
Europe Actuator Market Research Report by Types (Electric Actuators, Hydraulic Actuators, Pneumatic Actuators, and Mechanical Actuators), by Actuator Motion (Linear Actuators and Rotary Actuators) by Control (Manual Control, Automatic Control, Remote Cont
Description
The need for actuators in the wind and solar sectors is being driven by a number of important growth factors, such as the high need for automation in manufacturing and logistics, the retrofitting of outdated industrial systems with contemporary actuators to increase efficiency, and the emphasis on green energy.
Large international corporations and smaller regional firms compete with one another to address the increasing need for automation and energy-efficient solutions in the European actuators industry. Siemens AG is the market leader with a 14.5% share, closely followed by Emerson Electric Co. at 8.9% and ABB Ltd. at 11.0%.
The market for actuators includes a broad variety of mechanical devices that transform energy into motion, usually employed to move or control systems across a number of sectors. In applications including automation, robotics, aerospace, automotive, and industrial machinery that demand precise motion control, actuators are essential parts. These devices produce linear, rotary, or oscillatory movements using a variety of power sources, such as electric, hydraulic, pneumatic, or mechanical systems. The market is primarily driven by the rising need for manufacturing automation, robotics improvements, and the growing popularity of electric vehicles. Furthermore, developments in actuator technologies—such smart actuators with built-in sensors and controls—are finding new uses in emerging sectors including building automation, healthcare, and renewable energy.
Segmentation of the Market
In 2023, electric actuators accounted for 53.64% of the total share by type. In contrast, Germany dominated the market in terms of country, holding a 16.72% share, and is anticipated to continue to do so for the duration of the projected period.
The market for actuators was divided into four product categories: mechanical, hydraulic, pneumatic, and electric actuators.
The market is divided into two segments by Actuator Motion: Linear Actuators and Rotary Actuators.
The market is divided into several segments based on control, including remote control, programmable control, automatic control, manual control, and other controls.
Industrial Automation, Automotive, Aerospace, Building & Construction, Energy & Utilities, Consumer Electronics, Healthcare, and Others are the market segments based on application.
Key Players
Siemens AG, ABB Ltd., Emerson Electric Co., Rotork Plc, Danfoss, Honeywell International, Festo AG & Co. KG, SMC Corporation, and Parker Hannifin are the major participants in the European actuator market.
Large international corporations and smaller regional firms compete with one another to address the increasing need for automation and energy-efficient solutions in the European actuators industry. Siemens AG is the market leader with a 14.5% share, closely followed by Emerson Electric Co. at 8.9% and ABB Ltd. at 11.0%.
The market for actuators includes a broad variety of mechanical devices that transform energy into motion, usually employed to move or control systems across a number of sectors. In applications including automation, robotics, aerospace, automotive, and industrial machinery that demand precise motion control, actuators are essential parts. These devices produce linear, rotary, or oscillatory movements using a variety of power sources, such as electric, hydraulic, pneumatic, or mechanical systems. The market is primarily driven by the rising need for manufacturing automation, robotics improvements, and the growing popularity of electric vehicles. Furthermore, developments in actuator technologies—such smart actuators with built-in sensors and controls—are finding new uses in emerging sectors including building automation, healthcare, and renewable energy.
Segmentation of the Market
In 2023, electric actuators accounted for 53.64% of the total share by type. In contrast, Germany dominated the market in terms of country, holding a 16.72% share, and is anticipated to continue to do so for the duration of the projected period.
The market for actuators was divided into four product categories: mechanical, hydraulic, pneumatic, and electric actuators.
The market is divided into two segments by Actuator Motion: Linear Actuators and Rotary Actuators.
The market is divided into several segments based on control, including remote control, programmable control, automatic control, manual control, and other controls.
Industrial Automation, Automotive, Aerospace, Building & Construction, Energy & Utilities, Consumer Electronics, Healthcare, and Others are the market segments based on application.
Key Players
Siemens AG, ABB Ltd., Emerson Electric Co., Rotork Plc, Danfoss, Honeywell International, Festo AG & Co. KG, SMC Corporation, and Parker Hannifin are the major participants in the European actuator market.
Table of Contents
186 Pages
- 1 Executive Summary
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Research Objective
- 2.4 Market Structure
- 3 Research Methodology
- 3.1 Overview
- 3.2 Data Flow
- 3.2.1 Data Mining Process
- 3.3 Purchased Database:
- 3.4 Secondary Sources:
- 3.4.1 Secondary Research Data Flow:
- 3.5 Primary Research:
- 3.5.1 Primary Research Data Flow:
- 3.5.2 Primary Research: Number Of Interviews Conducted
- 3.5.3 Primary Research: Regional Coverage
- 3.6 Approaches For Market Size Estimation:
- 3.6.1 Consumption & Net Trade Approach
- 3.6.2 Revenue Analysis Approach
- 3.7 Data Forecasting
- 3.7.1 Data Forecasting Technique
- 3.8 Data Modeling
- 3.8.1 Microeconomic Factor Analysis:
- 3.8.2 Data Modeling:
- 3.9 Teams And Analyst Contribution
- 4 Market Dynamics
- 4.1 Introduction
- 4.2 Drivers
- 4.2.1 High Demand For Automation In Manufacturing And Logistics
- 4.2.2 Smart Hvac, Security Systems, And Lighting Require Advanced Actuators
- 4.3 Restraints
- 4.3.1 Global Supply Chain Volatility Leading To Actuator Component Shortages.
- 4.4 Opportunity
- 4.4.1 Retrofitting Old Industrial Systems With Modern Actuators To Improve Efficiency
- 4.5 Impact Analysis Of Covid-19
- 4.5.1 Impact On Overall Industrial Automation & Equipment
- 4.5.2 Impact On Global Actuator Market
- 4.5.3 Impact On Supply Chain Of Actuator Market
- 4.5.4 Impact On Market Demand Of Actuator Market
- 4.5.5 Impact On Pricing Of Actuator Market
- 5 Market Factor Analysis
- 5.1 Supply Chain Analysis
- 5.1.1 Raw Material Suppliers
- 5.1.2 Electronic Component Suppliers
- 5.1.3 Actuator Manufacturers
- 5.1.4 Specialized Component Providers
- 5.2 Porter’s Five Forces Model
- 5.2.1 Bargaining Power Of Suppliers
- 5.2.2 Bargaining Power Of Buyers
- 5.2.3 Threat Of New Entrants
- 5.2.4 Threat Of Substitute Products
- 5.2.5 Industry Rivalry
- 5.3 Pricing Analysis, By Region
- 5.3.1 Belgium
- 5.3.2 Netherlands
- 5.3.3 Luxembourg
- 5.3.4 Germany
- 5.3.5 United Kingdom
- 5.3.6 France
- 5.3.7 Russia
- 5.3.8 Italy
- 5.3.9 Spain
- 5.3.10 Poland
- 5.3.11 Switzerland
- 5.3.12 Austria
- 5.3.13 Sweden
- 5.3.14 Norway
- 5.3.15 Rest Of Europe
- 6 Europe Actuators Market, By Product Type
- 6.1 Introduction
- 6.2 Electric Actuators
- 6.3 Hydraulic Actuators
- 6.4 Pneumatic Actuators
- 6.5 Mechanical Actuators
- 7 Europe Actuators Market, By Actuator Motion
- 7.1 Introduction
- 7.2 Linear Actuators
- 7.3 Rotary Actuators
- 8 Europe Actuators Market, By Control
- 8.1 Introduction
- 8.2 Manual Control
- 8.3 Automatic Control
- 8.4 Remote Control
- 8.5 Programmable Control Actuators
- 8.6 Other Controls
- 9 Europe Actuators Market, By Application
- 9.1 Introduction
- 9.2 Industrial Automation
- 9.3 Automotive
- 9.4 Aerospace
- 9.5 Building & Construction
- 9.6 Energy & Utilities
- 9.7 Consumer Electronics
- 9.8 Healthcare
- 9.9 Other Applications
- 10 Europe Actuators Market, By Country
- 10.1 Overview
- 10.2 Belgium
- 10.3 Netherlands
- 10.4 Luxembourg
- 10.5 Germany
- 10.6 Uk
- 10.7 France
- 10.8 Russia
- 10.9 Italy
- 10.10 Spain
- 10.11 Poland
- 10.12 Switzerland
- 10.13 Austria
- 10.14 Austria
- 10.15 Sweden
- 10.16 Norway
- 10.17 Rest Of Europe
- 11 Competitive Landscape
- 11.1 Introduction
- 11.2 Market Share Analysis, 2022-23
- 11.3 Competitor Dashboard
- 11.4 Comparative Analysis: Key Players Financial
- 12 Company Profiles
- 12.1 Allhydro Nv
- 12.1.1 Company Overview
- 12.1.2 Financial Overview
- 12.1.3 Product Offered
- 12.1.4 Key Developments
- 12.1.5 Swot Analysis
- 12.1.6 Key Strategy
- 12.2 Hydrauvision Nv
- 12.2.1 Company Overview
- 12.2.2 Financial Overview
- 12.2.3 Product Offered
- 12.2.4 Key Developments
- 12.2.5 Swot Analysis
- 12.2.6 Key Strategy
- 12.3 Hydrauliek Morreels N.V.
- 12.3.1 Company Overview
- 12.3.2 Financial Overview
- 12.3.3 Product Offered
- 12.3.4 Key Developments
- 12.3.5 Swot Analysis
- 12.3.6 Key Strategy
- 12.4 Hydac
- 12.4.1 Company Overview
- 12.4.2 Financial Overview
- 12.4.3 Product Offered
- 12.4.4 Key Developments
- 12.4.5 Swot Analysis
- 12.4.6 Key Strategy
- 12.5 A Van Tilburg Hydrauliek Bv
- 12.5.1 Company Overview
- 12.5.2 Financial Overview
- 12.5.3 Product Offered
- 12.5.4 Key Developments
- 12.5.5 Swot Analysis
- 12.5.6 Key Strategy
- 12.6 A4 Hydrauliek
- 12.6.1 Company Overview
- 12.6.2 Financial Overview
- 12.6.3 Product Offered
- 12.6.4 Key Developments
- 12.6.5 Swot Analysis
- 12.6.6 Key Strategy
- 12.7 Abs (Excl Wdh)
- 12.7.1 Company Overview
- 12.7.2 Financial Overview
- 12.7.3 Product Offered
- 12.7.4 Key Developments
- 12.7.5 Swot Analysis
- 12.7.6 Key Strategy
- 12.8 Asi Soest
- 12.8.1 Company Overview
- 12.8.2 Financial Overview
- 12.8.3 Product Offered
- 12.8.4 Key Developments
- 12.8.5 Swot Analysis
- 12.8.6 Key Strategy
- 12.9 Bouwman Hydraulics
- 12.9.1 Company Overview
- 12.9.2 Financial Overview
- 12.9.3 Product Offered
- 12.9.4 Key Developments
- 12.9.5 Swot Analysis
- 12.9.6 Key Strategy
- 12.10 Dt Hydraulics
- 12.10.1 Company Overview
- 12.10.2 Financial Overview
- 12.10.3 Product Offered
- 12.10.4 Key Developments
- 12.10.5 Swot Analysis
- 12.10.6 Key Strategy
- 12.11 Evergreen Cilinders
- 12.11.1 Company Overview
- 12.11.2 Financial Overview
- 12.11.3 Product Offered
- 12.11.4 Key Developments
- 12.11.5 Swot Analysis
- 12.11.6 Key Strategy
- 12.12 Hycom
- 12.12.1 Company Overview
- 12.12.2 Financial Overview
- 12.12.3 Product Offered
- 12.12.4 Key Developments
- 12.12.5 Swot Analysis
- 12.12.6 Key Strategy
- 12.13 Pmr Hydraulics
- 12.13.1 Company Overview
- 12.13.2 Financial Overview
- 12.13.3 Product Offered
- 12.13.4 Key Developments
- 12.13.5 Swot Analysis
- 12.13.6 Key Strategy
- 12.14 Total Hydraulics
- 12.14.1 Company Overview
- 12.14.2 Financial Overview
- 12.14.3 Product Offered
- 12.14.4 Key Developments
- 12.14.5 Swot Analysis
- 12.14.6 Key Strategy
- 12.15 Wdh
- 12.15.1 Company Overview
- 12.15.2 Financial Overview
- 12.15.3 Product Offered
- 12.15.4 Key Developments
- 12.15.5 Swot Analysis
- 12.15.6 Key Strategy
- 12.16 Eska Hydraulik Gmbh
- 12.16.1 Company Overview
- 12.16.2 Financial Overview
- 12.16.3 Product Offered
- 12.16.4 Key Developments
- 12.16.5 Swot Analysis
- 12.16.6 Key Strategy
- 12.17 Hunger
- 12.17.1 Company Overview
- 12.17.2 Financial Overview
- 12.17.3 Product Offered
- 12.17.4 Key Developments
- 12.17.5 Swot Analysis
- 12.17.6 Key Strategy
- 12.18 Hydrosaar
- 12.18.1 Company Overview
- 12.18.2 Financial Overview
- 12.18.3 Product Offered
- 12.18.4 Key Developments
- 12.18.5 Swot Analysis
- 12.18.6 Key Strategy
- 12.19 Hydraulic Montan
- 12.19.1 Company Overview
- 12.19.2 Financial Overview
- 12.19.3 Product Offered
- 12.19.4 Key Developments
- 12.19.5 Swot Analysis
- 12.19.6 Key Strategy
- 12.20 Eaton – Vickers
- 12.20.1 Company Overview
- 12.20.2 Financial Overview
- 12.20.3 Product Offered
- 12.20.4 Key Developments
- 12.20.5 Swot Analysis
- 12.20.6 Key Strategy
- 12.21 Danfoss
- 12.21.1 Company Overview
- 12.21.2 Financial Overview
- 12.21.3 Product Offered
- 12.21.4 Key Developments
- 12.21.5 Swot Analysis
- 12.21.6 Key Strategy
- 12.22 Data Citations
- List Of Tables
- Table 1 Qfd Modeling For Market Share Assessment
- Table 2 Average Pricing Range Of Actuators, By Region, 2023
- Table 3 Europe Actuators Market, By Product Type, 2018-2032 (Usd Million)
- Table 4 Europe Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 5 Europe Actuators Market, By Control, 2018-2032 (Usd Million)
- Table 6 Europe Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 7 Europe Actuators Market, By Region, 2018-2032 (Usd Million)
- Table 8 Belgium Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 9 Belgium Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 10 Belgium Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 11 Belgium Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 12 Netherlands Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 13 Netherlands Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 14 Netherlands Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 15 Netherlands Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 16 Luxembourg Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 17 Luxembourg Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 18 Luxembourg Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 19 Luxembourg Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 20 Germany Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 21 Germany Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 22 Germany Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 23 Germany Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 24 Uk Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 25 Uk Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 26 Uk Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 27 Uk Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 28 France Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 29 France Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 30 France Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 31 France Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 32 Russia Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 33 Russia Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 34 Russia Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 35 Russia Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 36 Italy Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 37 Italy Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 38 Italy Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 39 Italy Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 40 Spain Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 41 Spain Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 42 Spain Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 43 Spain Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 44 Poland Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 45 Poland Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 46 Poland Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 47 Poland Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 48 Switzerland Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 49 Switzerland Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 50 Switzerland Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 51 Switzerland Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 52 Austria Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 53 Austria Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 54 Austria Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 55 Austria Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 56 Austria Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 57 Austria Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 58 Austria Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 59 Austria Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 60 Sweden Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 61 Sweden Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 62 Sweden Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 63 Sweden Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 64 Norway Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 65 Norway Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 66 Norway Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 67 Norway Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 68 Rest Of Europe Actuators Market, By Type, 2018-2032 (Usd Million)
- Table 69 Rest Of Europe Actuators Market, By Actuator Motion, 2018-2032 (Usd Million)
- Table 70 Rest Of Europe Actuators Market, By Controls, 2018-2032 (Usd Million)
- Table 71 Rest Of Europe Actuators Market, By Application, 2018-2032 (Usd Million)
- Table 72 Comparative Analysis: Key Players Financial
- List Of Figures
- Figure 1 Europe Actuators Market: Structure
- Figure 2 Europe Actuators Market: Market Growth Factor Analysis (2024-2032)
- Figure 3 Supply Chain Analysis: Europe Actuators Market
- Figure 4 Porter’s Five Forces Model: Europe Actuators Market
- Figure 5 Europe Actuators Market, By Product Type, Segment Attractiveness Analysis
- Figure 6 Europe Actuators Market, By Product Type, 2023 (% Share)
- Figure 7 Europe Actuators Market, By Actuator Motion, Segment Attractiveness Analysis
- Figure 8 Europe Actuators Market, By Actuator Motion, 2023 (% Share)
- Figure 9 Europe Actuators Market, By Control, Segment Attractiveness Analysis
- Figure 10 Europe Actuators Market, By Control, 2023 (% Share)
- Figure 11 Europe Actuators Market, By Application, Segment Attractiveness Analysis
- Figure 12 Europe Actuators Market, By Application, 2023 (% Share)
- Figure 13 Europe Actuators Market, By Region, 2023 (% Share)
- Figure 14 Europe Actuators Market: Swot Analysis
- Figure 15 Europe Actuators Market Players: Competitive Analysis, 2022-23
- Figure 16 Competitor Dashboard: Europe Actuators Market
- Figure 17 Allhydro Nv: Swot Analysis
- Figure 18 Hydrauvision Nv: Swot Analysis
- Figure 19 Hydrauliek Morreels N.V.: Swot Analysis
- Figure 20 Hydac: Swot Analysis
- Figure 21 A Van Tilburg Hydrauliek Bv: Swot Analysis
- Figure 22 A4 Hydrauliek: Swot Analysis
- Figure 23 Abs (Excl Wdh): Swot Analysis
- Figure 24 Asi Soest: Swot Analysis
- Figure 25 Bouwman Hydraulics: Swot Analysis
- Figure 26 Dt Hydraulics: Swot Analysis
- Figure 27 Evergreen Cilinders: Swot Analysis
- Figure 28 Hycom: Swot Analysis
- Figure 29 Pmr Hydraulics: Swot Analysis
- Figure 30 Total Hydraulics: Swot Analysis
- Figure 31 Wdh: Swot Analysis
- Figure 32 Eska Hydraulik Gmbh: Swot Analysis
- Figure 33 Hunger: Swot Analysis
- Figure 34 Hydrosaar: Swot Analysis
- Figure 35 Hydraulic Montan: Swot Analysis
- Figure 36 Eaton – Vickers: Swot Analysis
- Figure 37 Danfoss: Financials
- Figure 38 Danfoss: Swot Analysis
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