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Actuator Market Size & Trends

Actuator Market Size & Trends

Actuator Market Size & Trends

According to a new market research report published by Global Market Estimates, the Actuator Market is projected from an estimated USD 53.9 billion in 2022 to USD 86.6 billion by 2027, at a CAGR of 8.2%.
The market is expected to be driven market rising need for novel and cutting-edge actuators across a variety industry, rising demand in the healthcare industry and huge investment on infrastructure and facility modernization.
Other factors influencing the market include the growing use of smart actuators in various industries, an increase in the number of commercial planes delivered, technological breakthroughs, the creation of smart cities around the world, an increase in oil exploration activities, and the automotive industry's ongoing expansion.

Browse 153 Market Data Tables and 113 Figures spread through 185 Pages and in-depth TOC on "Actuator Market - Forecast to 2027'' https://www.globalmarketestimates.com/market-report/actuator-market-3871

By Actuation (Electrical, Pneumatic, Hydraulic), By Type (Linear, Rotary), By Vertical (Automotive, Electronics, Healthcare), By Region (North America, Asia Pacific, Central, and South America, Europe, and the Middle East and Africa), Competitive Landscape Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• As per the Type outlook, the Linear segment is expected to be the largest segment in the Actuator Market from 2022 to 2027
• The Asia Pacific region is analyzed to be the fastest-growing segment in the market
• North American Region has the largest share in the market during the forecast period of 2022-2027.
• As per the Vertical, the Automotive segment is expected to be the largest segment in the Actuator Market from 2022 to 2027
• Emerson Electric, ABB, Rockwell Automation, Altra Industrial Motion, Moog, SMC, Curtis Wright Corporation, MISUMI, Rotork plc, Parker Hannifin are some among the key players of this market.

Type Outlook (Revenue, USD Billion, 2022-2027)
• Linear
• Rotary
Actuation Outlook (Revenue, USD Billion, 2022-2027)
• Electrical
• Pneumatic
• Hydraulic
Vertical Outlook (Revenue, USD Billion, 2022-2027)
• Automotive
• Electronics
• Healthcare
Regional Outlook (Revenue, USD Billion, 2022-2027)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA

Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +1 6026667238

B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India

Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.

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