An electric actuator is powered by a motor that converts electrical energy into mechanical torque for moving or controlling a mechanism or system. The electrical energy is used to actuate equipment such as multi-turn valves. It is one of the cleanest and most readily available forms of actuator because it does not involve oil.
Electric actuators are sub-branch of actuators which also include hydraulic fluid pressure actuators, or pneumatic pressure actuators, etc.
Scope of the Report:
This report focuses on the Electric Actuator in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The production of Electric Actuator was largest in China in 2011, which accounts for 24.57% of the market. The production of Europe is a bit smaller than Europe with 22.21% in 2015 while North America is the third largest with 23.53% in 2015. In terms of consumption, China is still the largest due to the fast economic growth, but China still needs to improve technology to meet the requirement of customers.
Upstream of electric actuator is plastics and wire, as well as the electric actuator workshop equipment and so on. With the demand development, electric actuator demand growth is bound to drive the growth of upstream raw materials and other relevant industries, and from this viewpoint, in the future cost and the price of electric actuator will fluctuate with the price of raw materials.
In short, electric actuator project still has potential in global market, but the current market was mainly occupied by the existing enterprises, under the premise of the future demand growth and technological processes, the new entrants into the electric actuator industry business should be able to occupy a certain market share. Therefore, new entrants must develop technical and master internal control, to seize the domestic and foreign markets in the future. This is the end of electric actuator report.
The worldwide market for Electric Actuator is expected to grow at a CAGR of roughly 1.2% over the next five years, will reach 3030 million US$ in 2023, from 2830 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Multi-turn Electric Actuator
Part-Turn Electric Actuator
Linear Electric Actuator
Market Segment by Applications, can be divided into
There are 15 Chapters to deeply display the global Electric Actuator market.
Chapter 1, to describe Electric Actuator Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Electric Actuator, with sales, revenue, and price of Electric Actuator, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Electric Actuator, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Electric Actuator market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Electric Actuator sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source