Investment Rating - The report does not explicitly state an investment rating for the electric actuator industry Core Insights - The electric actuator industry in China is in its early development stage, having started in the early 21st century, with domestic manufacturers catching up to international standards in product performance, but still facing challenges in brand recognition and market share against established foreign competitors [1][12] - The market size of China's electric actuator industry was approximately $5.7 billion in 2023, reflecting a year-on-year growth of 7.56% [1][12] - The global electric actuator market size reached approximately $21.7 billion in 2023, with a year-on-year growth of 5.9% [11] Summary by Sections Industry Overview - Electric actuators convert the rotational motion of electric motors into linear movement, offering advantages over hydraulic and pneumatic systems, such as lower maintenance needs and cost [6][8] Industry Chain - The upstream of the electric actuator industry includes various raw materials and components, while the midstream focuses on manufacturing these products using advanced production techniques [8][10] Market Analysis - The report utilizes various research models, including SCP, SWOT, and PEST, to analyze the market environment, industry policies, competitive landscape, technological innovations, and market risks [2][20] Competitive Landscape - The competition in the electric actuator industry involves both foreign multinational companies and domestic firms from mainland China and Taiwan, with competition based on product pricing, R&D capabilities, and service quality [15][16] Key Players - Notable companies in the electric actuator industry include LINAK from Denmark, THOMSON from the USA, TiMOTION from Taiwan, and Zhejiang Jiechang Electric Actuator Technology Co., Ltd. from China, each with specific applications and market strengths [16]
2024年中国电动推杆行业市场深度分析及投资战略咨询报告
2024-08-22 07:30