openPR Logo
Press release

North America Linear Actuators Market Synopsis and Highlights, Key Findings, Major Companies Analysis like Kollmorgen, Tsubakimoto Chain, Co., DESTACO, Enerpac, Duff-Norton, Joyce Dayton Corporation, MOOG, Inc., PHD, Inc., General Electric, Co., NOOK Indu

07-23-2018 11:30 AM CET | Industry, Real Estate & Construction

Press release from: MRRSE.com

MRRSE

MRRSE

Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Linear Actuators Market -” offers a detailed analysis of the market, providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the Global Linear Actuators market have been elaborated upon in the research report.

Request Free Sample on Linear Actuators Market Research Report @ https://www.mrrse.com/sample/2204

The North America market for linear actuators is chiefly driven by the rising adoption of automation across a number of industries, an increased focus on wastewater management, and the flourishing aerospace and defense industry. An exponential rise in shale gas exploration activities in the region is also expected to levy a significant positive impact on the market’s overall development in the next few years.

Market Research estimates that the market will exhibit a promising 6.9% CAGR over the period between 2016 and 2024. At this rate, the market, which valued at US$2,893.5 mn in 2015, will reach a valuation of US$5,236.6 mn by 2024.

Linear Actuators Market in Mexico to Exhibit Strong Growth

From a geographical perspective, the North America linear actuators market is examined for the U.S., Canada, and Mexico. Of these, the U.S. accounted for over two-thirds of the market’s overall revenue in 2015 and is expected to retain its top spot through 2024 as well. The high rate of adoption of industrial automation, the rising demand for wastewater management, and the boom in the shale gas and food and beverages industries have been boosting the application of linear actuators in the U.S. market. These factors will continue to drive the increased demand for linear actuators in the U.S., keeping the country at the top spot in the North America market.

However, the market in Mexico will exhibit the most promising growth over the forecast period, registering a more than 8% CAGR. The rapid growth across the construction and manufacturing sectors witnessed over the past few years is expected to remain one of the key factors responsible for the robust development of the linear actuators market in the country in the near future. Furthermore, rising government investment aimed at improving power supply infrastructure, airports, and pipelines is also expected to boost the demand for linear actuators in Mexico over the forecast period.

Browse Detail on Linear Actuators Market Research Report with TOC @ https://www.mrrse.com/north-america-linear-actuators-market

Electric Actuators to Remain Most Promising Product Variety

The demand for electric actuators has also considerably increased in the region owing to the several limitations of mechanical actuators. The rate of replacement of mechanical actuators has considerably increased in the past few years, stimulating the uptake of electric actuators in the region. The segment is also expected to remain the most promising product variety in the North America market in the near future, exhibiting a 7.2% CAGR from 2016 through 2024. Electric actuators are expected to account for a nearly 25% of the overall market by 2024. The manual and hybrid varieties of linear actuators are also expected to witness promising growth over the said period. 

Of the key varieties of linear actuators available in the North America market, the report examines hydraulic, pneumatic, electric, and mechanical linear actuators. Of these, the segment of electric linear actuators emerged as the most attractive segment, accounting for a 24% of the market in 2015. The rising adoption across industrial automation practices, better flexibility options, and the lower cost of ownership are some of the key factors that helped boost the consumption of electric linear actuators in the North America market. In the near future, the demand for actuators with high power efficiency and low weight will drive the demand for electric actuators.

North America Linear Actuators Market: Competitive Dynamics

The competitive landscape of the North America linear actuators market is highly fragmented, with none of the top five players accounting for a share of over 5% in the overall market in 2015.

Some of the leading players in the market are Kollmorgen, Tsubakimoto Chain, Co., DESTACO, Enerpac, Duff-Norton, Joyce Dayton Corporation, MOOG, Inc., PHD, Inc., General Electric, Co., NOOK Industries, Inc., Altra Industrial Motion, Corporation, Parker Hannifin Corporation, Festo Group, Tolomatic, Inc., Rockwell Automation, IAI America, Inc., Fortive Corporation, RACO International, L.P., and Curtiss-Wright Corporation.

For More Information or Any Query Visit @ https://www.mrrse.com/enquiry/2204

About (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords. 

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us                            

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release North America Linear Actuators Market Synopsis and Highlights, Key Findings, Major Companies Analysis like Kollmorgen, Tsubakimoto Chain, Co., DESTACO, Enerpac, Duff-Norton, Joyce Dayton Corporation, MOOG, Inc., PHD, Inc., General Electric, Co., NOOK Indu here

News-ID: 1139957 • Views:

More Releases from MRRSE.com

Automotive Microcontrollers Market | Industry Key Players - AG (Germany), Texas Instruments, Inc. (U.S.), ON Semiconductor Corp. (U.S.), STMicroelectronics N.V. (Switzerland), Maxim Integrated Products, Inc. (U.S.), NXP Semiconductors N.V. (Netherlands)
Automotive Microcontrollers Market | Industry Key Players - AG (Germany), Texas …
MRRSE has recently published a report that explores the market for automotive microcontrollers at a global scale, and covers the market dynamics exhaustively, providing major trends impacting the market growth. This report on global market for automotive microcontrollers provides a detailed knowledge base for players who seek expansion of their presence globally. Insights offered in this report is instrumental for market players and investors, for gauging potential of the bubble
Global Commercial Refrigeration Equipment Market |Key Players Baltimore Aircoil Company, Inc. (US), Daikin Industries, Ltd. (Japan), GEA Group AG (Germany), Emerson Climate Technologies (US)
Global Commercial Refrigeration Equipment Market |Key Players Baltimore Aircoil …
MRRSE provides the forecast and in-depth on the global commercial refrigeration equipment market for the forecast period 2017-2026. The report also analyzes the market in terms of market volume and value and offers information on the market dynamics, competitors, current market scenario, and future market growth. Year-on-year growth and important factors supporting the decision-making process is also offered in the report on the global market for commercial refrigeration equipment. Get Report
Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Through 2026 || Market Players are - Arconic, AUSTEM COMPANY LTD., Constellium N.V., Bharat Forge, UACJ Corporation, FLEX-N-GATE CORPORATION
Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Thr …
A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled “Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Through 2026” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. The report comprises a detailed value chain analysis, which provides a comprehensive view
Frontotemporal Disorders Treatment Market (2018-2028) || Key Players are Pfizer Inc., Johnson & Johnson, Sanofi S.A., Eli Lilly and Company, GlaxoSmithKline Plc., Novartis AG, Mylan N.V., Merck & Company Inc.
Frontotemporal Disorders Treatment Market (2018-2028) || Key Players are Pfizer …
A recent market study published by company – “Frontotemporal Disorders Treatment Market Assessment & Opportunity Analysis Recorded for 2018 – 2028” – consists of a comprehensive assessment of the most important market dynamics. On conducting a thorough research on the historic as well as current growth parameters of the frontotemporal disorders treatment market, growth prospects of the market are obtained with maximum precision. The report features unique and salient factors

All 5 Releases


More Releases for MRRSE

Global Market Study on Enterprise Governance, Risk and Compliance (EGRC)-MRRSE
Enterprise governance, risk and compliance (EGRC) being a multifaceted and innovative approach to risk management, corporate governance and compliance issues has a direct impact on business objectives. Market Research Reports Search Engine (MRRSE) has recently publicized the addition of a new research report to its vast online repository with a title “Enterprise Governance, Risk and Compliance (EGRC) Market: Global Industry Analysis and Forecast, 2016-2024”. This report on global enterprise governance, risk and
Latest Research Reports - MRRSE
The rising usage of vetiver oil in aromatherapy, due to its popularity as precious therapeutic oil in eastern countries on account of its safe, convenient and customary application is a major factor behind the increasing production for vetiver oil. A market research report titled as “Haitian Vetiver Oil Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024” has been recently added to the vast online
Industry Research Reports - MRRSE
This Future Market Insights report examines the ‘High Content Screening (HCS) Market for the period 2015–2025. New product launches are resulting in product assortment and thus, increased installation of High Content Screening (HCS) instruments. This is expected to bolster growth of the High Content Screening (HCS) market over the next five to six years. Furthermore, increasing government support for research and development for drug discovery processes across the globe is
Business Research Reports - MRRSE
Albany, New York, March 30, 2017: Market Research Reports Search Engine (MRRSE) announces the addition of a new report titled Global Market Study on Natural and Organic Flavors: Rising Health Consciousness among Consumers Expected to Boost Market Growth. This Persistence Market Research (PMR) report analyzes the Natural and Organic Flavors Market at the global as well as regional levels. This study provides data for 2015 along with that for the
Global Steam Autoclave Market Boosted by Growing Cases of Nosocomial Infections: …
Albany, New York, October 2016: Market Research Reports Search Engine (MRRSE.com) has added a new report to its ever-expanding database on the global industries of medical devices. The latest addition, titled Steam Autoclave Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024,” is an updated report that discusses the various possibilities where players in this market can utilize to gain a stronger foothold in it.
Wearable Technology Market Outlook, Competitive analysis, Industry Trends: MRRSE
This report covers the global wearable technology market size and forecast from 2012 to 2018 along with their application in different end-use segments such as wellness and fitness, healthcare and medical, infotainment, industrial and military. The performance of wearable technology applications across different geographical regions namely, North America, Europe, Asia and RoW (Rest of the World) has also been covered in this report. Browse the full Global Wearable Technology Market