The Electric Actuators For Marine And Defense Industry Market in US is being driven by Growing demand for aircraft and government expenditure in defense sector
The Electric Actuators For Marine And Defense Industry Market in US is expected to grow at a CAGR of 5.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 206.2 million. In the Electric Actuators for Marine and Defense Industry Market in the US, key players are implementing strategic initiatives, including new product launches, to expand their product portfolios and capture larger market shares. This market encompasses both international and domestic players. New product introductions enable companies to bolster their offerings and increase diversification to better serve end-users. Notable companies, such as AUMA Riester GmbH, Bray International, Curtiss-Wright Corp., and LINAK, are actively launching innovative electric actuator solutions specifically engineered for naval and defense applications. For instance, LINAK debuted the industry's first electric linear actuator with IO-Link communication, enabling seamless integration with advanced systems. Similarly, AUMA's PROFOX series and Curtiss-Wright's FTX and KX series cater to high-precision control in demanding marine environments.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
169 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.4% |
Market growth 2025-2029 |
USD 206.2 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
5.2 |
Key countries |
US |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
In the US market for Electric Actuators in Marine and Defense Industry, actuator selection criteria include marine actuator standards and defense actuator specifications. Servo actuators, stepper motor actuators, brushless DC actuators, linear motion control, and rotary motion control are common types. Precise positioning systems, force control actuators, and velocity control actuators ensure performance. Closed-loop control, open-loop control, feedback control loop, PID control algorithm, digital actuator control, and analog actuator control are used for control. Emergency stop systems, fault detection systems, remote diagnostics, predictive maintenance, actuator reliability metrics, and actuator efficiency rating are essential features. Durability testing, saltwater resistance, and shock resistance are crucial for ensuring actuator performance in harsh marine and defense environments.
The Electric Actuators market for Marine and Defense Industry in the US is a significant segment of the larger global Electrical Components and Equipment Market. This market caters to the demand for linear actuators and rotary actuator technology in marine vessel automation and defense system integration. Actuator control systems are a crucial aspect of this market, as they enable precise and efficient operation of these systems. The parent market encompasses a wide range of electrical products, including motors, motor control, encoder and amplifier, automation solutions, electrical distribution and protection equipment, small generators, wire and cable accessories, power supplies and conditioners, sensors, meters and indicators, recorders and loggers, process safety systems, instrumentation, test and measurement equipment, switches, transmitters and receivers, HVAC, and safety components. Manufacturers supplying electrical components and equipment for rent or lease to industrial, commercial, and residential sectors also contribute to the market size calculation.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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