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

DUBLIN–(BUSINESS WIRE)–The “Actuators – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.

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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