Global Actuator Market 2016-2020

2015-12-23
Price :
Published : Dec-2015
No. of Pages : 55

Market outlook of actuators market

The market research analyst predicts the global actuator market to post a CAGR of approximately 4% from 2016 to 2020. Increased investments in automation projects will further fuel the demand for actuators during this period. Oil and gas industries, as well as the water and wastewater industries, will majorly influence the demand for actuators until 2020.

This market research report emphasizes on the growing popularity of electric actuators. The major reason behind the rapid growth of this segment lies in its operational efficiency as well as overall cost benefits it offers. Analysts anticipate the oil and gas industry in the Middle East and Africa to emerge as one of the most important end-users of actuators, thereby surging a huge demand in the near future.

Product segmentation and analysis of the actuator market

  • Pneumatic actuator
  • Hydraulic actuator
  • Electric actuator

Compared to the other types, the electric actuator market is likely to see a high growth rate between 2015 and 2020. According to the global research report, the ever-growing need to improve productivity, increase efficiency, and minimize downtime for the control of valves in industrial facilities has largely contributed to the growth of this segment.

The forecast also predicts the introduction of many innovative offerings with lifetime service support by the leading vendors in this market. This market is predicted to grow rapidly and gain more market share by the end of 2020.

Geographical segmentation and analysis of the actuator market

  • North America
  • APAC
  • Europe
  • ROW

North America accounted for the largest share of this market in 2015. The extensive presence of a large number of automated plants and facilities in this region drives the market. This regional market is being spurred by the necessity to improve existing facilities and oil and gas exploration.

Competitive landscape and key vendors

The global actuator market is marked by the presence of big international players that offer a wide portfolio of products. Apart from the leading players, the market is fragmented within several regional vendors, especially from the developing nations. However, as actuators need to guarantee precision and reliability in operation that necessitate require heavy investments, the market is mostly dominated by the big international vendors.

Major vendors operating in the market are: -

  • Cameron
  • Emerson Electric
  • Flowserve
  • Pentair

The other prominent vendors of the market include ATI, Crane, Curtiss-Wright, Eaton, Honeywell, Moog, Rockwell Collins, Saab, SMC, and Woodward.

Key questions answered in the report

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global actuator market?
  • What are the key market trends impacting the growth of the actuator market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the vendors in the global actuator market?
  • Trending factors influencing the market shares of APAC, Europe, North America, and ROW.
  • What are the key outcomes of the five forces analysis of the actuator market?
Filed in: Manufacturing
Publisher : Infiniti Research Limited
More Reports
Title Price Buy Now

Global Haying and Forage Machinery Market 2016-2020

Hay is grass or legumes that have been cut, dried, stored, and transformed into bales for feeding livestock. It is used as animal fodder animals are not able to graze due to unsuitable weather, like drought, or when animals are kept in stables or barns. Haying machinery is used to cut the crops, which are then stored in the form of bales or silage. Forage is plant material that livestock graze on. Forage machinery is widely used for harvesting forage grains. The global haying and forage machinery market constitutes a small part of the global agricultural machinery market. The analysts forecast global haying and forage machinery market to grow at a CAGR of 5.1% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the......
$2500

Global Industrial Lobe Pump Market 2016-2020

Lobe pumps are categorized as positive displacement pumps, which are used mainly in industrial applications that involve the pumping and lifting of heavy fluids like sludge, slurry, and mud. Sludge is a semi-solid slurry that is primarily a by-product of sewage from wastewater treatment or may be in the form of a settled suspension from numerous industrial processes. Industrial wastewater is also termed as sludge and is generated from biological or physical processes. The analysts forecast global industrial lobe pump market to grow at a CAGR of 13.58% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global industrial lobe pump market for 2016-2020. The market is divided into the following segments base......
$2500

Global Motors and Drives Market in Process Industries 2016-2020

Globalization has encouraged the use of advanced automation techniques and energy-saving equipment worldwide, leading to increased adoption of low-power AC drives and motors. These drives and motors are used across the discrete, process, and infrastructure industries such as chemical, oil and gas, building automation, food and beverage, textile, utility, metal, and water and wastewater. The analysts forecast global motors and drives market in process industries to grow at a CAGR of 7% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global motors and drives market in process industries 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of motors and drives majo......
$2500

Global Steam Traps Market 2016-2020

A steam trap is basically a kind of automatic valve that filters out condensed steam or condensate along with non-condensable gases like air without letting the steam escape. In industries, steam is regularly used for heating or as a driving force for mechanical power. Steam traps are used in industrial applications to ensure that the steam produced is not wasted. The analysts forecast global steam traps market to grow at a CAGR of 4.8% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the Global Steam Traps Market 2016-2020. To calculate the market size, the report considers the demand for steam traps from the end-user industries across the globe. The market is divided into the following segments based on geo......
$2500

Global Transmission Systems Market for Marine Applications 2016-2020

Transmission systems in marine vessels form an indispensable link between the propulsion engine and the propeller. The transmission systems used in marine vessels comprise mainly of a reduction gear, which is an arrangement that enables an input speed to be lowered when there is a requirement for slower output speed with the same or higher output torque. The reduction gear assembly comprises a set of rotating gears associated with a wheel work. The high-speed inbound motion from the wheel work is transmitted to the set of rotating gears, where the motion or torque undergoes a modification. The number of gears used in the reduction gear assembly is dependent on the output speed requirement of the application. The analysts forecast global transmission systems market for marine application......
$2500

Global Fire Sprinklers Market 2016-2020

With technological advances in the construction industry globally, health safety and environment (HSE) has gained significant importance. HSE is gaining popularity in the industrial, civil, commercial, and residential construction sectors. Fire safety is one of the key aspects of HSE. With the significant increase in the importance and implementation of HSE operations, acceptance of systems such as fire-safety equipment has increased. As a result, the global fire sprinklers market is gaining traction. Among the different sectors of construction, the demand for fire sprinklers is comparatively high in the commercial, infrastructure, and industrial construction sectors. Electrical equipment and other flammable components that are used in complex and heat-intensive processes are being d......
$2500

Global Motors and Drives Market in Discrete Industries 2016-2020

Motors and drives are primarily used for moving and controlling an equipment or system in a commercial and industrial set-up. In discrete industries, motors and drives powering mechanical equipment accounted for more than 60% of the total electrical energy consumed in 2015. In an industrial set-up, the power consumed by the motors accounts for 95% of the total expense. Therefore, manufacturing plants need to invest on more efficient motors and drives to sustain in the long run. The analysts forecast global motors and drives market in discrete industries to grow at a CAGR of 11.06% during the period 2016-2020. Covered in this report This report covers the present scenario and the growth prospects of the global motors and drives market in discrete industries for 2016-2020. To calcul......
$2500

Global Agricultural Harvester Market 2016-2020

The market is driven by a number of factors, with the shrinking labor force being one of the most important triggers. As a result of the shrinking labor force, farmers have to bear the significant business loss, especially at the time of harvesting and are investing in harvesters, which allow for highly efficient farming. An increase in government support and improved features in agricultural harvesters will also help the market grow over the next five years. The analysts forecast global agricultural harvester market to grow at a CAGR of 7.33% during the period 2016-2020. Covered in this report This report covers the present scenario and the growth prospects of the global agricultural harvester market for 2016-2020. To calculate the market size, we have considered the total units ......
$2500

Global Artificial Lift Pumps Market 2016-2020

As a direct impact of the ambiguity in the oil market, the global artificial lift pumps market has been experiencing sluggishness in the recent past as it has become enmeshed with the turmoil in the global oil industry. Declining prices, deferred investments, investor skepticism, and an unpredictable future in the commodity's outlook are inhibiting the growth of the market. The analysts forecast global artificial lift pumps market to grow at a CAGR of 1.56% during the period 2016-2020. Covered in this report This report covers the present scenario and the growth prospects of the global artificial lift pumps market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of artificial lift pumps globally. The report does not ......
$2500

Global Rubber Processing Equipment Market 2016-2020

Rubber processing equipment is used to process raw rubber. Processing methodologies include mastication and other methods like mixing, extrusion, and calendering. These processes give shape to the final product. The mastication processing method breaks down the polymer chains to reduce the molecular mass and increase viscosity. This aids in further processing. After the first processing step, several other activities can be executed such as mixing of materials that are ready for cross-linking. With the expected increase in the consumption level of rubber across the globe, it can be inferred that the demand for rubber processing will increase, which will be beneficial for the rubber processing equipment market. Apart from tires and tubes, other automotive components that require the use ......
$2500