Global 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 Regional Outlook and Forecast, 2023 - 2030
The Global Linear Actuator Market size is expected to reach $27 billion by 2030, rising at a market growth of 6.1% CAGR during the forecast period.
Linear actuators enable precise and controlled movement, allowing caregivers to adjust the positioning of patients for comfort and medical care. Thus, the healthcare segment acquired $2,250.0 million in 2022. Linear actuators play a crucial role in diagnostic devices requiring precise movement. For instance, they may be used in positioning imaging equipment components such as X-ray machines, CT scanners, and MRI machines.
Automation involves using various machines and systems to perform tasks with minimal human intervention. It provides controlled and precise movement to different components in automated systems. These are employed in robotic systems, conveyor belts, and other machinery to facilitate smooth and accurate motion, contributing to overall automation efficiency. Additionally, Solar tracking systems utilize linear actuators to modify the placement of solar panels in order to achieve an optimal daily orientation toward the sun. By using linear actuators, solar tracking systems can follow the sun's path, maximizing the exposure of solar panels to sunlight and improving energy efficiency. In the field of wind energy, linear actuators are utilized in the control systems of wind turbines. These actuators are responsible for adjusting the pitch angle of wind turbine blades. By precisely controlling the pitch angle, wind turbines can optimize their performance in varying wind conditions, improving energy capture and overall efficiency. Moreover, linear actuators designed for renewable energy applications are often built to withstand challenging environmental conditions, including exposure to sunlight, wind, and temperature variations. Therefore, these factors will lead to increased demand in the market.
However, the initial investment required for acquiring high-precision or advanced linear actuator systems can represent a substantial portion of a company's capital expenditure. This can deter businesses, especially smaller enterprises with limited financial resources. Smaller businesses often operate on tighter budgets compared to larger corporations. The relatively high upfront costs of advanced linear actuators may limit the accessibility of such technology for smaller enterprises, impacting their ability to invest in automation or improved machinery. This choice might be driven by the desire to keep initial costs down, even sacrificing some advanced features. Hence, these factors can restrain the demand for linear actuators in the upcoming years.
By Operation Mechanism Analysis
Based on operation mechanism, the market is segmented into pneumatic, hydraulic, electric, and others. The pneumatic segment held a considerable revenue share in the market in 2022. Pneumatic linear actuators are well-regarded for their rapid response and high-speed operation. Industries prioritizing quick and efficient linear motion, such as manufacturing and automation, have increasingly favored pneumatic actuators to enhance operational processes. Owing to these factors, there will be increased demand in the segment.
By End Use Analysis
Based on end use, the market is divided into automotive, construction, energy & mining, healthcare, and others. The healthcare segment recorded a considerable revenue share in the market in 2022. The heightened requirement for respiratory support devices and ventilators precipitated an upsurge in the demand for linear actuators. These actuators were essential components in precise movement control and adjustments in respiratory equipment, ensuring optimal functionality and patient care. Linear actuators found extensive use in patient handling systems, contributing to the development of adjustable beds, patient lifts, and transfer devices. These systems aimed to improve patient comfort, ease of caregiving, and overall healthcare operational efficiency. These factors will boost the demand in the segment.
By Regional Analysis
By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment procured the highest revenue share in the market in 2022. The Asia Pacific’s industrial landscape witnessed a growing emphasis on automation across various sectors. Industries such as manufacturing, automotive, and healthcare increasingly adopted automated systems, driving the demand for linear actuators to facilitate precise and controlled movements in various applications. Therefore, the segment will grow rapidly in the upcoming years.
Recent Strategies Deployed in the Market
- Nov-2023: SMC Corporation introduced three new product categories, a product portfolio including a pressure regulator and two linear actuators to regulate movement in pneumatic and electrical systems alike. The new product line includes the IITV23 Series Manifold Regulator, LET-X11 Large Belt Drive Electric Actuator, and MXH2 Compact Pneumatic Slide for regulating movement in pneumatic and electrical systems alike.
- Oct-2023: Emerson Electric Co. took over Afag Holding, a Swiss-based company specializing in automation solutions and assembly technology. Through this acquisition, Emerson would be able to strengthen its position in factory automation, forming a prominent motion portfolio by integrating Afag's electric linear motion solutions with Emerson's pneumatic motion technology.
- Aug-2023: Emerson Electric Co. acquired Flexim, a provider of ultrasonic flow meters and process analytics solutions for various industries. Under this acquisition, Emerson would introduce innovative solutions, by combining Emerson's extensive measurement suite with Flexim's cutting-edge technology, thereby amplifying the value delivered to customers across diverse industries.
- Jul-2023: AB SKF signed a collaboration with ABB, a multinational technology company specializing in robotics, automation, and power solutions. Through this collaboration, ABB and SKF would identify and evaluate solutions to enhance manufacturing capabilities and bolster clients' heightened production efficiency.
- Feb-2023: Bosch Rexroth AG, a subsidiary company of Robert Bosch GmbH took over HydraForce, a leading manufacturer of hydraulic cartridge valves and manifold systems for mobile and industrial applications. Through this acquisition, both companies would provide a range of compact hydraulic products. Moreover, HydraForce's specialization in mechanical and electrical cartridge valves and hydraulic integrated circuits (HIC) would enhance and complement Bosch Rexroth's existing portfolio.
- Sep-2022: Parker Hannifin Corporation took over Meggitt PLC, a British engineering company specializing in aerospace, defense, and energy markets, providing high-performance components and subsystems. Through this acquisition, Parker and Meggitt would jointly offer customers a diverse range of solutions for the worldwide aerospace industry.
- 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
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Global Linear Actuator Market, by Operation Mechanism
- 1.4.2 Global Linear Actuator Market, by End Use
- 1.4.3 Global Linear Actuator Market, by Geography
- 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. Global Linear Actuator Market, by Operation Mechanism
- 5.1 Global Electric Market, by Region
- 5.2 Global Pneumatic Market, by Region
- 5.3 Global Hydraulic Market, by Region
- 5.4 Global Others Market, by Region
- Chapter 6. Global Linear Actuator Market, by End Use
- 6.1 Global Automotive Market, by Region
- 6.2 Global Construction Market, by Region
- 6.3 Global Energy & Mining Market, by Region
- 6.4 Global Healthcare Market, by Region
- 6.5 Global Others Market, by Region
- Chapter 7. Global Linear Actuator Market, by Region
- 7.1 North America Linear Actuator Market
- 7.1.1 North America Linear Actuator Market, by Operation Mechanism
- 7.1.1.1 North America Electric Market, by Country
- 7.1.1.2 North America Pneumatic Market, by Country
- 7.1.1.3 North America Hydraulic Market, by Country
- 7.1.1.4 North America Others Market, by Country
- 7.1.2 North America Linear Actuator Market, by End Use
- 7.1.2.1 North America Automotive Market, by Country
- 7.1.2.2 North America Construction Market, by Country
- 7.1.2.3 North America Energy & Mining Market, by Country
- 7.1.2.4 North America Healthcare Market, by Country
- 7.1.2.5 North America Others Market, by Country
- 7.1.3 North America Linear Actuator Market, by Country
- 7.1.3.1 US Linear Actuator Market
- 7.1.3.1.1 US Linear Actuator Market, by Operation Mechanism
- 7.1.3.1.2 US Linear Actuator Market, by End Use
- 7.1.3.2 Canada Linear Actuator Market
- 7.1.3.2.1 Canada Linear Actuator Market, by Operation Mechanism
- 7.1.3.2.2 Canada Linear Actuator Market, by End Use
- 7.1.3.3 Mexico Linear Actuator Market
- 7.1.3.3.1 Mexico Linear Actuator Market, by Operation Mechanism
- 7.1.3.3.2 Mexico Linear Actuator Market, by End Use
- 7.1.3.4 Rest of North America Linear Actuator Market
- 7.1.3.4.1 Rest of North America Linear Actuator Market, by Operation Mechanism
- 7.1.3.4.2 Rest of North America Linear Actuator Market, by End Use
- 7.2 Europe Linear Actuator Market
- 7.2.1 Europe Linear Actuator Market, by Operation Mechanism
- 7.2.1.1 Europe Electric Market, by Country
- 7.2.1.2 Europe Pneumatic Market, by Country
- 7.2.1.3 Europe Hydraulic Market, by Country
- 7.2.1.4 Europe Others Market, by Country
- 7.2.2 Europe Linear Actuator Market, by End Use
- 7.2.2.1 Europe Automotive Market, by Country
- 7.2.2.2 Europe Construction Market, by Country
- 7.2.2.3 Europe Energy & Mining Market, by Country
- 7.2.2.4 Europe Healthcare Market, by Country
- 7.2.2.5 Europe Others Market, by Country
- 7.2.3 Europe Linear Actuator Market, by Country
- 7.2.3.1 Germany Linear Actuator Market
- 7.2.3.1.1 Germany Linear Actuator Market, by Operation Mechanism
- 7.2.3.1.2 Germany Linear Actuator Market, by End Use
- 7.2.3.2 UK Linear Actuator Market
- 7.2.3.2.1 UK Linear Actuator Market, by Operation Mechanism
- 7.2.3.2.2 UK Linear Actuator Market, by End Use
- 7.2.3.3 France Linear Actuator Market
- 7.2.3.3.1 France Linear Actuator Market, by Operation Mechanism
- 7.2.3.3.2 France Linear Actuator Market, by End Use
- 7.2.3.4 Russia Linear Actuator Market
- 7.2.3.4.1 Russia Linear Actuator Market, by Operation Mechanism
- 7.2.3.4.2 Russia Linear Actuator Market, by End Use
- 7.2.3.5 Spain Linear Actuator Market
- 7.2.3.5.1 Spain Linear Actuator Market, by Operation Mechanism
- 7.2.3.5.2 Spain Linear Actuator Market, by End Use
- 7.2.3.6 Italy Linear Actuator Market
- 7.2.3.6.1 Italy Linear Actuator Market, by Operation Mechanism
- 7.2.3.6.2 Italy Linear Actuator Market, by End Use
- 7.2.3.7 Rest of Europe Linear Actuator Market
- 7.2.3.7.1 Rest of Europe Linear Actuator Market, by Operation Mechanism
- 7.2.3.7.2 Rest of Europe Linear Actuator Market, by End Use
- 7.3 Asia Pacific Linear Actuator Market
- 7.3.1 Asia Pacific Linear Actuator Market, by Operation Mechanism
- 7.3.1.1 Asia Pacific Electric Market, by Country
- 7.3.1.2 Asia Pacific Pneumatic Market, by Country
- 7.3.1.3 Asia Pacific Hydraulic Market, by Country
- 7.3.1.4 Asia Pacific Others Market, by Country
- 7.3.2 Asia Pacific Linear Actuator Market, by End Use
- 7.3.2.1 Asia Pacific Automotive Market, by Country
- 7.3.2.2 Asia Pacific Construction Market, by Country
- 7.3.2.3 Asia Pacific Energy & Mining Market, by Country
- 7.3.2.4 Asia Pacific Healthcare Market, by Country
- 7.3.2.5 Asia Pacific Others Market, by Country
- 7.3.3 Asia Pacific Linear Actuator Market, by Country
- 7.3.3.1 China Linear Actuator Market
- 7.3.3.1.1 China Linear Actuator Market, by Operation Mechanism
- 7.3.3.1.2 China Linear Actuator Market, by End Use
- 7.3.3.2 Japan Linear Actuator Market
- 7.3.3.2.1 Japan Linear Actuator Market, by Operation Mechanism
- 7.3.3.2.2 Japan Linear Actuator Market, by End Use
- 7.3.3.3 India Linear Actuator Market
- 7.3.3.3.1 India Linear Actuator Market, by Operation Mechanism
- 7.3.3.3.2 India Linear Actuator Market, by End Use
- 7.3.3.4 South Korea Linear Actuator Market
- 7.3.3.4.1 South Korea Linear Actuator Market, by Operation Mechanism
- 7.3.3.4.2 South Korea Linear Actuator Market, by End Use
- 7.3.3.5 Australia Linear Actuator Market
- 7.3.3.5.1 Australia Linear Actuator Market, by Operation Mechanism
- 7.3.3.5.2 Australia Linear Actuator Market, by End Use
- 7.3.3.6 Malaysia Linear Actuator Market
- 7.3.3.6.1 Malaysia Linear Actuator Market, by Operation Mechanism
- 7.3.3.6.2 Malaysia Linear Actuator Market, by End Use
- 7.3.3.7 Rest of Asia Pacific Linear Actuator Market
- 7.3.3.7.1 Rest of Asia Pacific Linear Actuator Market, by Operation Mechanism
- 7.3.3.7.2 Rest of Asia Pacific Linear Actuator Market, by End Use
- 7.4 LAMEA Linear Actuator Market
- 7.4.1 LAMEA Linear Actuator Market, by Operation Mechanism
- 7.4.1.1 LAMEA Electric Market, by Country
- 7.4.1.2 LAMEA Pneumatic Market, by Country
- 7.4.1.3 LAMEA Hydraulic Market, by Country
- 7.4.1.4 LAMEA Others Market, by Country
- 7.4.2 LAMEA Linear Actuator Market, by End Use
- 7.4.2.1 LAMEA Automotive Market, by Country
- 7.4.2.2 LAMEA Construction Market, by Country
- 7.4.2.3 LAMEA Energy & Mining Market, by Country
- 7.4.2.4 LAMEA Healthcare Market, by Country
- 7.4.2.5 LAMEA Others Market, by Country
- 7.4.3 LAMEA Linear Actuator Market, by Country
- 7.4.3.1 Brazil Linear Actuator Market
- 7.4.3.1.1 Brazil Linear Actuator Market, by Operation Mechanism
- 7.4.3.1.2 Brazil Linear Actuator Market, by End Use
- 7.4.3.2 Argentina Linear Actuator Market
- 7.4.3.2.1 Argentina Linear Actuator Market, by Operation Mechanism
- 7.4.3.2.2 Argentina Linear Actuator Market, by End Use
- 7.4.3.3 UAE Linear Actuator Market
- 7.4.3.3.1 UAE Linear Actuator Market, by Operation Mechanism
- 7.4.3.3.2 UAE Linear Actuator Market, by End Use
- 7.4.3.4 Saudi Arabia Linear Actuator Market
- 7.4.3.4.1 Saudi Arabia Linear Actuator Market, by Operation Mechanism
- 7.4.3.4.2 Saudi Arabia Linear Actuator Market, by End Use
- 7.4.3.5 South Africa Linear Actuator Market
- 7.4.3.5.1 South Africa Linear Actuator Market, by Operation Mechanism
- 7.4.3.5.2 South Africa Linear Actuator Market, by End Use
- 7.4.3.6 Nigeria Linear Actuator Market
- 7.4.3.6.1 Nigeria Linear Actuator Market, by Operation Mechanism
- 7.4.3.6.2 Nigeria Linear Actuator Market, by End Use
- 7.4.3.7 Rest of LAMEA Linear Actuator Market
- 7.4.3.7.1 Rest of LAMEA Linear Actuator Market, by Operation Mechanism
- 7.4.3.7.2 Rest of LAMEA 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
- Chapter 9. Winning imperatives of Linear Actuator Market
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