Global Actuator Market Growth 2023-2029

Global Actuator Market Growth 2023-2029

This report studies the HVAC Damper Actuators market; Damper Actuators is a device that controls the opening and closing of a damper in an HVAC or heating, ventilation and air conditioning system.
LPI (LP Information)' newest research report, the “Actuator Industry Forecast” looks at past sales and reviews total world Actuator sales in 2022, providing a comprehensive analysis by region and market sector of projected Actuator sales for 2023 through 2029. With Actuator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Actuator industry.
This Insight Report provides a comprehensive analysis of the global Actuator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Actuator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Actuator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Actuator and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Actuator.
The global Actuator market size is projected to grow from US$ 7951.2 million in 2022 to US$ 11020 million in 2029; it is expected to grow at a CAGR of 11020 from 2023 to 2029.
The major players in global Actuator market include Rotork, Auma, Emerson, etc. The top 3 players occupy about 30% shares of the global market. North America and Europe are main markets, they occupy about 60% of the global market. Pneumatic Actuators is the main type, with a share over 60%. Petroleum & Chemical and General Industries are the main applications, which hold a share about 70%.
This report presents a comprehensive overview, market shares, and growth opportunities of Actuator market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Pneumatic Actuators
Hydraulic Actuators
Electric Actuators
Other
Segmentation by application
Petroleum & Chemical
General Industries
Power
Water
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Rotork
Auma
Emerson
Flowserve
ABB
BERNARD
CDF
Chongqing Chuanyi Automation Co., Ltd.
Shanghai Automation Instrumentation Co., Ltd.
Nihon Koso
Koei Industry
Surpass (Shanghai) Automatic Technology Co., Ltd.
Raga Science & Technology Development Co., Ltd.
Tomoe
PS Automation
Yangzhou Hengchun Electronics Co., Ltd.
Zhejiang Tefulong Machinery Group Co., Ltd.
Actuators Co., Ltd. Yangzhou Autuo Ke
Key Questions Addressed in this Report
What is the 10-year outlook for the global Actuator market?
What factors are driving Actuator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Actuator market opportunities vary by end market size?
How does Actuator break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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