Linear Actuator Market Is Expected To Reach $ 94.3 Billion By 2030
San Francisco, 14 March 2024: The Report Linear Actuator Market Size, Share & Trends Analysis Report By Operation Mechanism (Mechanical, Hydraulic), By Region (North America, Europe), And Segment Forecasts, 2024 - 2030 The global linear actuator market size is anticipated to reach USD 94.3 billion by 2030, registering a CAGR of 8.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rise in industrial automation and robotics is significantly fueling the expansion of the market. These electromechanical devices play a vital role by transforming rotational motion into linear motion, providing precise control and movement in a wide range of applications. The increasing focus on improving productivity, efficiency, and accuracy in manufacturing processes has resulted in the widespread integration of linear actuators into automated systems. The aerospace and defense sectors necessitate actuation systems that are both high-performing and dependable to fulfil