Linear Actuators Market - Demand for Actuators with High Power Efficiency and Low Weight Will Drive the Demand for Electric Actuators.
The North America linear actuators market holds an immense promise of growth in the near future. Transparency Market Research estimates that the market will exhibit a promising 6.9% CAGR over the period between 2016 and 2024. If the prediction holds true, the market, with a valuation of US$2,893.5 mn in 2015, will rise to US$5,236.6 mn by 2024. Of the key product varieties, the segment of electric actuators, which currently accounts for over 25% of the market's overall revenue, is...
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