According to our (Global Info Research) latest study, the global Electric Actuator market size was valued at US$ 2676 million in 2024 and is forecast to a readjusted size of USD 3298 million by 2031 with a CAGR of 3.1% during review period.
An electric actuator is a device that uses electrical energy to produce mechanical movement. It is typically used in systems that require precise control and automation. Electric actuators convert electrical energy (usually from motors or solenoids) into linear or rotary motion to perform tasks such as opening valves, adjusting position, or driving mechanical components in various applications.
The electric actuator market has been growing rapidly due to advancements in automation, energy efficiency, and demand for precision control in various industries. Electric actuators are increasingly being adopted across sectors such as manufacturing, automotive, aerospace, robotics, energy, and healthcare. As industries continue to move towards digitalization and automation, the need for electric actuators to facilitate these transformations is rising. Below is an overview of the electric actuator market, its key drivers, challenges, and trends. The growing trend of industrial automation and smart factories is one of the primary factors driving the electric actuator market. Electric actuators are integral components in automation systems, allowing for precise movement and control, often integrated with sensors, controllers, and other automation technologies. Electric actuators are more energy-efficient compared to pneumatic and hydraulic actuators, especially in systems where precise control is needed. As industries push for greater energy efficiency and sustainability, electric actuators become a preferred option. Continued innovations in materials, design, and controller systems have improved the performance and capabilities of electric actuators. These include more compact designs, higher force capabilities, and the ability to handle harsher environments, broadening their use in a variety of applications. The integration of electric actuators into smart, connected systems (through IoT technologies) allows for real-time monitoring and remote control. This trend is especially prominent in industries like HVAC, automotive, and smart homes. The renewable energy sector, particularly wind and solar power, increasingly relies on electric actuators for turbine and panel positioning, energy storage systems, and grid integration. As renewable energy adoption grows, so does the demand for actuators in these applications. As urbanization increases, particularly in emerging economies, there is rising demand for automation in infrastructure projects, such as smart buildings, water treatment plants, and transportation systems, driving the use of electric actuators.
This report is a detailed and comprehensive analysis for global Electric Actuator market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Electric Actuator market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Electric Actuator market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Electric Actuator market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Electric Actuator market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electric Actuator
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electric Actuator market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Emerson, Rotork, Auma, Flowserve, ABB, Chuanyi Automation, BERNARD, Valmet, Nihon Koso, Changzhou Power Station Auxiliary Equipment, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electric Actuator market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Linear Electric Actuator
Multi-turn Electric Actuator
Quarter-turn Electric Actuator
Market segment by Application
Oil & Gas
General Industries
Power
Water
Major players covered
Emerson
Rotork
Auma
Flowserve
ABB
Chuanyi Automation
BERNARD
Valmet
Nihon Koso
Changzhou Power Station Auxiliary Equipment
Tefulong
Hengchun
HKC
SAIC
Raga
Soupaishi Automation Technology
Itork
Koei Industry
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Actuator product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Actuator, with price, sales quantity, revenue, and global market share of Electric Actuator from 2020 to 2025.
Chapter 3, the Electric Actuator competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Actuator breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Electric Actuator market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Actuator.
Chapter 14 and 15, to describe Electric Actuator sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook