Electric Actuators Market for Marine and Defense Industry in US 2024-2028

The electric actuators market for marine and defense industry in US is forecasted to grow by USD 190.84 mn during 2023-2028, accelerating at a CAGR of 5.27% during the forecast period. The report on the electric actuators market for marine and defense industry in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for aircraft and government expenditure in defense sector, increasing use of electric actuators in industrial robots and automation, and growing demand for smart actuators.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	5.15%
CAGR	5.27%
Incremental Value	$190.84mn

Technavio's electric actuators market for marine and defense industry in US is segmented as below:

By Type

Linear actuator
Rotary actuator

By Application

Vehicle and equipment
Industrial automation
Robotics

By Material

Steel
Plastic

This study identifies the new product launches by vendors as one of the prime reasons driving the electric actuators market for marine and defense industry in US growth during the next few years. Also, strategic partnerships and acquisitions and the growing popularity of integrated linear actuators will lead to sizable demand in the market.

The report on the electric actuators market for marine and defense industry in US covers the following areas:

Electric actuators market for marine and defense industry in US sizing
Electric actuators market for marine and defense industry in US forecast
Electric actuators market for marine and defense industry in US industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric actuators market for marine and defense industry in US vendors that include AMETEK Inc., Arkwin Industries Inc., AUMA Riester GmbH and Co. KG, Bray International Inc., Creative Motion Control, Curtiss Wright Corp., Emerson Electric Co., Honeywell International Inc., Kyntronics Inc., LINAK AS, Moog Inc., Parker Hannifin Corp., Rotork Plc, Schlumberger Ltd., TAMAGAWA SEIKI Co. Ltd., Thomson Industries Inc., TiMOTION Technology Co. Ltd., Triumph Group Inc., Ultra Motion LLC, and Venture Mfg Co.. Also, the electric actuators market for marine and defense industry in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR75005

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Type
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Material
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 13: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 14: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on US: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Electric actuators market for marine and defense industry in US 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on electric actuators market for marine and defense industry in US 2018 - 2022 ($ million)
4.2 Type Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Material Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Material Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
Exhibit 27: Chart on Type - Market share 2023-2028 (%)
Exhibit 28: Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Exhibit 29: Chart on Comparison by Type
Exhibit 30: Data Table on Comparison by Type
6.3 Linear actuator - Market size and forecast 2023-2028
Exhibit 31: Chart on Linear actuator - Market size and forecast 2023-2028 ($ million)
Exhibit 32: Data Table on Linear actuator - Market size and forecast 2023-2028 ($ million)
Exhibit 33: Chart on Linear actuator - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Linear actuator - Year-over-year growth 2023-2028 (%)
6.4 Rotary actuator - Market size and forecast 2023-2028
Exhibit 35: Chart on Rotary actuator - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Data Table on Rotary actuator - Market size and forecast 2023-2028 ($ million)
Exhibit 37: Chart on Rotary actuator - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Rotary actuator - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
Exhibit 39: Market opportunity by Type ($ million)
Exhibit 40: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 41: Chart on Application - Market share 2023-2028 (%)
Exhibit 42: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 43: Chart on Comparison by Application
Exhibit 44: Data Table on Comparison by Application
7.3 Vehicle and equipment - Market size and forecast 2023-2028
Exhibit 45: Chart on Vehicle and equipment - Market size and forecast 2023-2028 ($ million)
Exhibit 46: Data Table on Vehicle and equipment - Market size and forecast 2023-2028 ($ million)
Exhibit 47: Chart on Vehicle and equipment - Year-over-year growth 2023-2028 (%)
Exhibit 48: Data Table on Vehicle and equipment - Year-over-year growth 2023-2028 (%)
7.4 Industrial automation - Market size and forecast 2023-2028
Exhibit 49: Chart on Industrial automation - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Data Table on Industrial automation - Market size and forecast 2023-2028 ($ million)
Exhibit 51: Chart on Industrial automation - Year-over-year growth 2023-2028 (%)
Exhibit 52: Data Table on Industrial automation - Year-over-year growth 2023-2028 (%)
7.5 Robotics - Market size and forecast 2023-2028
Exhibit 53: Chart on Robotics - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Data Table on Robotics - Market size and forecast 2023-2028 ($ million)
Exhibit 55: Chart on Robotics - Year-over-year growth 2023-2028 (%)
Exhibit 56: Data Table on Robotics - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Application
Exhibit 57: Market opportunity by Application ($ million)
Exhibit 58: Data Table on Market opportunity by Application ($ million)

8 Market Segmentation by Material

8.1 Market segments
Exhibit 59: Chart on Material - Market share 2023-2028 (%)
Exhibit 60: Data Table on Material - Market share 2023-2028 (%)
8.2 Comparison by Material
Exhibit 61: Chart on Comparison by Material
Exhibit 62: Data Table on Comparison by Material
8.3 Steel - Market size and forecast 2023-2028
Exhibit 63: Chart on Steel - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Data Table on Steel - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Chart on Steel - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on Steel - Year-over-year growth 2023-2028 (%)
8.4 Plastic - Market size and forecast 2023-2028
Exhibit 67: Chart on Plastic - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on Plastic - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on Plastic - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Plastic - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Material
Exhibit 71: Market opportunity by Material ($ million)
Exhibit 72: Data Table on Market opportunity by Material ($ million)

9 Customer Landscape

9.1 Customer landscape overview
Exhibit 73: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 74: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 75: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 76: Overview on factors of disruption
11.4 Industry risks
Exhibit 77: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 78: Vendors covered
12.2 Market positioning of vendors
Exhibit 79: Matrix on vendor position and classification
12.3 AMETEK Inc.
Exhibit 80: AMETEK Inc. - Overview
Exhibit 81: AMETEK Inc. - Business segments
Exhibit 82: AMETEK Inc. - Key offerings
Exhibit 83: AMETEK Inc. - Segment focus
12.4 AUMA Riester GmbH and Co. KG
Exhibit 84: AUMA Riester GmbH and Co. KG - Overview
Exhibit 85: AUMA Riester GmbH and Co. KG - Product / Service
Exhibit 86: AUMA Riester GmbH and Co. KG - Key offerings
12.5 Bray International Inc.
Exhibit 87: Bray International Inc. - Overview
Exhibit 88: Bray International Inc. - Product / Service
Exhibit 89: Bray International Inc. - Key offerings
12.6 Creative Motion Control
Exhibit 90: Creative Motion Control - Overview
Exhibit 91: Creative Motion Control - Product / Service
Exhibit 92: Creative Motion Control - Key offerings
12.7 Curtiss Wright Corp.
Exhibit 93: Curtiss Wright Corp. - Overview
Exhibit 94: Curtiss Wright Corp. - Business segments
Exhibit 95: Curtiss Wright Corp. - Key offerings
Exhibit 96: Curtiss Wright Corp. - Segment focus
12.8 Emerson Electric Co.
Exhibit 97: Emerson Electric Co. - Overview
Exhibit 98: Emerson Electric Co. - Business segments
Exhibit 99: Emerson Electric Co. - Key news
Exhibit 100: Emerson Electric Co. - Key offerings
Exhibit 101: Emerson Electric Co. - Segment focus
12.9 Honeywell International Inc.
Exhibit 102: Honeywell International Inc. - Overview
Exhibit 103: Honeywell International Inc. - Business segments
Exhibit 104: Honeywell International Inc. - Key news
Exhibit 105: Honeywell International Inc. - Key offerings
Exhibit 106: Honeywell International Inc. - Segment focus
12.10 LINAK AS
Exhibit 107: LINAK AS - Overview
Exhibit 108: LINAK AS - Product / Service
Exhibit 109: LINAK AS - Key offerings
12.11 Moog Inc.
Exhibit 110: Moog Inc. - Overview
Exhibit 111: Moog Inc. - Business segments
Exhibit 112: Moog Inc. - Key offerings
Exhibit 113: Moog Inc. - Segment focus
12.12 Parker Hannifin Corp.
Exhibit 114: Parker Hannifin Corp. - Overview
Exhibit 115: Parker Hannifin Corp. - Business segments
Exhibit 116: Parker Hannifin Corp. - Key news
Exhibit 117: Parker Hannifin Corp. - Key offerings
Exhibit 118: Parker Hannifin Corp. - Segment focus
12.13 Rotork Plc
Exhibit 119: Rotork Plc - Overview
Exhibit 120: Rotork Plc - Business segments
Exhibit 121: Rotork Plc - Key offerings
Exhibit 122: Rotork Plc - Segment focus
12.14 Schlumberger Ltd.
Exhibit 123: Schlumberger Ltd. - Overview
Exhibit 124: Schlumberger Ltd. - Business segments
Exhibit 125: Schlumberger Ltd. - Key news
Exhibit 126: Schlumberger Ltd. - Key offerings
Exhibit 127: Schlumberger Ltd. - Segment focus
12.15 TAMAGAWA SEIKI Co. Ltd.
Exhibit 128: TAMAGAWA SEIKI Co. Ltd. - Overview
Exhibit 129: TAMAGAWA SEIKI Co. Ltd. - Product / Service
Exhibit 130: TAMAGAWA SEIKI Co. Ltd. - Key offerings
12.16 Thomson Industries Inc.
Exhibit 131: Thomson Industries Inc. - Overview
Exhibit 132: Thomson Industries Inc. - Product / Service
Exhibit 133: Thomson Industries Inc. - Key offerings
12.17 TiMOTION Technology Co. Ltd.
Exhibit 134: TiMOTION Technology Co. Ltd. - Overview
Exhibit 135: TiMOTION Technology Co. Ltd. - Product / Service
Exhibit 136: TiMOTION Technology Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 137: Inclusions checklist
Exhibit 138: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 139: Currency conversion rates for US$
13.4 Research methodology
Exhibit 140: Research methodology
Exhibit 141: Validation techniques employed for market sizing
Exhibit 142: Information sources
13.5 List of abbreviations
Exhibit 143: List of abbreviations