US Electric Actuators for Marine and Defense Industry 2023-2027

Electric Actuators for Marine and Defense Industry Market in US 2023-2027

Technavio has been monitoring the electric actuators for marine and defense industry market in the US and is forecast to grow by$188.03 mnduring 2022-2027, accelerating at a CAGR of 5.44% during the forecast period. Our report on the electric actuators for marine and defense industry market in the US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for aircraft and government expenditure in defense sector, increasing use of electric actuators in industrial robots and automation, and growing demand for smart actuators.

Technavio's electric actuators for marine and defense industry market in US is segmented as below:

By Type

• Linear Actuator
• Rotary Actuator

By Application

• Vehicle and equipment
• Industrial automation
• Robotics

This study identifies product launches as one of the prime reasons driving the electric actuators for marine and defense industry market growth in the US during the next few years. Also, strategic partnerships and acquisitions and growing popularity of integrated linear actuators will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the electric actuators for marine and defense industry market in US covers the following areas:

• Electric actuators for marine and defense industry market sizing
• Electric actuators for marine and defense industry market forecast
• Electric actuators for marine and defense industry market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric actuators for marine and defense industry market in us vendors that include AMETEK Inc., Arkwin Industries Inc., AUMA Riester GmbH and Co. KG, Bray International Inc., Creative Motion Control, Curtiss Wright Corp., Emerson Electric Co., Honeywell International Inc., Kyntronics Inc., LINAK AS, Moog Inc., Parker Hannifin Corp., Rotork Plc, Schlumberger Ltd., TAMAGAWA SEIKI Co. Ltd., Thomson Industries Inc., TiMOTION Technology Co. Ltd., Ultra Motion LLC, Venture Mfg Co., and Triumph Group Inc. Also, the electric actuators for marine and defense industry market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.