Analysts’ Viewpoint on Market Scenario
Expansion of the oil & gas, automotive, and power generation sectors is expected to propel the electric actuator market size during the forecast period. Electric actuators are widely employed in the power generation sector due to their ability to reduce downtime and provide precise control over various power generation systems.
Electric actuators can extend machine life, save time, reduce energy consumption, and enhance production capabilities. Vendors in the global electric actuator industry are allocating a major portion of their revenue to R&D activities to stay competitive in the market. They are also adopting various growth strategies, such as collaborations, partnerships, and M&As, to increase their electric actuator market share.
Electric actuator is a type of device that converts electrical energy into mechanical motion to control or move a mechanism or system. It plays an important role in a wide range of applications across various industries including manufacturing, automotive, aerospace, and robotics. Electric actuators have gained popularity due to their precision, controllability, and ability to be integrated into automated systems.
Electric actuators operate based on the principles of electromagnetism and the conversion of electrical energy into mechanical motion. The core components of an electric actuator typically include an electric motor, a gearbox, and a lead screw or ball screw mechanism. The electric motor is the primary source of motion in an electric actuator. It could be a DC motor, AC motor, stepper motor, or servo motor, depending on the application requirements. Linear, rotary, and hybrid are the three types of actuators.
Electric actuators offer excellent control and positioning capabilities, making them ideal for applications that require high precision and accuracy. They can be easily integrated into automated systems and controlled through various electronic interfaces. Electric actuators are especially beneficial for larger power plants that require efficient operation of valves and dampers. They are cost-effective and require less maintenance, making them an attractive option for use in power generation.
Electric actuators are increasingly used in power generation. They are employed in nuclear power plants to control the flow of steam, which, in turn, helps to maintain optimal levels of power output. Electric actuators provide precise control over the flow of water and steam in power plants. This helps to ensure that the power plant is running safely and efficiently. Actuators can be adjusted to maintain optimal levels of power output. Additionally, electric actuators are less expensive and more reliable than their hydraulic counterparts. Hence, surge in power generation is fueling the electric actuator market statistics.
The Central Electricity Authority (CEA) estimates India’s power requirement to grow to reach 817 GW by 2030. Moreover, electric power energy generation is projected to increase from 18% to 44% and thermal energy generation is expected to reduce from 78% to 52% by 2029-30. This is likely to require huge investments in the electric infrastructure, which involves the deployment of smart grids, renewable energy sources, and other technologies. Such investments are anticipated to spur the electric actuator market growth in the next few years.
Electric actuators require less maintenance than hydraulic actuators, which can lead to cost savings. They are also lighter and smaller, making them easier to move and install. Furthermore, they are often easier to control, allowing for more precise movements and adjustments. Electric actuators also have a longer life expectancy, meaning they can be used for a longer period of time before needing to be replaced. They can also be employed in more extreme conditions.
The oil & gas sector relies on precision and accuracy in electronic actuation to control the production process. Companies in the sector employ pipeline systems for most of their operations, from refining to distribution. Thus, it is critical to have reliable pipeline infrastructure and control systems. Electric actuators play a major role in pipeline safety. They are used to control the flow of oils and gases in pipelines. Electric actuators are also utilized to shut off the flow of oils and gases in the event of an emergency. This helps to ensure the safety of both the pipeline and the people living in the area. Hence, growth in the oil & gas sector is driving growth of the electric actuator industry.
Expansion in the global natural gas sector is also fueling demand for electric actuators. In the U.S., the sector makes up 8% of the country’s GDP. Presence of a favorable regulatory framework is propelling natural gas production in Europe. Moreover, the energy market in the region is becoming increasingly competitive, allowing more companies to enter the market. Additionally, technological advancements in electric actuators are enabling greater access to new sources of oils and gases. This, in turn, is boosting the electric actuator market revenue.
According to the latest electric actuator market forecast, Asia Pacific is anticipated to hold largest share from 2023 to 2031. Rise in investment in the power generation sector and increase in adoption of industrial automation are fueling market dynamics in the region.
Companies in oil & gas, power generation, food and beverage, automotive, and agriculture sectors are expanding their presence in Asia Pacific. China, Japan, and South Korea are witnessing rapid growth in the adoption of electric vehicles. These factors are augmenting market progress in the region.
The global industry is highly competitive and stagnant due to the presence of several global and regional electric actuator manufacturers. Investment in R&D activities is likely to offer emerging opportunities in the electric actuator market. Major electric actuator companies are capitalizing on growth in the trend toward electrification in various industries. They are also adopting various collaboration, partnership, and M&A strategies to broaden their customer base.
ABB, Actuonix Motion Devices Inc., Regal Rexnord, AUMA Riester Gmbh & Co. KG, Curtiss-Wright Corporation, Kollmorgen, Emerson Electric Co., General Electric, MecVel Srl, and Moog Inc. are key players in the electric actuator market.
Each of these players has been profiled in the electric actuator market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
| Attribute | Detail |
|---|---|
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Market Value in 2022 |
12.3 Bn |
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Market Forecast Value in 2031 |
20.9 Bn |
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Growth Rate (CAGR) |
6.1% |
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Forecast Period |
2023-2031 |
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Quantitative Units |
US$ Bn for Value and Thousand Units for Volume |
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Market Analysis |
Global qualitative analysis includes drivers, restraints, opportunities, key trends, upcoming key trends, Porter’s Five Forces analysis, value chain analysis, SWOT analysis, etc. Furthermore, at the regional level, qualitative analysis includes key trends, price trends, demographic overview, brand analysis, and consumer buying behavior analysis. |
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Competition Landscape |
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Format |
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Market Segmentation |
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Regions Covered |
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Companies Profiled |
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Customization Scope |
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Pricing |
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It was valued at 12.3 Bn in 2022
It is projected to grow at a CAGR of 6.1% from 2023 to 2031
Increase in power generation and expansion in oil & gas sector
Oil & gas was the largest end-use industry segment in 2022
Asia Pacific is expected to record the highest demand during the forecast period
ABB, Actuonix Motion Devices Inc., Regal Rexnord, AUMA Riester Gmbh & Co. KG, Curtiss-Wright Corporation, Kollmorgen, Emerson Electric Co., General Electric, MecVel Srl, and Moog Inc.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
5.3. Key Trends Analysis
5.3.1. Demand Side Analysis
5.3.2. Supply Side Analysis
5.4. Regulations & Guidelines
5.5. Key Market Indicators
5.5.1. Overall Actuator Market Industry Overview
5.6. Covid-19 Impact Analysis
5.7. Technological Overview
5.8. Porter’s Five Forces Analysis
5.9. Value Chain Analysis
5.10. Industry SWOT Analysis
5.11. Global Electric Actuator Market Analysis and Forecast, 2017 - 2031
5.11.1. Market Revenue Projection (US$ Bn)
5.11.2. Market Revenue Projection (Thousand Units)
6. Global Electric Actuator Market Analysis and Forecast, By Product Type
6.1. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
6.1.1. Rotary Actuator
6.1.2. Linear Actuator
6.1.3. Hybrid Actuator
6.2. Incremental Opportunity, By Product Type
7. Global Electric Actuator Market Analysis and Forecast, By End-use Industry
7.1. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
7.1.1. Oil & Gas
7.1.2. Agriculture
7.1.3. Food & Beverage
7.1.4. Aerospace & Defense
7.1.5. Automotive
7.1.6. Energy
7.1.7. Others
7.2. Incremental Opportunity, By End-use Industry
8. Global Electric Actuator Market Analysis and Forecast, By Distribution Channel
8.1. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
8.1.1. Direct Sales
8.1.2. Indirect Sales
8.2. Incremental Opportunity, By Distribution Channel
9. Global Electric Actuator Market Analysis and Forecast, By Region
9.1. Electric Actuator Market Size (US$ Bn and Thousand Units), By Region, 2017 - 2031
9.1.1. North America
9.1.2. Europe
9.1.3. Asia Pacific
9.1.4. Middle East & Africa
9.1.5. South America
9.2. Global Incremental Opportunity, by Region
10. North America Electric Actuator Market Analysis and Forecast
10.1. Regional Snapshot
10.2. Key Supplier Analysis
10.3. Key Trend Analysis
10.4. Price Trend Analysis
10.4.1. Weighted Average Price
10.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
10.5.1. Rotary Actuator
10.5.2. Linear Actuator
10.5.3. Hybrid Actuator
10.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
10.6.1. Oil & Gas
10.6.2. Agriculture
10.6.3. Food & Beverage
10.6.4. Aerospace & Defense
10.6.5. Automotive
10.6.6. Energy
10.6.7. Others
10.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
10.7.1. Direct Sales
10.7.2. Indirect Sales
10.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031
10.8.1. U.S.
10.8.2. Canada
10.8.3. Rest of North America
10.9. Incremental Opportunity Analysis
11. Europe Electric Actuator Market Analysis and Forecast
11.1. Regional Snapshot
11.2. Key Supplier Analysis
11.3. Key Trend Analysis
11.4. Price Trend Analysis
11.4.1. Weighted Average Price
11.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
11.5.1. Rotary Actuator
11.5.2. Linear Actuator
11.5.3. Hybrid Actuator
11.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
11.6.1. Oil & Gas
11.6.2. Agriculture
11.6.3. Food & Beverage
11.6.4. Aerospace & Defense
11.6.5. Automotive
11.6.6. Energy
11.6.7. Others
11.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
11.7.1. Direct Sales
11.7.2. Indirect Sales
11.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031
11.8.1. U.K.
11.8.2. Germany
11.8.3. France
11.8.4. Rest of Europe
11.9. Incremental Opportunity Analysis
12. Asia Pacific Electric Actuator Market Analysis and Forecast
12.1. Regional Snapshot
12.2. Key Supplier Analysis
12.3. Key Trend Analysis
12.4. Price Trend Analysis
12.4.1. Weighted Average Price
12.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
12.5.1. Rotary Actuator
12.5.2. Linear Actuator
12.5.3. Hybrid Actuator
12.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
12.6.1. Oil & Gas
12.6.2. Agriculture
12.6.3. Food & Beverage
12.6.4. Aerospace & Defense
12.6.5. Automotive
12.6.6. Energy
12.6.7. Others
12.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
12.7.1. Direct Sales
12.7.2. Indirect Sales
12.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031
12.8.1. India
12.8.2. China
12.8.3. Japan
12.8.4. Rest of Asia Pacific
12.9. Incremental Opportunity Analysis
13. Middle East & Africa Electric Actuator Market Analysis and Forecast
13.1. Regional Snapshot
13.2. Key Supplier Analysis
13.3. Key Trend Analysis
13.4. Price Trend Analysis
13.4.1. Weighted Average Price
13.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
13.5.1. Rotary Actuator
13.5.2. Linear Actuator
13.5.3. Hybrid Actuator
13.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
13.6.1. Oil & Gas
13.6.2. Agriculture
13.6.3. Food & Beverage
13.6.4. Aerospace & Defense
13.6.5. Automotive
13.6.6. Energy
13.6.7. Others
13.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
13.7.1. Direct Sales
13.7.2. Indirect Sales
13.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031
13.8.1. GCC
13.8.2. South Africa
13.8.3. Rest of Middle East & Africa
13.9. Incremental Opportunity Analysis
14. South America Electric Actuator Market Analysis and Forecast
14.1. Regional Snapshot
14.2. Key Supplier Analysis
14.3. Key Trend Analysis
14.4. Price Trend Analysis
14.4.1. Weighted Average Price
14.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031
14.5.1. Rotary Actuator
14.5.2. Linear Actuator
14.5.3. Hybrid Actuator
14.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
14.6.1. Oil & Gas
14.6.2. Agriculture
14.6.3. Food & Beverage
14.6.4. Aerospace & Defense
14.6.5. Automotive
14.6.6. Energy
14.6.7. Others
14.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
14.7.1. Direct Sales
14.7.2. Indirect Sales
14.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031
14.8.1. Brazil
14.8.2. Rest of South America
14.9. Incremental Opportunity Analysis
15. Competition Landscape
15.1. Market Player - Competition Dashboard
15.2. Market Share Analysis (%)-2022
15.3. Company Profiles (Details - Company Overview, Sales Area/Geographical Presence, Product Portfolio, Manufacturing Location, Revenue, Strategy & Business Process Overview)
15.3.1. ABB
15.3.1.1. Company Overview
15.3.1.2. Sales Area/Geographical Presence
15.3.1.3. Product Portfolio
15.3.1.4. Manufacturing Location
15.3.1.5. Revenue
15.3.1.6. Strategy & Business Process Overview
15.3.2. Actuonix Motion Devices Inc.
15.3.2.1. Company Overview
15.3.2.2. Sales Area/Geographical Presence
15.3.2.3. Product Portfolio
15.3.2.4. Manufacturing Location
15.3.2.5. Revenue
15.3.2.6. Strategy & Business Process Overview
15.3.3. Regal Rexnord
15.3.3.1. Company Overview
15.3.3.2. Sales Area/Geographical Presence
15.3.3.3. Product Portfolio
15.3.3.4. Manufacturing Location
15.3.3.5. Revenue
15.3.3.6. Strategy & Business Process Overview
15.3.4. AUMA Riester GmbH & Co. KG
15.3.4.1. Company Overview
15.3.4.2. Sales Area/Geographical Presence
15.3.4.3. Product Portfolio
15.3.4.4. Manufacturing Location
15.3.4.5. Revenue
15.3.4.6. Strategy & Business Process Overview
15.3.5. Curtiss-Wright Corporation
15.3.5.1. Company Overview
15.3.5.2. Sales Area/Geographical Presence
15.3.5.3. Product Portfolio
15.3.5.4. Manufacturing Location
15.3.5.5. Revenue
15.3.5.6. Strategy & Business Process Overview
15.3.6. Kollmorgen
15.3.6.1. Company Overview
15.3.6.2. Sales Area/Geographical Presence
15.3.6.3. Product Portfolio
15.3.6.4. Manufacturing Location
15.3.6.5. Revenue
15.3.6.6. Strategy & Business Process Overview
15.3.7. Emerson Electric Co.
15.3.7.1. Company Overview
15.3.7.2. Sales Area/Geographical Presence
15.3.7.3. Product Portfolio
15.3.7.4. Manufacturing Location
15.3.7.5. Revenue
15.3.7.6. Strategy & Business Process Overview
15.3.8. General Electric
15.3.8.1. Company Overview
15.3.8.2. Sales Area/Geographical Presence
15.3.8.3. Product Portfolio
15.3.8.4. Manufacturing Location
15.3.8.5. Revenue
15.3.8.6. Strategy & Business Process Overview
15.3.9. MecVel Srl
15.3.9.1. Company Overview
15.3.9.2. Sales Area/Geographical Presence
15.3.9.3. Product Portfolio
15.3.9.4. Manufacturing Location
15.3.9.5. Revenue
15.3.9.6. Strategy & Business Process Overview
15.3.10. Moog Inc.
15.3.10.1. Company Overview
15.3.10.2. Sales Area/Geographical Presence
15.3.10.3. Product Portfolio
15.3.10.4. Manufacturing Location
15.3.10.5. Revenue
15.3.10.6. Strategy & Business Process Overview
16. Key Takeaway
16.1. Identification of Potential Market Spaces
16.1.1. By Product Type
16.1.2. By End-use Industry
16.1.3. By Distribution Channel
16.1.4. By Region
16.2. Understanding Procurement Process of End-users
16.3. Prevailing Market Risks
List of Tables
Table 1: Global Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031
Table 2: Global Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031
Table 3: Global Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031
Table 4: Global Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031
Table 5: Global Electric Actuator Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 6: Global Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031
Table 7: Global Electric Actuator Market Value (US$ Bn), by Region, 2017-2031
Table 8: Global Electric Actuator Market Volume (Thousand Units), by Region 2017-2031
Table 9: North America Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031
Table 10: North America Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031
Table 11: North America Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031
Table 12: North America Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031
Table 13: North America Electric Actuator Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 14: North America Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031
Table 15: North America Electric Actuator Market Value (US$ Bn), by Country, 2017-2031
Table 16: North America Electric Actuator Market Volume (Thousand Units), by Country 2017-2031
Table 17: Europe Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031
Table 18: Europe Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031
Table 19: Europe Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031
Table 20: Europe Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031
Table 21: Europe Electric Actuator Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 22: Europe Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031
Table 23: Europe Electric Actuator Market Value (US$ Bn), by Country, 2017-2031
Table 24: Europe Electric Actuator Market Volume (Thousand Units), by Country 2017-2031
Table 25: Asia Pacific Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031
Table 26: Asia Pacific Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031
Table 27: Asia Pacific Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031
Table 28: Asia Pacific Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031
Table 29: Asia Pacific Electric Actuator Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 30: Asia Pacific Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031
Table 31: Asia Pacific Electric Actuator Market Value (US$ Bn), by Country, 2017-2031
Table 32: Asia Pacific Electric Actuator Market Volume (Thousand Units), by Country 2017-2031
Table 33: Middle East & Africa Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031
Table 34: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031
Table 35: Middle East & Africa Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031
Table 36: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031
Table 37: Middle East & Africa Electric Actuator Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 38: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031
Table 39: Middle East & Africa Electric Actuator Market Value (US$ Bn), by Country, 2017-2031
Table 40: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by Country 2017-2031
Table 41: South Africa Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031
Table 42: South Africa Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031
Table 43: South Africa Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031
Table 44: South Africa Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031
Table 45: South Africa Electric Actuator Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 46: South Africa Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031
Table 47: South Africa Electric Actuator Market Value (US$ Bn), by Country, 2017-2031
Table 48: South Africa Electric Actuator Market Volume (Thousand Units), by Country 2017-2031
List of Figures
Figure 1: Global Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031
Figure 2: Global Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031
Figure 3: Global Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 4: Global Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031
Figure 5: Global Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031
Figure 6: Global Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry 2023-2031
Figure 7: Global Electric Actuator Market Value (US$ Bn), by Distribution Channel 2017-2031
Figure 8: Global Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031
Figure 9: Global Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel 2023-2031
Figure 10: Global Electric Actuator Market Value (US$ Bn), by Region, 2017-2031
Figure 11: Global Electric Actuator Market Volume (Thousand Units), by Region 2017-2031
Figure 12: Global Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Region, 2023-2031
Figure 13: North America Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031
Figure 14: North America Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031
Figure 15: North America Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 16: North America Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031
Figure 17: North America Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031
Figure 18: North America Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry 2023-2031
Figure 19: North America Electric Actuator Market Value (US$ Bn), by Distribution Channel 2017-2031
Figure 20: North America Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031
Figure 21: North America Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel 2023-2031
Figure 22: North America Electric Actuator Market Value (US$ Bn), by Country, 2017-2031
Figure 23: North America Electric Actuator Market Volume (Thousand Units), by Country 2017-2031
Figure 24: North America Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Country, 2023-2031
Figure 25: Europe Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031
Figure 26: Europe Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031
Figure 27: Europe Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 28: Europe Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031
Figure 29: Europe Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031
Figure 30: Europe Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry 2023-2031
Figure 31: Europe Electric Actuator Market Value (US$ Bn), by Distribution Channel 2017-2031
Figure 32: Europe Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031
Figure 33: Europe Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel 2023-2031
Figure 34: Europe Electric Actuator Market Value (US$ Bn), by Country, 2017-2031
Figure 35: Europe Electric Actuator Market Volume (Thousand Units), by Country 2017-2031
Figure 36: Europe Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Country, 2023-2031
Figure 37: Asia Pacific Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031
Figure 38: Asia Pacific Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031
Figure 39: Asia Pacific Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 40: Asia Pacific Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031
Figure 41: Asia Pacific Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031
Figure 42: Asia Pacific Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry 2023-2031
Figure 43: Asia Pacific Electric Actuator Market Value (US$ Bn), by Distribution Channel 2017-2031
Figure 44: Asia Pacific Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031
Figure 45: Asia Pacific Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel 2023-2031
Figure 46: Asia Pacific Electric Actuator Market Value (US$ Bn), by Country, 2017-2031
Figure 47: Asia Pacific Electric Actuator Market Volume (Thousand Units), by Country 2017-2031
Figure 48: Asia Pacific Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Country, 2023-2031
Figure 49: Middle East & Africa Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031
Figure 50: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031
Figure 51: Middle East & Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 52: Middle East & Africa Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031
Figure 53: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031
Figure 54: Middle East & Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry 2023-2031
Figure 55: Middle East & Africa Electric Actuator Market Value (US$ Bn), by Distribution Channel 2017-2031
Figure 56: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031
Figure 57: Middle East & Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel 2023-2031
Figure 58: Middle East & Africa Electric Actuator Market Value (US$ Bn), by Country, 2017-2031
Figure 59: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by Country 2017-2031
Figure 60: Middle East & Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Country, 2023-2031
Figure 61: South Africa Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031
Figure 62: South Africa Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031
Figure 63: South Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 64: South Africa Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031
Figure 65: South Africa Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031
Figure 66: South Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry 2023-2031
Figure 67: South Africa Electric Actuator Market Value (US$ Bn), by Distribution Channel 2017-2031
Figure 68: South Africa Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031
Figure 69: South Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel 2023-2031
Figure 70: South Africa Electric Actuator Market Value (US$ Bn), by Country, 2017-2031
Figure 71: South Africa Electric Actuator Market Volume (Thousand Units), by Country 2017-2031
Figure 72: South Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Country, 2023-2031
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Electric Actuator Market
*86 figures and 60 tables includes