Electric Actuator Market Growth 2019-2024

Market-Research

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.

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The market segment by three types: Linear Electric Actuator, Multi-turn Electric Actuator and Quarter-turn Electric Actuator. The applications of Electric Actuator are Oil & Gas, General Industries, Chemical, Power and Other industries. Oil & Gas and General Industries are the main application, which accounts for about 56.51% of total consumption in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Actuator market by product type, application, key manufacturers and key regions and countries.

This study considers the Electric Actuator value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Multi-turn Electric Actuator
  • Part-Turn Electric Actuator
  • Linear Electric Actuator

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Power industry
  • Oil&Gas industry
  • Chemical industry
  • General Industries
  • Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Rotork
  • Auma
  • Flowserve
  • ABB
  • Emerson
  • BERNARD
  • CDF
  • Xiang Long
  • Tefulong
  • Hengchun
  • Chuanyi Automation
  • SAIC
  • Raga
  • Aotuo Ke
  • Tomoe
  • PS Automation
  • Nihon Koso
  • KOEI
  • Zhonghuan TIG

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Electric Actuator consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Electric Actuator market by identifying its various subsegments.
  • Focuses on the key global Electric Actuator manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Electric Actuator with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Electric Actuator submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of content

2019–2024 Global Electric Actuator Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Electric Actuator Consumption 2014–2024
2.1.2 Electric Actuator Consumption CAGR by Region
2.2 Electric Actuator Segment by Type
2.2.1 Multi-turn Electric Actuator
2.2.2 Part-Turn Electric Actuator
2.2.3 Linear Electric Actuator
2.3 Electric Actuator Consumption by Type
2.3.1 Global Electric Actuator Consumption Market Share by Type (2014–2019)
2.3.2 Global Electric Actuator Revenue and Market Share by Type (2014–2019)
2.3.3 Global Electric Actuator Sale Price by Type (2014–2019)
2.4 Electric Actuator Segment by Application
2.4.1 Power industry
2.4.2 Oil&Gas industry
2.4.3 Chemical industry
2.4.4 General Industries
2.4.5 Others
2.5 Electric Actuator Consumption by Application
2.5.1 Global Electric Actuator Consumption Market Share by Application (2014–2019)
2.5.2 Global Electric Actuator Value and Market Share by Application (2014–2019)
2.5.3 Global Electric Actuator Sale Price by Application (2014–2019)

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