Report overview
Electric Linear Actuators are electrically powered, mechanical devices consisting of motors, linear guides, and drive mechanisms, which are used to convert electrical energy into linear displacement through mechanical transmission, electro-magnetism, or thermal expansion to provide straight line push/pull motion. Key specifications include the intended application, drive type, motor type, the mounting configuration, as well as other physical dimensions and electrical characteristics. Electric linear actuators are used primarily in automation applications when a machine component, tool, etc. requires a controlled movement to a particular position. They are used in a wide range of industries where linear positioning is needed. The actuators are driven by several means including ball or lead screws, belts, or voice coils, among others. Typical applications include opening and closing dampers, locking doors, braking machine motions, etc.
This report aims to provide a comprehensive presentation of the global market for Electric Linear Actuators, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Linear Actuators. This report contains market size and forecasts of Electric Linear Actuators in global, including the following market information:
Global Electric Linear Actuators Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Electric Linear Actuators Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Electric Linear Actuators companies in 2022 (%)
The global Electric Linear Actuators market was valued at US$ 1070 million in 2022 and is projected to reach US$ 1465.3 million by 2029, at a CAGR of 4.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North America is the largest Electric Linear Actuators market with about 32% market share. Europe is follower, accounting for about 28% market share.
The key players are THK, IAI, Parker, TiMOTION, LINAK, ABB, SKF, Chiaphua Components, Moteck Electric, Honeywell, Auma etc. Top 3 companies occupied about 43% market share.
We surveyed the Electric Linear Actuators manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Linear Actuators Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Linear Actuators Market Segment Percentages, by Type, 2022 (%)
DC Electric Linear Actuators
AC Electric Linear Actuators
Global Electric Linear Actuators Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Linear Actuators Market Segment Percentages, by Application, 2022 (%)
Industrial
Medical
Commercial
Global Electric Linear Actuators Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Linear Actuators Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electric Linear Actuators revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electric Linear Actuators revenues share in global market, 2022 (%)
Key companies Electric Linear Actuators sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Electric Linear Actuators sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
THK
IAI
Parker
TiMOTION
LINAK
ABB
SKF
Chiaphua Components
Moteck Electric
Honeywell
Auma
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electric Linear Actuators, market overview.
Chapter 2: Global Electric Linear Actuators market size in revenue and volume.
Chapter 3: Detailed analysis of Electric Linear Actuators manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electric Linear Actuators in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Electric Linear Actuators capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
