Global Motorized Linear Actuators Market Growth 2023-2029

Global Motorized Linear Actuators Market Growth 2023-2029

Motorized linear actuators convert the rotary motion of an alternating current (AC) or direct current (DC) motor into linear motion. Linear motion is produced by the motor rotating the screw of the push rod. Turning the screw clockwise or counterclockwise moves the shaft up and down in a straight line, creating a push/pull effect on the load. Electric linear actuators can be used wherever a machine is pushing, pulling, lifting, roughly positioning or rotating a load. Electric linear actuators can also move safely and completely, with accurate motion control, full operator control, and low or no maintenance requirements. It is the best solution for medical, industrial, workplace and household applications.

LPI (LP Information)' newest research report, the “Motorized Linear Actuators Industry Forecast” looks at past sales and reviews total world Motorized Linear Actuators sales in 2022, providing a comprehensive analysis by region and market sector of projected Motorized Linear Actuators sales for 2023 through 2029. With Motorized Linear Actuators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Motorized Linear Actuators industry.

This Insight Report provides a comprehensive analysis of the global Motorized Linear Actuators 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 Motorized Linear Actuators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Motorized Linear Actuators market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Motorized Linear Actuators 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 Motorized Linear Actuators.

The global Motorized Linear Actuators market size is projected to grow from US$ 6907.4 million in 2022 to US$ 9408 million in 2029; it is expected to grow at a CAGR of 9408 from 2023 to 2029.

Global key players of motorized linear actuators include Parker, Emerson, LINAK, THK, ABB, etc. Global top five manufacturers hold a share over 18%. The key players are mainly located in Europe, North America, China, Taiwan (China) and Japan. In terms of product, pneumatic linear actuator is the largest segment, with a share over 60%. And in terms of application, the largest application is indutrial, with a share over 37%.

This report presents a comprehensive overview, market shares, and growth opportunities of Motorized Linear Actuators market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Pneumatic Linear Actuator
Hydraulic Linear Actuator
Electric Linear Actuator

Segmentation by application
Medical
Automotive
Industrial
Others

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.
Parker
Emerson
LINAK
THK
ABB
SKF
IAI
Honeywell
Auma
Tsubakimoto Chain
Kollmorgen
Moteck Electric
Chiaphua Components
NSK Americas
Physik Instrumente
Thorlabs
Nook Industries
Zaber
TiMOTION Technology
Progressive Automations
Actuonix Motion Devices

Key Questions Addressed in this Report

What is the 10-year outlook for the global Motorized Linear Actuators market?

What factors are driving Motorized Linear Actuators market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Motorized Linear Actuators market opportunities vary by end market size?

How does Motorized Linear Actuators break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.