Global Linear Actuator Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027
Price: 3600/- USD | Published Date: August 29, 2021 |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 Segment 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
Global Linear Actuators 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
Linear Actuators Market: 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.
Linear Actuators Market: 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.
List of 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
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions
2. Executive Summary
2.1. Global Linear Actuators Market Portraiture
2.2. Global Linear Actuators Market, by Operation Mechanism, 2020 (USD Mn)
2.3. Global Linear Actuators Market, by End-Use Industry, 2020 (USD Mn)
2.4. Global Linear Actuators Market, by Geography, 2020 (USD Mn)
3. Global Linear Actuators Market Analysis
3.1. Linear Actuators Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. COVID-19 Impact Analysis
4. Global Linear Actuators Market By Operation Mechanism, 2018 – 2027 (USD Mn)
4.1. Overview
4.2. Electrical
4.3. Hydraulic
4.4. Pneumatic
4.5. Mechanical
4.6. Others
5. Global Linear Actuators Market By End-Use Industry, 2018 – 2027 (USD Mn)
5.1. Overview
5.2. Automotive
5.3. Construction
5.4. Energy & Mining
5.5. Steel
5.6. Chemical
5.7. Military
5.8. Healthcare
5.9. Others
6. North America Linear Actuators Market Analysis and Forecast, 2018 – 2027 (USD Mn)
6.1.1. Overview
6.1.2. North America Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
6.1.3. North America Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
6.1.4. North America Linear Actuators Market by Country (2018-2027 USD Mn)
6.1.4.1. U.S.
6.1.4.1.1. U.S. Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
6.1.4.1.2. U.S. Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
6.1.4.2. Canada
6.1.4.2.1. Canada Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
6.1.4.2.2. Canada Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
7. Europe Linear Actuators Market Analysis and Forecast, 2018 – 2027 (USD Mn)
7.1.1. Overview
7.1.2. Europe Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
7.1.3. Europe Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
7.1.4. Europe Linear Actuators Market by Country (2018-2027 USD Mn)
7.1.4.1. Germany
7.1.4.1.1. Germany Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
7.1.4.1.2. Germany Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
7.1.4.2. U.K.
7.1.4.2.1. U.K. Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
7.1.4.2.2. U.K. Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
7.1.4.3. France
7.1.4.3.1. France Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
7.1.4.3.2. France Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
7.1.4.4. Italy
7.1.4.4.1. Italy Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
7.1.4.4.2. Italy Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
7.1.4.5. Rest of Europe
7.1.4.5.1. Rest of Europe Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
7.1.4.5.2. Rest of Europe Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
8. Asia Pacific Linear Actuators Market Analysis and Forecast, 2018 – 2027 (USD Mn)
8.1.1. Overview
8.1.2. Asia Pacific Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
8.1.3. Asia Pacific Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
8.1.4. Asia Pacific Linear Actuators Market by Country (2018-2027 USD Mn)
8.1.4.1. China
8.1.4.1.1. China Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
8.1.4.1.2. China Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
8.1.4.2. Japan
8.1.4.2.1. Japan Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
8.1.4.2.2. Japan Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
8.1.4.3. Rest of Asia Pacific
8.1.4.3.1. Rest of Asia Pacific Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
8.1.4.3.2. Rest of Asia Pacific Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
9. Latin America (LATAM) Linear Actuators Market Analysis and Forecast, 2018 – 2027 (USD Mn)
9.1.1. Overview
9.1.2. Latin America Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
9.1.3. Latin America Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
9.1.4. Latin America Linear Actuators Market by Country (2018-2027 USD Mn)
9.1.4.1. Brazil
9.1.4.1.1. Brazil Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
9.1.4.1.2. Brazil Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
9.1.4.2. Mexico
9.1.4.2.1. Mexico Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
9.1.4.2.2. Mexico Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
9.1.4.3. Rest of Latin America
9.1.4.3.1. Rest of Latin America Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
9.1.4.3.2. Rest of Latin America Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
10. Middle East and Africa Linear Actuators Market Analysis and Forecast, 2018 – 2027 (USD Mn)
10.1.1. Overview
10.1.2. MEA Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
10.1.3. MEA Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
10.1.4. Middle East and Africa Linear Actuators Market, by Country (2018-2027 USD Mn)
10.1.4.1. GCC
10.1.4.1.1. GCC Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
10.1.4.1.2. GCC Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
10.1.4.2. South Africa
10.1.4.2.1. South Africa Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
10.1.4.2.2. South Africa Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
10.1.4.3. Rest of MEA
10.1.4.3.1. Rest of MEA Linear Actuators Market by Operation Mechanism (2018-2027 USD Mn)
10.1.4.3.2. Rest of MEA Linear Actuators Market by End-Use Industry (2018-2027 USD Mn)
11. Company Profiles
11.1. Duff-Norton
11.1.1. Business Description
11.1.2. Financial Health and Budget Allocation
11.1.3. Product Positions/Portfolio
11.1.4. Recent Development
11.1.5. SWOT Analysis
11.2. Helix Linear Technologies, Inc.
11.2.1. Business Description
11.2.2. Financial Health and Budget Allocation
11.2.3. Product Positions/Portfolio
11.2.4. Recent Development
11.2.5. SWOT Analysis
11.3. Fabco-Air, Inc.
11.3.1. Business Description
11.3.2. Financial Health and Budget Allocation
11.3.3. Product Positions/Portfolio
11.3.4. Recent Development
11.3.5. SWOT Analysis
11.4. Altra Industrial Motion
11.4.1. Business Description
11.4.2. Financial Health and Budget Allocation
11.4.3. Product Positions/Portfolio
11.4.4. Recent Development
11.4.5. SWOT Analysis
11.5. Tolomatic, Inc.
11.5.1. Business Description
11.5.2. Financial Health and Budget Allocation
11.5.3. Product Positions/Portfolio
11.5.4. Recent Development
11.5.5. SWOT Analysis
11.6. Tusk Direct, Inc.
11.6.1. Business Description
11.6.2. Financial Health and Budget Allocation
11.6.3. Product Positions/Portfolio
11.6.4. Recent Development
11.6.5. SWOT Analysis
11.7. Actuonix Motion Devices
11.7.1. Business Description
11.7.2. Financial Health and Budget Allocation
11.7.3. Product Positions/Portfolio
11.7.4. Recent Development
11.7.5. SWOT Analysis
11.8. Bishop-Wisecarver Corporation
11.8.1. Business Description
11.8.2. Financial Health and Budget Allocation
11.8.3. Product Positions/Portfolio
11.8.4. Recent Development
11.8.5. SWOT Analysis
11.9. BEI Kimco Magnetics
11.9.1. Business Description
11.9.2. Financial Health and Budget Allocation
11.9.3. Product Positions/Portfolio
11.9.4. Recent Development
11.9.5. SWOT Analysis
11.10. Del-Tron Precision, Inc.
11.10.1. Business Description
11.10.2. Financial Health and Budget Allocation
11.10.3. Product Positions/Portfolio
11.10.4. Recent Development
11.10.5. SWOT Analysis
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