Linear Actuator Market Size & Growth Analysis to 2030

The global linear actuators market size is anticipated to grow at a significant CAGR of over 6% during the forecast period from 2021 to 2027. The rapid growth in industrial automation especially in manufacturing across the globe is a primary factor to drive the market growth. The advent of industry 4.0 and the rising adoption of the Internet of Things (IoT) in industrial automation is anticipated to boost the market growth. Furthermore, the increasing industrialization especially in developing economies is expected to fuel the market growth over the forecast period. in addition, the increasing construction activities, adoption of smart homes, and growing mining and oil & gas industry are projected to propel the market over the forecast period.

Market Drivers:

Industrial automation: The increasing adoption of automation across various industries is a major driving factor for the linear actuator market. Linear actuators play a critical role in automating processes by providing precise and controlled linear motion. They are used in industrial machinery, robotics, manufacturing equipment, and other automated systems, driving the demand for linear actuators.

Growing demand for electric actuators: There is a shift from traditional hydraulic and pneumatic actuators to electric actuators due to their advantages such as energy efficiency, precise control, compact size, and ease of integration with automation systems. Electric linear actuators are widely used in applications such as automotive, aerospace, healthcare, and home automation, driving the growth of the market.

Increasing focus on renewable energy: The renewable energy sector, including wind and solar power, is witnessing significant growth globally. Linear actuators are used in solar tracking systems and wind turbine pitch control systems to optimize the performance and efficiency of renewable energy systems. The expansion of the renewable energy industry contributes to the demand for linear actuators.

Technological advancements: Continuous advancements in technology have led to the development of more advanced and efficient linear actuators. Manufacturers are introducing features such as improved precision, higher load capacities, increased speed, and enhanced control options. Technological advancements attract industries seeking to improve their processes and productivity, driving the market growth.

Healthcare and medical industry: The healthcare and medical industry is a significant driver for the linear actuator market. Linear actuators are used in medical devices such as hospital beds, patient lifts, dental chairs, and surgical equipment. The demand for advanced medical equipment and devices, driven by an aging population and increasing healthcare expenditure, contributes to the growth of the linear actuator market.

Automotive industry: The automotive industry is a major consumer of linear actuators. They are used in various automotive applications, including power windows, seat adjustment systems, trunk and hood opening mechanisms, and steering systems. The growth of the automotive industry, driven by increasing vehicle production and technological advancements, fuels the demand for linear actuators.

Construction and infrastructure development: The construction and infrastructure sectors utilize linear actuators in applications such as building automation, access control systems, ventilation systems, and architectural elements. The global focus on infrastructure development and smart building technologies drives the demand for linear actuators in these sectors.

Increasing adoption of robotics: The adoption of robotics in industries such as manufacturing, logistics, and healthcare is increasing rapidly. Linear actuators are a crucial component in robotic systems, enabling precise and controlled movement. The demand for linear actuators is driven by the growing robotics industry and the need for advanced robotic automation solutions.

Market Outlook:

Market Insights:

The global linear actuators market is bifurcated into operation mechanism, end-use industry, and geography. On the basis of operation mechanism, the market is further segmented into electrical, hydraulic, pneumatic, mechanical, and others. The electric segment dominated the global market in 2020 and expected to grow at the same trend over the forecast period. The segment is accounted to hold the largest revenue share of over one-third share of the market by 2027. On the other hand, the pneumatic segment is accounted to hold a significant market share of around one-fourth percent of the market by the end of the forecast period.

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The linear actuators comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The linear actuators market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

• 2018-19 – Historical Year
• 2020 – Base Year
• 2021-2027 – Forecast Period

Market Segmentation:

By Operation Mechanism:

• Electrical
• Hydraulic
• Pneumatic
• Mechanical
• Others

By End-Use Industry:

• Automotive
• Construction
• Energy & Mining
• Steel
• Chemical
• Military
• Healthcare
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage:

Geographically, North America dominated the global linear actuators market in 2020 and expected to maintain its dominance over the forecast period. More inclined towards shifting manufacturing from China and other ASEAN countries to the US is a prominent factor to drive the market growth in the region.  The Asia Pacific is accounted to grow at a fast growth rate due to the increasing automation of the manufacturing industry in the region. The presence of major market players and the availability of large manufacturers is expected to drive the growth of the market in the Asia Pacific region over the forecast period.

Competition Assessment:

Some of the prominent market players operating in the global linear actuators market are Duff-Norton, Helix Linear Technologies, Inc., Fabco-Air, Inc., Altra Industrial Motion, and Tolomatic, Inc. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• Duff-Norton
• Helix Linear Technologies, Inc.
• Fabco-Air, Inc.
• Altra Industrial Motion
• Tolomatic, Inc.
• Tusk Direct, Inc.
• Actuonix Motion Devices
• Bishop-Wisecarver Corporation
• BEI Kimco Magnetics
• Del-Tron Precision, Inc.

Key Questions Answered by Linear Actuators Market Report

• Global linear actuators market forecasts from 2021-2027
• Regional linear actuators market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
• Linear actuators submarket forecasts from 2021-2027 covering the market by operation mechanism, by end-use industry, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis pertaining to linear actuators market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level linear actuators markets from 2021-2027
• Competitive Landscape and market positioning of top 10 players operating in the linear actuators market