A report on the state of the Actuators Market through 2024 was recently published that predicts this market will grow by an impressive compound annual growth rate of 8.6% (from $49.2 billion to $74.5 billion).
Key takeaways from the report are:
- Advancement in the actuators market is driven by rising demand for industrial automation
- Pneumatic actuators will drive most of the growth in this sector
Robotiquality has experience with the actuators provided by the key players in the Actuator Market, including ABB, Rockwell Automation, Altra Industrial Motion, Moog, SMC, Curtiss Wright, and MISUMI. Contact us for help in utilizing the latest offerings from these companies in your industrial automation projects.