Linear Actuator Market Report 2024 (Global Edition)

Global Linear Actuator Market Report 2024 Market Size Split by Operation Mechanism (Pneumatic, Hydraulic, Electric, Others), by End-Use Industry (Automotive, Construction, Energy and Mining, Healthcar...

Linear Actuator Market Report Description

We have various report editions of Linear Actuator Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Linear Actuator Market Insights Video

Competitive Landscape of the Linear Actuator Market

The major players in the linear actuator industry employ a wide range of tactics to maintain and grow their share of the global market. These include mergers and acquisitions, partnerships, collaboration, joint ventures, production process innovations, product line expansions, and improvements to existing products. They also seek out new customers in the endless linear actuator market worldwide.

July 2024: Rollon declares the opening of H-Bot, the latest hoist technology. H-Bot is distinguished by its incredibly adaptable and portable architecture, which is tailored to satisfy the demands of industries demanding a tiny environmental impact and an elevated level of productivity. (Source: https://www.rollon.com/usa/en/rollon-launches-h-bot-a-new-gantry-system-with-a-compact-design-for-high-dynamics/) July 2024: Emerson declared during the Farnborough Airshow that their Performance and Evaluation division will fund academic initiatives at the Aviation Institute of the United Kingdom, which Cranfield University runs. With the availability of cutting-edge test equipment and practical guidance from highly skilled defense specialists, Emerson's NI Research & Evaluation technologies will assist in the teaching and training of defense and security professionals on testing contemporary radar surveillance equipment. (Source: https://www.emerson.com/en-in/news/2024/07-emerson-announces-support-to-educational-programs-at-the-defence-academy-of-the-united-kingdom) June 2024: Ultra Motion offers a range of mechanical operators that are dependable, ecologically resistant, and power-dense. With integrated rechargeable digital management gadgets, all of their mechanical actuators use our exclusive stage indices to provide accurate feedback on the position. In addition to providing comprehensive information for health surveillance and preventive upkeep, interfaces such as CAN 2.0B and RS-485 provide the actuator with complete command. (Source: https://www.ultramotion.com/news-feed/ultra-motion-unveils-advanced-servo-actuators-for-the-defense-industry/)

Top Companies Market Share in Linear Actuator Industry: (In no particular order of Rank)

• Actuonix Motion Devices
• BISHOP-WISECARVER
• ElectroCraft
• Emerson Electric Co.
• Fabco-Air
• Inc.
• IAI America
• Inc.
• ISOTECH
• INC.
• LINAK
• Progressive Automations Inc.
• Rollon Corp.
• SMC Corporation
• TiMOTION Technology Co. Ltd.
• Tolomatic USA
• Ultra Motion
• Venture MFG. Co
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Linear Actuator Market

Which Region Dominates the Linear Actuator Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue because of the widespread use of automation technologies in industries like aviation, medical services, and the automobile production industry. Due to the region's developed industrial sector and significant expenditures in cutting-edge manufacturing techniques, there is a growing market for highly accurate parts such as linear actuators.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the linear actuator market because of federal efforts to promote breakthroughs in automated factories and increased production capacity. This region is situated with a large number of prominent linear actuator businesses as well as emerging producers and distributors. There is intense competition to get the best possible position in the industry, which motivates the continuous creation of goods, technological innovation, and collaborative efforts.

The current report Scope analyzes Linear Actuator Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Linear Actuator Market

According to Cognitive Market Research, the global linear actuator market size was estimated at USD 53542.6 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 21417.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the linear actuator market with a market size of USD 16898.04 million in 2024 and is projected to grow at a CAGR of 7.7% during the forecast period. The nation's increasing investment in infrastructure.
• The Canada linear actuator market had a market share of USD 2570.04 million in 2024 and is projected to grow at a CAGR of 8.7% during the forecast period. Canada's rise is due to the nation's rapid expansion in the healthcare industry.
• The Mexico linear actuator market is projected to witness growth at a CAGR of 8.4% during the forecast period, with a market size of USD 1948.95 million in 2024.

Europe Linear Actuator Market

According to Cognitive Market Research, the global linear actuator market size was estimated at USD 53542.6 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 16062.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.

• The United Kingdom linear actuator market had a market share of USD 2698.55 million in 2024 and is projected to grow at a CAGR of 9.0% during the forecast period. In the UK, linear actuator sales witness an upswing due to the nation's rising demand for innovative technology.
• The France linear actuator market is projected to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD 1477.78 million in 2024.
• According to Cognitive Market Research, the German linear actuator market size was valued at USD 3180.43 million in 2024 and is projected to grow at a CAGR of 8.4% during the forecast period. In Germany, linear actuator surged due to the presence of major market players.
• The Italy linear actuator market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 1381.40 million in 2024.
• The Russia linear actuator market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 2489.73 million in 2024.
• The Spain linear actuator market is projected to witness growth at a CAGR of 7.3% during the forecast period with a market size of USD 1317.15 million in 2024
• The Luxembourg linear actuator market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD 497.95 million in 2024.
• The Portugal linear actuator market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 337.32 million in 2024.
• The Greece linear actuator market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 192.75 million in 2024.
• Rest of Europe's linear actuator market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 2489.73 million in 2024.

Asia Pacific Linear Actuator Market

According to Cognitive Market Research, the global linear actuator market size was estimated at USD 53542.6 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 12314.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.

• According to Cognitive Market Research, the China linear actuator market size was valued at USD 5541.66 million in 2024 and is projected to grow at a CAGR of 11.2% during the forecast period Linear actuator surged in China due to the adoption of various technologies.
• The Japan Linear Actuator Market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 1699.44 million in 2024.
• The India linear actuator market had a market share of USD 1477.78 million in 2024 and is projected to grow at a CAGR of 11.5% during the forecast period. India's supportive initiatives taken by the government.
• The South Korean linear actuator market is projected to witness growth at a CAGR of 10.8% during the forecast period, with a market size of USD 1231.48 million in 2024.
• The Australian linear actuator market is projected to witness growth at a CAGR of 11.4% during the forecast period, with a market size of USD 640.37 million in 2024.
• The South East Asia linear actuator market is projected to witness growth at a CAGR of 12.7% during the forecast period, with a market size of USD 849.72 million in 2024.
• The Rest of Asia Pacific linear actuator market is projected to witness growth at a CAGR of 11.5% during the forecast period, with a market size of USD 874.35 million in 2024.

South America Linear Actuator Market

According to Cognitive Market Research, the global linear actuator market size was estimated at USD 53542.6 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 2677.13 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil linear actuator market size was valued at USD 1145.81 million in 2024 and is projected to grow at a CAGR of 9.7% during the forecast period. Linear actuator flourished in Brazil due to the innovation in customer habitats.
• Argentina's linear actuator market had a market share of USD 449.76 million in 2024 and is projected to grow at a CAGR of 10.0% during the forecast period. Argentina's technological advancements augment the demand.
• Colombia linear actuator market is projected to witness growth at a CAGR of 8.9% during the forecast period, with a market size of USD 238.26 million in 2024.
• Peru linear actuator market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 219.52 million in 2024.
• Chile linear actuator market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 192.75 million in 2024.
• The Rest of Latin America's linear actuator market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 431.02 million in 2024.

Middle East and Africa Linear Actuator Market

According to Cognitive Market Research, the global linear actuator market size was estimated at USD 53542.6 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 1070.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031..

• The GCC Countries linear actuator market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 458.32 million in 2024 linear actuator sales flourish due to the presence of major market players.
• The Egypt linear actuator market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 112.44 million in 2024.
• The South Africa linear actuator market is projected to witness growth at a CAGR of 10.4% during the forecast period, with a market size of USD 169.19 million in 2024. Linear actuator sales flourish in South Africa due to technological advancements, and regulatory support.
• The Turkey linear actuator market is projected to witness growth at a CAGR of 8.9% during the forecast period, with a market size of USD 92.09 million in 2024.
• The Nigeria linear actuator market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 112.44 million in 2024.
• The Rest of MEA linear actuator market is projected to witness growth at a CAGR of 8.4% during the forecast period, with a market size of USD 126.36 million in 2024.

Linear Actuator Market Analysis

Linear Actuator Market Operation Mechanism Segment Analysis

According to Cognitive Market Research, pneumatic stands out as the dominant category over the projected period because of the elevated performance and quick responsiveness of pneumatic linear actuators make them popular. Pneumatic actuators have been the preferred choice for improving efficiency in businesses, such as digitization and production and prioritizing fast and effective motion in all directions. Pneumatic actuators are safer than other types of linear actuators. There is going to be a rise in interest in the category because of these variables.

Hydraulic acetate emerges as the fastest-growing category in the linear actuator market because of its substantial strength and rotation capability, which makes it appropriate for demanding applications such as large lifting of goods and placement in commercial and industrial environments. Hydraulic linear actuators are propelled by the process of converting hydraulic pressure into movement of the actuator. Hydraulic actuator effectiveness and dependability have increased with improvements in technology, including sensor and management integrated systems and the use of electro-hydraulic technologies.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Linear Actuator Industry. Request a Free Sample PDF!

Linear Actuator Market End-Use Industry Segment Analysis

According to Cognitive Market Research, the dominant category is Automotive because of the increasing need for vehicles and the growing amount of money invested in healthcare. The demand for linear actuators is essential to the automotive field, and as the business grows, the use of these devices will increase worldwide. Automotive manufacturing machinery is growing along with the world's ongoing demand for these vehicles. Digital linear actuators are becoming increasingly important due to the growing usage of automation in the automotive sector, which will improve earnings.

The fastest-growing category in the linear actuator market is construction. Due to the formation of innovative building projects, construction activities are expanding globally. The sector's growing demand for robotics can also be attributed to the increased demand for initiatives to be completed quickly. Actuators are used in construction machinery to fast-track endeavors, improve security for employees, and give a way for managing large objects on the construction site.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Linear Actuator Distribution Channel Segment Analysis

Linear Actuator Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the dominant category is online because many different distributors sell linear actuators through online marketplaces. With this help, customers may evaluate, investigate, compare, and select the best actuators. These online marketplaces have made it possible for many actuator manufacturers to sell their products directly to consumers. Big industrial enterprises are using digital marketplaces to expand their online sales channels.

The fastest-growing category in the linear actuator market is offline. It can make people feel less stressed and anxious, which will make them feel better at ease and in command. Before completing an expenditure, customers can observe, touch reality, and experience things when they buy offline. Before completing an expenditure, customers can observe, touch reality, and experience things when they buy offline.

• Online
• Offline

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

Author's Conclusion