Electric Actuator Market

Electric Actuator Market (Product Type: Liner Actuator, Rotary Actuator, and Hybrid Actuator) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Global Electric Actuator Market Outlook 2031

  • The global industry was valued at US$ 12.3 Bn in 2022
  • It is estimated to grow at a CAGR of 6.1% from 2023 to 2031 and reach US$ 20.9 Bn by the end of 2031

Analysts’ Viewpoint on Market Scenario

Expansion of the oil & gas, automotive, and power generation sectors is expected to propel the electric actuator market size during the forecast period. Electric actuators are widely employed in the power generation sector due to their ability to reduce downtime and provide precise control over various power generation systems.

Electric actuators can extend machine life, save time, reduce energy consumption, and enhance production capabilities. Vendors in the global electric actuator industry are allocating a major portion of their revenue to R&D activities to stay competitive in the market. They are also adopting various growth strategies, such as collaborations, partnerships, and M&As, to increase their electric actuator market share.

Electric Actuator Market

Market Introduction

Electric actuator is a type of device that converts electrical energy into mechanical motion to control or move a mechanism or system. It plays an important role in a wide range of applications across various industries including manufacturing, automotive, aerospace, and robotics. Electric actuators have gained popularity due to their precision, controllability, and ability to be integrated into automated systems.

Electric actuators operate based on the principles of electromagnetism and the conversion of electrical energy into mechanical motion. The core components of an electric actuator typically include an electric motor, a gearbox, and a lead screw or ball screw mechanism. The electric motor is the primary source of motion in an electric actuator. It could be a DC motor, AC motor, stepper motor, or servo motor, depending on the application requirements. Linear, rotary, and hybrid are the three types of actuators.

Electric actuators offer excellent control and positioning capabilities, making them ideal for applications that require high precision and accuracy. They can be easily integrated into automated systems and controlled through various electronic interfaces. Electric actuators are especially beneficial for larger power plants that require efficient operation of valves and dampers. They are cost-effective and require less maintenance, making them an attractive option for use in power generation.

Rise in Power Generation Driving Electric Actuator Market Value

Electric actuators are increasingly used in power generation. They are employed in nuclear power plants to control the flow of steam, which, in turn, helps to maintain optimal levels of power output. Electric actuators provide precise control over the flow of water and steam in power plants. This helps to ensure that the power plant is running safely and efficiently. Actuators can be adjusted to maintain optimal levels of power output. Additionally, electric actuators are less expensive and more reliable than their hydraulic counterparts. Hence, surge in power generation is fueling the electric actuator market statistics.

The Central Electricity Authority (CEA) estimates India’s power requirement to grow to reach 817 GW by 2030. Moreover, electric power energy generation is projected to increase from 18% to 44% and thermal energy generation is expected to reduce from 78% to 52% by 2029-30. This is likely to require huge investments in the electric infrastructure, which involves the deployment of smart grids, renewable energy sources, and other technologies. Such investments are anticipated to spur the electric actuator market growth in the next few years.

Electric actuators require less maintenance than hydraulic actuators, which can lead to cost savings. They are also lighter and smaller, making them easier to move and install. Furthermore, they are often easier to control, allowing for more precise movements and adjustments. Electric actuators also have a longer life expectancy, meaning they can be used for a longer period of time before needing to be replaced. They can also be employed in more extreme conditions.

Expansion in Oil & Gas Sector Augmenting Market Development

The oil & gas sector relies on precision and accuracy in electronic actuation to control the production process. Companies in the sector employ pipeline systems for most of their operations, from refining to distribution. Thus, it is critical to have reliable pipeline infrastructure and control systems. Electric actuators play a major role in pipeline safety. They are used to control the flow of oils and gases in pipelines. Electric actuators are also utilized to shut off the flow of oils and gases in the event of an emergency. This helps to ensure the safety of both the pipeline and the people living in the area. Hence, growth in the oil & gas sector is driving growth of the electric actuator industry.

Expansion in the global natural gas sector is also fueling demand for electric actuators. In the U.S., the sector makes up 8% of the country’s GDP. Presence of a favorable regulatory framework is propelling natural gas production in Europe. Moreover, the energy market in the region is becoming increasingly competitive, allowing more companies to enter the market. Additionally, technological advancements in electric actuators are enabling greater access to new sources of oils and gases. This, in turn, is boosting the electric actuator market revenue.

Regional Outlook

According to the latest electric actuator market forecast, Asia Pacific is anticipated to hold largest share from 2023 to 2031. Rise in investment in the power generation sector and increase in adoption of industrial automation are fueling market dynamics in the region.

Companies in oil & gas, power generation, food and beverage, automotive, and agriculture sectors are expanding their presence in Asia Pacific. China, Japan, and South Korea are witnessing rapid growth in the adoption of electric vehicles. These factors are augmenting market progress in the region.

Analysis of Key Players

The global industry is highly competitive and stagnant due to the presence of several global and regional electric actuator manufacturers. Investment in R&D activities is likely to offer emerging opportunities in the electric actuator market. Major electric actuator companies are capitalizing on growth in the trend toward electrification in various industries. They are also adopting various collaboration, partnership, and M&A strategies to broaden their customer base.

ABB, Actuonix Motion Devices Inc., Regal Rexnord, AUMA Riester Gmbh & Co. KG, Curtiss-Wright Corporation, Kollmorgen, Emerson Electric Co., General Electric, MecVel Srl, and Moog Inc. are key players in the electric actuator market.

Each of these players has been profiled in the electric actuator market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Key Developments

  • In July 2023, AUMA launched the SRAV-UW actuator for underwater use. The actuator provides high positioning accuracy with continuous feedback to the higher-level PLC.

Market Snapshot

Attribute Detail

Market Value in 2022

12.3 Bn

Market Forecast Value in 2031

20.9 Bn

Growth Rate (CAGR)

6.1%

Forecast Period

2023-2031

Quantitative Units

US$ Bn for Value and Thousand Units for Volume

Market Analysis

Global qualitative analysis includes drivers, restraints, opportunities, key trends, upcoming key trends, Porter’s Five Forces analysis, value chain analysis, SWOT analysis, etc. Furthermore, at the regional level, qualitative analysis includes key trends, price trends, demographic overview, brand analysis, and consumer buying behavior analysis.

Competition Landscape

  • Market Player - Competition Dashboard and Revenue Share Analysis 2022
  • Company Profiles (Details - Company Overview, Sales Area/Geographical Presence, Revenue, COVID-19 Response, Strategy & Business Overview)

Format

  • Electronic (PDF) + Excel

Market Segmentation

  • Product Type
  • End-use Industry
    • Oil & Gas
    • Agriculture
    • Food & Beverage
    • Aerospace & Defense
    • Automotive
    • Energy
    • Others
  • Distribution Channel
    • Direct Sales
    • Indirect Sales

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Companies Profiled

  • ABB
  • Actuonix Motion Devices Inc.
  • Regal Rexnord
  • AUMA Riester GmbH & Co. KG
  • Curtiss-Wright Corporation
  • Kollmorgen
  • Emerson Electric Co.
  • General Electric
  • MecVel Srl
  • Moog Inc.

Customization Scope

  • Available upon request

Pricing

  • Available upon request

Frequently Asked Questions

How big was the electric actuator market in 2022?

It was valued at 12.3 Bn in 2022

How much growth is the electric actuator business expecting in terms of CAGR?

It is projected to grow at a CAGR of 6.1% from 2023 to 2031

What are the key factors driving demand for electric actuators?

Increase in power generation and expansion in oil & gas sector

Which electric actuator segment held largest share?

Oil & gas was the largest end-use industry segment in 2022

Which region is likely to record the highest demand for electric actuators?

Asia Pacific is expected to record the highest demand during the forecast period

Who are the key electric actuator manufacturers?

ABB, Actuonix Motion Devices Inc., Regal Rexnord, AUMA Riester Gmbh & Co. KG, Curtiss-Wright Corporation, Kollmorgen, Emerson Electric Co., General Electric, MecVel Srl, and Moog Inc.

    1. Preface

        1.1. Market Definition and Scope

        1.2. Market Segmentation

        1.3. Key Research Objectives

        1.4. Research Highlights

    2. Assumptions

    3. Research Methodology

    4. Executive Summary

    5. Market Overview

        5.1. Introduction

        5.2. Market Dynamics

            5.2.1. Drivers

            5.2.2. Restraints

            5.2.3. Opportunities

        5.3. Key Trends Analysis

            5.3.1. Demand Side Analysis

            5.3.2. Supply Side Analysis

        5.4. Regulations & Guidelines

        5.5. Key Market Indicators

            5.5.1. Overall Actuator Market Industry Overview

        5.6. Covid-19 Impact Analysis

        5.7. Technological Overview

        5.8. Porter’s Five Forces Analysis

        5.9. Value Chain Analysis

        5.10. Industry SWOT Analysis

        5.11. Global Electric Actuator Market Analysis and Forecast, 2017 - 2031

            5.11.1. Market Revenue Projection (US$ Bn)

            5.11.2. Market Revenue Projection (Thousand Units)

    6. Global Electric Actuator Market Analysis and Forecast, By Product Type

        6.1. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031

            6.1.1. Rotary Actuator

            6.1.2. Linear Actuator

            6.1.3. Hybrid Actuator

        6.2. Incremental Opportunity, By Product Type

    7. Global Electric Actuator Market Analysis and Forecast, By End-use Industry

        7.1. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031

            7.1.1. Oil & Gas

            7.1.2. Agriculture

            7.1.3. Food & Beverage

            7.1.4. Aerospace & Defense

            7.1.5. Automotive

            7.1.6. Energy

            7.1.7. Others

        7.2. Incremental Opportunity, By End-use Industry

    8. Global Electric Actuator Market Analysis and Forecast, By Distribution Channel

        8.1. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031

            8.1.1. Direct Sales

            8.1.2. Indirect Sales

        8.2. Incremental Opportunity, By Distribution Channel

    9. Global Electric Actuator Market Analysis and Forecast, By Region

        9.1. Electric Actuator Market Size (US$ Bn and Thousand Units), By Region, 2017 - 2031

            9.1.1. North America

            9.1.2. Europe

            9.1.3. Asia Pacific

            9.1.4. Middle East & Africa

            9.1.5. South America

        9.2. Global Incremental Opportunity, by Region

    10. North America Electric Actuator Market Analysis and Forecast

        10.1. Regional Snapshot

        10.2. Key Supplier Analysis

        10.3. Key Trend Analysis

        10.4. Price Trend Analysis

            10.4.1. Weighted Average Price

        10.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031

            10.5.1. Rotary Actuator

            10.5.2. Linear Actuator

            10.5.3. Hybrid Actuator

        10.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031

            10.6.1. Oil & Gas

            10.6.2. Agriculture

            10.6.3. Food & Beverage

            10.6.4. Aerospace & Defense

            10.6.5. Automotive

            10.6.6. Energy

            10.6.7. Others

        10.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031

            10.7.1. Direct Sales

            10.7.2. Indirect Sales

        10.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031

            10.8.1. U.S.

            10.8.2. Canada

            10.8.3. Rest of North America

        10.9. Incremental Opportunity Analysis

    11. Europe Electric Actuator Market Analysis and Forecast

        11.1. Regional Snapshot

        11.2. Key Supplier Analysis

        11.3. Key Trend Analysis

        11.4. Price Trend Analysis

            11.4.1. Weighted Average Price

        11.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031

            11.5.1. Rotary Actuator

            11.5.2. Linear Actuator

            11.5.3. Hybrid Actuator

        11.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031

            11.6.1. Oil & Gas

            11.6.2. Agriculture

            11.6.3. Food & Beverage

            11.6.4. Aerospace & Defense

            11.6.5. Automotive

            11.6.6. Energy

            11.6.7. Others

        11.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031

            11.7.1. Direct Sales

            11.7.2. Indirect Sales

        11.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031

            11.8.1. U.K.

            11.8.2. Germany

            11.8.3. France

            11.8.4. Rest of Europe

        11.9. Incremental Opportunity Analysis

    12. Asia Pacific Electric Actuator Market Analysis and Forecast

        12.1. Regional Snapshot

        12.2. Key Supplier Analysis

        12.3. Key Trend Analysis

        12.4. Price Trend Analysis

            12.4.1. Weighted Average Price

        12.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031

            12.5.1. Rotary Actuator

            12.5.2. Linear Actuator

            12.5.3. Hybrid Actuator

        12.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031

            12.6.1. Oil & Gas

            12.6.2. Agriculture

            12.6.3. Food & Beverage

            12.6.4. Aerospace & Defense

            12.6.5. Automotive

            12.6.6. Energy

            12.6.7. Others

        12.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031

            12.7.1. Direct Sales

            12.7.2. Indirect Sales

        12.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031

            12.8.1. India

            12.8.2. China

            12.8.3. Japan

            12.8.4. Rest of Asia Pacific

        12.9. Incremental Opportunity Analysis

    13. Middle East & Africa Electric Actuator Market Analysis and Forecast

        13.1. Regional Snapshot

        13.2. Key Supplier Analysis

        13.3. Key Trend Analysis

        13.4. Price Trend Analysis

            13.4.1. Weighted Average Price

        13.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031

            13.5.1. Rotary Actuator

            13.5.2. Linear Actuator

            13.5.3. Hybrid Actuator

        13.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031

            13.6.1. Oil & Gas

            13.6.2. Agriculture

            13.6.3. Food & Beverage

            13.6.4. Aerospace & Defense

            13.6.5. Automotive

            13.6.6. Energy

            13.6.7. Others

        13.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031

            13.7.1. Direct Sales

            13.7.2. Indirect Sales

        13.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031

            13.8.1. GCC

            13.8.2. South Africa

            13.8.3. Rest of Middle East & Africa

        13.9. Incremental Opportunity Analysis

    14. South America Electric Actuator Market Analysis and Forecast

        14.1. Regional Snapshot

        14.2. Key Supplier Analysis

        14.3. Key Trend Analysis

        14.4. Price Trend Analysis

            14.4.1. Weighted Average Price

        14.5. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Product Type, 2017 - 2031

            14.5.1. Rotary Actuator

            14.5.2. Linear Actuator

            14.5.3. Hybrid Actuator

        14.6. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031

            14.6.1. Oil & Gas

            14.6.2. Agriculture

            14.6.3. Food & Beverage

            14.6.4. Aerospace & Defense

            14.6.5. Automotive

            14.6.6. Energy

            14.6.7. Others

        14.7. Electric Actuator Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031

            14.7.1. Direct Sales

            14.7.2. Indirect Sales

        14.8. Electric Actuator Market Size (US$ Bn and Thousand Units), by Country, 2017 - 2031

            14.8.1. Brazil

            14.8.2. Rest of South America

        14.9. Incremental Opportunity Analysis

    15. Competition Landscape

        15.1. Market Player - Competition Dashboard

        15.2. Market Share Analysis (%)-2022

        15.3. Company Profiles (Details - Company Overview, Sales Area/Geographical Presence, Product Portfolio, Manufacturing Location, Revenue, Strategy & Business Process Overview)

            15.3.1. ABB

                15.3.1.1. Company Overview

                15.3.1.2. Sales Area/Geographical Presence

                15.3.1.3. Product Portfolio

                15.3.1.4. Manufacturing Location

                15.3.1.5. Revenue

                15.3.1.6. Strategy & Business Process Overview

            15.3.2. Actuonix Motion Devices Inc.

                15.3.2.1. Company Overview

                15.3.2.2. Sales Area/Geographical Presence

                15.3.2.3. Product Portfolio

                15.3.2.4. Manufacturing Location

                15.3.2.5. Revenue

                15.3.2.6. Strategy & Business Process Overview

            15.3.3. Regal Rexnord

                15.3.3.1. Company Overview

                15.3.3.2. Sales Area/Geographical Presence

                15.3.3.3. Product Portfolio

                15.3.3.4. Manufacturing Location

                15.3.3.5. Revenue

                15.3.3.6. Strategy & Business Process Overview

            15.3.4. AUMA Riester GmbH & Co. KG

                15.3.4.1. Company Overview

                15.3.4.2. Sales Area/Geographical Presence

                15.3.4.3. Product Portfolio

                15.3.4.4. Manufacturing Location

                15.3.4.5. Revenue

                15.3.4.6. Strategy & Business Process Overview

            15.3.5. Curtiss-Wright Corporation

                15.3.5.1. Company Overview

                15.3.5.2. Sales Area/Geographical Presence

                15.3.5.3. Product Portfolio

                15.3.5.4. Manufacturing Location

                15.3.5.5. Revenue

                15.3.5.6. Strategy & Business Process Overview

            15.3.6. Kollmorgen

                15.3.6.1. Company Overview

                15.3.6.2. Sales Area/Geographical Presence

                15.3.6.3. Product Portfolio

                15.3.6.4. Manufacturing Location

                15.3.6.5. Revenue

                15.3.6.6. Strategy & Business Process Overview

            15.3.7. Emerson Electric Co.

                15.3.7.1. Company Overview

                15.3.7.2. Sales Area/Geographical Presence

                15.3.7.3. Product Portfolio

                15.3.7.4. Manufacturing Location

                15.3.7.5. Revenue

                15.3.7.6. Strategy & Business Process Overview

            15.3.8. General Electric

                15.3.8.1. Company Overview

                15.3.8.2. Sales Area/Geographical Presence

                15.3.8.3. Product Portfolio

                15.3.8.4. Manufacturing Location

                15.3.8.5. Revenue

                15.3.8.6. Strategy & Business Process Overview

            15.3.9. MecVel Srl

                15.3.9.1. Company Overview

                15.3.9.2. Sales Area/Geographical Presence

                15.3.9.3. Product Portfolio

                15.3.9.4. Manufacturing Location

                15.3.9.5. Revenue

                15.3.9.6. Strategy & Business Process Overview

            15.3.10. Moog Inc.

                15.3.10.1. Company Overview

                15.3.10.2. Sales Area/Geographical Presence

                15.3.10.3. Product Portfolio

                15.3.10.4. Manufacturing Location

                15.3.10.5. Revenue

                15.3.10.6. Strategy & Business Process Overview

    16. Key Takeaway

        16.1. Identification of Potential Market Spaces

            16.1.1. By Product Type

            16.1.2. By End-use Industry

            16.1.3. By Distribution Channel

            16.1.4. By Region

        16.2. Understanding Procurement Process of End-users

        16.3. Prevailing Market Risks

    List of Tables

    Table 1: Global Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031

    Table 2: Global Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031

    Table 3: Global Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031

    Table 4: Global Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031

    Table 5: Global Electric Actuator Market Value (US$ Bn), by Distribution Channel, 2017-2031

    Table 6: Global Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031

    Table 7: Global Electric Actuator Market Value (US$ Bn), by Region, 2017-2031

    Table 8: Global Electric Actuator Market Volume (Thousand Units), by Region 2017-2031

    Table 9: North America Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031

    Table 10: North America Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031

    Table 11: North America Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031

    Table 12: North America Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031

    Table 13: North America Electric Actuator Market Value (US$ Bn), by Distribution Channel, 2017-2031

    Table 14: North America Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031

    Table 15: North America Electric Actuator Market Value (US$ Bn), by Country, 2017-2031

    Table 16: North America Electric Actuator Market Volume (Thousand Units), by Country 2017-2031

    Table 17: Europe Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031

    Table 18: Europe Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031

    Table 19: Europe Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031

    Table 20: Europe Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031

    Table 21: Europe Electric Actuator Market Value (US$ Bn), by Distribution Channel, 2017-2031

    Table 22: Europe Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031

    Table 23: Europe Electric Actuator Market Value (US$ Bn), by Country, 2017-2031

    Table 24: Europe Electric Actuator Market Volume (Thousand Units), by Country 2017-2031

    Table 25: Asia Pacific Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031

    Table 26: Asia Pacific Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031

    Table 27: Asia Pacific Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031

    Table 28: Asia Pacific Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031

    Table 29: Asia Pacific Electric Actuator Market Value (US$ Bn), by Distribution Channel, 2017-2031

    Table 30: Asia Pacific Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031

    Table 31: Asia Pacific Electric Actuator Market Value (US$ Bn), by Country, 2017-2031

    Table 32: Asia Pacific Electric Actuator Market Volume (Thousand Units), by Country 2017-2031

    Table 33: Middle East & Africa Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031

    Table 34: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031

    Table 35: Middle East & Africa Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031

    Table 36: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031

    Table 37: Middle East & Africa Electric Actuator Market Value (US$ Bn), by Distribution Channel, 2017-2031

    Table 38: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031

    Table 39: Middle East & Africa Electric Actuator Market Value (US$ Bn), by Country, 2017-2031

    Table 40: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by Country 2017-2031

    Table 41: South Africa Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031

    Table 42: South Africa Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031

    Table 43: South Africa Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031

    Table 44: South Africa Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031

    Table 45: South Africa Electric Actuator Market Value (US$ Bn), by Distribution Channel, 2017-2031

    Table 46: South Africa Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031

    Table 47: South Africa Electric Actuator Market Value (US$ Bn), by Country, 2017-2031

    Table 48: South Africa Electric Actuator Market Volume (Thousand Units), by Country 2017-2031

    List of Figures

    Figure 1: Global Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031

    Figure 2: Global Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031

    Figure 3: Global Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031

    Figure 4: Global Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031

    Figure 5: Global Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031

    Figure 6: Global Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry 2023-2031

    Figure 7: Global Electric Actuator Market Value (US$ Bn), by Distribution Channel 2017-2031

    Figure 8: Global Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031

    Figure 9: Global Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel 2023-2031

    Figure 10: Global Electric Actuator Market Value (US$ Bn), by Region, 2017-2031

    Figure 11: Global Electric Actuator Market Volume (Thousand Units), by Region 2017-2031

    Figure 12: Global Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Region, 2023-2031

    Figure 13: North America Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031

    Figure 14: North America Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031

    Figure 15: North America Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031

    Figure 16: North America Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031

    Figure 17: North America Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031

    Figure 18: North America Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry 2023-2031

    Figure 19: North America Electric Actuator Market Value (US$ Bn), by Distribution Channel 2017-2031

    Figure 20: North America Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031

    Figure 21: North America Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel 2023-2031

    Figure 22: North America Electric Actuator Market Value (US$ Bn), by Country, 2017-2031

    Figure 23: North America Electric Actuator Market Volume (Thousand Units), by Country 2017-2031

    Figure 24: North America Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Country, 2023-2031

    Figure 25: Europe Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031

    Figure 26: Europe Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031

    Figure 27: Europe Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031

    Figure 28: Europe Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031

    Figure 29: Europe Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031

    Figure 30: Europe Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry 2023-2031

    Figure 31: Europe Electric Actuator Market Value (US$ Bn), by Distribution Channel 2017-2031

    Figure 32: Europe Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031

    Figure 33: Europe Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel 2023-2031

    Figure 34: Europe Electric Actuator Market Value (US$ Bn), by Country, 2017-2031

    Figure 35: Europe Electric Actuator Market Volume (Thousand Units), by Country 2017-2031

    Figure 36: Europe Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Country, 2023-2031

    Figure 37: Asia Pacific Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031

    Figure 38: Asia Pacific Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031

    Figure 39: Asia Pacific Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031

    Figure 40: Asia Pacific Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031

    Figure 41: Asia Pacific Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031

    Figure 42: Asia Pacific Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry 2023-2031

    Figure 43: Asia Pacific Electric Actuator Market Value (US$ Bn), by Distribution Channel 2017-2031

    Figure 44: Asia Pacific Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031

    Figure 45: Asia Pacific Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel 2023-2031

    Figure 46: Asia Pacific Electric Actuator Market Value (US$ Bn), by Country, 2017-2031

    Figure 47: Asia Pacific Electric Actuator Market Volume (Thousand Units), by Country 2017-2031

    Figure 48: Asia Pacific Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Country, 2023-2031

    Figure 49: Middle East & Africa Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031

    Figure 50: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031

    Figure 51: Middle East & Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031

    Figure 52: Middle East & Africa Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031

    Figure 53: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031

    Figure 54: Middle East & Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry 2023-2031

    Figure 55: Middle East & Africa Electric Actuator Market Value (US$ Bn), by Distribution Channel 2017-2031

    Figure 56: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031

    Figure 57: Middle East & Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel 2023-2031

    Figure 58: Middle East & Africa Electric Actuator Market Value (US$ Bn), by Country, 2017-2031

    Figure 59: Middle East & Africa Electric Actuator Market Volume (Thousand Units), by Country 2017-2031

    Figure 60: Middle East & Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Country, 2023-2031

    Figure 61: South Africa Electric Actuator Market Value (US$ Bn), by Product Type, 2017-2031

    Figure 62: South Africa Electric Actuator Market Volume (Thousand Units), by Product Type 2017-2031

    Figure 63: South Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031

    Figure 64: South Africa Electric Actuator Market Value (US$ Bn), by End-use Industry 2017-2031

    Figure 65: South Africa Electric Actuator Market Volume (Thousand Units), by End-use Industry 2017-2031

    Figure 66: South Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry 2023-2031

    Figure 67: South Africa Electric Actuator Market Value (US$ Bn), by Distribution Channel 2017-2031

    Figure 68: South Africa Electric Actuator Market Volume (Thousand Units), by Distribution Channel 2017-2031

    Figure 69: South Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel 2023-2031

    Figure 70: South Africa Electric Actuator Market Value (US$ Bn), by Country, 2017-2031

    Figure 71: South Africa Electric Actuator Market Volume (Thousand Units), by Country 2017-2031

    Figure 72: South Africa Electric Actuator Market Incremental Opportunity (US$ Bn), Forecast, by Country, 2023-2031

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