Actuators Market

Actuators Market Research Report By
Forecast 2025
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2025
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)

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Actuators Market Forecast To 2025
Actuators Market Forecast To 2025
As per Market Research Future (MRFR)’s analysis, the global actuators market is poised to expand at a CAGR of 5.23%
during the forecast period. The growth of the automotive sector is likely to influence the expansion of the market
positively through the assessment period. In addition, the shift witnessed towards the electric cars is also expected
to expedite the growth of the actuators market over the next couple of Years.
The boosted sales of passenger cars and commercial vehicles is anticipated to augment the market size and valuation
in the years to come.

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Actuators Market Forecast To 2025
“Taste the market data and market information presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content
TOC & market synopsis on Internet of Actuators Market Forecast To 2025”
• The rising investments in technological innovations is prognosticated to unleash new growth opportunities into
the actuators market over the next few years.
• The growing demand for lightweight components is anticipated to propel the expansion of the actuators market
across the assessment period. The standard fuel emission norms are projected to favor the expansion of the
actuators market in the upcoming years. However, the pricing policies of the components is anticipated to check
the expansion of the actuators market in the foreseeable future.

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Actuators Market Forecast To 2025
Global Actuators Market Segmented on the basis of
By type, the global actuators market has been segmented into market has been segmented as pneumatic,
electric, hydraulic, mechanical, and others. Among these, the electric segment presently accounts for the
maximum share of the global market and is projected to strike the highest CAGR of 5.61% during the
review period. The growth of the segment can be ascribed to the cost effectiveness of the electric
actuators.
By End-User, the actuators market has been segmented into automotive, oil & gas, aerospace & defense,
pharmaceutical, power, food & beverages, chemicals, water & wastewater and mining & metals. Among
these, the automotive segment has the dominant share of the market and is poised to strike a relatively
higher CAGR of 6.11% during the forecast period. The rising demand for automobiles is likely to influence
the expansion of the segment positively.

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Actuators Market Forecast To 2025
Global Actuators Market - Geographical Analysis
The global actuators market, by region, has been segmented into Americas, Europe, Asia Pacific and the Middle
East & Africa. Asia Pacific exhibits tremendous potential for growth and is poised to expand significantly over the
assessment period. The regional market is expected to strike a relatively higher CAGR of 5.93% during the
projection period. The growth of the automotive sector in the major country-level markets such as India, China,
Japan, etc. are expected to boost the growth trajectory of the actuators market in the region. Furthermore, the
consolidation of manufacturing facilities in the region is anticipated to augment the market across the review
period. The availability of low-cost labor and comparatively simpler norms are encouraging the establishment of
these plants in the region. Meanwhile, Americas is anticipated to register a CAGR of 5.21% over the next couple of
years. The rising investments in research & developments is likely to have a favorable impact on the expansion of
the market.
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Actuators Market Forecast To 2025
Global Actuators Market - Competitive Analysis
• Some of the key players operating in the actuators market are Eaton Corporation plc (Ireland), The Emerson
Electric Company (U.S.), Schlumberger company (U.S.), Festo AG & Co. KG (Germany), Honeywell International Inc.
(U.S.), SAMSON AG (Germany), KITZ Corporation (Japan), Flowserve Corporation (U.S.), Rotork plc. (Japan), and
SMC Corporation (Japan).
Industry News:
• In January 2019, Eicher Trucks & Buses, part of VE Commercial Vehicles, has announced the launch of 16-tonne
truck with Automated Manual Transmission (AMT) technology. The truck is equipped with Intelligent Shift Control
Actuator.
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