Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Actuators Market Research Report - Forecast to 202
Actuators Market 2018
Actuators Market 2018 is latest research report by MarketResearchFuture, the global Actuators
market is expected to Register High Growth Rate during 2018 To 2025. Report analyzes
Actuators Market Key Companies with Size, Share, Trends analysis, and Key Country Forecast to
2025. Actuators Market Information is segmented by Type (Pneumatic Actuators, Hydraulic
Actuators, Electric Actuators and Mechanical Actuators), By End-User (Automotive, Oil & Gas,
Aerospace & Defence, Pharmaceutical, Power, Food & Beverages, Chemicals, Water &
Wastewater and Mining & Metals) by Region (Americas, Europe, Asia Pacific and Middle East &
Africa) - Global Forecast to 2025.
The Key Players of Global Actuators Market Are:
Cameron, a Schlumberger company (U.S.), Eaton Corporation plc (Ireland), The Emerson Electric
Company (U.S.), Festo AG & Co. KG (Germany), Flowserve Corporation (U.S.), Honeywell
International Inc. (U.S.), KITZ Corporation (Japan), Rotork plc. (Japan), SAMSON AG (Germany),
and SMC Corporation (Japan).
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Market Scenario
An actuator is an equipment, which converts energy into motion. It is basically used to apply a
force on an entity to perform various mechanical operations. It is characteristically a
mechanical device that takes energy, created by compressed air, electricity or liquid and
converts it into various kind of motion, such as linear and rotary. Actuators usually are used in
industrial or manufacturing applications and are used in devices such as switches, motor, valves
and pumps.
The actuators market is majorly driven by the factors such as a rise in the number of aircraft
carriers, continuous growth in the global automotive industry, and technological advancements
in actuators is propelling the market growth. Also, the growing industrial base in Asia Pacific
region has a positive influence on the growth of the market. The actuators market may witness
hindrances in growth due to costing of the actuators. Also, power consumption, noise, and
leaks are the major challenges faced by the actuators in current market.
Hydraulic, pneumatic, and electric actuators are called “conventional” because the majority of
robotic and automated mechanical systems use them. The wide application of conventional
actuators across major end-use sector is creating a scope for innovation through constructive
research & development program undertaken by major players in the industry. Lately,
developments in material technology have presented lightweight and strong substances,