Europe Linear Actuator Market Size, Share & Trends Analysis Report By Operation Mechanism (Electric, Pneumatic, Hydraulic, and Others), By End Use (Automotive, Construction, Energy & Mining, Healthcare, and Others), By Country and Growth Forecast, 2023 - 2030
The Europe Linear Actuator Market would witness market growth of 5.4% CAGR during the forecast period (2023-2030).
Linear actuators, indispensable motion control components, have evolved remarkably, transforming industries through their precision, adaptability, and diverse applications. These dynamic devices, driven by electric, hydraulic, pneumatic, or mechanical mechanisms, facilitate linear motion with unparalleled control. These are indispensable components in the automation of various industries, including manufacturing, healthcare, renewable energy, and consumer electronics.
Moreover, the adoption of linear actuators has witnessed a steady rise, propelled by the relentless pursuit of efficiency, precision, and automation across industries. The manufacturing landscape, in particular, has embraced linear actuators to enhance processes, automate tasks, and optimize overall operational performance. The robust demand from the manufacturing sector is driven by the quest for increased productivity, reduced manual labor, and the imperative of achieving high precision in production processes.
In addition, linear actuators have become integral components within the automotive industry, playing a crucial role in various applications prioritizing controlled and precise linear movement. From enhancing the comfort and convenience of vehicle occupants to contributing to the efficiency of automated manufacturing processes, linear actuators have found diverse applications within the automotive sector.
As per the data from the International Energy Agency, after the surge in 2020, electric vehicle sales in Europe increased by over 65 percent annually to 2.3 million in 2021. Norway (86 percent), Iceland (72 percent), Sweden (43%), and the Netherlands (30 percent) were expected to hold the largest market shares for new electric vehicle sales in Europe in 2021, followed by France (19 percent), Italy (9 percent), and Spain (8%). Thus, with Europe's rising automotive and healthcare sectors, there is a demand for linear actuators in the region.
The Germany market dominated the Europe Linear Actuator Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,655 Million by 2030. The UK market is experiencing a CAGR of 4.5% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 6.2% during (2023 - 2030).
Based on Operation Mechanism, the market is segmented into Electric, Pneumatic, Hydraulic, and Others. Based on End Use, the market is segmented into Automotive, Construction, Energy & Mining, Healthcare, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Emerson Electric Co.
- Rockwell Automation, Inc.
- Parker Hannifin Corporation
- Bosch Rexroth AG (Robert Bosch GmbH)
- SMC Corporation
- AB SKF
- Flowserve Corporation
- LINAK A/S
- HepcoMotion Ltd.
- Thomson Industries, Inc.
By Operation Mechanism
- Electric
- Pneumatic
- Hydraulic
- Others
- Automotive
- Construction
- Energy & Mining
- Healthcare
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Linear Actuator Market, by Operation Mechanism
- 1.4.2 Europe Linear Actuator Market, by End Use
- 1.4.3 Europe Linear Actuator Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
- Chapter 4. Strategies Deployed in Linear Actuator Market
- Chapter 5. Europe Linear Actuator Market, by Operation Mechanism
- 5.1 Europe Electric Market, by Country
- 5.2 Europe Pneumatic Market, by Country
- 5.3 Europe Hydraulic Market, by Country
- 5.4 Europe Others Market, by Country
- Chapter 6. Europe Linear Actuator Market, by End Use
- 6.1 Europe Automotive Market, by Country
- 6.2 Europe Construction Market, by Country
- 6.3 Europe Energy & Mining Market, by Country
- 6.4 Europe Healthcare Market, by Country
- 6.5 Europe Others Market, by Country
- Chapter 7. Europe Linear Actuator Market, by Country
- 7.1 Germany Linear Actuator Market
- 7.1.1 Germany Linear Actuator Market, by Operation Mechanism
- 7.1.2 Germany Linear Actuator Market, by End Use
- 7.2 UK Linear Actuator Market
- 7.2.1 UK Linear Actuator Market, by Operation Mechanism
- 7.2.2 UK Linear Actuator Market, by End Use
- 7.3 France Linear Actuator Market
- 7.3.1 France Linear Actuator Market, by Operation Mechanism
- 7.3.2 France Linear Actuator Market, by End Use
- 7.4 Russia Linear Actuator Market
- 7.4.1 Russia Linear Actuator Market, by Operation Mechanism
- 7.4.2 Russia Linear Actuator Market, by End Use
- 7.5 Spain Linear Actuator Market
- 7.5.1 Spain Linear Actuator Market, by Operation Mechanism
- 7.5.2 Spain Linear Actuator Market, by End Use
- 7.6 Italy Linear Actuator Market
- 7.6.1 Italy Linear Actuator Market, by Operation Mechanism
- 7.6.2 Italy Linear Actuator Market, by End Use
- 7.7 Rest of Europe Linear Actuator Market
- 7.7.1 Rest of Europe Linear Actuator Market, by Operation Mechanism
- 7.7.2 Rest of Europe Linear Actuator Market, by End Use
- Chapter 8. Company Profiles
- 8.1 Emerson Electric Co.
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expense
- 8.1.5 Recent strategies and developments:
- 8.1.5.1 Acquisition and Mergers:
- 8.1.6 SWOT Analysis
- 8.2 Rockwell Automation, Inc.
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 Recent strategies and developments:
- 8.2.5.1 Partnerships, Collaborations, and Agreements:
- 8.2.6 SWOT Analysis
- 8.3 Parker Hannifin Corporation
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Acquisition and Mergers:
- 8.3.6 SWOT Analysis
- 8.4 Bosch Rexroth AG (Robert Bosch GmbH)
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expense
- 8.4.5 Recent strategies and developments:
- 8.4.5.1 Acquisition and Mergers:
- 8.4.6 SWOT Analysis
- 8.5 SMC Corporation
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Research & Development Expenses
- 8.5.4 Recent strategies and developments:
- 8.5.4.1 Product Launches and Product Expansions:
- 8.5.5 SWOT Analysis
- 8.6 AB SKF
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expenses
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Partnerships, Collaborations, and Agreements:
- 8.6.6 SWOT Analysis
- 8.7 Flowserve Corporation
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expense
- 8.7.5 SWOT Analysis
- 8.8 LINAK A/S
- 8.8.1 Company Overview
- 8.8.2 Recent strategies and developments:
- 8.8.2.1 Product Launches and Product Expansions:
- 8.8.3 SWOT Analysis
- 8.9 HepcoMotion Ltd.
- 8.9.1 Company Overview
- 8.9.2 SWOT Analysis
- 8.10. Thomson Industries, Inc.
- 8.10.1 Company Overview
- 8.10.2 SWOT Analysis
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