Linear Actuator Market - Top Companies and Manufacturers

  • Report ID: 6373
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Companies Dominating the Linear Actuator Landscape

    The competition in the linear actuator market is considered to be relatively high. Some of the key players include Parker Hannifin Corporation, Thomson Industries, Inc. subsidiary of Altra Industrial Motion Corp., and Bosch Rexroth AG. Other major players are SKF Group, Rockwell Automation, and Tolomatic Inc. Other contributors towards market diversification include regional manufacturers and specialized providers like Ewellix, earlier known as SKF Motion Technologies, and Actuonix Motion Devices. Some key factors governing competition in the industry include technological innovation, product differentiation, pricing strategy, and the capability of companies to provide customized solutions to different applications across manufacturing, healthcare, and automotive industries.

    In a key development, Tolomatic Inc. introduced its new RSX128 electric rod-style actuator in March 2023 for extreme force applications as high as 100,000 lbf (445 kN). The high-force actuator is very suitable for high demands on industrial applications in pressing, punching, stamping, and assembly in the automotive and general industries. Such developments further intensify the competitive outlook of the market.

    Here are some leading players in the market:

    • Emerson Electric Co.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Bosch Rexroth AG
    • HepcoMotion Ltd.
    • Kollmorgen Corporation
    • LINAK
    • Oriental Motor Co., Ltd
    • Parker Hannifin Corporation
    • Rockwell Automation

Browse Key Market Insights with Data Illustration:

In the News

  • In August 2024, Kimray Inc., an Oklahoma City-based solutions provider for the energy industry, introduced its new Electric Actuator, designed to reduce emissions and automate control in oil and gas applications.
  • In June 2024, SMC Corporation launched its latest electric actuator series, the EQ series, featuring integrated controllers designed to streamline automation processes and reduce energy consumption and CO2 emissions.
  • In December 2023, Flowserve Corporation unveiled its new Limitorque QX Series B (QXb) quarter-turn smart electric actuator, aimed at enhancing operational efficiency and reliability in global infrastructure markets.

Author Credits:  Abhishek Verma


  • Report ID: 6373
  • Published Date: Aug 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The linear actuator market size was USD 50.0 billion in 2023.

The global linear actuator market size was USD 50 billion in 2023 and is likely to reach USD 135.9 billion by the end of 2036, expanding at a CAGR of 8% over the forecast period, i.e., 2024-2036.

Bosch Rexroth AG., Emerson Electric Co., HepcoMotion Ltd., Kollmorgen Corporation., LINAK., Oriental Motor Co., Ltd., Parker Hannifin Corporation., Rockwell Automation. are some key players in the market.

The mechanical segment is expected to hold a leading share during the forecast period.

North America is projected to offer lucrative prospects with a share of 45.6% in 2024.
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