Global Linear Actuators Market Report 2018-2022 Featuring Emerson Electric, Flowserve, LINAK, Parker Hannifin, and SMC

Dublin, Dec. 11, 2018 (GLOBE NEWSWIRE) -- The "Global Linear Actuators Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The linear actuators market will register a CAGR of over 6% by 2022.

The advent of Industry 4.0 and IoT have resulted in increasing demand for IoT enabled smart linear actuators. Functionalities such as rotary encoders, potentiometers, network switches, and controllers are being integrated into these smart actuators. Smart actuators are also being incorporated with various functions such as position feedback, switching, and system diagnostics. For instance, the Electrak Smart Linear Actuator, a smart actuator offered by Thomson Industries enables automation of facilities.

The enhanced diagnostic capabilities and controllability of this smart actuator helps in increasing efficiency and productivity. Also, the miniaturization of components achieved by smart linear actuators help in significant reduction of hardware and software costs. These factors will drive the application of smart linear actuators in material handling and domestic hospital, and office equipment.

Market Overview

Increased demand for electric linear actuators from automotive industry

Hydraulic linear actuators are the most commonly used linear actuators in the automotive industry. However fluid powered linear actuators are susceptible to chronic leaks. Thus, the automotive industry is increasingly adopting electric linear actuators as they are leak free. These actuators can also be installed easily and costs comparatively lesser than other types of linear actuators. Electric linear actuators also offer high durability, high load capacity, and high degree of environmental resistance. These factors are driving the adoption of electric linear actuators in the automotive industry and thereby boosting market growth.

High initial cost of implementation

The initial cost of electric linear actuators is very high. However, the maintenance and operating costs of these linear actuators are lesser than hydraulic and pneumatic actuators. Although the procurement cost of hydraulic and pneumatic linear actuators is low, the need to replace parts periodically increases their operational and maintenance costs. Furthermore, pneumatic linear actuators are vulnerable to pressure losses whereas hydraulic actuators are susceptible to fuel leakages. Thus, the high initial cost of implementation od linear actuators is hampering the growth of the market.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Emerson Electric, and Flowserve. Factors such as the growing demand for electric linear actuators from automotive industry, will provide considerable growth opportunities to linear actuator manufacturers.

Emerson Electric, Flowserve, LINAK, Parker Hannifin, and SMC are some of the major companies covered in this report.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 05: MARKET SIZING

• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 07: MARKET SEGMENTATION BY PRODUCT

• Segmentation by product
• Comparison by product
• Global electric linear actuators market - Market size and forecast 2017-2022
• Global hydraulic linear actuators market - Market size and forecast 2017-2022
• Global pneumatic linear actuators market - Market size and forecast 2017-2022
• Market opportunity by product

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

• Geographical segmentation
• Regional comparison
• Americas - Market size and forecast 2017-2022
• APAC- Market size and forecast 2017-2022
• EMEA- Market size and forecast 2017-2022
• Key leading countries
• US
• China
• Germany
• Japan
• France
• India
• Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 12: MARKET TRENDS

• Increasing demand for smart actuators
• Growing popularity of integrated linear actuators
• Increased applications in renewable energy management

PART 13: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 14: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Emerson Electric
• Flowserve
• LINAK
• Parker Hannifin
• SMC

PART 15: LIST OF ABBREVIATIONS

For more information about this report visit https://www.researchandmarkets.com/research/8phvpp/global_linear?w=12

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