Electric Actuator Market Leading Companies, Future Strategies and Business Growth Projections 2025 to 2031

Market Summary -

The global market for Electric Actuator was estimated to be worth US$ 3033 million in 2024 and is forecast to a readjusted size of US$ 3694 million by 2031 with a CAGR of 2.9% during the forecast period 2025-2031.

Accourding to QY Research has released a new publication titled "Global Electric Actuator Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031." This comprehensive study provides an in-depth evaluation of the worldwide Electric Actuator industry, uncovering the major forces influencing market growth and delivering high-value insights for investors, industry leaders, and strategic decision-makers. The report examines critical elements such as market dynamics, evolving technologies, segmentation trends, regional developments, and the competitive landscape. With data backed by rigorous research and expert interpretation, it offers an authoritative guide to understanding the macroeconomic and microeconomic factors reshaping the global market.

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This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Electric Actuator cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

An electric actuator is a device that uses electrical energy to produce mechanical movement. It is typically used in systems that require precise control and automation. Electric actuators convert electrical energy (usually from motors or solenoids) into linear or rotary motion to perform tasks such as opening valves, adjusting position, or driving mechanical components in various applications.

Recent Developments -

The authors of the report have put forward recent developments by key participants. Other strategic activities by manufacturers such as M&A, joint ventures, collaborations, innovation, product offerings, and research and development activities are highlighted in this research study. This will keep the users up-to-date about the undertakings and give the users a crystal-clear understanding of the key advancements emerging in the business.

Key Growth Drivers -

The electric actuator market has been growing rapidly due to advancements in automation, energy efficiency, and demand for precision control in various industries. Electric actuators are increasingly being adopted across sectors such as manufacturing, automotive, aerospace, robotics, energy, and healthcare. As industries continue to move towards digitalization and automation, the need for electric actuators to facilitate these transformations is rising. Below is an overview of the electric actuator market, its key drivers, challenges, and trends. The growing trend of industrial automation and smart factories is one of the primary factors driving the electric actuator market. Electric actuators are integral components in automation systems, allowing for precise movement and control, often integrated with sensors, controllers, and other automation technologies. Electric actuators are more energy-efficient compared to pneumatic and hydraulic actuators, especially in systems where precise control is needed. As industries push for greater energy efficiency and sustainability, electric actuators become a preferred option. Continued innovations in materials, design, and controller systems have improved the performance and capabilities of electric actuators.

These include more compact designs, higher force capabilities, and the ability to handle harsher environments, broadening their use in a variety of applications. The integration of electric actuators into smart, connected systems (through IoT technologies) allows for real-time monitoring and remote control. This trend is especially prominent in industries like HVAC, automotive, and smart homes. The renewable energy sector, particularly wind and solar power, increasingly relies on electric actuators for turbine and panel positioning, energy storage systems, and grid integration. As renewable energy adoption grows, so does the demand for actuators in these applications. As urbanization increases, particularly in emerging economies, there is rising demand for automation in infrastructure projects, such as smart buildings, water treatment plants, and transportation systems, driving the use of electric actuators.

Market Segmentation and Regional -

By Type

Linear Electric Actuator
Multi-turn Electric Actuator
Quarter-turn Electric Actuator

By Application

Oil & Gas
General Industries
Power
Water

Regional Analysis -

✔ North America (U.S., Canada, China)
✔ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
✔ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
✔ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)

The analysis spans from 2024 (base year) to 2031 (forecast period).

Major Company Included: -

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

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Why should you purchase this report?

Purchasing this report provides you with a comprehensive and data-driven understanding of the market landscape, enabling informed business decisions and strategic planning. The report comes with free customization based on client requirements, including a country-level breakdown of any five countries of your choice and a competitive analysis of segment revenue by key market players. With detailed insights into market trends, growth drivers, challenges, competitive dynamics, and emerging opportunities, this report equips stakeholders, manufacturers, and investors with actionable intelligence to identify profitable prospects, optimize operations, and maintain a competitive edge in the industry.

How Can the Research Study Help your Business?

✔ The information presented in the Electric Actuator report helps your decision makers to become prudent and make the best business choices.
✔ The report enables you to see the future of the global Electric Actuator market and accordingly take decisions that will be in the best interest of your business.
✔ It offers you a forward-looking perspective of the global Electric Actuator market drivers and how you can secure significant market gains in the near future.
✔ It provides SWOT analysis of the global Electric Actuator market along with useful graphics and detailed statistics providing quick information about the market's overall progress throughout the forecast period.
✔ It also assesses the changing competitive dynamics of the global Electric Actuator market using pin-point evaluation.

Key Questions Answered in the Report -

✔ What is the size and estimated growth rate of the global and regional Electric Actuator market?
✔ Which countries are expected to display the strongest growth?
✔ Which region will dominate the market throughout the forecast period?
✔ What are the main factors driving or restraining market expansion?
✔ What technological advancements are shaping future demand?
✔ Where are the key opportunities for new entrants and established players?
✔ Which companies currently hold the highest market share?
✔ How will market dynamics evolve from 2025 to 2031?

Table of Contents - Major Key Points:

1 Market Overview
1.1 Electric Actuator Product Introduction
1.2 Global Electric Actuator Market Size Forecast
1.2.1 Global Electric Actuator Sales Value (2020-2031)
1.2.2 Global Electric Actuator Sales Volume (2020-2031)
1.2.3 Global Electric Actuator Sales Price (2020-2031)
1.3 Electric Actuator Market Trends & Drivers
1.3.1 Electric Actuator Industry Trends
1.3.2 Electric Actuator Market Drivers & Opportunity
1.3.3 Electric Actuator Market Challenges
1.3.4 Electric Actuator Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Electric Actuator Players Revenue Ranking (2024)
2.2 Global Electric Actuator Revenue by Company (2020-2025)
2.3 Global Electric Actuator Players Sales Volume Ranking (2024)
2.4 Global Electric Actuator Sales Volume by Company Players (2020-2025)
2.5 Global Electric Actuator Average Price by Company (2020-2025)
2.6 Key Manufacturers Electric Actuator Manufacturing Base and Headquarters
2.7 Key Manufacturers Electric Actuator Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Electric Actuator
2.9 Electric Actuator Market Competitive Analysis
2.9.1 Electric Actuator Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Electric Actuator Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Actuator as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Linear Electric Actuator
3.1.2 Multi-turn Electric Actuator
3.1.3 Quarter-turn Electric Actuator
3.2 Global Electric Actuator Sales Value by Type
3.2.1 Global Electric Actuator Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Electric Actuator Sales Value, by Type (2020-2031)
3.2.3 Global Electric Actuator Sales Value, by Type (%) (2020-2031)
3.3 Global Electric Actuator Sales Volume by Type
3.3.1 Global Electric Actuator Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Electric Actuator Sales Volume, by Type (2020-2031)
3.3.3 Global Electric Actuator Sales Volume, by Type (%) (2020-2031)
3.4 Global Electric Actuator Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Oil & Gas
4.1.2 General Industries
4.1.3 Power
4.1.4 Water
4.2 Global Electric Actuator Sales Value by Application
4.2.1 Global Electric Actuator Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Electric Actuator Sales Value, by Application (2020-2031)
4.2.3 Global Electric Actuator Sales Value, by Application (%) (2020-2031)
4.3 Global Electric Actuator Sales Volume by Application
4.3.1 Global Electric Actuator Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Electric Actuator Sales Volume, by Application (2020-2031)
4.3.3 Global Electric Actuator Sales Volume, by Application (%) (2020-2031)
4.4 Global Electric Actuator Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Electric Actuator Sales Value by Region
5.1.1 Global Electric Actuator Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Electric Actuator Sales Value by Region (2020-2025)
5.1.3 Global Electric Actuator Sales Value by Region (2026-2031)
5.1.4 Global Electric Actuator Sales Value by Region (%), (2020-2031)
5.2 Global Electric Actuator Sales Volume by Region
5.2.1 Global Electric Actuator Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Electric Actuator Sales Volume by Region (2020-2025)
5.2.3 Global Electric Actuator Sales Volume by Region (2026-2031)
5.2.4 Global Electric Actuator Sales Volume by Region (%), (2020-2031)
5.3 Global Electric Actuator Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Electric Actuator Sales Value, 2020-2031
5.4.2 North America Electric Actuator Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Electric Actuator Sales Value, 2020-2031
5.5.2 Europe Electric Actuator Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Electric Actuator Sales Value, 2020-2031
5.6.2 Asia Pacific Electric Actuator Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Electric Actuator Sales Value, 2020-2031
5.7.2 South America Electric Actuator Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Electric Actuator Sales Value, 2020-2031
5.8.2 Middle East & Africa Electric Actuator Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Electric Actuator Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Electric Actuator Sales Value and Sales Volume
6.2.1 Key Countries/Regions Electric Actuator Sales Value, 2020-2031
6.2.2 Key Countries/Regions Electric Actuator Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Electric Actuator Sales Value, 2020-2031
6.3.2 United States Electric Actuator Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Electric Actuator Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Electric Actuator Sales Value, 2020-2031
6.4.2 Europe Electric Actuator Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Electric Actuator Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Electric Actuator Sales Value, 2020-2031
6.5.2 China Electric Actuator Sales Value by Type (%), 2024 VS 2031
6.5.3 China Electric Actuator Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Electric Actuator Sales Value, 2020-2031
6.6.2 Japan Electric Actuator Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Electric Actuator Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Electric Actuator Sales Value, 2020-2031
6.7.2 South Korea Electric Actuator Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Electric Actuator Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Electric Actuator Sales Value, 2020-2031
6.8.2 Southeast Asia Electric Actuator Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Electric Actuator Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Electric Actuator Sales Value, 2020-2031
6.9.2 India Electric Actuator Sales Value by Type (%), 2024 VS 2031
6.9.3 India Electric Actuator Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Emerson
7.1.1 Emerson Company Information
7.1.2 Emerson Introduction and Business Overview
7.1.3 Emerson Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Emerson Electric Actuator Product Offerings
7.1.5 Emerson Recent Development
7.2 Rotork
7.2.1 Rotork Company Information
7.2.2 Rotork Introduction and Business Overview
7.2.3 Rotork Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Rotork Electric Actuator Product Offerings
7.2.5 Rotork Recent Development
7.3 Auma
7.3.1 Auma Company Information
7.3.2 Auma Introduction and Business Overview
7.3.3 Auma Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Auma Electric Actuator Product Offerings
7.3.5 Auma Recent Development
7.4 Flowserve
7.4.1 Flowserve Company Information
7.4.2 Flowserve Introduction and Business Overview
7.4.3 Flowserve Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Flowserve Electric Actuator Product Offerings
7.4.5 Flowserve Recent Development
7.5 ABB
7.5.1 ABB Company Information
7.5.2 ABB Introduction and Business Overview
7.5.3 ABB Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 ABB Electric Actuator Product Offerings
7.5.5 ABB Recent Development
7.6 Chuanyi Automation
7.6.1 Chuanyi Automation Company Information
7.6.2 Chuanyi Automation Introduction and Business Overview
7.6.3 Chuanyi Automation Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Chuanyi Automation Electric Actuator Product Offerings
7.6.5 Chuanyi Automation Recent Development
7.7 BERNARD
7.7.1 BERNARD Company Information
7.7.2 BERNARD Introduction and Business Overview
7.7.3 BERNARD Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 BERNARD Electric Actuator Product Offerings
7.7.5 BERNARD Recent Development
7.8 Valmet
7.8.1 Valmet Company Information
7.8.2 Valmet Introduction and Business Overview
7.8.3 Valmet Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Valmet Electric Actuator Product Offerings
7.8.5 Valmet Recent Development
7.9 Nihon Koso
7.9.1 Nihon Koso Company Information
7.9.2 Nihon Koso Introduction and Business Overview
7.9.3 Nihon Koso Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Nihon Koso Electric Actuator Product Offerings
7.9.5 Nihon Koso Recent Development
7.10 Changzhou Power Station Auxiliary Equipment
7.10.1 Changzhou Power Station Auxiliary Equipment Company Information
7.10.2 Changzhou Power Station Auxiliary Equipment Introduction and Business Overview
7.10.3 Changzhou Power Station Auxiliary Equipment Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Changzhou Power Station Auxiliary Equipment Electric Actuator Product Offerings
7.10.5 Changzhou Power Station Auxiliary Equipment Recent Development
7.11 Tefulong
7.11.1 Tefulong Company Information
7.11.2 Tefulong Introduction and Business Overview
7.11.3 Tefulong Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Tefulong Electric Actuator Product Offerings
7.11.5 Tefulong Recent Development
7.12 Hengchun
7.12.1 Hengchun Company Information
7.12.2 Hengchun Introduction and Business Overview
7.12.3 Hengchun Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Hengchun Electric Actuator Product Offerings
7.12.5 Hengchun Recent Development
7.13 HKC
7.13.1 HKC Company Information
7.13.2 HKC Introduction and Business Overview
7.13.3 HKC Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 HKC Electric Actuator Product Offerings
7.13.5 HKC Recent Development
7.14 SAIC
7.14.1 SAIC Company Information
7.14.2 SAIC Introduction and Business Overview
7.14.3 SAIC Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 SAIC Electric Actuator Product Offerings
7.14.5 SAIC Recent Development
7.15 Raga
7.15.1 Raga Company Information
7.15.2 Raga Introduction and Business Overview
7.15.3 Raga Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Raga Electric Actuator Product Offerings
7.15.5 Raga Recent Development
7.16 Soupaishi Automation Technology
7.16.1 Soupaishi Automation Technology Company Information
7.16.2 Soupaishi Automation Technology Introduction and Business Overview
7.16.3 Soupaishi Automation Technology Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Soupaishi Automation Technology Electric Actuator Product Offerings
7.16.5 Soupaishi Automation Technology Recent Development
7.17 Itork
7.17.1 Itork Company Information
7.17.2 Itork Introduction and Business Overview
7.17.3 Itork Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 Itork Electric Actuator Product Offerings
7.17.5 Itork Recent Development
7.18 Koei Industry
7.18.1 Koei Industry Company Information
7.18.2 Koei Industry Introduction and Business Overview
7.18.3 Koei Industry Electric Actuator Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Koei Industry Electric Actuator Product Offerings
7.18.5 Koei Industry Recent Development
8 Industry Chain Analysis
8.1 Electric Actuator Industrial Chain
8.2 Electric Actuator Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Electric Actuator Sales Model
8.5.2 Sales Channel
8.5.3 Electric Actuator Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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