Electric
Actuators Market will register a CAGR of % during 2020-2024. The
market’s growth momentum will Accelerate.
growing demand for commercial and defense aircraft will be one of the major
factors driving the growth of this market. Additionally, key Electric Actuators
Market trends such as the increased benefits of electric actuator over
hydraulic or pneumatic actuator will also influence market growth during the
forecast period.
Electric Actuators Market Size
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growth and the market share of various regions
During the forecast period, the Electric Actuators Market size will grow by
USD 843.86 mn.
Electric Actuators Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of
competition among the companies in this market space will intensify further.
are some of the major companies in the Electric Actuators Market. Though the
forecast period offers opportunities for vendors to increase their market
share, factors such as the will also challenge the growth of the
companies.
ABB Ltd. | Emerson Electric Co. | General Electric Co. | LINAK AS | Moog
Inc. | Parker Hannifin Corp. | Rotork Plc | Siemens AG | SMC Corp. | Toshiba
Corp..list
are some of the companies covered in Technavio’s Electric Actuators Market
report for 2020-2024.
Electric Actuators Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key
markets. The regional level analysis also identifies the market share, growth
momentum, and key leading countries in the Electric Actuators Market.
The APAC will account for the largest Electric Actuators Market share
and during 2020-2024, the region will contribute to 46% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Electric
Actuators Market report also analyzes the market by Automotive industry | Water and
wastewater industry | Marine industry | Aerospace and defense industry | Others
| APAC | Europe | North America | MEA | South America | linear actuators |
rotary actuators.comma
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your specific requirements.
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