Global Actuators Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Actuation;

Electrical, Pneumatic, Hydraulic, and Others.

By Types;

Linear and Rotary.

By Application;

Industrial Automation, Robotics, and Vehicles & Equipment.

By Vertical;

Food & Beverages, Oil & Gas, Metals, Mining, & Machinery, Power Generation, Chemicals, Paper, & Plastics, Pharmaceutical & Healthcare, Automotive, Aerospace & Defense, Marine, Electronics & Electricals, Construction, Utilities, and Household & Entertainment.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn308930332 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Actuators Market (USD Million), 2021 - 2031

In the year 2024, the Global Actuators Market was valued at USD 69,547.33 million. The size of this market is expected to increase to USD 122,316.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.4%.

The world of automation relies heavily on actuators, serving as essential components in various industries. Actuators, in their diverse forms, play a pivotal role in converting energy into motion, enabling the operation of countless devices and systems. Their ubiquitous presence spans from simple household appliances to complex industrial machinery, showcasing their significance in modern technology.

Within the global market landscape, actuators represent a vital segment contributing to the advancement of automation across industries. Their versatile functionality addresses a wide array of needs, from precision control in aerospace to heavy-duty applications in manufacturing. As industries continue to embrace automation for enhanced efficiency and productivity, the demand for actuators is poised to escalate, driving innovation and market expansion.

The dynamic nature of the global actuators market is underscored by ongoing technological advancements and evolving consumer demands. Innovations in materials, design, and control mechanisms continually redefine the capabilities and performance standards of actuators. Moreover, the market's responsiveness to emerging trends such as IoT integration and sustainability underscores its adaptability to changing industry landscapes. As stakeholders navigate this dynamic terrain, strategic investments and collaborations are pivotal in harnessing the full potential of actuators within the global marketplace.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Actuation
    2. Market Snapshot, By Types
    3. Market Snapshot, By Application
    4. Market Snapshot, By Vertical
    5. Market Snapshot, By Region
  4. Global Actuators Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Industrial Automation Demand
        3. Growing Automotive Sector
      2. Restraints
        1. High Initial Investment
        2. Regulatory Compliance Challenges
        3. Supply Chain Disruptions
      3. Opportunities
        1. Expansion in Emerging Economies
        2. Integration of IoT and AI
        3. Renewable Energy Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Global Actuators Market, By Actuation, 2021 - 2031 (USD Million)
      1. Electrical
      2. Pneumatic
      3. Hydraulic
      4. Others
    2. Global Actuators Market, By Types, 2021 - 2031 (USD Million)
      1. Linear
      2. Rotary
    3. Global Actuators Market, By Application, 2021 - 2031 (USD Million)
      1. Industrial Automation
      2. Robotics and Vehicles
      3. Equipment
    4. Global Actuators Market, By Vertical, 2021 - 2031 (USD Million)
      1. Food & Beverages
      2. Oil & Gas
      3. Metals
      4. Mining & Machinery
      5. Power Generation
      6. Chemicals
      7. Paper and Plastics
      8. Pharmaceutical & Healthcare
      9. Automotive
      10. Aerospace & Defense
      11. Marine
      12. Electronics & Electricals
      13. Construction
      14. Utilities
      15. Household & Entertainment
    5. Global Actuators Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ABB
      2. Rockwell Automation
      3. Altra Industrial Motion
      4. Moog
      5. SMC
      6. Curtiss Wright
      7. MISUMI
  7. Analyst Views
  8. Future Outlook of the Market