An actuator is a component of a machine that is responsible for moving and controlling a mechanism or system, for example by opening a valve. In simple terms, it is a "mover"
Industrial plants use actuators to operate valves, dampers, fluid couplings, and other devices used in industrial process control. The industrial actuator can use air, hydraulic fluid, or electricity for motive power. These are referred to as pneumatic, electro-hydraulic, or electric actuators.
The Industrial Actuators market was valued at 107.32 Billion US$ in 2018 and is projected to reach 138.16 Billion US$ by 2024, at a CAGR of 4.3% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2024 as the forecast period to estimate the market size for Industrial Actuators.
Global Industrial Actuators industry market professional research 2014-2024, is a report which provides the details about industry overview, industry chain, market size (sales, revenue, and growth rate), gross margin, major manufacturers, development trends and forecast.
Key players in global Industrial Actuators market include:
Emerson Electric
Flowserve
Cameron International
Pentair
GE
Velan
Valvitalia
Crane
KSB Group
Rotork
Kitz
CIRCOR International
IMI
Honeywell
Alfa Laval
Market segmentation, by product types:
Automatic Electric Actuators
Drive Electric Actuators
Market segmentation, by applications:
Oil & Gas
Chemical
Others
Market segmentation, by regions:
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia, Spain)
Asia Pacific (China, Japan, Korea, India, Australia, New Zealand)
Middle East & Africa (Middle East, Africa)
Latin America (Mexico, Brazil, C. America, Chile, Peru, Colombia)
The report can answer the following questions:
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Industrial Actuators industry.
2. Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Industrial Actuators industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Industrial Actuators industry.
4. Different types and applications of Industrial Actuators industry, market share of each type and application by revenue.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Industrial Actuators industry.
6. Upstream raw materials and manufacturing equipment, industry chain analysis of Industrial Actuators industry.
7. SWOT analysis of Industrial Actuators industry.
8. New Project Investment Feasibility Analysis of Industrial Actuators industry.
Summary:
Get latest Market Research Reports on Industrial Actuators. Industry analysis & Market Report on Industrial Actuators is a syndicated market report, published as Global Industrial Actuators Market Professional Survey 2019 by Manufacturers, Regions, Countries, Types and Applications, Forecast to 2024. It is complete Research Study and Industry Analysis of Industrial Actuators market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.