Linear Actuators Market to Record CAGR of 8.4% Rise in Growth by 2025

Global industry analysis

The Linear Actuators Market is growing at an impressive rate with a compound annual growth rate (CAGR) of 8.4%. This growth rate is driven by the increasing demand for Linear Actuators in various industries, such as automotive and industrial automation. Linear actuator products are used to convert rotary motion into linear motion.

In positioning applications, linear actuators help convert energy into linear motion. Most linear actuators are mechanical or electromechanical components that allow precise positioning and movement. These actuators are often used in industrial machinery, computer peripherals, valves, and a variety of other applications requiring linear motion.

The push and pull movements are usually created by conventional linear actuators. The linear actuator market is expected to grow at a superior CAGR during the forecast period as most of the processes are automated across various industries.

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Linear Actuator Market: Drivers and Constraints

A major factor behind the growth of the linear actuator market is the increase in automation in the manufacturing industry. Industry goals such as achieving full factory automation and integrating the Industrial Internet of Things are some of the key reasons driving the growth in demand for linear actuators.

However, increasing industrialization, particularly in third world countries, is another factor that will drive the global market demand for linear actuators involving an increasing number of factories. Demand for telescopic actuators is expected to increase significantly as the number of studies performed increases. Additionally, the demand for linear actuators is expected to increase as companies move beyond legacy systems to achieve higher efficiencies and replace old actuators with new ones. In addition, as more and more industrial processes adopt self-control, the demand for market positioning of linear actuators is expected to continue to increase.

However, demand for linear actuators may decline later in the forecast period due to increasing employment issues in most countries related to increasing factory automation. Adoption of 3D printing in many industries is another factor limiting the demand for linear actuators as machine usage declines.

Linear Actuator Market: Market Segmentation 

Based on the mechanism of action
• Mechanic
• Hydraulics
• Tire
• Piezoelectric
• Electromechanical actuator

End-use industry base
• Car
• Medicine/medical
• Energy and Mining;
• Stahl
• Building
• Military
• Chemical
• Etc

Linear Actuators Market: Regional Outlook 

Geographically, the linear actuator market has been segmented into seven major regions, including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East and Africa. A significant portion of the demand for linear actuators comes from North America, and this region is expected to maintain its dominance over the forecast period.

Additionally, as US manufacturing increasingly moves away from China and other ASEAN countries, demand for linear actuators in these regions will continue to grow. Asia Pacific Exc. Japan is another major contributor to linear actuator demand in China's large-scale manufacturing sector.

Demand for linear actuators is expected to increase at a strong growth rate over the forecast period as India and Indonesia recover rapidly. Home to major automotive and research companies, Western Europe is another important region with high demand for linear actuators.

Demand for linear actuators is also expected to decline in Eastern Europe, particularly in the energy and defense sectors. Increasing industrialization in the Middle East and Africa and the already dominant oil and gas industry are major drivers of automation in the region. This increases the demand for linear actuators. Japan is another major industrial country driving the demand for linear actuators due to the high automation penetration in that industry and the growth of the semiconductor industry in the region.

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Linear Actuators Market: Key Players

Some of the players identified in the global linear actuator market include:

• Duff-Norton
• Helix Linear Technologies
• Altra Industrial Movement
• Tolomatic Co., Ltd.
• Fabco Air, Inc.
• Actuonix shifter
• Direct Tusk, Inc.
• Bishop-Wisecarver Corporation
• BEI Kimco Magnetics
• Burr Engineering and Development Company
• Deltron Precision Co., Ltd.
• Rollon India SA Limited.

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This release was published on openPR.