NEW YORK, June 29, 2023 /PRNewswire/ -- The electric actuators market is estimated to grow at a CAGR of 5.19% between 2022 and 2027. The market size is forecasted to increase by USD 4,312.22 million, according to Technavio. The growing use of electric actuators in smart homes is a key trend shaping the market. Smart homes consist of interconnected appliances that can be remotely monitored, controlled, and accessed through a network. The primary applications of smart homes are related to home security, lighting, and thermostat regulation. Furthermore, electric actuators are used in smart homes by enabling linear motion for various objects such as recliners, blinds, pergolas, sit-stand desks, television sets, and kitchen appliances. For example, by the end of 2022 around 35%-40% of households in North America had at least one smart home product or system. Hence, these trends are driving the market growth during the forecast period. View Sample Report within minutes!
Electric Actuators Market 2023-2027: Scope
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our electric actuators market report covers the following areas:
- Electric Actuators Market size
- Electric Actuators Market trends
- Electric Actuators Market industry analysis
- Electric Actuators Market five forces analysis
- Electric Actuators Market competitive landscape
Electric Actuators Market 2023-2027: Market Dynamics
Major Drivers
- The growing demand for commercial and defense aircraft is notably driving growth.
- The growth in air passenger traffic is driving an increase in the number of aircraft fleets.
- Several commercial airline operators in countries including the US, China, Germany, Canada, the UK, India, and South Korea are expanding their fleets to meet the growing demand.
- Electric actuators provide a cost-effective and practical solution for replacing hydraulic and pneumatic actuator systems in both commercial and defense aircraft.
- These electric actuators improve the performance of aircraft, providing precise control and fast reaction times.
- Hence, these advantages are expected to drive market growth during the forecast period.
Significant Challenges
- Faulty and loosely insulated electric actuators and malfunctioning risks may hamper the market growth.
- Electric actuators are used in industries like oil and gas, where they help in controlling the flow of sensitive products like industrial gases.
- Proper storage and insulation measures are important to prevent leakage of these gases and maintain safety standards.
- If electric actuators are faulty or poorly insulated, gas leakage can occur, posing health risks to employees and individuals in the surrounding area.
- Hence, these faulty electric actuators are expected to restrict market growth during the forecast period.
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- Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
- Global competitiveness and key competitor positions
- Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!
Electric Actuators Market 2023-2027 – Market Segmentation
Electric Actuators Market is segmented as below:
- End-user
- Automotive Industry
- Water And Wastewater Industry
- Marine Industry
- Aerospace And Defense Industry
- Others
- Type
- Rotary
- Linear
- Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The market share growth in the automotive industry segment will be significant during the forecast period. Electric actuators find application in various automotive systems, including engine cooling, climate control, and transmission. These actuators can be easily integrated with engine control systems, aiding in the regulation of air flaps for optimized power and torque. Additionally, they play an important role in controlling engine speed to reduce emissions, minimize noise levels, and improve fuel efficiency in vehicles. Hence, the increase in demand for electric vehicles is expected to drive the electric actuators market growth during the forecast period.
To learn more about the impact of different segments on the market growth, Request a Sample PDF Report!
Electric Actuators Market 2023-2027: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Actuonix Motion Devices Inc., AUMA Riester GmbH and Co. KG, Curtiss Wright Corp., Emerson Electric Co., Flowserve Corp., General Electric Co., HanKun Beijing Fluid Control Technology Co. Ltd., IMI Plc, LINAK AS, Moog Inc., Parker Hannifin Corp., Pon Holdings BV, Rotork Plc, Schaeffler AG, Siemens AG, SMC Corp., SNNA BEFK Union Tech Inc., Statewide Bearings, and TiMOTION Technology Co. Ltd. are some of the major market participants.
Vendor Offering
- Actuonix Motion Devices Inc. - The company offers electric actuators such as L12-I, L12-P, and L12-R. It also offers microactuators and linear actuators.
- HanKun Beijing Fluid Control Technology Co. Ltd. - The company offers electric actuators such as HKM03.2, HKM05.2, and HKM10.2.
- AUMA Riester GmbH and Co. KG - The company offers electric actuators such as multi-turn, part-turn, and linear actuators.
Electric Actuators Market 2023-2027: Key Highlights
- CAGR of the market during the forecast period 2023-2027
- Detailed information on factors that will assist electric actuators market growth during the next five years
- Estimation of the electric actuators market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the electric actuators market
- Analysis of the market's competitive landscape and detailed information on vendors
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Electric Actuators Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.19% |
Market growth 2023-2027 |
USD 4,312.22 million |
Market structure |
Fragmented |
YoY growth 2022- 2023 (%) |
4.53 |
Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
Performing market contribution |
APAC at 33% |
Key countries |
US, China, Japan, Germany, and the UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
ABB Ltd., Actuonix Motion Devices Inc., AUMA Riester GmbH and Co. KG, Curtiss Wright Corp., Emerson Electric Co., Flowserve Corp., General Electric Co., HanKun Beijing Fluid Control Technology Co. Ltd., IMI Plc, LINAK AS, Moog Inc., Parker Hannifin Corp., Pon Holdings BV, Rotork Plc, Schaeffler AG, Siemens AG, SMC Corp., SNNA BEFK Union Tech Inc., Statewide Bearings, and TiMOTION Technology Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents
1 Executive Summary
- 1.1 Market Overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global electric actuators market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global electric actuators market 2017 - 2021 ($ million)
- 4.2 End-user Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
- 4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by End-user
- 6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
- 6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user
- 6.3 Automotive industry - Market size and forecast 2022-2027
- Exhibit 34: Chart on Automotive industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Automotive industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Automotive industry - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Automotive industry - Year-over-year growth 2022-2027 (%)
- 6.4 Water and wastewater industry - Market size and forecast 2022-2027
- Exhibit 38: Chart on Water and wastewater industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Water and wastewater industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Water and wastewater industry - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Water and wastewater industry - Year-over-year growth 2022-2027 (%)
- 6.5 Marine industry - Market size and forecast 2022-2027
- Exhibit 42: Chart on Marine industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Marine industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Marine industry - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Marine industry - Year-over-year growth 2022-2027 (%)
- 6.6 Aerospace and defense industry - Market size and forecast 2022-2027
- Exhibit 46: Chart on Aerospace and defense industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Data Table on Aerospace and defense industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Aerospace and defense industry - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Aerospace and defense industry - Year-over-year growth 2022-2027 (%)
- 6.7 Others - Market size and forecast 2022-2027
- Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.8 Market opportunity by End-user
- Exhibit 54: Market opportunity by End-user ($ million)
- Exhibit 55: Data Table on Market opportunity by End-user ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 56: Chart on Type - Market share 2022-2027 (%)
- Exhibit 57: Data Table on Type - Market share 2022-2027 (%)
- 7.2 Comparison by Type
- Exhibit 58: Chart on Comparison by Type
- Exhibit 59: Data Table on Comparison by Type
- 7.3 Rotary - Market size and forecast 2022-2027
- Exhibit 60: Chart on Rotary - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Rotary - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Rotary - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Rotary - Year-over-year growth 2022-2027 (%)
- 7.4 Linear - Market size and forecast 2022-2027
- Exhibit 64: Chart on Linear - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Data Table on Linear - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Chart on Linear - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on Linear - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Type
- Exhibit 68: Market opportunity by Type ($ million)
- Exhibit 69: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 71: Chart on Market share by geography 2022-2027 (%)
- Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 73: Chart on Geographic comparison
- Exhibit 74: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 Japan - Market size and forecast 2022-2027
- Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 115: Market opportunity by geography ($ million)
- Exhibit 116: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 117: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 119: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 120: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 121: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 122: Matrix on vendor position and classification
- 12.3 ABB Ltd.
- Exhibit 123: ABB Ltd. - Overview
- Exhibit 124: ABB Ltd. - Business segments
- Exhibit 125: ABB Ltd. - Key offerings
- Exhibit 126: ABB Ltd. - Segment focus
- 12.4 Actuonix Motion Devices Inc.
- Exhibit 127: Actuonix Motion Devices Inc. - Overview
- Exhibit 128: Actuonix Motion Devices Inc. - Product / Service
- Exhibit 129: Actuonix Motion Devices Inc. - Key offerings
- 12.5 AUMA Riester GmbH and Co. KG
- Exhibit 130: AUMA Riester GmbH and Co. KG - Overview
- Exhibit 131: AUMA Riester GmbH and Co. KG - Product / Service
- Exhibit 132: AUMA Riester GmbH and Co. KG - Key offerings
- 12.6 Curtiss Wright Corp.
- Exhibit 133: Curtiss Wright Corp. - Overview
- Exhibit 134: Curtiss Wright Corp. - Business segments
- Exhibit 135: Curtiss Wright Corp. - Key offerings
- Exhibit 136: Curtiss Wright Corp. - Segment focus
- 12.7 Emerson Electric Co.
- Exhibit 137: Emerson Electric Co. - Overview
- Exhibit 138: Emerson Electric Co. - Business segments
- Exhibit 139: Emerson Electric Co. - Key news
- Exhibit 140: Emerson Electric Co. - Key offerings
- Exhibit 141: Emerson Electric Co. - Segment focus
- 12.8 Flowserve Corp.
- Exhibit 142: Flowserve Corp. - Overview
- Exhibit 143: Flowserve Corp. - Business segments
- Exhibit 144: Flowserve Corp. - Key news
- Exhibit 145: Flowserve Corp. - Key offerings
- Exhibit 146: Flowserve Corp. - Segment focus
- 12.9 General Electric Co.
- Exhibit 147: General Electric Co. - Overview
- Exhibit 148: General Electric Co. - Business segments
- Exhibit 149: General Electric Co. - Key news
- Exhibit 150: General Electric Co. - Key offerings
- Exhibit 151: General Electric Co. - Segment focus
- 12.10 HanKun Beijing Fluid Control Technology Co. Ltd.
- Exhibit 152: HanKun Beijing Fluid Control Technology Co. Ltd. - Overview
- Exhibit 153: HanKun Beijing Fluid Control Technology Co. Ltd. - Product / Service
- Exhibit 154: HanKun Beijing Fluid Control Technology Co. Ltd. - Key offerings
- 12.11 LINAK AS
- Exhibit 155: LINAK AS - Overview
- Exhibit 156: LINAK AS - Product / Service
- Exhibit 157: LINAK AS - Key offerings
- 12.12 Moog Inc.
- Exhibit 158: Moog Inc. - Overview
- Exhibit 159: Moog Inc. - Business segments
- Exhibit 160: Moog Inc. - Key offerings
- Exhibit 161: Moog Inc. - Segment focus
- 12.13 Parker Hannifin Corp.
- Exhibit 162: Parker Hannifin Corp. - Overview
- Exhibit 163: Parker Hannifin Corp. - Business segments
- Exhibit 164: Parker Hannifin Corp. - Key news
- Exhibit 165: Parker Hannifin Corp. - Key offerings
- Exhibit 166: Parker Hannifin Corp. - Segment focus
- 12.14 Rotork Plc
- Exhibit 167: Rotork Plc - Overview
- Exhibit 168: Rotork Plc - Business segments
- Exhibit 169: Rotork Plc - Key offerings
- Exhibit 170: Rotork Plc - Segment focus
- 12.15 Schaeffler AG
- Exhibit 171: Schaeffler AG - Overview
- Exhibit 172: Schaeffler AG - Business segments
- Exhibit 173: Schaeffler AG - Key offerings
- Exhibit 174: Schaeffler AG - Segment focus
- 12.16 Siemens AG
- Exhibit 175: Siemens AG - Overview
- Exhibit 176: Siemens AG - Business segments
- Exhibit 177: Siemens AG - Key news
- Exhibit 178: Siemens AG - Key offerings
- Exhibit 179: Siemens AG - Segment focus
- 12.17 SMC Corp.
- Exhibit 180: SMC Corp. - Overview
- Exhibit 181: SMC Corp. - Product / Service
- Exhibit 182: SMC Corp. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 183: Inclusions checklist
- Exhibit 184: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 185: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 186: Research methodology
- Exhibit 187: Validation techniques employed for market sizing
- Exhibit 188: Information sources
- 13.5 List of abbreviations
- Exhibit 189: List of abbreviations
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global electric actuators market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global electric actuators market 2017 - 2021 ($ million)
- 4.2 End-user Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
- 4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by End-user
- 6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
- 6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user
- 6.3 Automotive industry - Market size and forecast 2022-2027
- Exhibit 34: Chart on Automotive industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Automotive industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Automotive industry - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Automotive industry - Year-over-year growth 2022-2027 (%)
- 6.4 Water and wastewater industry - Market size and forecast 2022-2027
- Exhibit 38: Chart on Water and wastewater industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Water and wastewater industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Water and wastewater industry - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Water and wastewater industry - Year-over-year growth 2022-2027 (%)
- 6.5 Marine industry - Market size and forecast 2022-2027
- Exhibit 42: Chart on Marine industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Marine industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Marine industry - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Marine industry - Year-over-year growth 2022-2027 (%)
- 6.6 Aerospace and defense industry - Market size and forecast 2022-2027
- Exhibit 46: Chart on Aerospace and defense industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Data Table on Aerospace and defense industry - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Aerospace and defense industry - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Aerospace and defense industry - Year-over-year growth 2022-2027 (%)
- 6.7 Others - Market size and forecast 2022-2027
- Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.8 Market opportunity by End-user
- Exhibit 54: Market opportunity by End-user ($ million)
- Exhibit 55: Data Table on Market opportunity by End-user ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 56: Chart on Type - Market share 2022-2027 (%)
- Exhibit 57: Data Table on Type - Market share 2022-2027 (%)
- 7.2 Comparison by Type
- Exhibit 58: Chart on Comparison by Type
- Exhibit 59: Data Table on Comparison by Type
- 7.3 Rotary - Market size and forecast 2022-2027
- Exhibit 60: Chart on Rotary - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Rotary - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Rotary - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Rotary - Year-over-year growth 2022-2027 (%)
- 7.4 Linear - Market size and forecast 2022-2027
- Exhibit 64: Chart on Linear - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Data Table on Linear - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Chart on Linear - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on Linear - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Type
- Exhibit 68: Market opportunity by Type ($ million)
- Exhibit 69: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 71: Chart on Market share by geography 2022-2027 (%)
- Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 73: Chart on Geographic comparison
- Exhibit 74: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 North America - Market size and forecast 2022-2027
- Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 Japan - Market size and forecast 2022-2027
- Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 115: Market opportunity by geography ($ million)
- Exhibit 116: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 117: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 119: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 120: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 121: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 122: Matrix on vendor position and classification
- 12.3 ABB Ltd.
- Exhibit 123: ABB Ltd. - Overview
- Exhibit 124: ABB Ltd. - Business segments
- Exhibit 125: ABB Ltd. - Key offerings
- Exhibit 126: ABB Ltd. - Segment focus
- 12.4 Actuonix Motion Devices Inc.
- Exhibit 127: Actuonix Motion Devices Inc. - Overview
- Exhibit 128: Actuonix Motion Devices Inc. - Product / Service
- Exhibit 129: Actuonix Motion Devices Inc. - Key offerings
- 12.5 AUMA Riester GmbH and Co. KG
- Exhibit 130: AUMA Riester GmbH and Co. KG - Overview
- Exhibit 131: AUMA Riester GmbH and Co. KG - Product / Service
- Exhibit 132: AUMA Riester GmbH and Co. KG - Key offerings
- 12.6 Curtiss Wright Corp.
- Exhibit 133: Curtiss Wright Corp. - Overview
- Exhibit 134: Curtiss Wright Corp. - Business segments
- Exhibit 135: Curtiss Wright Corp. - Key offerings
- Exhibit 136: Curtiss Wright Corp. - Segment focus
- 12.7 Emerson Electric Co.
- Exhibit 137: Emerson Electric Co. - Overview
- Exhibit 138: Emerson Electric Co. - Business segments
- Exhibit 139: Emerson Electric Co. - Key news
- Exhibit 140: Emerson Electric Co. - Key offerings
- Exhibit 141: Emerson Electric Co. - Segment focus
- 12.8 Flowserve Corp.
- Exhibit 142: Flowserve Corp. - Overview
- Exhibit 143: Flowserve Corp. - Business segments
- Exhibit 144: Flowserve Corp. - Key news
- Exhibit 145: Flowserve Corp. - Key offerings
- Exhibit 146: Flowserve Corp. - Segment focus
- 12.9 General Electric Co.
- Exhibit 147: General Electric Co. - Overview
- Exhibit 148: General Electric Co. - Business segments
- Exhibit 149: General Electric Co. - Key news
- Exhibit 150: General Electric Co. - Key offerings
- Exhibit 151: General Electric Co. - Segment focus
- 12.10 HanKun Beijing Fluid Control Technology Co. Ltd.
- Exhibit 152: HanKun Beijing Fluid Control Technology Co. Ltd. - Overview
- Exhibit 153: HanKun Beijing Fluid Control Technology Co. Ltd. - Product / Service
- Exhibit 154: HanKun Beijing Fluid Control Technology Co. Ltd. - Key offerings
- 12.11 LINAK AS
- Exhibit 155: LINAK AS - Overview
- Exhibit 156: LINAK AS - Product / Service
- Exhibit 157: LINAK AS - Key offerings
- 12.12 Moog Inc.
- Exhibit 158: Moog Inc. - Overview
- Exhibit 159: Moog Inc. - Business segments
- Exhibit 160: Moog Inc. - Key offerings
- Exhibit 161: Moog Inc. - Segment focus
- 12.13 Parker Hannifin Corp.
- Exhibit 162: Parker Hannifin Corp. - Overview
- Exhibit 163: Parker Hannifin Corp. - Business segments
- Exhibit 164: Parker Hannifin Corp. - Key news
- Exhibit 165: Parker Hannifin Corp. - Key offerings
- Exhibit 166: Parker Hannifin Corp. - Segment focus
- 12.14 Rotork Plc
- Exhibit 167: Rotork Plc - Overview
- Exhibit 168: Rotork Plc - Business segments
- Exhibit 169: Rotork Plc - Key offerings
- Exhibit 170: Rotork Plc - Segment focus
- 12.15 Schaeffler AG
- Exhibit 171: Schaeffler AG - Overview
- Exhibit 172: Schaeffler AG - Business segments
- Exhibit 173: Schaeffler AG - Key offerings
- Exhibit 174: Schaeffler AG - Segment focus
- 12.16 Siemens AG
- Exhibit 175: Siemens AG - Overview
- Exhibit 176: Siemens AG - Business segments
- Exhibit 177: Siemens AG - Key news
- Exhibit 178: Siemens AG - Key offerings
- Exhibit 179: Siemens AG - Segment focus
- 12.17 SMC Corp.
- Exhibit 180: SMC Corp. - Overview
- Exhibit 181: SMC Corp. - Product / Service
- Exhibit 182: SMC Corp. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 183: Inclusions checklist
- Exhibit 184: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 185: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 186: Research methodology
- Exhibit 187: Validation techniques employed for market sizing
- Exhibit 188: Information sources
- 13.5 List of abbreviations
- Exhibit 189: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio

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