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Actuators Market by Type, System, Application And Region - Global Forecast to 2022

Actuators Market: Global Forecast until 2022

  • February 2018
  • 175 pages
  • ID: 5312890
In this report:
The global commercial aircraft fleet in service is expected to grow by ##% to ##,## aircraft in 2035.
The linear actuators subsegment of the electrical actuators market is expected to grow from USD ##,##.## million in 2017 to USD ##,##.## million by 2022, registering a CAGR of ##.##% during the forecast period.

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The actuators market is estimated to rise at a compound annual growth rate of ~4.9 percent between 2017 and 2022

The actuators market is forecasted to grow from an estimated ~$38.8B in 2017 to ~$49.3B by 2022, at a compound annual growth rate of ~4.9 percent between 2017 and 2022. Technological improvements in actuators, rised business investments in process automation across end-use verticals, and rise in the number of aircraft deliveries are the top factors driving the rise of the actuators market. Nevertheless, volatility in the oil & gas market is one of the restraints for the actuators market during the estimate period

Established on category, the linear actuator segment is planned to account for the most important share of the actuators market in 2017

Established on category, the linear actuator segment is intended to account for the biggest share of the actuators market in 2017. The increase of this segment of the sector can be accredited to the significant rise in the automotive sector. Linear actuators are used primarily in automation applications in a wide range of sectors where machine components and tools, among others require linear positioning

The Asia Pacific area is forecasted to account for the most important share of the actuators market in 2017

The Asia Pacific area is expected to account for the biggest share of the actuators market in 2017. The territory is also anticipated to drive overall IoT increase over the upcoming 5 years. IoT has been an area of focus in emerging economies, including India and China (CN). This includes the establishment of smart cities, IoT-specific centers of excellence, which simultaneously are anticipated to propel the industry demand for actuators, driving the rise of the Asia Pacific actuators market. The Asia Pacific actuators market is also forecasted to grow at the highest compound annual growth rate (CAGR) during the outlook period.

The breakup of the profiles of the primary participants in this business report on the actuators market has been provided below:

• By Company category: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

• By Description: C-suite - 35.0 percent, D-level - 25.0 percent, and Others - 40.0 percent

• By Area: North America (NA) - 30.0 percent, EU - 20.0 percent, Asia-Pac - 30.0 percent, Middle East- 10.0 percent, and rest of the world - 10.0 percent

The top players decribed in this industry report on the actuators market are Emerson, Honeywell, Moog, Rotork, and Pentair, among others, and the manufacturers of various types of actuators, including Parker Hannifin, ABB, Cameron, SMC, and Eaton, among others.

Segment Research

The market study segments the actuators market established on category, system (electrical, pneumatic, hydraulic, mechanical, and others), application (end use and industrial), and maps these segments and sub-segments across five main regions, that is, North America continent, Europe (EU), Asia Pacific (APAC), Middle East (ME), and Rest of the globe. The study offers detailed market intelligence regarding market dynamics and top factors, including drivers, industry restraints, possibilities, and market-specific challenges that influence the increase of the actuators market, together with an study of micromarkets with respect to individual developments trends, future perspectives, and their contribution to the actuators market.

Reasons to Buy This Report:

From an insight prospect, this market research highlights on different levels of analyses, which include industry study, market share study of the top actors, supply chain research, and company descriptions. These insights together comprise and discuss the basic overviews on the competitive landscape, coming out and high increase segments of the actuators market, high increase regions, and drivers, market restraints, alternatives, and opportunities for the actuators market.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on distinct types of actuators provided by the top actors operating in the actuators market.

• Product Development/Innovative products: In-depth understanding on the next technologies, Research&development activities, and recent product launches in the actuators market.

• Market Development: Highlighted information about emerging industries as the market research examines the industries for actuators across different regions.

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the actuators market.

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players operating in the actuators market.

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