LAMEA Linear Actuator Market

LAMEA Linear Actuator Market Size, Share & Trends Analysis Report By Operation Mechanism (Electric, Pneumatic, Hydraulic, and Others), By End Use (Automotive, Construction, Energy & Mining, Healthcare, and Others), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-20148 Publication Date: February-2024 Number of Pages: 105
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Analysis of Market Size & Trends

The Latin America, Middle East and Africa Linear Actuator Market would witness market growth of 8.4% CAGR during the forecast period (2023-2030).

Linear actuators power the adjustment mechanisms in vehicle seats, enabling occupants to modify the seat position, height, and inclination. This feature contributes to driver and passenger comfort by allowing personalized seating configurations. Exterior and interior mirrors are often equipped with linear actuators to enable precise adjustments. Motorized mirror controls enhance the driver's ability to achieve optimal visibility without manual manipulation.

Additionally, it serves as integral components in the realm of robotics, playing a crucial role in enhancing the precision and control of robotic arms. Linear actuators, through their ability to convert rotary motion into linear motion, enable the precise extension and retraction of robotic arm components. This controlled linear motion is instrumental in guiding the end-effector – the tool or hand-like element of the robotic arm – to specific locations with accuracy and repeatability. The integration of linear actuators ensures that robotic arms can execute tasks with the required level of precision, contributing to the efficiency of automated processes.

Pursuing higher performance and durability has led to innovations in materials and designs for linear actuators. The utilization of advanced materials, including high-strength alloys and composites, facilitates bolster actuators. Additionally, design innovations focus on enhancing efficiency, reducing friction, and improving overall reliability.

Moreover, these are increasingly integrated with sensors and Internet of Things (IoT) devices, ushering in a new era of intelligent automation. This integration allows for real-time monitoring, feedback mechanisms, and adaptive responses, making linear actuators an integral part of smart, connected systems in various industries. Sensors integrated with linear actuators provide real-time data on the actuator's performance, environmental conditions, and the status of the connected system. Implementing continuous monitoring enables the timely identification of anomalies and potential problems.

As Brazil embraces modern building practices, there is a growing demand for smart building solutions. It plays a crucial role in these applications, contributing to the automation of windows, blinds, and ventilation systems, aligning with the country's focus on energy-efficient and technologically advanced structures. As per the Agencia de Noticias of the Government of Brazil, in 2021, the construction sector generated R$377.8 billion in value in 2021, with R$355.8 billion in works and/or services and R$22.0 billion in developments, works, and/or services (5.8%). Therefore, the rising construction and energy industries in LAMEA will help expand the regional market.

The Brazil market dominated the LAMEA Linear Actuator Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $671.1 Million by 2030. The Argentina market is exhibiting a CAGR of 8.9% during (2023 - 2030). Additionally, The UAE market would experience a CAGR of 8% during (2023 - 2030).

Free Valuable Insights: The Worldwide Linear Actuator Market is Projected to reach USD 27 Billion by 2030, at a CAGR of 6.1%

Based on Operation Mechanism, the market is segmented into Electric, Pneumatic, Hydraulic, and Others. Based on End Use, the market is segmented into Automotive, Construction, Energy & Mining, Healthcare, and Others.  Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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List of Key Companies Profiled

  • Emerson Electric Co.
  • Rockwell Automation, Inc.
  • Parker Hannifin Corporation
  • Bosch Rexroth AG (Robert Bosch GmbH)
  • SMC Corporation
  • AB SKF
  • Flowserve Corporation
  • LINAK A/S
  • HepcoMotion Ltd.
  • Thomson Industries, Inc. 

LAMEA Linear Actuator Market Report Segmentation

By Operation Mechanism

  • Electric
  • Pneumatic
  • Hydraulic
  • Others

By End Use

  • Automotive
  • Construction
  • Energy & Mining
  • Healthcare
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
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