Global Analysis
The global actuators market is segmented into the prominent regions of Americas , Europe , Asia Pacific and Middle East & Africa . Asia Pacific region have the huge potential for the actuators market . The region is also expected to drive global IoT growth over the next 5 years . IoT has been an area of focus in emerging economies , such as India and China . This includes the establishment of smart cities , IoT-specific centers of excellence , which simultaneously are expected to propel the demand for actuators . The Asia Pacific actuators market is also projected to grow at the highest CAGR OF 5.93 % during the forecast period . Americas is one of the major regions for the actuators . America ’ s actuators market holds an enormous potential of growth in the near future . Increasing investments across life sciences , automotive , food processing and packaging segments to revive growth . Hence , America ’ s actuators market is expected to grow at a CAGR of 5.21 %. Europe is one of the major region for electric two-wheeler and has achieved an ample scope due to the presence of profitable countries such as Germany , U . K , and Norway . Additionally , the region is the hub of major are automobile manufacturers such as Audi , BMW , and Volvo among others . This also has the positive influence on the growth of the market . According to ITA Pharmaceuticals Top Markets Report , 2016 , countries such as Belgium , Switzerland , United Kingdom , Germany , and Austria are expected to rank as one the leading pharmaceutical exporter in 2016-2017 .
Key Players
The key players of global actuators market are Cameron , a Schlumberger company ( U . S .), Eaton Corporation plc ( Ireland ), The Emerson Electric Company ( U . S .), Festo AG & Co . KG ( Germany ), Flowserve Corporation ( U . S .), Honeywell International Inc . ( U . S .), KITZ Corporation ( Japan ), Rotork plc . ( Japan ), SAMSON AG ( Germany ), and SMC Corporation ( Japan ).
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