Linear Actuator Market Analysis

By Operation Mechanism (Mechanical, Hydraulic, Pneumatic, Electro-mechanical Actuators)

Mechanical actuators are anticipated to account for the 31.5% largest revenue share of the linear actuator market in 2024. This is majorly owed to the wide application of this segment across the automotive, aerospace, and construction industries in a manner where such an actuator is used, focusing on reliability and cost-effectiveness. Rollon, Inc. introduced the TLS Series Telescoping Linear Actuators in August 2023. The recent launch of the product in the mechanical actuator segment has further redeemed this trend as it caters to certain niche applications in which compactness and precision drive market growth.

End user Industry (Automotive, Construction, Energy & Mining, Healthcare, Others)

During the forecast period, the leading end user segment in the linear actuator market is likely to be the automotive industry. This is due to the greater traction of automation that is gripping vehicle manufacturing, involving critical motion control solutions. Thomson released the Electrak XD electric linear actuators targeted at applications needing high speeds and capacities, especially in automotive production, in June 2023. This factor is critical to the segment growth by improving manufacturing efficiency. As a result, such innovations push the industry in the direction of increased automation and the integration of such technologies into production lines.

Our in-depth analysis of the global market includes the following segments