Actuator Market 2021 Competitive Insights and Precise Outlook - Belimo, Johnson Controls, Siemens, Honeywell, Rotork, Schneider

The research report studies the Actuator market using different methodologies and analyzers to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each place is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The data analysts have used primary and secondary methodologies to consolidate the information in the report.. They have also used the same data to generate the current business scenario.

In 2020, the global Actuator market size was US$ 7519 million and it is expected to reach US$ 10650 million by the end of 2027, with a CAGR of 4.6% during 2021-2027.

Top Leading Companies of Global Actuator Market are Belimo, Johnson Controls, Siemens, Honeywell, Rotork, Schneider, Azbil Corporation, Neptronic, KMC Controls, Dura Control, Dwyer Instruments, Hansen Corporation, Kinetrol, and others.

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Market Overview:

The major players in global Actuator market include Rotork, Auma, Emerson, etc. The top 3 players occupy about 30% shares of the global market. North America and Europe are main markets, they occupy about 60% of the global market. Pneumatic Actuators is the main type, with a share over 60%. Petroleum & Chemical and General Industries are the main applications, which hold a share about 70%.

Industry News and Updates:

Honeywell Introduces Advanced Monitoring And Incident Response Service To Help Improve OT Cybersecurity And Increase Operational Resilience

June 9, 2021 - Honeywell (NASDAQ: HON), a global leader in industrial cybersecurity, announced today the introduction of the Honeywell Advanced Monitoring and Incident Response (AMIR) service. The service provides 24/7 operational technology (OT) cybersecurity detection and rapid response for current and emerging cyber threats.

AMIR is a cost-effective, easy to deploy, scalable cybersecurity service that is tailored to help IT and OT security teams that may struggle to keep up with the continuing evolution of today's cyber-attacks that target industrial control systems (ICS) and operational technology networks due to a lack of expertise or budget constraints.

By Types:

Spring Return Damper Actuators

Non-Spring Return Damper Actuators

By Application(Actuator)

Commercial Building

Industrial Facilities

Public Utilities

Others 

Scope of the Report:

This Actuator market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading key players encompassing their successful marketing strategies, market contribution, recently developments in both historic and present contexts.

The regions are further sub-divided into:

-North America  – US, Canada, and Mexico
-Europe  – UK, Germany, France, Italy, Russia, Spain & Rest of Europe
-Asia-Pacific  – China, India, Japan, South Korea, Australia & Rest of APAC
-Latin America  – Brazil, Argentina, Peru, Chile & Rest of Latin America
-Middle East and Africa – Saudi Arabia, UAE, Israel, South Africa

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Key Questions Answered in the Global Actuator Industry Report

What will be the Actuator market size?
What are the new opportunities?
What is the market share?
What are targeted audiences?
Which are the top players in Actuator market?
How the competition goes in the future?
Which are the leading countries?
What are the challenges in future?

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. Further, it also allows you to do valuable competitor research to get inspiration for marketing the products. When it comes to satisfaction, it is necessary to get definitive idea about what is exactly going in the market. This report exactly provides overall market scenario.

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Report Customization:

Global Actuator Market, report can be customized according to your business requirements as we recognize what our clients want, we have extended 15% customization at no additional cost to all our clients for any of our syndicated reports.

In addition to customization of our reports, we also offer fully tailored research solutions to our clients in all industries we track.

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This release was published on openPR.