According to Stratistics MRC, the Global Linear Actuators Market is accounted for $1.66 billion in 2019 and is expected to reach $3.08 billion by 2027 growing at a CAGR of 8.0% during the forecast period. Some of the key factors propelling the growth of the market are increasing automation in the manufacturing industry, rising number of factories, and rapid urbanization. However, early wear and tear of the linear actuator is the restraining factor for the growth of the market.
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By operation mechanism, the electric/electro-mechanical actuators segment is expected to grow at a significant market share during the forecast period as it provides high accuracy, high speed, and high reliability. Based on geography, North America is anticipated to hold considerable market share during the forecast period owing to the growing demand from various end-user industries along with the presence of several prominent players in this region.
Some of the key players in Linear Actuators Market include Duff-Norton, Bishop-Wisecarver Corporation, Tusk Direct, Inc., Altra Industrial Motion, Rollon India Pvt. Ltd., Parker-Hannifin Corporation, Helix Linear Technologies, Inc., General Electric Company, Fabco-Air, Inc., Del-Tron Precision, Inc., BEI Kimco Magnetics, Rockwell Automation, Inc, Actuonix Motion Devices
Tolomatic, Inc., and Burr Engineering & Development Company.
Operation Mechanisms Covered:
• Pneumatic
• Piezoelectric
• Mechanical
• Hydraulic
• Electric/Electro-Mechanical Actuators
End Users Covered:
• Water & Wastewater Management
• Agriculture
• Power
• Oil & Gas
• Military
• IT/Semiconductor
• General Industries
• Furniture
• Energy and Mining
• Automotive
• Chemical and Petrochemical
• Medical/Healthcare
• Steel
• Aerospace and Defense
• Construction
Sales Channels Covered:
• Distribution Channel
• Direct Channel
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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