Industrial Actuator Market

By Type;

Hydraulic Actuators, Pneumatic Actuators

By End-User Industry;

Manufacturing, Oil & Gas

By Applications;

Valve Actuators, Linear Actuators

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn448879135 Published Date: September, 2025 Updated Date: October, 2025

Industrial Actuator Market Overview

Industrial Actuator Market (USD Million)

Industrial Actuator Market was valued at USD 41,405.73 million in the year 2024. The size of this market is expected to increase to USD 60,619.97 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.


Industrial Actuator Market

*Market size in USD million

CAGR 5.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.6 %
Market Size (2024)USD 41,405.73 Million
Market Size (2031)USD 60,619.97 Million
Market ConcentrationMedium
Report Pages345
41,405.73
2024
60,619.97
2031

Major Players

  • ABB Ltd.
  • Emerson Electric Co.
  • Siemens AG
  • Rotork plc
  • Parker Hannifin Corporation
  • Schneider Electric SE
  • Honeywell International Inc.
  • Mitsubishi Electric Corporation
  • Johnson Controls International plc
  • SMC Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Industrial Actuator Market

Fragmented - Highly competitive market without dominant players


The Industrial Actuator Market plays a critical role in automating industrial operations by converting energy into mechanical motion, ensuring efficiency and precision across industries. Adoption of industrial actuators has grown by nearly 30%, as industries increasingly integrate automation for improved accuracy and safety in production environments. This trend highlights the market’s importance in supporting large-scale industrial processes.

Key Drivers of Growth
The push for automation and higher productivity is fueling actuator adoption worldwide. Around 40% of manufacturing facilities now incorporate actuators to streamline processes and reduce downtime. Their role in achieving cost optimization and minimizing human intervention makes them essential for operational excellence.

Technological Advancements Boosting Adoption
Advances in electric, hydraulic, and pneumatic actuator technologies are strengthening market adoption. Approximately 45% of recent installations feature smart actuators equipped with sensors for real-time monitoring. These innovations enhance predictive maintenance, reduce failures, and extend equipment lifespan.

Opportunities for Expansion
The Industrial Actuator Market is expanding with strong opportunities in robotics, oil & gas, and process industries. Nearly 50% of new projects are prioritizing advanced actuators to enable higher precision and automation integration. Partnerships and innovations continue to redefine capabilities, allowing industries to explore new application areas.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End-User Industry
    3. Market Snapshot, By Applications
    4. Market Snapshot, By Region
  4. Industrial Actuator Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automation demand

        2. Growing industrialization

        3. Demand for process optimization

        4. Expansion in robotics

      2. Restraints
        1. High initial costs

        2. Complexity in integration

        3. Technical limitations

        4. Regulatory compliance

      3. Opportunities
        1. Emerging markets

        2. Smart manufacturing

        3. Customization trends

        4. Predictive maintenance

    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. Industrial Actuator Market, By Type, 2021 to 2031 (USD Million)
      1. Hydraulic Actuators
      2. Pneumatic Actuators
    2. Industrial Actuator Market, By End-User Industry, 2021 to 2031 (USD Million)
      1. Manufacturing
      2. Oil & Gas
    3. Industrial Actuator Market, By Applications, 2021 to 2031 (USD Million)
      1. Valve Actuators
      2. Linear Actuators
    4. Industrial Actuator 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 ASEAN (Association of South East Asian Countries)
        6. 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. Emerson Electric Co.
      3. Siemens AG
      4. Rotork plc
      5. Parker Hannifin Corporation
      6. Schneider Electric SE
      7. Honeywell International Inc.
      8. Mitsubishi Electric Corporation
      9. Johnson Controls International plc
      10. SMC Corporation
  7. Analyst Views
  8. Future Outlook of the Market