Rotary Actuators Market Size – Industry Structure Evaluation, Demand Drivers Analysis, Regional Growth Analysis and Identification, Competitive Positioning Review & Global Market Size Forecast to 2029

5.2%
CAGR (2023-2029)
41.36 USD Bn.
Market Size
321
Report Pages
153
Market Tables

Overview

Rotary Actuators Market was valued US$ 41.36 Bn in 2022 and is expected to reach US$ 58.98 Bn by 2029, at a CAGR of 5.2% during the forecast period.

Rotary Actuators Market Introduction:

A rotary actuator is a pneumatic cylinder used to provide a turning or angular movement, allowing a stroke in an oscillating motion through a defined angle. They are durable and give a relatively high force (torque) for size. Rotary actuators simplify a design and can reduce maintenance issues. Rotary actuators are extensively used in various end-user industries like semiconductors, oil and gas, packaging, and aerospace & defence. Rotary actuators are used in the gas turbines of the oil and gas industry to active low operating and maintenance costs.

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Rotary Actuators Market Dynamics:

The need to increase productivity and reduce downtime in industrial facilities and manufacturing activities worldwide, are the major factors expected to drive the market for Rotary actuators globally. The development of advanced and cost-effective robotics and automation actuators, and increasing demand for industrial robots and process automation in different industrial verticals are some of the opportunities impacting the growth of the Rotary Actuators market.
High demand for rotary actuators in Servo motors- Servo motors are widely used in applications that require precise position control; some of the key applications of servo motors are robotics, conveyor-belts, camera auto-focus, antenna positioning and spinning machines in textiles. The growth of end-user industries, coupled with rapid industrial automation, is expected to drive the demand for rotary actuators during the forecast period.

Rotary Actuators Market Segment Analysis:

Pneumatic systems have been rapidly developed in industrial production because of the advantages of low cost, quick response, and great energy-saving. Many manufacturers are replacing manual levers with actuators as pneumatic actuators can be handled automatically without being physically present near the pipelines. Companies these days prefer actuators over manual gears due to better efficiency, reliability and faster work. Hence the demand for pneumatic actuators is expected to rise exponentially. The pneumatic rotary actuator can realize the change of rotation angle, so it is widely used in the rotation of the mechanical arm. The development trend of pneumatic servo control systems is high efficiency and energy saving. Simplifying the structure of the system and controller and maintaining good control accuracy and stability have broad prospects in industrial applications.

Rotary Actuators Market Regional Insights:

Asia-Pacific is expected to witness a higher growth rate during the forecast period due to rising investments for implementing automation by several countries such as China, Japan, along with the development of technologically advanced rotary actuators leading to an increase in adoption of these devices in several industries. A high presence of industrial robot manufacturers in the region, coupled with increasing demand for industrial robots is paving the way for increased demand for actuators in this region.

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Rotary Actuators Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US$ 41.36 Bn.
Forecast Period 2023 to 2029 CAGR: 5.2% Market Size in 2029: US$ 58.98 Bn.
Segments Covered: by Type • Pneumatic Rotary Actuators
• Hydraulic Rotary Actuators
• Electric Rotary Actuators
by Application • Construction
• Metals & Mining
• Oil & Gas
• Industrial
• Agriculture

Rotary Actuators Market, by Region

• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)

Rotary Actuators Market Key Players are:

• Curtiss-Wright Corporation
• Emerson Electric Co.
• Flowserve Corporation
• Rotork plc
• SMC Corporation
• ABB LTD
• General Electric Co
• LINAK AS
• Moog Inc

Frequently Asked Questions:

1. Which region has the largest share in Global Rotary Actuators Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Rotary Actuators Market?
Ans: The Global Rotary Actuators Market is growing at a CAGR of 5.2% during forecasting period 2023-2029.

3. What is scope of the Global Rotary Actuators Market report?
Ans: Global Rotary Actuators Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Rotary Actuators Market?
Ans: The important key players in the Global Rotary Actuators Market are – Curtiss-Wright Corporation, Emerson Electric Co., Flowserve Corporation, Rotork plc, SMC Corporation, ABB LTD, General Electric Co, LINAK AS, Moog Inc.

5. What is the study period of this Market?
Ans: The Global Rotary Actuators Market is studied from 2022 to 2029.

Table of Contents

Table of Content 1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Rotary Actuators Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Rotary Actuators Market 3.4. Geographical Snapshot of the Rotary Actuators Market, By Manufacturer share 4. Global Rotary Actuators Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Rotary Actuators Market 5. Supply Side and Demand Side Indicators 6. Global Rotary Actuators Market Analysis and Forecast, 2022-2029 6.1. Global Rotary Actuators Market Size & Y-o-Y Growth Analysis. 7. Global Rotary Actuators Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Pneumatic Rotary Actuators 7.1.2. Hydraulic Rotary Actuators 7.1.3. Electric Rotary Actuators 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Construction 7.2.2. Metals & Mining 7.2.3. Oil & Gas 7.2.4. Industrial 7.2.5. Agriculture 8. Global Rotary Actuators Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Rotary Actuators Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Pneumatic Rotary Actuators 9.1.2. Hydraulic Rotary Actuators 9.1.3. Electric Rotary Actuators 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Construction 9.2.2. Metals & Mining 9.2.3. Oil & Gas 9.2.4. Industrial 9.2.5. Agriculture 10. North America Rotary Actuators Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Rotary Actuators Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Rotary Actuators Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Rotary Actuators Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Rotary Actuators Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Rotary Actuators Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Rotary Actuators Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Rotary Actuators Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Rotary Actuators Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Rotary Actuators Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Rotary Actuators Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Rotary Actuators Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Rotary Actuators Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Rotary Actuators Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Rotary Actuators Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Rotary Actuators Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Rotary Actuators Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Rotary Actuators Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Rotary Actuators Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Rotary Actuators Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Rotary Actuators Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Rotary Actuators Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Rotary Actuators Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Rotary Actuators Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Rotary Actuators Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Rotary Actuators Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Rotary Actuators Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Rotary Actuators Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Rotary Actuators Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Rotary Actuators Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Rotary Actuators Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Rotary Actuators Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Rotary Actuators Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Rotary Actuators Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Rotary Actuators Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Rotary Actuators Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile – Curtiss Wright Corporation 45.3.1. Company Overview 45.3.2. Financial Overview 45.3.3. Geographic Footprint 45.3.4. Product Portfolio 45.3.5. Business Strategy 45.3.6. Recent Developments 45.4. Emerson Electric Co. 45.5. Flowserve Corporation 45.6. Rotork plc 45.7. SMC Corporation 45.8. ABB LTD 45.9. General Electric Co 45.10. LINAK AS 45.11. Moog Inc 45.12. Other Key Players