SlideShare a Scribd company logo
Typical Value add:
• Precision Machining
• Painting / Surface treatment
• Leak Testing
• Bought Parts
• Sub Assembly
Belimo Actuator for
Fire and Smoke
Rockwell Automation
actuator for motion
Control
ABB actuator for Oil and Gas
Honeywell actuator for
Temperature Control
Parker Hennifin
actuator for oil and Gas
Actuators
Breakup by Product by
mechanism
•Linear Actuators
• Rod Type
• Screw Type
• Belt Type
•Rotary Actuators
• Motors
• Bladder and Vane
• Piston Type
Rotary actuators : 20
% of total market
share
Linear actuators : 80
% of total market
share
Total Global Actuator : Market :
$38 Bn
$30
Bn
$8 Bn
Common Applications
• Material /Fluid
Handling
• Robotics
• Industrial
Automation
• Automotive
• Industry Equipment
Market Share by Type
Electric Actuators : $ 18.5 Bn (
also highest CAGR)
Pneumatic : $ 2.2 Bn
Hydraulic : $ 2.4 Bn
Mechanical : $ 9 Bn
Others : $ 6 Bn
Automotive Actuator Market Share :
$ 25 Bn
Industrial Actuator Market Share :
$ 13 Bn
Actuators
Major Players
• Rockwell
Automation
• ABB
• Moog Inc.
• Emerson Electric
• Curtis Wright
• SMC Corporation
• Parker Hennifin
• IMI PLC
• Flowserve
• Altra Industrial
Motion
• Cedrat
Technologies
• DVG Automation
• Festo
• MISUMI Group Inc.
• Harmonic Drive LLC
• Kinitics
Based on the product, the global actuators market can be
categorized into linear actuators and rotary actuators. Currently,
linear actuators account for the majority of the total market
share.
Based on the type, the global actuators market has been
segregated into electric, pneumatic, hydraulic, mechanical, and
others. Among these, electric currently holds the largest market
share.
Based on the end use industry, the global actuators market can
be bifurcated into oil and gas, power generation, chemicals,
food and beverages, metals and mining, automotive, aerospace
and defense, and others. Currently, the automotive industry
exhibits a clear dominance in the market.
On a regional level, the market has been classified into North
America, Europe, Asia Pacific, Middle East and Africa, and
Latin America, where Asia Pacific currently dominates the
global market.
Actuator Market.pptx
Actuator Market.pptx
Actuator Market.pptx

More Related Content

Similar to Actuator Market.pptx

Electric Vehicle Battery Recycling Market PPT: Growth, Outlook, Demand, Keypl...
Electric Vehicle Battery Recycling Market PPT: Growth, Outlook, Demand, Keypl...Electric Vehicle Battery Recycling Market PPT: Growth, Outlook, Demand, Keypl...
Electric Vehicle Battery Recycling Market PPT: Growth, Outlook, Demand, Keypl...
IMARC Group
 
Detailed Project Report on Setting up a Inverter Manufacturing Plant
Detailed Project Report on Setting up a Inverter Manufacturing PlantDetailed Project Report on Setting up a Inverter Manufacturing Plant
Detailed Project Report on Setting up a Inverter Manufacturing Plant
IMARC Group
 
Detailed Project Report on Setting up a Aluminum Manufacturing Plant
Detailed Project Report on Setting up a Aluminum Manufacturing PlantDetailed Project Report on Setting up a Aluminum Manufacturing Plant
Detailed Project Report on Setting up a Aluminum Manufacturing Plant
IMARC Group
 
Project Report on Wind Turbine Manufacturing Plant
Project Report on Wind Turbine Manufacturing PlantProject Report on Wind Turbine Manufacturing Plant
Project Report on Wind Turbine Manufacturing Plant
IMARC Group
 
Control Valves Market PPT: Demand, Trends and Business Opportunities 2023-28
Control Valves Market PPT: Demand, Trends and Business Opportunities 2023-28Control Valves Market PPT: Demand, Trends and Business Opportunities 2023-28
Control Valves Market PPT: Demand, Trends and Business Opportunities 2023-28
IMARC Group
 
Detailed Project Report on Setting up a Battery Charger Manufacturing Plant
Detailed Project Report on Setting up a Battery Charger Manufacturing PlantDetailed Project Report on Setting up a Battery Charger Manufacturing Plant
Detailed Project Report on Setting up a Battery Charger Manufacturing Plant
IMARC Group
 
Detailed Project Report on Automotive Carburetor Manufacturing Unit Setup
Detailed Project Report on Automotive Carburetor Manufacturing Unit SetupDetailed Project Report on Automotive Carburetor Manufacturing Unit Setup
Detailed Project Report on Automotive Carburetor Manufacturing Unit Setup
IMARC Group
 
Automotive Fuel Tank Market Report in PPT: Top Companies, Trends and Future D...
Automotive Fuel Tank Market Report in PPT: Top Companies, Trends and Future D...Automotive Fuel Tank Market Report in PPT: Top Companies, Trends and Future D...
Automotive Fuel Tank Market Report in PPT: Top Companies, Trends and Future D...
IMARC Group
 
Control Valves Market Report and Forecast 2020-205 With COVID-19 Update
Control Valves Market Report and Forecast 2020-205 With COVID-19 Update Control Valves Market Report and Forecast 2020-205 With COVID-19 Update
Control Valves Market Report and Forecast 2020-205 With COVID-19 Update
IMARC Group
 
Fluorochemicals Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and O...
Fluorochemicals Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and O...Fluorochemicals Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and O...
Fluorochemicals Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and O...
IMARC Group
 
Industrial Furnaces Market by Product Type, Distribution Channel, End User 20...
Industrial Furnaces Market by Product Type, Distribution Channel, End User 20...Industrial Furnaces Market by Product Type, Distribution Channel, End User 20...
Industrial Furnaces Market by Product Type, Distribution Channel, End User 20...
IMARC Group
 
Setting Up a Successful Allylamine Manufacturing Unit: DPR
Setting Up a Successful Allylamine Manufacturing Unit: DPRSetting Up a Successful Allylamine Manufacturing Unit: DPR
Setting Up a Successful Allylamine Manufacturing Unit: DPR
IMARC Group
 
Stoßdämpfer Lieferanten
Stoßdämpfer LieferantenStoßdämpfer Lieferanten
Stoßdämpfer Lieferanten
ITT Enidine Inc
 
Enidin-Stoßdämpfer
 Enidin-Stoßdämpfer Enidin-Stoßdämpfer
Enidin-Stoßdämpfer
ITT Enidine Inc
 
ITT Enidine Inc
ITT Enidine IncITT Enidine Inc
ITT Enidine Inc
ITT Enidine Inc
 
Detailed Project Report on Setting up a Petroleum Coke Manufacturing Plant
Detailed Project Report on Setting up a Petroleum Coke Manufacturing PlantDetailed Project Report on Setting up a Petroleum Coke Manufacturing Plant
Detailed Project Report on Setting up a Petroleum Coke Manufacturing Plant
IMARC Group
 
Oilfield auxiliary rental equipment market in gulf countries (geography and v...
Oilfield auxiliary rental equipment market in gulf countries (geography and v...Oilfield auxiliary rental equipment market in gulf countries (geography and v...
Oilfield auxiliary rental equipment market in gulf countries (geography and v...Allied Market Research
 
Project Report on Aluminum Powder Manufacturing Plant
Project Report on Aluminum Powder Manufacturing PlantProject Report on Aluminum Powder Manufacturing Plant
Project Report on Aluminum Powder Manufacturing Plant
IMARC Group
 
Harvard Global Case Competition - Miami University
Harvard Global Case Competition - Miami UniversityHarvard Global Case Competition - Miami University
Harvard Global Case Competition - Miami University
Collin O'Sullivan
 
Project Report on Razor Manufacturing Plant
Project Report on Razor Manufacturing PlantProject Report on Razor Manufacturing Plant
Project Report on Razor Manufacturing Plant
IMARC Group
 

Similar to Actuator Market.pptx (20)

Electric Vehicle Battery Recycling Market PPT: Growth, Outlook, Demand, Keypl...
Electric Vehicle Battery Recycling Market PPT: Growth, Outlook, Demand, Keypl...Electric Vehicle Battery Recycling Market PPT: Growth, Outlook, Demand, Keypl...
Electric Vehicle Battery Recycling Market PPT: Growth, Outlook, Demand, Keypl...
 
Detailed Project Report on Setting up a Inverter Manufacturing Plant
Detailed Project Report on Setting up a Inverter Manufacturing PlantDetailed Project Report on Setting up a Inverter Manufacturing Plant
Detailed Project Report on Setting up a Inverter Manufacturing Plant
 
Detailed Project Report on Setting up a Aluminum Manufacturing Plant
Detailed Project Report on Setting up a Aluminum Manufacturing PlantDetailed Project Report on Setting up a Aluminum Manufacturing Plant
Detailed Project Report on Setting up a Aluminum Manufacturing Plant
 
Project Report on Wind Turbine Manufacturing Plant
Project Report on Wind Turbine Manufacturing PlantProject Report on Wind Turbine Manufacturing Plant
Project Report on Wind Turbine Manufacturing Plant
 
Control Valves Market PPT: Demand, Trends and Business Opportunities 2023-28
Control Valves Market PPT: Demand, Trends and Business Opportunities 2023-28Control Valves Market PPT: Demand, Trends and Business Opportunities 2023-28
Control Valves Market PPT: Demand, Trends and Business Opportunities 2023-28
 
Detailed Project Report on Setting up a Battery Charger Manufacturing Plant
Detailed Project Report on Setting up a Battery Charger Manufacturing PlantDetailed Project Report on Setting up a Battery Charger Manufacturing Plant
Detailed Project Report on Setting up a Battery Charger Manufacturing Plant
 
Detailed Project Report on Automotive Carburetor Manufacturing Unit Setup
Detailed Project Report on Automotive Carburetor Manufacturing Unit SetupDetailed Project Report on Automotive Carburetor Manufacturing Unit Setup
Detailed Project Report on Automotive Carburetor Manufacturing Unit Setup
 
Automotive Fuel Tank Market Report in PPT: Top Companies, Trends and Future D...
Automotive Fuel Tank Market Report in PPT: Top Companies, Trends and Future D...Automotive Fuel Tank Market Report in PPT: Top Companies, Trends and Future D...
Automotive Fuel Tank Market Report in PPT: Top Companies, Trends and Future D...
 
Control Valves Market Report and Forecast 2020-205 With COVID-19 Update
Control Valves Market Report and Forecast 2020-205 With COVID-19 Update Control Valves Market Report and Forecast 2020-205 With COVID-19 Update
Control Valves Market Report and Forecast 2020-205 With COVID-19 Update
 
Fluorochemicals Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and O...
Fluorochemicals Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and O...Fluorochemicals Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and O...
Fluorochemicals Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and O...
 
Industrial Furnaces Market by Product Type, Distribution Channel, End User 20...
Industrial Furnaces Market by Product Type, Distribution Channel, End User 20...Industrial Furnaces Market by Product Type, Distribution Channel, End User 20...
Industrial Furnaces Market by Product Type, Distribution Channel, End User 20...
 
Setting Up a Successful Allylamine Manufacturing Unit: DPR
Setting Up a Successful Allylamine Manufacturing Unit: DPRSetting Up a Successful Allylamine Manufacturing Unit: DPR
Setting Up a Successful Allylamine Manufacturing Unit: DPR
 
Stoßdämpfer Lieferanten
Stoßdämpfer LieferantenStoßdämpfer Lieferanten
Stoßdämpfer Lieferanten
 
Enidin-Stoßdämpfer
 Enidin-Stoßdämpfer Enidin-Stoßdämpfer
Enidin-Stoßdämpfer
 
ITT Enidine Inc
ITT Enidine IncITT Enidine Inc
ITT Enidine Inc
 
Detailed Project Report on Setting up a Petroleum Coke Manufacturing Plant
Detailed Project Report on Setting up a Petroleum Coke Manufacturing PlantDetailed Project Report on Setting up a Petroleum Coke Manufacturing Plant
Detailed Project Report on Setting up a Petroleum Coke Manufacturing Plant
 
Oilfield auxiliary rental equipment market in gulf countries (geography and v...
Oilfield auxiliary rental equipment market in gulf countries (geography and v...Oilfield auxiliary rental equipment market in gulf countries (geography and v...
Oilfield auxiliary rental equipment market in gulf countries (geography and v...
 
Project Report on Aluminum Powder Manufacturing Plant
Project Report on Aluminum Powder Manufacturing PlantProject Report on Aluminum Powder Manufacturing Plant
Project Report on Aluminum Powder Manufacturing Plant
 
Harvard Global Case Competition - Miami University
Harvard Global Case Competition - Miami UniversityHarvard Global Case Competition - Miami University
Harvard Global Case Competition - Miami University
 
Project Report on Razor Manufacturing Plant
Project Report on Razor Manufacturing PlantProject Report on Razor Manufacturing Plant
Project Report on Razor Manufacturing Plant
 

Recently uploaded

The Benefits and Techniques of Trenchless Pipe Repair.pdf
The Benefits and Techniques of Trenchless Pipe Repair.pdfThe Benefits and Techniques of Trenchless Pipe Repair.pdf
The Benefits and Techniques of Trenchless Pipe Repair.pdf
Pipe Restoration Solutions
 
Gen AI Study Jams _ For the GDSC Leads in India.pdf
Gen AI Study Jams _ For the GDSC Leads in India.pdfGen AI Study Jams _ For the GDSC Leads in India.pdf
Gen AI Study Jams _ For the GDSC Leads in India.pdf
gdsczhcet
 
MCQ Soil mechanics questions (Soil shear strength).pdf
MCQ Soil mechanics questions (Soil shear strength).pdfMCQ Soil mechanics questions (Soil shear strength).pdf
MCQ Soil mechanics questions (Soil shear strength).pdf
Osamah Alsalih
 
AKS UNIVERSITY Satna Final Year Project By OM Hardaha.pdf
AKS UNIVERSITY Satna Final Year Project By OM Hardaha.pdfAKS UNIVERSITY Satna Final Year Project By OM Hardaha.pdf
AKS UNIVERSITY Satna Final Year Project By OM Hardaha.pdf
SamSarthak3
 
Industrial Training at Shahjalal Fertilizer Company Limited (SFCL)
Industrial Training at Shahjalal Fertilizer Company Limited (SFCL)Industrial Training at Shahjalal Fertilizer Company Limited (SFCL)
Industrial Training at Shahjalal Fertilizer Company Limited (SFCL)
MdTanvirMahtab2
 
Water Industry Process Automation and Control Monthly - May 2024.pdf
Water Industry Process Automation and Control Monthly - May 2024.pdfWater Industry Process Automation and Control Monthly - May 2024.pdf
Water Industry Process Automation and Control Monthly - May 2024.pdf
Water Industry Process Automation & Control
 
Standard Reomte Control Interface - Neometrix
Standard Reomte Control Interface - NeometrixStandard Reomte Control Interface - Neometrix
Standard Reomte Control Interface - Neometrix
Neometrix_Engineering_Pvt_Ltd
 
Automobile Management System Project Report.pdf
Automobile Management System Project Report.pdfAutomobile Management System Project Report.pdf
Automobile Management System Project Report.pdf
Kamal Acharya
 
WATER CRISIS and its solutions-pptx 1234
WATER CRISIS and its solutions-pptx 1234WATER CRISIS and its solutions-pptx 1234
WATER CRISIS and its solutions-pptx 1234
AafreenAbuthahir2
 
Architectural Portfolio Sean Lockwood
Architectural Portfolio Sean LockwoodArchitectural Portfolio Sean Lockwood
Architectural Portfolio Sean Lockwood
seandesed
 
LIGA(E)11111111111111111111111111111111111111111.ppt
LIGA(E)11111111111111111111111111111111111111111.pptLIGA(E)11111111111111111111111111111111111111111.ppt
LIGA(E)11111111111111111111111111111111111111111.ppt
ssuser9bd3ba
 
addressing modes in computer architecture
addressing modes  in computer architectureaddressing modes  in computer architecture
addressing modes in computer architecture
ShahidSultan24
 
COLLEGE BUS MANAGEMENT SYSTEM PROJECT REPORT.pdf
COLLEGE BUS MANAGEMENT SYSTEM PROJECT REPORT.pdfCOLLEGE BUS MANAGEMENT SYSTEM PROJECT REPORT.pdf
COLLEGE BUS MANAGEMENT SYSTEM PROJECT REPORT.pdf
Kamal Acharya
 
Design and Analysis of Algorithms-DP,Backtracking,Graphs,B&B
Design and Analysis of Algorithms-DP,Backtracking,Graphs,B&BDesign and Analysis of Algorithms-DP,Backtracking,Graphs,B&B
Design and Analysis of Algorithms-DP,Backtracking,Graphs,B&B
Sreedhar Chowdam
 
block diagram and signal flow graph representation
block diagram and signal flow graph representationblock diagram and signal flow graph representation
block diagram and signal flow graph representation
Divya Somashekar
 
CFD Simulation of By-pass Flow in a HRSG module by R&R Consult.pptx
CFD Simulation of By-pass Flow in a HRSG module by R&R Consult.pptxCFD Simulation of By-pass Flow in a HRSG module by R&R Consult.pptx
CFD Simulation of By-pass Flow in a HRSG module by R&R Consult.pptx
R&R Consult
 
一比一原版(SFU毕业证)西蒙菲莎大学毕业证成绩单如何办理
一比一原版(SFU毕业证)西蒙菲莎大学毕业证成绩单如何办理一比一原版(SFU毕业证)西蒙菲莎大学毕业证成绩单如何办理
一比一原版(SFU毕业证)西蒙菲莎大学毕业证成绩单如何办理
bakpo1
 
ethical hacking in wireless-hacking1.ppt
ethical hacking in wireless-hacking1.pptethical hacking in wireless-hacking1.ppt
ethical hacking in wireless-hacking1.ppt
Jayaprasanna4
 
HYDROPOWER - Hydroelectric power generation
HYDROPOWER - Hydroelectric power generationHYDROPOWER - Hydroelectric power generation
HYDROPOWER - Hydroelectric power generation
Robbie Edward Sayers
 
Final project report on grocery store management system..pdf
Final project report on grocery store management system..pdfFinal project report on grocery store management system..pdf
Final project report on grocery store management system..pdf
Kamal Acharya
 

Recently uploaded (20)

The Benefits and Techniques of Trenchless Pipe Repair.pdf
The Benefits and Techniques of Trenchless Pipe Repair.pdfThe Benefits and Techniques of Trenchless Pipe Repair.pdf
The Benefits and Techniques of Trenchless Pipe Repair.pdf
 
Gen AI Study Jams _ For the GDSC Leads in India.pdf
Gen AI Study Jams _ For the GDSC Leads in India.pdfGen AI Study Jams _ For the GDSC Leads in India.pdf
Gen AI Study Jams _ For the GDSC Leads in India.pdf
 
MCQ Soil mechanics questions (Soil shear strength).pdf
MCQ Soil mechanics questions (Soil shear strength).pdfMCQ Soil mechanics questions (Soil shear strength).pdf
MCQ Soil mechanics questions (Soil shear strength).pdf
 
AKS UNIVERSITY Satna Final Year Project By OM Hardaha.pdf
AKS UNIVERSITY Satna Final Year Project By OM Hardaha.pdfAKS UNIVERSITY Satna Final Year Project By OM Hardaha.pdf
AKS UNIVERSITY Satna Final Year Project By OM Hardaha.pdf
 
Industrial Training at Shahjalal Fertilizer Company Limited (SFCL)
Industrial Training at Shahjalal Fertilizer Company Limited (SFCL)Industrial Training at Shahjalal Fertilizer Company Limited (SFCL)
Industrial Training at Shahjalal Fertilizer Company Limited (SFCL)
 
Water Industry Process Automation and Control Monthly - May 2024.pdf
Water Industry Process Automation and Control Monthly - May 2024.pdfWater Industry Process Automation and Control Monthly - May 2024.pdf
Water Industry Process Automation and Control Monthly - May 2024.pdf
 
Standard Reomte Control Interface - Neometrix
Standard Reomte Control Interface - NeometrixStandard Reomte Control Interface - Neometrix
Standard Reomte Control Interface - Neometrix
 
Automobile Management System Project Report.pdf
Automobile Management System Project Report.pdfAutomobile Management System Project Report.pdf
Automobile Management System Project Report.pdf
 
WATER CRISIS and its solutions-pptx 1234
WATER CRISIS and its solutions-pptx 1234WATER CRISIS and its solutions-pptx 1234
WATER CRISIS and its solutions-pptx 1234
 
Architectural Portfolio Sean Lockwood
Architectural Portfolio Sean LockwoodArchitectural Portfolio Sean Lockwood
Architectural Portfolio Sean Lockwood
 
LIGA(E)11111111111111111111111111111111111111111.ppt
LIGA(E)11111111111111111111111111111111111111111.pptLIGA(E)11111111111111111111111111111111111111111.ppt
LIGA(E)11111111111111111111111111111111111111111.ppt
 
addressing modes in computer architecture
addressing modes  in computer architectureaddressing modes  in computer architecture
addressing modes in computer architecture
 
COLLEGE BUS MANAGEMENT SYSTEM PROJECT REPORT.pdf
COLLEGE BUS MANAGEMENT SYSTEM PROJECT REPORT.pdfCOLLEGE BUS MANAGEMENT SYSTEM PROJECT REPORT.pdf
COLLEGE BUS MANAGEMENT SYSTEM PROJECT REPORT.pdf
 
Design and Analysis of Algorithms-DP,Backtracking,Graphs,B&B
Design and Analysis of Algorithms-DP,Backtracking,Graphs,B&BDesign and Analysis of Algorithms-DP,Backtracking,Graphs,B&B
Design and Analysis of Algorithms-DP,Backtracking,Graphs,B&B
 
block diagram and signal flow graph representation
block diagram and signal flow graph representationblock diagram and signal flow graph representation
block diagram and signal flow graph representation
 
CFD Simulation of By-pass Flow in a HRSG module by R&R Consult.pptx
CFD Simulation of By-pass Flow in a HRSG module by R&R Consult.pptxCFD Simulation of By-pass Flow in a HRSG module by R&R Consult.pptx
CFD Simulation of By-pass Flow in a HRSG module by R&R Consult.pptx
 
一比一原版(SFU毕业证)西蒙菲莎大学毕业证成绩单如何办理
一比一原版(SFU毕业证)西蒙菲莎大学毕业证成绩单如何办理一比一原版(SFU毕业证)西蒙菲莎大学毕业证成绩单如何办理
一比一原版(SFU毕业证)西蒙菲莎大学毕业证成绩单如何办理
 
ethical hacking in wireless-hacking1.ppt
ethical hacking in wireless-hacking1.pptethical hacking in wireless-hacking1.ppt
ethical hacking in wireless-hacking1.ppt
 
HYDROPOWER - Hydroelectric power generation
HYDROPOWER - Hydroelectric power generationHYDROPOWER - Hydroelectric power generation
HYDROPOWER - Hydroelectric power generation
 
Final project report on grocery store management system..pdf
Final project report on grocery store management system..pdfFinal project report on grocery store management system..pdf
Final project report on grocery store management system..pdf
 

Actuator Market.pptx

  • 1. Typical Value add: • Precision Machining • Painting / Surface treatment • Leak Testing • Bought Parts • Sub Assembly Belimo Actuator for Fire and Smoke Rockwell Automation actuator for motion Control ABB actuator for Oil and Gas Honeywell actuator for Temperature Control Parker Hennifin actuator for oil and Gas Actuators
  • 2. Breakup by Product by mechanism •Linear Actuators • Rod Type • Screw Type • Belt Type •Rotary Actuators • Motors • Bladder and Vane • Piston Type Rotary actuators : 20 % of total market share Linear actuators : 80 % of total market share Total Global Actuator : Market : $38 Bn $30 Bn $8 Bn Common Applications • Material /Fluid Handling • Robotics • Industrial Automation • Automotive • Industry Equipment Market Share by Type Electric Actuators : $ 18.5 Bn ( also highest CAGR) Pneumatic : $ 2.2 Bn Hydraulic : $ 2.4 Bn Mechanical : $ 9 Bn Others : $ 6 Bn Automotive Actuator Market Share : $ 25 Bn Industrial Actuator Market Share : $ 13 Bn Actuators
  • 3. Major Players • Rockwell Automation • ABB • Moog Inc. • Emerson Electric • Curtis Wright • SMC Corporation • Parker Hennifin • IMI PLC • Flowserve • Altra Industrial Motion • Cedrat Technologies • DVG Automation • Festo • MISUMI Group Inc. • Harmonic Drive LLC • Kinitics
  • 4. Based on the product, the global actuators market can be categorized into linear actuators and rotary actuators. Currently, linear actuators account for the majority of the total market share. Based on the type, the global actuators market has been segregated into electric, pneumatic, hydraulic, mechanical, and others. Among these, electric currently holds the largest market share. Based on the end use industry, the global actuators market can be bifurcated into oil and gas, power generation, chemicals, food and beverages, metals and mining, automotive, aerospace and defense, and others. Currently, the automotive industry exhibits a clear dominance in the market. On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific currently dominates the global market.