Global Actuators Market Analysis 2018 Forecasts To 2025

Posted by Rishikesh Kurane on January 3rd, 2019

Pune, India, April 9, 2018 /MRFR Press Release/- Market Research Future published a half cooked research report on global actuators market. The actuators market is expected to grow at the CAGR of around 5.23% during the period 2017 to 2025.

Market Highlights

An actuator is a device which converts energy into variable motions it is basically implies a force on an entity to perform various mechanical operations. It is basically a mechanical equipment that intakes energy, created by compressed air, liquid or electricity and converts it into linear and rotary motion. Actuators usually are used in industrial or manufacturing applications and are used in devices such as pumps, valves and motors.

The actuators market is majorly driven by the factors such as a rise in the number of aircraft carriers, continuous growth in the global automotive industry, and the technological advancements in actuators is propelling the market growth. Also, the growing industrial base in Asia Pacific region has a positive influence on the growth of the market. The actuators market may witness hinderances in growth due to costing of the actuators. Also power consumption, noise, and leaks are the major challenges faced by the actuators in the current market.   

Global Actuators Market is expected to grow with the CAGR of approximately 5.23% during the forecast period.

Get Sample Report of Actuators Market @

Global Actuators Market is segmented, by type as Pneumatic actuators, Hydraulic actuator, Electric actuator and Mechanical actuators. Electric actuator type segment accounted for the largest market share of about 32.2% in 2016, with a market value of more than USD 4,300 million in 2016 and is projected to grow at the highest CAGR during the forecast period. Electric actuators benefit from cleaner, simpler, and more energy-efficient power transmission. Its integration is easier with programmable controls, and maintenance is minimized with no parts replacement or lubrication needed except in extreme conditions. Based on end-user, the market is segmented as Automotive, Oil & Gas, Chemicals, Aerospace & Defense, Pharmaceutical, Power, Food & Beverages, Water & Wastewater, and Mining & Metals. Automotive accounted for the largest market share of about 18.13%, in 2016, with a market value of more than USD 2,450 million; projected to grow at the highest CAGR of 6.11% during the forecast period. The increase in demand from the upper middle class for automotive vehicles is driving the actuators market in the Asia-Pacific region. The growing automotive vehicles market has increased the demand for actuators as the latter is an essential component used in vehicles.

Scope of the Report

This study provides an overview of the global actuators market, tracking two market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for Americas, Europe, Asia Pacific and Middle East & Africa. The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global actuators market by type, by end-users, and by regions.

Global Actuators Market, By Type

  • Pneumatic Actuators
  • Hydraulic Actuators
  • Electric Actuators
  • Mechanical Actuators

Global Actuators Market, By End-User

  • Automotive
  • Oil & Gas
  • Aerospace & Defence
  • Pharmaceutical
  • Power
  • Food & Beverages
  • Chemicals
  • Water & Wastewater
  • Mining & Metals

Global Actuators Market, By Region

  • Americas
  • Europe
  • Asia Pacific
  • Middle East & Africa

Get Complete Report Details of Actuators Market @

Table of Content

1   Executive Summary

2   Market Introduction

3   Research Methodology

4   Market Dynamics

5   Market Factor Analysis

6   Global Actuators Market, By Type

7   Global Actuators Market, By End-User

8   Global Actuators Market, By Region

9   Competitive Landscape

10   Company Profiles

11   List of Tables

12   List of Figures


About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.


Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Like it? Share it!

Rishikesh Kurane

About the Author

Rishikesh Kurane
Joined: May 4th, 2018
Articles Posted: 1,128

More by this author