Global Mechanical Actuators Market 2017-2021

Overview of the global mechanical actuators market

Market research analysts at Technavio predict that the mechanical actuators market will grow steadily at a CAGR of more than 2% by 2021. The capability of these actuators to handle heavy loads and their easy maintenance are the primary factors that will have a positive influence on the growth of this market. Mechanical actuators can be used for an extensive range of applications in the discrete and process industries. These actuators have the ability to handle heavy loads, and the amount of thrust capacity they generate depends on their size and rating. Although the wear and tear are common in any actuator, the maintenance of mechanical actuators is easy, as there is no need to change the hydraulic fluid used or compress the air. The avoidance of leakages makes maintenance of mechanical actuators easier. The area of applications of these actuators include load lifting mechanisms, mainly in the shipbuilding, water and wastewater treatment, and defense and aerospace industries.

In terms of geographic regions, the Americas accounted for the major shares of the mechanical actuators market during 2016. However, APAC will lead the market by the end of the forecast period due to the increased investments in the aerospace and defense sector and power and petrochemicals industries in countries such as India. Moreover, the adoption of smart manufacturing in industries in China, India, Taiwan, Singapore, and South Korea will also propel the market's growth in APAC.

Competitive landscape and key vendors  

The mechanical actuators market is highly fragmented due to the presence of numerous established players. The competition in this market is high and this makes it difficult for new players to enter this marketspace. Most of the vendors serve the end-user market with linear mechanical actuators, as these are used more commonly than rotary mechanical actuators.

The leading vendors in the market are ?

• Duff-Norton
• Emerson
• Moog
• Rotork
• Val-Matic   

The other prominent vendors in the market are Tolomatic, TiMOTION, Warner Linear, Sonceboz, Aerotech, Thomson, Physik Instrumente (PI), Venture, Exlar Actuation Solutions, Varedan Technologies, REXA, and ENERPAC.

Segmentation by type and analysis of the mechanical actuators market

• Linear mechanical actuators
• Rotary mechanical actuators

During 2016, the linear mechanical actuators segment accounted for the major shares of the mechanical actuators market. The growth of this market segment is mainly driven by the wide usage of actuators in the aerospace and defense, marine, and automobile industries. Moreover, the establishment of numerous manufacturing hubs in countries such as Singapore, Taiwan, and India also accelerates the growth of this market segment.

Segmentation by end-user and analysis of the mechanical actuators market

• Water and wastewater treatment industry
• Aerospace and defense industry
• Marine industry
• Manufacturing industry

According to this market research report, the water and wastewater treatment segment accounted for the maximum shares of the mechanical actuators market during 2016. This segment will retain its lead during the next four years due to the increasing usage of mechanical actuators in the water and wastewater industry for wash water return-valves, filter flow control valves, filter backlash valves, and sludge valves.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global mechanical actuators market?
• What are the key market trends impacting the growth of the global mechanical actuators market?
• What are the challenges to market growth?
• Who are the key vendors in the global mechanical actuators market?
• What are the market opportunities and threats faced by the vendors in the global mechanical actuators market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global mechanical actuators market?

Technavio also offers customization on reports based on specific client requirement.

This impending market research report on the global mechanical actuators market is an integral part of Technavio's industrial automation portfolio and offers key insights into the market space for the automation sector. The report also provides insights into the changing competitive scenario and gives clients a holistic view of the future direction of the industry by considering the emerging markets as well as the growth potential of established suppliers in the market.

Additionally, by implementing an extensive research approach of primary and secondary research and assessing the changing demand-supply landscape of the automation sector, the upcoming market research report on the mechanical actuators market offers insights into the key market drivers, trends, and eminent market challenges that will influence the growth of the key suppliers in this market space.

This industry research report on the mechanical actuators market also takes into account the growth of related markets like the global motorized control valves market, which is anticipated to post an impressive CAGR of above 4% during the forecast period.  Moreover, this upcoming market research report also covers vendors like Tolomatic, Timotion, Varedan, Deltron Precision, Aerotech, Thomson, Warner Linear, Sonceboz, Altra, Pi, Venture, Exlar, and Rexa.

The upcoming industry report on the mechanical actuators market also offers insights into fast-growing segments within the industrial automation industry, including sectors like robotics. Technavio's insightful market research reports also offer insights on the market size, forecast, trends, and industry analysis to help clients build effective growth strategies.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.