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.
The report offers detailed coverage of Electric Actuator industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Electric Actuator by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Electric Actuator market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Electric Actuator market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Rotork
Auma
Flowserve
ABB
Emerson
BERNARD
CDF
Xiang Long
Tefulong
Hengchun
Chuanyi Automation
SAIC
Raga
Aotuo Ke
Tomoe
PS Automation
Nihon Koso
KOEI
Zhonghuan TIG
At the same time, we classify Electric Actuator according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Multi-turn Electric Actuator
Part-Turn Electric Actuator
Linear Electric Actuator
Market by Application
Power industry
Oil&Gas industry
Chemical industry
General Industries
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Electric Actuator market for the forecast period 2021 - 2025?
• What are the driving forces in the Electric Actuator market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Electric Actuator industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?