Report ID: SQMIG20I2398
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Actuators Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Actuators industry players.
The growth of the global actuators market rests on several key factors that further indicate the magnitude of the market's usage in industries. The increasing level of automation in areas like manufacturing, automotive, aerospace, and energy will be one of the principal drivers of growth, as actuators are fundamental to automated systems where precise control of motion and force is needed. The increasing level of industrial robots and smart factories will accelerate demand, as actuators are the elements required to create safe, accurate, and efficient operation. Also, the trend towards EVs and ADAS has increased the number of actuators utilized for braking, steering, and transmission.
According to SkyQuest Technology “Actuators Market By Motion (Linear, Rotary), By Type (Hydraulic, Pneumatic, Electric), By End-Use Industry (Aerospace & Defense, Automotive), By Region - Industry Forecast 2025-2032,” Global Actuators Market is projected to grow at a CAGR of over 7.1% by 2032, on account of urgent need for automating quantified data. The aerospace and defense sectors are also expected to be large contributors as actuators are fundamental to applications such as flight control, weapon systems, and satellites. In addition, advancements in actuators, such as miniaturization, energy efficiency, and integration with IoT and AI weapons systems will make actuators an increasingly attractive option over other technologies across an end-use industry. Finally, a global push for energy efficiency and sustainability will drive adoption and usage of electric actuators over hydraulic or pneumatic, thus creating opportunities for growth in the market.
|
Company |
Est. Year |
Headquarters |
Revenue |
Key Services |
|
Belimo Holding AG |
1975 |
Hinwil, Switzerland |
USD 944 million (2024) |
Designs, manufactures, and markets damper actuators, control valves, sensors, especially for HVAC systems |
|
Phoenix Mecano AG |
1975 |
Stein am Rhein, Switzerland |
USD 779.5 million (2024) |
Produces actuators and other industrial components; does enclosure tech, industrial components, drive/fitting technology including actuators |
|
HIWIN Technologies |
1989 |
Taichung, Taiwan |
USD 24.39 billion (2024) |
Specializes in motion control components: linear motion guides, ball screws, actuators & related precision motion systems |
|
Samson AG |
1907 |
Frankfurt am Main, Germany |
USD 30.7 billion (2024) |
Produces actuators among its product range: valves, regulators, automation systems, industrial actuating equipment |
|
Flowserve Corporation |
1997 |
Irving, Texas, USA |
USD 4.557 billion (2024) |
Provides large industrial actuators (among pumps, valves, seals) for sectors like oil & gas, power, chemicals |
|
Rotork plc |
1945 |
Bath, UK |
USD 754.4 million (2024) |
Electric, pneumatic, and hydraulic actuators for valve automation in industrial sectors |
|
Curtiss-Wright Corporation |
1927 |
Charlotte, North Carolina, USA |
USD 3.1 billion (2024) |
Aerospace & defense actuators; motion control systems; embedded computing solutions |
|
Emerson Electric Co. |
1890 |
Ferguson, Missouri, USA |
USD 17.5 billion (2024) |
Automation solutions; electric actuators; control systems for process industries |
|
Schneider Electric SE |
1836 |
Rueil-Malmaison, France |
USD 41.3 billion (2024) |
Pharmaceuticals & vaccines, companion diagnostics, biomarker‐driven drug development, diagnostics partnerships |
|
Moog Inc. |
1951 |
East Aurora, New York, USA |
USD 3.61 billion (2024) |
Precision control components; electric actuators for aerospace and industrial applications |
Founded in 1975 in Hinwil, Switzerland, Belimo Holding AG designs and manufactures actuators, control valves, and sensors for HVAC systems. The company specializes in providing energy-efficient solutions for building automation and is recognized for utilizing sophisticated electronics in a miniaturized actuator form factor. Belimo's products are designed to enhance comfort, minimize energy consumption, and accurately control environmental conditions in commercial and residential buildings.
Established in 1975 and based in Stein am Rhein, Switzerland, Phoenix Mecano AG supplies industrial components, enclosures, and drive/fitting technologies. The company's actuator business unit supplies electric and electronic actuators that serve automation applications in a variety of industries. Phoenix Mecano emphasizes a modular design, flexibility, and high quality in all its products, as it supplies actuator products to both small-sized and industrial automation systems globally.
Founded in 1989 in Taichung, Taiwan, HIWIN Technologies Corporation is a world-wide leading manufacturer of motion control and automation. The company manufacturers linear motion guides, ball screws, actuators, robotic systems, and torque motor rotary tables. HIWIN serves a diverse set of industries including industrial automation, medical devices, and aerospace, and is recognized for its precision components and advanced engineering solutions.
Samson AG, located in Frankfurt, Germany, was founded in 1907. It is a global provider of control valves, regulators, actuators, and automation systems for process industries. Samson AG emphasizes reliability, precision, and innovative control solutions in the chemical, pharmaceutical, and energy sectors around the world.
Flowserve Corporation was founded in 1997 and is headquartered in Irving, Texas, USA. Flowserve Corporation supplies pumps, valves, seals and actuators to industries such as oil and gas, power generation, and chemical processing. While Flowserve Corporation provides original equipment and aftermarket services, it focuses on the same level of reliable, high-performance actuators for critical industrial applications.
Rotork plc, founded in 1945 and based in Bath, UK, builds electric, pneumatic and hydraulic actuators that offer industrial valve automation. Rotork plc serves process industries worldwide, while providing products that improve reliability, efficiency, and safety in controlling fluid and gas flow. Rotork is also focused on integrated monitoring and intelligent actuator solutions.
Curtiss-Wright Corporation, established in 1927 and based in Charlotte, North Carolina, USA, is a prominent supplier of aerospace and defense actuators. The corporation, specializing in motion control systems, embedded computing, and precision components, supplies to markets such as aircraft, defense systems, and industrial applications.
Emerson Electric Co., founded in 1890 and headquartered in Ferguson, Missouri, USA, provides automation solutions and industrial electric actuators. The emphasis of their solutions is placed on process industries like oil & gas, chemical, and power while providing dependable and innovative technology for high precision, safety, and control of industrial processes.
Established in 1836 and based in Rueil-Malmaison, France, Schneider Electric SE is a worldwide expert in energy management and automation solutions. Schneider Electric's actuator products are widely used in building automation, energy management, and industrial automation systems. Schneider Electric emphasizes sustainability, smart technologies, and energy-efficient solutions in their actuator offerings.
Moog Inc., founded in 1951 and headquartered in East Aurora, New York, USA, is a specialist in precision motion control and electric actuators in aerospace, defense, and industrial markets. Moog Inc. provides high-performance actuators, and control systems that assure precise motion and reliability while providing safety in critical applications. Moog is well recognized for its engineering excellence, and advanced actuator innovations.
The actuators market is expected to grow steadily, as industries leverage automation, electrification, and digitization. As the range of applications grows in automotive, aerospace, defense, energy, and industrial manufacturing, actuators are becoming essential in achieving precision, efficiency, and dependability. Developments in technology, such as the use of energy-efficient designs, intelligent integration of IoT, and the development of compact yet high-quality actuators are continuously improving the market opportunity. With global demand for sustainability and advanced automation increasing, actuators will continue to play an important role in driving innovation and operational excellence across various sectors.
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