This report studies the Electrohydraulic Actuator for industrial market.
Electrohydraulic actuators (EHAs) eliminate the need for separate hydraulic pumps and tubing, simplifying system architectures and improving safety and reliability. Electrohydraulic actuators incorporate servo valves and electronic controls to provide rod position feedback; thereby ensuring efficient machine operations. This amalgamation heightens accuracy, enhances functionality, improves ease-of-use, and better controls performance.
In the coming years there is an increasing demand for electrohydraulic actuator in the regions of North America and Europe that is expected to drive the market for more advanced electrohydraulic actuator. Increasing of power and industrial fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on general industry, retrofitting and renovation of old technology, increasing adoption of electrohydraulic actuator in developing countries will drive growth in global markets.
Globally, the electrohydraulic actuator industry market is low concentrated as the manufacturing technology of electrohydraulic actuator is relatively matures than some high-tech equipment. And some enterprises, like Rotork, Rexa, HOERBIGER and Emerson etc. are well-known for the wonderful performance of their electrohydraulic actuator and related services. At the same time, North America, occupied 31.80% production market share in 2017, is remarkable in the global electrohydraulic actuator industry because of their market share and technology status of electrohydraulic actuator.
The Electrohydraulic Actuator market was valued at 270 Million US$ in 2018 and is projected to reach 360 Million US$ by 2025, at a CAGR of 3.3% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Electrohydraulic Actuator.
This report presents the worldwide Electrohydraulic Actuator market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Electrohydraulic Actuator Breakdown Data by Type
Control Type Electrohydraulic Actuator
Switch Type Electrohydraulic Actuator
Electrohydraulic Actuator Breakdown Data by Application
Oil and Gas
Electrohydraulic Actuator Production by Region
Electrohydraulic Actuator Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Electrohydraulic Actuator status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Electrohydraulic Actuator manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Electrohydraulic Actuator :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electrohydraulic Actuator market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.