The global actuators market is projected to grow from USD 71.22 billion in 2025 to USD 100.41 billion in 2030, at a CAGR of 7.1% during the forecast period. The rising adoption of automation technologies across industries is a key market driver, as actuators are critical in enabling precise motion control, energy efficiency, and safety in applications such as automotive, aerospace, healthcare, oil & gas, manufacturing, and renewable energy. The increasing demand for electric actuators over traditional hydraulic and pneumatic systems reshapes the market, driven by advantages such as lower maintenance, higher energy efficiency, and better integration with digital control systems. Additionally, the adoption of smart actuators integrated with sensors, IoT connectivity, and AI-based predictive analytics enables real-time monitoring, fault detection, and remote operation, further boosting growth.
Emerson Electric Co. (US), PARKER HANNIFIN CORP
(US), ABB (Switzerland), Rockwell Automation (US), and SMC Corporation (Japan)
are some key players in the actuators market. These players have incorporated
various organic and inorganic growth strategies, including collaborations,
acquisitions, product launches, partnerships, and expansions, to strengthen
their international footprint and capture a greater share of the actuators
market.
Major Actuators
Companies Include:
- Emerson
Electric Co. (US)
- PARKER
HANNIFIN CORP (US)
- ABB
(Switzerland)
- Rockwell
Automation (US)
- SMC
Corporation (Japan)
For instance, in January 2025, SMC Corporation
introduced the Rotary Actuators CRB/CDRB Series, available in a double vane for
sizes 10 to 40. The series features a compact body design equipped with a
built-in angle adjustment unit and an auto switch unit, enhancing functionality
and ease of use. In April 2024, Emerson Electric Co. also launched the ASCO
Series 148/149 safety valve and motorized actuator for industrial fuel oil
burner recirculation and safety shutoff. Designed to prevent overpressure, leaks,
and system failures, the solution offers a reliable, versatile configuration
suitable for a wide range of combustion system applications.
Emerson Electric Co.:
Emerson Electric Co. is one of the leading
providers and integrators of automation products and solutions. The company
operates through three business segments: Automation Solutions, Commercial
& Residential Solutions, and AspenTech. The Automation Solutions segment
offers measurement & analytical instrumentation products, valves,
actuators, regulators, industrial solutions, and process control systems &
solutions. These products respond to commands from a control system to
continuously and precisely modulate the flow of process fluids, smart
actuation, and control technologies; pressure management products; and
industrial and residential regulators that reduce the pressure of fluids moving
from high-pressure supply lines into lower-pressure systems. Its core
competency lies in combining advanced automation technologies with deep
industry expertise to help customers drive efficiency, sustainability, and
innovation. It excels at delivering integrated solutions in industrial
automation, measurement, control systems, and climate technologies.
Rockwell Automation:
Rockwell Automation is one of the leading
providers and integrators of industrial automation products and solutions. The
company operates through three business segments: Intelligent Devices, Software
& Control, and Lifecycle Services. It offers advanced process control
systems, condition monitoring, input/output (I/O) equipment, distributed
control systems, drives, drive systems, industrial control products, industrial
network products, industrial sensors, motion control systems, programmable
control systems, and safety systems. It also provides automation control and
integrated control systems through its strategic brand, Allen Bradley. It
provides linear actuators, electric cylinders, and motion analyzer software
through the Intelligent Devices segment for various industrial customers. It
has 35 subsidiaries and distribution networks in 80 countries across the globe
and a presence in the US, Canada, Europe, the Middle East, Africa, Asia
Pacific, and Latin America. The company focuses on delivering intelligent
automation and control solutions, including actuators that enable precise
motion, positioning, and machine performance. It integrates advanced control
systems with smart actuators to improve productivity, safety, and energy
efficiency.
Download
PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=59465451
Market Ranking
The actuator market is fragmented, with five major
players. Emerson Electric Co. has reinforced its leadership by offering one of
the most extensive portfolios of hydraulic, pneumatic, and electric actuators,
ranging from standalone devices to turnkey valve operating systems, along with
a comprehensive global service and support network. PARKER HANNIFIN CORP has
strengthened its position with a wide-ranging portfolio of motion and control
technologies, including modular pneumatic, hydraulic, and electromechanical
actuators ideal for automation and high-load applications. ABB focuses on
delivering robust actuator solutions that include linear and rotary pneumatic
actuators for rotational and linear motion applications across industrial
sectors. Rockwell Automation secures its standing through integration with its
broader automation control and industrial IoT systems. It provides smart
actuator capabilities embedded within connected automation platforms that
support real-time monitoring and predictive maintenance. SMC Corporation offers
a comprehensive array of pneumatic and electric actuator products—linear
cylinders, guided actuators, rodless, and rotary actuators—widely used in
automotive, semiconductor, food & beverages, life sciences, and machine
tools industries.
No comments:
Post a Comment