Research Methodology on Actuators Market
Market Research Future (MRFR) aims to provide accurate and up-to-date analysis of emerging micro and macroeconomic trends in the Actuators Market. The research study further aims to assess the impact of such trends on the growth and performance of the market. It also seeks to provide insights into the competitive landscape, opportunities, and strategies in the Actuators Market to global stakeholders.
1. Research Approach
MRFR implements two approaches to data collection and analysis to ensure the accuracy and relevancy of the market data. The first approach is to conduct extensive primary interviews and surveys of executives, managers, CXOs and stakeholders of major companies in the Actuators Market. The primary data is compiled, validated and verified using quantitative methods.
The second approach entails obtaining secondary market data from sources such as industry journals, the Internet and databases. These sources are invoked to substantiate the primary data and gain further insights into the Actuators Market. This helps the team to receive in-depth and aggregate information from various sources who are direct as well as indirect participants in the industry. The information gained from primary and secondary sources is further compiled and analyzed, which aids in filling the research and data gaps in terms of the volume, applications, and types of the Actuators Market, as well as its competitive landscape.
2. Research Process
The research study on the Actuators Market incorporates both the top-down and bottom-up approaches to arrive at an accurate market size. It includes the triangulation of customer response, value chain analysis, financial information, sector size and market price. Additionally, the study assesses qualitative and quantitative parameters concerning market trends, market dynamics, and technology advancements, Porter’s Five Forces, and SWOT analysis.
3. Tools and Techniques
Several tools and techniques are applied to obtain reliable insights into the Actuators Market. The research process involves the following tools and techniques:
4. Base Year and Forecasting
MRFR utilized 2022 as the base year and 2023-2030 as the forecasting period for the Actuators Market. The development of a detailed market forecast helps in identifying the revenue potential and market course of the Actuators Market in the coming years.
5. Database System
MRFR owns one of the largest databases of syndicated market research. This proprietary database is used to develop systematic and accurate market research studies. The company maintains a library of both qualitative and quantitative market research. Furthermore, the company updates its database daily and stores information gathered through published sources such as news websites, statistical offices, national governments, industry and trade associations, business journals, trade reports and additional sources.
6. Business Strategy
MRFR uses an unconventional practice of analytics and its statistical models to derive the market sizing, enabling it to curate accurate reporting of market figures and statistics. The team also provides a critical analysis of the factors involved in the market, supplying the market data with a qualitative and quantitative approach. This approach helps firms to have a deep insight into the Actuators Market and make knowledgeable decisions that steer their business growth.
7. Assumptions
MRFR assumes the following for this market report on the Actuators Market for the forecasting period of 2023-2030:
Market penetration of Actuators technologies.
Adoption of cutting-edge technologies by ageing manufacturing processes.
Growing acceptance of automation in smart manufacturing.
Growth of electronic signals and actuators
Market concentration shifts towards larger players.
Increasing demand for efficient systems
Growing industrialization and automation across the manufacturing industry.
1 Executive Summary
2 Market Introduction
2.1 Definition 15
2.2 Scope Of The Study 15
2.3 List Of Assumptions 15
2.4 Market Structure 16
3 Research Methodology
3.1 Research Process 18
3.2 Primary Research 18
3.3 Secondary Research 18
3.4 Market Size Estimation 19
3.5 Forecast Model 19
4 Market Dynamics
4.1 Introduction 21
4.2 Drivers 22
4.2.1 Technological Advancements In Actuators 22
4.2.2 Rise In The Number Of Aircraft Carriages 23
4.2.3 Continuous Growth In Global Automotive Industry 24
4.3 Restraint 25
4.3.1 Costing Of Actuators 25
4.4 Opportunity 26
4.4.1 Growing Industrial Base In Asia Pacific 26
4.5 Challenge 27
4.5.1 Power Consumption, Noise, And Leak Issues 27
5 Market Factor Analysis
5.1 Porter’s Five Forces Analysis 29
5.1.1 Threat Of New Entrants 29
5.1.2 Bargaining Power Of Suppliers 29
5.1.3 Threat Of Substitutes 29
5.1.4 Bargaining Power Of Buyers 29
5.1.5 Segment Rivalry 30
5.2 Supply Chain Analysis 30
6 Global Actuators Market, By Type
6.1 Introduction 33
6.1.1 Pneumatic Actuators 33
6.1.2 Hydraulic Actuators 33
6.1.3 Electric Actuators 33
6.1.4 Mechanical Actuators 33
7 Global Actuators Market, By End-User
7.1 Introduction 36
7.1.1 Automotive 36
7.1.2 Oil & Gas 36
7.1.3 Aerospace & Defence 37
7.1.4 Pharmaceutical 37
7.1.5 Power 37
7.1.6 Food & Beverages 37
7.1.7 Chemicals 37
7.1.8 Water & Wastewater 37
7.1.9 Mining & Metals 38
8 Global Actuators Market, By Region
8.1 Introduction 41
8.2 Americas 43
8.2.1 U.S. 46
8.2.2 Canada 47
8.2.3 Brazil 48
8.2.4 Rest Of Americas 49
8.3 Europe 51
8.3.1 Germany 55
8.3.2 U.K. 56
8.3.3 France 57
8.3.4 Russia 58
8.3.5 Rest Of Europe 59
8.4 Asia Pacific 60
8.4.1 China 64
8.4.2 India 65
8.4.3 Japan 66
8.4.4 Rest Of Asia Pacific 67
8.5 Middle East & Africa 68
8.5.1 Africa 71
8.5.2 Middle East 72
9 Competitive Landscape
9.1 Competitive Scenario 75
9.2 Global Market Share Analysis 76
10 Company Profiles
10.1 Honeywell International Inc. 79
10.1.1 Company Overview 79
10.1.2 Financials 79
10.1.3 Products 79
10.1.4 Strategy 79
10.1.5 Key Developments 79
10.1.6 Swot Analysis 79
10.2 Flowserve Corporation 82
10.2.1 Company Overview 82
10.2.2 Financials 82
10.2.3 Products 82
10.2.4 Strategy 82
10.2.5 Key Developments 82
10.2.6 Swot Analysis 82
10.3 The Emerson Electric Company 85
10.3.1 Company Overview 85
10.3.2 Financials 85
10.3.3 Products 85
10.3.4 Strategy 85
10.3.5 Key Developments 85
10.3.6 Swot Analysis 85
10.4 SAMSON AG 89
10.4.1 Company Overview 89
10.4.2 Financials 89
10.4.3 Products 89
10.4.4 Strategy 89
10.4.5 Key Developments 89
10.4.6 Swot Analysis 89
10.5 Rotork Plc 92
10.5.1 Company Overview 92
10.5.2 Financials 92
10.5.3 Products 92
10.5.4 Strategy 92
10.5.5 Key Developments 92
10.5.6 Swot Analysis 92
10.6 Cameron, A Schlumberger Company 95
10.6.1 Company Overview 95
10.6.2 Financials 95
10.6.3 Products 95
10.6.4 Strategy 95
10.6.5 Key Developments 95
10.7 Eaton Corporation Plc 98
10.7.1 Company Overview 98
10.7.2 Financials 98
10.7.3 Products 98
10.7.4 Strategy 98
10.7.5 Key Developments 98
10.8 Festo AG & Co. KG 99
10.8.1 Company Overview 99
10.8.2 Financials 99
10.8.3 Products 99
10.8.4 Strategy 99
10.8.5 Key Developments 99
10.9 KITZ Corporation 100
10.9.1 Company Overview 100
10.9.2 Financials 100
10.9.3 Products 100
10.9.4 Strategy 100
10.9.5 Key Developments 100
10.10 SMC Corporation 101
10.10.1 Company Overview 101
10.10.2 Financials 101
10.10.3 Products 101
10.10.4 Strategy 101
10.10.5 Key Developments 101
11 List Of Tables
TABLE 1 MARKET SYNOPSIS 13
TABLE 2 LIST OF ASSUMPTIONS 15
TABLE 3 GLOBAL ACTUATORS MARKET, BY TYPE, 2020-2027 (USD MILLION) 34
TABLE 4 GLOBAL ACTUATORS MARKET, BY END-USER, 2020-2027 (USD MILLION) 39
TABLE 5 GLOBAL ACTUATORS MARKET VALUE ANALYSIS, BY REGION, 2020-2027 (USD MILLION) 42
TABLE 6 AMERICAS: ACTUATORS MARKET VALUE ANALYSIS, BY REGION, 2020-2027 (USD MILLION) 45
TABLE 7 AMERICAS: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 45
TABLE 8 AMERICAS: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 46
TABLE 9 U.S.: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 46
TABLE 10 U.S.: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 47
TABLE 11 CANADA: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 47
TABLE 12 CANADA: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 48
TABLE 13 BRAZIL: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 48
TABLE 14 BRAZIL: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 49
TABLE 15 REST OF AMERICAS: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 49
TABLE 16 REST OF AMERICAS: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 50
TABLE 17 EUROPE: ACTUATORS MARKET VALUE ANALYSIS, BY REGION, 2020-2027 (USD MILLION) 53
TABLE 18 EUROPE: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 54
TABLE 19 EUROPE: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 54
TABLE 20 SPAIN: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 55
TABLE 21 SPAIN: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 55
TABLE 22 U.K.: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 56
TABLE 23 U.K.: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 56
TABLE 24 FRANCE: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 57
TABLE 25 FRANCE: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 57
TABLE 26 RUSSIA: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 58
TABLE 27 RUSSIA: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 58
TABLE 28 REST OF EUROPE: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 59
TABLE 29 REST OF EUROPE: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 59
TABLE 30 ASIA PACIFIC: ACTUATORS MARKET VALUE ANALYSIS, BY REGION, 2020-2027 (USD MILLION) 62
TABLE 31 ASIA PACIFIC: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 63
TABLE 32 ASIA PACIFIC: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 63
TABLE 33 CHINA: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 64
TABLE 34 CHINA: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 64
TABLE 35 INDIA: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 65
TABLE 36 INDIA: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 65
TABLE 37 JAPAN: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 66
TABLE 38 JAPAN: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 66
TABLE 39 REST OF ASIA PACIFIC: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 67
TABLE 40 REST OF ASIA PACIFIC: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 67
TABLE 41 MIDDLE EAST & AFRICA: ACTUATORS MARKET VALUE ANALYSIS, BY REGION, 2020-2027 (USD MILLION) 70
TABLE 42 MIDDLE EAST & AFRICA: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 70
TABLE 43 MIDDLE EAST & AFRICA: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 71
TABLE 44 AFRICA: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 71
TABLE 45 AFRICA: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 72
TABLE 46 MIDDLE EAST: ACTUATORS MARKET VALUE ANALYSIS, BY TYPE, 2020-2027 (USD MILLION) 72
TABLE 47 MIDDLE EAST: ACTUATORS MARKET VALUE ANALYSIS, BY END-USER, 2020-2027 (USD MILLION) 73
TABLE 48 HONEYWELL INTERNATIONAL INC.: PRODUCT PORTFOLIO 80
TABLE 49 FLOWSERVE CORPORATION: PRODUCT PORTFOLIO 83
TABLE 51 THE EMERSON ELECTRIC COMPANY: PRODUCT PORTFOLIO 86
TABLE 52 SAMSON AG: PRODUCT PORTFOLIO 90
TABLE 53 ROTORK PLC: PRODUCT PORTFOLIO 93
TABLE 55 CAMERON, A SCHLUMBERGER COMPANY: PRODUCT PORTFOLIO 96
12 List Of Figures
FIGURE 1 GLOBAL ACTUATORS MARKET: MARKET STRUCTURE 16
FIGURE 2 RESEARCH PROCESS OF MRFR 18
FIGURE 3 TOP DOWN & BOTTOM UP APPROACH 19
FIGURE 4 DROC ANALYSIS: GLOBAL ACTUATORS MARKET 21
FIGURE 5 PORTER'S 5 FORCES ANALYSIS OF GLOBAL ACTUATORS MARKET 29
FIGURE 6 SUPPLY CHAIN ANALYSIS: ACTUATORS MARKET 30
FIGURE 7 GLOBAL ACTUATORS MAREKET, BY TYPE, 2020 (IN %) 34
FIGURE 8 GLOBAL ACTUATORS MARKET, BY END-USER, 2020 (IN %) 38
FIGURE 9 GLOBAL ACTUATORS MARKET SHARE, BY REGION, 2020 (IN %) 41
FIGURE 10 GLOBAL ACTUATORS MARKET, BY REGION, 2020-2027 41
FIGURE 11 AMERICAS ACTUATORS MARKET PESTLE ANALYSIS 44
FIGURE 12 AMERICAS: ACTUATORS MARKET SHARE, BY REGION, 2020 (IN %) 45
FIGURE 13 EUROPE ACTUATORS MARKET PESTL ANALYSIS, BY COUNTRY 52
FIGURE 14 EUROPE: ACTUATORS MARKET SHARE, BY REGION, 2020 (IN %) 53
FIGURE 15 ASIA PACIFIC ACTUATORS MARKET PESTL ANALYSIS, BY COUNTRY 61
FIGURE 16 ASIA PACIFIC: ACTUATORS MARKET SHARE, BY REGION, 2020 (IN %) 62
FIGURE 17 MIDDLE EAST & AFRICA ACTUATORS MARKET PESTL ANALYSIS, BY COUNTRY 69
FIGURE 18 MIDDLE EAST & AFRICA: ACTUATORS MARKET SHARE, BY REGION, 2020 (IN %) 70
FIGURE 19 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS IN GLOBAL ACTUATORS MARKET, 2020-2027, (% SHARE) 75
FIGURE 20 GLOBAL ACTUATORS MARKET SHARE ANALYSIS 76
FIGURE 21 GLOBAL ACTUATORS MARKET: PRODUCT POSITIONING 77
FIGURE 22 HONEYWELL INTERNATIONAL INC.: SWOT ANALTYSIS 81
FIGURE 23 FLOWSERVE CORPORATION: SWOT ANALTYSIS 84
FIGURE 24 THE EMERSON ELECTRIC COMPANY: SWOT ANALTYSIS 88
FIGURE 25 SAMSON AG: SWOT ANALTYSIS 91
FIGURE 26 ROTORK PLC: SWOT ANALTYSIS 94
Research Analyst Experienced business professional with a demonstrated history of working in the cfnb industry. skilled in market research, and market estimation. strong professional with a masters focused in marketing management.
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