PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1816002
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1816002
The global actuators market is expected to be valued at USD 71.22 billion in 2025 and USD 100.41 billion in 2030, registering a CAGR of 7.1% during the forecast period. Actuators are key enablers of motion and control across various sectors, such as industrial automation, automotive, aerospace, energy, and robotics. The actuator technology enables automation, performance optimization, and enhanced operational efficiency by converting energy into precise mechanical motion.
Scope of the Report | |
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Years Considered for the Study | 2021-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Billion) |
Segments | By Actuation, Type, Application, Vertical and Region |
Regions covered | North America, Europe, APAC, RoW |
The integration of smart actuators with sensors, IoT connectivity, and predictive maintenance capabilities further amplifies their value, making them a cornerstone of Industry 4.0 and smart infrastructure. The shift toward electric actuators is driven by sustainability goals, energy efficiency, and reduced maintenance costs. This accelerates the adoption of actuators, particularly in automotive electrification and renewable energy system applications. Its alignment with digital transformation and industrial automation initiatives strengthens competitiveness, as organizations increasingly leverage actuator technologies for intelligent, efficient, and data-driven operations.
"Hydraulic actuation segment held the second-largest share of the actuators market in 2024"
The hydraulic actuation segment captured the second-largest share of the actuators market in 2024, primarily due to their ability to generate extremely high force and torque, making them indispensable in heavy-duty industrial, construction, aerospace, and defense applications. Hydraulic systems can efficiently handle large loads with high precision and reliability, especially in environments that demand rugged performance under extreme pressures and conditions. Their widespread use in oil & gas, mining, marine, and heavy machinery sectors contributes to steady demand. However, they are often considered less energy-efficient, bulkier, and require more maintenance than electric actuators, limiting their dominance.
"By vertical, the electronics & electrical segment is expected to witness highest CAGR during the forecast period"
The electronics and electrical vertical is emerging as the fastest-growing end user in the actuators market due to the rapid expansion of automation, miniaturization, and the increasing integration of advanced motion-control systems in consumer electronics, semiconductors, and data storage devices. Electronics manufacturing requires high precision, repeatability, and speed-qualities that actuators are uniquely positioned to deliver, particularly in applications such as robotic arms for PCB assembly, wafer handling in semiconductor fabs, and micro-positioning in optics and displays. Furthermore, the rising demand for smartphones, IoT devices, EV batteries, and 5G infrastructure drives large-scale production, pushing manufacturers to adopt more efficient, automated systems where actuators are core components.
"Middle East is likely to be the fastest-growing region in the actuators market from 2025 to 2030"
The Middle East is expected to witness the fastest growth rate in the actuators market during the forecast period due to expanding infrastructure projects and the increasing investment in automation technologies. Governments in these regions push for economic diversification, particularly in the Middle East, where oil-dependent economies invest heavily in manufacturing, renewable energy, and smart infrastructure that rely on advanced actuators for efficiency and control.
The actuators market is dominated by a few globally established players, such as Emerson Electric Co. (US), PARKER HANNIFIN CORP (US), ABB (Switzerland), Rockwell Automation (US), and SMC Corporation (Japan). The study includes an in-depth competitive analysis of these key players in the actuators market and their company profiles, recent developments, and key market strategies.
The report segments the actuators market and forecasts its size by actuation, application, type, vertical, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions-North America, Europe, Asia Pacific, and RoW. A supply chain analysis has been included in the report, along with the key players and their competitive analysis of the actuators ecosystem.