Linear Actuator Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Linear Actuator Market is segmented By Type (Electric Actuators, Mechanical Actuators, Pneumatic Actuators, Hydraulic Actuators), By End-use Industry ....

Linear Actuator Market Size and Analysis

The linear actuator market is estimated to be valued at USD 57.55 Bn in 2024 and is expected to reach USD 97.14 Bn by 2031. It is estimated to grow at a compound annual growth rate (CAGR) of 7.77% from 2024 to 2031. Growth of the linear actuator market is driven by increasing adoption of linear motion technologies across industries such as automotive, medical, aviation, and more.

Market Size in USD Bn

CAGR7.77%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR7.77%
Market ConcentrationMedium
Major PlayersBosch Rexroth AG, Emerson Electric Co., HepcoMotion Ltd., Kollmorgen Corporation, LINAK A/S and Among Others
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Linear Actuator Market Trends

Market Driver - Adoption of Automation in Industrial Processes

The manufacturing sector has seen significant changes over the past few decades driven by the need to improve productivity and reduce costs. One of the major trends helping achieve these goals has been the increasing adoption of automation technologies across various industrial processes.

Linear actuators provide precise positioning and control over motion which is critical for automated assembly and material handling applications. Their compact sizes allow more flexibility in machine design compared to cylinders. For operations dealing with fragile components or requiring minimal variation, linear actuators deliver the accuracy that pneumatics cannot match.

With Industry 4.0 trends like smart factories gaining momentum, linear actuators are enabling integration of IIoT sensors gathering real-time production data. Self-diagnosing actuators can also predict maintenance needs remotely. This transition towards intelligent automation bodes well for the growth of the linear actuator market.

Market Driver - Growth in Electric Vehicle Components Requiring Linear Actuators

Rising environmental concerns have accelerated shifts towards more sustainable transport solutions. One of the most prominent changes is the fast expanding electric vehicles (EVs) industry worldwide. Adoption of EVs is also spurring growth in other components that help enhance driving range and deliver convenient functionality. An example are linear actuators, which are increasingly used across various EV applications such as active grille shutters, front trunk actuators, and seat adjustment mechanisms.

Linear actuators provide precise control over shutter position and movement speed, maximizing air flow while limiting drag. This supports extended driving ranges per charge, a key factor influencing EV purchases. Besides exterior use, linear actuators are also utilized inside EVs for user- experience features.

As autonomous driving leads to more lounge-like cabin concepts, linear motion will play a greater role in reconfiguring vehicle interiors on demand. Over-the-air upgrades are also pushing demands for network-connected actuators supporting remote operations. Major auto manufacturers are making big investments in developing diverse EV lineups. This escalates demand in the linear actuator market.

Linear Actuator Market Key Factors

Market Challenge - High dependency on end-user industries like automotive and construction

The linear actuator market is highly dependent on the performance of the end-user industries like automotive and construction. Around 35-40% of the total linear actuator demand comes from the automotive industry for applications like bonnets, doors, seats etc. However, the automotive industry is currently facing challenges due to global supply chain disruptions caused by the COVID-19 pandemic and semiconductor chip shortage. This is negatively impacting vehicle production across key regions.

Similarly, the construction industry is also facing headwinds due to rising inflation, interest rate hikes and geopolitical tensions. As linear actuators are consumable products that need regular replacement, any slowdown in the automotive and construction industries inhibits the scope for replacement demand. High correlation of demand with cyclical end-user industries poses a challenge for medium to long-term capacity planning for linear actuator market players.

Market Opportunity - Increasing Adoption in Renewable Energy Applications, such as Solar Trackers and Wind Turbines

The global transition towards cleaner energy presents a substantial opportunity for growth in the linear actuator market. Linear actuators are increasingly being used in renewable energy applications such as solar trackers and wind turbines. For instance, solar trackers use linear actuators to adjust the angle of solar panels throughout the day to maximize sunlight exposure.

Similarly, linear actuators play a critical role in pitch control and yaw drive mechanisms in wind turbines. With supportive government policies and technological advancements, the adoption of renewable sources like solar and wind is growing steadily. This provides huge opportunities for linear actuator suppliers to partner with OEMs involved in manufacturing solar tracking systems and wind turbines.

The renewable energy market is expected to grow at over 5% annually through 2030, thus driving the demand for reliable linear actuation solutions. Leveraging this demand can help reduce dependency of linear actuator market on volatile automotive and construction industries.

Key winning strategies adopted by key players of Linear Actuator Market

Focus on product innovation - Linear actuators players have consistently invested in R&D to develop innovative products catering to evolving industry needs.

Expand application coverage - Leading companies have expanded their product offerings to cover diverse applications beyond traditional uses. In 2018, Tolomatic acquired Intelligent Actuator to broaden its portfolio into medical equipment actuators.

Strengthen digital capabilities - With industry 4.0 gaining prominence, players are integrating linear actuators with IoT and cloud. In 2019, SMC Corporation introduced its E1M series electric actuator with built-in IoT functionality.

Pursue acquisitions for growth - Mature players have augmented organic growth through strategic acquisitions, expanding globally. In 2017, Tsubakimoto Chain acquired Servo-Pac, doubling its presence in the North American market.

Focus on emerging economies - Recognizing the shifting market dynamics, players are investing heavily in developing countries through new manufacturing plants, partnership with system integrators. In 2021, IAI opened a new facility in India to complement rising Make-in-India demand for industrial automation components.

Segmental Analysis of Linear Actuator Market

Insights, By Type: Electric Actuators: A Growing Preference for Automation

Electric actuators contribute 42.1% share in the linear actuator market in 2024, owing to their increasing adoption across various industries. With advancements in sensor and control technologies, electric actuators have become smarter and more precise in their operations. Their ease of integration into automated systems has made them popular for applications requiring precision movement and remote operations.

Compared to other types, electric linear actuators offer higher efficiency and finer control over linear motion. The development of low-cost servo motors and variable frequency drives has further boosted the capabilities of electric actuators. Industries are also leveraging embedded networking, analytics, and remote access capabilities of electric actuators to optimize processes on the shop floor in real time. This growing preference for automation driven by technological advances will continue pushing demand for electric actuators in the linear actuator market.

Linear Actuator Market Segment Type

Insights, By End-use Industry: Automotive industry: A Key Growth Driver

The automotive industry accounts for 41.8% share of the linear actuator market in 2024, owing to the widespread use of actuators in vehicles. From adjustable mirrors and window lifts to advanced driver-assistance systems, modern automobiles incorporate dozens of linear actuators to enhance comfort, safety, and performance.

Rising vehicle production driven by the demand for personal mobility worldwide has boosted the use of actuators in automotive applications over the years. Manufacturers in the linear actuator market are also implementing more stringent emission and safety regulations which necessitate the adoption of sophisticated actuator-based automotive systems.

Actuators play a vital role in engine and transmission systems to optimize fuel efficiency and drivability. With increasing vehicle intelligence and automation, the use of actuators is expected to rise further for next-generation assisted and self-driving technologies. As these mega trends disrupt the industry, the automotive sector will continue spearheading growth in the overall linear actuator market.

Additional Insights of Linear Actuator Market

  • Linear actuators are crucial in automation systems for applications like robotic arms, material handling, and precision assembly.
  • Electric linear actuators are gaining notable traction, with their adoption rate outpacing that of pneumatic and hydraulic alternatives due to ease of integration, energy efficiency, and lower long-term operational costs.
  • North America held the largest share (35%) of the linear actuator market in 2023.
  • Asia-Pacific is expected to grow at the fastest rate in the global linear actuator market, driven by rapid industrialization and automation in countries like China and India.
  • Within the healthcare industry, linear actuators are integrated into advanced patient beds and imaging equipment. By providing smooth, quiet, and carefully controlled motion, these actuators improve patient comfort, enable better ergonomic adjustments for caregivers, and contribute to more accurate and reliable diagnostic imaging sessions.

Competitive overview of Linear Actuator Market

The major players operating in the linear actuator market include Bosch Rexroth AG, Emerson Electric Co., HepcoMotion Ltd., Kollmorgen Corporation, LINAK A/S, Oriental Motor Co., Ltd., Parker Hannifin Corporation, Rockwell Automation, Inc., SKF Group, ABB Ltd., THK Co. Ltd., Moog Inc., Flowserve Corporation, Altra Industrial Motion Corp., Tolomatic Inc., Duff-Norton, SMC Corporation, IAI America Inc., Warner Linear, Beckhoff Automation GmbH & Co. KG, and Piab AB.

Linear Actuator Market Leaders

  • Bosch Rexroth AG
  • Emerson Electric Co.
  • HepcoMotion Ltd.
  • Kollmorgen Corporation
  • LINAK A/S
*Disclaimer: Major players are listed in no particular order.

Linear Actuator Market - Competitive Rivalry

Market Concentration Graph

Linear Actuator Market

Market Consolidated
(Dominated by major players)
Market Fragmented
(Highly competitive with lots of players.)
*Source: Coherent Market Insights

Recent Developments in Linear Actuator Market

  • In June 2024, Moog showcased its Flexible Mission Platform (FMP™) at Eurosatory 2024, an event held in Paris, France. The FMP is a missile, mission, and platform-agnostic system that allows users to integrate weapons, sensors, or other mission packages onto various vehicles, containers, or trailers.
  • In August 2023, Emerson Electric Co. announced a definitive agreement to acquire Afag Holding AG, a Swiss company specializing in electric linear motion, feeding, and handling automation solutions. The acquisition was completed by September 12, 2023. This strategic move enhances Emerson's factory automation capabilities by combining Afag's electric linear motion solutions with Emerson's existing pneumatic motion technology.
  • In June 2023, SKF launched eight new products and intelligent solutions tailored for industries such as wind power, lithium batteries, robotics, mining trucks, and new energy vehicles. These innovations aim to enhance performance, improve energy efficiency, and support sustainable operations across various sectors.

Linear Actuator Market Report - Table of Contents

  1. RESEARCH OBJECTIVES AND ASSUMPTIONS
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. MARKET PURVIEW
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Linear Actuator Market, By Type
      • Linear Actuator Market, By End-use Industry
    • Coherent Opportunity Map (COM)
  3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS
    • Market Dynamics
    • Impact Analysis
    • Key Highlights
    • Regulatory Scenario
    • Product Launches/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Merger and Acquisition Scenario
  4. Global Linear Actuator Market, By Type, 2024-2031, (USD Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Electric Actuators
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
    • Mechanical Actuators
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
    • Pneumatic Actuators
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
    • Hydraulic Actuators
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
  5. Global Linear Actuator Market, By End-use Industry, 2024-2031, (USD Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Automotive
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
    • Construction
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
    • Energy & Mining
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
    • Healthcare
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
  6. Global Linear Actuator Market, By Region, 2019 - 2031, Value (USD Bn)
    • Introduction
      • Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
      • Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Bn)
      • Regional Trends
    • North America
      • Introduction
      • Market Size and Forecast, By Type, 2019 - 2031, Value (USD Bn)
      • Market Size and Forecast, By End-use Industry, 2019 - 2031, Value (USD Bn)
        • U.S.
        • Canada
    • Latin America
      • Introduction
      • Market Size and Forecast, By Type, 2019 - 2031, Value (USD Bn)
      • Market Size and Forecast, By End-use Industry, 2019 - 2031, Value (USD Bn)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Europe
      • Introduction
      • Market Size and Forecast, By Type, 2019 - 2031, Value (USD Bn)
      • Market Size and Forecast, By End-use Industry, 2019 - 2031, Value (USD Bn)
        • Germany
        • U.K.
        • Spain
        • France
        • Italy
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, By Type, 2019 - 2031, Value (USD Bn)
      • Market Size and Forecast, By End-use Industry, 2019 - 2031, Value (USD Bn)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • Introduction
      • Market Size and Forecast, By Type, 2019 - 2031, Value (USD Bn)
      • Market Size and Forecast, By End-use Industry, 2019 - 2031, Value (USD Bn)
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • Introduction
      • Market Size and Forecast, By Type, 2019 - 2031, Value (USD Bn)
      • Market Size and Forecast, By End-use Industry, 2019 - 2031, Value (USD Bn)
        • South Africa
        • North Africa
        • Central Africa
  7. COMPETITIVE LANDSCAPE
    • Bosch Rexroth AG
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Emerson Electric Co.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • HepcoMotion Ltd.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Kollmorgen Corporation
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • LINAK A/S
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Oriental Motor Co., Ltd.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Parker Hannifin Corporation
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Rockwell Automation, Inc.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • SKF Group
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • ABB Ltd.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • THK Co. Ltd.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Moog Inc.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Flowserve Corporation
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Altra Industrial Motion Corp.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Tolomatic Inc.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Duff-Norton
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • SMC Corporation
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • IAI America Inc.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Warner Linear
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Beckhoff Automation GmbH & Co. KG
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Piab AB
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
  8. Analyst Recommendations
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  9. References and Research Methodology
    • References
    • Research Methodology
    • About us

Linear Actuator Market Segmentation

  • By Type
    • Electric Actuators
    • Mechanical Actuators
    • Pneumatic Actuators
    • Hydraulic Actuators
  • By End-use Industry
    • Automotive
    • Construction
    • Energy & Mining
    • Healthcare
    • Others
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Frequently Asked Questions :

How big is the linear actuator market?

The linear actuator market is estimated to be valued at USD 57.55 Bn in 2024 and is expected to reach USD 97.14 Bn by 2031.

What are the key factors hampering the growth of the linear actuator market?

What are the major factors driving the linear actuator market growth?

Which is the leading type in the linear actuator market?

Which are the major players operating in the linear actuator market?

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