.2.2 SCREW TYPE
10.2.2.1 Growing use of servomotors in drive and control hardware to fuel demand
10.2.3 BELT TYPE
10.2.3.1 Rising use to increase operational efficiency of process automation to drive demand
10.3 ROTARY ACTUATORS
10.3.1 MOTORS
10.3.1.1 Surging sales of industrial robots to drive demand
10.3.2 BLADDER & VANE
10.3.2.1 Increasing use in gates and valves in process industry to drive demand
10.3.3 PISTON TYPE
10.3.3.1 Growing use for precision control applications in electronics industry to drive demand
11 ACTUATORS MARKET, BY VERTICAL
11.1 INTRODUCTION
FIGURE 40 ACTUATORS MARKET, BY VERTICAL, 2024 VS. 2029 (USD BILLION)
TABLE 30 ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 31 ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
11.2 FOOD & BEVERAGES
11.2.1 REQUIREMENT FOR INCREASED AUTOMATION AND CAPACITY ENHANCEMENT TO DRIVE SEGMENT
11.3 OIL & GAS
11.3.1 INCREASE IN OIL & GAS EXPLORATION ACTIVITIES IN ASIA PACIFIC TO DRIVE SEGMENT
11.4 METALS, MINING & MACHINERY
11.4.1 REQUIREMENT FOR ROBUST ACTUATORS IN MINING INDUSTRY TO DRIVE SEGMENT
11.5 POWER GENERATION
11.5.1 INCREASED SPENDING ON RENEWABLE SOURCES TO DRIVE SEGMENT
11.6 CHEMICALS, PAPER & PLASTICS
11.6.1 RAPID INDUSTRIALIZATION AND STRINGENT IMPLEMENTATION OF ENVIRONMENTAL REGULATIONS TO DRIVE SEGMENT
11.7 PHARMACEUTICALS & HEALTHCARE
11.7.1 STRINGENT REGULATIONS FOR HYGIENE AND INCREASED DEMAND FOR SURGICAL ROBOTS TO DRIVE SEGMENT
11.8 AUTOMOTIVE
11.8.1 INCREASED DEMAND FOR INDUSTRIAL ROBOTS TO DRIVE SEGMENT
TABLE 32 AUTOMOTIVE ACTUATORS VOLUME, BY VEHICLE TYPE, 2020–2029 (MILLION UNITS)
11.9 AEROSPACE & DEFENSE
11.9.1 RISE IN DEFENSE EXPENDITURE, COMMERCIAL AVIATION, AND MILITARY MODERNIZATION PROGRAMS TO DRIVE SEGMENT
TABLE 33 AIRCRAFT ACTUATORS VOLUME, BY AIRCRAFT TYPE, 2020–2029 (THOUSAND UNITS)
11.10 MARINE
11.10.1 INCREASED USE IN COMMERCIAL SHIPBUILDING TO DRIVE SEGMENT
TABLE 34 MARINE ACTUATORS VOLUME, BY VESSEL TYPE, 2020–2029 (THOUSAND UNITS)
11.11 ELECTRONICS & ELECTRICAL
11.11.1 GROWING DEMAND FOR BATTERIES, CHIPS, AND DISPLAYS TO DRIVE SEGMENT
11.12 CONSTRUCTION
11.12.1 INCREASED DEMAND FOR ELECTRICAL LINEAR ACTUATORS IN LIFTING AND MATERIAL HANDLING APPLICATIONS TO DRIVE SEGMENT
11.13 UTILITIES
11.13.1 INCREASED DEMAND FOR LOGISTICS, AGRICULTURE, AND FIELD ROBOTS TO DRIVE SEGMENT
11.14 HOUSEHOLD & ENTERTAINMENT
11.14.1 INCREASED DEMAND FOR SERVICE ROBOTS IN DOMESTIC APPLICATIONS TO BOOST DEMAND
11.15 AGRICULTURE
11.15.1 GROWING ADOPTION OF MECHANIZATION AND INCREASING GOVERNMENT SUPPORT TO DRIVE SEGMENT
12 REGIONAL ANALYSIS
12.1 INTRODUCTION
FIGURE 41 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF ACTUATORS MARKET IN 2024
TABLE 35 ACTUATORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 36 ACTUATORS MARKET, BY REGION, 2024–2029 (USD MILLION)
12.2 REGIONAL RECESSION IMPACT ANALYSIS
12.3 NORTH AMERICA
12.3.1 PESTLE ANALYSIS: NORTH AMERICA
12.3.2 NORTH AMERICA: RECESSION IMPACT ANALYSIS
FIGURE 42 NORTH AMERICA: ACTUATORS MARKET SNAPSHOT
TABLE 37 NORTH AMERICA: ACTUATORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 38 NORTH AMERICA: ACTUATORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 39 NORTH AMERICA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 40 NORTH AMERICA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 41 NORTH AMERICA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 42 NORTH AMERICA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 43 NORTH AMERICA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 44 NORTH AMERICA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 45 NORTH AMERICA ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 46 NORTH AMERICA: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 47 NORTH AMERICA: ACTUATORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 48 NORTH AMERICA: ACTUATORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
12.3.3 US
12.3.3.1 Increase adoption of Industry 4.0 to drive market
TABLE 49 US: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 50 US: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 51 US: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 52 US: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 53 US: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 54 US: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.3.4 CANADA
12.3.4.1 Rising demand for linear actuators to drive market
TABLE 55 CANADA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 56 CANADA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 57 CANADA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 58 CANADA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 59 CANADA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 60 CANADA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.4 EUROPE
12.4.1 PESTLE ANALYSIS: EUROPE
12.4.2 EUROPE: RECESSION IMPACT ANALYSIS
FIGURE 43 EUROPE: ACTUATORS MARKET SNAPSHOT
TABLE 61 EUROPE: ACTUATORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 62 EUROPE: ACTUATORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 63 EUROPE: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 64 EUROPE: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 65 EUROPE: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 66 EUROPE: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 67 EUROPE: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 68 EUROPE: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 69 EUROPE: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 70 EUROPE: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 71 EUROPE: ACTUATORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 72 EUROPE: ACTUATORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
12.4.3 GERMANY
12.4.3.1 Thriving automotive and manufacturing industries to drive market
TABLE 73 GERMANY: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 74 GERMANY: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 75 GERMANY: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 76 GERMANY: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 77 GERMANY: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 78 GERMANY: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.4.4 UK
12.4.4.1 Increasing demand from oil & gas industry to drive market
TABLE 79 UK: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 80 UK: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 81 UK: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 82 UK: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 83 UK: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 84 UK: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.4.5 FRANCE
12.4.5.1 Presence of major aerospace & defense manufacturers to drive market
TABLE 85 FRANCE: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 86 FRANCE: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 87 FRANCE: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 88 FRANCE: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 89 FRANCE: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 90 FRANCE: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.4.6 ITALY
12.4.6.1 Presence of major automobile and food & beverages manufacturers to drive market
TABLE 91 ITALY: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 92 ITALY: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 93 ITALY: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 94 ITALY: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 95 ITALY: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 96 ITALY: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.4.7 RUSSIA
12.4.7.1 Diverse industrial landscape to boost demand
TABLE 97 RUSSIA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 98 RUSSIA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 99 RUSSIA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 100 RUSSIA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 101 RUSSIA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 102 RUSSIA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.4.8 REST OF EUROPE
TABLE 103 REST OF EUROPE: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 104 REST OF EUROPE: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 105 REST OF EUROPE: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 106 REST OF EUROPE: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 107 REST OF EUROPE: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 108 REST OF EUROPE: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.5 ASIA PACIFIC
12.5.1 PESTLE ANALYSIS: ASIA PACIFIC
12.5.2 ASIA PACIFIC: RECESSION IMPACT ANALYSIS
FIGURE 44 ASIA PACIFIC: ACTUATORS MARKET SNAPSHOT
TABLE 109 ASIA PACIFIC: ACTUATORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 110 ASIA PACIFIC: ACTUATORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 111 ASIA PACIFIC: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 112 ASIA PACIFIC: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 113 ASIA PACIFIC: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 114 ASIA PACIFIC: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 115 ASIA PACIFIC: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 116 ASIA PACIFIC: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 117 ASIA PACIFIC: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 118 ASIA PACIFIC: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 119 ASIA PACIFIC: ACTUATORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 120 ASIA PACIFIC: ACTUATORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
12.5.3 CHINA
12.5.3.1 Presence of major industries to drive market
TABLE 121 CHINA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 122 CHINA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 123 CHINA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 124 CHINA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 125 CHINA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 126 CHINA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.5.4 INDIA
12.5.4.1 Presence of flourishing steel and textile industries to drive market
TABLE 127 INDIA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 128 INDIA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 129 INDIA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 130 INDIA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 131 INDIA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 132 INDIA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.5.5 JAPAN
12.5.5.1 Increasing demand across major industries to drive market
TABLE 133 JAPAN: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 134 JAPAN: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 135 JAPAN: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 136 JAPAN: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 137 JAPAN: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 138 JAPAN: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.5.6 SOUTH KOREA
12.5.6.1 Presence of major automotive and electronics manufacturers to drive market
TABLE 139 SOUTH KOREA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 140 SOUTH KOREA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 141 SOUTH KOREA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 142 SOUTH KOREA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 143 SOUTH KOREA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 144 SOUTH KOREA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.5.7 AUSTRALIA
12.5.7.1 Advancements in automation technologies across industries to boost demand
TABLE 145 AUSTRALIA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 146 AUSTRALIA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 147 AUSTRALIA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 148 AUSTRALIA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 149 AUSTRALIA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 150 AUSTRALIA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.5.8 REST OF ASIA PACIFIC
TABLE 151 REST OF ASIA PACIFIC: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 152 REST OF ASIA PACIFIC: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 153 REST OF ASIA PACIFIC: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 154 REST OF ASIA PACIFIC: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 155 REST OF ASIA PACIFIC: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 156 REST OF ASIA PACIFIC: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.6 MIDDLE EAST
12.6.1 PESTLE ANALYSIS: MIDDLE EAST
12.6.2 MIDDLE EAST: RECESSION IMPACT ANALYSIS
FIGURE 45 MIDDLE EAST: ACTUATORS MARKET SNAPSHOT
TABLE 157 MIDDLE EAST: ACTUATORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 158 MIDDLE EAST: ACTUATORS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 159 MIDDLE EAST: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 160 MIDDLE EAST: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 161 MIDDLE EAST: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 162 MIDDLE EAST: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 163 MIDDLE EAST: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 164 MIDDLE EAST: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 165 MIDDLE EAST: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 166 MIDDLE EAST: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 167 MIDDLE EAST: ACTUATORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 168 MIDDLE EAST: ACTUATORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
12.6.3 GCC COUNTRIES
12.6.3.1 Industrialization and infrastructure development to drive growth
TABLE 169 GCC COUNTRIES: ACTUATORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 170 GCC COUNTRIES: ACTUATORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 171 GCC COUNTRIES: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 172 GCC COUNTRIES: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 173 GCC COUNTRIES: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 174 GCC COUNTRIES: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 175 GCC COUNTRIES: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 176 GCC COUNTRIES: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.6.3.2 Saudi Arabia
12.6.3.2.1 Economic diversification efforts to drive market
TABLE 177 SAUDI ARABIA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 178 SAUDI ARABIA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 179 SAUDI ARABIA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 180 SAUDI ARABIA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 181 SAUDI ARABIA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 182 SAUDI ARABIA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.6.3.3 UAE
12.6.3.3.1 Technological advancement and infrastructure development to drive market
TABLE 183 UAE: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 184 UAE: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 185 UAE: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 186 UAE: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 187 UAE: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 188 UAE: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.6.4 REST OF MIDDLE EAST
TABLE 189 REST OF MIDDLE EAST: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 190 REST OF MIDDLE EAST: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 191 REST OF MIDDLE EAST: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 192 REST OF MIDDLE EAST: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 193 REST OF MIDDLE EAST: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 194 REST OF MIDDLE EAST: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.7 REST OF THE WORLD (ROW)
12.7.1 ROW: RECESSION IMPACT ANALYSIS
12.7.2 PESTLE ANALYSIS
FIGURE 46 ROW: ACTUATORS MARKET SNAPSHOT
TABLE 195 ROW: ACTUATORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 196 ROW: ACTUATORS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 197 ROW: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 198 ROW: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 199 ROW: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 200 ROW: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 201 ROW: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 202 ROW: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 203 ROW: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 204 ROW: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 205 ROW: ACTUATORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 206 ROW: ACTUATORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
12.7.3 LATIN AMERICA
TABLE 207 LATIN AMERICA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 208 LATIN AMERICA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 209 LATIN AMERICA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 210 LATIN AMERICA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 211 LATIN AMERICA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 212 LATIN AMERICA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.7.4 AFRICA
TABLE 213 AFRICA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 214 AFRICA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 215 AFRICA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 216 AFRICA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 217 AFRICA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 218 AFRICA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
13 COMPETITIVE LANDSCAPE
13.1 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 219 STRATEGIES ADOPTED BY KEY PLAYERS, 2023–2024
13.2 RANKING OF LEADING PLAYERS, 2022
FIGURE 47 RANKING OF LEADING PLAYERS IN ACTUATORS MARKET, 2022
13.3 REVENUE ANALYSIS, 2018–2022
FIGURE 48 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020–2022
13.4 MARKET SHARE ANALYSIS OF LEADING PLAYERS, 2022
FIGURE 49 SHARE ANALYSIS OF LEADING PLAYERS IN ACTUATORS MARKET, 2022
TABLE 220 ACTUATORS MARKET: DEGREE OF COMPETITION
13.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 50 COMPANY VALUATION (USD BILLION), 2022
FIGURE 51 FINANCIAL METRICS (ENTERPRISE VALUE/EBITDA), 2022
13.6 COMPANY EVALUATION MATRIX, 2022
13.6.1 STARS
13.6.2 EMERGING LEADERS
13.6.3 PERVASIVE PLAYERS
13.6.4 PARTICIPANTS
FIGURE 52 ACTUATORS MARKET: COMPANY EVALUATION MATRIX, 2022
13.6.5 COMPANY FOOTPRINT
FIGURE 53 COMPANY FOOTPRINT
TABLE 221 ACTUATION FOOTPRINT
TABLE 222 ACTUATOR TYPE FOOTPRINT
TABLE 223 COMPANY REGION FOOTPRINT
13.7 ACTUATORS MARKET STARTUP/SMALL AND MEDIUM-SIZED ENTERPRISE EVALUATION MATRIX
13.7.1 PROGRESSIVE COMPANIES
13.7.2 RESPONSIVE COMPANIES
13.7.3 DYNAMIC COMPANIES
13.7.4 STARTING BLOCKS
FIGURE 54 ACTUATORS MARKET: STARTUP/SME EVALUATION MATRIX, 2022
13.7.5 COMPETITIVE BENCHMARKING
TABLE 224 KEY STARTUPS/SMES
TABLE 225 ACTUATORS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
13.8 PRODUCT/BRAND COMPARISON
TABLE 226 PRODUCT COMPARISON OF DIFFERENT ACTUATOR MANUFACTURERS
13.9 COMPETITIVE SCENARIO
13.9.1 PRODUCT LAUNCHES
TABLE 227 ACTUATORS MARKET: PRODUCT LAUNCHES, JANUARY 2020–MARCH 2024
13.9.2 DEALS
TABLE 228 ACTUATORS MARKET: DEALS, JANUARY 2020–MARCH 2024
13.9.3 OTHER DEVELOPMENTS
TABLE 229 ACTUATORS MARKET: OTHER DEVELOPMENTS, JANUARY 2020–MARCH 2024
14 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
14.1 INTRODUCTION
14.2 KEY PLAYERS
14.2.1 EMERSON ELECTRIC
TABLE 230 EMERSON ELECTRIC: BUSINESS OVERVIEW
FIGURE 55 EMERSON ELECTRIC: COMPANY SNAPSHOT
TABLE 231 EMERSON ELECTRIC: PRODUCTS OFFERED
TABLE 232 EMERSON ELECTRIC: PRODUCT LAUNCHES
TABLE 233 EMERSON ELECTRIC.: DEALS
14.2.2 ROCKWELL AUTOMATION
TABLE 234 ROCKWELL AUTOMATION: BUSINESS OVERVIEW
FIGURE 56 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
TABLE 235 ROCKWELL AUTOMATION: PRODUCTS OFFERED
14.2.3 PARKER HANNIFIN CORPORATION
TABLE 236 PARKER HANNIFIN CORPORATION: BUSINESS OVERVIEW
FIGURE 57 PARKER HANNIFIN CORPORATION: COMPANY SNAPSHOT
TABLE 237 PARKER HANNIFIN CORPORATION: PRODUCTS OFFERED
14.2.4 ABB LTD.
TABLE 238 ABB: BUSINESS OVERVIEW
FIGURE 58 ABB: COMPANY SNAPSHOT
TABLE 239 ABB: PRODUCTS OFFERED
14.2.5 SMC CORPORATION
TABLE 240 SMC CORPORATION: BUSINESS OVERVIEW
FIGURE 59 SMC CORPORATION: COMPANY SNAPSHOT
TABLE 241 SMC CORPORATION: PRODUCTS OFFERED
TABLE 242 SMC CORPORATION: PRODUCT LAUNCHES
14.2.6 MOOG INC.
TABLE 243 MOOG INC.: BUSINESS OVERVIEW
FIGURE 60 MOOG INC.: COMPANY SNAPSHOT
TABLE 244 MOOG INC.: PRODUCTS OFFERED
14.2.7 CURTISS-WRIGHT CORPORATION
TABLE 245 CURTISS-WRIGHT CORPORATION: BUSINESS OVERVIEW
FIGURE 61 CURTISS-WRIGHT CORPORATION: COMPANY SNAPSHOT
TABLE 246 CURTISS-WRIGHT CORPORATION: PRODUCTS OFFERED
TABLE 247 CURTISS-WRIGHT CORPORATION: DEALS
TABLE 248 CURTISS-WRIGHT CORPORATION: OTHER DEVELOPMENTS
14.2.8 REGAL REXNORD
TABLE 249 REGAL REXNORD: BUSINESS OVERVIEW
FIGURE 62 REGAL REXNORD: COMPANY SNAPSHOT
TABLE 250 REGAL REXNORD: PRODUCTS OFFERED
TABLE 251 REGAL REXNORD: PRODUCT LAUNCHES
TABLE 252 REGAL REXNORD: DEALS
14.2.9 ROTORK GROUP
TABLE 253 ROTORK GROUP: BUSINESS OVERVIEW
FIGURE 63 ROTORK GROUP: COMPANY SNAPSHOT
TABLE 254 ROTORK GROUP: PRODUCTS OFFERED
TABLE 255 ROTORK GROUP: DEALS
14.2.10 SKF GROUP
TABLE 256 SKF GROUP: BUSINESS OVERVIEW
FIGURE 64 SKF GROUP: COMPANY SNAPSHOT
TABLE 257 SKF GROUP: PRODUCTS OFFERED
14.2.11 MISUMI GROUP INC.
TABLE 258 MISUMI GROUP INC.: BUSINESS OVERVIEW
FIGURE 65 MISUMI GROUP INC.: COMPANY SNAPSHOT
TABLE 259 MISUMI GROUP INC.: PRODUCTS OFFERED
14.2.12 IMI PLC
TABLE 260 IMI PLC: BUSINESS OVERVIEW
FIGURE 66 IMI PLC: COMPANY SNAPSHOT
TABLE 261 IMI PLC: PRODUCTS OFFERED
TABLE 262 IMI PLC: DEALS
14.2.13 EATON CORPORATION
TABLE 263 EATON CORPORATION: BUSINESS OVERVIEW
FIGURE 67 EATON CORPORATION: COMPANY SNAPSHOT
TABLE 264 EATON CORPORATION: PRODUCTS OFFERED
14.2.14 TOLOMATIC
TABLE 265 TOLOMATIC: BUSINESS OVERVIEW
TABLE 266 TOLOMATIC: PRODUCTS OFFERED
TABLE 267 TOLOMATIC: PRODUCT LAUNCHES
14.2.15 VENTURE MFG. CO.
TABLE 268 VENTURE MFG. CO.: BUSINESS OVERVIEW
TABLE 269 VENTURE MFG. CO.: PRODUCTS OFFERED
14.3 OTHER PLAYERS
14.3.1 INTELLIGENT ACTUATOR, INC.
TABLE 270 INTELLIGENT ACTUATOR, INC.: COMPANY OVERVIEW
14.3.2 HARMONIC DRIVE LLC
TABLE 271 HARMONIC DRIVE LLC: COMPANY OVERVIEW
14.3.3 NOOK INDUSTRIES, INC.
TABLE 272 NOOK INDUSTRIES, INC.: COMPANY OVERVIEW
14.3.4 SHOGHI COMMUNICATION LTD.
TABLE 273 SHOGHI COMMUNICATION LTD.: COMPANY OVERVIEW
14.3.5 DVG AUTOMATION SPA
TABLE 274 DVG AUTOMATION SPA: COMPANY OVERVIEW
14.3.6 MACRON DYNAMICS
TABLE 275 MACRON DYNAMICS: COMPANY OVERVIEW
14.3.7 ROTOMATION INC.
TABLE 276 ROTOMATION INC.: COMPANY OVERVIEW
14.3.8 PEGASUS ACTUATORS GMBH
TABLE 277 PEGASUS ACTUATORS GMBH: COMPANY OVERVIEW
14.3.9 KINITICS AUTOMATION
TABLE 278 KINITICS AUTOMATION: COMPANY OVERVIEW
14.3.10 FESTO
TABLE 279 FESTO: COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
15 APPENDIX
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 CUSTOMIZATION OPTIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 ACTUATORS MARKET SEGMENTATION
FIGURE 1 MARKETS COVERED
1.2.2 REGIONAL SCOPE
1.2.3 YEARS CONSIDERED
1.3 INCLUSIONS AND EXCLUSIONS
1.4 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.8.1 RECESSION IMPACT ANALYSIS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 RESEARCH INDUSTRY FLOW
FIGURE 3 ACTUATORS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary sources
2.1.2.2 Key data from primary sources
2.1.2.3 Key primary insights
2.1.2.4 Breakdown of primary interviews
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS BY COMPANY TYPE, DESIGNATION, AND REGION
2.2 FACTOR ANALYSIS
2.2.1 INTRODUCTION
2.2.2 DEMAND-SIDE INDICATORS
2.2.3 SUPPLY-SIDE ANALYSIS
2.2.4 RECESSION IMPACT
2.3 MARKET SCOPE
2.3.1 SEGMENTS AND SUBSEGMENTS
2.4 MARKET SIZE ESTIMATION
2.4.1 BOTTOM-UP APPROACH
2.4.1.1 Regional actuators market
2.4.1.2 General approach for actuators market
2.4.1.3 Actuators market, by actuation
2.4.1.4 Actuators market, by type
2.4.1.5 Actuators market, by application
2.4.1.6 Actuators market, by vertical
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.5 DATA TRIANGULATION AND VALIDATION
2.5.1 DATA TRIANGULATION THROUGH SECONDARY RESEARCH
2.5.2 DATA TRIANGULATION THROUGH PRIMARY INTERVIEWS
FIGURE 7 DATA TRIANGULATION
2.6 RESEARCH ASSUMPTIONS
2.6.1 MARKET SIZING
2.6.2 MARKET GROWTH FORECASTING
FIGURE 8 RESEARCH ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
2.8 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 9 ELECTRONICS & ELECTRICAL SEGMENT TO GROW AT HIGHEST CAGR
FIGURE 10 LINEAR ACTUATORS TYPE TO GROW AT HIGHER CAGR FROM 2024 TO 2029
FIGURE 11 ELECTRIC ACTUATION SEGMENT TO LEAD ACTUATORS MARKET DURING FORECAST PERIOD
FIGURE 12 ROBOTICS APPLICATION SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC TO LEAD ACTUATORS MARKET IN 2024
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ACTUATORS MARKET
FIGURE 14 INCREASED GLOBAL DEMAND FOR ELECTRIC ACTUATORS TO DRIVE MARKET
4.2 ACTUATORS MARKET, BY ACTUATION
FIGURE 15 ELECTRIC ACTUATION SEGMENT TO WITNESS HIGHEST CAGR FROM 2024 TO 2029
4.3 ACTUATORS MARKET, BY TYPE
FIGURE 16 LINEAR ACTUATOR SEGMENT TO LEAD MARKET FROM 2024 TO 2029
4.4 ACTUATORS MARKET, BY APPLICATION
FIGURE 17 VEHICLE EQUIPMENT APPLICATION SEGMENT TO LEAD MARKET FROM 2024 TO 2029
4.5 ACTUATORS MARKET, BY VERTICAL
FIGURE 18 AUTOMOTIVE VERTICAL SEGMENT TO LEAD ACTUATORS MARKET FROM 2024 TO 2029
4.6 ACTUATORS MARKET, BY COUNTRY
FIGURE 19 UK TO WITNESS HIGHEST MARKET GROWTH FROM 2024 TO 2029
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 MARKET DYNAMICS: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Rising demand from automotive industry
5.2.1.2 Rapid industrialization and utilization of robotics
FIGURE 21 GROWTH EXPECTATION IN ROBOTICS AND AUTOMATION ACROSS INDUSTRIES
5.2.1.3 Rising demand from healthcare
5.2.1.4 Revival of space travel
5.2.2 RESTRAINTS
5.2.2.1 Low oil prices and economic slowdown
5.2.3 OPPORTUNITIES
5.2.3.1 Wide range of applications for linear actuators
5.2.3.2 Growth of luxury, electric, and driverless cars
5.2.3.3 Increased spending on renewable sources of energy for power generation
5.2.4 CHALLENGES
5.2.4.1 Issues of leakage in pneumatic and hydraulic actuators
5.3 OPERATIONAL DATA
TABLE 2 NEW COMMERCIAL AUTOMOTIVE VEHICLE DELIVERIES, BY TYPE, 2018–2022 (MILLION UNITS)
TABLE 3 NEW AIRCRAFT DELIVERIES, BY TYPE, 2019–2022 (UNITS)
TABLE 4 NEW SHIP DELIVERIES, BY TYPE, 2019–2022 (UNITS)
5.4 IMPACT OF RECESSION
5.5 ECOSYSTEM ANALYSIS
5.5.1 PROMINENT COMPANIES
5.5.2 PRIVATE AND SMALL ENTERPRISES
5.5.3 APPLICATIONS
FIGURE 22 ECOSYSTEM ANALYSIS/MAP: ACTUATORS MARKET
TABLE 5 ROLE OF COMPANIES IN ECOSYSTEM
5.6 VALUE CHAIN ANALYSIS
FIGURE 23 VALUE CHAIN ANALYSIS
5.7 PRICING ANALYSIS
5.7.1 AVERAGE SELLING PRICE OF ACTUATOR, BY COMPONENT
TABLE 6 AVERAGE SELLING PRICE OF ACTUATORS AND THEIR COMPONENTS (2023)
5.7.2 AVERAGE SELLING PRICE OF ACTUATOR, BY TYPE
TABLE 7 AVERAGE SELLING PRICE OF AUTOMOTIVE ACTUATORS, BY TYPE (USD) (2023)
TABLE 8 AVERAGE SELLING PRICE OF AIRCRAFT ACTUATORS, BY TYPE (USD) (2023)
TABLE 9 AVERAGE SELLING PRICE OF MARINE ACTUATORS, BY TYPE (USD) (2023)
TABLE 10 AVERAGE SELLING PRICE OF INDUSTRIAL ACTUATORS, BY TYPE (USD) (2023)
5.7.3 AVERAGE SELLING PRICE TREND OF ACTUATORS, BY REGION
FIGURE 24 AVERAGE SELLING PRICE TREND OF ACTUATORS, BY REGION
5.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 25 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.9 TECHNOLOGY ROADMAP
FIGURE 26 TECHNOLOGY ROADMAP OF ACTUATORS MARKET, 2000–2030
5.10 TECHNOLOGY ANALYSIS
5.10.1 KEY TECHNOLOGY
5.10.1.1 SMART ACTUATORS FOR INDUSTRY 4.0
5.10.2 SUPPORTING TECHNOLOGY
5.10.2.1 ARTIFICIAL MUSCLES
5.11 USE CASE ANALYSIS: ACTUATORS
5.11.1 LIFT ASSIST TECHNOLOGY TO ELIMINATE WORKPLACE-RELATED INJURIES
5.11.2 USE OF ACTUATORS IN HOME DЙCOR APPLICATIONS
5.12 TRADE ANALYSIS
5.12.1 TRADE DATA
TABLE 11 IMPORT DATA (HS CODE: 841229), BY COUNTRY, 2018–2022 (USD THOUSAND)
FIGURE 27 IMPORT DATA (HS CODE: 841229), BY COUNTRY, 2018–2022 (USD THOUSAND)
TABLE 12 EXPORT DATA (HS CODE: 841229), BY COUNTRY, 2018–2022 (USD THOUSAND)
FIGURE 28 EXPORT DATA (HS CODE: 841229), BY COUNTRY, 2018–2022 (USD THOUSAND)
5.13 TARIFF AND REGULATORY LANDSCAPE
TABLE 13 LIST OF INTERNATIONAL SOCIETY OF AUTOMATION STANDARDS FOR ACTUATORS
TABLE 14 NORTH AMERICA: TARIFFS
TABLE 15 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14 KEY CONFERENCES AND EVENTS, 2024
TABLE 18 KEY CONFERENCES AND EVENTS, 2024
5.15 INVESTMENT AND FUNDING SCENARIO
TABLE 19 VENTURE CAPITAL AND DEALS, 2019?2022
FIGURE 29 VENTURE CAPITAL AND DEALS, 2019?2022
5.16 KEY STAKEHOLDERS AND BUYING CRITERIA
5.16.1 STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ACTUATORS, BY END USER
TABLE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ACTUATORS, BY TOP VERTICALS (%)
5.16.2 BUYING CRITERIA
FIGURE 31 KEY BUYING CRITERIA FOR ACTUATORS, BY APPLICATION
TABLE 21 KEY BUYING CRITERIA FOR ACTUATORS, BY APPLICATION
5.17 BILL OF MATERIALS FOR ACTUATORS
FIGURE 32 BILL OF MATERIALS FOR ACTUATORS
5.18 TOTAL COST OF OWNERSHIP FOR INDUSTRIAL ACTUATORS
FIGURE 33 TOTAL COST OF OWNERSHIP FOR INDUSTRIAL ACTUATORS
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 SUPPLY CHAIN ANALYSIS
FIGURE 34 SUPPLY CHAIN ANALYSIS
6.2.1 MAJOR COMPANIES
6.2.2 SMALL AND MEDIUM-SIZED ENTERPRISES
6.2.3 END USERS/CUSTOMERS
6.3 TECHNOLOGY TRENDS
6.3.1 SMART ACTUATORS
6.3.2 HYBRID ACTUATORS
6.3.3 MEMS-ELECTROTHERMAL ACTUATORS
6.3.4 AMPLIFIED PIEZOELECTRIC ACTUATORS
6.4 IMPACT OF MEGATRENDS
6.4.1 ACTUATORS IN UNMANNED SYSTEMS, AIRCRAFT, AND SPACECRAFT
6.4.2 AUTOMATIC DOOR ACTUATORS
6.5 PATENT ANALYSIS
FIGURE 35 PATENT ANALYSIS
7 CUSTOMER ANALYSIS
7.1 OBJECTIVES
7.2 INTRODUCTION
7.2.1 FOURTH INDUSTRIAL REVOLUTION (INDUSTRY 4.0)
7.2.2 CONSUMER BUYING PROCESS
7.2.3 PROMINENT COMPANIES
7.2.4 SMALL AND MEDIUM-SIZED ENTERPRISES
7.3 CUSTOMER ACTUATOR SELECTION CRITERIA
7.4 TESTING
7.4.1 SELECTION CRITERIA
7.4.2 PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN TESTING INDUSTRY
7.4.3 MAJOR BUYERS OF ACTUATOR/ACTUATION SYSTEM IN TESTING INDUSTRY
7.4.4 MAJOR ACTUATOR SUPPLIERS FOR TESTING INDUSTRY
7.5 FOOD & BEVERAGE INDUSTRY
7.5.1 SELECTION CRITERIA
7.5.2 MAJOR PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN FOOD & BEVERAGES INDUSTRY
7.5.3 APPLICATION AREAS OF ACTUATORS IN FOOD & BEVERAGES INDUSTRY
7.5.4 FACTORS EXPECTED TO AFFECT DEMAND FOR ACTUATORS IN NEXT THREE TO FIVE YEARS
7.5.5 MAJOR BUYERS OF ACTUATOR/ACTUATION SYSTEM IN FOOD & BEVERAGE INDUSTRY
7.5.6 MAJOR ACTUATOR SUPPLIERS FOR FOOD & BEVERAGE INDUSTRY
7.6 CHEMICALS INDUSTRY
7.6.1 SELECTION CRITERIA
7.6.2 APPLICATION AREAS OF ACTUATORS IN CHEMICAL INDUSTRY
7.6.3 PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN CHEMICAL INDUSTRY
7.6.4 FACTORS EXPECTED TO AFFECT DEMAND FOR ACTUATORS IN NEXT THREE TO FIVE YEARS
7.6.5 MAJOR BUYERS OF ACTUATOR/ACTUATION SYSTEM IN CHEMICAL INDUSTRY
7.6.6 MAJOR ACTUATOR SUPPLIERS IN THIS INDUSTRY
7.7 METALS & MINING INDUSTRY
7.7.1 SELECTION CRITERIA
7.7.2 APPLICATION AREAS OF ACTUATORS IN METALS & MINING INDUSTRY
7.7.3 FACTORS EXPECTED TO AFFECT DEMAND FOR ACTUATORS IN NEXT THREE TO FIVE YEARS
7.7.4 MAJOR ACTUATOR/ACTUATION SYSTEM BUYERS IN METALS & MINING INDUSTRY
7.7.5 MAJOR ACTUATOR SUPPLIERS FOR METALS & MINING INDUSTRY
7.8 MANUFACTURING & CONSTRUCTION INDUSTRY
7.8.1 SELECTION CRITERIA
7.8.2 MAJOR PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN MANUFACTURING & CONSTRUCTION INDUSTRY
7.8.3 APPLICATION AREAS OF ACTUATORS IN MANUFACTURING & CONSTRUCTION INDUSTRY
7.8.4 FACTORS EXPECTED TO AFFECT DEMAND FOR ACTUATORS IN THREE TO FIVE YEARS
7.8.5 MAJOR ACTUATOR/ACTUATION SYSTEM BUYERS IN MANUFACTURING & CONSTRUCTION INDUSTRY
7.8.6 MAJOR ACTUATOR SUPPLIERS FOR MANUFACTURING & CONSTRUCTION INDUSTRY
7.9 PHARMACEUTICALS & HEALTHCARE INDUSTRY
7.9.1 SELECTION CRITERIA
7.9.2 ACTUATOR/ACTUATION SYSTEM ISSUES FACED BY CUSTOMERS IN PHARMACEUTICALS & HEALTHCARE INDUSTRY
7.9.3 APPLICATION AREAS OF ACTUATORS IN PHARMACEUTICALS INDUSTRY
7.9.4 FACTORS EXPECTED TO AFFECT DEMAND FOR ACTUATORS IN NEXT THREE TO FIVE YEARS
7.9.5 MAJOR ACTUATOR/SYSTEM BUYERS IN PHARMACEUTICALS INDUSTRY
7.9.6 MAJOR ACTUATOR SUPPLIERS FOR PHARMACEUTICALS INDUSTRY
7.10 PULP & PAPER INDUSTRY
7.10.1 SELECTION CRITERIA
7.10.2 MAJOR PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN PULP & PAPER INDUSTRY
7.10.3 DIFFERENT APPLICATION AREAS OF ACTUATORS IN PULP & PAPER INDUSTRY
7.10.4 FACTORS EXPECTED TO AFFECT DEMAND FOR ACTUATORS IN NEXT THREE TO FIVE YEARS
7.10.5 MAJOR ACTUATOR/ACTUATION SYSTEM BUYERS IN PULP & PAPER INDUSTRY
7.10.6 MAJOR ACTUATOR SUPPLIERS FOR PULP & PAPER INDUSTRY
7.11 WATER TREATMENT
7.11.1 SELECTION CRITERIA
7.11.2 MAJOR PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN WATER TREATMENT INDUSTRY
7.11.3 APPLICATIONS OF ACTUATORS IN WATER TREATMENT INDUSTRY
7.11.4 FACTORS AFFECTING DEMAND FOR ACTUATORS IN WATER TREATMENT INDUSTRY IN NEXT THREE TO FIVE YEARS
7.11.5 MAJOR BUYERS OF ACTUATORS/ACTUATION SYSTEMS IN WATER TREATMENT INDUSTRY
7.11.6 MAJOR ACTUATOR SUPPLIERS FOR WATER TREATMENT INDUSTRY
7.12 OIL & GAS
7.12.1 SELECTION CRITERIA
7.12.2 APPLICATION AREAS FOR ACTUATORS IN OIL & GAS INDUSTRY
7.12.3 MAJOR PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN OIL & GAS INDUSTRY
7.12.4 FACTORS AFFECTING DEMAND FOR ACTUATORS IN OIL & GAS INDUSTRY IN NEXT THREE TO FIVE YEARS
7.12.5 MAJOR CERTIFICATIONS REQUIRED FOR ACTUATORS FOR OIL & GAS INDUSTRY
7.12.6 MAJOR BUYERS OF ACTUATORS/ACTUATION SYSTEMS IN OIL & GAS INDUSTRY
7.12.7 MAJOR ACTUATOR SUPPLIERS FOR OIL & GAS INDUSTRY
7.13 AEROSPACE INDUSTRY
7.13.1 SELECTION CRITERIA
7.13.2 MAJOR PROBLEMS RELATED TO ACTUATOR/ACTUATION SYSTEMS FACED BY CUSTOMERS IN AEROSPACE INDUSTRY
7.13.3 APPLICATION AREAS OF ACTUATORS IN AEROSPACE INDUSTRY
7.13.4 DIFFERENT APPLICATION AREAS OF ACTUATORS IN FLIGHT CONTROLS
7.13.5 APPLICATION AREAS OF LINEAR ACTUATORS IN FLIGHT CONTROLS
7.13.6 CHANGING ACTUATOR REQUIREMENTS IN FUTURE
7.13.7 MAJOR BUYERS OF ACTUATORS/ACTUATION SYSTEMS IN AEROSPACE INDUSTRY
7.13.8 MAJOR ACTUATOR SUPPLIERS IN AEROSPACE INDUSTRY
7.14 DEFENSE INDUSTRY
7.14.1 SELECTION CRITERIA
7.14.2 ADVANTAGES OF ACTUATORS IN DEFENSE
7.14.3 PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN DEFENSE INDUSTRY
7.14.4 MAJOR BUYERS OF ACTUATORS/ACTUATION SYSTEMS IN DEFENSE INDUSTRY
7.14.5 MAJOR ACTUATOR SUPPLIERS IN DEFENSE INDUSTRY
7.15 POWER GENERATION INDUSTRY
7.15.1 SELECTION CRITERIA
7.15.2 APPLICATIONS FOR WHICH ACTUATORS ARE USED
7.15.3 APPLICATION AREAS FOR ACTUATORS IN POWER GENERATION INDUSTRY
7.15.4 FACTORS AFFECTING DEMAND FOR ACTUATORS IN POWER GENERATION INDUSTRY IN NEXT THREE TO FIVE YEARS
7.15.5 CUSTOMER EXPECTATIONS FOR ACTUATORS AND RELATED SYSTEMS SUPPLIERS REGARDING MAINTENANCE AND SUPPORT
7.15.6 MAJOR BUYERS OF ACTUATORS/ACTUATION SYSTEMS IN POWER GENERATION INDUSTRY
7.15.7 MAJOR ACTUATOR SUPPLIERS IN POWER GENERATION INDUSTRY
7.16 AUTOMOTIVE INDUSTRY
7.16.1 SELECTION CRITERIA
7.16.2 APPLICATION AREAS OF ACTUATORS IN AUTOMOTIVE INDUSTRY
7.16.3 PROBLEMS RELATED TO ACTUATORS/ACTUATION SYSTEMS FACED BY CUSTOMERS IN AUTOMOTIVE INDUSTRY
7.16.4 FACTORS AFFECTING DEMAND FOR ACTUATORS IN AUTOMOTIVE INDUSTRY IN NEXT THREE TO FIVE YEARS
7.16.5 MAJOR BUYERS OF ACTUATORS/ACTUATION SYSTEMS IN AUTOMOTIVE INDUSTRY
7.16.6 MAJOR ACTUATOR SUPPLIERS IN AUTOMOTIVE INDUSTRY
8 ACTUATORS MARKET, BY ACTUATION
8.1 INTRODUCTION
FIGURE 36 ELECTRIC SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
TABLE 22 ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 23 ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
8.2 ELECTRIC
8.2.1 INCREASED USE OF ELECTRICAL ACTUATORS IN DIFFERENT INDUSTRIES TO DRIVE DEMAND
8.3 HYDRAULIC
8.3.1 DEMAND IN HIGH-FORCE APPLICATIONS TO DRIVE MARKET
8.4 PNEUMATIC
8.4.1 USE IN FOOD & BEVERAGES AND OIL & GAS INDUSTRIES TO DRIVE DEMAND
8.5 OTHERS
8.5.1 RECENT DEVELOPMENTS IN THERMAL, PIEZOELECTRIC, AND HYBRID ACTUATORS TO DRIVE DEMAND
9 ACTUATORS MARKET, BY APPLICATION
9.1 INTRODUCTION
FIGURE 37 VEHICLE EQUIPMENT APPLICATION TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
TABLE 24 ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 25 ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
9.2 INDUSTRIAL AUTOMATION
9.2.1 ENHANCING QUALITY AND INCREASING FLEXIBILITY OF MANUFACTURING PROCESS TO DRIVE MARKET
9.3 ROBOTICS
9.3.1 INCREASING ADOPTION OF ROBOTICS ACROSS AUTOMOTIVE AND ELECTRONICS & ELECTRICAL INDUSTRIES TO DRIVE GROWTH
FIGURE 38 INDUSTRIAL ROBOTS SEGMENT TO LEAD ACTUATORS MARKET IN ROBOTICS
TABLE 26 ACTUATORS MARKET IN ROBOTICS, BY ROBOT TYPE, 2020–2023 (USD MILLION)
TABLE 27 ACTUATORS MARKET IN ROBOTICS, BY ROBOT TYPE, 2024–2029 (USD MILLION)
9.3.2 INDUSTRIAL ROBOTS
9.3.3 SERVICE ROBOTS
9.4 VEHICLE EQUIPMENT
9.4.1 INCREASING AUTONOMY LEVELS AND REQUIREMENTS FOR AUTOMATED VALE CONTROLS AND SUSPENSION MECHANISMS TO DRIVE MARKET
10 ACTUATORS MARKET, BY TYPE
10.1 INTRODUCTION
FIGURE 39 ACTUATORS MARKET, BY TYPE, 2024 VS. 2029 (USD BILLION)
TABLE 28 ACTUATORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 29 ACTUATORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
10.2 LINEAR ACTUATORS
10.2.1 ROD TYPE
10.2.1.1 Increasing use of rod-less type linear actuators in aircraft structures to drive demand
10.2.2 SCREW TYPE
10.2.2.1 Growing use of servomotors in drive and control hardware to fuel demand
10.2.3 BELT TYPE
10.2.3.1 Rising use to increase operational efficiency of process automation to drive demand
10.3 ROTARY ACTUATORS
10.3.1 MOTORS
10.3.1.1 Surging sales of industrial robots to drive demand
10.3.2 BLADDER & VANE
10.3.2.1 Increasing use in gates and valves in process industry to drive demand
10.3.3 PISTON TYPE
10.3.3.1 Growing use for precision control applications in electronics industry to drive demand
11 ACTUATORS MARKET, BY VERTICAL
11.1 INTRODUCTION
FIGURE 40 ACTUATORS MARKET, BY VERTICAL, 2024 VS. 2029 (USD BILLION)
TABLE 30 ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 31 ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
11.2 FOOD & BEVERAGES
11.2.1 REQUIREMENT FOR INCREASED AUTOMATION AND CAPACITY ENHANCEMENT TO DRIVE SEGMENT
11.3 OIL & GAS
11.3.1 INCREASE IN OIL & GAS EXPLORATION ACTIVITIES IN ASIA PACIFIC TO DRIVE SEGMENT
11.4 METALS, MINING & MACHINERY
11.4.1 REQUIREMENT FOR ROBUST ACTUATORS IN MINING INDUSTRY TO DRIVE SEGMENT
11.5 POWER GENERATION
11.5.1 INCREASED SPENDING ON RENEWABLE SOURCES TO DRIVE SEGMENT
11.6 CHEMICALS, PAPER & PLASTICS
11.6.1 RAPID INDUSTRIALIZATION AND STRINGENT IMPLEMENTATION OF ENVIRONMENTAL REGULATIONS TO DRIVE SEGMENT
11.7 PHARMACEUTICALS & HEALTHCARE
11.7.1 STRINGENT REGULATIONS FOR HYGIENE AND INCREASED DEMAND FOR SURGICAL ROBOTS TO DRIVE SEGMENT
11.8 AUTOMOTIVE
11.8.1 INCREASED DEMAND FOR INDUSTRIAL ROBOTS TO DRIVE SEGMENT
TABLE 32 AUTOMOTIVE ACTUATORS VOLUME, BY VEHICLE TYPE, 2020–2029 (MILLION UNITS)
11.9 AEROSPACE & DEFENSE
11.9.1 RISE IN DEFENSE EXPENDITURE, COMMERCIAL AVIATION, AND MILITARY MODERNIZATION PROGRAMS TO DRIVE SEGMENT
TABLE 33 AIRCRAFT ACTUATORS VOLUME, BY AIRCRAFT TYPE, 2020–2029 (THOUSAND UNITS)
11.10 MARINE
11.10.1 INCREASED USE IN COMMERCIAL SHIPBUILDING TO DRIVE SEGMENT
TABLE 34 MARINE ACTUATORS VOLUME, BY VESSEL TYPE, 2020–2029 (THOUSAND UNITS)
11.11 ELECTRONICS & ELECTRICAL
11.11.1 GROWING DEMAND FOR BATTERIES, CHIPS, AND DISPLAYS TO DRIVE SEGMENT
11.12 CONSTRUCTION
11.12.1 INCREASED DEMAND FOR ELECTRICAL LINEAR ACTUATORS IN LIFTING AND MATERIAL HANDLING APPLICATIONS TO DRIVE SEGMENT
11.13 UTILITIES
11.13.1 INCREASED DEMAND FOR LOGISTICS, AGRICULTURE, AND FIELD ROBOTS TO DRIVE SEGMENT
11.14 HOUSEHOLD & ENTERTAINMENT
11.14.1 INCREASED DEMAND FOR SERVICE ROBOTS IN DOMESTIC APPLICATIONS TO BOOST DEMAND
11.15 AGRICULTURE
11.15.1 GROWING ADOPTION OF MECHANIZATION AND INCREASING GOVERNMENT SUPPORT TO DRIVE SEGMENT
12 REGIONAL ANALYSIS
12.1 INTRODUCTION
FIGURE 41 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF ACTUATORS MARKET IN 2024
TABLE 35 ACTUATORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 36 ACTUATORS MARKET, BY REGION, 2024–2029 (USD MILLION)
12.2 REGIONAL RECESSION IMPACT ANALYSIS
12.3 NORTH AMERICA
12.3.1 PESTLE ANALYSIS: NORTH AMERICA
12.3.2 NORTH AMERICA: RECESSION IMPACT ANALYSIS
FIGURE 42 NORTH AMERICA: ACTUATORS MARKET SNAPSHOT
TABLE 37 NORTH AMERICA: ACTUATORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 38 NORTH AMERICA: ACTUATORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 39 NORTH AMERICA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 40 NORTH AMERICA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 41 NORTH AMERICA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 42 NORTH AMERICA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 43 NORTH AMERICA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 44 NORTH AMERICA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 45 NORTH AMERICA ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 46 NORTH AMERICA: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 47 NORTH AMERICA: ACTUATORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 48 NORTH AMERICA: ACTUATORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
12.3.3 US
12.3.3.1 Increase adoption of Industry 4.0 to drive market
TABLE 49 US: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 50 US: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 51 US: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 52 US: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 53 US: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 54 US: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.3.4 CANADA
12.3.4.1 Rising demand for linear actuators to drive market
TABLE 55 CANADA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 56 CANADA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 57 CANADA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 58 CANADA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 59 CANADA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 60 CANADA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.4 EUROPE
12.4.1 PESTLE ANALYSIS: EUROPE
12.4.2 EUROPE: RECESSION IMPACT ANALYSIS
FIGURE 43 EUROPE: ACTUATORS MARKET SNAPSHOT
TABLE 61 EUROPE: ACTUATORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 62 EUROPE: ACTUATORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 63 EUROPE: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 64 EUROPE: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 65 EUROPE: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 66 EUROPE: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 67 EUROPE: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 68 EUROPE: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 69 EUROPE: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 70 EUROPE: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 71 EUROPE: ACTUATORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 72 EUROPE: ACTUATORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
12.4.3 GERMANY
12.4.3.1 Thriving automotive and manufacturing industries to drive market
TABLE 73 GERMANY: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 74 GERMANY: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 75 GERMANY: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 76 GERMANY: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 77 GERMANY: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 78 GERMANY: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.4.4 UK
12.4.4.1 Increasing demand from oil & gas industry to drive market
TABLE 79 UK: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 80 UK: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 81 UK: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 82 UK: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 83 UK: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 84 UK: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.4.5 FRANCE
12.4.5.1 Presence of major aerospace & defense manufacturers to drive market
TABLE 85 FRANCE: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 86 FRANCE: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 87 FRANCE: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 88 FRANCE: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 89 FRANCE: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 90 FRANCE: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.4.6 ITALY
12.4.6.1 Presence of major automobile and food & beverages manufacturers to drive market
TABLE 91 ITALY: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 92 ITALY: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 93 ITALY: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 94 ITALY: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 95 ITALY: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 96 ITALY: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.4.7 RUSSIA
12.4.7.1 Diverse industrial landscape to boost demand
TABLE 97 RUSSIA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 98 RUSSIA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 99 RUSSIA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 100 RUSSIA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 101 RUSSIA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 102 RUSSIA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.4.8 REST OF EUROPE
TABLE 103 REST OF EUROPE: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 104 REST OF EUROPE: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 105 REST OF EUROPE: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 106 REST OF EUROPE: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 107 REST OF EUROPE: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 108 REST OF EUROPE: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.5 ASIA PACIFIC
12.5.1 PESTLE ANALYSIS: ASIA PACIFIC
12.5.2 ASIA PACIFIC: RECESSION IMPACT ANALYSIS
FIGURE 44 ASIA PACIFIC: ACTUATORS MARKET SNAPSHOT
TABLE 109 ASIA PACIFIC: ACTUATORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 110 ASIA PACIFIC: ACTUATORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 111 ASIA PACIFIC: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 112 ASIA PACIFIC: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 113 ASIA PACIFIC: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 114 ASIA PACIFIC: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 115 ASIA PACIFIC: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 116 ASIA PACIFIC: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 117 ASIA PACIFIC: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 118 ASIA PACIFIC: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 119 ASIA PACIFIC: ACTUATORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 120 ASIA PACIFIC: ACTUATORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
12.5.3 CHINA
12.5.3.1 Presence of major industries to drive market
TABLE 121 CHINA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 122 CHINA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 123 CHINA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 124 CHINA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 125 CHINA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 126 CHINA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.5.4 INDIA
12.5.4.1 Presence of flourishing steel and textile industries to drive market
TABLE 127 INDIA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 128 INDIA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 129 INDIA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 130 INDIA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 131 INDIA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 132 INDIA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.5.5 JAPAN
12.5.5.1 Increasing demand across major industries to drive market
TABLE 133 JAPAN: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 134 JAPAN: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 135 JAPAN: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 136 JAPAN: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 137 JAPAN: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 138 JAPAN: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.5.6 SOUTH KOREA
12.5.6.1 Presence of major automotive and electronics manufacturers to drive market
TABLE 139 SOUTH KOREA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 140 SOUTH KOREA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 141 SOUTH KOREA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 142 SOUTH KOREA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 143 SOUTH KOREA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 144 SOUTH KOREA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.5.7 AUSTRALIA
12.5.7.1 Advancements in automation technologies across industries to boost demand
TABLE 145 AUSTRALIA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 146 AUSTRALIA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 147 AUSTRALIA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 148 AUSTRALIA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 149 AUSTRALIA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 150 AUSTRALIA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.5.8 REST OF ASIA PACIFIC
TABLE 151 REST OF ASIA PACIFIC: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 152 REST OF ASIA PACIFIC: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 153 REST OF ASIA PACIFIC: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 154 REST OF ASIA PACIFIC: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 155 REST OF ASIA PACIFIC: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 156 REST OF ASIA PACIFIC: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.6 MIDDLE EAST
12.6.1 PESTLE ANALYSIS: MIDDLE EAST
12.6.2 MIDDLE EAST: RECESSION IMPACT ANALYSIS
FIGURE 45 MIDDLE EAST: ACTUATORS MARKET SNAPSHOT
TABLE 157 MIDDLE EAST: ACTUATORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 158 MIDDLE EAST: ACTUATORS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 159 MIDDLE EAST: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 160 MIDDLE EAST: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 161 MIDDLE EAST: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 162 MIDDLE EAST: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 163 MIDDLE EAST: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 164 MIDDLE EAST: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 165 MIDDLE EAST: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 166 MIDDLE EAST: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 167 MIDDLE EAST: ACTUATORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 168 MIDDLE EAST: ACTUATORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
12.6.3 GCC COUNTRIES
12.6.3.1 Industrialization and infrastructure development to drive growth
TABLE 169 GCC COUNTRIES: ACTUATORS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 170 GCC COUNTRIES: ACTUATORS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 171 GCC COUNTRIES: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 172 GCC COUNTRIES: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 173 GCC COUNTRIES: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 174 GCC COUNTRIES: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 175 GCC COUNTRIES: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 176 GCC COUNTRIES: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.6.3.2 Saudi Arabia
12.6.3.2.1 Economic diversification efforts to drive market
TABLE 177 SAUDI ARABIA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 178 SAUDI ARABIA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 179 SAUDI ARABIA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 180 SAUDI ARABIA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 181 SAUDI ARABIA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 182 SAUDI ARABIA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.6.3.3 UAE
12.6.3.3.1 Technological advancement and infrastructure development to drive market
TABLE 183 UAE: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 184 UAE: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 185 UAE: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 186 UAE: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 187 UAE: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 188 UAE: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.6.4 REST OF MIDDLE EAST
TABLE 189 REST OF MIDDLE EAST: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 190 REST OF MIDDLE EAST: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 191 REST OF MIDDLE EAST: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 192 REST OF MIDDLE EAST: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 193 REST OF MIDDLE EAST: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 194 REST OF MIDDLE EAST: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.7 REST OF THE WORLD (ROW)
12.7.1 ROW: RECESSION IMPACT ANALYSIS
12.7.2 PESTLE ANALYSIS
FIGURE 46 ROW: ACTUATORS MARKET SNAPSHOT
TABLE 195 ROW: ACTUATORS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 196 ROW: ACTUATORS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 197 ROW: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 198 ROW: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 199 ROW: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 200 ROW: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 201 ROW: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 202 ROW: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 203 ROW: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 204 ROW: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 205 ROW: ACTUATORS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 206 ROW: ACTUATORS MARKET, BY TYPE, 2024–2029 (USD MILLION)
12.7.3 LATIN AMERICA
TABLE 207 LATIN AMERICA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 208 LATIN AMERICA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 209 LATIN AMERICA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 210 LATIN AMERICA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 211 LATIN AMERICA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 212 LATIN AMERICA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
12.7.4 AFRICA
TABLE 213 AFRICA: ACTUATORS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 214 AFRICA: ACTUATORS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 215 AFRICA: ACTUATORS MARKET, BY ACTUATION, 2020–2023 (USD MILLION)
TABLE 216 AFRICA: ACTUATORS MARKET, BY ACTUATION, 2024–2029 (USD MILLION)
TABLE 217 AFRICA: ACTUATORS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 218 AFRICA: ACTUATORS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
13 COMPETITIVE LANDSCAPE
13.1 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 219 STRATEGIES ADOPTED BY KEY PLAYERS, 2023–2024
13.2 RANKING OF LEADING PLAYERS, 2022
FIGURE 47 RANKING OF LEADING PLAYERS IN ACTUATORS MARKET, 2022
13.3 REVENUE ANALYSIS, 2018–2022
FIGURE 48 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020–2022
13.4 MARKET SHARE ANALYSIS OF LEADING PLAYERS, 2022
FIGURE 49 SHARE ANALYSIS OF LEADING PLAYERS IN ACTUATORS MARKET, 2022
TABLE 220 ACTUATORS MARKET: DEGREE OF COMPETITION
13.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 50 COMPANY VALUATION (USD BILLION), 2022
FIGURE 51 FINANCIAL METRICS (ENTERPRISE VALUE/EBITDA), 2022
13.6 COMPANY EVALUATION MATRIX, 2022
13.6.1 STARS
13.6.2 EMERGING LEADERS
13.6.3 PERVASIVE PLAYERS
13.6.4 PARTICIPANTS
FIGURE 52 ACTUATORS MARKET: COMPANY EVALUATION MATRIX, 2022
13.6.5 COMPANY FOOTPRINT
FIGURE 53 COMPANY FOOTPRINT
TABLE 221 ACTUATION FOOTPRINT
TABLE 222 ACTUATOR TYPE FOOTPRINT
TABLE 223 COMPANY REGION FOOTPRINT
13.7 ACTUATORS MARKET STARTUP/SMALL AND MEDIUM-SIZED ENTERPRISE EVALUATION MATRIX
13.7.1 PROGRESSIVE COMPANIES
13.7.2 RESPONSIVE COMPANIES
13.7.3 DYNAMIC COMPANIES
13.7.4 STARTING BLOCKS
FIGURE 54 ACTUATORS MARKET: STARTUP/SME EVALUATION MATRIX, 2022
13.7.5 COMPETITIVE BENCHMARKING
TABLE 224 KEY STARTUPS/SMES
TABLE 225 ACTUATORS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
13.8 PRODUCT/BRAND COMPARISON
TABLE 226 PRODUCT COMPARISON OF DIFFERENT ACTUATOR MANUFACTURERS
13.9 COMPETITIVE SCENARIO
13.9.1 PRODUCT LAUNCHES
TABLE 227 ACTUATORS MARKET: PRODUCT LAUNCHES, JANUARY 2020–MARCH 2024
13.9.2 DEALS
TABLE 228 ACTUATORS MARKET: DEALS, JANUARY 2020–MARCH 2024
13.9.3 OTHER DEVELOPMENTS
TABLE 229 ACTUATORS MARKET: OTHER DEVELOPMENTS, JANUARY 2020–MARCH 2024
14 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
14.1 INTRODUCTION
14.2 KEY PLAYERS
14.2.1 EMERSON ELECTRIC
TABLE 230 EMERSON ELECTRIC: BUSINESS OVERVIEW
FIGURE 55 EMERSON ELECTRIC: COMPANY SNAPSHOT
TABLE 231 EMERSON ELECTRIC: PRODUCTS OFFERED
TABLE 232 EMERSON ELECTRIC: PRODUCT LAUNCHES
TABLE 233 EMERSON ELECTRIC.: DEALS
14.2.2 ROCKWELL AUTOMATION
TABLE 234 ROCKWELL AUTOMATION: BUSINESS OVERVIEW
FIGURE 56 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
TABLE 235 ROCKWELL AUTOMATION: PRODUCTS OFFERED
14.2.3 PARKER HANNIFIN CORPORATION
TABLE 236 PARKER HANNIFIN CORPORATION: BUSINESS OVERVIEW
FIGURE 57 PARKER HANNIFIN CORPORATION: COMPANY SNAPSHOT
TABLE 237 PARKER HANNIFIN CORPORATION: PRODUCTS OFFERED
14.2.4 ABB LTD.
TABLE 238 ABB: BUSINESS OVERVIEW
FIGURE 58 ABB: COMPANY SNAPSHOT
TABLE 239 ABB: PRODUCTS OFFERED
14.2.5 SMC CORPORATION
TABLE 240 SMC CORPORATION: BUSINESS OVERVIEW
FIGURE 59 SMC CORPORATION: COMPANY SNAPSHOT
TABLE 241 SMC CORPORATION: PRODUCTS OFFERED
TABLE 242 SMC CORPORATION: PRODUCT LAUNCHES
14.2.6 MOOG INC.
TABLE 243 MOOG INC.: BUSINESS OVERVIEW
FIGURE 60 MOOG INC.: COMPANY SNAPSHOT
TABLE 244 MOOG INC.: PRODUCTS OFFERED
14.2.7 CURTISS-WRIGHT CORPORATION
TABLE 245 CURTISS-WRIGHT CORPORATION: BUSINESS OVERVIEW
FIGURE 61 CURTISS-WRIGHT CORPORATION: COMPANY SNAPSHOT
TABLE 246 CURTISS-WRIGHT CORPORATION: PRODUCTS OFFERED
TABLE 247 CURTISS-WRIGHT CORPORATION: DEALS
TABLE 248 CURTISS-WRIGHT CORPORATION: OTHER DEVELOPMENTS
14.2.8 REGAL REXNORD
TABLE 249 REGAL REXNORD: BUSINESS OVERVIEW
FIGURE 62 REGAL REXNORD: COMPANY SNAPSHOT
TABLE 250 REGAL REXNORD: PRODUCTS OFFERED
TABLE 251 REGAL REXNORD: PRODUCT LAUNCHES
TABLE 252 REGAL REXNORD: DEALS
14.2.9 ROTORK GROUP
TABLE 253 ROTORK GROUP: BUSINESS OVERVIEW
FIGURE 63 ROTORK GROUP: COMPANY SNAPSHOT
TABLE 254 ROTORK GROUP: PRODUCTS OFFERED
TABLE 255 ROTORK GROUP: DEALS
14.2.10 SKF GROUP
TABLE 256 SKF GROUP: BUSINESS OVERVIEW
FIGURE 64 SKF GROUP: COMPANY SNAPSHOT
TABLE 257 SKF GROUP: PRODUCTS OFFERED
14.2.11 MISUMI GROUP INC.
TABLE 258 MISUMI GROUP INC.: BUSINESS OVERVIEW
FIGURE 65 MISUMI GROUP INC.: COMPANY SNAPSHOT
TABLE 259 MISUMI GROUP INC.: PRODUCTS OFFERED
14.2.12 IMI PLC
TABLE 260 IMI PLC: BUSINESS OVERVIEW
FIGURE 66 IMI PLC: COMPANY SNAPSHOT
TABLE 261 IMI PLC: PRODUCTS OFFERED
TABLE 262 IMI PLC: DEALS
14.2.13 EATON CORPORATION
TABLE 263 EATON CORPORATION: BUSINESS OVERVIEW
FIGURE 67 EATON CORPORATION: COMPANY SNAPSHOT
TABLE 264 EATON CORPORATION: PRODUCTS OFFERED
14.2.14 TOLOMATIC
TABLE 265 TOLOMATIC: BUSINESS OVERVIEW
TABLE 266 TOLOMATIC: PRODUCTS OFFERED
TABLE 267 TOLOMATIC: PRODUCT LAUNCHES
14.2.15 VENTURE MFG. CO.
TABLE 268 VENTURE MFG. CO.: BUSINESS OVERVIEW
TABLE 269 VENTURE MFG. CO.: PRODUCTS OFFERED
14.3 OTHER PLAYERS
14.3.1 INTELLIGENT ACTUATOR, INC.
TABLE 270 INTELLIGENT ACTUATOR, INC.: COMPANY OVERVIEW
14.3.2 HARMONIC DRIVE LLC
TABLE 271 HARMONIC DRIVE LLC: COMPANY OVERVIEW
14.3.3 NOOK INDUSTRIES, INC.
TABLE 272 NOOK INDUSTRIES, INC.: COMPANY OVERVIEW
14.3.4 SHOGHI COMMUNICATION LTD.
TABLE 273 SHOGHI COMMUNICATION LTD.: COMPANY OVERVIEW
14.3.5 DVG AUTOMATION SPA
TABLE 274 DVG AUTOMATION SPA: COMPANY OVERVIEW
14.3.6 MACRON DYNAMICS
TABLE 275 MACRON DYNAMICS: COMPANY OVERVIEW
14.3.7 ROTOMATION INC.
TABLE 276 ROTOMATION INC.: COMPANY OVERVIEW
14.3.8 PEGASUS ACTUATORS GMBH
TABLE 277 PEGASUS ACTUATORS GMBH: COMPANY OVERVIEW
14.3.9 KINITICS AUTOMATION
TABLE 278 KINITICS AUTOMATION: COMPANY OVERVIEW
14.3.10 FESTO
TABLE 279 FESTO: COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
15 APPENDIX
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 CUSTOMIZATION OPTIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
The global actuators market is estimated to be $XX billion in 2014, and is expected to grow at a CAGR of XX% to reach SXX billion by 2019. The key market drivers for this growth are industrialization in developing countries, increase in demand for vehicles, increased demand for metals, minerals, processed goods, and technology advancement. The actuators market is in the growing stage, there by demanding attention for the up gradation and renovation of products. The major actuators market share is contributed by the industry sector. U.S. and APAC hold a major market share of the actuators market. Key players in actuators market are Rotork, SMC, Fiesto, Honeywell, Emerson, and Parker Hannifin among others, are mainly from U.S and U.K. New growth regions for the actuators market are Africa, India, and China.
The biggest challenge for the actuators market is to accommodate the consumers' demand and production. There is an increase in the demand for actuators and competitors in the market.
There are enormous opportunities in the actuators market.
Industrialization is the main factor, which provides maximum opportunities for this sector. Modernization, and up gradation of machinery in the industry is another factor that stimulates the growth of the actuators market.
Changes and advancements in the technology directly affect the efficiency and effectiveness of the product. A few technology advancements are:
- New linear electrical actuators with morphing composite are novel in the market, which will offer some potential to improve the fidelity and scope of active earthquake testing.
- In the automobile segment, electric actuation as compared to pneumatic actuation offers faster and additional responsive control for diesel VNT turbo, and gasoline turbo in both passenger and vehicle segment. Technology advancement is one of the major factors that stimulate the growth of the actuators market worldwide.
