Electric Actuator 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 Market aims to provide a comprehensive presentation of the global market for Electric Actuator, 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. Electric Actuator Market contains market size and forecasts of Electric Actuator in global, including the following market information:

• Global Electric Actuator Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global Electric Actuator Market Sales, 2018-2023, 2024-2029, (K Units)
• Global top five Electric Actuator companies in 2022 (%)

The global Electric Actuator market was valued at US$ 2622.8 million in 2022 and is projected to reach US$ 3346.2 million by 2029, at a CAGR of 3.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global electric actuator key players include LINAK, THK, SMC Corporation, IAI, Parker, etc. Global top five manufacturers hold a share about 40%. Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America, both have a share about 44 percent. In terms of product, AC Electric Actuator is the largest segment, with a share over 73%. And in terms of application, the largest application is Industrial Equipment, followed by Home, Commercial, etc.

We surveyed the Electric Actuator 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 Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

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

• Straight Stroke Electric Actuator
• Multi-rotary Electric Actuator
• Partial Rotary Electric Actuator

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

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

• Petrochemical
• General Industrial
• Electric Power
• Water Treatment
• Others

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

Global Electric Actuator 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 revenues in global market, 2018-2023 (Estimated), ($ millions)

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

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

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

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

• LINAK
• THK
• SMC Corporation
• IAI
• Parker
• Ewellix
• Thomson Industries
• TiMOTION
• FESTO
• Yamaha
• CKD
• Kollmorgen
• Chiaphua Components
• Tsubakimoto Chain
• Moteck Electric
• Tolomatic
• Mindman Industrial
• Auma
• Rotork
• Emerson
• Flowserve
• Chuanyi
• Schiebel
• Changzhou Power Station Auxiliary Equipment Co., LTD
• Shanghai Automation Instrument Co., LTD
• Surpass
• Wenzhou RICH Measure and Control Equipment Co.,Ltd
• YANGZHOU HENGCHUN ELECTRONICS CO., LTD.
• TFL
• Actuators Co., Ltd. Yangzhou Aotuo Ke
• BERNARD CONTROLS
• Koei Industry
• Tomoe
• ABB

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Electric Actuator, market overview.
• Chapter 2: Global Electric Actuator market size in revenue and volume.
• Chapter 3: Detailed analysis of Electric Actuator 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 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 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.