Press release
Key Linear Actuator Market Trend for 2025-2034: Advancements in Linear Actuator Technology
Key Linear Actuator Market Trend
The linear actuator market will grow from $41.25 billion in 2024 to $44.87 billion in 2025, at a CAGR of 8.8%. Growth is driven by the increased automation in manufacturing, advancements in robotics, miniaturization of devices, and rising demand for electric vehicles.
The linear actuator market will grow to $58.72 billion by 2029, supported by automotive industry applications, energy-efficient solutions, and advancements in robotics. Trends include miniaturization, IoT integration, and demand for electric vehicles.
What Is Stimulating Growth in the Linear Actuator Market?
The rising demand for electric vehicles is expected to boost the linear actuator market. Electric vehicles (EVs) are powered by electricity stored in rechargeable batteries, either partially or fully. Younger generations, being more environmentally conscious and receptive to new technologies, are driving the adoption of EVs. Linear actuators are used in electric vehicles for precise control of operations such as seat adjustments, window positions, and automatic doors, improving comfort and safety. For example, according to the International Energy Agency (IEA), a France-based intergovernmental organization, electric car sales in the first quarter of 2024 grew by approximately 25% compared to the same period in 2023. As a result, the increasing demand for electric vehicles is driving the linear actuator market's growth.
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Which Key Market Leaders Are Driving Linear Actuator Industry Growth?
Major companies operating in the linear actuator market report are Parker Hannifin Corporation, Emerson Electric Co., Rockwell Automation Inc., Bosch Rexroth AG, SMC Corporation, IAI America Inc., Flowserve Corporation, Tsubakimoto Europe B.V., Kollmorgen Corporation, LINAK A/S, TiMOTION Technology Co. Ltd., ElectroCraft, Rollon Corp., Exlar Automation, Progressive Automations Inc., Lin Engineering Inc., Tolomatic Inc., Fabco-Air Inc., PBC Linear, DUFF NORTON AUSTRALIA, Bishop-Wisecarver Corporation, Helix Linear Technologies, REGNER, Venture Manufacturing Co., Actuonix Motion Devices, Burr Engineering & Development Company, Del-Tron Precision Inc, Moticont, Tusk Direct Inc., ISOTECH INC.
What Are the Major Trends Shaping the Linear Actuator Market?
Leading companies in the linear actuator market are developing advanced products like the Motus1 (M1) industrial positioning actuator to meet the needs of customers in diverse industries. These actuators convert rotary motion to linear motion for precise positioning. For example, in May 2023, Motion Plus LLC, a US-based company, introduced the Motus1 (M1) actuator. The M1 is designed for various applications, including assembly lines, material handling, and packaging. With its stainless-steel strip sealing and optional seal kit, the actuator is IP54-compliant, ensuring reliable motion control for industrial tasks with superior alignment accuracy.
What Are the Main Segments in the Linear Actuator Market?
The linear actuator market covered in this report is segmented -
1) By Material: Aluminum, Steel, Zinc
2) By Operation Mechanism: Mechanical, Hydraulic, Pneumatic, Electro-Mechanical Actuators
3) By End-User: Construction, Aerospace And Defense, Industrial, Automotive, Other End-Users
Subsegments:
1) By Aluminum: Extruded Aluminum Linear Actuators, Aluminum Tube Actuators, Anodized Aluminum Linear Actuators, Aluminum Frame Actuators
2) By Steel: Stainless Steel Linear Actuators, Carbon Steel Linear Actuators, Galvanized Steel Actuators, Steel Frame Actuators
3) By Zinc: Zinc-Plated Linear Actuators, Zinc-Coated Actuators, Zinc Alloy Actuators, Zinc Die-Cast Actuators
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Which Geographic Area Leads the Linear Actuator Market?
North America was the largest region in the linear actuator market in 2024. The regions covered in the linear actuator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Linear Actuator Global Market Report?
- Market Size Analysis: Analyze the Linear Actuator Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Linear Actuator Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Linear Actuator Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Linear Actuator Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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