About Linear Actuators
Linear Actuator is a motor that creates motion in a straight line. It is widely used in machine tools and industrial applications. Due to the increase of electric linear actuators, more and more industries have begun to use them to automate their applications. The manufacturing process of actuators follows strict guidelines, and they are extensively reviewed by the manufacturer’s product and manufacturing engineers.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.2% |
In This Market Major Players Are Focusing On Adopting Organic And Inorganic Growth Strategies. Which Includes Merger & Acquisition, Product Expansion, And Global Reach Enhancement. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Linear Actuators market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Emerson Electric (United States), Flowserve (United States), LINAK (Denmark), Parker Hannifin (United States), Thomson (India), Rotork (United Kingdom), Auma (Germany), ABB (Switzerland), Metso (Finland) and Yokogawa Electric (Japan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Tefulong (China), Oriental Motor (United States) and BiBus (Switzerland).
Segmentation Overview
AMA Research has segmented the market of Global Linear Actuators market by Type (Mechanical, Hydraulic, Pneumatic, Piezoelectric and Electro-Mechanical Actuators), Application (Automotive, Medical/Healthcare, Energy and Mining, Steel, Construction, Military and Chemical) and Region.
On the basis of geography, the market of Linear Actuators 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). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Linear Actuators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Smart Actuators and IoT Enabled Smart Linear Actuators
Market Growth Drivers:
Increased Demand for Electric Linear Actuators from the Automotive Industry and Rise In Steadily Due To the Advent of Industry 4.0 and IoT
Restraints:
Environmental Pressure Is a Major Restraint of This Market and High Initial Cost of Implementation of Linear Actuators Can Hamper the Growth of the Market
Opportunities:
High Growth Opportunities for Major Players Due to Increase in Automation and Technological Advancement in Manufacturing Industry
Market Leaders and their expansionary development strategies
In October 2023, Allied Valve and Allied Instrumentation are proud to announce they are now representatives of AUMA products. AUMA is a leading manufacturer of electric actuators and gearboxes.
In July 2023, SMAC Moving Coil Actuators today introduced its new LPL80 electric linear moving coil actuators designed specifically for use on filling machines. SMAC’s LPL80 moving coil actuators come in an 80 mm size, standard dimensions for liquid filling machines.
Key Target Audience
Manufacturers, Government Bodies, Automotive Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.