Linear actuators are used for converting the rotational motion of an electric motor into linear motion. A typical linear actuator generally produces pull and push action. These actuators provide high speed, high accuracy, and high reliability. Rising automation across the industries is the major driving factor for the growth of the linear actuators market. Moreover, a rising number of industrial processes adopt self-control and positioning which also pushing the demand for linear actuators market.
MARKET DYNAMICS
Linear actuators are used in various vehicle assembly processes including bending, pressing, elevation, stamping, conveying cutting, and lifting. Additionally, use in other applications such as opening and closing of vehicle doors, robotic dispensing, assembly pressing, robotic spot welding, and clamping and fixtures. This, factors are significantly triggering the demand for linear actuators market. Further, increasing demand for electric linear actuators from the automotive industry and growing automated production facilities among the manufacturing industries are also booming the growth of the linear actuators market. The growing demand for smart actuators will be one of the major trends in the linear actuators market.
MARKET SCOPE
The "Global Linear Actuators Market Analysis to 2028"? is a specialized and in-depth study of the linear actuators industry with a special focus on the global market trend analysis. The report aims to provide an overview linear actuators market with detailed market segmentation as of type, end-user, and geography. The global linear actuators market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading linear actuators market players and offers key trends and opportunities in the linear actuators market.
MARKET SEGMENTATION
The global linear actuators market is segmented on the basis of type, end-user. On the basis of type the market is segmented as electric, pneumatic, hydraulic, mechanical, others. On the basis of end-user the market is segmented as automotive, healthcare, aerospace and defense, chemical and petrochemical, energy and mining, construction, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Linear actuators market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The linear actuators market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting linear actuators market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the linear actuators market in these regions.
MARKET PLAYERS
The reports cover key developments in the linear actuators market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from linear actuators market are anticipated to lucrative growth opportunities in the future with the rising demand for linear actuators in the global market. Below mentioned is the list of few companies engaged in the linear actuators market.
The report also includes the profiles of key linear actuators companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Burr Engineering & Development
- Emerson Electric Co.
- Helix Linear Technologies Inc.
- Hiwin Corporation
- LINAK A/S
- Parker-Hannifin Corporation
- Rockwell Automation, Inc.
- SMC Corporation
- TiMOTION
- Tolomatic, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.