Electric Actuators market is Projected to grow at 6.10% CAGR during the period 2017-2021. Network Consulting Industry research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
Global Electric Actuators market to grow at a CAGR of 6.10% during the period 2017-2021.
Actuators are devices that convert energy from one form to another. Electric actuators are machine components that require a source of energy and control system to convert electric energy into mechanical energy. They regulate the interaction of control systems with the environment. Electric actuators are widely used for industrial purposes and work on the principle of conversion of electric voltage into mechanical motion.
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Covered in this report
The report covers the present scenario and the growth prospects of the global electric actuators market for 2017-2021. To calculate the market size, the report considers sales revenue and values.
The market is divided into the following segments based on geography:
Americas, APAC, EMEA
Research report, Global Electric Actuators Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors – Siemens, Emerson Electric, SMC Corporation, Toshiba, Moog
Other prominent vendors – Agfa Healthcare, AUMA, CHISON, Echo-Son, Esaote, Fujifilm Corporation, FUKUDA DENSHI, GE Healthcare, Philips Healthcare, Tolomatic
Market driver – Increased concern for conservation of energy in defense industry, For a full, detailed list, view our report
Market challenge – Fluctuating raw material prices, For a full, detailed list, view our report
Market trend – Growing focus of industries on green technology, For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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