The Electrohydraulic Actuator market was valued at 270 Million US$ in 2017 and is projected to reach 360 Million US$ by 2025, at a CAGR of 3.3% during the forecast period.
Los Angeles, CA -- (SBWIRE) -- 01/11/2019 -- This study focuses on the production side and consumption side of Electrohydraulic Actuator, presents the global Electrohydraulic Actuator market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Electrohydraulic Actuator capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Electrohydraulic Actuator by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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 2017 and is projected to reach 360 Million US$ by 2025, at a CAGR of 3.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Electrohydraulic Actuator.
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This report includes the following manufacturers; we can also add the other companies as you want.
Market Segment by Product Type
Control Type Electrohydraulic Actuator
Switch Type Electrohydraulic Actuator
Market Segment by Application
Oil and Gas
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