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Report updated on 11th September, 2021: Global Electrohydraulic Actuator Market by Type (Control Electrohydraulic Actuator, Switch Electrohydraulic Actuator), By Application (Oil and Gas, Power, Industrial), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)Trusted Business Insights has published a comprehensive market research report on, Global Electrohydraulic Actuator Market by Type (Control Electrohydraulic Actuator, Switch Electrohydraulic Actuator), By Application (Oil and Gas, Power, Industrial), and by Region -Global Forecast to 2030, which offers a holistic view of the global electrohydraulic actuator market through systematic segmentation that covers every aspect of the target market. The global electrohydraulic actuator market is projected to be US$ 307.5 Mn in 2020 to reach US$ 434.4 Mn by 2030 at a CAGR of 3.5%. Electrohydraulic valve actuators and hydraulic valve actuators convert fluid pressure into motion in response to a signal. They use an outside power source and receive signals that are measured in amperes, volts, or pressure. Hydraulic actuators can be used when a large amount of force is required to operate a valve. The market for electrohydraulic actuators is expected to grow in the foreseeable future owing to the advancements in the electrohydraulic actuator technology. Incorporation of electrohydraulic actuators in the valves increases accuracy, functionality and ease-of-use of the system, and these factors are anticipated to aid the market growth rate. Also, the growth of construction industry and rapid increase in the manufacturing industries are the factors which are expected to bolster the growth of the market in the forecast period.
Global Electrohydraulic Actuator Market Revenue (US$ Mn), 2021 to 2030The increase in the purchase of integrated systems and the need for automation solutions among the hydraulic systems in the oil and gas, metals and mining, and marine industries have driven the market for hydraulic actuators.
Global Electrohydraulic Actuator Market by Formulation, 2018On the basis of type, market is segmented into Control Type Actuator and Switch Type Actuator. Control Type Electrohydraulic Actuator accounts for the majority share in the global electrohydraulic actuator market. On the basis of region, the market is segmented into United States, China, Europe, Japan, Southeast Asia, India and Rest of the World. The United States accounts for the majority share in the global electrohydraulic actuator market, followed by Europe. Emerging economies such as China is expected to register the highest growth rate over the forecast period. Countries and regions such as India and Japan, Southeast Asia and rest of the world are expected to register stable growth over the forecast period. The research report on the global electrohydraulic actuator market includes profiles of some of major companies such as Emerson Electric Co., Rotork plc, HOERBIGER Holding AG, Nihon KOSO Co.Ltd., Moog Inc., Samson Controls (China) Co., Ltd., Woodward, Inc., AVTECH, Rotex Automation Limited, Siemens Aktiengesellschaft, Parker-Hannifin Corporation etc.
Below are the active patents related to Electrohydraulic Actuator Market.Patent Number: US20110289912A1 Electro-hydraulic actuator Abstract An electro-hydraulic actuator (EHA) includes a hydraulic circuit having a plurality of pressure compensated flow control valves for allowing a maximum flow rate through the fluid conduits regardless of the loads imparted on the actuator. In one embodiment of the EHA, a plurality of combination manual override/thermal expansion valves that simplify the manufacture of the EHA. Application File Date: 2011-04-21 Application Granted Date: 2015-04-07 Current Assignee: Parker Intangibles LLC Patent Number: EP2505496A3 Redundant two stage electro-hydraulic servo actuator control Abstract A flight control system (10) includes a dual stage actuator (12) for moving a control surface (14). Each stage (16,18) includes several control valves (20,22,24,26,28,30) that are controlled independently to provide a desired redundancy. A flight controller (32,34,36) generates a position command that is indicative of the position desired for the control surface. A first communication link (38) is provided between several flight controllers (32,34,36) to share information. Each of the flight controllers forwards the position command to actuator remote processing unit (40,42,44). The actuator remote processing unit receive position commands and generate a command signal that controls movement of the actuator (12) using the control valves. Each of the actuator remote processing units is linked through a second communication link (46). Feedback and balancing of the different control valves is provided by the visibility accorded each actuator remote processing unit by the second communication link. Application File Date: 2012-03-30 Application Granted Date: 2015-05-13 Current Assignee: Hamilton Sundstrand Corp Patent Number: US20140260233A1 Hydraulic actuator with on-demand energy flow Abstract Various embodiments related to hydraulic actuators and active suspension systems as well as their methods of use are described. Application File Date: 2014-03-14 Application Granted Date: 2018-07-24 Current Assignee: ClearMotion Inc
Key Market SegmentsBy Type
Chapter 1 Electrohydraulic Actuator Market Overview 1.1 Introduction 1.2 Electrohydraulic Actuator Segment by Product Type 1.2.1 Global Electrohydraulic Actuator Revenue (US$ Mn) Comparison by Product Type (2012-2028) 1.2.2 Electrohydraulic Actuator Revenue Market Share by Product Type in 2018 1.3 Electrohydraulic Actuator Segment by Application 1.3.1 Global Electrohydraulic Actuator Revenue (US$ Mn) Comparison by Application (2012-2028) 1.3.2 Electrohydraulic Actuator Revenue Market Share by Application in 2018 1.4 Electrohydraulic Actuator Market Outlook by Region 1.4.1 Global Electr | read more...