Electric Actuator for Industrial Machinery Market

An electric actuator is powered by a motor that converts electrical energy into mechanical torque for moving or controlling a mechanism or system. It is one of the cleanest and most readily available forms of actuator because it does not involve oil.

Electric Actuator for Industrial Machinery Market studies the Electric Actuator for Industrial Machinery.

Electric Actuator for Industrial Machinery Market contains market size and forecasts of Electric Actuator for Industrial Machinery in global, including the following market information:

Global Electric Actuator for Industrial Machinery Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Electric Actuator for Industrial Machinery Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Electric Actuator for Industrial Machinery companies in 2021 (%)

The global Electric Actuator for Industrial Machinery market was valued at 1254.9 million in 2021 and is projected to reach US$ 1549.9 million by 2028, at a CAGR of 3.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

DC Electric Actuator Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Electric Actuator for Industrial Machinery include THK, SMC Corporation, IAI, LINAK, FESTO, Yamaha, Ewellix, TiMOTION and Parker. etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Electric Actuator for Industrial Machinery manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Electric Actuator for Industrial Machinery Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electric Actuator for Industrial Machinery Market Segment Percentages, by Type, 2021 (%)

DC Electric Actuator

AC Electric Actuator

Global Electric Actuator for Industrial Machinery Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electric Actuator for Industrial Machinery Market Segment Percentages, by Application, 2021 (%)

Heavy Machinery

Industrial Manufacturing Machinery

Other Machinery

Global Electric Actuator for Industrial Machinery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electric Actuator for Industrial Machinery Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Electric Actuator for Industrial Machinery revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Electric Actuator for Industrial Machinery revenues share in global market, 2021 (%)

Key companies Electric Actuator for Industrial Machinery sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Electric Actuator for Industrial Machinery sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

THK

SMC Corporation

IAI

LINAK

FESTO

Yamaha

Ewellix

TiMOTION

Parker