FEATURED COMPANIES
- ABB
- Curtis Wright (Exlar)
- Harmonic Drive LLC
- Kinitics Automation
- Misumi Group Inc.
- Rockwell Automation
Global Safety Actuators Market to Reach $952.8 Million by 2027
Amid the COVID-19 crisis, the global market for Safety Actuators estimated at US$649.9 Million in the year 2020, is projected to reach a revised size of US$952.8 Million by 2027, growing at a CAGR of 5.6% over the period 2020-2027.
The U.S. Market is Estimated at $176 Million, While China is Forecast to Grow at 8.6% CAGR
The Safety Actuators market in the U.S. is estimated at US$176 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$199.9 Million by the year 2027 trailing a CAGR of 8.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
Select Competitors (Total 34 Featured):
Amid the COVID-19 crisis, the global market for Safety Actuators estimated at US$649.9 Million in the year 2020, is projected to reach a revised size of US$952.8 Million by 2027, growing at a CAGR of 5.6% over the period 2020-2027.
The U.S. Market is Estimated at $176 Million, While China is Forecast to Grow at 8.6% CAGR
The Safety Actuators market in the U.S. is estimated at US$176 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$199.9 Million by the year 2027 trailing a CAGR of 8.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
Select Competitors (Total 34 Featured):
- ABB
- Altra Industrial Motion
- Cedrat Technologies
- Curtis Wright (Exlar)
- DVG Automation
- Festo
- Harmonic Drive LLC
- IAI
- IMI PLC
- Kinitics Automation
- Kollmorgen
- Macron Dynamics
- Misumi Group Inc.
- Moog
- Nook Industries, Inc.
- Rockwell Automation
- Rotomation
- SKF
- SMC
- Tolomatic
- Venture Mfg. Co.
Frequently Asked Questions about the Global Market for Safety Actuators
What is the estimated value of the Global Market for Safety Actuators?
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Report Attribute | Details |
---|---|
Published | April 2021 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD ) in 2020 | $ 649.9 Million |
Forecasted Market Value ( USD ) by 2027 | $ 952.8 Million |
Compound Annual Growth Rate | 5.6% |
FEATURED COMPANIES
- ABB
- Curtis Wright (Exlar)
- Harmonic Drive LLC
- Kinitics Automation
- Misumi Group Inc.
- Rockwell Automation
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
A selection of companies mentioned in this report includes:
- ABB
- Altra Industrial Motion
- Cedrat Technologies
- Curtis Wright (Exlar)
- DVG Automation
- Festo
- Harmonic Drive LLC
- IAI
- IMI PLC
- Kinitics Automation
- Kollmorgen
- Macron Dynamics
- Misumi Group Inc.
- Moog
- Nook Industries, Inc.
- Rockwell Automation
- Rotomation
- SKF
- SMC
- Tolomatic
- Venture Mfg. Co.