Actuator market

monicanerkar

Actuator market by Type (Pneumatic Actuators, Hydraulic Actuators, Electric Actuators and Mechanical Actuators), By End-User (Automotive, Oil & Gas, Aerospace & Defence, Pharmaceutical, Power, Food & Beverages, Chemicals, Water & Wastewater and Mining & Metals) by Region (Americas, Europe, Asia Pacific and Middle East & Africa) - Global Forecast to 2025.

Actuator 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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Actuator market Forecast To 2025

Actuator market Forecast To 2025

As per Market Research Future (MRFR)’s analysis, the global Actuator 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 Actuator 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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Actuator 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 Actuator market Forecast To 2025”

• The rising investments in technological innovations is prognosticated to unleash new growth opportunities into

the Actuator market over the next few years.

• The growing demand for lightweight components is anticipated to propel the expansion of the Actuator market

across the assessment period. The standard fuel emission norms are projected to favor the expansion of the

Actuator market in the upcoming years. However, the pricing policies of the components is anticipated to check

the expansion of the Actuator market in the foreseeable future.


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Actuator market Forecast To 2025

Global Actuator market Segmented on the basis of

By type, the global Actuator 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 Actuator 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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Actuator market Forecast To 2025

Global Actuator market - Geographical Analysis

The global Actuator 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 Actuator 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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Actuator market Forecast To 2025

Global Actuator market - Competitive Analysis

• Some of the key players operating in the Actuator 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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