Built to provide research that’s more actionable and strategically valuable, The Business Research Company’s 2026 market reports include market attractiveness analysis, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, broader supply chain intelligence, emerging startup tracking, and in-depth product insights.
Actuator Market Size Forecast: How Big Could The Market Get By 2030?
The actuator market has experienced robust expansion in recent years. Looking ahead, it is anticipated to increase from $62.93 billion in 2025 to $68.41 billion in 2026, demonstrating an 8.7% compound annual growth rate (CAGR). This historical growth can be attributed to several factors, including the rise of early industrial automation, the reliance on mechanical actuation systems, adoption within automotive manufacturing, the expansion of oil and gas valve actuation, and the development of foundational pneumatic and hydraulic technologies.
The actuator market is projected to experience substantial growth in the upcoming years, with its valuation expected to reach $95.17 billion by 2030, achieving a compound annual growth rate (CAGR) of 8.6%. This expansion during the forecast period is largely driven by factors such as increasing implementation in robotics and autonomous machinery, a surge in the adoption of electric actuators, the broadening of precision automation, the evolution of advanced servo systems, and the escalating demand for high-efficiency actuation within energy sectors. Prominent trends anticipated in this period encompass the integration of intelligent robotic actuation systems, the expansion of smart factory automation platforms, the advancement of AI-enhanced motion control, the incorporation of IoT-connected actuator networks, and the development of energy-efficient actuation technologies.
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Actuator Market Demand Drivers: What’s Powering Industry Growth?
The increasing scope of building construction initiatives is set to propel the expansion of the actuator market. Building construction encompasses the methodical planning, erection, and assembly of diverse structures, including residential, commercial, and industrial buildings, involving processes such as excavation, foundation work, framing, and finishing. Actuators are essential in various construction applications, from automated ventilation and HVAC systems to precise control mechanisms for doors, windows, and other building components. This growth in building construction activities highlights a stronger demand for advanced automation and control solutions, positioning the actuator market to prosper as a core element within the construction sector. For illustration, as per the Federal State Statistics Service, a government agency based in Russia, the construction output in Russia saw an increase of 6.50 % in July of 2023 when compared to the same month in the preceding year. Therefore, the ongoing rise in building construction activities is anticipated to foster the growth of the actuator market.
Actuator Market Segment Analysis: What Are The Core Market Categories?
The actuator market covered in this report is segmented –
1) By Type: Pneumatic Actuators, Hydraulic Actuators, Electric Actuators, Mechanical Actuators
2) By Motion: Linear Actuator, Rotary Actuator
3) By End User: Automotive, Aerospace, Oil And Gas, Pharmaceutical, Power Generation, Food And Beverages, Chemicals, Mining, Other End Users
Subsegments:
1) By Pneumatic Actuators: Single-Acting Pneumatic Actuators, Double-Acting Pneumatic Actuators
2) By Hydraulic Actuators: Linear Hydraulic Actuators, Rotary Hydraulic Actuators
3) By Electric Actuators: Servo Electric Actuators, Stepper Electric Actuators
4) By Mechanical Actuators: Gear-Based Actuators, Cam-Based Actuators
Actuator Market Innovation Trends: What Developments Are Reshaping The Industry?
Leading companies operating in the actuator market are focusing on technological advancements, particularly electric actuators, to enhance precision, efficiency, and responsiveness in diverse devices. Electric actuators elevate functionality and performance in mobile applications, addressing the growing need for automation and intelligent technologies across various sectors. For example, in March 2023, Ewellix, a Sweden-based provider of actuation solutions, introduced its new electric actuators. Crafted for mobile applications like agricultural and construction machinery, as well as lift platforms, these actuators offer a powerful combination of exceptional power-density, energy efficiency, precise position and motion control, and repeatability. The first models, scheduled for launch later this year, will feature lift capacities of 3 tons and 15 tons, with subsequent versions incorporating intermediate capacities and an electromechanical steer-by-wire option. These actuators are designed to assist OEMs in shifting from traditional hydraulic systems to electrically controlled motion, delivering a cleaner, simpler, and more economical solution with considerably reduced total ownership costs.
Actuator Market Top Companies Driving Competitive Growth
Major companies operating in the actuator market are Emerson Electric Co., ABB Ltd., Rockwell Automation Inc., Moog Inc., SMC Corporation, Curtis Wright Corporation, Eaton Corporation Plc, Honeywell International Inc., Rotork Plc, Misumi Group Inc., Cameron International Corporation, Samson AG, Parker Hannifin Corporation, Venture MFG Co., Altra Industrial Motion, Actuonix Motion Devices Inc., Aptiv PLC, AUMA Riester Gmbh & Co. KG, BorgWarner Inc., Continental AG, Denso Corporation, Festo AG & Co. K.G., Flowserve Corporation, GEA Group AG, General Electric Company, Hitachi Ltd., IAV Automotive Engineering, Johnson Controls International PLC, KITZ Corporation, Mecvel Technologies Private Limited, Nidec Corporation, Regal Rexnord Corporation, Robert Bosch GmbH
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Actuator Market Geographic Spread And Regional Opportunities
Asia-Pacific was the largest region in the actuator market in 2025. North America was the second-largest region in the actuator market. The regions covered in the actuator market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
