Jun 10, 2020   SOURCE: BusinessWire

Insights into the Global Marine Actuators Industry to 2027 - Drivers, Restraints, Opportunities & Threats - ResearchAndMarkets.com

The "Marine Actuators - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Marine Actuators market accounted for $3.00 billion in 2018 and is expected to reach $5.38 billion by 2027 growing at a CAGR of 6.7% during the forecast period. Technological developments, and increasing population are the major factors propelling the market growth. However, factors such as competitive standards of pricing, and the ability of the suppliers to meet the requirements of the consumer are hampering the market growth.

Marine Actuators involve complex molecules and hence manufacturing these molecules is a challenge for developers, particularly in with regard to specialized manufacturing facilities and highly skilled technical personnel. This has created lucrative avenues for contract service providers operating in the space.

Based on the product, the pneumatic segment is going to have a lucrative growth during the forecast period owing to the increasing demand for the automation projects in power, chemical, and oil and gas industries will be one of the major factors that will have a positive impact on the growth of the market.

By geography, Europe is going to have a lucrative growth during the forecast period due to the presence of OEMs that deliver high-performance vehicles. Eastern Europe is having a sluggish growth while Western Europe which comprises of countries such as Germany, Italy, France and the U.K. is growing in terms of both market and technology.

Companies Mentioned

  • AVK Group
  • Brkert Fluid Control Systems
  • Curtiss-Wright Corporation
  • Diakont
  • Emerson
  • Flowserve Corporation
  • Honeywell International Inc.
  • Hunt Valve
  • IMI PLC.
  • KITZ Corporation
  • Rockwell Automation
  • Rotork
  • Schlumberger
  • Ultra Motion
  • Woodward

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.4.1 Data Mining

2.4.2 Data Analysis

2.4.3 Data Validation

2.4.4 Research Approach

2.5 Research Sources

2.5.1 Primary Research Sources

2.5.2 Secondary Research Sources

2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Product Analysis

3.7 Application Analysis

3.8 Emerging Markets

3.9 Impact of Covid-19

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Marine Actuators Market, By Product

5.1 Introduction

5.2 Electric

5.3 Hybrid

5.4 Hydraulic

5.5 Manual

5.6 Mechanical

5.7 Pneumatic

6 Global Marine Actuators Market, By Application

6.1 Introduction

6.2 Fishing Vessels

6.3 Passenger Ships And Ferries

6.4 Yachts

7 Global Marine Actuators Market, By Geography

7.1 Introduction

7.2 North America

7.2.1 US

7.2.2 Canada

7.2.3 Mexico

7.3 Europe

7.3.1 Germany

7.3.2 UK

7.3.3 Italy

7.3.4 France

7.3.5 Spain

7.3.6 Rest of Europe

7.4 Asia Pacific

7.4.1 Japan

7.4.2 China

7.4.3 India

7.4.4 Australia

7.4.5 New Zealand

7.4.6 South Korea

7.4.7 Rest of Asia Pacific

7.5 South America

7.5.1 Argentina

7.5.2 Brazil

7.5.3 Chile

7.5.4 Rest of South America

7.6 Middle East & Africa

7.6.1 Saudi Arabia

7.6.2 UAE

7.6.3 Qatar

7.6.4 South Africa

7.6.5 Rest of Middle East & Africa

8 Key Developments

8.1 Agreements, Partnerships, Collaborations and Joint Ventures

8.2 Acquisitions & Mergers

8.3 New Product Launch

8.4 Expansions

8.5 Other Key Strategies

9 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/r/meu2zs