Global Electric Linear Actuators Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Electric Linear Actuators Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Electric Linear Actuators are electrically powered, mechanical devices consisting of motors, linear guides, and drive mechanisms, which are used to convert electrical energy into linear displacement through mechanical transmission, electro-magnetism, or thermal expansion to provide straight line push/pull motion. Key specifications include the intended application, drive type, motor type, the mounting configuration, as well as other physical dimensions and electrical characteristics. Electric linear actuators are used primarily in automation applications when a machine component, tool, etc. requires a controlled movement to a particular position. They are used in a wide range of industries where linear positioning is needed. The actuators are driven by several means including ball or lead screws, belts, or voice coils, among others. Typical applications include opening and closing dampers, locking doors, braking machine motions, etc.

According to our (Global Info Research) latest study, the global Electric Linear Actuators market size was valued at US$ 1126 million in 2023 and is forecast to a readjusted size of USD 1546 million by 2030 with a CAGR of 4.7% during review period.

North America is the largest Electric Linear Actuators market with about 32% market share. Europe is follower, accounting for about 28% market share.

The key players are THK, IAI, Parker, TiMOTION, LINAK, ABB, SKF, Chiaphua Components, Moteck Electric, Honeywell, Auma etc. Top 3 companies occupied about 43% market share.

This report is a detailed and comprehensive analysis for global Electric Linear Actuators 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 2024, are provided.

Key Features:

Global Electric Linear Actuators market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Electric Linear Actuators market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Electric Linear Actuators market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Electric Linear Actuators market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024

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 Linear Actuators

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 Linear Actuators 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 THK, IAI, Parker, TiMOTION, LINAK, ABB, SKF, Chiaphua Components, Moteck Electric, Honeywell, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Electric Linear Actuators market is split by Type and by Application. For the period 2019-2030, 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
DC Electric Linear Actuators
AC Electric Linear Actuators

Market segment by Application
Industrial
Medical
Commercial

Major players covered
THK
IAI
Parker
TiMOTION
LINAK
ABB
SKF
Chiaphua Components
Moteck Electric
Honeywell
Auma

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 Linear Actuators product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electric Linear Actuators, with price, sales quantity, revenue, and global market share of Electric Linear Actuators from 2019 to 2024.

Chapter 3, the Electric Linear Actuators competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electric Linear Actuators breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

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 2019 to 2030.

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 2019 to 2024.and Electric Linear Actuators market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

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 Linear Actuators.

Chapter 14 and 15, to describe Electric Linear Actuators sales channel, distributors, customers, research findings and conclusion.