electric actuator

  • According to a new report published by Allied Market Research, titled, "Electric Actuator Market by Type (Linear Actuator and Rotatory Actuators) and End User (Oil & Gas, Energy & Power, Automotive, Aerospace & Defense, Water & Wastewater, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026”, the global electric actuator market size was valued at $15.54 billion in 2018, and is projected to reach $28.73 billion by 2026, registering a CAGR of 6.6% from 2019 to 2026. Key Players | Emerson Electric Co., Flowserve Corporation, Curtiss-Wright Corporation, ABB and Rotork

  • An electric actuator is a mechanical device used to convert electricity into kinetic energy in either a single linear or rotary motion. An electric actuator is one kind of gear motor which converts electrical energy to mechanical torque and is responsible for controlling or moving a mechanism or system.

  • Automotive Actuators Industry By Product Type (Hydraulic Actuator, Pneumatic Actuator, Electric Actuator), and By Application (Brake Actuator, Fuel Injection Actuator, Throttle Actuator, Power Seat Actuator) - Global Market Size Analysis and Forecast 2019-2025. Global Automotive Actuators Industry was valued at USD 14.3 Billion in the year 2017. Global Automotive Actuators Industry is further estimated to grow at a CAGR of 7.85% from 2018 to reach USD 26.17 Billion by the year 2025.