Actuator Market Poised to Grow at a CAGR of 4.4% by 2024
Infinium Global Research has added a new report on Actuator Market. The report presents an analysis of global as well as regional markets of actuator market over the period of 2016 to 2024. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global actuator market but also make strategic decisions to capture the most lucrative markets in the near future.
The market size is presented in terms of value for the historic year 2016 and estimated for the forecast period of 2018-2024.
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The recent report identified that Asia-Pacific dominated the global actuator market over the last couple of years while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the actuator market worldwide.
The report segments the global actuator market on the basis of the System, Types, Vehicle Type and Applications.
Global Actuator Market by System
· Mechanical Actuator
· Pneumatic Actuator
· Electric Actuator
· Hydraulic Actuator
Global Actuator Market by Types
· Linear Actuators,
· Rotary Actuators
Global Actuator Market by Vehicle Type
· Passenger Vehicle
· Commercial Vehicle
· Electric Vehicles
Global Actuator Market by Applications
· Variable Valve Technology
· HVAC Systems
· Coolant and Refrigerant Systems
Companies Profiled in the Report
· Festo AG
· Parker Hannifin
About Infinium Global Research
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