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Global Actuators Market Opportunities and Forecast 2020-2027

  • DLR2090
  • 02 August, 2021
  • Automobile & Transportation
  • Pages: 120
  • Global
Global Actuators Market By Actuation (Electrical, Pneumatic, Hydraulic, and Others), By Type (Linear Actuators and Rotary Actuators), By Application (Industrial Automation, Robotics, and Vehicles & Equipment), Opportunities And Forecast 2020-2027

Actuators Market Overview

The global Actuators market is expected to grow at a high rate during the forecast period. Fast growing manufacturing and processing industry sector, safety assurance, and less requirement of manual handling have further supported the growth of global actuators market.

The key factors that are driving the actuators market are industrialization and urbanization. There is the huge investment made in the infrastructure and renewal of the plants, which is positively contributing in the growth of the actuators market.

On the other hand, the factor that hampers the market growth is the competitive standards of pricing and the ability of the suppliers to meet the requirements of the consumer.

Covid-19 Impact on Actuators Market:

As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircrafts during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.

Actuators Market Segment Overview

Based on actuation, the market is segmented into Electrical, Pneumatic, Hydraulic, and Others. Among these electric actuators accounted for the largest share in the global actuators market in 2019. Electric actuators are more affordable than other types of actuators and generally benefit from simpler, cleaner, and more energy-efficient power transmission. This market is also expected to grow at the fastest CAGR of during the forecast period.  

Based on type, the global Actuators market is segmented into Linear Actuators and Rotary Actuators. Linear actuators accounted for the largest share in the global actuators in 2019. Linear actuators are used primarily in automation applications. They are used in a wide range of industries where positioning is needed.

Based on application, actuators market segmented into Industrial Automation, Robotics, and Vehicles & Equipment. Industrial automation accounted for the largest share in the global actuators market in 2019. The large share of this market is mainly attributed to increased utilization of automated machinery or systems in manufacturing facilities.

Market Analysis, Insights, and Forecast – By Actuation

·       Electrical
·       Pneumatic
·       Hydraulic
·       Others

Market Analysis, Insights, and Forecast – By Type

·       Linear Actuators
·       Rotary Actuators

Market Analysis, Insights, and Forecast – By Application

·       Industrial Automation
·       Robotics
·       Vehicles & Equipment

Actuators Market Regional Overview

Region-wise, North America dominated the global Actuators market and is expected to continue its dominance during the forecast period. In 2019, Asia-Pacifc accounted for the largest share in the global actuators market in 2019. Asia Pacific. APAC has the highest potential to take the leading position in the actuators market, given the massive surge in IoT technology. IoT has been a major focus in developing countries like India and China, including the establishment of smart cities and other IoT-backed centers. This reguin is also expected grow at fastest CAGR during forecast period..

Actuators Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)

Actuators Market Competitor overview

Some key developments and strategies adopted by manufacturers in Actuators are highlighted below.

·       In February 2020, ABB Ltd. launched xP plus which is used in the paper industry that helps in efficient and flexible induction heating actuator system.

Actuators Market, Key Players

·       ABB
·       Eaton Corporation
·       Emerson Electric
·       Moog
·       Rockwell Automation
·       SKF
·       SMC
·       Venture MFG. Co.
·       Tolomatic
·       Nook Industries, Inc.

Actuators Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Actuators Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights, and Forecast – By Actuation
        • 5.2.1. Electrical
        • 5.2.2. Pneumatic
        • 5.2.3. Hydraulic
        • 5.2.4. Others
      • 5.3. Market Analysis, Insights, and Forecast – By Type
        • 5.3.1. Linear Actuators
        • 5.3.2. Rotary Actuators
      • 5.4. Market Analysis, Insights, and Forecast – By Application
        • 5.4.1. Industrial Automation
        • 5.4.2. Robotics
        • 5.4.3. Vehicles & Equipment
      • 5.5. Market Analysis, Insights and Forecast – By Region
        • 5.5.1. North America
        • 5.5.2. Europe
        • 5.5.3. Asia Pacific
        • 5.5.4. Latin America, Middle East, and Africa

      6. North America Actuators Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights, and Forecast – By Actuation
        • 6.2.1. Electrical
        • 6.2.2. Pneumatic
        • 6.2.3. Hydraulic
        • 6.2.4. Others
      • 6.3. Market Analysis, Insights, and Forecast – By Type
        • 6.3.1. Linear Actuators
        • 6.3.2. Rotary Actuators
      • 6.4. Market Analysis, Insights, and Forecast – By Application
        • 6.4.1. Industrial Automation
        • 6.4.2. Robotics
        • 6.4.3. Vehicles & Equipment
      • 6.5. Market Analysis, Insights and Forecast – By Country
        • 6.5.1. U.S.
        • 6.5.2. Canada

      7. Europe Actuators Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights, and Forecast – By Actuation
        • 7.2.1. Electrical
        • 7.2.2. Pneumatic
        • 7.2.3. Hydraulic
        • 7.2.4. Others
      • 7.3. Market Analysis, Insights, and Forecast – By Type
        • 7.3.1. Linear Actuators
        • 7.3.2. Rotary Actuators
      • 7.4. Market Analysis, Insights, and Forecast – By Application
        • 7.4.1. Industrial Automation
        • 7.4.2. Robotics
        • 7.4.3. Vehicles & Equipment
      • 7.5. Market Analysis, Insights and Forecast – By Country
        • 7.5.1. UK
        • 7.5.2. Germany
        • 7.5.3. France
        • 7.5.4. Italy
        • 7.5.5. Spain
        • 7.5.6. Russia
        • 7.5.7. Rest of Europe

      8. Asia Pacific Actuators Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights, and Forecast – By Actuation
        • 8.2.1. Electrical
        • 8.2.2. Pneumatic
        • 8.2.3. Hydraulic
        • 8.2.4. Others
      • 8.3. Market Analysis, Insights, and Forecast – By Type
        • 8.3.1. Linear Actuators
        • 8.3.2. Rotary Actuators
      • 8.4. Market Analysis, Insights, and Forecast – By Application
        • 8.4.1. Industrial Automation
        • 8.4.2. Robotics
        • 8.4.3. Vehicles & Equipment
      • 8.5. Market Analysis, Insights and Forecast – By Country
        • 8.5.1. China
        • 8.5.2. India
        • 8.5.3. Japan
        • 8.5.4. Australia
        • 8.5.5. South East Asia
        • 8.5.6. Rest of Asia Pacific

      9. Latin America, Middle East, and Africa Actuators Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights, and Forecast – By Actuation
        • 9.2.1. Electrical
        • 9.2.2. Pneumatic
        • 9.2.3. Hydraulic
        • 9.2.4. Others
      • 9.3. Market Analysis, Insights, and Forecast – By Type
        • 9.3.1. Linear Actuators
        • 9.3.2. Rotary Actuators
      • 9.4. Market Analysis, Insights, and Forecast – By Application
        • 9.4.1. Industrial Automation
        • 9.4.2. Robotics
        • 9.4.3. Vehicles & Equipment
      • 9.5. Market Analysis, Insights and Forecast – By Country
        • 9.5.1. Brazil
        • 9.5.2. Saudi Arabia
        • 9.5.3. UAE
        • 9.5.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. ABB Ltd.
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. Eaton Corporation
      • 10.6. Emerson Electric
      • 10.7. Moog
      • 10.8. Rockwell Automation
      • 10.9. SKF
      • 10.10. SMC
      • 10.11. Venture MFG. Co.
      • 10.12. Tolomatic
      List of Figures

      Figure 1: Global Actuators Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
      Figure 2: Global Actuators Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 3: Global Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 4: Global Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 5: Global Actuators Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 6: Global Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 7: Global Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 8: Global Actuators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 9: Global Actuators Market Forecast (USD Billion), by Others, 2016-2027
      Figure 10: Global Actuators Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 11: Global Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 12: Global Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 13: Global Actuators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 14: Global Actuators Market Forecast (USD Billion), by Others, 2016-2027
      Figure 15: Global Actuators Market Value (USD Billion), by Region, 2019 & 2027
      Figure 16: North America Actuators Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 17: North America Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 18: North America Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 19: North America Actuators Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 20: North America Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 21: North America Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 22: North America Actuators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 23: North America Actuators Market Forecast (USD Billion), by Others, 2016-2027
      Figure 24: North America Actuators Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 25: North America Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 26: North America Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 27: North America Actuators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 28: North America Actuators Market Forecast (USD Billion), by Others, 2016-2027
      Figure 29: North America Actuators Market Forecast (USD Billion), by U.S., 2016-2027
      Figure 30: North America Actuators Market Forecast (USD Billion), by Canada, 2016-2027
      Figure 31: Latin America Actuators Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 32: Latin America Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 33: Latin America Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 34: Latin America Actuators Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 35: Latin America Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 36: Latin America Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 37: Latin America Actuators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 38: Latin America Actuators Market Forecast (USD Billion), by Others, 2016-2027
      Figure 39: Latin America Actuators Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 40: Latin America Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 41: Latin America Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 42: Latin America Actuators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 43: Latin America Actuators Market Forecast (USD Billion), by Others, 2016-2027
      Figure 44: Latin America Actuators Market Forecast (USD Billion), by Brazil, 2016-2027
      Figure 45: Latin America Actuators Market Forecast (USD Billion), by Mexico, 2016-2027
      Figure 46: Latin America Actuators Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
      Figure 47: Europe Actuators Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 48: Europe Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 49: Europe Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 50: Europe Actuators Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 51: Europe Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 52: Europe Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 53: Europe Actuators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 54: Europe Actuators Market Forecast (USD Billion), by Others, 2016-2027
      Figure 55: Europe Actuators Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 56: Europe Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 57: Europe Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 58: Europe Actuators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 59: Europe Actuators Market Forecast (USD Billion), by Others, 2016-2027
      Figure 60: Europe Actuators Market Forecast (USD Billion), by U.K., 2016-2027
      Figure 61: Europe Actuators Market Forecast (USD Billion), by Germany, 2016-2027
      Figure 62: Europe Actuators Market Forecast (USD Billion), by France, 2016-2027
      Figure 63: Europe Actuators Market Forecast (USD Billion), by Italy, 2016-2027
      Figure 64: Europe Actuators Market Forecast (USD Billion), by Spain, 2016-2027
      Figure 65: Europe Actuators Market Forecast (USD Billion), by Russia, 2016-2027
      Figure 66: Europe Actuators Market Forecast (USD Billion), by Rest of Europe, 2016-2027
      Figure 67: Asia Pacific Actuators Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 68: Asia Pacific Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 69: Asia Pacific Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 70: Asia Pacific Actuators Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 71: Asia Pacific Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 72: Asia Pacific Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 73: Asia Pacific Actuators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 74: Asia Pacific Actuators Market Forecast (USD Billion), by Others, 2016-2027
      Figure 75: Asia Pacific Actuators Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 76: Asia Pacific Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 77: Asia Pacific Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 78: Asia Pacific Actuators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 79: Asia Pacific Actuators Market Forecast (USD Billion), by Others, 2016-2027
      Figure 80: Asia Pacific Actuators Market Forecast (USD Billion), by China, 2016-2027
      Figure 81: Asia Pacific Actuators Market Forecast (USD Billion), by India, 2016-2027
      Figure 82: Asia Pacific Actuators Market Forecast (USD Billion), by Japan, 2016-2027
      Figure 83: Asia Pacific Actuators Market Forecast (USD Billion), by Australia, 2016-2027
      Figure 84: Asia Pacific Actuators Market Forecast (USD Billion), by Southeast Asia, 2016-2027
      Figure 85: Asia Pacific Actuators Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
      Figure 86: Middle East & Africa Actuators Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 87: Middle East & Africa Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 88: Middle East & Africa Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 89: Middle East & Africa Actuators Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 90: Middle East & Africa Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 91: Middle East & Africa Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 92: Middle East & Africa Actuators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 93: Middle East & Africa Actuators Market Forecast (USD Billion), by Others, 2016-2027
      Figure 94: Middle East & Africa Actuators Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 95: Middle East & Africa Actuators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 96: Middle East & Africa Actuators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 97: Middle East & Africa Actuators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 98: Middle East & Africa Actuators Market Forecast (USD Billion), by Others, 2016-2027
      Figure 99: Middle East & Africa Actuators Market Forecast (USD Billion), by GCC, 2016-2027
      Figure 100: Middle East & Africa Actuators Market Forecast (USD Billion), by South Africa, 2016-2027
      Figure 101: Middle East & Africa Actuators Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
      List of Tables
      Table 1: Global Actuators Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 2: Global Actuators Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 3: Global Actuators Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 4: Global Actuators Market Revenue (USD Billion) Forecast, by Region, 2016-2027
      Table 5: North America Actuators Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 6: North America Actuators Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 7: North America Actuators Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 8: North America Actuators Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 9: Europe Actuators Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 10: Europe Actuators Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 11: Europe Actuators Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 12: Europe Actuators Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 13: Latin America Actuators Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 14: Latin America Actuators Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 15: Latin America Actuators Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 16: Latin America Actuators Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 17: Asia Pacific Actuators Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 18: Asia Pacific Actuators Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 19: Asia Pacific Actuators Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 20: Asia Pacific Actuators Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 21: Middle East & Africa Actuators Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 22: Middle East & Africa Actuators Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 23: Middle East & Africa Actuators Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 24: Middle East & Africa Actuators Market Revenue (USD Billion) Forecast, by Country, 2016-2027

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