Global Electric Actuator for Industrial Machinery Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application

An electric actuator is powered by a motor that converts electrical energy into mechanical torque for moving or controlling a mechanism or system. It is one of the cleanest and most readily available forms of actuator because it does not involve oil.
This report studies the Electric Actuator for Industrial Machinery.
For the major players of Electric Actuator for Industrial Machinery, THK is estimated to maintain the first place in the ranking in 2019. Followed by SMC Corporation, IAI, LINAK and FESTO. Top 5 players are estimated to account for over 60% of the Global Electric Actuator for Industrial Machinery revenue market share in 2019.
In this study, the sales market for Electric Actuator for Industrial Machinery was divided into five geographic regions. Asia-Pacific occupied the largest sales market share with over 50% in 2019. It is followed by Europe and North America. Other regions have smaller market.

On the basis of product

type, AC Electric Actuator segment is projected to account for the largest sales volume market share during the forecast period; this segment was estimated to account for 66% share in 2019 in terms of volume.
In the applications, Industrial Manufacturing Machinery segment was estimated to account for the highest market share of 51% in 2019.

Market Analysis and Insights: Global Electric Actuator for Industrial Machinery Market
The global Electric Actuator for Industrial Machinery market size is projected to reach US$ 1411.4 million by 2026, from US$ 1166.3 million in 2020, at a CAGR of 3.2% during 2021-2026.
Global Electric Actuator for Industrial Machinery Scope and Segment
The global Electric Actuator for Industrial Machinery market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Electric Actuator for Industrial Machinery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Segment by Type, the Electric Actuator for Industrial Machinery market is segmented into
DC Electric Actuator
AC Electric Actuator
AC Electric Actuator had a market share of 64% in 2018.

Segment by Application, the Electric Actuator for Industrial Machinery market is segmented into
Heavy Machinery
Industrial Manufacturing Machinery
Other Machinery
Industrial Robot is the largest application of Electric Actuator for Industrial Machinery in Japan, with a share about 49% in 2018.

Electric Actuator for Industrial Machinery market competitive landscape provides details and data information by players. 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 revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Electric Actuator for Industrial Machinery business, the date to enter into the Electric Actuator for Industrial Machinery market, Electric Actuator for Industrial Machinery product introduction, recent developments, etc.
The major vendors covered:
THK
SMC Corporation
IAI
LINAK
FESTO
Yamaha
Ewellix
TiMOTION
Parker

Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Electric Actuator for Industrial Machinery markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Electric Actuator for Industrial Machinery market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.