Actuators Market by System (Electric Actuator, Hydraulic Actuator, Mechanical Actuator), Types (Linear Actuators, Rotary Actuators), Vehicle Type, Applications - Global Forecast 2023-2030

Actuators Market by System (Electric Actuator, Hydraulic Actuator, Mechanical Actuator), Types (Linear Actuators, Rotary Actuators), Vehicle Type, Applications - Global Forecast 2023-2030


The Actuators Market is projected to reach USD 123.20 billion by 2030 from USD 59.18 billion in 2022, at a CAGR of 9.59% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Actuators Market.
  • Based on System, market is studied across Electric Actuator, Hydraulic Actuator, Mechanical Actuator, and Pneumatic Actuator. The Mechanical Actuator is projected to witness significant market share during forecast period.
  • Based on Types, market is studied across Linear Actuators and Rotary Actuators. The Linear Actuators is projected to witness significant market share during forecast period.
  • Based on Vehicle Type, market is studied across Commercial Vehicle, Electric Vehicles, and Passenger Vehicle. The Passenger Vehicle is projected to witness significant market share during forecast period.
  • Based on Applications, market is studied across Coolant & Refrigerant Systems, HVAC Systems, Turbochargers, and Variable Valve Technology. The Coolant & Refrigerant Systems is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Actuators Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Actuators Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Actuators Market, highlighting leading vendors and their innovative profiles. These include Actuonix Motion Devices Inc., Altra Industrial Motion Corp., AUMA Riester GmbH & Co. KG, Curtiss-Wright Corporation, Eaton Corporation PLC, Emerson Electric Co., Ewellix GmbH, Festo AG & Co. KG, General Electric Company, Honeywell International Inc., KITZ Corporation, Metalcraft of Mayville Inc., MISUMI Group Inc., Parker Hannifin Corporation, Rockwell Automation, Inc., Rotork PLC, SAMSON AG, Schlumberger Limited, SMC Corporation of America, TEXPETROL, Inc., and Tolomatic, Inc..

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Actuators Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Actuators Market?
  3. What is the competitive strategic window for identifying opportunities in the Actuators Market?
  4. What are the latest technology trends and regulatory frameworks in the Actuators Market?
  5. What is the market share of the leading vendors in the Actuators Market?
  6. Which modes and strategic moves are suitable for entering the Actuators Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Actuators Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising investments for process automation
5.1.1.2. Increasing number of new air travelers and aircraft deliveries
5.1.1.3. Increasing investment in oil & gas industry
5.1.2. Restraints
5.1.2.1. High cost associated with actuators
5.1.3. Opportunities
5.1.3.1. Rising development of smart cities
5.1.3.2. Increasing advancement in information technology, nanotechnology, and biotechnology
5.1.4. Challenges
5.1.4.1. Issues related to power consumption, noise, and leaks
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Actuators Market, by System
6.1. Introduction
6.2. Electric Actuator
6.3. Hydraulic Actuator
6.4. Mechanical Actuator
6.5. Pneumatic Actuator
7. Actuators Market, by Types
7.1. Introduction
7.2. Linear Actuators
7.3. Rotary Actuators
8. Actuators Market, by Vehicle Type
8.1. Introduction
8.2. Commercial Vehicle
8.3. Electric Vehicles
8.4. Passenger Vehicle
9. Actuators Market, by Applications
9.1. Introduction
9.2. Coolant & Refrigerant Systems
9.3. HVAC Systems
9.4. Turbochargers
9.5. Variable Valve Technology
10. Americas Actuators Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Actuators Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Actuators Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Actuonix Motion Devices Inc.
14.1.2. Altra Industrial Motion Corp.
14.1.3. AUMA Riester GmbH & Co. KG
14.1.4. Curtiss-Wright Corporation
14.1.5. Eaton Corporation PLC
14.1.6. Emerson Electric Co.
14.1.7. Ewellix GmbH
14.1.8. Festo AG & Co. KG
14.1.9. General Electric Company
14.1.10. Honeywell International Inc.
14.1.11. KITZ Corporation
14.1.12. Metalcraft of Mayville Inc.
14.1.13. MISUMI Group Inc.
14.1.14. Parker Hannifin Corporation
14.1.15. Rockwell Automation, Inc.
14.1.16. Rotork PLC
14.1.17. SAMSON AG
14.1.18. Schlumberger Limited
14.1.19. SMC Corporation of America
14.1.20. TEXPETROL, Inc.
14.1.21. Tolomatic, Inc.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing

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