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New Study Reveals Key Insights on Global Linear Actuators Market; Forecast 2017-2027

07-27-2018 02:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

New Study Reveals Key Insights on Global Linear Actuators

Linear actuators assist in converting energy into straight line motions, generally for positioning applications. Most of the linear actuators are either mechanical or electro-mechanical devices that provide controlled movement and positioning. These actuators are primarily used in industrial machinery, computer peripherals, valves, and many other places where linear motion is required. A typical linear actuator generally produces push and pull action. As most processes across a variegated range of industries gets automated, the global linear actuators market is expected to expand with an impressive CAGR throughout the forecast period.

Linear ActuatorsMarket: Drivers & Restraints

The major factors boosting the growth of linear actuators market is rising automation across manufacturing industry. Industrial objectives such as achieving complete factory automation, and integrating Industrial Internet of Things are some of the prime reasons that will drive more demand for linear actuators. While, rising industrialization particularly in the third world countries is another factor that will drive the demand in the global linear actuators market, on the backdrop of increasing number of factories. As the number of research studies conducted increases, demand for telescopic actuators is expected to increase significantly. Also as companies overcome their legacy systems to achieve higher efficiency, and replace existing actuators with new ones, demand for linear actuators is expected to rise. Furthermore, as an increasing number of industrial process adopt self-control and positioning demand in the linear actuators market is expected to continuously rise.

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However, as concerns regarding employment rises among most countries on the backdrop of increasing automation in factories, demand for linear actuators might get sluggish over the end years of the forecast period. Adoption of 3D printing in many industries is another factor that will restrain the demand for linear actuators, as usage of machines will decrease.

Linear ActuatorsMarket: Market Segmentation

The Linear Actuators Market is segmented into two parts based on operation type and end use industry:

Based on operation mechanism, the linear actuator market is segmented into:

Mechanical

Hydraulic

Pneumatic

Piezoelectric

Electro-mechanical actuators

Based on End Use Industry, the linear actuator market is segmented into:

Automotive

Medical/Healthcare

Energy and Mining,

Steel

Construction

Military

Chemical

Others

Linear Actuators Market: Regional Outlook

Geographically, linear actuators market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa.A prominent share of the demand for linear actuators comes from North America, and the region is expected to maintain its dominance throughout the forecast period. Furthermore, with more inclination towards shifting manufacturing in US from China and other ASEAN countries, demand for linear actuators will further rise in the region. Asia Pacific Exc. Japan is another prominent shareholder in terms of demand for linear actuators, amid, large manufacturing sector of China. Moreover, with India and Indonesia picking up at a fast pace, demand for linear actuators is expected to expand with a bullish growth rate over the forecast period. Being home to large automotive and research base companies, Western Europe is another prominent region generating huge demand for linear actuators. Eastern Europe is also expected to generate descent demand for linear actuators, particularly from energy and defense sector. Rising industrialization and the already dominant oil and gas industry of Middle East and Africa is the prime reason driving automation in the Middle Eastern region. Thus driving more demand for linear actuators. Japan is another prominent industrial nation, which drives demand for linear actuators, due to high automation penetration in their industries coupled with growing semiconductor industry of the region.

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Linear Actuators Market: Key Players

Some of the players identified in Global Linear Actuators market are:-

Duff-Norton

Helix Linear Technologies, Inc.

Altra Industrial Motion

Tolomatic, Inc.

Fabco-Air, Inc.

Actuonix Motion Devices

Tusk Direct, Inc.

Bishop-Wisecarver Corporation

BEI Kimco Magnetics

Burr Engineering & Development Company

Del-Tron Precision, Inc.

Rollon India Pvt. Ltd.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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