Scope of the Study
Electrohydraulic actuator combines the power to weight ratio advantage of hydraulic technology with control of electric technology and the versatility and ease of installation. Electrohydraulic actuator are used in applications such as rotary torque arm actuators, coal mine diverter shuts, damper drives, and valve actuators and position controllers, these applications of the actuators are propelling the growth of the electrohydraulic actuator market in the forecast period.
The market study is being classified by Type (Control Electrohydraulic Actuator and Switch Electrohydraulic Actuator), by Application (Oil and Gas, Power, Industrial, Aerospace and Defense and Others) and major geographies with country level break-up.
United Technologies Corporation (United States), Parker-Hannifin Corporation (United States), Eaton Corporation Inc (Ireland), Emerson Electric Co. (United States), Honeywell International Inc. (United States), Rockwell Collins (United States), Moog Inc (United States), The Kerry Company Inc. (United States), HKS Dreh-Antriebe GmbH (Germany) and Reineke Meß- und Regeltechnik GmbH (Germany) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are SAMSON Controls Inc. (United States), PHOENIX MECANO (India), Rotork (United Kingdom) and KSB SE & Co. KGaA (Germany).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Electrohydraulic Actuator market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Electrohydraulic Actuator market by Type, Application and Region.
On the basis of geography, the market of Electrohydraulic Actuator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Interests for Replacing Traditional Hydraulic Actuation Systems in Various Industry
- Rising Demand for Electrohydraulic Actuator due to Superior Energy Efficiency
- Increasing use of Electrohydraulic Actuator for Robust Robotics Systems
- Fluctuating Price of the Raw Materials
- Rising Investment in Research and Development by the Various Manufacturers
- Presence of the Alternative Product
Market Leaders and their expansionary development strategies
On 20th November 2019, Moog Inc. has announced that the company has been awarded contracts for the Primary Flight Control Actuation System, also known as the Electro-Hydrostatic Actuation System; the Leading Edge Flap Drive System; and the Wingfold Actuation System from Lockheed Martin on the F-35 Lightning II 5th Generation fighter.
Key Target AudienceElectrohydraulic Actuator Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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