Global Actuators Market

Actuators Market size was valued at USD 58.18 billion in 2023 and is poised to grow from USD 68.25 billion in 2024 to USD 109.28 billion by 2032, growing at a CAGR of 7.1% during the forecast period (2025-2032).

The global actuators market is witnessing significant growth as companies strive to enhance precision, control, and safety across various systems. Actuators, essential devices that convert electrical energy into mechanical movement, are increasingly integrated into vehicles to meet soaring demands for advanced safety and comfort features. As vehicle manufacturers prioritize safety, the incorporation of high-performance actuators becomes imperative. Leading players, like Emerson, are innovating reliable pneumatic actuators tailored for extreme conditions, solidifying their market presence. Additionally, the manufacturing and medical sectors remain key consumers of actuators, fueling further advancements. The increasing pursuit for more powerful and faster actuators from both emerging and established firms is expected to drive market expansion, addressing the evolving demands in various applications.

Top-down and bottom-up approaches were used to estimate and validate the size of the Actuators market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Actuators Market Segments Analysis

Global Actuators Market is segmented by System, Type, Application, End-User and region. Based on System, the market is segmented into Electric, Pneumatic, Hydraulic, Mechanical and Others. Based on Type, the market is segmented into Rotary and Linear. Based on Application, the market is segmented into Industrial and Commercial. Based on End-User, the market is segmented into Energy and Mining, Construction, Chemical, Automotive, Healthcare, Steel, Military and Defense and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Actuators Market

The actuator market is experiencing significant growth due to the influence of vehicle safety regulations and standards imposed by government and regulatory bodies. These mandates require automakers to integrate advanced safety systems into their vehicles, which in turn stimulates the demand for actuators essential for the functionality of these systems. As manufacturers strive to comply with stringent safety guidelines, the need for reliable and efficient actuators increases, propelling the market on a global scale. This dynamic is not only enhancing vehicle safety but also driving innovation and development within the actuator industry, ultimately benefiting both consumers and manufacturers alike.

Restraints in the Actuators Market

Factors that impede the growth of the actuators market are crucial to understand, as they can be transformed into various strategies to capture the lucrative opportunities available in this ever-evolving industry. These restraints may include challenges such as high costs of production, technological limitations, and increasing competition, which can hinder market expansion. By identifying and analyzing these barriers, businesses can develop innovative solutions and adapt their strategies accordingly, enabling them to navigate the market more effectively. Ultimately, this approach allows companies to harness the potential for profit within the dynamic landscape of the actuators market.

Market Trends of the Actuators Market

The actuator market is witnessing a notable trend towards innovation and efficiency, exemplified by the launch of AUMA's PROFOX actuator series in May 2020. This high-performance series integrates advanced features such as built-in intelligence, leading to reduced operational costs and enhanced medical efficiency. Its compact design makes it versatile for diverse applications across industries, including combined heat and power plants, process industries, shipbuilding, and water treatment. As industries increasingly prioritize automation and operational efficiency, the demand for such technologically advanced actuators is expected to rise, highlighting a clear shift towards smarter, more sustainable industrial solutions.


1. Introduction
1.1. Objectives of the Study
1.2. Scope of the Report
1.3. Definitions
2. Research Methodology
2.1. Information Procurement
2.2. Secondary & Primary Data Methods
2.3. Market Size Estimation
2.4. Market Assumptions & Limitations
3. Executive Summary
3.1. Global Market Outlook
3.2. Supply & Demand Trend Analysis
3.3. Segmental Opportunity Analysis
4. Market Dynamics & Outlook
4.1. Market Overview
4.2. Market Size
4.3. Market Dynamics
4.3.1. Drivers & Opportunities
4.3.2. Restraints & Challenges
4.4. Porters Analysis
4.4.1. Competitive rivalry
4.4.2. Threat of substitute
4.4.3. Bargaining power of buyers
4.4.4. Threat of new entrants
4.4.5. Bargaining power of suppliers
5. Key Market Insights
5.1. Key Success Factors
5.2. Degree of Competition
5.3. Top Investment Pockets
5.4. Market Ecosystem
5.5. Market Attractiveness Index, 2024
5.6. PESTEL Analysis
5.7. Macro-Economic Indicators
5.8. Value Chain Analysis
5.9. Pricing Analysis
5.10. Case Studies
5.11. Regulatory Landscape
6. Global Actuators Market Size by System & CAGR (2025-2032)
6.1. Market Overview
6.2. Electric
6.3. Pneumatic
6.4. Hydraulic
6.5. Mechanical
6.6. Others
7. Global Actuators Market Size by Type & CAGR (2025-2032)
7.1. Market Overview
7.2. Rotary
7.3. Linear
8. Global Actuators Market Size by Application & CAGR (2025-2032)
8.1. Market Overview
8.2. Industrial
8.3. Commercial
9. Global Actuators Market Size by End-User & CAGR (2025-2032)
9.1. Market Overview
9.2. Energy and Mining
9.3. Construction
9.4. Chemical
9.5. Automotive
9.6. Healthcare
9.7. Steel
9.8. Military and Defense
9.9. Others
10. Global Actuators Market Size & CAGR (2025-2032)
10.1. North America (System, Type, Application, End-User)
10.1.1. US
10.1.2. Canada
10.2. Europe (System, Type, Application, End-User)
10.2.1. Germany
10.2.2. Spain
10.2.3. France
10.2.4. UK
10.2.5. Italy
10.2.6. Rest of Europe
10.3. Asia Pacific (System, Type, Application, End-User)
10.3.1. China
10.3.2. India
10.3.3. Japan
10.3.4. South Korea
10.3.5. Rest of Asia-Pacific
10.4. Latin America (System, Type, Application, End-User)
10.4.1. Brazil
10.4.2. Rest of Latin America
10.5. Middle East & Africa (System, Type, Application, End-User)
10.5.1. GCC Countries
10.5.2. South Africa
10.5.3. Rest of Middle East & Africa
11. Competitive Intelligence
11.1. Top 5 Player Comparison
11.2. Market Positioning of Key Players, 2024
11.3. Strategies Adopted by Key Market Players
11.4. Recent Developments in the Market
11.5. Company Market Share Analysis, 2024
11.6. Company Profiles of All Key Players
11.6.1. Company Details
11.6.2. Product Portfolio Analysis
11.6.3. Company's Segmental Share Analysis
11.6.4. Revenue Y-O-Y Comparison (2022-2024)
12. Key Company Profiles
12.1. Parker Hannifin Corporation (USA)
12.1.1. Company Overview
12.1.2. Business Segment Overview
12.1.3. Financial Updates
12.1.4. Key Developments
12.2. Emerson Electric Co. (USA)
12.2.1. Company Overview
12.2.2. Business Segment Overview
12.2.3. Financial Updates
12.2.4. Key Developments
12.3. ABB Ltd (Switzerland)
12.3.1. Company Overview
12.3.2. Business Segment Overview
12.3.3. Financial Updates
12.3.4. Key Developments
12.4. SMC Corporation (Japan)
12.4.1. Company Overview
12.4.2. Business Segment Overview
12.4.3. Financial Updates
12.4.4. Key Developments
12.5. Rockwell Automation, Inc. (USA)
12.5.1. Company Overview
12.5.2. Business Segment Overview
12.5.3. Financial Updates
12.5.4. Key Developments
12.6. Eaton Corporation Inc. (USA)
12.6.1. Company Overview
12.6.2. Business Segment Overview
12.6.3. Financial Updates
12.6.4. Key Developments
12.7. Festo AG & Co. KG (Germany)
12.7.1. Company Overview
12.7.2. Business Segment Overview
12.7.3. Financial Updates
12.7.4. Key Developments
12.8. Honeywell International Inc. (USA)
12.8.1. Company Overview
12.8.2. Business Segment Overview
12.8.3. Financial Updates
12.8.4. Key Developments
12.9. Flowserve Corporation (USA)
12.9.1. Company Overview
12.9.2. Business Segment Overview
12.9.3. Financial Updates
12.9.4. Key Developments
12.10. Mitsubishi Electric Corporation (Japan)
12.10.1. Company Overview
12.10.2. Business Segment Overview
12.10.3. Financial Updates
12.10.4. Key Developments
12.11. Rotork plc (UK)
12.11.1. Company Overview
12.11.2. Business Segment Overview
12.11.3. Financial Updates
12.11.4. Key Developments
12.12. Moog Inc. (USA)
12.12.1. Company Overview
12.12.2. Business Segment Overview
12.12.3. Financial Updates
12.12.4. Key Developments
12.13. Bosch Rexroth AG (Germany)
12.13.1. Company Overview
12.13.2. Business Segment Overview
12.13.3. Financial Updates
12.13.4. Key Developments
12.14. IMI plc (UK)
12.14.1. Company Overview
12.14.2. Business Segment Overview
12.14.3. Financial Updates
12.14.4. Key Developments
12.15. AUMA Riester GmbH & Co. KG (Germany)
12.15.1. Company Overview
12.15.2. Business Segment Overview
12.15.3. Financial Updates
12.15.4. Key Developments
12.16. Schneider Electric SE (France)
12.16.1. Company Overview
12.16.2. Business Segment Overview
12.16.3. Financial Updates
12.16.4. Key Developments
12.17. Johnson Controls International plc (Ireland)
12.17.1. Company Overview
12.17.2. Business Segment Overview
12.17.3. Financial Updates
12.17.4. Key Developments
12.18. Siemens AG (Germany)
12.18.1. Company Overview
12.18.2. Business Segment Overview
12.18.3. Financial Updates
12.18.4. Key Developments
12.19. Belimo Holding AG (Switzerland)
12.19.1. Company Overview
12.19.2. Business Segment Overview
12.19.3. Financial Updates
12.19.4. Key Developments
13. Conclusion & Recommendations

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