The improved economy will stimulate industrial activity, in turn, spurring demand for actuators. In particular, key markets like aerospace and machinery manufacturing will pick up in light of renewed conditions, resulting in moderate revenue growth. Because of the relatively weak dollar, industry exports continue to perform strongly. For example, China, Mexico and Brazil represent newly industrialized countries with booming industrial sectors that create substantial demand for related machinery. Therefore, growth will remain stable in the next five years.
This industry manufactures actuators and fluid-power cylinders. Actuators move or control a mechanism or system through pneumatic, hydraulic or electronic signals, while fluid-power cylinders exclusively use liquid pressure as a power source to achieve the desired movement.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.