Market Snapshot:
Electrohydraulic actuator combines the power to weight ratio advantage of hydraulic technology with control of electric technology and the versatility and ease of installation. Electrohydraulic actuator are used in applications such as rotary torque arm actuators, coal mine diverter shuts, damper drives, and valve actuators and position controllers, these applications of the actuators are propelling the growth of the electrohydraulic actuator market in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | United Technologies Corporation (United States), Parker-Hannifin Corporation (United States), Eaton Corporation Inc (Ireland), Emerson Electric Co. (United States), Honeywell International Inc. (United States), Rockwell Collins (United States), Moog Inc (United States), The Kerry Company Inc. (United States), HKS Dreh-Antriebe GmbH (Germany) and Reineke Meß- und Regeltechnik GmbH (Germany) |
Segment Analysis
AMA Research have segmented the market of Global Electrohydraulic Actuator market by Type, Application and Region.
On the basis of geography, the market of Electrohydraulic Actuator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Trend
Increasing use of Electrohydraulic Actuator for Robust Robotics Systems
Market Drivers
Increasing Interests for Replacing Traditional Hydraulic Actuation Systems in Various Industry and Rising Demand for Electrohydraulic Actuator due to Superior Energy Efficiency
Opportunities
Rising Investment in Research and Development by the Various Manufacturers
Restraints
- Fluctuating Price of the Raw Materials
In addition to the aforementioned factor, Increasing Interests for Replacing Traditional Hydraulic Actuation Systems in Various Industry
is expected to propel the growth of the market over the forecast period.
Competitive Landscape
Competitive Analysis of the Pump Controlled Electro Hydraulic Actuators Market in the report identifies various key manufacturers of the market.
The key Manufacturers profiled in the study are United Technologies Corporation (United States), Parker-Hannifin Corporation (United States), Eaton Corporation Inc (Ireland), Emerson Electric Co. (United States), Honeywell International Inc. (United States), Rockwell Collins (United States), Moog Inc (United States), The Kerry Company Inc. (United States), HKS Dreh-Antriebe GmbH (Germany) and Reineke Meß- und Regeltechnik GmbH (Germany). A lot of Japan players are profiled in the research study indicating a strong market dependence.