DUBLIN--(BUSINESS WIRE)--The "Linear Actuators - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

Global Linear Actuators Market to Reach $46.8 Billion by 2030

The global market for Linear Actuators estimated at US$27.7 Billion in the year 2022, is projected to reach a revised size of US$46.8 Billion by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030.

Electrical, one of the segments analyzed in the report, is projected to record 7.6% CAGR and reach US$18.5 Billion by the end of the analysis period. Growth in the Hydraulic segment is estimated at 6.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.7 Billion, While China is Forecast to Grow at 8.7% CAGR

The Linear Actuators market in the U.S. is estimated at US$3.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$14.4 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 5.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

What's New?

• Special discussions on the global economic climate and market sentiment
• Coverage on global competitiveness and key competitor percentage market shares
• Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and trademarked research platform
• Complimentary updates for one year
• Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Attributes:

MARKET OVERVIEW

• Linear Actuators, a Cutting Edge Technology Enabling Industrial Automation Functions
• Global Economic Update
• Although Declining for the First Time Since the Russia-Ukraine War, Global Oil Prices Still Remains Higher Than 2019 Levels Which In Turn Will Take Inflation Longer Than Expected to Fall: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
• Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected Problem to Solve in 2023: Global Inflation Rates (In %) for the Years 2019 through 2024
• Global Economy Faces a Tough Climb Towards Recovery Made Rockier by the War, Persistent Challenges & Slower Decline in Underlying Core Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
• Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
• Competition
• Linear Actuators - Global Key Competitors Percentage Market Share in 2023 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
• Linear Actuators: Overview, Types and Applications
• Recent Market Activity
• Innovations

MARKET TRENDS & DRIVERS

• Innovations in Rails, Tracks & Ball Bearings Help Improve Performance of Linear Actuators. Here's How
• Encouraging Outlook for Automobile Production Despite Disruptions, Bodes Well for the Growth of Linear Actuators
• Encouraging Recovery in Automobile Production, Notwithstanding the Many Challenges, Offers Hope for Players in the Value Chain Including Manufacturers of Linear Actuators: Global Light Vehicle Production (In Million Units) for Years 2019 through 2025
• Growing Investments in Plant Automation in the Manufacturing Industry to Drive Demand for Linear Actuators
• Rising CAPEX Spending on Plant Automation to Benefit Demand for Linear Actuators, Which Are the Backbone of Automation: Global Market for Factory Automation (In US$ Billion) for Years 2023, 2025, 2027, 2029 and 2031
• Recovery of the Mining and Oil & Gas Industry to Open New Growth Opportunities for Linear Actuators
• Cautious Optimism & Attempts to Balance Risks & Opportunities Leads Mining Companies to Pursue Development of More Growth Options Through Mine Expansions: Global Mining Project Development Spending (In US$ Billion) as of the Year 2023
• Rising Energy Demand to Benefit Oil & Gas Operations & Open a Parallel Avenue of Opportunity for Linear Actuators: Global Energy Consumption (In Exajoule) for Years 2025, 2030, 2035, 2040, 2045 and 2050
• Optimistic Outlook for the Construction to Sustain Demand for Electric Linear Actuators in Construction Machinery
• Global Construction Spending (in US$ Trillion) for the Years 2020-2028
• Strong Outlook for Construction Machinery Means Increased Demand Scope for Linear Actuators: Global Market for Construction Machinery (In US$ Billion) for Years 2023, 2025, 2027, 2029 and 2031
• Smart Homes to Provide Robust Opportunities for Linear Actuators in Home Automation Systems
• Growing Number of Smart Homes Catalyzes Opportunities for Linear Actuators in Enabling Simplified & Affordable Home Comfort Automation: Global Number of Smart Home Households (Million) for the Years 2020, 2022, 2024, 2026 and 2028
• Mechanization of Agriculture: A Big Opportunity for Linear Actuators
• Focus on Crop Productivity, Increased Reliance on Automated Machines to Drive Opportunities for Linear Actuators in Agricultural Machines: Required & Current Rate of Total Factor Productivity (TFP) Growth (In %)
• Growing Investments in Autonomous Farm Equipment Bodes Well for All in the Component Value Chain Including Manufacturers of Linear Actuators (In US$ Billion) for Years 2023, 2025, 2027, 2029 and 2031
• Growing Concept of Smart Hospital & Strong Focus on Innovative Medical Devices Drive Up the Business Opportunity for Linear Actuators
• Robust Military Budgets & Spending to Spur Opportunities for Linear Actuators in Military Equipment & Devices
• Military Spending (In US$ Billion) & % Share of GDP by Country for the Year 2023
• Smart Linear Actuators Rise in Popularity. Here's Why
• Electric Linear Actuators Becomes the Actuator Technology of Choice
• Pneumatic Linear Actuators Grow in Popularity. Here's Why
• New Innovations Remain Crucial for Market Growth

FOCUS ON SELECT PLAYERS (Total 234 Featured)

• Actuonix Motion Devices Inc
• Bishop-Wisecarver Corporation
• Burr Engineering & Development Company
• Del-Tron Precision, Inc
• DUFF NORTON AUSTRALIA
• Emerson Electric, Co
• Exlar Automation
• Flowserve Corporation
• Helix Linear Technologies
• Kollmorgen Corporation
• Lin Engineering, Inc.
• LINAK A/S
• Moticont, a motion company
• Parker Hannifin Corporation
• PBC Linear
• Progressive Automation Inc.
• REGNER
• Rockwell Automation, Inc.
• Rollon Corp.
• SMC Corporation of America
• TiMOTION Technology Co. Ltd.
• Tolomatic, Inc.
• Tsubakimoto Europe B.V.
• Tusk Direct, Inc.
• Venture Manufacturing Co.

For more information about this report visit https://www.researchandmarkets.com/r/h7gvxn

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