Electric Actuator Market (Product Type: Liner Actuator, Rotary Actuator, and Hybrid Actuator) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031
Electric Actuator Market – Scope of Report
TMR’s report on the global electric actuator market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global electric actuator market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global electric actuator market from 2023 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the electric actuator market.
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global electric actuator market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global electric actuator market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global electric actuator market.
The report delves into the competitive landscape of the global electric actuator market. Key players operating in the global electric actuator market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global electric actuator market profiled in this report.
Key Questions Answered in Global Electric Actuator Market Report
- What is the sales/revenue generated by electric actuator across all regions during the forecast period?
- What are the opportunities in the global electric actuator market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2031?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
The comprehensive report on the global electric actuator market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global electric actuator market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global electric actuator market.
- 1. Preface
- 1.1. Market Definition and Scope
- 1.2. Market Segmentation
- 1.3. Key Research Objectives
- 1.4. Research Highlights
- 2. Assumptions
- 3. Research Methodology
- 4. Executive Summary
- 5. Market Overview
- 5.1. Introduction
- 5.2. Market Dynamics
- 5.2.1. Drivers
- 5.2.2. Restraints
- 5.2.3. Opportunities
- 5.3. Key Trends Analysis
- 5.3.1. Demand Side Analysis
- 5.3.2. Supply Side Analysis
- 5.4. Regulations & Guidelines
- 5.5. Key Market Indicators
- 5.5.1. Overall Actuator Market Industry Overview
- 5.6. Covid-19 Impact Analysis
- 5.7. Technological Overview
- 5.8. Porter’s Five Forces Analysis
- 5.9. Value Chain Analysis
- 5.10. Industry SWOT Analysis
- 5.11. Global Electric Actuator Market Analysis and Forecast, 2017 - 2031
- 5.11.1. Market Revenue Projection (US$ Bn)
- 5.11.2. Market Revenue Projection (Thousand Units)
- 6. Global Electric Actuator Market Analysis and Forecast, By Product Type
- 6.1. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
- 6.1.1. Rotary Actuator
- 6.1.2. Linear Actuator
- 6.1.3. Hybrid Actuator
- 6.2. Incremental Opportunity, By Product Type
- 7. Global Electric Actuator Market Analysis and Forecast, By End-use Industry
- 7.1. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
- 7.1.1. Oil & Gas
- 7.1.2. Agriculture
- 7.1.3. Food & Beverage
- 7.1.4. Aerospace & Defense
- 7.1.5. Automotive
- 7.1.6. Energy
- 7.1.7. Others
- 7.2. Incremental Opportunity, By End-use Industry
- 8. Global Electric Actuator Market Analysis and Forecast, By Distribution Channel
- 8.1. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
- 8.1.1. Direct Sales
- 8.1.2. Indirect Sales
- 8.2. Incremental Opportunity, By Distribution Channel
- 9. Global Electric Actuator Market Analysis and Forecast, By Region
- 9.1. Electric Actuator Market Size (US$ Bn and Thousand Units), By Region, 2017 - 2031
- 9.1.1. North America
- 9.1.2. Europe
- 9.1.3. Asia Pacific
- 9.1.4. Middle East & Africa
- 9.1.5. South America
- 9.2. Global Incremental Opportunity, by Region
- 10. North America Electric Actuator Market Analysis and Forecast
- 10.1. Regional Snapshot
- 10.2. Key Supplier Analysis
- 10.3. Key Trend Analysis
- 10.4. Price Trend Analysis
- 10.4.1. Weighted Average Price
- 10.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
- 10.5.1. Rotary Actuator
- 10.5.2. Linear Actuator
- 10.5.3. Hybrid Actuator
- 10.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
- 10.6.1. Oil & Gas
- 10.6.2. Agriculture
- 10.6.3. Food & Beverage
- 10.6.4. Aerospace & Defense
- 10.6.5. Automotive
- 10.6.6. Energy
- 10.6.7. Others
- 10.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
- 10.7.1. Direct Sales
- 10.7.2. Indirect Sales
- 10.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031
- 10.8.1. U.S.
- 10.8.2. Canada
- 10.8.3. Rest of North America
- 10.9. Incremental Opportunity Analysis
- 11. Europe Electric Actuator Market Analysis and Forecast
- 11.1. Regional Snapshot
- 11.2. Key Supplier Analysis
- 11.3. Key Trend Analysis
- 11.4. Price Trend Analysis
- 11.4.1. Weighted Average Price
- 11.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
- 11.5.1. Rotary Actuator
- 11.5.2. Linear Actuator
- 11.5.3. Hybrid Actuator
- 11.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
- 11.6.1. Oil & Gas
- 11.6.2. Agriculture
- 11.6.3. Food & Beverage
- 11.6.4. Aerospace & Defense
- 11.6.5. Automotive
- 11.6.6. Energy
- 11.6.7. Others
- 11.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
- 11.7.1. Direct Sales
- 11.7.2. Indirect Sales
- 11.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031
- 11.8.1. U.K.
- 11.8.2. Germany
- 11.8.3. France
- 11.8.4. Rest of Europe
- 11.9. Incremental Opportunity Analysis
- 12. Asia Pacific Electric Actuator Market Analysis and Forecast
- 12.1. Regional Snapshot
- 12.2. Key Supplier Analysis
- 12.3. Key Trend Analysis
- 12.4. Price Trend Analysis
- 12.4.1. Weighted Average Price
- 12.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
- 12.5.1. Rotary Actuator
- 12.5.2. Linear Actuator
- 12.5.3. Hybrid Actuator
- 12.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
- 12.6.1. Oil & Gas
- 12.6.2. Agriculture
- 12.6.3. Food & Beverage
- 12.6.4. Aerospace & Defense
- 12.6.5. Automotive
- 12.6.6. Energy
- 12.6.7. Others
- 12.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
- 12.7.1. Direct Sales
- 12.7.2. Indirect Sales
- 12.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031
- 12.8.1. India
- 12.8.2. China
- 12.8.3. Japan
- 12.8.4. Rest of Asia Pacific
- 12.9. Incremental Opportunity Analysis
- 13. Middle East & Africa Electric Actuator Market Analysis and Forecast
- 13.1. Regional Snapshot
- 13.2. Key Supplier Analysis
- 13.3. Key Trend Analysis
- 13.4. Price Trend Analysis
- 13.4.1. Weighted Average Price
- 13.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
- 13.5.1. Rotary Actuator
- 13.5.2. Linear Actuator
- 13.5.3. Hybrid Actuator
- 13.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
- 13.6.1. Oil & Gas
- 13.6.2. Agriculture
- 13.6.3. Food & Beverage
- 13.6.4. Aerospace & Defense
- 13.6.5. Automotive
- 13.6.6. Energy
- 13.6.7. Others
- 13.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
- 13.7.1. Direct Sales
- 13.7.2. Indirect Sales
- 13.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031
- 13.8.1. GCC
- 13.8.2. South Africa
- 13.8.3. Rest of Middle East & Africa
- 13.9. Incremental Opportunity Analysis
- 14. South America Electric Actuator Market Analysis and Forecast
- 14.1. Regional Snapshot
- 14.2. Key Supplier Analysis
- 14.3. Key Trend Analysis
- 14.4. Price Trend Analysis
- 14.4.1. Weighted Average Price
- 14.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
- 14.5.1. Rotary Actuator
- 14.5.2. Linear Actuator
- 14.5.3. Hybrid Actuator
- 14.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
- 14.6.1. Oil & Gas
- 14.6.2. Agriculture
- 14.6.3. Food & Beverage
- 14.6.4. Aerospace & Defense
- 14.6.5. Automotive
- 14.6.6. Energy
- 14.6.7. Others
- 14.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
- 14.7.1. Direct Sales
- 14.7.2. Indirect Sales
- 14.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031
- 14.8.1. Brazil
- 14.8.2. Rest of South America
- 14.9. Incremental Opportunity Analysis
- 15. Competition Landscape
- 15.1. Market Player - Competition Dashboard
- 15.2. Market Share Analysis (%)-2022
- 15.3. Company Profiles (Details - Company Overview, Sales Area/Geographical Presence, Product Portfolio, Manufacturing Location, Revenue, Strategy & Business Process Overview)
- 15.3.1. ABB
- 15.3.1.1. Company Overview
- 15.3.1.2. Sales Area/Geographical Presence
- 15.3.1.3. Product Portfolio
- 15.3.1.4. Manufacturing Location
- 15.3.1.5. Revenue
- 15.3.1.6. Strategy & Business Process Overview
- 15.3.2. Actuonix Motion Devices Inc.
- 15.3.2.1. Company Overview
- 15.3.2.2. Sales Area/Geographical Presence
- 15.3.2.3. Product Portfolio
- 15.3.2.4. Manufacturing Location
- 15.3.2.5. Revenue
- 15.3.2.6. Strategy & Business Process Overview
- 15.3.3. Regal Rexnord
- 15.3.3.1. Company Overview
- 15.3.3.2. Sales Area/Geographical Presence
- 15.3.3.3. Product Portfolio
- 15.3.3.4. Manufacturing Location
- 15.3.3.5. Revenue
- 15.3.3.6. Strategy & Business Process Overview
- 15.3.4. AUMA Riester GmbH & Co. KG
- 15.3.4.1. Company Overview
- 15.3.4.2. Sales Area/Geographical Presence
- 15.3.4.3. Product Portfolio
- 15.3.4.4. Manufacturing Location
- 15.3.4.5. Revenue
- 15.3.4.6. Strategy & Business Process Overview
- 15.3.5. Curtiss-Wright Corporation
- 15.3.5.1. Company Overview
- 15.3.5.2. Sales Area/Geographical Presence
- 15.3.5.3. Product Portfolio
- 15.3.5.4. Manufacturing Location
- 15.3.5.5. Revenue
- 15.3.5.6. Strategy & Business Process Overview
- 15.3.6. Kollmorgen
- 15.3.6.1. Company Overview
- 15.3.6.2. Sales Area/Geographical Presence
- 15.3.6.3. Product Portfolio
- 15.3.6.4. Manufacturing Location
- 15.3.6.5. Revenue
- 15.3.6.6. Strategy & Business Process Overview
- 15.3.7. Emerson Electric Co.
- 15.3.7.1. Company Overview
- 15.3.7.2. Sales Area/Geographical Presence
- 15.3.7.3. Product Portfolio
- 15.3.7.4. Manufacturing Location
- 15.3.7.5. Revenue
- 15.3.7.6. Strategy & Business Process Overview
- 15.3.8. General Electric
- 15.3.8.1. Company Overview
- 15.3.8.2. Sales Area/Geographical Presence
- 15.3.8.3. Product Portfolio
- 15.3.8.4. Manufacturing Location
- 15.3.8.5. Revenue
- 15.3.8.6. Strategy & Business Process Overview
- 15.3.9. MecVel Srl
- 15.3.9.1. Company Overview
- 15.3.9.2. Sales Area/Geographical Presence
- 15.3.9.3. Product Portfolio
- 15.3.9.4. Manufacturing Location
- 15.3.9.5. Revenue
- 15.3.9.6. Strategy & Business Process Overview
- 15.3.10. Moog Inc.
- 15.3.10.1. Company Overview
- 15.3.10.2. Sales Area/Geographical Presence
- 15.3.10.3. Product Portfolio
- 15.3.10.4. Manufacturing Location
- 15.3.10.5. Revenue
- 15.3.10.6. Strategy & Business Process Overview
- 16. Key Takeaway
- 16.1. Identification of Potential Market Spaces
- 16.1.1. By Product Type
- 16.1.2. By End-use Industry
- 16.1.3. By Distribution Channel
- 16.1.4. By Region
- 16.2. Understanding Procurement Process of End-users
- 16.3. Prevailing Market Risks
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