Electric Actuators Market Report Scope & Overview:

Electric Actuators Market was valued at USD 12.88 billion in 2023 and is expected to reach USD 58.32 billion by 2032, growing at a CAGR of 18.35% from 2024-2032.

The Electric Actuators Market is experiencing significant growth, fueled by the rising demand for automation in sectors such as manufacturing, automotive, and energy. This need is driven by the pursuit of operational effectiveness and energy conservation, as electric actuators offer environmentally friendly options. Functioning at 75-80% efficiency, electric actuators are significantly more energy-efficient compared to conventional pneumatic systems. Sectors are incorporating these actuators into robotics, HVAC, and renewable energy initiatives, thereby enhancing market growth. Technological progress, including the launch of Emerson’s Fisher easy-Drive 200R Electric Actuator in January 2024, which provides improved control and straightforward calibration, is crucial in addressing changing industry demands.

As the need for sustainability rises, electric actuators are becoming more preferred compared to conventional pneumatic or hydraulic systems because of their reduced carbon footprint and greater energy efficiency. This trend is especially noticeable in industries aimed at minimizing environmental effects, like renewable energy and electric vehicles. The increasing popularity of EVs has opened new avenues for actuators in automotive uses, such as sophisticated steering and battery management systems. For example, in March 2023, Ewellix launched new electric actuators for mobile applications at Conexpo, intending to enhance performance and efficiency in mobile equipment. Likewise, in January 2025, AUMA updated Stockholm's largest combined heat and power facility, adding 241 electric actuators with Profinet communication to improve sustainability. As sectors persist in pursuing sustainable alternatives, the need for electric actuators is anticipated to increase in various applications.

Looking to the future, the Electric Actuators Market is poised to benefit from emerging opportunities in sectors like renewable energy, smart grids, and the Internet of Things. The growing demand for smart automation systems, fueled by Industry 4.0 technologies, is opening up new avenues for the integration of electric actuators. As artificial intelligence and machine learning technologies evolve, the development of more adaptive actuators capable of responding to complex operational needs is expected to drive innovation. With these technological advancements, the market is well-positioned for continued growth, presenting a promising outlook as industries seek more intelligent, sustainable solutions.

Market Dynamics

Drivers

  • Integration of IoT and Smart Technologies Driving Remote Monitoring, Control, and Efficiency in Electric Actuators

The increasing integration of IoT and smart technologies in industrial systems is fueling the adoption of advanced electric actuators. These technologies enable seamless remote monitoring and control, significantly improving operational efficiency. As industries focus on automation and real-time data analysis, electric actuators become integral in achieving precise movements and controlling processes remotely. The enhanced connectivity and ability to integrate with various smart devices and platforms empower operators to optimize performance, reduce downtime, and increase the longevity of equipment. The synergy between electric actuators and IoT applications extends across diverse sectors, from manufacturing to energy, creating more intelligent, automated systems. This trend not only facilitates predictive maintenance but also supports faster decision-making and resource optimization, driving a shift toward more connected and efficient industrial ecosystems.

  • Miniaturization and Technological Advancements Making Electric Actuators More Compact, Reliable, and Cost-Effective for Diverse Applications

Recent advancements in actuator design, miniaturization, and material science are revolutionizing the electric actuator market. These improvements have resulted in more compact, reliable, and cost-effective actuators, making them suitable for a broader range of applications. Smaller actuators, with enhanced precision and performance, are increasingly being integrated into spaces and systems that previously required larger, bulkier solutions. As a result, industries are finding innovative uses for electric actuators in sectors like automotive, robotics, and medical devices. The advancements in materials have also improved durability and reduced energy consumption, further supporting cost-efficiency and reliability. These technological improvements allow for higher functionality in applications with limited space or more demanding conditions, while also making the devices more accessible and practical for smaller-scale operations and consumer products, thereby expanding their market reach.

Restraints

  • Environmental Sensitivity of Electric Actuators Affects Performance in Extreme Conditions, Limiting Their Application in Harsh Environments

Electric actuators can face performance challenges when exposed to harsh or extreme environmental conditions. Factors such as high or low temperatures and excess moisture can significantly impact the functionality of electric actuators, leading to potential malfunctions or reduced efficiency. For instance, extreme cold may cause the actuator components to freeze or become stiff, while high temperatures could lead to overheating, reducing lifespan and performance. Similarly, high humidity or exposure to water can lead to corrosion or electrical short circuits. These environmental sensitivities may limit the application of electric actuators in industries where such conditions are prevalent, such as in offshore operations, mining, or outdoor installations. As a result, industries may opt for hydraulic or pneumatic actuators, which are generally more robust and resilient in challenging environments, hindering the widespread adoption of electric actuators in some cases.

  • Higher Energy Consumption of Electric Actuators in Continuous or High-Power Applications

Electric actuators, while efficient in many applications, may consume more energy than their hydraulic or pneumatic counterparts in systems that require continuous or high-power operation. This increased energy demand can result in higher operational costs, especially in industries with large-scale automation or where frequent and sustained actuator movements are necessary. In particular, electric actuators may not be the most energy-efficient choice for processes that require prolonged motion or heavy lifting, as their electric motors tend to draw significant power. This can be a disadvantage in industries that prioritize energy conservation or operate on tight energy budgets. As a result, companies might opt for hydraulic or pneumatic actuators, which can offer more power-efficient solutions in specific high-load or continuous-use environments, limiting the widespread adoption of electric actuators in certain sectors.

Segment Analysis

By End-use Industry

The Energy segment led the Electric Actuators Market in 2023, capturing approximately 27% of the revenue share, driven by the rising adoption of automation in power generation and distribution. With an increasing focus on renewable energy sources such as wind and solar, electric actuators played a crucial role in optimizing control systems, enhancing efficiency, and ensuring seamless operation of critical infrastructure. Additionally, their reliability, precision, and lower maintenance requirements made them the preferred choice for energy-intensive applications, further solidifying the sector’s dominance.

The Oil & Gas segment is projected to witness the fastest CAGR of approximately 20.77% from 2024 to 2032, fueled by increasing investments in automation and safety solutions. As the industry shifts toward digitalization and remote operations, electric actuators are becoming essential for controlling valves, pipelines, and offshore equipment with higher precision and efficiency. Additionally, the growing demand for energy security and enhanced operational reliability in harsh environments is accelerating the adoption of electric actuators, positioning the segment for rapid expansion in the coming years.

By Product Type

The Linear Actuator segment dominated the Electric Actuators Market in 2023, securing approximately 48% of the revenue share, primarily due to its widespread use across industries such as manufacturing, automotive, and energy. Known for their precision, reliability, and ability to handle high loads with smooth motion, linear actuators became the preferred choice for automation in industrial machinery, robotics, and renewable energy applications. Additionally, their ease of integration with smart control systems and low maintenance requirements further reinforced their market leadership.

The Hybrid Actuator segment is projected to grow at the fastest CAGR of approximately 20.89% from 2024 to 2032, driven by increasing demand for high-performance solutions that combine the benefits of electric and hydraulic or pneumatic systems. As industries seek actuators that offer both efficiency and higher force capabilities, hybrid actuators are gaining traction in aerospace, automotive, and heavy machinery applications. Their ability to deliver superior power density while maintaining energy efficiency and precision makes them an attractive solution, accelerating their adoption across emerging high-tech and automation-driven sectors.

By Distribution Channel

The Direct Sales segment dominated the Electric Actuators Market in 2023, capturing approximately 65% of the revenue share, and is expected to grow at the fastest CAGR of 19.35% from 2024 to 2032, driven by the increasing preference for direct procurement by large industries seeking customized solutions and cost advantages. Direct sales channels enable manufacturers to offer tailored products, technical support, and competitive pricing, making them the preferred choice for sectors like energy, automotive, and aerospace, where precision and performance are critical. Additionally, the growing emphasis on long-term partnerships, bulk purchasing, and after-sales services has strengthened the demand for direct transactions. As industries continue to adopt smart and IoT-enabled actuators, direct sales are further gaining traction due to the need for seamless integration and specialized configurations, fueling sustained market growth.

Regional Analysis

The Asia Pacific region led the Electric Actuators Market in 2023, capturing approximately 40% of the revenue share, driven by rapid industrialization and the expansion of automation across key sectors such as manufacturing, energy, and automotive. With strong government initiatives promoting smart factories and infrastructure development, the demand for electric actuators surged, particularly in robotics, renewable energy, and transportation. Additionally, the presence of major manufacturing hubs and cost-effective production capabilities further strengthened the region’s dominance.

North America is expected to grow at the fastest CAGR of approximately 20.14% from 2024 to 2032, fueled by increasing adoption of advanced automation and IoT-integrated systems across industries. The rising focus on energy efficiency, coupled with strong investments in aerospace, healthcare, and electric vehicles, is accelerating demand for high-performance actuators. Additionally, stringent regulatory frameworks promoting sustainable technologies are driving industries toward electric actuators, positioning North America for significant market expansion in the coming years.

 Key Players

  • General Electric (GE Linear Actuators, GE Electric Actuator Motors)

  • Flowserve Corporation (Flowserve Electric Actuators, Flowserve Control Valves)

  • Actuonix Motion Devices Inc. (Linear Actuators, L12-S Actuators)

  • Emerson Electric Co. (Emerson Electric Actuators, Fisher Control Valves)

  • Ewellix (SKF Motion Technologies) (Electric Linear Actuators, Linear Actuator Systems)

  • AUMA Riester GmbH & Co. KG (AUMA Electric Actuators, AUMA Valve Actuators)

  • Rotork (Rotork Electric Actuators, Rotork Valve Actuators)

  • Curtiss-Wright Corporation (Curtiss-Wright Electric Actuators, Curtiss-Wright Servo Motors)

  • ABB (ABB Linear Actuators, ABB Electric Valves)

  • Moog Inc. (Moog Electric Actuators, Moog Servo Motors)

  • ARCA Regler GmbH (ARCA Actuators, ARCA Valve Regulators)

  • CKD Corporation (CKD Electric Actuators, CKD Pneumatic Actuators)

  • IMI PLC (IMI Electric Actuators, IMI Valves)

  • Indelac Controls Inc. (Indelac Electric Actuators, Indelac Motors)

  • Janatics (Janatics Electric Actuators, Janatics Pneumatic Actuators)

  • JHFOSTER Company (JHFOSTER Electric Actuators, JHFOSTER Linear Systems)

  • LINAK Group (LINAK Electric Actuators, LINAK Linear Actuators)

  • Parker Hannifin Corp (Parker Electric Actuators, Parker Linear Actuators)

  • Process Systems (Process Systems Electric Actuators, Process Systems Valves)

  • Progressive Automations Inc. (Progressive Electric Actuators, Progressive Linear Actuators)

  • Regal Rexnord Corporation (Regal Electric Actuators, Regal Motors)

  • Samson AG (Samson Electric Actuators, Samson Control Valves)

  • Schaeffler Technologies AG & Co. KG (Schaeffler Electric Actuators, Schaeffler Linear Actuators)

  • Spirax Sarco Limited (Spirax Sarco Electric Actuators, Spirax Sarco Valve Systems)

  • TiMOTION Technology Co. Ltd. (TiMOTION Electric Actuators, TiMOTION Linear Actuators)

  • Tolomatic, Inc. (Tolomatic Electric Actuators, Tolomatic Linear Actuators)

  • York Precision Machining & Hydraulics LLC (York Electric Actuators, York Hydraulic Systems)

Recent Developments:

  • In November 2023, Flowserve introduced the Limitorque QX Series B (QXb) quarter-turn smart electric actuator, designed to enhance reliability and precision while reducing commissioning time by up to 50%.

  • In June 2024, Actuonix Motion Devices unveiled the T16-R series linear track servo, engineered for applications requiring side load capabilities and minimal mounting space. The T16-R series offers precise positioning with stroke lengths of 100mm, 200mm, and 300mm, and variable gear ratios providing a maximum force of up to 67 lbs.

Electric Actuators Market Report Scope:

 

Report Attributes Details
Market Size in 2023 USD 12.88 Billion
Market Size by 2032 USD 58.32 Billion
CAGR CAGR of 18.35% From 2024 to 2032
Base Year 2023
Forecast Period 2024-2032
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product Type (Rotary Actuator, Linear Actuator, Hybrid Actuator)
• By End-use Industry (Oil & Gas, Agriculture, Food & Beverages, Aerospace & Defence, Automotive, Energy, Others)
• By Distribution Channel (Direct Sales, Indirect Sales)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles General Electric, Flowserve Corporation, Actuonix Motion Devices Inc., Emerson Electric Co., Ewellix (SKF Motion Technologies), AUMA Riester GmbH & Co. KG, Rotork, Curtiss-Wright Corporation, ABB, Moog Inc., ARCA Regler GmbH, CKD Corporation, IMI PLC, Indelac Controls Inc., Janatics, JHFOSTER Company, LINAK Group, Parker Hannifin Corp, Process Systems, Progressive Automations Inc., Regal Rexnord Corporation, Samson AG, Schaeffler Technologies AG & Co. KG, Spirax Sarco Limited, TiMOTION Technology Co. Ltd., Tolomatic, Inc., York Precision Machining & Hydraulics LLC.
Key Drivers • Integration of IoT and Smart Technologies Driving Remote Monitoring, Control, and Efficiency in Electric Actuators
• Miniaturization and Technological Advancements Making Electric Actuators More Compact, Reliable, and Cost-Effective for Diverse Applications
RESTRAINTS • Environmental Sensitivity of Electric Actuators Affects Performance in Extreme Conditions, Limiting Their Application in Harsh Environments
• Higher Energy Consumption of Electric Actuators in Continuous or High-Power Applications