Actuator Manufacturers Develop Innovative Products Like Compact Electric Actuators That Regulate Valve Pressure In Pipes.
According to MarketIntelReports' “Global Electric Actuators Market 2017-2021”:
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An actuator converts energy from one form to another. It is a machine component that needs a source of energy and control system to convert electric energy into mechanical energy.
The electromechanical actuator regulates the interaction of control systems with the environment. It is used in industries and works on the principle of converting electric voltage into mechanical motion.
The Electric Actuators Market develops innovative products like compact electric actuators that regulate the valve pressure in the pipes repeatedly. They have a robust design and are quite cost effective, as they work under low voltage.
Scope & Regional Forecast of the Electric Actuators Market
The growing demand for water and waste water management augments the demand of the Electric Actuators Market. Oil and gas industries are expected to make use of the mechanical actuator.
Investments in automation projects will enhance the growth of the market. Operational efficiency and cost benefits provide opportunities for the linear actuator control system.
The market is expected to have rapid growth by 2020. The oil and gas industry in Middle East and Africa make use of the pneumatic actuation system.
This will create a great demand for the product in future.
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North America was the largest producer of pneumatic actuator parts in 2015. Presence of many automated plants in the region is responsible for the growth.
The necessity to improve the facilities and oil and gas exploration is also another factor.
Asia Pacific has a fast growth of the automotive actuators. The demand from the upper middle class for automotive vehicles drives the growth of the electric hatch actuator in the region.
The challenges faced by the waste water industry like leakage, total cost of the ownership, aging infrastructure of the industry, safety and security will boost the growth of the Electric Actuators Market during the forecast period. Automotive actuator is used to curb the CO2 emissions from the vehicles.
Compared to hydraulic actuators, the electric actuators are cleaner and simpler. They have an energy efficient power transmission.
Segmentations & Key Players Involved in the Electric Actuators Market
- Region- Americas, APAC, and EMEA.
Some of the key players involved in the Electric Actuators Market are as follows:
- Emerson Electric
- SMC Corporation
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