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A linear actuator is an actuator that creates motion in a straight line, in contrast to the circular motion of a conventional electric motor.
Linear actuators are used in machine tools and industrial machinery, in computer peripherals such as disk drives and printers, in valves and dampers, and in many other places where linear motion is required.
Hydraulic or pneumatic cylinders inherently produce linear motion.Linear Actuators manufacturers range from large multinational corporations to small privately owned companies in this industry.
The leading players are Parker, Emerson, LINAK, THK, ABB, accounting for 20.09 percent revenue market share in 2018.The market segment by three types: Pneumatic Linear Actuators, Electric Linear Actuators and Hydraulic Linear Actuators.
The applications of Linear Actuators are Oil & Gas, General Industries, Chemical, Power and Other industries.
Oil & Gas and General Industries are the main application, which accounts for about 58.99% of total consumption in 2018.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-linear-actuators-2019-2024-542According to this study, over the next five years the Linear Actuators market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 8928.5 million by 2024, from US$ 7297 million in 2019.