Actuators market is likely to witness an impressive CAGR of 5.2% during the forecast period. Increased investment towards process automation across end-use industries is the major factor driving the demand for actuators.

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Actuators Market
The Actuators Market is Segmented by Type (Linear Actuators and Rotary Actuators), by System Type
(Hydraulic Actuators, Electrical Actuators, Pneumatic Actuators, Mechanical Actuators, and Others), by
Application Type (End-Use Application, Industrial Application), and by Region (North America, Europe, Asia-
Pacific, and Rest of the World).
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Actuators Market: Growth and Forecast Highlights & Drivers
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• Actuators market is likely to witness an impressive CAGR of 5.2% during the forecast period.
• Increased investment towards process automation across end-use industries is the major factor driving the demand
for actuators.
• Actuators are an eminent part of any machine that on which the movement of the machine depends.
• It is also responsible for the controlling of a mechanism or a system, such as opening a valve.
• The actuator is also known as a mover and it needs an energy source and a control signal for its working.
• The actuator does the work of converting energy into motion and is used in industrial and manufacturing applications
and also in various devices such as valves, pumps, switches, and motors.
Actuators Market - Snapshot
Market Growth 5.2% for next five years
Major Type Linear actuators
Major System Type Electrical actuators
Dominant Application Type End-use application
Region with the highest demand Asia-Pacific
Key Players
The Emerson Electric Company, Honeywell International Inc., Moog
Inc., Rotork Plc, Parker Hannifin Corporation, ABB Group, Cameron
International Corporation, and Eaton Corporation Plc.

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Market Insights
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By Type
• The market is segmented as linear actuators, and rotary actuators.
• The linear actuators segment is expected to dominate the market during the forecast period.
• The escalating demand for fuel-efficient vehicles, implementation of stringent environmental regulation, increasing
automation in emerging economies, and the rising need to improve combustion control, increase reliability, and reduce
production cost in manufacturing sectors are some of the major factors that drive the growth of linear actuators in the
global market.
By System Type
• The market is segmented as hydraulic, electrical, pneumatic, mechanical, and other actuators.
• The electrical actuators dominated the market and is expected to retain the dominance during the forecast period as
well.
• This growth is attributed to the extensive application of electrical actuators in the aviation industry.
• Electrical actuators play a vital role in controlling systems as they convert electrical signals to mechanical movement.

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Market Insights
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By Application Type
• The market is segmented as end-use and industrial application.
• The end-use application segment is projected to register a higher growth in the coming five years.
• End-use application includes wide array of verticals such as automotive, marine, aerospace, and defense.
• Growth in this industry verticals is expected to drive the growth of the end-use application.
By Region
• Asia-Pacific dominated the actuators market.
• The region is estimated to drive the Internet of Things in the coming years.
• India and China are the growth engines of the region owing to increased focus towards IOT.

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Competitive Insights
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Actuators Market, regional expansion, and execution of mergers & acquisitions are the key strategies adopted
by the major players to gain a competitive edge in the market.
Key Companies Analysed
• The Emerson Electric Company
• Honeywell International Inc.
• Moog Inc.
• Rotork Plc
• Parker Hannifin Corporation
• ABB Group
• Cameron International Corporation
• Eaton Corporation Plc.

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Research Methodology
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• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases & Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others
• Robust database across value chain
• In-house industry veterans as
advisors
• Project based subject matter experts
• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others
Data Triangulation Data Evaluation and Multiple Data Triangulation)
Final Deliverables Final Report with All Findings)
Secondary Research
Stratview Research Internal
Knowledgebase
Primary Research
Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of
data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market.
Data Analysis Top Down and Bottom Up Approach)

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Report Features
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This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it
offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision
making for the existing market players as well as those willing to enter the market. The following are the key features of
the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

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Market Segmentation
The actuators market is segmented into the following categories.
Actuators Market Size, Share & Forecast, by Type:
• Linear Actuators
• (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• (Product Type Analysis: Screw Type Actuators, Belt Type Actuators, and Rod Type Actuators)
• Rotary Actuators
• (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• (Product Type Analysis: Bladder & Vane Actuators and Piston Type Actuators)
Actuators Market Size, Share & Forecast, by System Type:
• Hydraulic Actuators (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Electrical Actuators (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Pneumatic Actuators (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Mechanical Actuators (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

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Market Segmentation
Actuators Market Size, Share & Forecast, by Application Type:
• End-Use Application
• (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• (Application Type Analysis: Automotive, Aerospace, Defense, and Marine)
• Industrial Application (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• (Application Type Analysis: Oil & Gas, Power Generation, Chemical, Food & Beverages, Metals & Mining,
Construction, Healthcare, Pulp & Paper, Water Treatment, and Others)
Actuators Market Size, Share & Forecast, by Region:
• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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