Global Linear Actuators Market Overview:
Linear Actuator is a motor that creates motion in a straight line. It is widely used in machine tools and industrial applications. Due to the increase of electric linear actuators, more and more industries have begun to use them to automate their applications. The manufacturing process of actuators follows strict guidelines, and they are extensively reviewed by the manufacturer’s product and manufacturing engineers. Some of the key players profiled in the study are Emerson Electric (United States), Flowserve (United States), LINAK (Denmark), Parker Hannifin (United States), Thomson (India), Rotork (United Kingdom), Auma (Germany), ABB (Switzerland), Metso (Finland) and Yokogawa Electric (Japan).
On the basis of geography, the market of Linear Actuators 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). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Linear Actuators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Demand for Electric Linear Actuators from the Automotive Industry
- Rise In Steadily Due To the Advent of Industry 4.0 and IoT
- Increasing Demand for Smart Actuators
- IoT Enabled Smart Linear Actuators
- Environmental Pressure Is a Major Restraint of This Market
- High Initial Cost of Implementation of Linear Actuators Can Hamper the Growth of the Market
- High Growth Opportunities for Major Players Due to Increase in Automation and Technological Advancement in Manufacturing Industry
Major Market Developments:
In Feb 2019, Firgelli Automations Announced To Launch A First-Ever Force Calculator For Linear Actuator Calculations. Through Online Calculator Tool Helps Customers Can Find Exactly Looking By Entering Their Parameters Into The Calculator.
In This Market Major Players Are Focusing On Adopting Organic And Inorganic Growth Strategies. Which Includes Merger & Acquisition, Product Expansion, And Global Reach Enhancement.
Manufacturers, Government Bodies, Automotive Industry and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Linear Actuators market on the basis of product [Mechanical, Hydraulic, Pneumatic, Piezoelectric and Electro-Mechanical Actuators] , application [Automotive, Medical/Healthcare, Energy and Mining, Steel, Construction, Military and Chemical], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Linear Actuators market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Linear Actuators industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Tefulong (China), Oriental Motor (United States) and BiBus (Switzerland).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Linear Actuators market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.