Global Linear Electric Actuators Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Linear Electric Actuators market size was valued at USD 1070 million in 2023 and is forecast to a readjusted size of USD 1365.1 million by 2030 with a CAGR of 3.5% during review period.
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.
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.
The Global Info Research report includes an overview of the development of the Linear Electric Actuators industry chain, the market status of Power Industry (AC Motors, DC Motors), Oil & Gas Industry (AC Motors, DC Motors), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Linear Electric Actuators.
Regionally, the report analyzes the Linear Electric Actuators markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Linear Electric Actuators market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Linear Electric Actuators market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Linear Electric Actuators industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., AC Motors, DC Motors).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Linear Electric Actuators market.
Regional Analysis: The report involves examining the Linear Electric Actuators market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Linear Electric Actuators market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Linear Electric Actuators:
Company Analysis: Report covers individual Linear Electric Actuators manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Linear Electric Actuators This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Power Industry, Oil & Gas Industry).
Technology Analysis: Report covers specific technologies relevant to Linear Electric Actuators. It assesses the current state, advancements, and potential future developments in Linear Electric Actuators areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Linear Electric Actuators market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Linear Electric 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.
Market segment by Type
AC Motors
DC Motors
Market segment by Application
Power Industry
Oil & Gas Industry
General Industry
Others
Major players covered
Rotork
Auma
Flowserve
Emerson
ABB
BERNARD
SNNA
Biffi
Tomoe
Nihon Koso
Tefulong
CDF
SAIC
Aotuo Ke
Chuanyi Automation
Zhonghuan TIG
SIG
PS Automation
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 Linear Electric Actuators product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Linear Electric Actuators, with price, sales, revenue and global market share of Linear Electric Actuators from 2019 to 2024.
Chapter 3, the Linear Electric Actuators competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Linear Electric 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 application, with sales market share and growth rate by type, 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 2017 to 2023.and Linear Electric Actuators market forecast, by regions, type and 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 Linear Electric Actuators.
Chapter 14 and 15, to describe Linear Electric Actuators sales channel, distributors, customers, research findings and conclusion.