Electric Actuators Market

By Product Type;

Rotary Actuator, Linear Actuator and Hybrid Actuator

By End-Use;

Oil & Gas, Agriculture, Food & Beverages, Aerospace & Defense, Automotive, Energy and Others

By Distribution Channel;

Direct Sales and Indirect Sales

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn022261703 Published Date: September, 2025 Updated Date: October, 2025

Electric Actuators Market Overview

Electric Actuators Market (USD Million)

Electric Actuators Market was valued at USD 1,163.02 million in the year 2024. The size of this market is expected to increase to USD 1,725.78 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.


Electric Actuators Market

*Market size in USD million

CAGR 5.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 1,163.02 Million
Market Size (2031)USD 1,725.78 Million
Market ConcentrationMedium
Report Pages306
1,163.02
2024
1,725.78
2031

Major Players

  • ABB Ltd.
  • Emerson Electric Co.
  • General Electric Co.
  • LINAK AS
  • Moog Inc.
  • Parker Hannifin Corp.
  • Rotork Plc
  • Siemens AG
  • SMC Corp.
  • Toshiba Corp.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Electric Actuators Market

Fragmented - Highly competitive market without dominant players


The Electric Actuators Market is witnessing rapid expansion with industries embracing advanced automation. Around 60% of automated operations now rely on electric actuators due to their precision, durability, and ease of integration. These systems are proving to be indispensable for boosting productivity and ensuring consistent performance across various applications.

Focus on Sustainable Operations
Growing preference for energy-saving technologies is a major factor driving market growth. Nearly 48% of companies are implementing electric actuators to reduce energy usage while maintaining operational efficiency. By offering a cleaner alternative to hydraulic and pneumatic systems, they align well with sustainability goals and modern industrial standards.

Smart Features Enhancing Value
Technological progress in actuator engineering is fueling adoption. Over 42% of innovative launches integrate advanced features like IoT connectivity, smart monitoring, and variable control. These capabilities deliver higher performance, predictive diagnostics, and extended service life, making electric actuators increasingly vital in evolving industrial ecosystems.

Broad Utilization Across Industries
The versatility of electric actuators has solidified their presence in robotics, transportation, and high-precision sectors. They currently represent 68% of motion-control solutions due to their ability to provide quiet operations, adaptable performance, and reliable force delivery. Their role in supporting industrial automation continues to expand significantly.

Positive Outlook for Market Growth
The electric actuators market is set for robust growth as automation and digital transformation accelerate. Approximately 55% of new industrial projects are already incorporating electric actuator technologies. With ongoing advancements and efficiency-driven demands, these solutions are positioned to play a key role in the future of smart manufacturing.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By End-Use
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Electric Actuators Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Industrial Automation
        2. Technological Advancements
      2. Restraints
        1. High Initial Investment Costs
        2. Technical Challenges and Complexity
      3. Opportunities
        1. Emerging Industrial Applications
        2. Focus on Energy Efficiency
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Electric Actuators Market, By Product Type, 2021 - 2031 (USD Million)
      1. Rotary Actuator
      2. Linear Actuator
      3. Hybrid Actuator
    2. Electric Actuators Market, By End-Use, 2021 - 2031 (USD Million)
      1. Oil & Gas
      2. Agriculture
      3. Food & Beverages
      4. Aerospace & Defence
      5. Automotive
      6. Energy
      7. Others
    3. Electric Actuators Market, By Distribution Channel, 2021 - 2031 (USD Million)

      1. `Direct Sales

      2. Indirect Sales

    4. Electric Actuators Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ABB Ltd
      2. Actuonix Motion Devices Inc.
      3. AUMA Riester GmbH & Co. KG
      4. Curtiss-Wright Corporation
      5. Emerson Electric Co.
      6. Flowserve Corporation
      7. General Electric Co.
      8. HanKun Beijing Fluid Control Technology Co. Ltd.
      9. IMI plc
      10. LINAK A/S
      11. Moog Inc.
      12. Parker Hannifin Corporation
      13. Pon Holdings BV
      14. Rotork plc
      15. Schaeffler AG
  7. Analyst Views
  8. Future Outlook of the Market