PUBLISHER: KBV Research | PRODUCT CODE: 1431119
PUBLISHER: KBV Research | PRODUCT CODE: 1431119
North America Linear Actuator Market Size, Share & Trends Analysis Report By Operation Mechanism, By End Use, By Country and Growth Forecast, 2023 - 2030
The North America Linear Actuator Market would witness market growth of 5.6% CAGR during the forecast period (2023-2030).
Sensors generate feedback based on the data they collect. This feedback loop is invaluable for linear actuators, providing information on the actuator's position, speed, and force. The actuator can adjust its behavior based on this feedback, ensuring precise and adaptive movements. Sensors enable condition monitoring of linear actuators, helping to assess their health and predict maintenance needs. This proactive approach to maintenance minimizes downtime and extends the lifespan of the actuators.
Additionally, a notable trend is the demand for customizable and versatile linear actuators. In response to the varying demands of industries, manufacturers are introducing customizable actuators to suit particular purposes, thereby granting enhanced adaptability in both design and execution. Manufacturers respond to industry demands by offering linear actuators with customizable performance characteristics. This includes modifying parameters like speed, force, and stroke length to suit specific application requirements. Customizable linear actuators often come with various mounting options, allowing engineers and designers to select configurations seamlessly integrating with their systems. This adaptability in mounting enhances the ease of installation and integration into diverse setups.
Moreover, advancements in magnetostrictive and piezoelectric technologies are expanding the possibilities for linear actuators. These technologies offer high precision and responsiveness, making them suitable for applications requiring extremely fine movements and control, such as in medical devices and nanotechnology. Magnetostrictive linear actuators provide exceptionally high precision in movement. The ability to translate small changes in the magnetic field into precise linear displacement makes them ideal for applications requiring accuracy at the micro or even nanoscale. The responsiveness of magnetostrictive actuators is a standout feature. The ability to promptly and precisely adapt to variations in the magnetic field enables dynamic modifications, rendering them well-suited for tasks that necessitate rigorous control specifications.
The healthcare sector in Mexico underwent a phase of modernization, with an increased focus on upgrading and expanding healthcare facilities. This modernization drive involved incorporating advanced technologies, including linear actuators, in various medical equipment and systems. The demand for advanced medical devices that require precise and controlled movement contributed to the expansion of linear actuators in Mexico's healthcare sector. Linear actuators found applications in patient handling, diagnostic equipment, and robotic-assisted surgery systems. Thus, rising healthcare and energy sectors in North America will boost the demand for linear actuators in the region.
The US market dominated the North America Others Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $448.1 Million by 2030. The Canada market is registering witness a CAGR of 8.9% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 8.2% during (2023 - 2030).
Based on Operation Mechanism, the market is segmented into Electric, Pneumatic, Hydraulic, and Others. Based on End Use, the market is segmented into Automotive, Construction, Energy & Mining, Healthcare, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Emerson Electric Co.
- Rockwell Automation, Inc.
- Parker Hannifin Corporation
- Bosch Rexroth AG (Robert Bosch GmbH)
- SMC Corporation
- AB SKF
- Flowserve Corporation
- LINAK A/S
- HepcoMotion Ltd.
- Thomson Industries, Inc.
North America Linear Actuator Market Report Segmentation
By Operation Mechanism
- Electric
- Pneumatic
- Hydraulic
- Others
By End Use
- Automotive
- Construction
- Energy & Mining
- Healthcare
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Linear Actuator Market, by Operation Mechanism
- 1.4.2 North America Linear Actuator Market, by End Use
- 1.4.3 North America Linear Actuator Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Linear Actuator Market
Chapter 5. North America Linear Actuator Market, by Operation Mechanism
- 5.1 North America Electric Market, by Country
- 5.2 North America Pneumatic Market, by Country
- 5.3 North America Hydraulic Market, by Country
- 5.4 North America Others Market, by Country
Chapter 6. North America Linear Actuator Market, by End Use
- 6.1 North America Automotive Market, by Country
- 6.2 North America Construction Market, by Country
- 6.3 North America Energy & Mining Market, by Country
- 6.4 North America Healthcare Market, by Country
- 6.5 North America Others Market, by Country
Chapter 7. North America Linear Actuator Market, by Country
- 7.1 US Linear Actuator Market
- 7.1.1 US Linear Actuator Market, by Operation Mechanism
- 7.1.2 US Linear Actuator Market, by End Use
- 7.2 Canada Linear Actuator Market
- 7.2.1 Canada Linear Actuator Market, by Operation Mechanism
- 7.2.2 Canada Linear Actuator Market, by End Use
- 7.3 Mexico Linear Actuator Market
- 7.3.1 Mexico Linear Actuator Market, by Operation Mechanism
- 7.3.2 Mexico Linear Actuator Market, by End Use
- 7.4 Rest of North America Linear Actuator Market
- 7.4.1 Rest of North America Linear Actuator Market, by Operation Mechanism
- 7.4.2 Rest of North America Linear Actuator Market, by End Use
Chapter 8. Company Profiles
- 8.1 Emerson Electric Co.
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expense
- 8.1.5 Recent strategies and developments:
- 8.1.5.1 Acquisition and Mergers:
- 8.1.6 SWOT Analysis
- 8.2 Rockwell Automation, Inc.
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 Recent strategies and developments:
- 8.2.5.1 Partnerships, Collaborations, and Agreements:
- 8.2.6 SWOT Analysis
- 8.3 Parker Hannifin Corporation
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Acquisition and Mergers:
- 8.3.6 SWOT Analysis
- 8.4 Bosch Rexroth AG (Robert Bosch GmbH)
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expense
- 8.4.5 Recent strategies and developments:
- 8.4.5.1 Acquisition and Mergers:
- 8.4.6 SWOT Analysis
- 8.5 SMC Corporation
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Research & Development Expenses
- 8.5.4 Recent strategies and developments:
- 8.5.4.1 Product Launches and Product Expansions:
- 8.5.5 SWOT Analysis
- 8.6 AB SKF
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expenses
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Partnerships, Collaborations, and Agreements:
- 8.6.6 SWOT Analysis
- 8.7 Flowserve Corporation
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expense
- 8.7.5 SWOT Analysis
- 8.8 LINAK A/S
- 8.8.1 Company Overview
- 8.8.2 Recent strategies and developments:
- 8.8.2.1 Product Launches and Product Expansions:
- 8.8.3 SWOT Analysis
- 8.9 HepcoMotion Ltd.
- 8.9.1 Company Overview
- 8.9.2 SWOT Analysis
- 8.10. Thomson Industries, Inc.
- 8.10.1 Company Overview
- 8.10.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Linear Actuator Market, 2019 - 2022, USD Million
- TABLE 2 North America Linear Actuator Market, 2023 - 2030, USD Million
- TABLE 3 North America Linear Actuator Market, by Operation Mechanism, 2019 - 2022, USD Million
- TABLE 4 North America Linear Actuator Market, by Operation Mechanism, 2023 - 2030, USD Million
- TABLE 5 North America Electric Market, by Country, 2019 - 2022, USD Million
- TABLE 6 North America Electric Market, by Country, 2023 - 2030, USD Million
- TABLE 7 North America Pneumatic Market, by Country, 2019 - 2022, USD Million
- TABLE 8 North America Pneumatic Market, by Country, 2023 - 2030, USD Million
- TABLE 9 North America Hydraulic Market, by Country, 2019 - 2022, USD Million
- TABLE 10 North America Hydraulic Market, by Country, 2023 - 2030, USD Million
- TABLE 11 North America Others Market, by Country, 2019 - 2022, USD Million
- TABLE 12 North America Others Market, by Country, 2023 - 2030, USD Million
- TABLE 13 North America Linear Actuator Market, by End Use, 2019 - 2022, USD Million
- TABLE 14 North America Linear Actuator Market, by End Use, 2023 - 2030, USD Million
- TABLE 15 North America Automotive Market, by Country, 2019 - 2022, USD Million
- TABLE 16 North America Automotive Market, by Country, 2023 - 2030, USD Million
- TABLE 17 North America Construction Market, by Country, 2019 - 2022, USD Million
- TABLE 18 North America Construction Market, by Country, 2023 - 2030, USD Million
- TABLE 19 North America Energy & Mining Market, by Country, 2019 - 2022, USD Million
- TABLE 20 North America Energy & Mining Market, by Country, 2023 - 2030, USD Million
- TABLE 21 North America Healthcare Market, by Country, 2019 - 2022, USD Million
- TABLE 22 North America Healthcare Market, by Country, 2023 - 2030, USD Million
- TABLE 23 North America Others Market, by Country, 2019 - 2022, USD Million
- TABLE 24 North America Others Market, by Country, 2023 - 2030, USD Million
- TABLE 25 North America Linear Actuator Market, by Country, 2019 - 2022, USD Million
- TABLE 26 North America Linear Actuator Market, by Country, 2023 - 2030, USD Million
- TABLE 27 US Linear Actuator Market, 2019 - 2022, USD Million
- TABLE 28 US Linear Actuator Market, 2023 - 2030, USD Million
- TABLE 29 US Linear Actuator Market, by Operation Mechanism, 2019 - 2022, USD Million
- TABLE 30 US Linear Actuator Market, by Operation Mechanism, 2023 - 2030, USD Million
- TABLE 31 US Linear Actuator Market, by End Use, 2019 - 2022, USD Million
- TABLE 32 US Linear Actuator Market, by End Use, 2023 - 2030, USD Million
- TABLE 33 Canada Linear Actuator Market, 2019 - 2022, USD Million
- TABLE 34 Canada Linear Actuator Market, 2023 - 2030, USD Million
- TABLE 35 Canada Linear Actuator Market, by Operation Mechanism, 2019 - 2022, USD Million
- TABLE 36 Canada Linear Actuator Market, by Operation Mechanism, 2023 - 2030, USD Million
- TABLE 37 Canada Linear Actuator Market, by End Use, 2019 - 2022, USD Million
- TABLE 38 Canada Linear Actuator Market, by End Use, 2023 - 2030, USD Million
- TABLE 39 Mexico Linear Actuator Market, 2019 - 2022, USD Million
- TABLE 40 Mexico Linear Actuator Market, 2023 - 2030, USD Million
- TABLE 41 Mexico Linear Actuator Market, by Operation Mechanism, 2019 - 2022, USD Million
- TABLE 42 Mexico Linear Actuator Market, by Operation Mechanism, 2023 - 2030, USD Million
- TABLE 43 Mexico Linear Actuator Market, by End Use, 2019 - 2022, USD Million
- TABLE 44 Mexico Linear Actuator Market, by End Use, 2023 - 2030, USD Million
- TABLE 45 Rest of North America Linear Actuator Market, 2019 - 2022, USD Million
- TABLE 46 Rest of North America Linear Actuator Market, 2023 - 2030, USD Million
- TABLE 47 Rest of North America Linear Actuator Market, by Operation Mechanism, 2019 - 2022, USD Million
- TABLE 48 Rest of North America Linear Actuator Market, by Operation Mechanism, 2023 - 2030, USD Million
- TABLE 49 Rest of North America Linear Actuator Market, by End Use, 2019 - 2022, USD Million
- TABLE 50 Rest of North America Linear Actuator Market, by End Use, 2023 - 2030, USD Million
- TABLE 51 Key Information - Emerson Electric Co.
- TABLE 52 Key Information - Rockwell Automation, Inc.
- TABLE 53 Key Information - Parker Hannifin Corporation
- TABLE 54 Key Information - Bosch Rexroth AG
- TABLE 55 Key Information - SMC Corporation
- TABLE 56 Key Information -AB SKF
- TABLE 57 Key Information - Flowserve Corporation
- TABLE 58 Key Information - LINAK A/S
- TABLE 59 Key Information - HepcoMotion Ltd.
- TABLE 60 Key Information - Thomson Industries, Inc.
