High Performance Actuators Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
High-performance actuators or high-duty actuators are of two types, linear and rotary. Duty cycle is the ratio of on-time to off-time, usually expressed as a percentage. These actuators provide the best controllability and reliability for programmable motion cycles. High-performance actuators are designed for low to high force, and are capable of performing many cycles during its service life. Such high performing actuators have been employed in various equipment, machinery, and robotics.
MARKET SCOPE
The "Global High performance actuators Market Analysis to 2031" is a specialized and in-depth study of the High performance actuators market with a special focus on the global market trend analysis. The report aims to provide an overview of High performance actuators market with detailed market segmentation by type, application, and geography. The global High performance actuators market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading High performance actuators market players and offers key trends and opportunities in the High performance actuators market.
MARKET SEGMENTATION
- The global high performance actuators market is segmented on the basis of type, and application.
- On the basis of type, the market is divided into rotary, and linear.
- On the basis of application, the market is segmented on the basis of stand by industrial automation, vehicles and equipment, robotics, and others.
MARKET DYNAMICS
Drivers:
- The growth of the global high-performance actuators industry is currently driven by the development of industrial automotive sectors.
- In the industrial sector, robotics and industrial equipment are in high demand, thus requiring wide-scale use of linear and rotary actuators..
- High Initial Cost.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The high performance actuators market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the high performance actuators market in these regions.
IMPACT OF COVID-19 ON HIGH PERFORMANCE ACTUATORS MARKET
COVID-19 had an immediate impact on the worldwide high performance actuators sector due to social distancing norms and a labour shortage. As a result, new projects were cancelled and installations were postponed.
U.S., India, Brazil, China, Russia, France, the UK, Italy, and Spain are some of the major industrially strong countries that were affected severely. COVID-19 has been affecting economies and industries in numerous nations due to lockdown, tour bans, and commercial enterprise shutdowns. This affected industries utilizing high-performance actuators such as industrial automation, robotics, automotive, aerospace, military, and defense. Thus, the demand for actuators was hampered, however, this decline is expected to recover in upcoming months, as government has started relaxing norms around the world for resuming business activities.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The high performance actuators market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the high performance actuators market in these regions.
IMPACT OF COVID-19 ON HIGH PERFORMANCE ACTUATORS MARKET
COVID-19 had an immediate impact on the worldwide high performance actuators sector due to social distancing norms and a labour shortage. As a result, new projects were cancelled and installations were postponed.
U.S., India, Brazil, China, Russia, France, the UK, Italy, and Spain are some of the major industrially strong countries that were affected severely. COVID-19 has been affecting economies and industries in numerous nations due to lockdown, tour bans, and commercial enterprise shutdowns. This affected industries utilizing high-performance actuators such as industrial automation, robotics, automotive, aerospace, military, and defense. Thus, the demand for actuators was hampered, however, this decline is expected to recover in upcoming months, as government has started relaxing norms around the world for resuming business activities.
MARKET PLAYERS
The report covers key developments in the high performance actuators market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from high performance actuatorsmarket market are anticipated to lucrative growth opportunities in the future with the rising demand for high performance actuators market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the High performance actuators market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Linak
- TiMaOTION Technology Co. Ltd.
- Ewellix
- Ultra Motion
- SKF.
- ABB
- Rockwell Automation
- Altra Industrial Motion
- Moog
- SMC
- Curtis Wright.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 High Performance Actuators Market - By Type
1.3.2 High Performance Actuators Market - By Application
1.3.3 High Performance Actuators Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HIGH PERFORMANCE ACTUATORS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. HIGH PERFORMANCE ACTUATORS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. HIGH PERFORMANCE ACTUATORS MARKET - GLOBAL MARKET ANALYSIS
6.1. HIGH PERFORMANCE ACTUATORS - GLOBAL MARKET OVERVIEW
6.2. HIGH PERFORMANCE ACTUATORS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. HIGH PERFORMANCE ACTUATORS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ROTARY
7.3.1. Overview
7.3.2. Rotary Market Forecast and Analysis
7.4. LINEAR
7.4.1. Overview
7.4.2. Linear Market Forecast and Analysis
8. HIGH PERFORMANCE ACTUATORS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. INDUSTRIAL AUTOMATION
8.3.1. Overview
8.3.2. Industrial Automation Market Forecast and Analysis
8.4. VEHICLES AND EQUIPMENT
8.4.1. Overview
8.4.2. Vehicles and Equipment Market Forecast and Analysis
8.5. ROBOTICS
8.5.1. Overview
8.5.2. Robotics Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. HIGH PERFORMANCE ACTUATORS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America High Performance Actuators Market Overview
9.1.2 North America High Performance Actuators Market Forecasts and Analysis
9.1.3 North America High Performance Actuators Market Forecasts and Analysis - By Type
9.1.4 North America High Performance Actuators Market Forecasts and Analysis - By Application
9.1.5 North America High Performance Actuators Market Forecasts and Analysis - By Countries
9.1.5.1 United States High Performance Actuators Market
9.1.5.1.1 United States High Performance Actuators Market by Type
9.1.5.1.2 United States High Performance Actuators Market by Application
9.1.5.2 Canada High Performance Actuators Market
9.1.5.2.1 Canada High Performance Actuators Market by Type
9.1.5.2.2 Canada High Performance Actuators Market by Application
9.1.5.3 Mexico High Performance Actuators Market
9.1.5.3.1 Mexico High Performance Actuators Market by Type
9.1.5.3.2 Mexico High Performance Actuators Market by Application
9.2. EUROPE
9.2.1 Europe High Performance Actuators Market Overview
9.2.2 Europe High Performance Actuators Market Forecasts and Analysis
9.2.3 Europe High Performance Actuators Market Forecasts and Analysis - By Type
9.2.4 Europe High Performance Actuators Market Forecasts and Analysis - By Application
9.2.5 Europe High Performance Actuators Market Forecasts and Analysis - By Countries
9.2.5.1 Germany High Performance Actuators Market
9.2.5.1.1 Germany High Performance Actuators Market by Type
9.2.5.1.2 Germany High Performance Actuators Market by Application
9.2.5.2 France High Performance Actuators Market
9.2.5.2.1 France High Performance Actuators Market by Type
9.2.5.2.2 France High Performance Actuators Market by Application
9.2.5.3 Italy High Performance Actuators Market
9.2.5.3.1 Italy High Performance Actuators Market by Type
9.2.5.3.2 Italy High Performance Actuators Market by Application
9.2.5.4 United Kingdom High Performance Actuators Market
9.2.5.4.1 United Kingdom High Performance Actuators Market by Type
9.2.5.4.2 United Kingdom High Performance Actuators Market by Application
9.2.5.5 Russia High Performance Actuators Market
9.2.5.5.1 Russia High Performance Actuators Market by Type
9.2.5.5.2 Russia High Performance Actuators Market by Application
9.2.5.6 Rest of Europe High Performance Actuators Market
9.2.5.6.1 Rest of Europe High Performance Actuators Market by Type
9.2.5.6.2 Rest of Europe High Performance Actuators Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific High Performance Actuators Market Overview
9.3.2 Asia-Pacific High Performance Actuators Market Forecasts and Analysis
9.3.3 Asia-Pacific High Performance Actuators Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific High Performance Actuators Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific High Performance Actuators Market Forecasts and Analysis - By Countries
9.3.5.1 Australia High Performance Actuators Market
9.3.5.1.1 Australia High Performance Actuators Market by Type
9.3.5.1.2 Australia High Performance Actuators Market by Application
9.3.5.2 China High Performance Actuators Market
9.3.5.2.1 China High Performance Actuators Market by Type
9.3.5.2.2 China High Performance Actuators Market by Application
9.3.5.3 India High Performance Actuators Market
9.3.5.3.1 India High Performance Actuators Market by Type
9.3.5.3.2 India High Performance Actuators Market by Application
9.3.5.4 Japan High Performance Actuators Market
9.3.5.4.1 Japan High Performance Actuators Market by Type
9.3.5.4.2 Japan High Performance Actuators Market by Application
9.3.5.5 South Korea High Performance Actuators Market
9.3.5.5.1 South Korea High Performance Actuators Market by Type
9.3.5.5.2 South Korea High Performance Actuators Market by Application
9.3.5.6 Rest of Asia-Pacific High Performance Actuators Market
9.3.5.6.1 Rest of Asia-Pacific High Performance Actuators Market by Type
9.3.5.6.2 Rest of Asia-Pacific High Performance Actuators Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa High Performance Actuators Market Overview
9.4.2 Middle East and Africa High Performance Actuators Market Forecasts and Analysis
9.4.3 Middle East and Africa High Performance Actuators Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa High Performance Actuators Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa High Performance Actuators Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa High Performance Actuators Market
9.4.5.1.1 South Africa High Performance Actuators Market by Type
9.4.5.1.2 South Africa High Performance Actuators Market by Application
9.4.5.2 Saudi Arabia High Performance Actuators Market
9.4.5.2.1 Saudi Arabia High Performance Actuators Market by Type
9.4.5.2.2 Saudi Arabia High Performance Actuators Market by Application
9.4.5.3 U.A.E High Performance Actuators Market
9.4.5.3.1 U.A.E High Performance Actuators Market by Type
9.4.5.3.2 U.A.E High Performance Actuators Market by Application
9.4.5.4 Rest of Middle East and Africa High Performance Actuators Market
9.4.5.4.1 Rest of Middle East and Africa High Performance Actuators Market by Type
9.4.5.4.2 Rest of Middle East and Africa High Performance Actuators Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America High Performance Actuators Market Overview
9.5.2 South and Central America High Performance Actuators Market Forecasts and Analysis
9.5.3 South and Central America High Performance Actuators Market Forecasts and Analysis - By Type
9.5.4 South and Central America High Performance Actuators Market Forecasts and Analysis - By Application
9.5.5 South and Central America High Performance Actuators Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil High Performance Actuators Market
9.5.5.1.1 Brazil High Performance Actuators Market by Type
9.5.5.1.2 Brazil High Performance Actuators Market by Application
9.5.5.2 Argentina High Performance Actuators Market
9.5.5.2.1 Argentina High Performance Actuators Market by Type
9.5.5.2.2 Argentina High Performance Actuators Market by Application
9.5.5.3 Rest of South and Central America High Performance Actuators Market
9.5.5.3.1 Rest of South and Central America High Performance Actuators Market by Type
9.5.5.3.2 Rest of South and Central America High Performance Actuators Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. HIGH PERFORMANCE ACTUATORS MARKET, KEY COMPANY PROFILES
11.1. LINAK
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. TIMAOTION TECHNOLOGY CO. LTD.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EWELLIX
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ULTRA MOTION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. SKF.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ABB
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ROCKWELL AUTOMATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ALTRA INDUSTRIAL MOTION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. MOOG
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SMC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
11.11. CURTIS WRIGHT
11.11.1. Key Facts
11.11.2. Business Description
11.11.3. Products and Services
11.11.4. Financial Overview
11.11.5. SWOT Analysis
11.11.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Linak
2.TiMaOTION Technology Co. Ltd.
3.Ewellix
4.Ultra Motion
5.SKF.
6.ABB
7.Rockwell Automation
8.Altra Industrial Motion
9.Moog
10.SMC
11.Curtis Wright
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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