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 aims to provide a comprehensive presentation of the global market for Electric Actuator for Industrial Machinery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 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, 2018-2023, 2024-2029, ($ millions)

Global Electric Actuator for Industrial Machinery Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Electric Actuator for Industrial Machinery companies in 2022 (%)

The global Electric Actuator for Industrial Machinery market was valued at US$ 1254.9 million in 2022 and is projected to reach US$ 1549.9 million by 2029, at a CAGR of 3.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Asia Pacific is the largest market for electric actuators for industrial machinery with a market share of about 45%, followed by Europe with a market share of about 26%. The global core manufacturers of electric actuator for industrial machinery include THK, SMC Corporation, IAI, LINAK, FESTO and Yamaha, etc. The top 5 manufacturers in the world account for more than 60% of the market share.

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, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Electric Actuator for Industrial Machinery Market Segment Percentages, by Type, 2022 (%)

DC Electric Actuator

AC Electric Actuator

Global Electric Actuator for Industrial Machinery Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Electric Actuator for Industrial Machinery Market Segment Percentages, by Application, 2022 (%)

Heavy Machinery

Industrial Manufacturing Machinery

Other Machinery

Global Electric Actuator for Industrial Machinery Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Electric Actuator for Industrial Machinery Market Segment Percentages, By Region and Country, 2022 (%)

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, 2018-2023 (Estimated), ($ millions)

Key companies Electric Actuator for Industrial Machinery revenues share in global market, 2022 (%)

Key companies Electric Actuator for Industrial Machinery sales in global market, 2018-2023 (Estimated), (K Units)

Key companies Electric Actuator for Industrial Machinery sales share in global market, 2022 (%)

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

THK

SMC Corporation

IAI

LINAK

FESTO

Yamaha

Ewellix

TiMOTION

Parker

Outline of Major Chapters:

Chapter 1: Introduces the definition of Electric Actuator for Industrial Machinery, market overview.

Chapter 2: Global Electric Actuator for Industrial Machinery market size in revenue and volume.

Chapter 3: Detailed analysis of Electric Actuator for Industrial Machinery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Electric Actuator for Industrial Machinery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Electric Actuator for Industrial Machinery capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.