Actuators - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Actuators market accounted for $44.48 billion in 2018 and is expected to reach $110.15 billion by 2027 growing at a CAGR of 10.6% during the forecast period. Some of the key factors such as rising investments to carry out process automation in end-use industries of emerging economies and the rising number of air passengers and new aircraft deliveries are driving the market growth. However, continuous upheavals in the oil & gas industry and volatility in the price of crude oil act as the restraining factors for the market growth.
An actuator is a component of a machine that is in charge of moving and controlling a component or system, for instance by opening a valve. In basic terms, it is a "mover". It is the mechanism by which a control system acts upon an environment. The control system can be straightforward (a fixed mechanical or electronic system), software-based (for example a printer driver, robot control system), a human, or any other input. An actuator requires a control signal and a source of energy that is generally low energy and might be electric voltage or current, pneumatic or hydraulic pressure, or even human power.
By Application, robotics segment is going to have a lucrative growth during the forecast period. Industries like automotive and electrical & electronics have indicated higher adoption of robots. Other Different sectors such as pharmaceutical, pulp & paper, and food & beverages are expected to incline more towards the utilization of robots by expanding the adoption of robots by small- and medium-sized enterprises. By geography, Asia-Pacific is going to have a lucrative growth during the forecast period. Rising demand for industrial robots and automation in various industrial verticals are a portion of opportunities impacting the growth of the market. This factor is a great opportunity for manufacturers to strengthen their organizations in this region.
Some of the key players in Actuators market include ABB, Rockwell Automation, Altra Industrial Motion, SKF, Curtis Wright (Exlar), Nook Industries, Inc., IMI PLC, Misumi Group Inc., Tolomatic, Macron Dynamics, IAI, Cedrat Technologies, Harmonic Drive LLC, Kollmorgen, DVG Automation, Rotomation, Moog, SMC and Venture Mfg. Co.
Types Covered:
• Rotary Actuators
• Linear Actuators
Actuations Covered:
• Hydraulic
• Electrical
• Mechanical
• Pneumatic
• Other Actuations
Applications Covered:
• Vehicles and Equipment
• Industrial Automation
• Robotics
End Users Covered:
• Electronics & Electrical
• Utilities
• Metals, Mining, and Machinery
• Food & Beverages
• Chemicals, Paper, and Plastics
• Agriculture
• Automotive
• Marine
• Construction
• Oil & Gas
• Household & Entertainment
• Power Generation
• Pharmaceutical & Healthcare
• Water & Wastewater
• Aerospace & Defense
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Actuators Market, By Type
5.1 Introduction
5.2 Rotary Actuators
5.2.1 Piston Type
5.2.2 Bladder & Vane
5.2.3 Motors
5.3 Linear Actuators
5.3.1 Belt Type Linear Actuators
5.3.2 Screw Type Linear Actuators
5.3.3 Rod Type Linear Actuators
6 Global Actuators Market, By Actuation
6.1 Introduction
6.2 Hydraulic
6.3 Electrical
6.4 Mechanical
6.5 Pneumatic
6.6 Other Actuations
6.6.1 Piezoelectric
6.6.2 Hybrid
6.6.3 Thermal
6.6.4 Shape Memory Alloys
6.6.5 Magnetic
7 Global Actuators Market, By Application
7.1 Introduction
7.2 Vehicles and Equipment
7.3 Industrial Automation
7.4 Robotics
7.4.1 Service Robots
7.4.2 Industrial Robots
8 Global Actuators Market, By End User
8.1 Introduction
8.2 Electronics & Electrical
8.3 Utilities
8.4 Metals, Mining, and Machinery
8.5 Food & Beverages
8.6 Chemicals, Paper, and Plastics
8.7 Agriculture
8.8 Automotive
8.9 Marine
8.10 Construction
8.11 Oil & Gas
8.12 Household & Entertainment
8.13 Power Generation
8.14 Pharmaceutical & Healthcare
8.15 Water & Wastewater
8.16 Aerospace & Defense
8.17 Other End Users
9 Global Actuators Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 ABB
11.2 Rockwell Automation
11.3 Altra Industrial Motion
11.4 SKF
11.5 Curtis Wright (Exlar)
11.6 Nook Industries, Inc.
11.7 IMI PLC
11.8 Misumi Group Inc.
11.9 Tolomatic
11.10 Macron Dynamics
11.11 IAI
11.12 Cedrat Technologies
11.13 Harmonic Drive LLC
11.14 Kollmorgen
11.15 DVG Automation
11.16 Rotomation
11.17 Moog
11.18 SMC
11.19 Venture Mfg. Co.
List of Tables
1 Global Actuators Market Outlook, By Region (2017-2027) (US $MN)
2 Global Actuators Market Outlook, By Type (2017-2027) (US $MN)
3 Global Actuators Market Outlook, By Rotary Actuators (2017-2027) (US $MN)
4 Global Actuators Market Outlook, By Piston Type (2017-2027) (US $MN)
5 Global Actuators Market Outlook, By Bladder & Vane (2017-2027) (US $MN)
6 Global Actuators Market Outlook, By Motors (2017-2027) (US $MN)
7 Global Actuators Market Outlook, By Linear Actuators (2017-2027) (US $MN)
8 Global Actuators Market Outlook, By Belt Type Linear Actuators (2017-2027) (US $MN)
9 Global Actuators Market Outlook, By Screw Type Linear Actuators (2017-2027) (US $MN)
10 Global Actuators Market Outlook, By Rod Type Linear Actuators (2017-2027) (US $MN)
11 Global Actuators Market Outlook, By Actuation (2017-2027) (US $MN)
12 Global Actuators Market Outlook, By Hydraulic (2017-2027) (US $MN)
13 Global Actuators Market Outlook, By Electrical (2017-2027) (US $MN)
14 Global Actuators Market Outlook, By Mechanical (2017-2027) (US $MN)
15 Global Actuators Market Outlook, By Pneumatic (2017-2027) (US $MN)
16 Global Actuators Market Outlook, By Other Actuations (2017-2027) (US $MN)
17 Global Actuators Market Outlook, By Piezoelectric (2017-2027) (US $MN)
18 Global Actuators Market Outlook, By Hybrid (2017-2027) (US $MN)
19 Global Actuators Market Outlook, By Thermal (2017-2027) (US $MN)
20 Global Actuators Market Outlook, By Shape Memory Alloys (2017-2027) (US $MN)
21 Global Actuators Market Outlook, By Magnetic (2017-2027) (US $MN)
22 Global Actuators Market Outlook, By Application (2017-2027) (US $MN)
23 Global Actuators Market Outlook, By Vehicles and Equipment (2017-2027) (US $MN)
24 Global Actuators Market Outlook, By Industrial Automation (2017-2027) (US $MN)
25 Global Actuators Market Outlook, By Robotics (2017-2027) (US $MN)
26 Global Actuators Market Outlook, By Service Robots (2017-2027) (US $MN)
27 Global Actuators Market Outlook, By Industrial Robots (2017-2027) (US $MN)
28 Global Actuators Market Outlook, By End User (2017-2027) (US $MN)
29 Global Actuators Market Outlook, By Electronics & Electrical (2017-2027) (US $MN)
30 Global Actuators Market Outlook, By Utilities (2017-2027) (US $MN)
31 Global Actuators Market Outlook, By Metals, Mining, and Machinery (2017-2027) (US $MN)
32 Global Actuators Market Outlook, By Food & Beverages (2017-2027) (US $MN)
33 Global Actuators Market Outlook, By Chemicals, Paper, and Plastics (2017-2027) (US $MN)
34 Global Actuators Market Outlook, By Agriculture (2017-2027) (US $MN)
35 Global Actuators Market Outlook, By Automotive (2017-2027) (US $MN)
36 Global Actuators Market Outlook, By Marine (2017-2027) (US $MN)
37 Global Actuators Market Outlook, By Construction (2017-2027) (US $MN)
38 Global Actuators Market Outlook, By Oil & Gas (2017-2027) (US $MN)
39 Global Actuators Market Outlook, By Household & Entertainment (2017-2027) (US $MN)
40 Global Actuators Market Outlook, By Power Generation (2017-2027) (US $MN)
41 Global Actuators Market Outlook, By Pharmaceutical & Healthcare (2017-2027) (US $MN)
42 Global Actuators Market Outlook, By Water & Wastewater (2017-2027) (US $MN)
43 Global Actuators Market Outlook, By Aerospace & Defense (2017-2027) (US $MN)
44 Global Actuators Market Outlook, By Other End Users (2017-2027) (US $MN)
NOTE: Tables for North America, Europe, Asia Pacific, Middle East & Africa, and South America are represented in the same manner above.
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.