The new report by Expert Market Research titled, ‘Global Actuators Market Share, Size, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2023-2028’, gives an in-depth analysis of the Global Actuators Market, assessing the market based on its segments like actuation, type, application, and region.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 56.18 billion
- Forecast CAGR (2023-2028): 7.40%
- Forecast Market Size (2028): USD 86.3 billion
The healthcare industry is developing and manufacturing new machines that require actuators. They are utilised in medical devices like as wheelchairs, patient lifts, treatment chairs, dental chairs, medical beds, and CT, MRI, and PT scanning equipment.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/actuators-market/requestsample
The expansion of healthcare facilities and the rise in the senior population are driving the worldwide healthcare actuators market. In countries such as the United States, India, and China, the number of hospitals is growing.
Actuators Industry Definition and Major Segments
An actuator is a machine component that provides mobility and control over a mechanism or system. Consider the opening of a valve. It necessitates an energy supply as well as a control signal.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/actuators-market
Based on their actuation, they can be categorised as:
On the basis of types, the market is segmented into:
- Linear Actuators
- Rod Type Linear Actuators
- Screw Type Linear Actuators
- Belt Type Linear Actuators
- Rotary Actuators
- Bladder and Vane
- Piston Type
By application, the industry is bifurcated into:
- Industrial Automation
- Vehicles and Equipment
On the basis of region, the market is segmented into:
- North America
- Latin America
- Middle East and Africa
Actuators Market Trends
Some of the reasons influencing the actuators market growth include the development of innovative and cost-effective actuators, as well as the increased need for robotics and process automation in various industrial segments.
The linear category is predicted to expand at the fastest CAGR throughout the projection period. Automation is where linear actuators are most employed. They are employed in a variety of sectors where precise positioning is necessary. Actuator demand has increased dramatically, and this trend is projected to continue during the forecast period.
Key Market Players
The major players in the market are Rockwell Automation Inc., Moog Inc., SMC Corporation, Curtis Wright, IMI PLC, Altra Industrial Motion, Tolomatic, Venture Mfg. Co.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports :
Global Space Propulsion Systems Market: https://www.expertmarketresearch.com/reports/space-propulsion-systems-market
Global Server Operating System Market: https://www.expertmarketresearch.com/reports/server-operating-system-market
Global Light Weapons Market: https://www.expertmarketresearch.com/reports/light-weapons-market
Global Light Detection and Ranging (LiDAR) Market: https://www.expertmarketresearch.com/reports/light-detection-and-ranging-lidar-market
Global Lead Acid Battery for Energy Storage Market: https://www.expertmarketresearch.com/reports/lead-acid-battery-for-energy-storage-market
About Us :
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Media Contact :
Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA