Global Electric Actuator Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

In this report, the Global Electric Actuator market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Electric Actuator market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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An electric actuator is powered by a motor that converts electrical energy into mechanical torque for moving or controlling a mechanism or system. The electrical energy is used to actuate equipment such as multi-turn valves. It is one of the cleanest and most readily available forms of actuator because it does not involve oil.
Electric actuators are sub-branch of actuators which also include hydraulic fluid pressure actuators, or pneumatic pressure actuators, etc.
The market segment by three types: Linear Electric Actuator, Multi-turn Electric Actuator and Quarter-turn Electric Actuator. The applications of Electric Actuator are Oil & Gas, General Industries, Chemical, Power and Other industries. Oil & Gas and General Industries are the main application, which accounts for about 56.51% of total consumption in 2017.
Market Analysis and Insights: Global Electric Actuator Market
In 2019, the global Electric Actuator market size was US$ 2516.7 million and it is expected to reach US$ 3390.5 million by the end of 2026, with a CAGR of 4.3% during 2021-2026.
Global Electric Actuator Scope and Market Size
Electric Actuator market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Electric Actuator market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Electric Actuator market is segmented into
Linear Electric Actuator
Multi-turn Electric Actuator
Quarter-turn Electric Actuator
Segment by Application, the Electric Actuator market is segmented into
Oil & Gas
General Industries
Chemical
Power
Others
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape and Electric Actuator Market Share Analysis
Electric Actuator market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Electric Actuator product introduction, recent developments, Electric Actuator sales by region, type, application and by sales channel.
The major companies include:
Rotork
Auma
Emerson
Flowserve
ABB
BERNARD
CDF
Xiang Long
Tefulong
Hengchun
Chuanyi Automation
SAIC
Raga
Aotuo Ke
Tomoe
PS Automation
Nihon Koso
KOEI

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