The global Electric Actuator market size is predicted to grow from US$ 2605 million in 2025 to US$ 3171 million in 2031; it is expected to grow at a CAGR of 3.3% from 2025 to 2031.
An electric actuator is a device that uses electrical energy to produce mechanical movement. It is typically used in systems that require precise control and automation. Electric actuators convert electrical energy (usually from motors or solenoids) into linear or rotary motion to perform tasks such as opening valves, adjusting position, or driving mechanical components in various applications.
The electric actuator market has been growing rapidly due to advancements in automation, energy efficiency, and demand for precision control in various industries. Electric actuators are increasingly being adopted across sectors such as manufacturing, automotive, aerospace, robotics, energy, and healthcare. As industries continue to move towards digitalization and automation, the need for electric actuators to facilitate these transformations is rising. Below is an overview of the electric actuator market, its key drivers, challenges, and trends. The growing trend of industrial automation and smart factories is one of the primary factors driving the electric actuator market. Electric actuators are integral components in automation systems, allowing for precise movement and control, often integrated with sensors, controllers, and other automation technologies. Electric actuators are more energy-efficient compared to pneumatic and hydraulic actuators, especially in systems where precise control is needed. As industries push for greater energy efficiency and sustainability, electric actuators become a preferred option. Continued innovations in materials, design, and controller systems have improved the performance and capabilities of electric actuators. These include more compact designs, higher force capabilities, and the ability to handle harsher environments, broadening their use in a variety of applications. The integration of electric actuators into smart, connected systems (through IoT technologies) allows for real-time monitoring and remote control. This trend is especially prominent in industries like HVAC, automotive, and smart homes. The renewable energy sector, particularly wind and solar power, increasingly relies on electric actuators for turbine and panel positioning, energy storage systems, and grid integration. As renewable energy adoption grows, so does the demand for actuators in these applications. As urbanization increases, particularly in emerging economies, there is rising demand for automation in infrastructure projects, such as smart buildings, water treatment plants, and transportation systems, driving the use of electric actuators.
LP Information, Inc. (LPI) ' newest research report, the “Electric Actuator Industry Forecast” looks at past sales and reviews total world Electric Actuator sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Actuator sales for 2025 through 2031. With Electric Actuator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Actuator industry.
This Insight Report provides a comprehensive analysis of the global Electric 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 Electric Actuator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Actuator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric 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 Electric Actuator.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Actuator market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Linear Electric Actuator
Multi-turn Electric Actuator
Quarter-turn Electric Actuator
Segmentation by Application:
Oil & Gas
General Industries
Power
Water
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 analysing the company's coverage, product portfolio, its market penetration.
Emerson
Rotork
Auma
Flowserve
ABB
Chuanyi Automation
BERNARD
Valmet
Nihon Koso
Changzhou Power Station Auxiliary Equipment
Tefulong
Hengchun
HKC
SAIC
Raga
Soupaishi Automation Technology
Itork
Koei Industry
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Actuator market?
What factors are driving Electric Actuator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Actuator market opportunities vary by end market size?
How does Electric Actuator break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook