The global actuators market, valued at USD 65.8 billion in 2024, is experiencing steady growth as industries increasingly implement advanced automation, robotics, and smart control solutions. Asia-Pacific dominates the global actuators market, holding the largest share due to rapid industrialization, growing manufacturing and automation sectors, and strong demand from China, India, and Southeast Asia. Europe holds a significant portion of the market, driven by advanced industrial automation, established manufacturing infrastructure, and adoption of smart manufacturing technologies. North America is witnessing steady growth, supported by demand from automotive, aerospace, and robotics industries, along with innovations in electric and pneumatic actuators.
Actuators overview
Published by MMR Statistics Research Team, Updated