Global Actuators Strategic Industry Report 2024: Reach $108.7 Billion by 2030 – Smart Cities Emerge as Major Opportunity – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The

Global Actuators Market to Reach $108.7 Billion by 2030

The global market for Actuators estimated at US$56.6 Billion in the year 2022, is projected to reach a revised size of US$108.7 Billion by 2030, growing at a CAGR of 8.5% over the analysis period 2022-2030. Linear Actuators, one of the segments analyzed in the report, is projected to record 8.9% CAGR and reach US$72.5 Billion by the end of the analysis period. Growth in the Rotary Actuators segment is estimated at 7.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $8.6 Billion, While China is Forecast to Grow at 10.8% CAGR

The Actuators market in the U.S. is estimated at US$8.6 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$34.1 Billion by the year 2030 trailing a CAGR of 10.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 7.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7% CAGR.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Attributes:

Report Attribute Details
No. of Pages 1049
Forecast Period 2022 – 2030
Estimated Market Value (USD) in 2022 $56.6 Billion
Forecasted Market Value (USD) by 2030 $108.7 Billion
Compound Annual Growth Rate 8.5%
Regions Covered Global 

Key Topics Covered:

MARKET OVERVIEW

  • Global Economic Update
  • Competitive Market Presence – Strong/Active/Niche/Trivial for 371 Players Worldwide in 2023 (E)
  • Global Market Prospects & Outlook
  • Analysis by Actuator Type
  • Analysis by Actuation Type
  • Geographic Market Analysis
  • China: A Major Market
  • Actuators: A Prelude
  • Types of Actuators
  • Types of Actuator Control Systems
  • Major Applications of Actuators
  • Recent Market Activity
  • Select Global Brands

MARKET TRENDS & DRIVERS

  • Actuators: A Critical Component of Industrial Assemblies
  • How Actuator Advances & Innovations are Morphing Industries for Good?
  • Select Innovations & Advancements
  • Valve Actuators: A Hotbed of Unabated Innovations with Solid Performance Gains
  • A Look at Vibrant Electric Actuators Trends worth Getting Excited About
  • Electric Actuators Maintain Momentum & Set to Deliver Electrifying Performance Ahead
  • Electric Linear Actuators as Powerful Torque behind Seismic Shift in Material Handling Automation
  • Pneumatic Actuator Market: Host of Dynamic Drivers & Challenges
  • High Demand for Smart Linear Actuators
  • Soaring Demand on Expense of Hydraulic & Pneumatic Options
  • Rising Industrial Automation Trend to Fuel Growth
  • Linear Actuators, a Cutting Edge Technology Enabling Industrial Automation Functions
  • Material Handling: Electric Linear Actuator Advances & Tempting Payoffs
  • Rise in Aircraft Fleet to Support Demand for Actuators
  • Electric Actuators Gain Significance in Aerospace and Defense Applications
  • Smart Cities: A Major Opportunity Market
  • Growing Use of Automated Systems in Vehicles Propels Demand for Actuators
  • Encouraging Outlook for Automobile Production Despite Disruptions, Bodes Well for the Growth of Linear Actuators
  • Rise in Luxury Vehicle Sales Augurs Well for Actuators
  • Growing Focus on Electric Technologies Augments Demand for Automotive Actuators
  • Connected Cars on the Rise, Bodes Well for the Market
  • Growing Interest in Autonomous Vehicles to Drive Opportunities
  • Automotive Engine Actuators Market: An Overview
  • Growing Use of Electromechanical Actuators in the Automotive Industry
  • Strong Focus on Water & Wastewater Management to Impel Market Growth
  • Technology Developments Drive Use of Actuators in Medical Devices
  • Actuators Gain Importance in Oil and Gas Sector
  • Elimination of Methane Emissions with Electric Actuators
  • Increasing Rate of Industrialization and Urbanization Catapults Growth of the Market for Actuators

FOCUS ON SELECT PLAYERS (Total 371 Featured)

  • ADVICS CO., Ltd.
  • Altra Industrial Motion Corporation
  • Australian Brake Controls Pty Limited
  • APC International Ltd.
  • Asahi/America, Inc.
  • Auma Riester GmbH & Co. KG
  • Aignep SpA
  • Alpha Controls Ltd.
  • Arkwin Industries, Inc.
  • Applied Motion Products, Inc.
  • Actuated Solutions Limited
  • Amer Group
  • American Building Supply, Inc.
  • Australian Accident Repair Network Pty Limited
  • 257 Srl

For more information about this report visit https://www.researchandmarkets.com/r/162sho

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