The Electric Rotary Actuator market research report covers a worldwide outlook of the industry with specifically studying the manufacturers/ key market players. The historical, current, and forecast sales data provided in the report highlights the market's latest trends and future growth scope. The upcoming trends and anticipated risk factors of the market are also covered in the report giving the holistic prospective of the market. The segmentation by type and application is studied at the country level for the study period 2022 to 2028.
As the global economy mends, the 2021 growth of Electric Rotary Actuator will have significant change from previous year. According to this latest study, the global Electric Rotary Actuator market size is USD million in 2022 from USD million in 2021, with a change of % between 2021 and 2022. The global Electric Rotary Actuator market size will reach USD million in 2028, growing at a CAGR of % over the analysis period.
The United States Electric Rotary Actuator market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Electric Rotary Actuator market, reaching US$ million by the year 2028. As for the Europe Electric Rotary Actuator landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Electric Rotary Actuator players cover ABB Measurement & Analytics, ASCON TECNOLOGIC S.r.l, BENZ GmbH Werkzeugsysteme, and Elcom, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Rotary Actuator market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
- Part-Turn Electric Actuator
- Multi-Turn Electric Actuator
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
- Auto Industry
- Medical Industry
- Furniture Industry
- Robot Industry
- Material Handling Industry
- Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
- ABB Measurement & Analytics
- ASCON TECNOLOGIC S.r.l
- BENZ GmbH Werkzeugsysteme
- Elcom
- EXLAR
- Festo
- Halstrup-walcher GmbH
- Hansen Corporation
- IntelLiDrives, Inc.
- Iskra Mehanizmi
- Lika Electronic
- NBK (Nabeya Bi-tech Kaisha)
- ORIENTAL MOTOR
- PHT Vertex Precision Components Corporation
- PSK Ingenieurgesellschaft
- Shanghai Electric Heavy Machinery Co., Ltd.
- Shenzhen Casic Motor System Co., Ltd.
- SIKO GmbH
- SMAC Moving Coil Actuators
- SMS - TORK
- SONCEBOZ
- SPINEA
- Technai Team S.p.A.
- WITTENSTEIN SE
- Wuxi Booshiwheel Power Technology Co., Ltd.