Electric Actuators Market for Marine and Defense Industry in US 2024-2028

Electric Actuators Market For Marine And Defense Industry In US 2024-2028


The electric actuators market for marine and defense industry in US is forecasted to grow by USD 190.84 mn during 2023-2028, accelerating at a CAGR of 5.27% during the forecast period. The report on the electric actuators market for marine and defense industry in 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 market for marine and defense industry in US is segmented as below:

By Type
  • Linear actuator
  • Rotary actuator
By Application
  • Vehicle and equipment
  • Industrial automation
  • Robotics
By Material
  • Steel
  • Plastic
This study identifies the new product launches by vendors as one of the prime reasons driving the electric actuators market for marine and defense industry in US growth during the next few years. Also, strategic partnerships and acquisitions and the growing popularity of integrated linear actuators will lead to sizable demand in the market.

The report on the electric actuators market for marine and defense industry in US covers the following areas:
  • Electric actuators market for marine and defense industry in US sizing
  • Electric actuators market for marine and defense industry in US forecast
  • Electric actuators market for marine and defense industry in US industry analysis
The 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 market for marine and defense industry 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., Triumph Group Inc., Ultra Motion LLC, and Venture Mfg Co.. Also, the electric actuators market for marine and defense industry 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.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through 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. The 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.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Country Market Characteristics
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Market Segmentation by Material
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US: Year-over-year growth 2023-2028 (%)
      • Table Data Table on US: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Electric actuators market for marine and defense industry in US 2018 - 2022
      • Table Historic Market Size – Data Table on electric actuators market for marine and defense industry in US 2018 - 2022 ($ million)
    • Type Segment Analysis 2018 - 2022
      • Table Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • Material Segment Analysis 2018 - 2022
      • Table Historic Market Size – Material Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2023-2028 (%)
      • Table Data Table on Type - Market share 2023-2028 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Linear actuator - Market size and forecast 2023-2028
      • Table Chart on Linear actuator - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Linear actuator - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Linear actuator - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Linear actuator - Year-over-year growth 2023-2028 (%)
    • Rotary actuator - Market size and forecast 2023-2028
      • Table Chart on Rotary actuator - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Rotary actuator - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Rotary actuator - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Rotary actuator - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ million)
      • Table Data Table on Market opportunity by Type ($ million)
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Vehicle and equipment - Market size and forecast 2023- 2028
      • Table Chart on Vehicle and equipment - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Vehicle and equipment - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Vehicle and equipment - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Vehicle and equipment - Year-over-year growth 2023-2028 (%)
    • Industrial automation - Market size and forecast 2023- 2028
      • Table Chart on Industrial automation - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Industrial automation - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Industrial automation - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Industrial automation - Year-over-year growth 2023-2028 (%)
    • Robotics - Market size and forecast 2023-2028
      • Table Chart on Robotics - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Robotics - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Robotics - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Robotics - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
      • Table Data Table on Market opportunity by Application ($ million)
  • Market Segmentation by Material
    • Market segments
      • Table Chart on Material - Market share 2023-2028 (%)
      • Table Data Table on Material - Market share 2023-2028 (%)
    • Comparison by Material
      • Table Chart on Comparison by Material
      • Table Data Table on Comparison by Material
    • Steel - Market size and forecast 2023-2028
      • Table Chart on Steel - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Steel - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Steel - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Steel - Year-over-year growth 2023-2028 (%)
    • Plastic - Market size and forecast 2023-2028
      • Table Chart on Plastic - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Plastic - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Plastic - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Plastic - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Material
      • Table Market opportunity by Material ($ million)
      • Table Data Table on Market opportunity by Material ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growing demand for aircraft and government expenditure in defense sector
      • Increasing use of electric actuators in industrial robots and automation
      • Growing demand for smart actuators
    • Market challenges
      • Risk from faulty and loosely insulated electric actuators and their malfunctions
      • Fluctuating raw material prices
      • High initial setup cost for end-users of electric actuators
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • New product launches by vendors
      • Strategic partnerships and acquisitions
      • Growing popularity of integrated linear actuators
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • AMETEK Inc.
      • Table AMETEK Inc. - Overview
      • Table AMETEK Inc. - Business segments
      • Table AMETEK Inc. - Key offerings
      • Table AMETEK Inc. - Segment focus
    • AUMA Riester GmbH and Co. KG
      • Table AUMA Riester GmbH and Co. KG - Overview
      • Table AUMA Riester GmbH and Co. KG - Product / Service
      • Table AUMA Riester GmbH and Co. KG - Key offerings
    • Bray International Inc.
      • Table Bray International Inc. - Overview
      • Table Bray International Inc. - Product / Service
      • Table Bray International Inc. - Key offerings
    • Creative Motion Control
      • Table Creative Motion Control - Overview
      • Table Creative Motion Control - Product / Service
      • Table Creative Motion Control - Key offerings
    • Curtiss Wright Corp.
      • Table Curtiss Wright Corp. - Overview
      • Table Curtiss Wright Corp. - Business segments
      • Table Curtiss Wright Corp. - Key offerings
      • Table Curtiss Wright Corp. - Segment focus
    • Emerson Electric Co.
      • Table Emerson Electric Co. - Overview
      • Table Emerson Electric Co. - Business segments
      • Table Emerson Electric Co. - Key news
      • Table Emerson Electric Co. - Key offerings
      • Table Emerson Electric Co. - Segment focus
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Key news
      • Table Honeywell International Inc. - Key offerings
      • Table Honeywell International Inc. - Segment focus
    • LINAK AS
      • Table LINAK AS - Overview
      • Table LINAK AS - Product / Service
      • Table LINAK AS - Key offerings
    • Moog Inc.
      • Table Moog Inc. - Overview
      • Table Moog Inc. - Business segments
      • Table Moog Inc. - Key offerings
      • Table Moog Inc. - Segment focus
    • Parker Hannifin Corp.
      • Table Parker Hannifin Corp. - Overview
      • Table Parker Hannifin Corp. - Business segments
      • Table Parker Hannifin Corp. - Key news
      • Table Parker Hannifin Corp. - Key offerings
      • Table Parker Hannifin Corp. - Segment focus
    • Rotork Plc
      • Table Rotork Plc - Overview
      • Table Rotork Plc - Business segments
      • Table Rotork Plc - Key offerings
      • Table Rotork Plc - Segment focus
    • Schlumberger Ltd.
      • Table Schlumberger Ltd. - Overview
      • Table Schlumberger Ltd. - Business segments
      • Table Schlumberger Ltd. - Key news
      • Table Schlumberger Ltd. - Key offerings
      • Table Schlumberger Ltd. - Segment focus
    • TAMAGAWA SEIKI Co. Ltd.
      • Table TAMAGAWA SEIKI Co. Ltd. - Overview
      • Table TAMAGAWA SEIKI Co. Ltd. - Product / Service
      • Table TAMAGAWA SEIKI Co. Ltd. - Key offerings
    • Thomson Industries Inc.
      • Table Thomson Industries Inc. - Overview
      • Table Thomson Industries Inc. - Product / Service
      • Table Thomson Industries Inc. - Key offerings
    • TiMOTION Technology Co. Ltd.
      • Table TiMOTION Technology Co. Ltd. - Overview
      • Table TiMOTION Technology Co. Ltd. - Product / Service
      • Table TiMOTION Technology Co. Ltd. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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