The global market for Electric Actuator for Industrial Machinery was estimated to be worth US$ 1298 million in 2024 and is forecast to a readjusted size of US$ 1614 million by 2031 with a CAGR of 3.2% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Electric Actuator for Industrial Machinery cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
An electric actuator is powered by a motor that converts electrical energy into mechanical torque for moving or controlling a mechanism or system. It is one of the cleanest and most readily available forms of actuator because it does not involve oil.
The global Electric Actuator market for industrial machinery has witnessed significant growth over the past decade, driven by increasing automation across manufacturing sectors and a rising demand for energy-efficient systems. One of the key drivers of market growth is the growing trend toward Industry 4.0, which emphasizes smart factories, interconnected machines, and real-time data monitoring. Electric actuators are integral to this transformation, as they provide high levels of accuracy, flexibility, and integration with control systems such as PLCs and SCADA. Industries such as automotive, aerospace, food and beverage, pharmaceuticals, and energy are increasingly adopting electric actuators to enhance productivity, ensure consistent product quality, and reduce downtime. Technological advancements have also contributed to market expansion. Innovations in motor design, material science, and embedded control electronics have led to the development of compact, lightweight, and high-performance electric actuators capable of operating under harsh industrial environments. Furthermore, the shift from traditional factory setups to highly automated production lines has created a growing need for actuators that can deliver precision and reliability over long operating cycles. Regionally, Asia-Pacific holds a dominant position in the electric actuator market due to rapid industrialization, increasing investment in manufacturing infrastructure, and the presence of a large number of OEMs in countries like China, Japan, South Korea, and India. North America and Europe also represent significant markets, driven by strong technological adoption, a focus on sustainable manufacturing practices, and the modernization of legacy equipment. In conclusion, the Electric Actuator market for industrial machinery is poised for steady growth, fueled by advancements in automation technologies, increasing demand for energy-efficient solutions, and the ongoing digitalization of manufacturing environments. As industries continue to prioritize precision, control, and efficiency, electric actuators are expected to play an increasingly vital role in shaping the future of industrial operations.
This report aims to provide a comprehensive presentation of the global market for Electric Actuator for Industrial Machinery, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electric Actuator for Industrial Machinery by region & country, by Type, and by Application.
The Electric Actuator for Industrial Machinery market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Actuator for Industrial Machinery.
Market Segmentation
By Company
- THK
- SMC Corporation
- IAI
- LINAK
- FESTO
- Yamaha
- Ewellix
- TiMOTION
- Parker
Segment by Type
- DC Electric Actuator
- AC Electric Actuator
Segment by Application
- Heavy Machinery
- Industrial Manufacturing Machinery
- Other Machinery
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Electric Actuator for Industrial Machinery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Electric Actuator for Industrial Machinery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Electric Actuator for Industrial Machinery in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Electric Actuator for Industrial Machinery Product Introduction
- 1.2 Global Electric Actuator for Industrial Machinery Market Size Forecast
- 1.2.1 Global Electric Actuator for Industrial Machinery Sales Value (2020-2031)
- 1.2.2 Global Electric Actuator for Industrial Machinery Sales Volume (2020-2031)
- 1.2.3 Global Electric Actuator for Industrial Machinery Sales Price (2020-2031)
- 1.3 Electric Actuator for Industrial Machinery Market Trends & Drivers
- 1.3.1 Electric Actuator for Industrial Machinery Industry Trends
- 1.3.2 Electric Actuator for Industrial Machinery Market Drivers & Opportunity
- 1.3.3 Electric Actuator for Industrial Machinery Market Challenges
- 1.3.4 Electric Actuator for Industrial Machinery Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Electric Actuator for Industrial Machinery Players Revenue Ranking (2024)
- 2.2 Global Electric Actuator for Industrial Machinery Revenue by Company (2020-2025)
- 2.3 Global Electric Actuator for Industrial Machinery Players Sales Volume Ranking (2024)
- 2.4 Global Electric Actuator for Industrial Machinery Sales Volume by Company Players (2020-2025)
- 2.5 Global Electric Actuator for Industrial Machinery Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Electric Actuator for Industrial Machinery Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Electric Actuator for Industrial Machinery Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Electric Actuator for Industrial Machinery
- 2.9 Electric Actuator for Industrial Machinery Market Competitive Analysis
- 2.9.1 Electric Actuator for Industrial Machinery Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Electric Actuator for Industrial Machinery Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Actuator for Industrial Machinery as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 DC Electric Actuator
- 3.1.2 AC Electric Actuator
- 3.2 Global Electric Actuator for Industrial Machinery Sales Value by Type
- 3.2.1 Global Electric Actuator for Industrial Machinery Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Electric Actuator for Industrial Machinery Sales Value, by Type (2020-2031)
- 3.2.3 Global Electric Actuator for Industrial Machinery Sales Value, by Type (%) (2020-2031)
- 3.3 Global Electric Actuator for Industrial Machinery Sales Volume by Type
- 3.3.1 Global Electric Actuator for Industrial Machinery Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Electric Actuator for Industrial Machinery Sales Volume, by Type (2020-2031)
- 3.3.3 Global Electric Actuator for Industrial Machinery Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Electric Actuator for Industrial Machinery Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Heavy Machinery
- 4.1.2 Industrial Manufacturing Machinery
- 4.1.3 Other Machinery
- 4.2 Global Electric Actuator for Industrial Machinery Sales Value by Application
- 4.2.1 Global Electric Actuator for Industrial Machinery Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Electric Actuator for Industrial Machinery Sales Value, by Application (2020-2031)
- 4.2.3 Global Electric Actuator for Industrial Machinery Sales Value, by Application (%) (2020-2031)
- 4.3 Global Electric Actuator for Industrial Machinery Sales Volume by Application
- 4.3.1 Global Electric Actuator for Industrial Machinery Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Electric Actuator for Industrial Machinery Sales Volume, by Application (2020-2031)
- 4.3.3 Global Electric Actuator for Industrial Machinery Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Electric Actuator for Industrial Machinery Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Electric Actuator for Industrial Machinery Sales Value by Region
- 5.1.1 Global Electric Actuator for Industrial Machinery Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Electric Actuator for Industrial Machinery Sales Value by Region (2020-2025)
- 5.1.3 Global Electric Actuator for Industrial Machinery Sales Value by Region (2026-2031)
- 5.1.4 Global Electric Actuator for Industrial Machinery Sales Value by Region (%), (2020-2031)
- 5.2 Global Electric Actuator for Industrial Machinery Sales Volume by Region
- 5.2.1 Global Electric Actuator for Industrial Machinery Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Electric Actuator for Industrial Machinery Sales Volume by Region (2020-2025)
- 5.2.3 Global Electric Actuator for Industrial Machinery Sales Volume by Region (2026-2031)
- 5.2.4 Global Electric Actuator for Industrial Machinery Sales Volume by Region (%), (2020-2031)
- 5.3 Global Electric Actuator for Industrial Machinery Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Electric Actuator for Industrial Machinery Sales Value, 2020-2031
- 5.4.2 North America Electric Actuator for Industrial Machinery Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Electric Actuator for Industrial Machinery Sales Value, 2020-2031
- 5.5.2 Europe Electric Actuator for Industrial Machinery Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Electric Actuator for Industrial Machinery Sales Value, 2020-2031
- 5.6.2 Asia Pacific Electric Actuator for Industrial Machinery Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Electric Actuator for Industrial Machinery Sales Value, 2020-2031
- 5.7.2 South America Electric Actuator for Industrial Machinery Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Electric Actuator for Industrial Machinery Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Electric Actuator for Industrial Machinery Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Electric Actuator for Industrial Machinery Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Electric Actuator for Industrial Machinery Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Electric Actuator for Industrial Machinery Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Electric Actuator for Industrial Machinery Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Electric Actuator for Industrial Machinery Sales Value, 2020-2031
- 6.3.2 United States Electric Actuator for Industrial Machinery Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Electric Actuator for Industrial Machinery Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Electric Actuator for Industrial Machinery Sales Value, 2020-2031
- 6.4.2 Europe Electric Actuator for Industrial Machinery Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Electric Actuator for Industrial Machinery Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Electric Actuator for Industrial Machinery Sales Value, 2020-2031
- 6.5.2 China Electric Actuator for Industrial Machinery Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Electric Actuator for Industrial Machinery Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Electric Actuator for Industrial Machinery Sales Value, 2020-2031
- 6.6.2 Japan Electric Actuator for Industrial Machinery Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Electric Actuator for Industrial Machinery Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Electric Actuator for Industrial Machinery Sales Value, 2020-2031
- 6.7.2 South Korea Electric Actuator for Industrial Machinery Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Electric Actuator for Industrial Machinery Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Electric Actuator for Industrial Machinery Sales Value, 2020-2031
- 6.8.2 Southeast Asia Electric Actuator for Industrial Machinery Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Electric Actuator for Industrial Machinery Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Electric Actuator for Industrial Machinery Sales Value, 2020-2031
- 6.9.2 India Electric Actuator for Industrial Machinery Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Electric Actuator for Industrial Machinery Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 THK
- 7.1.1 THK Company Information
- 7.1.2 THK Introduction and Business Overview
- 7.1.3 THK Electric Actuator for Industrial Machinery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 THK Electric Actuator for Industrial Machinery Product Offerings
- 7.1.5 THK Recent Development
- 7.2 SMC Corporation
- 7.2.1 SMC Corporation Company Information
- 7.2.2 SMC Corporation Introduction and Business Overview
- 7.2.3 SMC Corporation Electric Actuator for Industrial Machinery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 SMC Corporation Electric Actuator for Industrial Machinery Product Offerings
- 7.2.5 SMC Corporation Recent Development
- 7.3 IAI
- 7.3.1 IAI Company Information
- 7.3.2 IAI Introduction and Business Overview
- 7.3.3 IAI Electric Actuator for Industrial Machinery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 IAI Electric Actuator for Industrial Machinery Product Offerings
- 7.3.5 IAI Recent Development
- 7.4 LINAK
- 7.4.1 LINAK Company Information
- 7.4.2 LINAK Introduction and Business Overview
- 7.4.3 LINAK Electric Actuator for Industrial Machinery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 LINAK Electric Actuator for Industrial Machinery Product Offerings
- 7.4.5 LINAK Recent Development
- 7.5 FESTO
- 7.5.1 FESTO Company Information
- 7.5.2 FESTO Introduction and Business Overview
- 7.5.3 FESTO Electric Actuator for Industrial Machinery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 FESTO Electric Actuator for Industrial Machinery Product Offerings
- 7.5.5 FESTO Recent Development
- 7.6 Yamaha
- 7.6.1 Yamaha Company Information
- 7.6.2 Yamaha Introduction and Business Overview
- 7.6.3 Yamaha Electric Actuator for Industrial Machinery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Yamaha Electric Actuator for Industrial Machinery Product Offerings
- 7.6.5 Yamaha Recent Development
- 7.7 Ewellix
- 7.7.1 Ewellix Company Information
- 7.7.2 Ewellix Introduction and Business Overview
- 7.7.3 Ewellix Electric Actuator for Industrial Machinery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Ewellix Electric Actuator for Industrial Machinery Product Offerings
- 7.7.5 Ewellix Recent Development
- 7.8 TiMOTION
- 7.8.1 TiMOTION Company Information
- 7.8.2 TiMOTION Introduction and Business Overview
- 7.8.3 TiMOTION Electric Actuator for Industrial Machinery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 TiMOTION Electric Actuator for Industrial Machinery Product Offerings
- 7.8.5 TiMOTION Recent Development
- 7.9 Parker
- 7.9.1 Parker Company Information
- 7.9.2 Parker Introduction and Business Overview
- 7.9.3 Parker Electric Actuator for Industrial Machinery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Parker Electric Actuator for Industrial Machinery Product Offerings
- 7.9.5 Parker Recent Development
8 Industry Chain Analysis
- 8.1 Electric Actuator for Industrial Machinery Industrial Chain
- 8.2 Electric Actuator for Industrial Machinery Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Electric Actuator for Industrial Machinery Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Electric Actuator for Industrial Machinery Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer