Worldwide Electric Actuators Industry to 2024 - The Market is Driven by the Growing Demand for Commercial and Defense Aircraft
Dublin, Nov. 03, 2020 (GLOBE NEWSWIRE) -- The "Global Electric Actuators Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The electric actuators market is poised to grow by USD 843.86 million during 2020-2024 progressing at a CAGR of 6% during the forecast period. The report on electric actuators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for commercial and defense aircraft, increasing use of electric actuator in industrial robots and automation and growing demand for smart actuators.
The electric actuators market analysis includes end-user segment, type segment and geographical landscapes. This study identifies the increased benefits of electric actuator over hydraulic or pneumatic actuator as one of the prime reasons driving the electric actuators market growth during the next few years. Also, growing use of electric actuator in smart homes and increasing demand from renewable energy sources will lead to sizable demand in the market.
The report covers the following areas:
Electric actuators market sizing
Electric actuators market forecast
Electric actuators market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric actuators market vendors that include ABB Ltd., Emerson Electric Co., General Electric Co., LINAK AS, Moog Inc., Parker Hannifin Corp., Rotork Plc, Siemens AG, SMC Corp., and Toshiba Corp. Also, the electric actuators market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The publisher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Key Topics Covered:
1. Executive Summary
Market Overview
2. Market Landscape
Market ecosystem
Market characteristics
Value chain analysis
3. Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
4. Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
5. Market Segmentation by End-user
Market segments
Comparison by End user
Automotive industry - Market size and forecast 2019-2024
Water and wastewater industry - Market size and forecast 2019-2024
Marine industry - Market size and forecast 2019-2024
Aerospace and defense industry - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by End user
6. Market Segmentation by Type
Market segments
Comparison by Type
Linear actuators - Market size and forecast 2019-2024
Rotary actuators - Market size and forecast 2019-2024
Market opportunity by Type
7. Customer landscape
Customer landscape
8. Geographic Landscape
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
9. Vendor Landscape
Vendor landscape
Landscape disruption
10. Vendor Analysis
Vendors covered
Market positioning of vendors
ABB Ltd.
Emerson Electric Co.
General Electric Co.
LINAK AS
Moog Inc.
Parker Hannifin Corp.
Rotork Plc
Siemens AG
SMC Corp.
Toshiba Corp.
11. Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
For more information about this report visit https://www.researchandmarkets.com/r/hcu9gv
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