Press release
Electric Actuators Research:CAGR of 3.1% during the forecast period
The global market for Electric Actuator was estimated to be worth US$ 2663 million in 2024 and is forecast to a readjusted size of US$ 3312 million by 2031 with a CAGR of 3.2% during the forecast period 2025-2031.
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https://www.qyresearch.com/reports/3473901/electric-actuator
Electric Actuators Market Summary
An electric actuator is a driving device that provides linear or rotational motion. It uses electrical power as the driving energy and operates under the influence of a control signal. Basic actuators are used to drive valves to fully open or fully close positions, while actuators for control valves can precisely position the valve to any desired position.
According to the new market research report "Global Electric Actuators Market Report 2025-2031", published by QYResearch, the global Electric Actuators market size is projected to reach USD 3.72 billion by 2031, at a CAGR of 3.1% during the forecast period.
Global Electric Actuators MarketSize(US$ Million), 2025 VS 2031
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Above data is based on report from QYResearch: Global Electric Actuators Market Report 2025-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.
Global Electric Actuators Top20 Players Rankingand Market Share (Ranking is based on the revenue of 2024, continually updated)
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Above data is based on report from QYResearch: Global Electric Actuators Market Report 2025-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of Electric Actuators include Rotork, Auma, Emerson, Flowserve, ABB, Chuanyi Automation, BERNARD, Changzhou Power Station Auxiliary Equipment, Seibu, Schiebel, etc. In 2024, the global top five players had a share approximately 50.0% in terms of revenue.
Electric Actuators,Global Market Size, Split by Product Segment
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Based on or includes research from QYResearch: Global Electric Actuators Market Report 2025-2031.
In terms of product type, currently Multi-turn Electric Actuator is the largest segment, hold a share of 55.0%.
In terms of product application, currently General Industries is the largest segment, hold a share of 33.3%.
Market Drivers:
As industries increasingly adopt automation technologies, the demand for electric actuators rises. These actuators are integral in systems requiring precise motion control, such as robotics, automated assembly lines, and material handling equipment. Industry 4.0 initiatives, which emphasize smart factories and the integration of IoT (Internet of Things) and AI (Artificial Intelligence), are also driving the need for electric actuators.
Restraint:
Electric actuators, particularly high-performance models, tend to have a higher upfront cost compared to alternative actuation technologies, such as pneumatic and hydraulic actuators. This can be a deterrent for small and medium-sized enterprises (SMEs) or industries with tight budgets. The integration of electric actuators with existing systems or retrofitting older machinery can involve additional costs for redesign and installation.
Opportunity:
The electric actuators market presents several opportunities for growth and expansion across various industries. These opportunities are driven by technological advancements, evolving industrial needs, and global trends toward automation and sustainability. As industries embrace the principles of Industry 4.0, there is an increasing demand for smart factories that utilize IoT, AI, and automation technologies. Electric actuators play a central role in these setups due to their precision, energy efficiency, and compatibility with digital control systems.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Electric Actuator market is segmented as below:
By Company
Emerson
Rotork
Auma
Flowserve
ABB
Chuanyi Automation
BERNARD
Valmet
Nihon Koso
Changzhou Power Station Auxiliary Equipment
Tefulong
Hengchun
HKC
SAIC
Raga
Soupaishi Automation Technology
Itork
Koei Industry
Segment by Type
Linear Electric Actuator
Multi-turn Electric Actuator
Quarter-turn Electric Actuator
Segment by Application
Oil & Gas
General Industries
Power
Water
Each chapter of the report provides detailed information for readers to further understand the Electric Actuator market:
Chapter 1: Introduces the report scope of the Electric Actuator report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Electric Actuator manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Electric Actuator market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Electric Actuator in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Electric Actuator in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Electric Actuator competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Electric Actuator comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Electric Actuator market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global Electric Actuator Market Research Report 2025
Global and China Electric Actuator Market Report & Forecast 2024-2030
Electric Actuator- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Electric Actuator Market Insights, Forecast to 2030
Global Electric Actuator Market Research Report 2024
Global Smart Electric Actuator Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Smart Electric Actuator- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Smart Electric Actuator Market Research Report 2025
Global Electric Actuator Valve Market Research Report 2025
Electric Actuator Valve- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Thermal Electric Actuator Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Thermal Electric Actuator- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Thermal Electric Actuator Market Research Report 2025
Global Aircraft Electric Actuator Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Aircraft Electric Actuator- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Aircraft Electric Actuator Market Research Report 2025
Global Rodless Electric Actuators Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Rodless Electric Actuators- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Rodless Electric Actuators Market Research Report 2025
Global Rod-Style Electric Actuators Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
About Us:
QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 18 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.
Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
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