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Tuesday, July 27, 2021

Global Actuators Market to be Driven by the Need to Enhance Productivity in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Actuators Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026’, gives an in-depth analysis of the Global Actuators Market, assessing the market based on its segments like actuation, type, application, and region. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@

The key highlights of the report include:

  • Historical Market Size (2020): USD 48.7 Billion
  • Forecast CAGR (2021-2026): 7.4%
  • Forecast Market Size (2026): USD 74.8 Billion

Market Overview (2016-2026)

The healthcare industry is developing and manufacturing new machines that require actuators. They are utilised in medical devices like as wheelchairs, patient lifts, treatment chairs, dental chairs, medical beds, and CT, MRI, and PT scanning equipment. The expansion of healthcare facilities and the rise in the senior population are driving the worldwide healthcare actuators market. In countries such as the United States, India, and China, the number of hospitals is growing.

Industry Definition and Major Segments

An actuator is a machine component that provides mobility and control over a mechanism or system. Consider the opening of a valve. It necessitates an energy supply as well as a control signal.

Based on their actuation, they can be categorised as:

On the basis of types, the market is segmented into:

  • Linear Actuators
  • Rod Type Linear Actuators
  • Screw Type Linear Actuators
  • Belt Type Linear Actuators
  • Rotary Actuators
  • Motors
  • Bladder and Vane
  • Piston Type

By application, the industry is bifurcated into:

  • Industrial Automation
  • Robotics
  • Vehicles and Equipment
  • Others

On the basis of region, the market is segmented into:

  • North America
  • Europe
  • Asia
  • Latin America
  • Middle East and Africa

Explore the full report with the table of contents@

Market Trends

Some of the reasons influencing the actuators market growth include the development of innovative and cost-effective actuators, as well as the increased need for robotics and process automation in various industrial segments. The linear category is predicted to expand at the fastest CAGR throughout the projection period. Automation is where linear actuators are most employed. They are employed in a variety of sectors where precise positioning is necessary. Actuator demand has increased dramatically, and this trend is projected to continue during the forecast period.

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Key Market Players

The major players in the market are Rockwell Automation Inc., Moog Inc., SMC Corporation, Curtis Wright, IMI PLC, Altra Industrial Motion, Tolomatic, Venture Mfg. Co. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Informes de Expertos (, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

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Contact Person: Sofia Williams, Corporate Sales Specialist – U.S.A.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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