Actuators Market Trends

Key Emerging Trends in the Actuators Market

The global actuator market has been showing dynamic trends which are a result of rapid technological advancements and increasing industrial requirements. The actuators, which are devices that control and move mechanisms have use cases in different industries like manufacturing automotive aerospace as well health care. One of the market trends is smart and connected actuators.
The rise of Industry 4.0 has brought emphasis on automation and using intelligent systems in industrial processes. Smart actuators with sensing and communications capabilities can be used to monitor performance in real-time, thereby increasing efficiency as well productivity. The increasing adoption of electric actuators is another major market trend.
Industries aim at energy efficiency and environmental sustainability, resulting in the gradual elimination of hydraulic or pneumatic actuators by their electric counterparts. Electric actuators have several benefits which include better control, low maintenance costs and a lower carbon footprint. However, the change towards electric actuators is most evident in industries that require accuracy and precision – robotics, automotive manufacturing industry as well as medical devices.
In addition, the demand for miniaturized and lightweight actuators in the market of actuators is growing rapidly. As technology advances, demand for small and portable systems is rising in many areas such as consumer electronics or medical equipment. Finally, miniaturized actuators play a key role in the process of miniaturization that can be observed almost everywhere.
Besides these technological developments, the actuators market is driven by growing automation in the automotive sector. The need for EVs and the emergence of autonomous driving technologies are leading to greater implementation of advanced actuators in vehicles. Actuators are important in the functioning of different components used on vehicles such as throttle systems, braking system and steering mechanisms.
With the development of automotive industry actuators will be one vital component in defining future transportation. Additionally, the aerospace industry plays an important role in the actuators market due to increasing demands for lightweight materials and fuel-efficient aircrafts.
In aerospace systems, actuators are important for the control of wing flaps, landing gear or any other movable part. The aerospace industry’s emphasis on increasing fuel efficiency and reducing carbon emissions is promoting the emergence of advanced actuators that help in overall weight reduction.