Global Linear Actuators Market 2023-2029

Global Linear Actuators Market 2023-2029

The two primary types of actuators are commonly referred to as rotary and linear. Rotary actuators turn an object by a few degrees in a circular motion-which could be limited or an infinite number. Linear actuators, on the other hand, move an object along a straight line, generally in back and forth motion. The linear actuator combines guidance, drive and mounting interface all within the same unit. Each actuator will have its own capabilities with respect to positioning accuracy, speed, stroke, etc. Thus, it is possible to specify a complete movement solution in a single component. In this way installation time and complexity is greatly reduced and concerns on system performance are eliminated. Linear actuators are used in machine tools, industrial material machinery, computer peripherals, and even valves and dampers. According to the latest data, the market size of the global linear actuators sector is expected to rise by USD 12.1 billion with a CAGR of 5.7% by the end of 2029.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global linear actuators market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, end user, and region. The global market for linear actuators can be segmented by type: electric, hydraulic, pneumatic, others. The electric actuator segment is estimated to account for the largest share of the global linear actuators market. Linear actuators market is further segmented by end user: automotive, chemicals, energy and power, food and beverages, mining and metallurgy, oil and gas, pulp and paper, water and wastewater treatment, others. The oil and gas segment held the largest revenue share in 2022. Based on region, the linear actuators market is segmented into: North America, Europe, Asia-Pacific, Rest of the World (RoW). Globally, Europe made up the largest share of the linear actuators market.

Market Segmentation

By type: electric, hydraulic, pneumatic, others

By end user: automotive, chemicals, energy and power, food and beverages, mining and metallurgy, oil and gas, pulp and paper, water and wastewater treatment, others

By region: North America, Europe, Asia-Pacific, Rest of the World (RoW)

The report has also analysed the competitive landscape of the global linear actuators market with some of the key players being ABB Limited, Actuonix Motion Devices Inc., AUMA Riester GmbH & Co. KG, Camozzi Automation S.p.A., Emerson Electric Co., Ewellix AB, Festo AG & Co. KG, Flowserve Corporation, General Electric Company, IMI plc, Joyce/Dayton Corp., Moog Inc., Parker-Hannifin Corporation, PHD, Inc., Rockwell Automation Inc., Rotork plc, Siemens AG, SMC Corporation, The Curtiss-Wright Corporation, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

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Scope of the Report

• To analyze and forecast the market size of the global linear actuators market.
• To classify and forecast the global linear actuators market based on type, end user, region.
• To identify drivers and challenges for the global linear actuators market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global linear actuators market.
• To identify and analyze the profile of leading players operating in the global linear actuators market.

• Gain a reliable outlook of the global linear actuators market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.