Actuators Market: Trend Analysis, Market Scenario, and Forecast 2027

Actuators Market was valued at 36.80 Bn. USD in 2020. Rotary Compressors, one of the segments reviewed in our report is dominating the Global Actuators Market.

Actuators Market Overview:

A device that moves or regulates a machine is known as an actuator. An actuator is a device that converts a control signal into mechanical action, such as the rotation of an electric motor. Actuators can be hydraulic, pneumatic, electric, thermal, or mechanical, but software is increasingly being used to control them. An actuator is a device that connects a control system to its surroundings. Electric current, hydraulic fluid, or pneumatic pressure can all be used to power actuators. The control signal in embedded systems comes from a software-programmed microcontroller. Device drivers are programmes that transfer data to a peripheral device like a printer. While actuators are normally used to generate circular motion, they can also be used to transform circular motion into linear motion using screws and wheel-and-axle systems. A rack and pinion system is an example of the latter. Actuators Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the Market from 2021 to 2027. 2020’s Market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the Market through 2027. 2020 is a year of exception and analyzed specially with the impact of lockdown by region.

Actuators Market Dynamics:

The demand for precision positioning applications has had a significant impact on precision actuator research and development. With the capability of a broad working stroke, high-accuracy, and resolution (micro/nano range) combined with the advantages of faster response, higher stiffness, and actuation force, piezoelectric actuators have significantly satisfied the requirement of precision positioning to a greater extent over the years. The goal of this article is to highlight the most recent advancements in piezoelectric actuator technology. Robotics and mechatronics are likely to rely heavily on actuators. For example, a new form of actuator with a high power-to-weight ratio and high efficiency has emerged as a game-changer in the development of human-friendly robots. According to SEIC, the number of fields in which actuators are used has grown in recent years, and although traditional actuators were only required to rotate swiftly, strongly, efficiently, and precisely, the requirements for new actuators have grown in quantity and variety as well. There has been a significant investment in infrastructure and facility modernization, which is helping to drive the actuators industry forward. In the next years, factors such as technological advancements, rising population, manufacturing plant automation, and natural resource extraction from difficult places will act as market growth drivers. Many sectors are compelled to automate operations in order to promote efficiency, safety, and accuracy in manufacturing. In recent years, there has been an increase in demand for remote monitoring, which has aided the expansion of the actuators market. Actuators Market 1 Agriculture, household and entertainment, construction, electronics and electrical, maritime, aerospace and defense, chemicals, paper and plastics, oil and gas, food and beverage, and healthcare are just a few of the industries that employ actuators. Linear actuators play an essential role in our daily lives. Material handling, robotics, food and beverage processing, window automation, cutting equipment, agricultural machinery, solar panel and valve operations, and non-industrial applications all employ them. A linear actuator converts a motor's rotational motion to a straight movement. Electric motors typically travel in a circle, whereas linear actuators move backwards. Actuators market growth may be hampered by challenges such as competitive price standards and suppliers' capacity to match consumer demands. In the developing market, smart water management technology is likely to give opportunities for industry expansion. These novel actuators place significant demands on the design of electronic systems and power amplifier stages. To obtain flight-worthy goods, extremely efficient and dependable electronics are required. There is a trend for miniaturization in active optics, fine instrumentation, robotic missions, micro-satellites, UAVs, and MAVs in the space and military areas, which has a direct impact on actuators. Due to their ability to supply high energy density and meet both extreme and diverse requirements, a new generation of compact and smart actuators, such as piezoelectric actuators and magnetic actuators, are responding to this trend. Electrical actuators are included in the majority of luxury vehicles. They produce less heat, produce less noise, have a better design, and can be installed in a variety of ways. Furthermore, because they are battery-powered, they can generate higher torque while being compact and lightweight, making them an excellent alternative to traditional actuators. Actuators are made easier to operate by advanced electrical circuitry and well-designed software. Window lifts, power tailgate drive, seat adjustment, and sunroof drive all require electric actuators.

Actuators Market Segmentation:

Linear Actuators are dominating the market in terms of sales:

Linear actuators play an essential role in our daily lives. Material handling, robotics, food and beverage processing, window automation, cutting equipment, agricultural machinery, solar panel and valve operations, and non-industrial applications all employ them. A linear actuator converts a motor's rotational motion to a straight movement. Electric motors typically move in a circle, whereas linear actuators travel in a straight line. The machine's push and pull capability allows it to slide, tip, and lift objects by simply pressing a button. Linear actuators are in charge of moving loads from one location to the next. According to SEICL data, linear actuators accounted for 23.70 Bn. USD in year 2020 owing to high reliability and increasing mobility offered by linear actuators. Actuators Market 2

Electric Actuators are dominating the market in terms of sales:

The replacement of pneumatic actuators with electromechanical actuators is another industry trend that has been continuously growing. Many machine designers want electromechanical actuators' controllability, repeatability, and efficiency combined with pneumatic actuators' speed and reliability. The Servo Cylinder was created as a brushless dc actuator with top speeds exceeding 14 in. /sec, strong acceleration capability, and bigger mechanical components to meet these demands. Moreover, increasing influence of automated products across the end user industries including healthcare, pharmaceuticals, Defense and manufacturing is the key factor driving the segment growth. Hydraulic and pneumatic actuators have their fair share in the market owing to high applicability of the products in automotive, consumer goods and other sectors. Hydraulic actuators are heavily replaced by electric actuators as a result of automation across manufacturing sector. According to European Semiconductor Committee Report (ESCR), hydraulic actuators are declining by YOY rate of 5.22% from year 2019.

Actuators Market Trends:

1. IC Actuators: Intelligent Movement Sensors:

Actuators with an integrated controller (IC) do not require an external control box or relays, making installation a breeze. IC actuators provide a variety of feedback options, as well as simple control solutions, end-of-stroke in/out signals, customisation, and actuator monitoring options. Parallel movement and integrated BUS communication are also possible.

2. Increasing Deck Load Functions:

A thorough examination of the existing market reveals that deck-load mobile robots are the most popular. Moving unit loads, such as pallets, cartons, or shelves, is a common task. Mobile robots are increasingly being used as a form of flexible, mobile conveyer appropriate for the factory of the future, in addition to taking over the traditional transport work from point A to point B. moreover, increasing investment of key players in the market for particular management system integration is the key factor driving the trend of deck loading.

3. Relative position sensing:

Relative placement is a sort of count-based feedback, similar to climbing a ladder and calculating your position by the number of rungs you have gripped rather than simply glancing down. This is mostly beneficial in applications where power is applied continuously, as it prevents the actuator from moving a few millimetres when power is turned off, resulting in the loss of accurate position feedback. If this happens, the actuator will need to be re-calibrated by moving to the physical end of the stroke (inwards or outwards).

APAC is dominating the Actuators Market:

In 2020, the Asia Pacific region is considered to account for 48.2% of the actuators market. The actuators market in Japan, China, India, South Korea, Taiwan, and the rest of Asia Pacific has been investigated in MMR report for detailed regional outlook. In the Asia Pacific area, industries are constantly updating their capacities, necessitating machinery with new and innovative actuators. China and Japan are spending heavily in robotics and automation in order to achieve a tactical advantage in the field of robotics and process automation. This is a fantastic potential for actuator makers in the Asia Pacific region to expand. North America is second dominating region across the globe owing to increasing penetration of automation and electric actuation practices by various key players and end users in the region. Moreover, the manufacturing and semiconductor industry in North America and particularly USA is going through semiconductor emergence and hence the factor is considered to drive the demand for the product. The objective of the report is to present a comprehensive analysis of the Actuators Market to the stakeholders in the industry. The past and current status of the industry with the forecasted Market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include Market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Actuators Market dynamics, structure by analyzing the Market segments and project the Actuators Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Actuators Market make the report investor’s guide.

Actuators Market Scope: Inquire before buying

Actuators Market 4

Actuators Market, by region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Actuators Market Key Players

Eaton Corporation plc. • Actuonix Motion Devices • Tolomatic, Inc. • Festo AG & Co. KG • AVK Holdings A/S. • Flowserve Corporations, • Tyco International Ltd • Schlumberger Limited, • KITZ Corporation • Burkert Fluid Control Systems • Emerson Electric Co., • Honeywell Corporation • Helix Linear Technologies, Inc. • Duff-Norton • Parker Hannifin • Tusk Direct, Inc. • Watts Water Technologies, Inc., • Rotork Plc. • Samson Ag • Robert Bosch GmbH

FAQ’S:

1) What is the share of the Actuators Market in 2020? Answer: The Actuators Market was accounted for 5.33 Bn. USD in the year 2020. 2) Which Actuator segment is dominating the Actuators Market? Answer: electric actuators is dominating the market owing to increasing demand for electrification across the end users and high controllability and repeatability of the product. 3) What are the key players in the Actuators Market? Answer: Emerson Electric Co.,, Honeywell Corporation, Helix Linear Technologies, Inc., Duff-Norton, Parker Hannifin, Eaton Corporation plc., Actuonix Motion Devices, Tolomatic, Inc., Festo AG & Co. KG,AVK Holdings A/S., Flowserve Corporations,, Tyco International Ltd, Schlumberger Limited,, KITZ Corporation, Burkert Fluid Control Systems, Tusk Direct, Inc., Watts Water Technologies, Inc.,, Rotork Plc., Samson Ag, Robert Bosch GmbH 4) Which factor acts as the driving factor for the growth of the Actuators Market? Answer: There has been a significant investment in infrastructure and facility modernization, which is helping to drive the actuators industry forward. 5) What factors are restraining the growth of the Actuators Market? Answer: complex circuitries and high maintenance cost of the system are the key factors restraining the market growth.
1. Actuators Market: Research Methodology 2. Actuators Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Actuators Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Actuators Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Actuators Market Segmentation 4.1. Actuators Market, by System (2020-2027) • Electric • Pneumatic • Hydraulic • Mechanical • Others 4.2. Actuators Market, by Type (2020-2027) • Rotary • Linear 4.3. Actuators Market, by Application (2020-2027) • Industrial • Commercial 4.4. Actuators Market, by End User (2020-2027) • Energy and mining • Construction • Chemical. • Automotive • Healthcare • Steel • Military and defense • Others 5. North America Actuators Market(2020-2027) 5.1. Actuators Market, by System (2020-2027) • Electric • Pneumatic • Hydraulic • Mechanical • Others 5.2. Actuators Market, by Type (2020-2027) • Rotary • Linear 5.3. Actuators Market, by Application (2020-2027) • Industrial • Commercial 5.4. Actuators Market, by End User (2020-2027) • Energy and mining • Construction • Chemical. • Automotive • Healthcare • Steel • Military and defense • Others 5.5. North America Actuators Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Actuators Market (2020-2027) 6.1. European Actuators Market, by System (2020-2027) 6.2. European Actuators Market, by Type (2020-2027) 6.3. European Actuators Market, by Application (2020-2027) 6.4. European Actuators Market, by End User (2020-2027) 6.5. European Actuators Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Actuators Market (2020-2027) 7.1. Asia Pacific Actuators Market, by System (2020-2027) 7.2. Asia Pacific Actuators Market, by Type (2020-2027) 7.3. Asia Pacific Actuators Market, by Application (2020-2027) 7.4. Asia Pacific Actuators Market, by End User (2020-2027) 7.5. Asia Pacific Actuators Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Actuators Market (2020-2027) 8.1. Middle East and Africa Actuators Market, by System (2020-2027) 8.2. Middle East and Africa Actuators Market, by Type (2020-2027) 8.3. Middle East and Africa Actuators Market, by Application (2020-2027) 8.4. Middle East and Africa Actuators Market, by End User (2020-2027) 8.5. Middle East and Africa Actuators Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Actuators Market (2020-2027) 9.1. Latin America Actuators Market, by System (2020-2027) 9.2. Latin America Actuators Market, by Type (2020-2027) 9.3. Latin America Actuators Market, by Application (2020-2027) 9.4. Latin America Actuators Market, by End User (2020-2027) 9.5. Latin America Actuators Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. EATON 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Actuonix Motion Devices 10.3. Tolomatic, Inc. 10.4. Festo AG & Co. KG 10.5. AVK Holdings A/S. 10.6. Flowserve Corporations, 10.7. Tyco International Ltd 10.8. Schlumberger Limited, 10.9. KITZ Corporation 10.10. Burkert Fluid Control Systems 10.11. Emerson Electric Co., 10.12. Honeywell Corporation 10.13. Helix Linear Technologies, Inc. 10.14. Duff-Norton 10.15. Parker Hannifin 10.16. Tusk Direct, Inc. 10.17. Watts Water Technologies, Inc., 10.18. Rotork Plc. 10.19. Samson Ag 10.20. Robert Bosch GmbH

About This Report

Report ID 29435
Category Engineering Equipment
Published Date April 2019
Updated Date Nov 2021
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