Linear Actuators Market Expected to be Valued US$ 2.6 Bn by the end of 2025

Global Industry Analysis

The Linear Actuators Market is an ever-growing global industry, valued at over $1.5 billion in 2020 and expected to reach $2.6 billion by 2025. Linear actuators are used in a variety of applications such as aerospace, robotics, electric vehicles, medical equipment, home automation, and factory automation systems.

For positioning applications, linear actuators help convert energy into straight line motion. Most linear actuators are mechanical or electromechanical components that offer precise positioning and movement. In industrial machinery, computer peripherals, valves, and various other applications where linear motion is necessary, these actuators are mainly used.

Push and pull actions are normally produced by a conventional linear actuator. The linear actuators market is anticipated to grow at an outstanding CAGR over the course of the forecast period as most processes in a wide range of industries become automated.

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Linear Actuators Market: Drivers and Restraints

The main factors driving the growth of the linear actuators market are the increasing automation in the manufacturing industry. Industry goals such as achieving full factory automation and integration of the Industrial Internet of Things are some of the main reasons that will drive increased demand for linear actuators.

However, increasing industrialization, particularly in third world countries, is another factor that will drive demand in the global market for linear actuators, in the context of a growing number of factories. As the number of research studies conducted increases, the demand for telescopic actuators is expected to increase significantly. Also, as companies move beyond their legacy systems to achieve greater efficiency and replace existing actuators with new ones, the demand for linear actuators is expected to increase. In addition, as an increasing number of industrial processes adopt self-control, the demand for linear actuator market positioning is expected to increase continuously.

However, as employment concerns increase in most countries in the context of increased factory automation, the demand for linear actuators could decline during the later years of the forecast period. The adoption of  3D printing in many industries is another factor that will restrict the demand for linear actuators as the use of machines will decrease.

Linear Actuators Market: Market Segmentation 

Based on the operating mechanism
Mechanic
Hydraulic
Tire
Piezoelectric
electromechanical actuators

Based on end use industry
Automotive
Medical/Health Care
Energy and Mining,
Steel
Building
Military
Chemical
Others

Linear Actuators Market: Regional Outlook 

Geographically, the 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 significant portion of the demand for linear actuators comes from North America and the region is expected to maintain its dominance throughout the forecast period.

Additionally, with a greater inclination towards US manufacturing shifting from China and other ASEAN countries, the demand for linear actuators will further increase in the region. Asia Pacific Exc. Japan is another prominent shareholder in terms of demand for linear actuators, amid China's large manufacturing sector.

Furthermore, with India and Indonesia picking up at a fast pace, the demand for linear actuators is expected to expand with a bullish growth rate during the forecast period. Being home to large automotive and research base companies, Western Europe is another prominent region that generates high demand for linear actuators.

Eastern Europe is also expected to generate declining demand for linear actuators, particularly from the energy and defense sector. Rising industrialization and the already dominant oil and gas industry in the Middle East and Africa is the main reason driving automation in the Middle East region. Therefore, it drives a higher demand for linear actuators. Japan is another prominent industrial nation, driving demand for linear actuators, due to the high penetration of automation in its industries, along with the growing semiconductor industry in the region.

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Linear Actuators Market: Key Players

Some of the Identified Players in the Global Linear Actuators Market are:-

Duff-Norton
Helix Linear Technologies, Inc.
Altra Industrial Movement
Tolomatic, Inc.
Fabco-Air, Inc.
Actuonix motion devices
direct tusk, inc.
Bishop-Wisecarver Corporation
BEI Kimco Magnetics
Burr Engineering and Development Company
Del-Tron Precision, Inc.
Rollon India SA Limited.

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This release was published on openPR.