Actuator market

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Actuator market Research Report By Forecast 2025
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2025
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Actuator market Forecast To 2025
Actuator market Forecast To 2025
As per Market Research Future (MRFR)s analysis,
the global Actuator market is poised to expand at
a CAGR of 5.23 during the forecast period. The
growth of the automotive sector is likely to
influence the expansion of the market positively
through the assessment period. In addition, the
shift witnessed towards the electric cars is also
expected to expedite the growth of the Actuator
market over the next couple of Years. The boosted
sales of passenger cars and commercial vehicles
is anticipated to augment the market size and
valuation in the years to come.
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Actuator market Forecast To 2025
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
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Actuator market Forecast To 2025

• The rising investments in technological
  innovations is prognosticated to unleash new
  growth opportunities into the Actuator market
  over the next few years.
• The growing demand for lightweight components is
  anticipated to propel the expansion of the
  Actuator market across the assessment period. The
  standard fuel emission norms are projected to
  favor the expansion of the Actuator market in the
  upcoming years. However, the pricing policies of
  the components is anticipated to check the
  expansion of the Actuator market in the
  foreseeable future.

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Actuator market Forecast To 2025
Global Actuator market Segmented on the basis of
By type, the global Actuator market has been
segmented into market has been segmented as
pneumatic, electric, hydraulic, mechanical, and
others. Among these, the electric segment
presently accounts for the maximum share of the
global market and is projected to strike the
highest CAGR of 5.61 during the review period.
The growth of the segment can be ascribed to the
cost effectiveness of the electric actuators. By
End-User, the Actuator market has been segmented
into automotive, oil gas, aerospace defense,
pharmaceutical, power, food beverages,
chemicals, water wastewater and mining
metals. Among these, the automotive segment has
the dominant share of the market and is poised to
strike a relatively higher CAGR of 6.11 during
the forecast period. The rising demand for
automobiles is likely to influence the expansion
of the segment positively.
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Actuator market Forecast To 2025
Global Actuator market - Geographical Analysis
The global Actuator market, by region, has been
segmented into Americas, Europe, Asia Pacific and
the Middle East Africa. Asia Pacific exhibits
tremendous potential for growth and is poised to
expand significantly over the assessment period.
The regional market is expected to strike a
relatively higher CAGR of 5.93 during the
projection period. The growth of the automotive
sector in the major country-level markets such as
India, China, Japan, etc. are expected to boost
the growth trajectory of the Actuator market in
the region. Furthermore, the consolidation of
manufacturing facilities in the region is
anticipated to augment the market across the
review period. The availability of low-cost labor
and comparatively simpler norms are encouraging
the establishment of these plants in the region.
Meanwhile, Americas is anticipated to register a
CAGR of 5.21 over the next couple of years. The
rising investments in research developments is
likely to have a favorable impact on the
expansion of the market.
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Actuator market Forecast To 2025
Global Actuator market - Competitive Analysis

• Some of the key players operating in the Actuator
  market are Eaton Corporation plc (Ireland), The
  Emerson Electric Company (U.S.), Schlumberger
  company (U.S.), Festo AG Co. KG (Germany),
  Honeywell International Inc. (U.S.), SAMSON AG
  (Germany), KITZ Corporation (Japan), Flowserve
  Corporation (U.S.), Rotork plc. (Japan), and SMC
  Corporation (Japan).
• Industry News
• In January 2019, Eicher Trucks Buses, part of
  VE Commercial Vehicles, has announced the launch
  of 16-tonne truck with Automated Manual
  Transmission (AMT) technology. The truck is
  equipped with Intelligent Shift Control Actuator.

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