LONDON--(BUSINESS WIRE)--Technavio market research analysts forecast the global mechanical actuators market to grow at a CAGR of more than 2% during the forecast period, according to their latest report.
The market study covers the present scenario and growth prospects of the global mechanical actuators market for 2017-2021. The report segments the market by type into two major segments which are linear mechanical actuators and rotary mechanical actuators, of which the linear mechanical actuators segment held close to 75% of the market share.
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Technavio analysts highlight the following four market drivers that are contributing to the growth of the global mechanical actuators market:
- Low cost of mechanical actuators
- Capability of handling heavy loads and easy maintenance
- Growing focus of industries on green technology
- Increasing demand for linear mechanical actuators
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Low cost of mechanical actuators
Mechanical actuators are very cheap when compared with other actuators, as they do not require pneumatic or hydraulic power to operate. They are usually manually or mechanically controlled. These actuators are available at low cost because of the low complexity of their system. They do not require hydraulic fluid or compressed air to operate, which, in turn, results in low cost of maintenance. On the other hand, pneumatic and hydraulic-powered actuators are not only expensive but can also lead to issues such as leakages.
Capability of handling heavy loads and easy maintenance
Mechanical actuators can be scaled for a wide range of applications in the discrete and process manufacturing industries. These actuators have the capability of handling heavy loads, and the amount of thrust capacity they generate depends on their size and rating. Mechanical actuators generate a thrust capacity of up to 200,000 pounds. The speed at which they operate depends on the load that they move, and the maximum speed that a mechanical actuator can attain is 50 inches per minute.
“Although wear and tear are common in any actuator, the maintenance of mechanical actuators is comparatively easy, as there is no need to change the hydraulic fluid used or compress the air. The area of applications of these actuators include load lifting mechanisms, mainly in the shipbuilding, water and wastewater treatment, and defense and aerospace industries,” says Raghav Bharadwaj Shivaswamy, a lead analyst at Technavio for automation research.
Growing focus of industries on green technology
Mechanical actuators help in conserving energy through avoiding the usage of electric, pneumatic, and hydraulic inputs, therefore, they embody green technology, which ensures no damage is caused to the environment.
The possibility of leakages makes hydraulic and pneumatic actuators agents of contamination, resulting in wastage of renewable energy. Mechanical actuators help avoid all such wastages and conserve energy, driving the growth of green technology.
Increasing demand for linear mechanical actuators
Linear mechanical actuators are more commonly used as compared to rotary mechanical actuators because of wide areas of application. These actuators convert rotary motion into linear motion, which is used in almost all the industries. These actuators are used in lifting mechanisms, seat actuation mechanisms, valve operating mechanisms, and door opening mechanisms.
Applications of lifting mechanism can be mostly observed in the shipbuilding, manufacturing, and heavy industries. Seat actuation mechanism is used in the automotive industry, valve operating mechanism in the water and wastewater treatment industry, and door opening mechanism in the aerospace and defense industry.
“To decrease the weight of the vehicle and increase fuel efficiency, the aerospace and defense industries are using low weight component parts in their vehicles, leading to the use of low weight actuators. This, in turn, is driving the demand for linear mechanical actuators, which weigh less than hydraulic and pneumatic actuators and do not require much space,” says Raghav.
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