Market Overview:
Electric linear actuators are devices that convert electrical energy into linear motion. They find a wide range of applications in various industries such as industrial, medical and commercial. The global electric linear actuators market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. Some of the key factors driving the growth of this market include increasing demand for electric linear actuators in medical applications and rising demand for miniaturized electric linear actuators. However, high cost associated with electric linear actuators may restrain the growth of this market to some extent during the forecast period. The global electric Linear Actuator market can be segmented on the basis type, application and region. On the basis type, it can be divided into DC Electric Linear Actuator and AC Electric Linear Actuator segments respectively .On application wise it is classified as Industrial , Medical Commercial segments .
Product Definition:
electric linear actuators are devices that convert electrical energy into linear motion. they are used in a variety of applications, including medical equipment, manufacturing machinery, and construction equipment. electric linear actuators are important because they provide a reliable and efficient way to convert electrical energy into motion.
DC Electric Linear Actuators:
DC electric linear actuators are used in various industries such as food & beverage, pharmaceuticals, chemicals and oil & gas. The growth factor for this market is the need to control speed and position of machinery with high accuracy while maintaining low power requirements. Linear actuators are used in applications such as bulk sampling, rotary drilling rigs, packaging machines and transfer pumps where smooth operation is required at high speed with minimum noise output.
AC Electric Linear Actuators:
Electric linear actuators are used to create motion in various equipment such as machine tools, printing press, assembly lines and packaging machines. They are widely used in industries such as automotive & transportation, food & beverage processing and pharmaceuticals.
The electric linear actuators market is expected to witness significant growth over the forecast period owing to its increasing demand across various industrial verticals including automotive & transportation, food processing and pharmaceuticals among others.
Application Insights:
The industrial application segment accounted for the largest share of over 50.0% in 2017 and is projected to witness significant growth over the forecast period. The segment is driven by increasing demand for electric actuators in industrial applications, such as robotics, heavy machinery, CNC machines and assembly lines. Moreover, technological advancements coupled with growing demand from end-use industries are expected to drive the market growth during the study period.
Medical application was one of the fastest-growing segments owing to increasing adoption of linear actuators in medical devices and equipment across various applications including surgical robots arms & hands systems voice recognition software keyboards etc., These actuators have a wide range of uses including position sensing; force/torque amplification; actuation speed control; position sensing feedback control system etc., Increasing product adoption due to its benefits such as small size light weight high precision long life durability low power consumption has boosted industry growth significantly over recent years.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017, owing to the presence of a large number of electric linear actuators manufacturers and OEMs in the region. The U.S., being one of the most industrialized countries across the globe, is also home to several OEMs that offer their products through distributors and dealers across North America.
Asia Pacific is anticipated to be one of fastest-growing regions with a CAGR exceeding 6% from 2018 to 2030 owing its increasing adoption by end-use industries such as industrial manufacturing and medical devices among others for production activities including assembly lines, material handling equipment etc.).
Growth Factors:
- Increasing demand for electric linear actuators in the automotive industry for power steering and suspension systems.
- Growing demand from the medical equipment industry for electric linear actuators in applications such as hospital beds, wheelchairs, and patient lifts.
- Rising popularity of electric linear actuators in renewable energy applications such as wind turbines and solar panels.
- Increased use of electric linear actuators in manufacturing and industrial automation processes.
- Growing demand from the aerospace industry for electric linear actuators in aircraft landing gear systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Linear Actuators Market Research Report
By Type
DC Electric Linear Actuators, AC Electric Linear Actuators
By Application
Industrial, Medical, Commercial
By Companies
THK, IAI, Parker, TiMOTION, LINAK, ABB, SKF, Chiaphua Components, Moteck Electric, Honeywell, Auma, Other
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Electric Linear Actuators Market Report Segments:
The global Electric Linear Actuators market is segmented on the basis of:
Types
DC Electric Linear Actuators, AC Electric Linear Actuators
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Medical, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- THK
- IAI
- Parker
- TiMOTION
- LINAK
- ABB
- SKF
- Chiaphua Components
- Moteck Electric
- Honeywell
- Auma
- Other
Highlights of The Electric Linear Actuators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- DC Electric Linear Actuators
- AC Electric Linear Actuators
- By Application:
- Industrial
- Medical
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Linear Actuators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric linear actuators are a type of electric motor that use an electric current to move the arm or other component. They are often used in robotics and industrial applications, where precise movement is required.
Some of the major companies in the electric linear actuators market are THK, IAI, Parker, TiMOTION, LINAK, ABB, SKF, Chiaphua Components, Moteck Electric, Honeywell, Auma, Other.
The electric linear actuators market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Linear Actuators Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Linear Actuators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Linear Actuators Market - Supply Chain
4.5. Global Electric Linear Actuators Market Forecast
4.5.1. Electric Linear Actuators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Linear Actuators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Linear Actuators Market Absolute $ Opportunity
5. Global Electric Linear Actuators Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Linear Actuators Market Size and Volume Forecast by Type
5.3.1. DC Electric Linear Actuators
5.3.2. AC Electric Linear Actuators
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Linear Actuators Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Linear Actuators Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Medical
6.3.3. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Linear Actuators Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Linear Actuators Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Linear Actuators Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Linear Actuators Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Linear Actuators Demand Share Forecast, 2019-2026
9. North America Electric Linear Actuators Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Linear Actuators Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Linear Actuators Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Medical
9.4.3. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Linear Actuators Market Size and Volume Forecast by Type
9.7.1. DC Electric Linear Actuators
9.7.2. AC Electric Linear Actuators
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Linear Actuators Demand Share Forecast, 2019-2026
10. Latin America Electric Linear Actuators Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Linear Actuators Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Linear Actuators Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Medical
10.4.3. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Linear Actuators Market Size and Volume Forecast by Type
10.7.1. DC Electric Linear Actuators
10.7.2. AC Electric Linear Actuators
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Linear Actuators Demand Share Forecast, 2019-2026
11. Europe Electric Linear Actuators Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Linear Actuators Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Linear Actuators Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Medical
11.4.3. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Linear Actuators Market Size and Volume Forecast by Type
11.7.1. DC Electric Linear Actuators
11.7.2. AC Electric Linear Actuators
11.8. BasisPoint Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Linear Actuators Demand Share, 2019-2026
12. Asia Pacific Electric Linear Actuators Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Linear Actuators Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Linear Actuators Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Medical
12.4.3. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Linear Actuators Market Size and Volume Forecast by Type
12.7.1. DC Electric Linear Actuators
12.7.2. AC Electric Linear Actuators
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Linear Actuators Demand Share, 2019-2026
13. Middle East & Africa Electric Linear Actuators Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Linear Actuators Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Linear Actuators Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Medical
13.4.3. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Linear Actuators Market Size and Volume Forecast by Type
13.7.1. DC Electric Linear Actuators
13.7.2. AC Electric Linear Actuators
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Linear Actuators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Linear Actuators Market: Market Share Analysis
14.2. Electric Linear Actuators Distributors and Customers
14.3. Electric Linear Actuators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. THK
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. IAI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Parker
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TiMOTION
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LINAK
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ABB
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SKF
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Chiaphua Components
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Moteck Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Honeywell
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Auma
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Other
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
