287000.00 Rupee ₹ Global Actuators Market Pune
- Location: Pune, Pune, Maharashtra, India
Global Actuators Market was valued US$ 39.20 Bn in 2017 and is expected to reach 54.80 Bn by 2026, at a CAGR of 4.28 % during a forecast period.
An actuator is an equipment, which transforms energy into motion. It is principally used to apply a force on an entity to complete various mechanical operations.
An increase in the number of aircraft carriers, steady growth in the global automotive industry, and technical advancements in actuators are expected to propel the global actuators market growth. The rapid expansion of the manufacturing and processing industry sector, safety assurance, and less requisite of manual handling is also expected to boost the growth in the global actuators market. Furthermore, The substantial investments sustained in the development of different types of actuators are limiting the growth of the actuators market across the globel.
The linear segment is projected to lead the actuators market. The increasing requrirement in manufacturing industries to recover combustion control, increase reliability, and reduce production costs with augmented demand for fuel-efficient vehicles is expected to drive the demand for actuators. Additionally, strict environmental regulations and growing automation in emerging economies are some of the factors projected to increase demand for linear actuators during the forecast period.
The Scope of the Report for Global Actuators Market
Global Actuators Market, by Type
• Linear Actuators
• Rotary Actuators
Global Actuators Market, by System
• Electrical
• Pneumatic
• Hydraulic
• Mechanical
• Others
Global Actuators Market, by Application
• End Use Application
• Industrial Application
Global Actuators Market, by End-User
• Automotive
• Medical/Healthcare
• Energy and Mining,
• Steel
• Construction
• Military
• Chemical
• Others
Global Actuators Market,By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players
• Emerson Electric Co.,
• Honeywell Corporation
• Helix Linear Technologies, Inc
• Duff-Norton
• Parker Hannifin
• Eaton Corporation plc
• Actuonix Motion Devices
• Tolomatic, Inc.
• Festo AG & Co. KG
• AVK Holdings A/S.
• Flowserve Corporations,
• Tyco International Ltd
• Schlumberger Limited,
• KITZ Corporation
• Burkert Fluid Control Systems
• Tusk Direct, Inc
• Watts Water Technologies, Inc,
• Rotork Plc.
• Samson Ag
• Robert Bosch GmbH
For more information visit: https://www.maximizemarketresearch.com/market-report/global-actuators-market/29435/
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