Electric Linear Actuators are electrically powered, mechanical devices consisting of motors, linear guides, and drive mechanisms, which are used to convert electrical energy into linear displacement through mechanical transmission, electro-magnetism, or thermal expansion to provide straight line push/pull motion. Key specifications include the intended application, drive type, motor type, the mounting configuration, as well as other physical dimensions and electrical characteristics. Electric linear actuators are used primarily in automation applications when a machine component, tool, etc. requires a controlled movement to a particular position. They are used in a wide range of industries where linear positioning is needed. The actuators are driven by several means including ball or lead screws, belts, or voice coils, among others. Typical applications include opening and closing dampers, locking doors, braking machine motions, etc.
The Major sales regions of Electric Linear Actuators are China, India, Southeast Asia which accounted for about 80.43% of production market share in 2018. China is the largest consumption region with a market share of 46.79% in 2018.Electric Linear Actuators manufacturers range from large multinational corporations to small privately owned companies in this industry. The leading players are THK, IAI, Parker, TiMOTION, LINAK, accounting for 43.05 percent revenue market share in 2018.
Market Analysis and Insights: Global Electric Linear Actuators Market
The global Electric Linear Actuators market is valued at US$ 1065.6 million in 2019. The market size will reach US$ 1484.9 million by the end of 2026, growing at a CAGR of 4.8% during 2021-2026.
Global Electric Linear Actuators Scope and Segment
Electric Linear Actuators market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Electric Linear Actuators market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
DC Electric Linear Actuators
AC Electric Linear Actuators
Segment by Application
Industrial
Medical
Commercial
In Electric Linear Actuators market, Industrial segment holds an important share in terms of application, and it is expected to reach a volume of 5806 (K Units) by 2025, at a CAGR of 5.39% during 2018 and 2025. It means that Electric Linear Actuators will be promising in the Industrial field in the next couple of years.
By Company
THK
IAI
Parker
TiMOTION
LINAK
ABB
SKF
Chiaphua Components
Moteck Electric
Honeywell
Auma
Other
Production by Region
China
Japan
South Korea
India
Southeast Asia
North America
Europe
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Summary:
Get latest Market Research Reports on Electric Linear Actuators . Industry analysis & Market Report on Electric Linear Actuators is a syndicated market report, published as Global Electric Linear Actuators Market Insights and Forecast to 2027. It is complete Research Study and Industry Analysis of Electric Linear Actuators market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.