Actuators Market by Actuation (Electric, Hydraulic, Pneumatic), Type (Linear, Rotary), Application (Industrial Automation, Robotics, Vehicle Equipment), Vertical (Power Generation, Automotive, Aerospace & Defense) and Region - Global Forecast to 2030

icon1
USD 100.41 BN
MARKET SIZE, 2030
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CAGR 7.1%
(2025-2030)
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260+
REPORT PAGES
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280+
MARKET TABLES

OVERVIEW

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The global actuators market is expected to grow from USD 71.22 billion in 2025 to USD 100.41 billion by 2030 at a CAGR of 7.1% during the forecast period. The increasing demand for automation and the need for efficient control systems are key factors driving the actuators industry. Technological advancements, such as the development of electric actuators and the integration of actuators with IoT and AI, further help enhance their capabilities and applications.

KEY TAKEAWAYS

  • BY ACTUATION
    Electric actuation excels through precision, efficiency, low maintenance, and seamless digital integration, driving modern automation and sustainable systems.
  • BY APPLICATION
    Robotics contributes to the actuator demand due to its widespread adoption, need for precision, and the rise in automation and smart manufacturing.
  • BY TYPE
    Linear actuators are versatile, simple, and reliable, and are widely used in industrial automation, robotics, automotive, and consumer applications where precise linear motion is essential.
  • BY VERTICAL
    The automotive sector is rapidly shifting toward electrification, advanced driver-assistance systems (ADAS), and automation. All of these require high-precision, durable actuators, making automotive a consistent and high-volume application.
  • BY REGION
    The Asia Pacific region leads the actuators market due to extensive automation adoption, a strong automotive and electronics base, and supportive government initiatives.
  • COMPETITIVE LANDSCAPE
    Major market players have adopted organic and inorganic strategies, including partnerships and investments. For instance, Emerson Electric Co., SMC Corporation, and Curtiss-Wright introduced actuators equipped with enhanced features and improved performance capabilities.

Actuators are integral components in various industries, converting energy into mechanical motion to drive systems and machinery. Their applications span manufacturing, automotive, aerospace, and healthcare, among other sectors. As industries continue to prioritize automation and efficiency, the actuators market is expected to experience sustained growth due to the ongoing technological innovations and expanding applications across various sectors.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

It illustrates how companies’ revenue mix is expected to evolve over the next 4–5 years, moving from current offerings to new use cases, technologies, and markets. New market prospects for automotive, Industry 4.0, or concepts such as driverless vehicles are anticipated to lead to the growth of the actuators industry during the forecast period.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Drivers
Impact
Level
  • Shift from hydraulic and pneumatic systems to electric actuation
  • Integration of sensors and embedded intelligence into actuators
RESTRAINTS
Impact
Level
  • High switching costs in capital-intensive industries
OPPORTUNITIES
Impact
Level
  • Harnessing industrial automation and AI
  • Capitalizing on retrofit demand and servitization of legacy systems
CHALLENGES
Impact
Level
  • Issues of leakage in pneumatic and hydraulic actuators
  • Ensuring cybersecurity and functional safety in smart actuators

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: Integration of sensors and embedded intelligence into actuators

Technological advances are key drivers for the actuators market. Modern actuators are increasingly designed as smart systems, integrating sensors, controllers, and connectivity features that enable precise, real-time monitoring and control. These innovations allow actuators to respond more accurately to inputs and optimize energy usage, making them suitable for highly complex applications.

Restraint: High switching costs in capital-intensive industries

One of the primary restraints in the actuators market is the high switching cost associated with replacing existing systems in capital-intensive industries. The operational risks and potential costs of disruption often outweigh the perceived benefits of upgrading. Even modest changes in production infrastructure can lead to costly interruptions that these industries cannot afford.

Opportunity: Harnessing industrial automation and AI to unlock new value

The widespread adoption of industrial automation and artificial intelligence is creating significant opportunities for actuator manufacturers. Traditionally, actuators performed mechanical functions based on predetermined commands. However, as automation evolves into more complex and adaptive systems, actuators are becoming intelligent endpoints that interact with data networks and AI algorithms.

Challenge: Issues of leakage in pneumatic and hydraulic actuators

Pneumatic actuators use compressed air to create mechanical motion. They are easier to install but require multiple components, such as compressors, filters, dryers, and regulators, which make maintenance costly and introduce risks of air leaks and high noise. Hydraulic actuators use pressurized fluid to generate motion, offering higher force and precise control. However, they carry risks of fluid leakage, fire hazards, and system damage due to erosion.

Actuators Market: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
Electric, pneumatic, and hydraulic actuators for valve and flow control in process industries Precise control, improved reliability, and reduced emissions
Electric and pneumatic actuators for valve and damper automation in energy and manufacturing High accuracy, energy efficiency, and predictive maintenance
Linear and rotary electromechanical actuators for motion control in automation and robotics Compact design, high load capacity, and low maintenance
Pneumatic and electric actuators for packaging, assembly, and general automation Fast response, versatility, and high reliability
Smart actuators integrated with control systems for industrial automation Better monitoring, reduced downtime, and energy savings

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET ECOSYSTEM

The actuators ecosystem involves identifying and analyzing interconnected relationships among various stakeholders, including manufacturers, distributors, and end users. Distributors establish contact between the manufacturing companies and end users to concentrate on the supply chain, increasing operational efficiency and profitability.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET SEGMENTS

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Actuators Market, By Actuation

Electric actuation is expected to hold the largest market share in the actuation industry in 2025 due to its efficiency, precision, and low maintenance requirements. Its ability to provide accurate, automated control with energy efficiency and easy integration into digital systems makes it the preferred choice over pneumatic and hydraulic actuators, driving the market.

Actuators Market, By Application

The vehicle equipment application is expected to hold the largest market share in 2025 due to the growing demand for automation, safety, and efficiency in the automotive sector. Actuators are extensively used in vehicles for applications such as power steering, braking systems, and throttle control. The rise of electric and autonomous vehicles further boosts the need for precise and reliable actuation systems, making vehicle equipment the dominant segment in the actuator market.

Actuators Market, By Type

Linear actuators are expected to hold the larger market share in the actuator industry in 2025 due to their versatility and wide range of applications. They are used in the automotive, aerospace, healthcare, and industrial automation industries for tasks requiring precise linear motion, including valve operation, material handling, and medical devices.

Actuators Market, By Vertical

The automotive vertical is expected to hold the largest share in 2025 due to the high demand for automation, safety, and efficiency in vehicles. Actuators are widely used in applications such as power steering, braking systems, throttle control, and seat adjustments. The rapid growth of electric and autonomous vehicles further drives the adoption of precise and reliable actuation systems, making the automotive sector the dominant vertical in the actuator market.

REGION

Asia Pacific to hold the largest share of the global actuators market during the forecast period

Asia Pacific captured the largest share of the global actuators market in 2024 due to the widespread adoption of automation across multiple sectors. Increasing demand from the automotive, manufacturing, and aerospace industries is a major factor driving the market, as actuators are critical in enhancing operational efficiency and precision. The shift toward advanced technologies, including electric vehicles, robotics, and smart manufacturing systems, has further accelerated the need for reliable, high-performance actuators.

Actuators Market: COMPANY EVALUATION MATRIX

In the actuators market matrix, Emerson Electric Co. (Star) leads with a strong market presence and a wide product portfolio, driving large-scale adoption across industries such as automotive and aerospace & defense. Moog Inc. (Emerging Leader) is gaining traction with aircraft actuation systems.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET SCOPE

REPORT METRIC DETAILS
Market Size in 2024 (Value) USD 66.95 Billion
Market Forecast in 2030 (Value) USD 100.41 Billion
Growth Rate CAGR of 7.1% from 2025-2030
Years Considered 2021–2030
Base Year 2024
Forecast Period 2025–2030
Units Considered Value (USD Million/Billion), Volume (Thousand/Million Units)
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Segments Covered
  • By Actuation:
    • Electric
    • Hydraulic
    • Pneumatic
    • and Others
  • By Application:
    • Vehicle Equipment
    • Robotics
    • and Industrial Automation
  • By Type: Linear Actuators and Rotary Actuators
  • By Vertical:
    • Food & Beverages
    • Oil & Gas; Metals
    • Mining & Machinery; Powe
Regional Scope North America, Europe, Asia Pacific, the Middle East, Latin America, and Africa

WHAT IS IN IT FOR YOU: Actuators Market REPORT CONTENT GUIDE

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
Local Competitive Landscape Profiles of key regional players, including market share, revenue, product portfolio, and strategic initiatives •        Facilitated competitive benchmarking and informed strategy development
Regional Market Entry Strategy Country- or region-specific go-to-market strategies including barriers, regulations, and competitive landscape •        Minimized entry risk and accelerates market adoption
Local Risk & Opportunity Assessment Identification of regional risks, barriers, and untapped opportunities by market or sector •        Enabled proactive risk mitigation and strategic investments
Technology Adoption by Region Insights on local adoption of key actuator technologies (smart actuators, IoT, and automation) •        Guided R&D, product positioning, and investment decisions

RECENT DEVELOPMENTS

  • June 2025 : Rotork and Rockwell Automation collaborated to feature the Rotork IQ3 Pro electric actuator with EtherNet/IP connectivity in the Rockwell Automation Technology Partner Program. This partnership makes it easier for engineers, system integrators, and end users to include Rotork’s actuator solutions in industrial automation projects.
  • January 2025 : SMC Corporation introduced the Rotary Actuators CRB/CDRB Series, available in a double vane for sizes 10 to 40. The series features a compact body design equipped with a built-in angle adjustment unit and an auto switch unit, enhancing functionality and ease of use.
  • November 2024 : Curtiss-Wright Corporation launched an expanded range of its popular Exlar electric actuators, introducing hygienic actuators made with FDA-approved materials and finishes. Designed for automation systems in the food & beverages, packaging, and pharmaceuticals industries, the GTF enables customers to achieve hygienic certifications, such as USDA, 3-A, BISSC, and EHEDG more cost-effectively than existing products in the market.
  • April 2024 : Emerson Electric Co. launched the ASCO Series 148/149 safety valve and motorized actuator for industrial fuel oil burner recirculation and safety shutoff. Designed to prevent overpressure, leaks, and system failures, the solution offers a reliable, versatile configuration suitable for various combustion system applications.

 

Table of Contents

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TITLE
PAGE NO
1
INTRODUCTION
 
 
 
25
2
RESEARCH METHODOLOGY
 
 
 
29
3
EXECUTIVE SUMMARY
 
 
 
40
4
PREMIUM INSIGHTS
 
 
 
43
5
MARKET OVERVIEW
Electric actuation and AI drive growth amidst high switching costs and cybersecurity challenges.
 
 
 
47
 
5.1
INTRODUCTION
 
 
 
 
5.2
MARKET DYNAMICS
 
 
 
 
 
5.2.1
DRIVERS
 
 
 
 
 
5.2.1.1
Shift from hydraulic and pneumatic systems to electric actuation
 
 
 
 
5.2.1.2
Integration of sensors and embedded intelligence into actuators
 
 
 
 
5.2.1.3
Rising demand from healthcare
 
 
 
5.2.2
RESTRAINTS
 
 
 
 
 
5.2.2.1
High switching costs in capital-intensive industries
 
 
 
5.2.3
OPPORTUNITIES
 
 
 
 
 
5.2.3.1
Harnessing industrial automation and AI
 
 
 
 
5.2.3.2
Capitalizing on retrofit demand and servitization of legacy systems
 
 
 
 
5.2.3.3
Increased spending on renewable sources of energy for power generation
 
 
 
5.2.4
CHALLENGES
 
 
 
 
 
5.2.4.1
Issues of leakage in pneumatic and hydraulic actuators
 
 
 
 
5.2.4.2
Ensuring cybersecurity and functional safety in smart actuators
 
 
5.3
ECOSYSTEM ANALYSIS
 
 
 
 
 
 
5.3.1
PROMINENT COMPANIES
 
 
 
 
5.3.2
PRIVATE AND SMALL ENTERPRISES
 
 
 
 
5.3.3
APPLICATIONS
 
 
 
5.4
VALUE CHAIN ANALYSIS
 
 
 
 
 
5.5
REGULATORY LANDSCAPE
 
 
 
 
 
5.5.1
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
5.5.2
STANDARDS AND REGULATIONS
 
 
 
5.6
PRICING ANALYSIS
 
 
 
 
 
 
5.6.1
SELLING PRICE OF KEY ACTUATOR PRODUCTS
 
 
 
 
5.6.2
INDICATIVE PRICING OF ACTUATORS, BY TYPE
 
 
 
 
5.6.3
AVERAGE SELLING PRICE RANGE OF ACTUATOR, BY REGION
 
 
 
5.7
TRADE ANALYSIS
 
 
 
 
 
 
5.7.1
IMPORT SCENARIO (HS CODE 841229)
 
 
 
 
5.7.2
EXPORT SCENARIO (HS CODE 841229)
 
 
 
5.8
TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
5.9
TECHNOLOGY ANALYSIS
 
 
 
 
 
5.9.1
KEY TECHNOLOGIES
 
 
 
 
 
5.9.1.1
Smart actuators for Industry 4.0
 
 
 
5.9.2
COMPLIMENTARY TECHNOLOGIES
 
 
 
 
 
5.9.2.1
Artificial muscles
 
 
 
5.9.3
ADJACENT TECHNOLOGIES
 
 
 
 
 
5.9.3.1
Power electronics
 
 
5.10
PATENT ANALYSIS
 
 
 
 
 
5.11
CASE STUDY ANALYSIS
 
 
 
 
5.12
PORTER'S FIVE FORCES ANALYSIS
 
 
 
 
 
5.12.1
INTENSITY OF COMPETITIVE RIVALRY
 
 
 
 
5.12.2
BARGAINING POWER OF SUPPLIERS
 
 
 
 
5.12.3
BARGAINING POWER OF BUYERS
 
 
 
 
5.12.4
THREAT OF SUBSTITUTES
 
 
 
 
5.12.5
THREAT OF NEW ENTRANTS
 
 
 
5.13
KEY STAKEHOLDERS AND BUYING CRITERIA
 
 
 
 
 
 
5.13.1
STAKEHOLDERS IN BUYING PROCESS
 
 
 
 
5.13.2
BUYING CRITERIA
 
 
 
5.14
KEY CONFERENCES AND EVENTS, 2025–2026
 
 
 
 
5.15
INVESTMENT AND FUNDING SCENARIO
 
 
 
 
5.16
IMPACT OF AI/GEN AI ON ACTUATORS MARKET
 
 
 
 
 
5.17
IMPACT OF 2025 US TARIFF ON ACTUATORS MARKET
 
 
 
 
 
 
5.17.1
INTRODUCTION
 
 
 
 
5.17.2
KEY TARIFF RATES
 
 
 
 
5.17.3
PRICE IMPACT ANALYSIS
 
 
 
 
5.17.4
IMPACT ON COUNTRIES/REGIONS
 
 
 
 
 
5.17.4.1
US
 
 
 
 
5.17.4.2
Europe
 
 
 
 
5.17.4.3
Asia Pacific
 
 
 
5.17.5
IMPACT ON END-USE INDUSTRIES
 
 
6
ACTUATORS MARKET, BY ACTUATION
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 2 Data Tables
 
 
 
78
 
6.1
INTRODUCTION
 
 
 
 
6.2
ELECTRIC
 
 
 
 
 
6.2.1
HIGHER EFFICIENCY AND LEVEL OF CONTROL TO INCREASE ADOPTION
 
 
 
6.3
HYDRAULIC
 
 
 
 
 
6.3.1
DEMAND IN HIGH-FORCE APPLICATIONS TO DRIVE MARKET GROWTH
 
 
 
6.4
PNEUMATIC
 
 
 
 
 
6.4.1
ADOPTION IN FOOD & BEVERAGES AND OIL & GAS INDUSTRIES TO DRIVE DEMAND
 
 
 
6.5
OTHERS
 
 
 
 
 
6.5.1
RECENT DEVELOPMENTS IN THERMAL, PIEZOELECTRIC, AND HYBRID ACTUATORS TO SUPPORT MARKET GROWTH
 
 
7
ACTUATORS MARKET, BY APPLICATION
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 4 Data Tables
 
 
 
83
 
7.1
INTRODUCTION
 
 
 
 
7.2
INDUSTRIAL AUTOMATION
 
 
 
 
 
7.2.1
NEED FOR ENHANCING QUALITY AND INCREASING FLEXIBILITY OF MANUFACTURING PROCESS TO DRIVE MARKET
 
 
 
7.3
ROBOTICS
 
 
 
 
 
7.3.1
INCREASING ADOPTION OF ROBOTICS ACROSS AUTOMOTIVE AND ELECTRONICS & ELECTRICAL INDUSTRIES TO DRIVE GROWTH
 
 
 
 
7.3.2
INDUSTRIAL ROBOTS
 
 
 
 
7.3.3
SERVICE ROBOTS
 
 
 
7.4
VEHICLE EQUIPMENT
 
 
 
 
 
7.4.1
INCREASING AUTONOMY LEVELS AND REQUIREMENTS FOR AUTOMATED VALVE CONTROLS AND SUSPENSION MECHANISMS TO DRIVE MARKET
 
 
8
ACTUATORS MARKET, BY TYPE
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 2 Data Tables
 
 
 
87
 
8.1
INTRODUCTION
 
 
 
 
8.2
LINEAR ACTUATORS
 
 
 
 
 
8.2.1
ROD TYPE
 
 
 
 
8.2.2
SCREW TYPE
 
 
 
 
8.2.3
BELT TYPE
 
 
 
8.3
ROTARY ACTUATORS
 
 
 
 
 
8.3.1
MOTORS
 
 
 
 
8.3.2
BLADDER & VANE
 
 
 
 
8.3.3
PISTON TYPE
 
 
9
ACTUATORS MARKET, BY VERTICAL
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million and Units | 4 Data Tables
 
 
 
91
 
9.1
INTRODUCTION
 
 
 
 
9.2
FOOD & BEVERAGES
 
 
 
 
 
9.2.1
AUTOMATION IN FOOD & BEVERAGE SECTOR DRIVING DEMAND FOR SMART AND HYGIENIC ACTUATORS
 
 
 
9.3
OIL & GAS
 
 
 
 
 
9.3.1
NEED FOR PRECISE FLOW CONTROL AND EMISSIONS REDUCTION TO DRIVE MARKET GROWTH
 
 
 
9.4
METALS, MINING & MACHINERY
 
 
 
 
 
9.4.1
DEMAND FOR RELIABLE MOTION AND CONTROL SYSTEMS IN DEMANDING OPERATIONS TO FUEL ADOPTION
 
 
 
9.5
POWER GENERATION
 
 
 
 
 
9.5.1
ELECTRIC ACTUATORS INCREASINGLY USED IN AUXILIARY SYSTEMS AND BALANCE-OF-PLANT OPERATIONS
 
 
 
9.6
CHEMICALS, PAPER & PLASTICS
 
 
 
 
 
9.6.1
ADOPTION OF ADVANCED ACTUATORS INCREASING TO ENSURE RELIABLE QUALITY AND CONSISTENT PERFORMANCE
 
 
 
9.7
PHARMACEUTICALS & HEALTHCARE
 
 
 
 
 
9.7.1
STRINGENT REGULATIONS FOR HYGIENE AND INCREASED DEMAND FOR SURGICAL ROBOTS TO DRIVE GROWTH
 
 
 
9.8
AUTOMOTIVE
 
 
 
 
 
9.8.1
ADVANCEMENTS IN AUTOMOTIVE SECTOR TO INCREASE ADOPTION OF SMART ACTUATORS
 
 
 
9.9
AEROSPACE & DEFENSE
 
 
 
 
 
9.9.1
ADOPTION OF ELECTRIC AND ELECTROMECHANICAL ACTUATORS INCREASING IN SECONDARY SYSTEMS
 
 
 
9.10
MARINE
 
 
 
 
 
9.10.1
INCREASED USE IN COMMERCIAL SHIPBUILDING TO DRIVE SEGMENTAL GROWTH
 
 
 
9.11
ELECTRONICS & ELECTRICAL
 
 
 
 
 
9.11.1
NEED FOR ENHANCED CONTROL EFFICIENCY AND PRODUCTIVITY IN HIGH-TECH MANUFACTURING TO DRIVE DEMAND
 
 
 
9.12
CONSTRUCTION
 
 
 
 
 
9.12.1
INCREASING ADOPTION FOR HEAVY EQUIPMENT PRECISION AND OPERATIONAL EXCELLENCE TO DRIVE MARKET
 
 
 
9.13
UTILITIES
 
 
 
 
 
9.13.1
INCREASED DEMAND FOR LOGISTICS, AGRICULTURE, AND FIELD ROBOTS TO DRIVE SEGMENTAL GROWTH
 
 
 
9.14
HOUSEHOLD & ENTERTAINMENT
 
 
 
 
 
9.14.1
INCREASED DEMAND FOR SERVICE ROBOTS IN DOMESTIC APPLICATIONS TO BOOST DEMAND
 
 
 
9.15
AGRICULTURE
 
 
 
 
 
9.15.1
INCREASING MECHANIZATION TO DRIVE ADOPTION
 
 
10
REGIONAL ANALYSIS
 
 
 
101
 
10.1
INTRODUCTION
 
 
 
 
10.2
NORTH AMERICA
 
 
 
 
 
10.2.1
MACROECONOMIC OUTLOOK FOR NORTH AMERICA
 
 
 
 
10.2.2
US
 
 
 
 
 
10.2.2.1
Increase adoption of Industry 4.0 to drive market
 
 
 
10.2.3
CANADA
 
 
 
 
 
10.2.3.1
Rising demand for linear actuators to drive market
 
 
10.3
EUROPE
 
 
 
 
 
10.3.1
MACROECONOMIC OUTLOOK FOR EUROPE
 
 
 
 
10.3.2
GERMANY
 
 
 
 
 
10.3.2.1
Thriving automotive and manufacturing industries to drive market
 
 
 
10.3.3
UK
 
 
 
 
 
10.3.3.1
Increasing demand from oil & gas industry to drive market
 
 
 
10.3.4
FRANCE
 
 
 
 
 
10.3.4.1
Presence of major aerospace & defense manufacturers to drive market
 
 
 
10.3.5
ITALY
 
 
 
 
 
10.3.5.1
Presence of major automobile and food & beverages manufacturers to drive market
 
 
 
10.3.6
RUSSIA
 
 
 
 
 
10.3.6.1
Diverse industrial landscape to support market growth
 
 
 
10.3.7
REST OF EUROPE
 
 
 
10.4
ASIA PACIFIC
 
 
 
 
 
10.4.1
MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
 
 
 
 
10.4.2
CHINA
 
 
 
 
 
10.4.2.1
Presence of major industries to drive market growth
 
 
 
10.4.3
INDIA
 
 
 
 
 
10.4.3.1
Presence of flourishing steel and textile industries to drive market
 
 
 
10.4.4
JAPAN
 
 
 
 
 
10.4.4.1
Increasing production in industries to drive demand
 
 
 
10.4.5
SOUTH KOREA
 
 
 
 
 
10.4.5.1
Presence of major automotive and electronics manufacturers to drive market
 
 
 
10.4.6
AUSTRALIA
 
 
 
 
 
10.4.6.1
Advancements in automation technologies across industries to boost demand
 
 
 
10.4.7
REST OF ASIA PACIFIC
 
 
 
10.5
MIDDLE EAST
 
 
 
 
 
10.5.1
MACROECONOMIC OUTLOOK FOR MIDDLE EAST
 
 
 
 
10.5.2
GCC COUNTRIES
 
 
 
 
 
10.5.2.1
Industrialization and infrastructure development to drive growth
 
 
 
 
10.5.2.2
Saudi Arabia
 
 
 
 
10.5.2.3
UAE
 
 
 
10.5.3
REST OF MIDDLE EAST
 
 
 
10.6
REST OF THE WORLD (ROW)
 
 
 
 
 
10.6.1
MACROECONOMIC OUTLOOK FOR ROW
 
 
 
 
10.6.2
LATIN AMERICA
 
 
 
 
10.6.3
AFRICA
 
 
11
COMPETITIVE LANDSCAPE
Discover how key players dominate market share through strategic innovation and competitive benchmarking.
 
 
 
178
 
11.1
INTRODUCTION
 
 
 
 
11.2
KEY PLAYER STRATEGIES/RIGHT TO WIN
 
 
 
 
11.3
REVENUE ANALYSIS, 2020–2024
 
 
 
 
 
11.4
MARKET SHARE ANALYSIS, 2024
 
 
 
 
 
11.5
COMPANY VALUATION AND FINANCIAL METRICS
 
 
 
 
11.6
PRODUCT COMPARISON
 
 
 
 
 
11.7
COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
 
 
 
 
 
 
11.7.1
STARS
 
 
 
 
11.7.2
EMERGING LEADERS
 
 
 
 
11.7.3
PERVASIVE PLAYERS
 
 
 
 
11.7.4
PARTICIPANTS
 
 
 
 
11.7.5
COMPANY FOOTPRINT: KEY PLAYERS, 2024
 
 
 
 
 
11.7.5.1
Company footprint
 
 
 
 
11.7.5.2
Region footprint
 
 
 
 
11.7.5.3
Actuation footprint
 
 
 
 
11.7.5.4
Type footprint
 
 
11.8
COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
 
 
 
 
 
 
11.8.1
PROGRESSIVE COMPANIES
 
 
 
 
11.8.2
RESPONSIVE COMPANIES
 
 
 
 
11.8.3
DYNAMIC COMPANIES
 
 
 
 
11.8.4
STARTING BLOCKS
 
 
 
 
11.8.5
COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
 
 
 
 
 
11.8.5.1
Detailed list of key startups/SMEs
 
 
 
 
11.8.5.2
Competitive benchmarking of key startups/SMEs
 
 
11.9
COMPETITIVE SCENARIO
 
 
 
 
 
11.9.1
PRODUCT LAUNCHES
 
 
 
 
11.9.2
DEALS
 
 
12
COMPANY PROFILES
In-depth Company Profiles of Leading Market Players with detailed Business Overview, Product and Service Portfolio, Recent Developments, and Unique Analyst Perspective (MnM View)
 
 
 
194
 
12.1
KEY PLAYERS
 
 
 
 
 
12.1.1
EMERSON ELECTRIC CO.
 
 
 
 
 
12.1.1.1
Business overview
 
 
 
 
12.1.1.2
Products/Solutions/Services offered
 
 
 
 
12.1.1.3
Recent developments
 
 
 
 
12.1.1.4
MnM View
 
 
 
12.1.2
ROCKWELL AUTOMATION
 
 
 
 
12.1.3
PARKER HANNIFIN CORP
 
 
 
 
12.1.4
ABB
 
 
 
 
12.1.5
SMC CORPORATION
 
 
 
 
12.1.6
MOOG INC.
 
 
 
 
12.1.7
CURTISS-WRIGHT CORPORATION
 
 
 
 
12.1.8
REGAL REXNORD
 
 
 
 
12.1.9
ROTORK GROUP
 
 
 
 
12.1.10
SKF GROUP
 
 
 
 
12.1.11
MISUMI GROUP INC.
 
 
 
 
12.1.12
IMI
 
 
 
 
12.1.13
EATON
 
 
 
 
12.1.14
TOLOMATIC
 
 
 
 
12.1.15
VENTURE MFG. CO.
 
 
 
12.2
OTHER PLAYERS
 
 
 
 
 
12.2.1
INTELLIGENT ACTUATOR, INC.
 
 
 
 
12.2.2
HARMONIC DRIVE LLC
 
 
 
 
12.2.3
NOOK INDUSTRIES, INC.
 
 
 
 
12.2.4
SHOGHI COMMUNICATION LTD.
 
 
 
 
12.2.5
DVG AUTOMATION SPA
 
 
 
 
12.2.6
MACRON DYNAMICS
 
 
 
 
12.2.7
ROTOMATION INC.
 
 
 
 
12.2.8
PEGASUS ACTUATORS GMBH
 
 
 
 
12.2.9
KINITICS AUTOMATION
 
 
 
 
12.2.10
FESTO
 
 
13
APPENDIX
 
 
 
257
 
13.1
INSIGHTS OF INDUSTRY EXPERTS
 
 
 
 
13.2
DISCUSSION GUIDE
 
 
 
 
13.3
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
 
 
 
 
13.4
CUSTOMIZATION OPTIONS
 
 
 
 
13.5
RELATED REPORTS
 
 
 
 
13.6
AUTHOR DETAILS
 
 
 
LIST OF TABLES
 
 
 
 
 
TABLE 1
RISK ASSESSMENT ANALYSIS
 
 
 
 
TABLE 2
ACTUATORS MARKET: ROLE OF COMPANIES IN ECOSYSTEM
 
 
 
 
TABLE 3
NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 4
EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 5
ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 6
LIST OF INTERNATIONAL SOCIETY OF AUTOMATION STANDARDS FOR ACTUATORS
 
 
 
 
TABLE 7
SELLING PRICE OF FEW KEY ACTUATOR PRODUCTS (2024)
 
 
 
 
TABLE 8
INDICATIVE PRICING OF AUTOMOTIVE ACTUATORS, BY TYPE, 2024
 
 
 
 
TABLE 9
INDICATIVE PRICING OF AIRCRAFT ACTUATORS, BY ACTUATOR TYPE, 2024
 
 
 
 
TABLE 10
INDICATIVE PRICING OF MARINE ACTUATORS, BY ACTUATOR TYPE, 2024
 
 
 
 
TABLE 11
INDICATIVE PRICING OF INDUSTRIAL ACTUATORS, BY ACTUATOR TYPE, 2024
 
 
 
 
TABLE 12
AVERAGE SELLING PRICE RANGE OF ACTUATORS, BY REGION, 2024
 
 
 
 
TABLE 13
IMPORT DATA FOR HS CODE 841229-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)
 
 
 
 
TABLE 14
EXPORT DATA FOR HS CODE 841229-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)
 
 
 
 
TABLE 15
LIST OF KEY PATENTS IN ACTUATORS MARKET, 2020–2024
 
 
 
 
TABLE 16
SOLAR-POWERED AUTOMATION FOR MELBOURNE WATER
 
 
 
 
TABLE 17
WATER RESISTANT BELT DRIVE ACTUATOR SYSTEM
 
 
 
 
TABLE 18
HIGH PRECISION LINEAR ACTUATOR
 
 
 
 
TABLE 19
ACTUATORS MARKET: PORTER'S FIVE FORCES ANALYSIS
 
 
 
 
TABLE 20
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ACTUATORS, BY VERTICAL (%)
 
 
 
 
TABLE 21
KEY BUYING CRITERIA FOR ACTUATORS, BY VERTICAL
 
 
 
 
TABLE 22
KEY CONFERENCES AND EVENTS, 2025–2026
 
 
 
 
TABLE 23
INVESTMENT AND FUNDING SCENARIO, 2020−2024
 
 
 
 
TABLE 24
US ADJUSTED RECIPROCAL TARIFF RATES
 
 
 
 
TABLE 25
EXPECTED CHANGE IN PRICES AND LIKELY IMPACT ON END-USE MARKET DUE TO TARIFF
 
 
 
 
TABLE 26
ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 27
ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 28
ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 29
ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 30
ACTUATORS MARKET IN ROBOTICS, BY ROBOT TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 31
ACTUATORS MARKET IN ROBOTICS, BY ROBOT TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 32
ACTUATORS MARKET, BY TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 33
ACTUATORS MARKET, BY TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 34
ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 35
ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 36
AUTOMOTIVE ACTUATORS MARKET, BY VEHICLE TYPE, 2021–2030 (MILLION UNITS)
 
 
 
 
TABLE 37
AIRCRAFT ACTUATORS MARKET, BY AIRCRAFT TYPE,2021–2030 (THOUSAND UNITS)
 
 
 
 
TABLE 38
ACTUATORS MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 39
ACTUATORS MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 40
NORTH AMERICA: ACTUATORS MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 41
NORTH AMERICA: ACTUATORS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 42
NORTH AMERICA: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 43
NORTH AMERICA: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 44
NORTH AMERICA: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 45
NORTH AMERICA: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 46
NORTH AMERICA: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 47
NORTH AMERICA: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 48
NORTH AMERICA ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 49
NORTH AMERICA: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 50
NORTH AMERICA: ACTUATORS MARKET, BY TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 51
NORTH AMERICA: ACTUATORS MARKET, BY TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 52
US: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 53
US: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 54
US: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 55
US: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 56
US: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 57
US: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 58
CANADA: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 59
CANADA: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 60
CANADA: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 61
CANADA: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 62
CANADA: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 63
CANADA: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 64
EUROPE: ACTUATORS MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 65
EUROPE: ACTUATORS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 66
EUROPE: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 67
EUROPE: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 68
EUROPE: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 69
EUROPE: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 70
EUROPE: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 71
EUROPE: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 72
EUROPE: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 73
EUROPE: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 74
EUROPE: ACTUATORS MARKET, BY TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 75
EUROPE: ACTUATORS MARKET, BY TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 76
GERMANY: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 77
GERMANY: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 78
GERMANY: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 79
GERMANY: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 80
GERMANY: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 81
GERMANY: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 82
UK: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 83
UK: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 84
UK: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 85
UK: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 86
UK: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 87
UK: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 88
FRANCE: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 89
FRANCE: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 90
FRANCE: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 91
FRANCE: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 92
FRANCE: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 93
FRANCE: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 94
ITALY: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 95
ITALY: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 96
ITALY: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 97
ITALY: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 98
ITALY: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 99
ITALY: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 100
RUSSIA: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 101
RUSSIA: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 102
RUSSIA: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 103
RUSSIA: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 104
RUSSIA: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 105
RUSSIA: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 106
REST OF EUROPE: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 107
REST OF EUROPE: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 108
REST OF EUROPE: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 109
REST OF EUROPE: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 110
REST OF EUROPE: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 111
REST OF EUROPE: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 112
ASIA PACIFIC: ACTUATORS MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 113
ASIA PACIFIC: ACTUATORS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 114
ASIA PACIFIC: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 115
ASIA PACIFIC: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 116
ASIA PACIFIC: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 117
ASIA PACIFIC: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 118
ASIA PACIFIC: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 119
ASIA PACIFIC: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 120
ASIA PACIFIC: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 121
ASIA PACIFIC: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 122
ASIA PACIFIC: ACTUATORS MARKET, BY TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 123
ASIA PACIFIC: ACTUATORS MARKET, BY TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 124
CHINA: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 125
CHINA: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 126
CHINA: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 127
CHINA: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 128
CHINA: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 129
CHINA: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 130
INDIA: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 131
INDIA: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 132
INDIA: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 133
INDIA: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 134
INDIA: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 135
INDIA: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 136
JAPAN: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 137
JAPAN: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 138
JAPAN: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 139
JAPAN: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 140
JAPAN: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 141
JAPAN: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 142
SOUTH KOREA: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 143
SOUTH KOREA: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 144
SOUTH KOREA: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 145
SOUTH KOREA: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 146
SOUTH KOREA: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 147
SOUTH KOREA: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 148
AUSTRALIA: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 149
AUSTRALIA: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 150
AUSTRALIA: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 151
AUSTRALIA: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 152
AUSTRALIA: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 153
AUSTRALIA: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 154
REST OF ASIA PACIFIC: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 155
REST OF ASIA PACIFIC: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 156
REST OF ASIA PACIFIC: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 157
REST OF ASIA PACIFIC: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 158
REST OF ASIA PACIFIC: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 159
REST OF ASIA PACIFIC: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 160
MIDDLE EAST: ACTUATORS MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 161
MIDDLE EAST: ACTUATORS MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 162
MIDDLE EAST: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 163
MIDDLE EAST: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 164
MIDDLE EAST: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 165
MIDDLE EAST: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 166
MIDDLE EAST: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 167
MIDDLE EAST: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 168
MIDDLE EAST: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 169
MIDDLE EAST: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 170
MIDDLE EAST: ACTUATORS MARKET, BY TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 171
MIDDLE EAST: ACTUATORS MARKET, BY TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 172
GCC COUNTRIES: ACTUATORS MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 173
GCC COUNTRIES: ACTUATORS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 174
GCC COUNTRIES: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 175
GCC COUNTRIES: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 176
GCC COUNTRIES: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 177
GCC COUNTRIES: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 178
GCC COUNTRIES: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 179
GCC COUNTRIES: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 180
SAUDI ARABIA: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 181
SAUDI ARABIA: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 182
SAUDI ARABIA: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 183
SAUDI ARABIA: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 184
SAUDI ARABIA: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 185
SAUDI ARABIA: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 186
UAE: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 187
UAE: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 188
UAE: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 189
UAE: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 190
UAE: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 191
UAE: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 192
REST OF MIDDLE EAST: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 193
REST OF MIDDLE EAST: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 194
REST OF MIDDLE EAST: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 195
REST OF MIDDLE EAST: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 196
REST OF MIDDLE EAST: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 197
REST OF MIDDLE EAST: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 198
ROW: ACTUATORS MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 199
ROW: ACTUATORS MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 200
ROW: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 201
ROW: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 202
ROW: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 203
ROW: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 204
ROW: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 205
ROW: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 206
ROW: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 207
ROW: ACTUATORS MARKET IN ROBOTICS, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 208
ROW: ACTUATORS MARKET, BY TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 209
ROW: ACTUATORS MARKET, BY TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 210
LATIN AMERICA: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 211
LATIN AMERICA: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 212
LATIN AMERICA: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 213
LATIN AMERICA: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 214
LATIN AMERICA: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 215
LATIN AMERICA: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 216
AFRICA: ACTUATORS MARKET, BY VERTICAL, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 217
AFRICA: ACTUATORS MARKET, BY VERTICAL, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 218
AFRICA: ACTUATORS MARKET, BY ACTUATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 219
AFRICA: ACTUATORS MARKET, BY ACTUATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 220
AFRICA: ACTUATORS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 221
AFRICA: ACTUATORS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 222
STRATEGIES ADOPTED BY KEY PLAYERS, 2023–2024
 
 
 
 
TABLE 223
ACTUATORS MARKET: DEGREE OF COMPETITION, 2024
 
 
 
 
TABLE 224
PRODUCT COMPARISON OF DIFFERENT ACTUATOR MANUFACTURERS
 
 
 
 
TABLE 225
ACTUATORS MARKET: REGION FOOTPRINT
 
 
 
 
TABLE 226
ACTUATORS MARKET: ACTUATION FOOTPRINT
 
 
 
 
TABLE 227
ACTUATORS MARKET: TYPE FOOTPRINT
 
 
 
 
TABLE 228
ACTUATORS MARKET: LIST OF KEY STARTUPS/SMES
 
 
 
 
TABLE 229
ACTUATORS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
 
 
 
 
TABLE 230
ACTUATORS MARKET: PRODUCT LAUNCHES, JANUARY 2023–AUGUST 2025
 
 
 
 
TABLE 231
ACTUATORS MARKET: DEALS, JANUARY 2023–AUGUST 2025
 
 
 
 
TABLE 232
EMERSON ELECTRIC CO.: COMPANY OVERVIEW
 
 
 
 
TABLE 233
EMERSON ELECTRIC CO.: PRODUCTS OFFERED
 
 
 
 
TABLE 234
EMERSON ELECTRIC CO.: PRODUCT LAUNCHES
 
 
 
 
TABLE 235
EMERSON ELECTRIC CO.: DEALS
 
 
 
 
TABLE 236
ROCKWELL AUTOMATION: COMPANY OVERVIEW
 
 
 
 
TABLE 237
ROCKWELL AUTOMATION: PRODUCTS OFFERED
 
 
 
 
TABLE 238
ROCKWELL AUTOMATION: DEALS
 
 
 
 
TABLE 239
PARKER HANNIFIN CORP: COMPANY OVERVIEW
 
 
 
 
TABLE 240
PARKER HANNIFIN CORP: PRODUCTS OFFERED
 
 
 
 
TABLE 241
ABB: COMPANY OVERVIEW
 
 
 
 
TABLE 242
ABB: PRODUCTS OFFERED
 
 
 
 
TABLE 243
ABB: PRODUCT LAUNCHES
 
 
 
 
TABLE 244
SMC CORPORATION: COMPANY OVERVIEW
 
 
 
 
TABLE 245
SMC CORPORATION: PRODUCTS OFFERED
 
 
 
 
TABLE 246
SMC CORPORATION: PRODUCT LAUNCHES
 
 
 
 
TABLE 247
MOOG INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 248
MOOG INC.: PRODUCTS OFFERED
 
 
 
 
TABLE 249
CURTISS-WRIGHT CORPORATION: COMPANY OVERVIEW
 
 
 
 
TABLE 250
CURTISS-WRIGHT CORPORATION: PRODUCTS OFFERED
 
 
 
 
TABLE 251
CURTISS-WRIGHT CORPORATION: PRODUCT LAUNCHES
 
 
 
 
TABLE 252
CURTISS-WRIGHT CORPORATION: OTHER DEVELOPMENTS
 
 
 
 
TABLE 253
REGAL REXNORD: COMPANY OVERVIEW
 
 
 
 
TABLE 254
REGAL REXNORD: PRODUCTS OFFERED
 
 
 
 
TABLE 255
REGAL REXNORD: PRODUCT LAUNCHES
 
 
 
 
TABLE 256
ROTORK GROUP: COMPANY OVERVIEW
 
 
 
 
TABLE 257
ROTORK GROUP: PRODUCTS OFFERED
 
 
 
 
TABLE 258
ROTORK GROUP: PRODUCT LAUNCHES
 
 
 
 
TABLE 259
ROTORK GROUP: DEALS
 
 
 
 
TABLE 260
SKF GROUP: COMPANY OVERVIEW
 
 
 
 
TABLE 261
SKF GROUP: PRODUCTS OFFERED
 
 
 
 
TABLE 262
MISUMI GROUP INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 263
MISUMI GROUP INC.: PRODUCTS OFFERED
 
 
 
 
TABLE 264
IMI: COMPANY OVERVIEW
 
 
 
 
TABLE 265
IMI: PRODUCTS OFFERED
 
 
 
 
TABLE 266
EATON: COMPANY OVERVIEW
 
 
 
 
TABLE 267
EATON: PRODUCTS OFFERED
 
 
 
 
TABLE 268
TOLOMATIC: COMPANY OVERVIEW
 
 
 
 
TABLE 269
TOLOMATIC: PRODUCTS OFFERED
 
 
 
 
TABLE 270
TOLOMATIC: PRODUCT LAUNCHES
 
 
 
 
TABLE 271
VENTURE MFG. CO.: COMPANY OVERVIEW
 
 
 
 
TABLE 272
VENTURE MFG. CO.: PRODUCTS OFFERED
 
 
 
 
TABLE 273
INTELLIGENT ACTUATOR, INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 274
HARMONIC DRIVE LLC: COMPANY OVERVIEW
 
 
 
 
TABLE 275
NOOK INDUSTRIES, INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 276
SHOGHI COMMUNICATION LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 277
DVG AUTOMATION SPA: COMPANY OVERVIEW
 
 
 
 
TABLE 278
MACRON DYNAMICS: COMPANY OVERVIEW
 
 
 
 
TABLE 279
ROTOMATION INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 280
PEGASUS ACTUATORS GMBH: COMPANY OVERVIEW
 
 
 
 
TABLE 281
KINITICS AUTOMATION: COMPANY OVERVIEW
 
 
 
 
TABLE 282
FESTO: COMPANY OVERVIEW
 
 
 
 
LIST OF FIGURES
 
 
 
 
 
FIGURE 1
ACTUATORS MARKET SEGMENTATION AND REGIONAL SCOPE
 
 
 
 
FIGURE 2
ACTUATORS MARKET: RESEARCH DESIGN
 
 
 
 
FIGURE 3
ACTUATORS MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE)
 
 
 
 
FIGURE 4
ACTUATORS MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
 
 
 
 
FIGURE 5
ACTUATORS MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
 
 
 
 
FIGURE 6
ACTUATORS MARKET: DATA TRIANGULATION
 
 
 
 
FIGURE 7
ACTUATORS MARKET: RESEARCH ASSUMPTIONS
 
 
 
 
FIGURE 8
AUTOMOTIVE TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
 
 
 
 
FIGURE 9
LINEAR ACTUATORS TO DOMINATE MARKET FROM 2025 TO 2030
 
 
 
 
FIGURE 10
ELECTRIC ACTUATION SEGMENT TO LEAD ACTUATORS MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 11
ROBOTICS APPLICATION TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
 
 
 
 
FIGURE 12
ASIA PACIFIC TO LEAD ACTUATORS MARKET IN 2024
 
 
 
 
FIGURE 13
INCREASED DEMAND FOR ELECTRIC ACTUATORS TO DRIVE MARKET GROWTH
 
 
 
 
FIGURE 14
ELECTRIC ACTUATION SEGMENT TO WITNESS HIGHEST CAGR FROM 2025 TO 2030
 
 
 
 
FIGURE 15
LINEAR ACTUATOR SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 16
VEHICLE EQUIPMENT APPLICATION SEGMENT TO LEAD MARKET FROM 2025 TO 2030
 
 
 
 
FIGURE 17
AUTOMOTIVE VERTICAL TO BE DOMINANT END USER OF ACTUATORS FROM 2025 TO 2030
 
 
 
 
FIGURE 18
INDIA TO WITNESS HIGHEST MARKET GROWTH FROM 2025 TO 2030
 
 
 
 
FIGURE 19
MARKET DYNAMICS: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
 
 
 
 
FIGURE 20
IMPACT ANALYSIS: DRIVERS
 
 
 
 
FIGURE 21
IMPACT ANALYSIS: RESTRAINTS
 
 
 
 
FIGURE 22
IMPACT ANALYSIS: OPPORTUNITIES
 
 
 
 
FIGURE 23
IMPACT ANALYSIS: CHALLENGES
 
 
 
 
FIGURE 24
ECOSYSTEM ANALYSIS: ACTUATORS MARKET
 
 
 
 
FIGURE 25
ACTUATORS MARKET: VALUE CHAIN ANALYSIS
 
 
 
 
FIGURE 26
IMPORT SCENARIO FOR HS CODE 841229-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024
 
 
 
 
FIGURE 27
EXPORT SCENARIO FOR HS CODE 841229-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024
 
 
 
 
FIGURE 28
TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
FIGURE 29
PATENT ANALYSIS: ACTUATORS MARKET
 
 
 
 
FIGURE 30
ACTUATORS MARKET: PORTER'S FIVE FORCES ANALYSIS
 
 
 
 
FIGURE 31
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ACTUATORS, BY VERTICAL
 
 
 
 
FIGURE 32
KEY BUYING CRITERIA FOR ACTUATORS, BY VERTICAL
 
 
 
 
FIGURE 33
INVESTMENT AND FUNDING SCENARIO, 2020−2024
 
 
 
 
FIGURE 34
ELECTRIC SEGMENT TO LEAD ACTUATORS MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 35
VEHICLE EQUIPMENT APPLICATION TO ACCOUNT FOR LARGEST MARKET SHARE IN 2025
 
 
 
 
FIGURE 36
INDUSTRIAL ROBOTS SEGMENT TO LEAD ACTUATORS MARKET IN ROBOTICS
 
 
 
 
FIGURE 37
ACTUATORS MARKET, BY TYPE, 2025 VS. 2030
 
 
 
 
FIGURE 38
ACTUATORS MARKET, BY VERTICAL, 2025 VS. 2030
 
 
 
 
FIGURE 39
INDIA TO WITNESS HIGHEST MARKET GROWTH DURING FORECAST PERIOD
 
 
 
 
FIGURE 40
NORTH AMERICA: ACTUATORS MARKET SNAPSHOT
 
 
 
 
FIGURE 41
EUROPE: ACTUATORS MARKET SNAPSHOT
 
 
 
 
FIGURE 42
ASIA PACIFIC: ACTUATORS MARKET SNAPSHOT
 
 
 
 
FIGURE 43
REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020–2024
 
 
 
 
FIGURE 44
MARKET SHARE ANALYSIS OF KEY PLAYERS IN ACTUATORS MARKET, 2024
 
 
 
 
FIGURE 45
COMPANY VALUATION, 2025
 
 
 
 
FIGURE 46
FINANCIAL METRICS (EV/EBITDA), 2025
 
 
 
 
FIGURE 47
ACTUATORS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024
 
 
 
 
FIGURE 48
ACTUATORS MARKET: COMPANY FOOTPRINT
 
 
 
 
FIGURE 49
ACTUATORS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024
 
 
 
 
FIGURE 50
EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 51
ROCKWELL AUTOMATION: COMPANY SNAPSHOT
 
 
 
 
FIGURE 52
PARKER HANNIFIN CORP: COMPANY SNAPSHOT
 
 
 
 
FIGURE 53
ABB: COMPANY SNAPSHOT
 
 
 
 
FIGURE 54
SMC CORPORATION: COMPANY SNAPSHOT
 
 
 
 
FIGURE 55
MOOG INC.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 56
CURTISS-WRIGHT CORPORATION: COMPANY SNAPSHOT
 
 
 
 
FIGURE 57
REGAL REXNORD: COMPANY SNAPSHOT
 
 
 
 
FIGURE 58
ROTORK GROUP: COMPANY SNAPSHOT
 
 
 
 
FIGURE 59
SKF GROUP: COMPANY SNAPSHOT
 
 
 
 
FIGURE 60
MISUMI GROUP INC.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 61
IMI: COMPANY SNAPSHOT
 
 
 
 
FIGURE 62
EATON: COMPANY SNAPSHOT
 
 
 
 

Methodology

The study involved major activities in estimating the current market size for the actuators market. Exhaustive secondary research was done to collect information on the industry. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Different approaches, such as top-down and bottom-up, were employed to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the actuators market.

Secondary Research

The market size for companies offering actuators is arrived at by secondary data available through paid and unpaid sources, analyzing the product portfolios of the major companies in the ecosystem, and rating the companies by their performance and quality. Various sources were referred to in the secondary research process to identify and collect information for this study. The secondary sources include annual reports, press releases, investor presentations of companies, white papers, journals, certified publications, and articles from recognized authors, directories, and databases. In the secondary research process, various secondary sources were referred to to identify and collect information related to the study. Secondary sources included annual reports, press releases, and investor presentations of vendors, forums, certified publications, and whitepapers. The secondary research was used to obtain critical information on the industry’s value chain, the total pool of key players, market classification, and segmentation from the market and technology-oriented perspectives.

Primary Research

Extensive primary research has been conducted after understanding and analyzing the current scenario of the actuators market through secondary research. Several primary interviews have been conducted with key opinion leaders from the demand and supply sides across four main regions—North America, Europe, Asia Pacific, and RoW. Approximately 30% of the primary interviews were conducted with the demand-side respondents, while approximately 70% were conducted with the supply-side respondents. The primary data has been collected through questionnaires, emails, and telephone interviews.

After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primary research. Along with the in-house subject matter experts’ opinions, this led us to the findings described in the remainder of this report. The breakdown of primary respondents is as follows:

Actuators Market
 Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the actuators market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

Actuators Market : Top-Down and Bottom-Up Approach

Actuators Market Top Down and Bottom Up Approach

Data Triangulation

The market was split into several segments and subsegments after arriving at the overall market size using the market size estimation processes as explained above. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from the demand and supply sides.

Market Definition

Actuators are devices that convert energy into motion and are used in moving or controlling mechanisms and systems. They are operated by an external source of energy, typically electric current, hydraulic fluid pressure, or pneumatic pressure, which is then converted to motion. Depending on the application area, they are available in various types and sizes. Actuators are used in manufacturing or industrial applications and devices such as valves, motors, switches, industrial fans, blowers, pumps, machine tools, household appliances, power tools, and disk drives.

Key Stakeholders

  • Actuator Manufacturers
  • Actuator Wholesalers, Retailers, and Distributors
  • System Integrators
  • Research Bodies
  • Technology Support Providers
  • Subcomponent Manufacturers
  • Raw Material Suppliers

Report Objectives

  • To describe and forecast the size of the actuators market, by type, actuation, application, and vertical, in terms of value
  • To forecast the size of various segments of the actuators market across North America, Europe, Asia Pacific, the Middle East, and the Rest of the World (RoW), in terms of value
  • To forecast the market size for aerospace, automotive, and marine end users in terms of volume
  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the actuators market
  • To provide ecosystem analysis, case study analysis, patent analysis, technology analysis, pricing analysis, Porter’s five forces analysis, key stakeholders and buying criteria, investment and funding scenario, trade analysis, trends/disruptions impacting customer business, the impact of AI/Gen AI and 2025 US tariff, key conferences and events, regulatory bodies, government agencies, and regulations pertaining to the market under study
  • To analyze micromarkets with respect to their growth trends, prospects, and contribution to the overall market
  • To provide a detailed competitive landscape of the market, along with the market share analysis of leading players
  • To provide a comprehensive analysis of business and corporate strategies adopted by key players to strengthen their positions in the actuators market
  • To provide the macroeconomic outlook for all regions covered in the report
  • To strategically profile key players in the market and comprehensively analyze their core competencies
  • To study the complete value chain of the actuators market
  • To analyze opportunities for stakeholders by identifying high-growth segments of the actuators market
  • To analyze competitive developments, such as product launches, acquisitions, partnerships, and expansions, in the global actuators market

Customization Options:

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

  • Detailed analysis and profiling of additional market players based on various blocks of the supply chain

Key Questions Addressed by the Report

What is an actuator?

Actuators are devices that convert energy into motion and are used in moving or controlling mechanisms and systems. An external energy source operates them, typically electric current, hydraulic fluid pressure, or pneumatic pressure, which is then converted to motion.

What CAGR is the actuators market expected to witness from 2025 to 2030?

The global actuators market is expected to record a CAGR of 7.1% between 2025 and 2030.

What are the driving factors for the actuators market?

The growing demand for industrial automation and the increased focus on advancements in actuator technology drive the actuators market.

Which are the significant players operating in the actuators market?

Emerson Electric Co. (US), PARKER HANNIFIN CORP (US), Rockwell Automation (US), and SMC Corporation (Japan) are major companies operating in the actuators market.

Which region is anticipated to lead the actuators market during the forecast period?

Asia Pacific is expected to lead the actuators market from 2025 to 2030.

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Growth opportunities and latent adjacency in Actuators Market

Michael

Jun, 2019

I am interested in this report as a demonstration to the Department of Defense that fluid power actuators continue to be a very viable solution within industry despite the proliferation of electric actuators..

Javier

Mar, 2019

I am researching the market potential of shape memory alloy actuators in the global actuator market and the aerospace market. .

Benjamin

Oct, 2019

We are interested in the worldwide growth and absolute revenue of electric alternatives instead of pneumatic actuators..

LEE

Jun, 2019

We developed an actuator product and we are doing a market research to sell this product. We need information for faster sales response and further development. I hope you will help me with market information related to actuators or market information related to sales. Thank you..

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