Technological advancements in actuators, increased investments in process automation across end-use verticals, and increase in the number of aircraft deliveries are the key factors driving the growth of the actuators market. However, volatility in the oil & gas market is one of the restraints for the actuators market during the forecast period.
Based on type, the linear actuator segment is estimated to account for the largest share of the actuators market in 2018. the growth of this segment of the market can be attributed to the significant growth in the automotive industry. Linear actuators are used primarily in automation applications in a wide range of industries where machine components and tools, among others require linear positioning.
The report offers detailed coverage of Actuators industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Actuators by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Actuators market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Actuators market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
ABB
Cameron
Eaton
Emerson
Festo AG
Flowserve
Honeywell
Moog
Parker Hannifin
Pentair
Rotork
SMC
At the same time, we classify Actuators according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Linear Actuators
Rod Type Actuators
Market by Application
Automotive
Aerospace
Defense
Marine
Industrial
Oil & Gas
Healthcare
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Actuators market for the forecast period 2021 - 2025?
• What are the driving forces in the Actuators market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Actuators industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?