The global actuators market is expected to grow from USD 71.22 billion in 2025 to USD 100.41 billion by 2030 at a CAGR of 7.1% during the forecast period. The increasing demand for automation and the need for efficient control systems are key factors driving the actuators industry. Technological advancements, such as the development of electric actuators and the integration of actuators with IoT and AI, further help enhance their capabilities and applications.
KEY TAKEAWAYS
- Electric
actuation excels through precision, efficiency, low maintenance, and
seamless digital integration, driving modern automation and sustainable
systems.
- Robotics
contributes to the actuator demand due to its widespread adoption, need
for precision, and the rise in automation and smart manufacturing.
- Linear
actuators are versatile, simple, and reliable, and are widely used in
industrial automation, robotics, automotive, and consumer applications
where precise linear motion is essential.
- The
automotive sector is rapidly shifting toward electrification, advanced
driver-assistance systems (ADAS), and automation. All of these require
high-precision, durable actuators, making automotive a consistent and
high-volume application.
- The
Asia Pacific region leads the actuators market due to extensive automation
adoption, a strong automotive and electronics base, and supportive
government initiatives.
- Major
market players have adopted organic and inorganic strategies, including
partnerships and investments. For instance, Emerson Electric Co., SMC
Corporation, and Curtiss-Wright introduced actuators equipped with
enhanced features and improved performance capabilities.
Actuators are integral components in various
industries, converting energy into mechanical motion to drive systems and
machinery. Their applications span manufacturing, automotive, aerospace, and
healthcare, among other sectors. As industries continue to prioritize
automation and efficiency, the actuators market is expected to experience
sustained growth due to the ongoing technological innovations and expanding
applications across various sectors.
The actuators ecosystem involves identifying and
analyzing interconnected relationships among various stakeholders, including
manufacturers, distributors, and end users. Distributors establish contact
between the manufacturing companies and end users to concentrate on the supply
chain, increasing operational efficiency and profitability.
Download
PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=59465451
Asia Pacific to hold the largest share of the global
actuators market during the forecast period
Asia Pacific captured the largest share of the
global actuators market in 2024 due to the widespread adoption of automation
across multiple sectors. Increasing demand from the automotive,
manufacturing, and aerospace industries is a major factor driving the market,
as actuators are critical in enhancing operational efficiency and precision.
The shift toward advanced technologies, including electric vehicles, robotics,
and smart manufacturing systems, has further accelerated the need for reliable,
high-performance actuators.
No comments:
Post a Comment