image

Actuators Market Report Scope & Overview:

The Actuators Market was estimated at USD 56.47 billion in 2023 and is expected to reach USD 128.03 billion by 2032, with a growing CAGR of 9.52% over the forecast period 2024-2032. This report offers a unique perspective on the Actuators Market by analyzing regional production volumes and utilization rates, highlighting differences in operational efficiency worldwide. It explores performance reliability and downtime trends, emphasizing advancements in actuator consistency and system uptime. The report also tracks technological integration levels, noting increased adoption of smart and automated actuators across industrial hubs. Global trade flow insights reveal evolving import-export dynamics and emerging supply chain shifts. Additionally, it includes a forward-looking view on sustainability-driven innovations, focusing on the rise of energy-efficient and recyclable actuator technologies.

The U.S. hydrogen pipeline market is poised for significant growth, expanding from USD 17.55 billion in 2023 to USD 38.49 billion by 2032, with a compound annual growth rate (CAGR) of 9.12%. This surge is largely fueled by the growing emphasis on clean and sustainable energy sources, with hydrogen playing a key role in reducing carbon emissions. As the U.S. government and private sector invest in hydrogen infrastructure, the pipeline network is set to expand to meet rising demand. Technological advancements, along with supportive policies, are accelerating the development of a robust hydrogen economy.

Market Dynamics

Drivers

  • The surge in industrial automation across sectors is driving strong demand for actuators in robotics, machinery, and smart manufacturing systems.

The growing wave of industrial automation is a major driver propelling the actuators market forward.  Automation technologies are being rapidly adopted in industries like automotive, aerospace and manufacturing to boost productivity, precision and efficiency. Actuators are essential for this process and serve an important function in robotic arms, conveyor systems, CNC machines, and automated assembly lines. Electromechanical, pneumatic, and hydraulic actuators are now more in demand than ever as organizations look to automate processes in a bid to minimize human intervention and optimize operational safety. Demand for mass customization and just-in-time manufacturing processes also drives this trend. Market is growing with the investment into Smart manufacturing & process optimization. The increasing inclusion of smart sensors and Internet of Things (IoT) capabilities in actuators is also gaining momentum, as the actuation industry moves towards Industry 4.0 and unlocks predictive maintenance, remote monitoring, and advanced process control across a multitude of industries.

Restraint

  • High initial costs of advanced actuators limit adoption among SMEs due to expensive components, integration, and setup requirements.

High initial costs present a significant restraint in the actuators market, particularly for small and medium-sized enterprises (SMEs). Advanced actuators used in aerospace, robotics, and precision industrial applications often require complex designs, high-quality materials, and narrow manufacturing tolerances, resulting in higher costs. Moreover, attaching these actuators to current systems typically requires both specialized engineering support and infrastructure upgrades, which increases upfront investments even more. These costs can be a significant financial burden for most SMEs, preventing the adoption of more advanced actuator technologies that could improve their overall performance and efficiency. So many companies may choose less sophisticated or legacy systems, stagnating the pace of innovation and adoption in the broader market. It is essential to overcome this barrier by developing cost-effective production methods, offering an increasing number of modular solutions, and expanding access to financing or leasing models to enable the adoption of technology by businesses of all sizes.

Opportunities

  • Industry 4.0 and IIoT are driving demand for smart actuators with sensors and analytics for real-time monitoring and predictive maintenance.

The integration of Industry 4.0 and the Industrial Internet of Things (IIoT) is revolutionizing the actuator market by driving demand for intelligent, connected systems. Smart actuators, outfitted with sensors and connectivity, are vital in facilitating real-time data gathering, remote monitoring, and predictive maintenance in the industrial arena. These actuators allow systems to sense anomalies, dynamically fine-tune operations, and interface with other system components on optimizing performance. The demand for IoT Solutions are growing with the rise of Industry 4.0, as these technologies can improve operations, minimize downtime, and facilitate automation. In addition, the integration of smart actuators is becoming increasingly crucial in the transition to data-driven decision-making and digitization of industries, as they pave the way for great productivity and energy efficiency. When combined with analytics platforms and cloud-based systems, actuators play a convenient role in predictive maintenance as companies can proactively solve the problems before failures. This trend will only accelerate as manufacturers want smarter, more intelligent systems.

Challenges

  • Emerging motion control technologies like piezoelectric actuators pose a threat to traditional actuators by offering greater precision, efficiency, and miniaturization.

The actuator market is increasingly facing competition from emerging motion control technologies, particularly piezoelectric devices. These have the benefits of being more precise, quicker and more efficient than classical actuators like hydraulic, pneumatic or even electric ones. Piezoelectric actuators, for example, are being increasingly attractive for high-precision applications in the micro and nano range, such as in medical devices, semiconductors, and optics. But as industries become more focused on efficiency and miniaturization, as well as cleaner energy solutions, these newer technologies are putting themselves forth as viable alternatives. Furthermore, recent developments in materials science and manufacturing processes are making these technologies increasingly affordable and viable. This increasing preference represents a challenge to traditional actuator manufacturers who may have to invest in innovation and adjust to changing market demands. That failure to adapt could lead to diminishing market share as end-users make the switch to these superior, smaller, and more eco-friendly motion control technologies in future systems.

Segmentation Analysis

By Motion

The Linear segment dominated with a market share of over 62% in 2023, holding the largest market share. This dominance is fueled by their widespread use in diverse sectors such as industrial automation, automotive, and robotics. In automotive applications a number of electrical motors can be found in electrical seats, brake and tailgate lifts. Linear actuators play an integral role in industrial automation, offering precise and reliable straight-line motion crucial for tasks such as material handling, assembly lines, and packaging equipment. Their ability to symbolically accurate positioning and gentle motion to make them a superlative selection for robotics and medical devices. Linear actuators are the most widely used type of motion in the world actuators market because of their compact, energy-saving and low-cost designing, which makes them in high-demand.

By Type

The Pneumatic segment dominated with a market share of over 32% in 2023, due to prevalent simplicity, cost-effectiveness, and wide installation across industrial automation, manufacturing, and process industries. They are driven by compressed air, which further ensures their durability in environments that require fast response times and constant performance. The design of these actuators enables quick linear or rotary motion, making them suitable for repetitive tasks in assembly lines and automation systems. Pneumatic actuators are also preferred in environments with hazardous or explosive conditions, where electrical devices may create safety challenges. The comprehensive market uptake of noise loggers among end-use industries is further driven by their minimal maintenance requirements and compatibility with harsh working conditions, which is integral to the segment being the key component in the market.

By End-Use Industry

The automotive segment dominated with a market share of over 34% in 2023, due to the increasing demand for automation and enhanced vehicle functionality. owing to the rising demand for automation and enhanced functionality in vehicles. The actuators help provide better comfort and amenities for the drivers in different automotive systems, such as power windows, adjustable seats, and climate control (HVAC) systems. The recent surge of the electric vehicles (EV) market and technological advantages in autonomy have even fast-tracked the integration of smart, high-precision actuators for enhanced control and ability. Furthermore, actuators are a critical part in core functionalities like engine management, braking, and steering systems, ones where timely and reliable response is critical. As the automotive sector advances toward intelligent, more energy-efficient, and safer vehicles, the demand for high-performance actuators grows higher than ever, taking this segment to the forefront of the industry.

Key Regional Analysis

The North America region dominated with a market share of over 42% in 2023, primarily due to its robust industrial base, including sectors like automation, aerospace, and automotive. The United States and Canada are prominent contributors, with considerable demand for actuators in various sectors, including manufacturing, robotics, and defense. In the industrial automation industry, actuators are critical in controlling mechanical systems, which improves efficiency and reduces labor costs. The aerospace industry also depends on actuators for aircraft control systems, while the automotive sector employs them in automobile control systems, electric vehicle systems, and in autonomous driving technology. The North America region retains its standing as the largest market and a key innovator of actuators across all industries, buoyed by ongoing technological developments.

Asia-Pacific is the fastest-growing region in the actuators market, driven by rapid industrialization and strong economic expansion, especially in China, India, and Japan. The expansion of manufacturing industries such as automotive, electronics, and robotics significantly contributes to the rise in demand for actuators, which are vital components of automation systems. With more industries implementing automation to optimize efficiency and productivity, the demand for sophisticated actuators has rapidly increased. The expansion of the market has been additionally focused on by government initiatives for the sustenance of industries. Moreover, the rise of smart cities and infrastructural projects all over the region will generate immense demand for actuators. All of these factors are contributing to Asia-Pacific being a key region for the actuators market and cementing its position as the most dynamic and promising market in terms of growth globally.

Some of the major key players in the Actuators Market

  • Crane Co. (Electric and pneumatic actuators)

  • Emerson (Pentair Valves) (Valve actuators, electric actuators)

  • Flowserve Corporation (Linear actuators, rotary actuators)

  • General Electric Company (Electromechanical actuators)

  • IMI PLC (Pneumatic actuators, motion control systems)

  • Kitz Corporation (Valve actuators, electric actuators)

  • Metso Oyj (Neles Oyj) (Valve actuators, control actuators)

  • Parker-Hannifin Corporation (Hydraulic, pneumatic, and electric actuators)

  • Rotork PLC (Electric, pneumatic, and hydraulic actuators)

  • Schlumberger Limited (Subsea actuators, hydraulic actuators)

  • SMC Corporation (Pneumatic actuators, rodless actuators)

  • Festo (Electric and pneumatic actuators)

  • ABB (Electric actuators, motor-driven actuators)

  • Honeywell International Inc. (Damper actuators, valve actuators)

  • Bosch Rexroth AG (Hydraulic actuators, linear motion actuators)

  • Moog Inc. (Precision motion control actuators)

  • Johnson Controls (Electric actuators for HVAC applications)

  • Auma Riester GmbH & Co. KG (Electric actuators, gearboxes)

  • LINAK A/S (Linear actuators for medical and industrial applications)

  • Bürkert Fluid Control Systems (Pneumatic actuators, solenoid-controlled actuators)

Suppliers for (Electric, pneumatic, and hydraulic and control systems, widely used in oil & gas, water treatment, and power generation) on the Actuators Market

  • Emerson Electric Co.

  • Rotork plc

  • SMC Corporation

  • Parker Hannifin Corporation

  • ABB Ltd.

  • Festo AG & Co. KG

  • Eaton Corporation plc

  • Honeywell International Inc.

  • Rockwell Automation, Inc.

  • Curtiss-Wright Corporation

Recent Development

In March 15, 2024: AUMA introduced the PROFOX-X explosion-proof actuators, further enhancing their PROFOX series to provide safe and precise valve control in hazardous environments. Certified for ATEX and IECEx, these actuators offer flexible solutions for different valve types, energy-efficient operation, and seamless integration with AUMA's digital ecosystem, enabling advanced diagnostics.

In April 19, 2024: Emerson unveiled the ASCOTM Series 148/149 safety valve and motorized actuator, specifically designed for industrial fuel oil burner applications. This new system improves safety and reliability by enabling rapid shutoff and featuring a high-pressure design tailored for combustion systems. With UL, FM, and CSA certifications, it delivers reliable performance even in demanding environments, supporting an operating temperature range from -40°F to 150°F.

Actuators Market Report Scope:

Report Attributes Details
Market Size in 2023 USD 56.47 Billion
Market Size by 2032 USD 128.03 Billion
CAGR CAGR of 9.52% From 2024 to 2032
Base Year 2023
Forecast Period 2024-2032
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Motion (Linear, Rotary)
• By Type (Hydraulic, Pneumatic, Electric, Others)
• By End-Use Industry (Aerospace & Defense, Automotive, Construction, Chemicals, Food & Beverages, Healthcare & Pharmaceuticals, Marine, Mining, Oil & Gas, Power Generation, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Crane Co., Emerson (Pentair Valves), Flowserve Corporation, General Electric Company, IMI PLC, Kitz Corporation, Metso Oyj (Neles Oyj), Parker-Hannifin Corporation, Rotork PLC, Schlumberger Limited, SMC Corporation, Festo, ABB, Honeywell International Inc., Bosch Rexroth AG, Moog Inc., Johnson Controls, Auma Riester GmbH & Co. KG, LINAK A/S, Bürkert Fluid Control Systems.

Frequently Asked Questions

Ans:  The Actuators Market is expected to grow at a CAGR of 9.52% during 2024-2032.

Ans: North America dominated the Actuators Market in 2023

Ans: The “Linear” segment dominated the Actuators Market.

 

Ans: The surge in industrial automation across sectors is driving strong demand for actuators in robotics, machinery, and smart manufacturing systems.

Ans: The Actuators Market was USD 56.47 billion in 2023 and is expected to reach USD 128.03 billion by 2032.

TABLE OF CONTENTS

1. Introduction

1.1 Market Definition

1.2 Scope (Inclusion and Exclusions)

1.3 Research Assumptions

2. Executive Summary

2.1 Market Overview

2.2 Regional Synopsis

2.3 Competitive Summary

3. Research Methodology

3.1 Top-Down Approach

3.2 Bottom-up Approach

3.3. Data Validation

3.4 Primary Interviews

4. Market Dynamics

4.1 Market Analysis

4.1.1 Drivers

4.1.2 Restraints

4.1.3 Opportunities

4.1.4 Challenges

4.2 PESTLE Analysis

4.3 Porter’s Five Forces Model

5. Statistical Insights and Trend Reporting

5.1 Production Volumes, by Region (2020-2023)

 

5.2 Market Utilization Rates, by Region (2020-2023)

5.3 Performance Reliability and Downtime Metrics

5.4 Technological Integration and Adoption Rates, by Region

5.5 Global Trade Data (Export/Import), by Region (2023)

6. Competitive Landscape

6.1 List of Major Companies, By Region

6.2 Market Share Analysis, By Region

6.3 Product Benchmarking

6.3.1 Product specifications and features

6.3.2 Pricing

6.4 Strategic Initiatives

6.4.1 Marketing and promotional activities

6.4.2 Distribution and Supply Chain Strategies

6.4.3 Expansion plans and new product launches

6.4.4 Strategic partnerships and collaborations

6.5 Technological Advancements

6.6 Market Positioning and Branding

7. Actuators Market Segmentation, By Motion

7.1 Chapter Overview

7.2 Linear

7.2.1 Linear Market Trends Analysis (2020-2032)

7.2.2 Linear Market Size Estimates and Forecasts to 2032 (USD Billion)

7.3 Rotary

7.3.1 Rotary Market Trends Analysis (2020-2032)

7.3.2 Rotary Market Size Estimates and Forecasts to 2032 (USD Billion)

8. Actuators Market Segmentation, By Type

8.1 Chapter Overview

8.2 Hydraulic

8.2.1 Hydraulic Market Trends Analysis (2020-2032)

8.2.2 Hydraulic Market Size Estimates and Forecasts to 2032 (USD Billion)

8.3 Pneumatic

8.3.1 Pneumatic Market Trends Analysis (2020-2032)

8.3.2 Pneumatic Market Size Estimates and Forecasts to 2032 (USD Billion)

8.4 Electric

8.4.1 Electric Market Trends Analysis (2020-2032)

8.4.2 Electric Market Size Estimates and Forecasts to 2032 (USD Billion)

8.5 Others

8.5.1 Other Market Trends Analysis (2020-2032)

8.5.2 Other Market Size Estimates and Forecasts to 2032 (USD Billion)

9. Actuators Market Segmentation, By End-Use Industry

9.1 Chapter Overview

9.2 Aerospace & Defense

9.2.1 Aerospace & Defense Market Trends Analysis (2020-2032)

9.2.2 Aerospace & Defense Market Size Estimates and Forecasts to 2032 (USD Billion)

9.3 Automotive

9.3.1 Automotive Market Trends Analysis (2020-2032)

9.3.2 Automotive Market Size Estimates and Forecasts to 2032 (USD Billion)

9.4 Construction

9.4.1 Construction Market Trends Analysis (2020-2032)

9.4.2 Construction Market Size Estimates and Forecasts to 2032 (USD Billion)

9.5 Chemicals

9.5.1 Chemicals Market Trends Analysis (2020-2032)

9.5.2 Chemicals Market Size Estimates and Forecasts to 2032 (USD Billion)

9.6 Food & Beverages

9.6.1 Food & Beverages Market Trends Analysis (2020-2032)

9.6.2 Food & Beverages Market Size Estimates and Forecasts to 2032 (USD Billion)

9.7 Healthcare & Pharmaceuticals

9.7.1 Healthcare & Pharmaceuticals Market Trends Analysis (2020-2032)

9.7.2 Healthcare & Pharmaceuticals Market Size Estimates and Forecasts to 2032 (USD Billion)

9.8 Marine

9.8.1 Marine Market Trends Analysis (2020-2032)

9.8.2 Marine Market Size Estimates and Forecasts to 2032 (USD Billion)

9.9 Mining

9.9.1 Mining Market Trends Analysis (2020-2032)

9.9.2 Mining Market Size Estimates and Forecasts to 2032 (USD Billion)

9.10 Oil & Gas

9.10.1 Oil & Gas Market Trends Analysis (2020-2032)

9.10.2 Oil & Gas Market Size Estimates and Forecasts to 2032 (USD Billion)

9.11 Power Generation

9.11.1 Power Generation Market Trends Analysis (2020-2032)

9.11.2 Power Generation Market Size Estimates and Forecasts to 2032 (USD Billion)

9.12 Others

9.12.1 Others Market Trends Analysis (2020-2032)

9.12.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)

10. Regional Analysis

10.1 Chapter Overview

10.2 North America

10.2.1 Trends Analysis

10.2.2 North America Actuators Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.2.3 North America Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion) 

10.2.4 North America Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.2.5 North America Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.2.6 USA

10.2.6.1 USA Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.2.6.2 USA Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.2.6.3 USA Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.2.7 Canada

10.2.7.1 Canada Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.2.7.2 Canada Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.2.7.3 Canada Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.2.8 Mexico

10.2.8.1 Mexico Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.2.8.2 Mexico Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.2.8.3 Mexico Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.3 Europe

10.3.1 Eastern Europe

10.3.1.1 Trends Analysis

10.3.1.2 Eastern Europe Actuators Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.3.1.3 Eastern Europe Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion) 

10.3.1.4 Eastern Europe Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.5 Eastern Europe Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.3.1.6 Poland

10.3.1.6.1 Poland Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.3.1.6.2 Poland Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.6.3 Poland Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.3.1.7 Romania

10.3.1.7.1 Romania Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.3.1.7.2 Romania Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.7.3 Romania Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.3.1.8 Hungary

10.3.1.8.1 Hungary Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.3.1.8.2 Hungary Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.8.3 Hungary Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.3.1.9 Turkey

10.3.1.9.1 Turkey Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.3.1.9.2 Turkey Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.9.3 Turkey Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.3.1.10 Rest of Eastern Europe

10.3.1.10.1 Rest of Eastern Europe Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.3.1.10.2 Rest of Eastern Europe Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.1.10.3 Rest of Eastern Europe Actuators Market Estimates and Forecasts, By End-Use Industry         (2020-2032) (USD Billion)

10.3.2 Western Europe

10.3.2.1 Trends Analysis

10.3.2.2 Western Europe High-Pressure Seals Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.3.2.3 Western Europe High-Pressure Seals Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion) 

10.3.2.4 Western Europe High-Pressure Seals Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.5 Western Europe High-Pressure Seals Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.3.2.6 Germany

10.3.2.6.1 Germany Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.3.2.6.2 Germany Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.6.3 Germany Actuators Market Estimates and Forecasts, By End-Use Industry   (2020-2032) (USD Billion)

10.3.2.7 France

10.3.2.7.1 France Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.3.2.7.2 France Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.7.3 France Actuators Market Estimates and Forecasts, By End-Use Industry   (2020-2032) (USD Billion)

10.3.2.8 UK

10.3.2.8.1 UK Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.3.2.8.2 UK Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.8.3 UK Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.3.2.9 Italy

10.3.2.9.1 Italy Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.3.2.9.2 Italy Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.9.3 Italy Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.3.2.10 Spain

10.3.2.10.1 Spain Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.3.2.10.2 Spain Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.10.3 Spain Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.3.2.11 Netherlands

10.3.2.11.1 Netherlands Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.3.2.11.2 Netherlands Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.11.3 Netherlands Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.3.2.12 Switzerland

10.3.2.12.1 Switzerland Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.3.2.12.2 Switzerland Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.12.3 Switzerland Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.3.2.13 Austria

10.3.2.13.1 Austria Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.3.2.13.2 Austria Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.13.3 Austria Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.3.2.14 Rest of Western Europe

10.3.2.14.1 Rest of Western Europe Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.3.2.14.2 Rest of Western Europe Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.3.2.14.3 Rest of Western Europe Actuators Market Estimates and Forecasts, By End-Use Industry         (2020-2032) (USD Billion)

10.4 Asia-Pacific

10.4.1 Trends Analysis

10.4.2 Asia-Pacific Actuators Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.4.3 Asia-Pacific Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion) 

10.4.4 Asia-Pacific Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.5 Asia-Pacific Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.4.6 China

10.4.6.1 China Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.4.6.2 China Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.6.3 China Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.4.7 India

10.4.7.1 India Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.4.7.2 India Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.7.3 India Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.4.8 Japan

10.4.8.1 Japan Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.4.8.2 Japan Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.8.3 Japan Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.4.9 South Korea

10.4.9.1 South Korea Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.4.9.2 South Korea Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.9.3 South Korea Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.4.10 Vietnam

10.4.10.1 Vietnam Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.4.10.2 Vietnam Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.10.3 Vietnam Actuators Market Estimates and Forecasts, By End-Use Industry    (2020-2032) (USD Billion)

10.4.11 Singapore

10.4.11.1 Singapore Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.4.11.2 Singapore Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.11.3 Singapore Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.4.12 Australia

10.4.12.1 Australia Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.4.12.2 Australia Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.12.3 Australia Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.4.13 Rest of Asia-Pacific

10.4.13.1 Rest of Asia-Pacific Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.4.13.2 Rest of Asia-Pacific Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.4.13.3 Rest of Asia-Pacific Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.5 Middle East and Africa

10.5.1 Middle East

10.5.1.1 Trends Analysis

10.5.1.2 Middle East Actuators Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.5.1.3 Middle East Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion) 

10.5.1.4 Middle East Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.5 Middle East Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.5.1.6 UAE

10.5.1.6.1 UAE Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.5.1.6.2 UAE Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.6.3 UAE Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.5.1.7 Egypt

10.5.1.7.1 Egypt Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.5.1.7.2 Egypt Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.7.3 Egypt Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.5.1.8 Saudi Arabia

10.5.1.8.1 Saudi Arabia Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.5.1.8.2 Saudi Arabia Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.8.3 Saudi Arabia Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.5.1.9 Qatar

10.5.1.9.1 Qatar Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.5.1.9.2 Qatar Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.9.3 Qatar Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.5.1.10 Rest of Middle East

10.5.1.10.1 Rest of Middle East Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.5.1.10.2 Rest of Middle East Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.1.10.3 Rest of Middle East Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.5.2 Africa

10.5.2.1 Trends Analysis

10.5.2.2 Africa Actuators Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.5.2.3 Africa Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion) 

10.5.2.4 Africa Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.2.5 Africa Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.5.2.6 South Africa

10.5.2.6.1 South Africa Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.5.2.6.2 South Africa Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.2.6.3 South Africa Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.5.2.7 Nigeria

10.5.2.7.1 Nigeria Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.5.2.7.2 Nigeria Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.2.7.3 Nigeria Actuators Market Estimates and Forecasts, By End-Use Industry   (2020-2032) (USD Billion)

10.5.2.8 Rest of Africa

10.5.2.8.1 Rest of Africa Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.5.2.8.2 Rest of Africa Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.5.2.8.3 Rest of Africa Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

10.6 Latin America

10.6.1 Trends Analysis

10.6.2 Latin America Actuators Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.6.3 Latin America Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion) 

10.6.4 Latin America Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.6.5 Latin America Actuators Market Estimates and Forecasts, By End-Use Industry           (2020-2032) (USD Billion)

10.6.6 Brazil

10.6.6.1 Brazil Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.6.6.2 Brazil Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.6.6.3 Brazil Actuators Market Estimates and Forecasts, By End-Use Industry          (2020-2032) (USD Billion)

10.6.7 Argentina

10.6.7.1 Argentina Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.6.7.2 Argentina Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.6.7.3 Argentina Actuators Market Estimates and Forecasts, By End-Use Industry   (2020-2032) (USD Billion)

10.6.8 Colombia

10.6.8.1 Colombia Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.6.8.2 Colombia Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.6.8.3 Colombia Actuators Market Estimates and Forecasts, By End-Use Industry    (2020-2032) (USD Billion)

10.6.9 Rest of Latin America

10.6.9.1 Rest of Latin America Actuators Market Estimates and Forecasts, By Motion (2020-2032) (USD Billion)

10.6.9.2 Rest of Latin America Actuators Market Estimates and Forecasts, By Type (2020-2032) (USD Billion)

10.6.9.3 Rest of Latin America Actuators Market Estimates and Forecasts, By End-Use Industry (2020-2032) (USD Billion)

11. Company Profiles

11.1 Crane Co.

11.1.1 Company Overview

11.1.2 Financial

11.1.3 Products/ Services Offered

11.1.4 SWOT Analysis

11.2 Emerson (Pentair Valves)

             11.2.1 Company Overview

11.2.2 Financial

11.2.3 Products/ Services Offered

11.2.4 SWOT Analysis

11.3 Flowserve Corporation

11.3.1 Company Overview

11.3.2 Financial

11.3.3 Products/ Services Offered

11.3.4 SWOT Analysis

11.4 General Electric Company

11.4.1 Company Overview

11.4.2 Financial

11.4.3 Products/ Services Offered

11.4.4 SWOT Analysis

11.5 Imi PLC

             11.5.1 Company Overview

11.5.2 Financial

11.5.3 Products/ Services Offered

11.5.4 SWOT Analysis

11.6 Kitz Corporation

11.6.1 Company Overview

11.6.2 Financial

11.6.3 Products/ Services Offered

11.6.4 SWOT Analysis

11.7 Metso Oyj (Neles Oyj)

             11.7.1 Company Overview

11.7.2 Financial

11.7.3 Products/ Services Offered

11.7.4 SWOT Analysis

11.8 Parker-Hannifin Corporation

11.8.1 Company Overview

11.8.2 Financial

11.8.3 Products/ Services Offered

11.8.4 SWOT Analysis

11.9 Rotork PLC

             11.9.1 Company Overview

11.9.2 Financial

11.9.3 Products/ Services Offered

11.9.4 SWOT Analysis

11.10 Schlumberger Limited

11.10.1 Company Overview

11.10.2 Financial

11.10.3 Products/ Services Offered

11.10.4 SWOT Analysis

12. Use Cases and Best Practices

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Key Segments:

By Motion

  • Linear
  • Rotary

By Type

  • Hydraulic
  • Pneumatic
  • Electric
  • Others

By End-Use Industry

  • Aerospace & Defense
  • Automotive
  • Construction
  • Chemicals
  • Food & Beverages
  • Healthcare & Pharmaceuticals
  • Marine
  • Mining
  • Oil & Gas
  • Power Generation
  • Others

Request for Segment Customization as per your Business Requirement: Segment Customization Request

Regional Coverage:

North America

  • US
  • Canada
  • Mexico

Europe

  • Eastern Europe
    • Poland
    • Romania
    • Hungary
    • Turkey
    • Rest of Eastern Europe
  • Western Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Netherlands
    • Switzerland
    • Austria
    • Rest of Western Europe

Asia Pacific

  • China
  • India
  • Japan
  • South Korea
  • Vietnam
  • Singapore
  • Australia
  • Rest of Asia Pacific

Middle East & Africa

  • Middle East
    • UAE
    • Egypt
    • Saudi Arabia
    • Qatar
    • Rest of Middle East
  • Africa
    • Nigeria
    • South Africa
    • Rest of Africa

Latin America

  • Brazil
  • Argentina
  • Colombia
  • Rest of Latin America

Request for Country Level Research Report: Country Level Customization Request

Available Customization

With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:

  • Detailed Volume Analysis
  • Criss-Cross segment analysis (e.g. Product X Application)
  • Competitive Product Benchmarking
  • Geographic Analysis
  • Additional countries in any of the regions
  • Customized Data Representation
  • Detailed analysis and profiling of additional market players

  •            5000 (33% Discount)


  •            8950 (40% Discount)


  •            3050 (23% Discount)

Start a Conversation

Hi! Click one of our member below to chat on Phone